Downlight Chandeliers Market

Global Downlight Chandeliers Market Research Report 2021 Professional Edition


Date: Mar-2021 | Id: MACRC-12170 | Geographical Scope: Global | Publisher: HNY Research

The research team projects that the Downlight Chandeliers market size will grow from XXX in 2020 to XXX by 2027, at an estimated CAGR of XX. The base year considered for the study is 2020, and the market size is projected from 2020 to 2027.

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing with 10 major regions and 50 major countries. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

By Market Players:
James R. Moder
Kichler Lighting
DE MAJO Iiluminazione
Wilkinson
Kenroy Home
Feiss
Gemini Cut Glass Company
Kurt Faustig
Pataviumart
American Brass and Crystal
Savoy House lighting
Wranovsky
Dolan Designs
Elegant Lighting
Myran Allan Chandelier
Kamable Lighting
Versailles Lamps
Kaiyan Lighting
East Lighting
WENHANG LANTERN-ORNAMENT
Lumax
Qilang Lighting
Diamond Life Group
Senqiu Lighting
Fusida lighting
HUAYI LIGHTING
Jiangmen Jimmy Lighting
Zhongshan Pacific Lamps
Liaosion Lighting
Xing Nan Lighting

By Type
Ordinary
Luxury

By Application
Commercial
Home

By Regions/Countries:
North America
United States
Canada
Mexico

East Asia
China
Japan
South Korea

Europe
Germany
United Kingdom
France
Italy
Russia
Spain
Netherlands
Switzerland
Poland

South Asia
India
Pakistan
Bangladesh

Southeast Asia
Indonesia
Thailand
Singapore
Malaysia
Philippines
Vietnam
Myanmar

Middle East
Turkey
Saudi Arabia
Iran
United Arab Emirates
Israel
Iraq
Qatar
Kuwait
Oman

Africa
Nigeria
South Africa
Egypt
Algeria
Morocoo

Oceania
Australia
New Zealand

South America
Brazil
Argentina
Colombia
Chile
Venezuela
Peru
Puerto Rico
Ecuador

Rest of the World
Kazakhstan

Points Covered in The Report
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global  market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.

The report focuses on Global, Top 10 Regions and Top 50 Countries Market Size of Downlight Chandeliers 2016-2021, and development forecast 2022-2027 including industries, major players/suppliers worldwide and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications which will provide its price and profit status, and marketing status & market growth drivers and challenges, with base year as 2020.

