Commercial Fluorescent Lighting

Transparency Market Research
Demand for Commercial Fluorescent
Lighting in Latin America Surges Thanks
to Major Sporting Events
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The fluorescent lamps were invented by an American inventor Inman in 1938, since then fluorescent lights have
undergone technological developments and have been structured in tandem with advancements in human lifestyles.
Commercial fluorescent lamps are characterized by gas discharge, which uses electricity to excite low pressurized
mercury vapor and other inert gases such as neon or argon, and krypton thereby stimulating phosphor material
coated on the inner side of the tube to emit visible white light.
Read More About the Market of Fluorescent Lighting in Latin America @
http://www.transparencymarketresearch.com/commercial-fluorescent-lighting-market.html
The commercial fluorescent lighting market in Latin America is still in its nascent stage, providing endless
opportunities for players to capitalize on. Cooper Lighting, Acuity Brands, GE Lighting, Osram Sylvania, and Philips
Lighting are some of the leading companies presently operating in the Latin America commercial fluorescent lighting
market.
Since the sale of the first “fluorescent lumiline lamps” in 1938, when four distinct sizes of tubes were put on the
market, commercial fluorescent lighting systems have come a long way. By 1951, it was said that more light was
generated in the U.S. with the help of fluorescent lamps than by incandescent lights. Changing lifestyle of the urban
world and technological developments have made fluorescent lighting a crowd favorite, stimulating the market in
Latin America as well.
The commercial fluorescent lighting market in Latin America has witnessed significant growth over recent years
thanks to the rapid pace of industrialization in the region. Lower initial cost of fluorescent lighting, improved lifespan
of the products, lower maintenance expense, and improved lumen efficacy have helped boost the popularity of
commercial fluorescent lighting. In addition, infrastructural development for the FIFA World Cup held in Brazil in 2014
and the upcoming 2016 Olympic Games to be hosted by Rio de Janeiro have contributed to the growth of the
commercial fluorescent lighting market in Latin America.
The major countries that fall under the Latin America commercial fluorescent lighting market are Cuba, Panama,
Brazil, Costa Rica, Argentina, Jamaica, and the Dominican Republic. Given the large-scale deployment of energyefficient lighting systems in Mexico and Brazil, these two countries have been identified as the leading commercial
fluorescent lighting markets in Latin America. The market in Cuba is driven by growing population, rise in GDP, and
surge in electricity consumption. Panama, on the other hand, is anticipated to register strong growth by 2017 thanks
to favorable policies related to tourist development, growing population, and establishment of numerous industries.
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Commercial fluorescent lighting has slowly but surely phased out incandescent lights in most parts of the globe. Their safe, economical, and environmentally-friendly nature, backed by low maintenance cost and higher lumen efficacy, has made them the lighting of choice in many industrialized sectors. The Latin America commercial fluorescent lighting market is projected to rise from US$212.3 mn in 2011 to US$531.2 mn by 2017.