Lights out: Industry revenue continues to decline due to intense import competition

IBISWorld’s Electric Lighting Equipment Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Analysis & Industry Trends

Growing import penetration has placed significant strain on the Electric Lighting Equipment Manufacturing industry over the past five years. Low labour costs in Asian countries have enabled foreign producers to sell competing products at much lower prices. Despite a weaker Australian dollar making Australian products more attractive abroad and pushing export revenue higher over the past five years, this growth has been unable to halt general industry declines. As a result, industry revenue is expected to fall by an annualised 10.1% over the five years through 2016-17. This includes a forecast revenue fall of 3.8% in the current year, to total $774.2 million...

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Industry Report - Industry Investment Chapter

The Electrical Lighting Equipment Manufacturing industry requires relatively low amounts of capital investment. For each dollar projected to be spent on wages in 2016-17, just $0.08 will be invested in capital plant and equipment during the year. Capital intensity has decreased over the past five years as companies reduced capital investments to cut costs, and as wages increased as a proportion of industry revenue.

The wide disparity between capital and labour is largely brought about by Australian lighting manufacturers' tendency to concentrate on high value added architectural lighting, involving high levels of design, craftsmanship and project orientation. As a result of the industry reliance on skilled labour, capital costs tend to be lower. Thi..

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Industry Products

What is the Electric Lighting Equipment Manufacturing Industry?

Companies in the industry primarily manufacture lighting products including fixtures, luminaires, fittings and related components (except automotive), and electric signs. The industry is not significantly involved in manufacturing light bulbs because almost all light bulbs are now imported.

Industry Products
Lighting fixtures and luminaires
Lighting control gear
Other electric lighting equipment
Neon and electronic signs
Light bulbs and tubes
Industry Activities
Manufacturing electric light bulbs or tubes
Manufacturing lighting fixtures and luminaires
Manufacturing electrical elements
Manufacturing electrical light fittings
Manufacturing flashlight bulbs
Manufacturing infra-red or ultra-violet lamps
Manufacturing neon and electric signs
Manufacturing spotlights

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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