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Troffer-Global Market Insights and Sales Trends 2025

Troffer-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1810240

No of Pages : 92

Synopsis
A troffer is a rectangular light fixture that fits into a modular dropped ceiling grid (i.e. 2' by 2' or 2' by 4'). Troffer fixtures have typically been designed to accommodate standard fluorescent lamps (T12, T8, or T5), but are now often designed with integral LED sources. Troffers are typically recessed sitting above the ceiling grid, but are also available in surface mount 'boxes'. Those with integral LEDs are often known instead as LED light panels.
The global Troffer market size is expected to reach US$ 13270 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Troffer in various end use industries. The expanding demands from the Hospital, Business and Others,, are propelling Troffer market. 2x2 ft, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 2x4 ft segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Troffer market, driven by demand from China, the second largest economy with some signs of stabilising, the Troffer market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Troffer, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Troffer market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Troffer market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Troffer sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Troffer covered in this report include General Electric, Acuity Brands Lighting, Eaton Corporation, Koninklijke Philips, Zumtobel Inc, Hubbell, MaxLite and Focal Point,LLC, etc.
The global Troffer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Electric
Acuity Brands Lighting
Eaton Corporation
Koninklijke Philips
Zumtobel Inc
Hubbell
MaxLite
Focal Point,LLC
Global Troffer market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Troffer market, Segment by Type:
2x2 ft
2x4 ft
Others
Global Troffer market, by Application
Hospital
Business
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Troffer manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Troffer in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Troffer Market Overview
1.1 Troffer Product Overview
1.2 Troffer Market Segment by Type
1.2.1 2x2 ft
1.2.2 2x4 ft
1.2.3 Others
1.3 Global Troffer Market Size by Type
1.3.1 Global Troffer Market Size Overview by Type (2018-2029)
1.3.2 Global Troffer Historic Market Size Review by Type (2018-2023)
1.3.3 Global Troffer Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Troffer Sales Breakdown by Type (2018-2023)
1.4.2 Europe Troffer Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Troffer Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Troffer Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Troffer Sales Breakdown by Type (2018-2023)
2 Global Troffer Market Competition by Company
2.1 Global Top Players by Troffer Sales (2018-2023)
2.2 Global Top Players by Troffer Revenue (2018-2023)
2.3 Global Top Players by Troffer Price (2018-2023)
2.4 Global Top Manufacturers Troffer Manufacturing Base Distribution, Sales Area, Product Type
2.5 Troffer Market Competitive Situation and Trends
2.5.1 Troffer Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Troffer Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Troffer as of 2022)
2.7 Date of Key Manufacturers Enter into Troffer Market
2.8 Key Manufacturers Troffer Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Troffer Status and Outlook by Region
3.1 Global Troffer Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Troffer Historic Market Size by Region
3.2.1 Global Troffer Sales in Volume by Region (2018-2023)
3.2.2 Global Troffer Sales in Value by Region (2018-2023)
3.2.3 Global Troffer Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Troffer Forecasted Market Size by Region
3.3.1 Global Troffer Sales in Volume by Region (2024-2029)
3.3.2 Global Troffer Sales in Value by Region (2024-2029)
3.3.3 Global Troffer Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Troffer by Application
4.1 Troffer Market Segment by Application
4.1.1 Hospital
4.1.2 Business
4.1.3 Others
4.2 Global Troffer Market Size by Application
4.2.1 Global Troffer Market Size Overview by Application (2018-2029)
4.2.2 Global Troffer Historic Market Size Review by Application (2018-2023)
4.2.3 Global Troffer Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Troffer Sales Breakdown by Application (2018-2023)
4.3.2 Europe Troffer Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Troffer Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Troffer Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Troffer Sales Breakdown by Application (2018-2023)
5 North America Troffer by Country
5.1 North America Troffer Historic Market Size by Country
5.1.1 North America Troffer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Troffer Sales in Volume by Country (2018-2023)
