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Ceiling Tile Lighting Market: Applications and Global Markets

03-06-2018 01:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Ceiling Tile Lighting Market: Applications and Global Markets

Ceiling tiles lighting are modern-day lighting solutions that offer an alternative to conventional fluorescent and incandescent lighting systems. Ceiling tile lighting is usually equipped with LED grid panels, which makes it compact and more efficient. The rising demand for decorative yet lucrative lighting systems is the primary trend leading to the adoption of ceiling tile lighting systems.

The ceiling tile lighting market is segmented on the basis of panel type, installation type and applications. On the basis of panel type, the ceiling tile lighting market is classified into translucent, frosted, and clear panels. Translucent ceiling tiles offer 31.6% transmittance, frosted tiles offer 76.8% transmittance, and clear panels offer 87.7% of transmittance.

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Translucent and frosted ceiling panels are considered for decorative lighting in architectural and hospitality lighting, while, clear panels are used in residential and commercial applications. The changing consumer demand and increasing penetration of LED lighting among various applications is encouraging manufacturers to offer wide range of installations for ceiling tile lighting.

On the basis of installation type, ceiling tile market is segmented into suspension, trim & transition, building perimeter and drywall grid systems. As stated earlier, LEDs in the recent past have evolved across various end-use applications. Thus, in terms of applications, the ceiling tile lighting market segmented into architectural, healthcare, airports, corporate campuses, convenience stores, residential, restaurant and hospitality, retail and grocery, schools and universities and others (museums and amusement parks, cold storage facilities).

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Energy efficient, small carbon footprint, high luminance and reduced CO2 emissions are the primary growth drivers of ceiling tile lighting market. This is attributed to use of LED lights in ceiling tile systems. Additionally, made-to-measure sizes of ceiling panels provided by the manufacturers, make this lighting solution suitable for wide areas of applications.

Furthermore, the high product lifecycle and low maintenance cost of ceiling tiles lighting are likely to fuel its growth throughout the forecast period. However, the high set-up cost is anticipated to restrain the market growth for ceiling tiles. Large scale development of multicolored ceiling tiles to improve ambience effect and penetration of ceiling tiles in countries with high-scale infrastructure development such as China, India, Brazil, UAE, and Saudi Arabia is expected to propel the growth of ceiling tile lighting market in near term.

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Residential and commercial applications are expected to hold significant market share of ceiling tile lighting market. This is attributed to improved adoption of LED lighting in residential applications and need of energy efficient solutions in commercial businesses. Although, with trending adoption of decorative lighting in applications such as architectural building, airport and hospitality, ceiling tile lighting are expected to witness superior growth in aforementioned applications.

Moreover, clear ceiling tile lighting panels are expected to hold majority of market share, due to its high transmittance and suitable for most of the indoor lighting applications. On a global scale, North America region, is expected to hold significant adoption of ceiling tile lighting market. The earlier adoption of LED lighting and cognizance of energy efficient solutions are the key factors resulting in the growth of ceiling tile lighting in the region.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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