All updated as on -
From 2023 to 2030, the worldwide architectural lighting market is projected to expand from a 2022 valuation of USD 8.99 billion at a CAGR (compound annual growth rate) of 8.7 percent.
The rising need for architectural lighting in a wide variety of building types, including single-family homes, multi-family dwellings, shopping centers, office buildings, hotels, public buildings, and industrial lofts, has contributed to the expansion of the market. In addition, sensors that regulate lighting use and cut costs are widely compatible with architectural lighting. The market should expand as a result of rising demand for ornamental high-end lighting. Customers who are looking to improve the visual attractiveness of their homes or businesses often choose high-end decorative lighting.
The global market for architectural lighting is expected to expand at a rapid clip in the coming years. Modern architectural research has expanded beyond the initial concerns of space efficiency and planning to incorporate additional crucial factors like interior illumination, scalability, and aesthetics. This has been a major contributor to the growth of the architectural lighting industry around the world. Numerous design firms and architects stress the significance of good lighting in elevating a building's overall aesthetic quality. The use of low-light technology to add a rustic, homey feel to interiors has also increased. The worldwide architectural lighting industry is forecast to expand in the coming years on the back of a number of new lighting technologies.
This syndicated analysis elaborates on the growth trend and underlying market dynamics in the worldwide architectural lighting industry. The expansion of the market can be traced back to the architectural sector's reliance on lighting technologies. Market growth can also be attributed to the emphasis on aesthetics and space improvement. There has been a rise in the installation of architectural lighting in homes, businesses, and factories in recent years. This trend is significant since it has the potential to affect the market's future expansion.
Increasing urbanization, expanding infrastructural expansions, and a rising emphasis on energy-efficient lighting solutions have all contributed to the worldwide architectural lighting market's rapid expansion in recent years. Architectural lighting is essential for setting the mood and boosting the visual appeal of both indoor and outdoor areas. Lighting solutions that complement and highlight increasingly complex and inventive architectural designs are in high demand. Consumers' preferences are also a driving factor in the industry, and these consumers increasingly want flexible, dynamic lighting solutions with sophisticated management and automation.
The global architectural lighting market is expanding because of strict laws aimed at lowering energy consumption, which have driven a shift toward sustainable lighting solutions. The market is anticipated to continue its upward trend as manufacturers engage heavily in R&D to offer innovative products and as knowledge of the advantages of architectural lighting spreads.
Reduced energy use and improved heat dissipation are two more ways that smart lighting systems help advance sustainability and social justice initiatives. In order to attract new business clients and raise brand awareness, market players are pouring significant resources into research and development of cutting-edge architectural lighting based on the most recent technology. In May 2023, for instance, Lumary introduced the Smart UFO LED High Bay Light, which could be managed via the Lumary App and by voice commands using Google Assistant or Amazon's Alexa. The Smart UFO LED High Bay Light by Lumary is a 150W fixture that features color- and temperature-tunable, high-efficiency LED chips with a lumen output of 145Lm/W. When used to illuminate a standard warehouse for one hour, the light can save as much energy as 300W HPS lamps would have. Market participants' efforts to introduce cutting-edge smart architectural lighting augur well for the industry's future expansion.
Many architects now pay special attention to the incorporation of natural light into their designs. This practice is now widely accepted in places of business and other establishments with an emphasis on environmentally friendly practices. Glass ceilings and walls that let in natural light are another innovation made possible by green architectural studies. Numerous recent innovations in lighting use sustainable materials and energy sources. This is another major development that has stimulated demand in the architectural lighting industry worldwide. There may be several novel offerings in the architectural lighting sector throughout the coming decade.
Report Coverage
Global Architectural Lighting research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Architectural Lighting report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Architectural Lighting competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Architectural Lighting market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Architectural Lighting market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Architectural Lighting market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Acuity Brands Lighting Inc. (US), IDEAL INDUSTRIES INC. (US), Hubbell (US), Delta Light (Belgium), GE Current (US), Daintree Company (US), Technical Consumer Products, Inc. (US), Siteco GmbH (Germany), Signify Holdings (Netherlands), Zumtobel Group AG (Austria), OSRAM GmbH (Germany), Cree Lighting (US), Seoul Semiconductor Co., Ltd. (South Korea), Samsung (South Korea), Griven S.r.l. (Italy), ERCO GmbH (Germany), Fagerhult Group (Sweden), Lithonia Lighting (US), Thorn Lighting (UK), Aurora Lighting (UK).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Architectural Lighting market based on the below-mentioned segments:
Global Architectural Lighting Market, By Component
Lamp Holders
Ballasts
Lamps
Lenses/Shades
Trims
Wiring
Reflectors
Others
Global Architectural Lighting market, By Application
Indoor
Outdoor
Global Architectural Lighting Market, By End User
Commercial
Residential
Industrial
Others
Global Architectural Lighting market, Regional Analysis
The rising need for architectural lighting in a wide variety of building types, including single-family homes, multi-family dwellings, shopping centers, office buildings, hotels, public buildings, and industrial lofts, has contributed to the expansion of the market. In addition, sensors that regulate lighting use and cut costs are widely compatible with architectural lighting. The market should expand as a result of rising demand for ornamental high-end lighting. Customers who are looking to improve the visual attractiveness of their homes or businesses often choose high-end decorative lighting.
