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Article: Frost & Sullivan Sheds Light on North American Lighting Equipment Market.
- Article from:
- PR Newswire
- Article date:
- October 19, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN ANTONIO, Oct. 19 /PRNewswire/ -- Competition within the lighting equipment market has become intense as well-established large players with strong balance sheets dominate the industry. The resulting rivalry has created debilitating price wars, duplicate research efforts and redundant product lines.
Frost & Sullivan's (www.frost.com) latest strategic research, North American Lighting Equipment Markets, is a compilation of industry information gathered from market participants. According to this research, the market for lighting equipment reached more than $10.3 billion in 1998 and is forecast to total $15.2 billion by 2005.
Gradually, the lighting ...