Global Trunking System Market Growth (Status and Outlook) 2023-2029

Trunking System here refers to LED Trunking Systems. Trunking System is an energy‐efficient, low maintenance alternative to traditional linear fluorescent in a variety of industrial, commercial and light assembly applications. It is the optimal solution for conventional lighting systems and also excellent for new installations due to its low installation cost ‐ everything in one box and installation is tool‐less. It saves both time and costs when updating lighting systems. LED trunking system distributes the elegant and uniform light according to different applications like supermarket, retail places, warehouses, offices, lecture halls, play courts, gymnasium, workshops,car parks etc.

LPI (LP Information)' newest research report, the “Trunking System Industry Forecast” looks at past sales and reviews total world Trunking System sales in 2022, providing a comprehensive analysis by region and market sector of projected Trunking System sales for 2023 through 2029. With Trunking System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Trunking System industry.

This Insight Report provides a comprehensive analysis of the global Trunking System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Trunking System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Trunking System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Trunking System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Trunking System.

The global Trunking System market size is projected to grow from US$ 130.9 million in 2022 to US$ 203.9 million in 2029; it is expected to grow at a CAGR of 6.5% from 2023 to 2029.

Philips accounted for 19% of the global Trunking System revenue market share. Followed players, GE lighting accounted for 10%, Havells Sylvania (Shanghai Feilo Acoustics) accounted for 6%.

Global giant manufactures mainly distributed in Europe. They have unshakable status in this field. The key product markets locate at Europe. Europe takes the market share of 49%.

This report presents a comprehensive overview, market shares, and growth opportunities of Trunking System market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Narrow Distribution
    Wide Distribution
    Others

Segmentation by application
    Commercial
    Industrial
    Warehouse
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Philips Lighting Holding
    GE lighting
    Havells Sylvania (Shanghai Feilo Acoustics)
    Siteco Beleuchtungstechnik GmbH (OSRAM)
    Zumtobel Group
    TRILUX Group Management GmbH
    Aura Light International
    Luxon LED
    Thorlux Lighting (F.W. Thorpe Plc Group)