5.1.3 North America Troffer Sales in Value by Country (2018-2023)
5.2 North America Troffer Forecasted Market Size by Country
5.2.1 North America Troffer Sales in Volume by Country (2024-2029)
5.2.2 North America Troffer Sales in Value by Country (2024-2029)
6 Europe Troffer by Country
6.1 Europe Troffer Historic Market Size by Country
6.1.1 Europe Troffer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Troffer Sales in Volume by Country (2018-2023)
6.1.3 Europe Troffer Sales in Value by Country (2018-2023)
6.2 Europe Troffer Forecasted Market Size by Country
6.2.1 Europe Troffer Sales in Volume by Country (2024-2029)
6.2.2 Europe Troffer Sales in Value by Country (2024-2029)
7 Asia-Pacific Troffer by Region
7.1 Asia-Pacific Troffer Historic Market Size by Region
7.1.1 Asia-Pacific Troffer Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Troffer Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Troffer Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Troffer Forecasted Market Size by Region
7.2.1 Asia-Pacific Troffer Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Troffer Sales in Value by Region (2024-2029)
8 Latin America Troffer by Country
8.1 Latin America Troffer Historic Market Size by Country
8.1.1 Latin America Troffer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Troffer Sales in Volume by Country (2018-2023)
8.1.3 Latin America Troffer Sales in Value by Country (2018-2023)
8.2 Latin America Troffer Forecasted Market Size by Country
8.2.1 Latin America Troffer Sales in Volume by Country (2024-2029)
8.2.2 Latin America Troffer Sales in Value by Country (2024-2029)
9 Middle East and Africa Troffer by Country
9.1 Middle East and Africa Troffer Historic Market Size by Country
9.1.1 Middle East and Africa Troffer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Troffer Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Troffer Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Troffer Forecasted Market Size by Country
9.2.1 Middle East and Africa Troffer Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Troffer Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 General Electric
10.1.1 General Electric Company Information
10.1.2 General Electric Introduction and Business Overview
10.1.3 General Electric Troffer Sales, Revenue and Gross Margin (2018-2023)
10.1.4 General Electric Troffer Products Offered
10.1.5 General Electric Recent Development
10.2 Acuity Brands Lighting
10.2.1 Acuity Brands Lighting Company Information
10.2.2 Acuity Brands Lighting Introduction and Business Overview
10.2.3 Acuity Brands Lighting Troffer Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Acuity Brands Lighting Troffer Products Offered
10.2.5 Acuity Brands Lighting Recent Development
10.3 Eaton Corporation
10.3.1 Eaton Corporation Company Information
10.3.2 Eaton Corporation Introduction and Business Overview
10.3.3 Eaton Corporation Troffer Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Eaton Corporation Troffer Products Offered
10.3.5 Eaton Corporation Recent Development
10.4 Koninklijke Philips
10.4.1 Koninklijke Philips Company Information
10.4.2 Koninklijke Philips Introduction and Business Overview
10.4.3 Koninklijke Philips Troffer Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Koninklijke Philips Troffer Products Offered
10.4.5 Koninklijke Philips Recent Development
10.5 Zumtobel Inc
10.5.1 Zumtobel Inc Company Information
10.5.2 Zumtobel Inc Introduction and Business Overview
10.5.3 Zumtobel Inc Troffer Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Zumtobel Inc Troffer Products Offered
10.5.5 Zumtobel Inc Recent Development
10.6 Hubbell
10.6.1 Hubbell Company Information
10.6.2 Hubbell Introduction and Business Overview
10.6.3 Hubbell Troffer Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hubbell Troffer Products Offered
10.6.5 Hubbell Recent Development
10.7 MaxLite
10.7.1 MaxLite Company Information
10.7.2 MaxLite Introduction and Business Overview
10.7.3 MaxLite Troffer Sales, Revenue and Gross Margin (2018-2023)
10.7.4 MaxLite Troffer Products Offered
10.7.5 MaxLite Recent Development
10.8 Focal Point,LLC
10.8.1 Focal Point,LLC Company Information
10.8.2 Focal Point,LLC Introduction and Business Overview
10.8.3 Focal Point,LLC Troffer Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Focal Point,LLC Troffer Products Offered
10.8.5 Focal Point,LLC Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Troffer Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Troffer Industrial Chain Analysis
11.4 Troffer Market Dynamics
11.4.1 Troffer Industry Trends
11.4.2 Troffer Market Drivers
11.4.3 Troffer Market Challenges
11.4.4 Troffer Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Troffer Distributors
12.3 Troffer Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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