openPR Logo
Press release

Global Architectural lighting Market 2024 - Industry Share, Growth Opportunities, Leading Companies And Outlook By 2033

06-11-2024 04:55 AM CET | Energy & Environment

Press release from: The Business research company

Global Architectural lighting Market

Global Architectural lighting Market

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Architectural lighting Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $12.41 billion In 2028 At A CAGR Of 8.1%.

The architectural lighting market size has grown strongly in recent years. It will grow from $8.39 billion in 2023 to $9.1 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to urbanization and infrastructure development, design and aesthetic trends, regulatory changes, cultural and social influences, advancements in control systems, market globalization..

The architectural lighting market size is expected to see strong growth in the next few years. It will grow to $12.41 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to emergence of new applications, integration of human-centric lighting, demand for customization and personalization, urban development projects, smart city initiatives.. Major trends in the forecast period include human-centric lighting design, adoption of smart and connected lighting, focus on sustainability, shift towards dynamic and interactive lighting, artistic and design-driven innovation..

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=9392&type=smp

Architectural lighting Market Major Segments
The architectural lighting market covered in this report is segmented -

1) By Type: Incandescent Lights, Fluorescent Lights, High Intensity Discharge (HID) Lights, Light Emitting Diode (LED) Lights, Other Types
2) By Lighting Type: Ambient, Task, Accent
3) By Application: Wall Wash, Cove Lighting, Backlighting, Other Applications
4) By End-User: Residential, Commercial, Other End-Users

Key Driver - Surge In Architectural Lighting Anticipated As Demand Grows For Energy-Efficient Solutions

Increasing demand for energy-efficient lighting solutions is expected to propel the growth of architectural lighting going forward. Energy-efficient lighting is a luminaire that reduces power expenditures and carbon dioxide emissions while maintaining light quality in use. Energy-efficient lighting solutions utilize less energy to create the same amount of light as traditional lighting solutions while having a longer lifespan. Additionally, the growing use of LED lighting solutions has increased the demand for energy-efficient lighting solutions. For instance, in September 2022, according to a report published by the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, LED lighting accounted for 48% of global lighting sales in 2021 and is expected to climb to 99% of total sales by 2030. Furthermore, LED lighting efficiency was 111 lumens per watt in 2021 and is expected to rise to 142 lumens per watt by 2030. Therefore, the increasing demand for energy-efficient lighting solutions will drive the architectural lighting market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=9392&type=smp

Prominent Trend - Innovative Symphony Area Light For Elevating Architectural Lighting Standards

Product innovations are a key trend in gaining popularity in the architectural lighting market. Major companies operating in the architectural lighting market are focused on developing innovative solutions to strengthen their position in the market. For instance, in November 2022, SloanLED Co., a US-based lighting product manufacturer and developer, announced the release of Symphony Area Light, a dynamic addition to the Symphony Series of architectural lighting fixtures. The product integrates perfectly with the architectural landscape while providing superior performance and uniformity enabling larger pole spacing and lower power density. This device is unique for its ability to deliver up to 50,000 lumens and 171 lm/W, as well as an IP66-rated fixture with autonomous motion and daylight controls.

Architectural lighting Market Players
Major companies operating in the architectural lighting market report are Acuity Brands Lighting Inc., Siteco Beleuchtungstechnik GmbH, Signify Holdings BV, OSRAM GmbH, Cree Inc., Altera Digital Health, Netsmart Technologies Inc., Athenahealth plc, Allscripts Healthcare LLC, Jag products LLC, Optum Inc., Change Healthcare LLC, Koninklijke Philips N V, Meta Platforms Inc., Elinext Group, AdvancedMD Inc., NXGN Management LLC, Kareo Inc., Bizmatics Inc., Greenway Health LLC, GroupOne Health Source, MedicalMine Inc., Connexin Networks Ltd., Kaaspro Enterprise, Duchang IT, GoodWill International, SAP SE, WRS Health, Louis Poulsen A/S, Targetti Sankey SpA, Reggiani Illuminazione SpA .

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/architectural-lighting-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the architectural lighting market in 2023. North America is expected to be the fastest-growing region in the architectural lighting market report during the forecast period. The regions covered in the architectural lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Architectural lighting Market Report Structure
3. Architectural lighting Market Trends And Strategies
4. Architectural lighting Market - Macro Economic Scenario
5. Architectural lighting Market Size And Growth
…..
27. Architectural lighting Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Architectural lighting Market 2024 - Industry Share, Growth Opportunities, Leading Companies And Outlook By 2033 here

News-ID: 3533377 • Views:

More Releases from The Business research company

Hair Transplant Market Growth Statistics, Regional Analysis, Top Players, Size, And Forecast To 2033
Hair Transplant Market Growth Statistics, Regional Analysis, Top Players, Size, …
The new report published by The Business Research Company, titled ""Hair Transplant Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=10249&type=smp Rising Demand For Hair Transplants Is A Comprehensive Analysis Of The Growing Hair Restoration Market The increasing number
Geocells Market Size, Share, Trend Analysis, Segmentation And Forecast To 2033
Geocells Market Size, Share, Trend Analysis, Segmentation And Forecast To 2033
The new report published by The Business Research Company, titled ""Geocells Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=10168&type=smp Construction Boom Ignites Geocells Market Growth With The Impact Of Surging Construction Projects The growing construction projects is expected
Food Diagnostics Market Size, Product Trends, Key Drivers, Share Analysis And Forecast To 2033
Food Diagnostics Market Size, Product Trends, Key Drivers, Share Analysis And Fo …
The new report published by The Business Research Company, titled ""Food Diagnostics Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=10266&type=smp Rising Concerns Over Food Adulteration Is A Catalyst For The Surging Growth Of The Food Diagnostics Market The
Fertilizing And Plant Protection Equipment Market Key Players, Market Analysis, Share, Trends And Forecast To 2033
Fertilizing And Plant Protection Equipment Market Key Players, Market Analysis, …
The new report published by The Business Research Company, titled ""Fertilizing And Plant Protection Equipment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends. Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=10473&type=smp Rising Global Food Consumption And Population Growth Fueling The Demand For Fertilizing And Plant

All 5 Releases


More Releases for Architectural

Architectural Hardware Market
According to a new report published by Allied Market Research, titled, " Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Architectural hardware is a type of hardware that includes doors, windows,
Architectural Guide Moon
Mankind first reached the moon on July 21, 1969. This celestial body had always been a place of longing for earth's inhabitants but this date really set things in motion. Luna, Ranger and Apollo - these and all of the other missions that followed contributed to the fact that we can now seriously consider settling on the moon - and in a manner that is quite different from the
Architectural Guide Monterrey
Monterrey is known as ‘the city of the mountains’, in reference to its privileged location at the foothills of the Sierra Madre. The city, founded in the north-east of Mexico in 1596, remained dormant until the turn of the 20th century, when it went through a period of rapid industrial growth that transformed it into a prosperous city. Today, Monterrey is an important metropolis brimming with culture, education, and business. In
Architectural Guide Minsk
Minsk, founded in 1067, was a small, inconspicuous town lost in the backwoods of Eastern Europe for many centuries. Ironically, it was the devastation caused by the Second World War that drove the Soviet authorities to transform Minsk into a major city of true importance. The post-war development turned Minsk into one of the world’s fastest growing cities in the 1960s and 1970s and also left behind bright, visible traces
Architectural Coating Market
Architectural coatings are paints and coatings used to coat buildings and homes. These coatings are used primarily in stationary structures and decorative interiors such as curbs, pavements, lawns, fields, wooden floors, furniture, paintings, and sculptures. Paints and coatings are not used merely for decorative purposes; they also help protect environment and enhance the functionality and durability of the materials used in making coatings. Architectural coatings include paints, sealers, and specialty coatings.
Architectural Guide Aarhus
Aarhus may be only the second biggest and second oldest city in Denmark, but this 330,000 inhabitant city in Jutland is home to country's oldest university. Many who have studied there end up staying – there must be a reason. It is worth taking a closer look at this city that lays in the shadow of Copenhagen – especially now, since it is the 2017 European Capital of Culture. In addition