List of Tables
    Table 1. Trunking System Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Narrow Distribution
    Table 3. Major Players of Wide Distribution
    Table 4. Major Players of Others
    Table 5. Trunking System Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 6. Global Trunking System Market Size by Type (2018-2023) & ($ Millions)
    Table 7. Global Trunking System Market Size Market Share by Type (2018-2023)
    Table 8. Trunking System Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 9. Global Trunking System Market Size by Application (2018-2023) & ($ Millions)
    Table 10. Global Trunking System Market Size Market Share by Application (2018-2023)
    Table 11. Global Trunking System Revenue by Players (2018-2023) & ($ Millions)
    Table 12. Global Trunking System Revenue Market Share by Player (2018-2023)
    Table 13. Trunking System Key Players Head office and Products Offered
    Table 14. Trunking System Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 15. New Products and Potential Entrants
    Table 16. Mergers & Acquisitions, Expansion
    Table 17. Global Trunking System Market Size by Regions 2018-2023 & ($ Millions)
    Table 18. Global Trunking System Market Size Market Share by Regions (2018-2023)
    Table 19. Global Trunking System Revenue by Country/Region (2018-2023) & ($ millions)
    Table 20. Global Trunking System Revenue Market Share by Country/Region (2018-2023)
    Table 21. Americas Trunking System Market Size by Country (2018-2023) & ($ Millions)
    Table 22. Americas Trunking System Market Size Market Share by Country (2018-2023)
    Table 23. Americas Trunking System Market Size by Type (2018-2023) & ($ Millions)
    Table 24. Americas Trunking System Market Size Market Share by Type (2018-2023)
    Table 25. Americas Trunking System Market Size by Application (2018-2023) & ($ Millions)
    Table 26. Americas Trunking System Market Size Market Share by Application (2018-2023)
    Table 27. APAC Trunking System Market Size by Region (2018-2023) & ($ Millions)
    Table 28. APAC Trunking System Market Size Market Share by Region (2018-2023)
    Table 29. APAC Trunking System Market Size by Type (2018-2023) & ($ Millions)
    Table 30. APAC Trunking System Market Size Market Share by Type (2018-2023)
    Table 31. APAC Trunking System Market Size by Application (2018-2023) & ($ Millions)
    Table 32. APAC Trunking System Market Size Market Share by Application (2018-2023)
    Table 33. Europe Trunking System Market Size by Country (2018-2023) & ($ Millions)
    Table 34. Europe Trunking System Market Size Market Share by Country (2018-2023)
    Table 35. Europe Trunking System Market Size by Type (2018-2023) & ($ Millions)
    Table 36. Europe Trunking System Market Size Market Share by Type (2018-2023)
    Table 37. Europe Trunking System Market Size by Application (2018-2023) & ($ Millions)
    Table 38. Europe Trunking System Market Size Market Share by Application (2018-2023)
    Table 39. Middle East & Africa Trunking System Market Size by Region (2018-2023) & ($ Millions)
    Table 40. Middle East & Africa Trunking System Market Size Market Share by Region (2018-2023)
    Table 41. Middle East & Africa Trunking System Market Size by Type (2018-2023) & ($ Millions)
    Table 42. Middle East & Africa Trunking System Market Size Market Share by Type (2018-2023)
    Table 43. Middle East & Africa Trunking System Market Size by Application (2018-2023) & ($ Millions)
    Table 44. Middle East & Africa Trunking System Market Size Market Share by Application (2018-2023)
    Table 45. Key Market Drivers & Growth Opportunities of Trunking System
    Table 46. Key Market Challenges & Risks of Trunking System
    Table 47. Key Industry Trends of Trunking System
    Table 48. Global Trunking System Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 49. Global Trunking System Market Size Market Share Forecast by Regions (2024-2029)
    Table 50. Global Trunking System Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 51. Global Trunking System Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 52. Philips Lighting Holding Details, Company Type, Trunking System Area Served and Its Competitors
    Table 53. Philips Lighting Holding Trunking System Product Offered
    Table 54. Philips Lighting Holding Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 55. Philips Lighting Holding Main Business
    Table 56. Philips Lighting Holding Latest Developments
    Table 57. GE lighting Details, Company Type, Trunking System Area Served and Its Competitors
    Table 58. GE lighting Trunking System Product Offered
    Table 59. GE lighting Main Business
    Table 60. GE lighting Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 61. GE lighting Latest Developments
    Table 62. Havells Sylvania (Shanghai Feilo Acoustics) Details, Company Type, Trunking System Area Served and Its Competitors
    Table 63. Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Product Offered
    Table 64. Havells Sylvania (Shanghai Feilo Acoustics) Main Business
    Table 65. Havells Sylvania (Shanghai Feilo Acoustics) Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 66. Havells Sylvania (Shanghai Feilo Acoustics) Latest Developments
    Table 67. Siteco Beleuchtungstechnik GmbH (OSRAM) Details, Company Type, Trunking System Area Served and Its Competitors
    Table 68. Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Product Offered
    Table 69. Siteco Beleuchtungstechnik GmbH (OSRAM) Main Business
    Table 70. Siteco Beleuchtungstechnik GmbH (OSRAM) Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 71. Siteco Beleuchtungstechnik GmbH (OSRAM) Latest Developments
    Table 72. Zumtobel Group Details, Company Type, Trunking System Area Served and Its Competitors
    Table 73. Zumtobel Group Trunking System Product Offered
    Table 74. Zumtobel Group Main Business
    Table 75. Zumtobel Group Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 76. Zumtobel Group Latest Developments
    Table 77. TRILUX Group Management GmbH Details, Company Type, Trunking System Area Served and Its Competitors
    Table 78. TRILUX Group Management GmbH Trunking System Product Offered
    Table 79. TRILUX Group Management GmbH Main Business
    Table 80. TRILUX Group Management GmbH Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 81. TRILUX Group Management GmbH Latest Developments
    Table 82. Aura Light International Details, Company Type, Trunking System Area Served and Its Competitors
    Table 83. Aura Light International Trunking System Product Offered
    Table 84. Aura Light International Main Business
    Table 85. Aura Light International Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 86. Aura Light International Latest Developments