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2021 & Sales by Product Types.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2022-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Market Analysis by Product Type: The report covers majority Product Types in the Downlight Chandeliers Industry, including its product specifcations by each key player, volume, sales by Volume and Value (M USD).
Markat Analysis by Application Type: Based on the Downlight Chandeliers Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and <b>Drivers:</b> Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Downlight Chandeliers market in 2021. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Downlight Chandeliers Revenue 1.4 Market Analysis by Type 1.4.1 Global Downlight Chandeliers Market Size Growth Rate by Type: 2021 VS 2027 1.4.2 Ordinary 1.4.3 Luxury 1.5 Market by Application 1.5.1 Global Downlight Chandeliers Market Share by Application: 2022-2027 1.5.2 Commercial 1.5.3 Home 1.6 Study Objectives 1.7 Years Considered 1.8 Overview of Global Downlight Chandeliers Market 1.8.1 Global Downlight Chandeliers Market Status and Outlook (2016-2027) 1.8.2 North America 1.8.3 East Asia 1.8.4 Europe 1.8.5 South Asia 1.8.6 Southeast Asia 1.8.7 Middle East 1.8.8 Africa 1.8.9 Oceania 1.8.10 South America 1.8.11 Rest of the World 2 Market Competition by Manufacturers 2.1 Global Downlight Chandeliers Production Capacity Market Share by Manufacturers (2016-2021) 2.2 Global Downlight Chandeliers Revenue Market Share by Manufacturers (2016-2021) 2.3 Global Downlight Chandeliers Average Price by Manufacturers (2016-2021) 2.4 Manufacturers Downlight Chandeliers Production Sites, Area Served, Product Type 3 Sales by Region 3.1 Global Downlight Chandeliers Sales Volume Market Share by Region (2016-2021) 3.2 Global Downlight Chandeliers Sales Revenue Market Share by Region (2016-2021) 3.3 North America Downlight Chandeliers Sales Volume 3.3.1 North America Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.3.2 North America Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.4 East Asia Downlight Chandeliers Sales Volume 3.4.1 East Asia Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.4.2 East Asia Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.5 Europe Downlight Chandeliers Sales Volume (2016-2021) 3.5.1 Europe Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.5.2 Europe Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.6 South Asia Downlight Chandeliers Sales Volume (2016-2021) 3.6.1 South Asia Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.6.2 South Asia Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.7 Southeast Asia Downlight Chandeliers Sales Volume (2016-2021) 3.7.1 Southeast Asia Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.7.2 Southeast Asia Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.8 Middle East Downlight Chandeliers Sales Volume (2016-2021) 3.8.1 Middle East Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.8.2 Middle East Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.9 Africa Downlight Chandeliers Sales Volume (2016-2021) 3.9.1 Africa Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.9.2 Africa Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.10 Oceania Downlight Chandeliers Sales Volume (2016-2021) 3.10.1 Oceania Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.10.2 Oceania Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.11 South America Downlight Chandeliers Sales Volume (2016-2021) 3.11.1 South America Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.11.2 South America Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 3.12 Rest of the World Downlight Chandeliers Sales Volume (2016-2021) 3.12.1 Rest of the World Downlight Chandeliers Sales Volume Growth Rate (2016-2021) 3.12.2 Rest of the World Downlight Chandeliers Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021) 4 North America 4.1 North America Downlight Chandeliers Consumption by Countries 4.2 United States 4.3 Canada 4.4 Mexico 5 East Asia 5.1 East Asia Downlight Chandeliers Consumption by Countries 5.2 China 5.3 Japan 5.4 South Korea 6 Europe 6.1 Europe Downlight Chandeliers Consumption by Countries 6.2 Germany 6.3 United Kingdom 6.4 France 6.5 Italy 6.6 Russia 6.7 Spain 6.8 Netherlands 6.9 Switzerland 6.10 Poland 7 South Asia 7.1 South Asia Downlight Chandeliers Consumption by Countries 7.2 India 7.3 Pakistan 7.4 Bangladesh 8 Southeast Asia 8.1 Southeast Asia Downlight Chandeliers Consumption by Countries 8.2 Indonesia 8.3 Thailand 8.4 Singapore 8.5 Malaysia 8.6 Philippines 8.7 Vietnam 8.8 Myanmar 9 Middle East 9.1 Middle East Downlight Chandeliers Consumption by Countries 9.2 Turkey 9.3 Saudi Arabia 9.4 Iran 9.5 United Arab Emirates 9.6 Israel 9.7 Iraq 9.8 Qatar 9.9 Kuwait 9.10 Oman 10 Africa 10.1 Africa Downlight Chandeliers Consumption by Countries 10.2 Nigeria 10.3 South Africa 10.4 Egypt 10.5 Algeria 10.6 Morocco 11 Oceania 11.1 Oceania Downlight Chandeliers