The global market for architectural lighting is expected to expand at a rapid clip in the coming years. Modern architectural research has expanded beyond the initial concerns of space efficiency and planning to incorporate additional crucial factors like interior illumination, scalability, and aesthetics. This has been a major contributor to the growth of the architectural lighting industry around the world. Numerous design firms and architects stress the significance of good lighting in elevating a building's overall aesthetic quality. The use of low-light technology to add a rustic, homey feel to interiors has also increased. The worldwide architectural lighting industry is forecast to expand in the coming years on the back of a number of new lighting technologies.
This syndicated analysis elaborates on the growth trend and underlying market dynamics in the worldwide architectural lighting industry. The expansion of the market can be traced back to the architectural sector's reliance on lighting technologies. Market growth can also be attributed to the emphasis on aesthetics and space improvement. There has been a rise in the installation of architectural lighting in homes, businesses, and factories in recent years. This trend is significant since it has the potential to affect the market's future expansion.
Increasing urbanization, expanding infrastructural expansions, and a rising emphasis on energy-efficient lighting solutions have all contributed to the worldwide architectural lighting market's rapid expansion in recent years. Architectural lighting is essential for setting the mood and boosting the visual appeal of both indoor and outdoor areas. Lighting solutions that complement and highlight increasingly complex and inventive architectural designs are in high demand. Consumers' preferences are also a driving factor in the industry, and these consumers increasingly want flexible, dynamic lighting solutions with sophisticated management and automation.
The global architectural lighting market is expanding because of strict laws aimed at lowering energy consumption, which have driven a shift toward sustainable lighting solutions. The market is anticipated to continue its upward trend as manufacturers engage heavily in R&D to offer innovative products and as knowledge of the advantages of architectural lighting spreads.
Reduced energy use and improved heat dissipation are two more ways that smart lighting systems help advance sustainability and social justice initiatives. In order to attract new business clients and raise brand awareness, market players are pouring significant resources into research and development of cutting-edge architectural lighting based on the most recent technology. In May 2023, for instance, Lumary introduced the Smart UFO LED High Bay Light, which could be managed via the Lumary App and by voice commands using Google Assistant or Amazon's Alexa. The Smart UFO LED High Bay Light by Lumary is a 150W fixture that features color- and temperature-tunable, high-efficiency LED chips with a lumen output of 145Lm/W. When used to illuminate a standard warehouse for one hour, the light can save as much energy as 300W HPS lamps would have. Market participants' efforts to introduce cutting-edge smart architectural lighting augur well for the industry's future expansion.
Many architects now pay special attention to the incorporation of natural light into their designs. This practice is now widely accepted in places of business and other establishments with an emphasis on environmentally friendly practices. Glass ceilings and walls that let in natural light are another innovation made possible by green architectural studies. Numerous recent innovations in lighting use sustainable materials and energy sources. This is another major development that has stimulated demand in the architectural lighting industry worldwide. There may be several novel offerings in the architectural lighting sector throughout the coming decade.
Report Coverage
Global Architectural Lighting research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Architectural Lighting report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Architectural Lighting competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Architectural Lighting market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Acuity Brands Lighting Inc. (US), IDEAL INDUSTRIES INC. (US), Hubbell (US), Delta Light (Belgium), GE Current (US), Daintree Company (US), Technical Consumer Products, Inc. (US), Siteco GmbH (Germany), Signify Holdings (Netherlands), Zumtobel Group AG (Austria), OSRAM GmbH (Germany), Cree Lighting (US), Seoul Semiconductor Co., Ltd. (South Korea), Samsung (South Korea), Griven S.r.l. (Italy), ERCO GmbH (Germany), Fagerhult Group (Sweden), Lithonia Lighting (US), Thorn Lighting (UK), Aurora Lighting (UK). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Architectural Lighting Market from 2021 to 2030.
- Market Forecast for Architectural Lighting Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Architectural Lighting competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Architectural Lighting
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Architectural Lighting market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Architectural Lighting market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Acuity Brands Lighting Inc. (US), IDEAL INDUSTRIES INC. (US), Hubbell (US), Delta Light (Belgium), GE Current (US), Daintree Company (US), Technical Consumer Products, Inc. (US), Siteco GmbH (Germany), Signify Holdings (Netherlands), Zumtobel Group AG (Austria), OSRAM GmbH (Germany), Cree Lighting (US), Seoul Semiconductor Co., Ltd. (South Korea), Samsung (South Korea), Griven S.r.l. (Italy), ERCO GmbH (Germany), Fagerhult Group (Sweden), Lithonia Lighting (US), Thorn Lighting (UK), Aurora Lighting (UK).
Primary Target Market
- Market Players of Architectural Lighting
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Architectural Lighting market based on the below-mentioned segments:
Global Architectural Lighting Market, By Component
Lamp Holders
Ballasts
Lamps
Lenses/Shades
Trims
Wiring
Reflectors
Others
Global Architectural Lighting market, By Application
Indoor
Outdoor
Global Architectural Lighting Market, By End User
Commercial
Residential
Industrial
Others
Global Architectural Lighting market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive architectural lighting market market research and competitor analysis for your business to help you develop more profound insights into the architectural lighting market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the architectural lighting market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.