Press release
Architectural Lighting Market expected to grow at a CAGR 6.10 percent during the forecast period to reach USD14.57 Bn by 2029
Architectural Lighting Market
Architectural Lighting Market Scope and Research Methodology
The Architectural Lighting Market report covers various aspects related to the market, including market size, growth potential, trends, challenges, and opportunities. The Architectural Lighting Market report provides a comprehensive analysis of the market through segmentation by light type, application area and end-user. The Architectural Lighting Market includes a detailed study of the competitive landscape, market dynamics, and key players operating in the market. The Architectural Lighting Market report offers insights into the current market trends and future growth prospects of the market along with the factors driving market growth and the challenges faced by industry players. The bottom-up approach is used to estimate the size of the Architectural Lighting Market by value and volume. Primary and secondary research methods were used to collect Market data. Collected data is further analysed by SWOT and PESTLE analysis which provides political, economic, environmental, social, technological and legal aspects of the market.
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Architectural Lighting Market Dynamics
Architectural lighting is a specialized type of lighting that enhances the aesthetic appeal of buildings and landscapes while also providing functional illumination. The architectural lighting market is expected to grow rapidly in the coming years, driven by several factors. One of the main growth drivers is the increasing demand for energy-efficient lighting solutions, which can help reduce energy costs and carbon emissions. Additionally, the growing focus on smart cities and smart buildings is also driving the demand for architectural lighting solutions that can be controlled remotely and integrated with other building systems. Since the increased emission of infrared light, UV radiation and the short lifespan of lamps are expected to hinder the Architectural Lighting Market growth.
Architectural Lighting Market Regional Insights
Asia Pacific held the largest share of the Architectural Lighting Market and is expected to dominate the market throughout the forecast period at a higher CAGR. The infrastructure development in commercial buildings, public spaces and high-end residential complexes in the region driving the Asia Pacific Architectural Lighting Market. Additionally, it is driven by rising disposable income and availability of economically priced architectural lights.
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Architectural Lighting Market Segmentation
By Light Type:
Light-Emitting Diode (LED)
High-Intensity Discharge (HID)
Others
By Application Area:
Indoor
Outdoor
By End-User:
Residential
Commercial
Architectural Lighting Market Key Players Include:
Acuity Brands Lighting Inc.
IDEAL INDUSTRIES INC.
Hubbell
Delta Light
GE Current
Daintree company
Technical Consumer Products; Inc.
Siteco GmbH
Signify Holdings
Zumtobel Group AG
OSRAM GmbH
Cree Lighting
Acuity Brands Lighting Inc.
Seoul Semiconductor Co., Ltd.
Samsung
Griven S.r.l.
Other Key Players
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Table of Content for Global Architectural Lighting Market:
Global Architectural Lighting Market: Research Methodology
Global Architectural Lighting Market : Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Architectural Lighting Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Architectural Lighting Market Segmentation
Global Market, by Light Type (2021-2029)
Global Market, by Application Area (2021-2029)
Global Market, by End User (2021-2029)
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Regional Architectural Lighting Market (2021-2029)
Regional Market, by Light Type (2021-2029)
Regional Market, by Application Area (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Light Type, Application Area and End-User
Competitive Landscape - Profiles of selected key players by region in strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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