Consumption by Countries 11.2 Australia 11.3 New Zealand 12 South America 12.1 South America Downlight Chandeliers Consumption by Countries 12.2 Brazil 12.3 Argentina 12.4 Columbia 12.5 Chile 12.6 Venezuela 12.7 Peru 12.8 Puerto Rico 12.9 Ecuador 13 Rest of the World 13.1 Rest of the World Downlight Chandeliers Consumption by Countries 13.2 Kazakhstan 14 Sales Volume, Sales Revenue, Sales Price Trend by Type 14.1 Global Downlight Chandeliers Sales Volume Market Share by Type (2016-2021) 14.2 Global Downlight Chandeliers Sales Revenue Market Share by Type (2016-2021) 14.3 Global Downlight Chandeliers Sales Price by Type (2016-2021) 15 Consumption Analysis by Application 15.1 Global Downlight Chandeliers Consumption Volume by Application (2016-2021) 15.2 Global Downlight Chandeliers Consumption Value by Application (2016-2021) 16 Company Profiles and Key Figures in Downlight Chandeliers Business 16.1 James R. Moder 16.1.1 James R. Moder Company Profile 16.1.2 James R. Moder Downlight Chandeliers Product Specification 16.1.3 James R. Moder Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.2 Kichler Lighting 16.2.1 Kichler Lighting Company Profile 16.2.2 Kichler Lighting Downlight Chandeliers Product Specification 16.2.3 Kichler Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.3 DE MAJO Iiluminazione 16.3.1 DE MAJO Iiluminazione Company Profile 16.3.2 DE MAJO Iiluminazione Downlight Chandeliers Product Specification 16.3.3 DE MAJO Iiluminazione Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.4 Wilkinson 16.4.1 Wilkinson Company Profile 16.4.2 Wilkinson Downlight Chandeliers Product Specification 16.4.3 Wilkinson Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.5 Kenroy Home 16.5.1 Kenroy Home Company Profile 16.5.2 Kenroy Home Downlight Chandeliers Product Specification 16.5.3 Kenroy Home Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.6 Feiss 16.6.1 Feiss Company Profile 16.6.2 Feiss Downlight Chandeliers Product Specification 16.6.3 Feiss Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.7 Gemini Cut Glass Company 16.7.1 Gemini Cut Glass Company Company Profile 16.7.2 Gemini Cut Glass Company Downlight Chandeliers Product Specification 16.7.3 Gemini Cut Glass Company Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.8 Kurt Faustig 16.8.1 Kurt Faustig Company Profile 16.8.2 Kurt Faustig Downlight Chandeliers Product Specification 16.8.3 Kurt Faustig Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.9 Pataviumart 16.9.1 Pataviumart Company Profile 16.9.2 Pataviumart Downlight Chandeliers Product Specification 16.9.3 Pataviumart Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.10 American Brass and Crystal 16.10.1 American Brass and Crystal Company Profile 16.10.2 American Brass and Crystal Downlight Chandeliers Product Specification 16.10.3 American Brass and Crystal Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.11 Savoy House lighting 16.11.1 Savoy House lighting Company Profile 16.11.2 Savoy House lighting Downlight Chandeliers Product Specification 16.11.3 Savoy House lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.12 Wranovsky 16.12.1 Wranovsky Company Profile 16.12.2 Wranovsky Downlight Chandeliers Product Specification 16.12.3 Wranovsky Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.13 Dolan Designs 16.13.1 Dolan Designs Company Profile 16.13.2 Dolan Designs Downlight Chandeliers Product Specification 16.13.3 Dolan Designs Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.14 Elegant Lighting 16.14.1 Elegant Lighting Company Profile 16.14.2 Elegant Lighting Downlight Chandeliers Product Specification 16.14.3 Elegant Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.15 Myran Allan Chandelier 16.15.1 Myran Allan Chandelier Company Profile 16.15.2 Myran Allan Chandelier Downlight Chandeliers Product Specification 16.15.3 Myran Allan Chandelier Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.16 Kamable Lighting 16.16.1 Kamable Lighting Company Profile 16.16.2 Kamable Lighting Downlight Chandeliers Product Specification 16.16.3 Kamable Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.17 Versailles Lamps 16.17.1 Versailles Lamps Company Profile 16.17.2 Versailles Lamps Downlight Chandeliers Product Specification 16.17.3 Versailles Lamps Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.18 Kaiyan Lighting 16.18.1 Kaiyan Lighting Company Profile 16.18.2 Kaiyan Lighting Downlight Chandeliers Product Specification 16.18.3 Kaiyan Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.19 East Lighting 16.19.1 East Lighting Company Profile 16.19.2 East Lighting Downlight Chandeliers Product Specification 16.19.3 East Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.20 WENHANG LANTERN-ORNAMENT 16.20.1 WENHANG LANTERN-ORNAMENT Company Profile 16.20.2 WENHANG LANTERN-ORNAMENT Downlight Chandeliers Product Specification 16.20.3 WENHANG LANTERN-ORNAMENT Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.21 Lumax 16.21.1 Lumax