    Table 87. Luxon LED Details, Company Type, Trunking System Area Served and Its Competitors
    Table 88. Luxon LED Trunking System Product Offered
    Table 89. Luxon LED Main Business
    Table 90. Luxon LED Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 91. Luxon LED Latest Developments
    Table 92. Thorlux Lighting (F.W. Thorpe Plc Group) Details, Company Type, Trunking System Area Served and Its Competitors
    Table 93. Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Product Offered
    Table 94. Thorlux Lighting (F.W. Thorpe Plc Group) Main Business
    Table 95. Thorlux Lighting (F.W. Thorpe Plc Group) Trunking System Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 96. Thorlux Lighting (F.W. Thorpe Plc Group) Latest Developments
List of Figures
    Figure 1. Trunking System Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Trunking System Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Trunking System Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Trunking System Sales Market Share by Country/Region (2022)
    Figure 8. Trunking System Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Trunking System Market Size Market Share by Type in 2022
    Figure 10. Trunking System in Commercial
    Figure 11. Global Trunking System Market: Commercial (2018-2023) & ($ Millions)
    Figure 12. Trunking System in Industrial
    Figure 13. Global Trunking System Market: Industrial (2018-2023) & ($ Millions)
    Figure 14. Trunking System in Warehouse
    Figure 15. Global Trunking System Market: Warehouse (2018-2023) & ($ Millions)
    Figure 16. Trunking System in Others
    Figure 17. Global Trunking System Market: Others (2018-2023) & ($ Millions)
    Figure 18. Global Trunking System Market Size Market Share by Application in 2022
    Figure 19. Global Trunking System Revenue Market Share by Player in 2022
    Figure 20. Global Trunking System Market Size Market Share by Regions (2018-2023)
    Figure 21. Americas Trunking System Market Size 2018-2023 ($ Millions)
    Figure 22. APAC Trunking System Market Size 2018-2023 ($ Millions)
    Figure 23. Europe Trunking System Market Size 2018-2023 ($ Millions)
    Figure 24. Middle East & Africa Trunking System Market Size 2018-2023 ($ Millions)
    Figure 25. Americas Trunking System Value Market Share by Country in 2022
    Figure 26. United States Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Canada Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 28. Mexico Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 29. Brazil Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 30. APAC Trunking System Market Size Market Share by Region in 2022
    Figure 31. APAC Trunking System Market Size Market Share by Type in 2022
    Figure 32. APAC Trunking System Market Size Market Share by Application in 2022
    Figure 33. China Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Japan Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 35. Korea Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Southeast Asia Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 37. India Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 38. Australia Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 39. Europe Trunking System Market Size Market Share by Country in 2022
    Figure 40. Europe Trunking System Market Size Market Share by Type (2018-2023)
    Figure 41. Europe Trunking System Market Size Market Share by Application (2018-2023)
    Figure 42. Germany Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 43. France Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 44. UK Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Italy Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 46. Russia Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 47. Middle East & Africa Trunking System Market Size Market Share by Region (2018-2023)
    Figure 48. Middle East & Africa Trunking System Market Size Market Share by Type (2018-2023)
    Figure 49. Middle East & Africa Trunking System Market Size Market Share by Application (2018-2023)
    Figure 50. Egypt Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 51. South Africa Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 52. Israel Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Turkey Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 54. GCC Country Trunking System Market Size Growth 2018-2023 ($ Millions)
    Figure 55. Americas Trunking System Market Size 2024-2029 ($ Millions)
    Figure 56. APAC Trunking System Market Size 2024-2029 ($ Millions)
    Figure 57. Europe Trunking System Market Size 2024-2029 ($ Millions)
    Figure 58. Middle East & Africa Trunking System Market Size 2024-2029 ($ Millions)
    Figure 59. United States Trunking System Market Size 2024-2029 ($ Millions)
    Figure 60. Canada Trunking System Market Size 2024-2029 ($ Millions)
    Figure 61. Mexico Trunking System Market Size 2024-2029 ($ Millions)
    Figure 62. Brazil Trunking System Market Size 2024-2029 ($ Millions)
    Figure 63. China Trunking System Market Size 2024-2029 ($ Millions)
    Figure 64. Japan Trunking System Market Size 2024-2029 ($ Millions)
    Figure 65. Korea Trunking System Market Size 2024-2029 ($ Millions)
    Figure 66. Southeast Asia Trunking System Market Size 2024-2029 ($ Millions)
    Figure 67. India Trunking System Market Size 2024-2029 ($ Millions)
    Figure 68. Australia Trunking System Market Size 2024-2029 ($ Millions)
    Figure 69. Germany Trunking System Market Size 2024-2029 ($ Millions)
    Figure 70. France Trunking System Market Size 2024-2029 ($ Millions)
    Figure 71. UK Trunking System Market Size 2024-2029 ($ Millions)
    Figure 72. Italy Trunking System Market Size 2024-2029 ($ Millions)
    Figure 73. Russia Trunking System Market Size 2024-2029 ($ Millions)
    Figure 74. Spain Trunking System Market Size 2024-2029 ($ Millions)
    Figure 75. Egypt Trunking System Market Size 2024-2029 ($ Millions)
    Figure 76. South Africa Trunking System Market Size 2024-2029 ($ Millions)
    Figure 77. Israel Trunking System Market Size 2024-2029 ($ Millions)
    Figure 78. Turkey Trunking System Market Size 2024-2029 ($ Millions)
    Figure 79. GCC Countries Trunking System Market Size 2024-2029 ($ Millions)
    Figure 80. Global Trunking System Market Size Market Share Forecast by Type (2024-2029)
    Figure 81. Global Trunking System Market Size Market Share Forecast by Application (2024-2029)

Philips Lighting Holding
GE lighting
Havells Sylvania (Shanghai Feilo Acoustics)
Siteco Beleuchtungstechnik GmbH (OSRAM)
Zumtobel Group
TRILUX Group Management GmbH
Aura Light International
Luxon LED
Thorlux Lighting (F.W. Thorpe Plc Group)

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape