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Global Architectural Lighting Market Size, Segmentations, Top Key Players, Trends, & Forecast 2032

04-25-2023 10:01 AM CET | Industry, Real Estate & Construction

Press release from: Analytics Market Research

Global Architectural Lighting Market

Global Architectural Lighting Market

The global architectural lighting market is estimated to be worth USD 12.2 billion by 2027, with a compound yearly growth rate (CAGR) of 6.1% throughout the forecast period. The market is likely to be driven by the growing demand to ensure a well-lit environment with appealing lighting for accentuating interior artefacts and corners. Consumer preferences have shifted towards architectural lighting with features such as cost-effectiveness, affordability, dependability, changeable illumination power, and a longer lifespan. Furthermore, the need to illuminate rooms, staircases, walls, gardens, parking lots, walkways, hallways and other sections of the building is increasing the use of architectural lighting in the commercial and residential sectors.
Architectural lighting is a subfield of lighting design that focuses on using light to improve the aesthetic and functional features of buildings and other physical structures. Architectural lighting can be utilised to generate visually spectacular effects that highlight a building's design and character, as well as to offer utilitarian lighting that serves a specific purpose, such as illuminating walkways or emphasising signage.

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Segments
By Type
• Light-Emitting Diode (LED)
• High-Intensity Discharge (HID)
• Others
By Application
• Indoor
• Outdoor
By End-user
• Residential
• Commercial
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

Key Players:
• Signify (formerly Philips Lighting)
• Zumtobel Group
• Acuity Brands Lighting
• OSRAM
• Cree, Inc.
• Hubbell Incorporated
• GE Lighting
• Thorn Lighting
• Lutron Electronics Co., Inc.
• Fagerhult Group
• Trilux
• ERCO
• WAC Lighting
• Eaton Corporation
• Targetti Sankey S.p.A.
• Selux AG
• Louis Poulsen
• Glamox AS
• Delta Light
• Reggiani Illuminazione
• Others

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Regional Analysis:
North America: The North American market for architectural lighting is driven by factors such as energy efficiency, innovation, and sustainable design. The United States is the largest market for architectural lighting in North America, with a strong demand for LED lighting and advanced lighting control systems.
Europe: Europe is a major market for architectural lighting, with a strong focus on energy efficiency, sustainability, and design. Countries such as Germany and the Netherlands have been at the forefront of energy-efficient lighting solutions, with a growing demand for LED lighting and other advanced technologies.
Asia-Pacific: The Asia-Pacific region is a rapidly growing market for architectural lighting, driven by factors such as urbanization, economic growth, and technological innovation. China is the largest market for architectural lighting in the region, with a growing demand for energy-efficient lighting solutions.
Middle East and Africa: The Middle East and Africa region is a developing market for architectural lighting, with a growing demand for lighting solutions that are energy-efficient, sustainable, and durable. Countries such as the United Arab Emirates, Saudi Arabia, and South Africa are key markets for architectural lighting in the region.
Latin America: The Latin American market for architectural lighting is driven by factors such as urbanization, economic growth, and the demand for energy-efficient lighting solutions. Brazil and Mexico are the largest markets for architectural lighting in the region, with a growing demand for LED lighting and advanced lighting control systems.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Architectural Lighting market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Architectural Lighting would help in identifying future applications in this market.

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Contact US:
Analytics Market Research
99 WALL STREET, #2124 NEW YORK, NY 10005
Phone: +1(650)-666-4592
Email: sales@analyticsmarketresearch.com
website: https://analyticsmarketresearch.com/

About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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