Company Profile 16.21.2 Lumax Downlight Chandeliers Product Specification 16.21.3 Lumax Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.22 Qilang Lighting 16.22.1 Qilang Lighting Company Profile 16.22.2 Qilang Lighting Downlight Chandeliers Product Specification 16.22.3 Qilang Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.23 Diamond Life Group 16.23.1 Diamond Life Group Company Profile 16.23.2 Diamond Life Group Downlight Chandeliers Product Specification 16.23.3 Diamond Life Group Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.24 Senqiu Lighting 16.24.1 Senqiu Lighting Company Profile 16.24.2 Senqiu Lighting Downlight Chandeliers Product Specification 16.24.3 Senqiu Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.25 Fusida lighting 16.25.1 Fusida lighting Company Profile 16.25.2 Fusida lighting Downlight Chandeliers Product Specification 16.25.3 Fusida lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.26 HUAYI LIGHTING 16.26.1 HUAYI LIGHTING Company Profile 16.26.2 HUAYI LIGHTING Downlight Chandeliers Product Specification 16.26.3 HUAYI LIGHTING Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.27 Jiangmen Jimmy Lighting 16.27.1 Jiangmen Jimmy Lighting Company Profile 16.27.2 Jiangmen Jimmy Lighting Downlight Chandeliers Product Specification 16.27.3 Jiangmen Jimmy Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.28 Zhongshan Pacific Lamps 16.28.1 Zhongshan Pacific Lamps Company Profile 16.28.2 Zhongshan Pacific Lamps Downlight Chandeliers Product Specification 16.28.3 Zhongshan Pacific Lamps Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.29 Liaosion Lighting 16.29.1 Liaosion Lighting Company Profile 16.29.2 Liaosion Lighting Downlight Chandeliers Product Specification 16.29.3 Liaosion Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 16.30 Xing Nan Lighting 16.30.1 Xing Nan Lighting Company Profile 16.30.2 Xing Nan Lighting Downlight Chandeliers Product Specification 16.30.3 Xing Nan Lighting Downlight Chandeliers Production Capacity, Revenue, Price and Gross Margin (2016-2021) 17 Downlight Chandeliers Manufacturing Cost Analysis 17.1 Downlight Chandeliers Key Raw Materials Analysis 17.1.1 Key Raw Materials 17.2 Proportion of Manufacturing Cost Structure 17.3 Manufacturing Process Analysis of Downlight Chandeliers 17.4 Downlight Chandeliers Industrial Chain Analysis 18 Marketing Channel, Distributors and Customers 18.1 Marketing Channel 18.2 Downlight Chandeliers Distributors List 18.3 Downlight Chandeliers Customers 19 Market Dynamics 19.1 Market Trends 19.2 Opportunities and Drivers 19.3 Challenges 19.4 Porter's Five Forces Analysis 20 Production and Supply Forecast 20.1 Global Forecasted Production of Downlight Chandeliers (2022-2027) 20.2 Global Forecasted Revenue of Downlight Chandeliers (2022-2027) 20.3 Global Forecasted Price of Downlight Chandeliers (2016-2027) 20.4 Global Forecasted Production of Downlight Chandeliers by Region (2022-2027) 20.4.1 North America Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.2 East Asia Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.3 Europe Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.4 South Asia Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.5 Southeast Asia Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.6 Middle East Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.7 Africa Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.8 Oceania Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.9 South America Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.4.10 Rest of the World Downlight Chandeliers Production, Revenue Forecast (2022-2027) 20.5 Forecast by Type and by Application (2022-2027) 20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027) 20.5.2 Global Forecasted Consumption of Downlight Chandeliers by Application (2022-2027) 21 Consumption and Demand Forecast 21.1 North America Forecasted Consumption of Downlight Chandeliers by Country 21.2 East Asia Market Forecasted Consumption of Downlight Chandeliers by Country 21.3 Europe Market Forecasted Consumption of Downlight Chandeliers by Countriy 21.4 South Asia Forecasted Consumption of Downlight Chandeliers by Country 21.5 Southeast Asia Forecasted Consumption of Downlight Chandeliers by Country 21.6 Middle East Forecasted Consumption of Downlight Chandeliers by Country 21.7 Africa Forecasted Consumption of Downlight Chandeliers by Country 21.8 Oceania Forecasted Consumption of Downlight Chandeliers by Country 21.9 South America Forecasted Consumption of Downlight Chandeliers by Country 21.10 Rest of the world Forecasted Consumption of Downlight Chandeliers by Country 22 Research Findings and Conclusion 23 Methodology and Data Source 23.1 Methodology/Research Approach 23.1.1 Research Programs/Design 23.1.2 Market Size Estimation 23.1.3 Market Breakdown and Data Triangulation 23.2 Data Source 23.2.1 Secondary Sources 23.2.2 Primary Sources 23.3 Disclaimer

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