Press release
Ambient Lighting Market Growing adoption of Smart Lighting with Highest CAGR of 11.1% by Top Vendors (Osram, General Electric, Philips Lighting Holding B.V., Cree Inc., Eaton Corporation, Zumtobel Group)
The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.Ambient Lighting Market report focuses on the Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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The global ambient lighting market accounted for USD 45.5 billion in 2016 growing at a CAGR of 11.1% during the forecast period of 2017 to 2024.
Ambient lighting is interior lighting system used to illuminate the application area with comfortable level of brightness without glare. The key market drivers include rising need for energy-efficient lighting systems, increasing adoption of smart lighting, and growing awareness about energy conservation.
Industry Segmentation:
• On the basis of offering: hardware, software and services. The hardware segment is further sub-segmented into lamps and luminaires, lighting controls.
• On the basis of Type: surface mounted lights, suspended lights, track lights, strip lights, recessed lights
• On the basis of end-users: residential, hospitality and retail, healthcare, industrial, office building, automotive
• On the basis of geography, global ambient lighting market report covers data points for 28 countries across multiple geographies such as
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Global ambient lighting market focuses on some of the major players:
• Philips Lighting Holding B.V.,
• Osram Licht AG,
• General Electric,
• Eaton Corporation PLC,
• Cree, Inc.,
• Zumtobel Group,
• Wipro Consumer Care and Lighting Ltd,
• Häfele GmbH & Co Kg,
• Acuity Brands, Inc.,
• Hubbell Incorporated,
• Acolyte LED,
• Amerlux,LLC,
• Ambient Lighting Inc.,
• Luxtra Lighting,
• 3g Lighting,
• Nicor Lighting and
• Among Others.
What this Research Study Offers:
1. Global Ambient Lighting Market share assessments for the regional and country level segments
2. Global Ambient Lighting Market share analysis of the top industry players
3. Strategic recommendations for the new entrants in Global Ambient Lighting market.
4. Global Ambient Lighting Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional.
5. Global Ambient Lighting Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
6. Strategic recommendations in key business segments based on the Global Ambient Lighting market estimations
7. Competitive landscaping mapping the key common trends
8. Company profiling with detailed strategies, financials, and recent developments
9. Supply chain trends mapping the latest technological advancements
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