The Architectural Lighting market is expected to grow from USD 8.15 million in 2020 to USD 12.99 million by 2028, at a CAGR of 6% during the forecast period 2021-2028.
Architectural Lighting can be defined as a combination of art and technology that enhances the experience and ambience of buildings or any space. The architectural lighting solutions find the various applications among various sectors such as hospitality, retail, education and many more. The transformation of fluorescent which is a source in light bulb to High Intensity Discharge (HID), LED to OLED is continuously increasing. The lens technology used in LED’s or OLED’s optimizes the fixtures photometrically so as to cover and redirect the light in the targeted manner. The improved lighting source further helps in designing fixtures that could fit into the cover of ceiling design and thus results in reducing the direct light and illuminate the room with soft lighting ambiance.
The factors driving the market are technological improvements in manufacturing of lighting solutions, growing demand for aesthetic light, increasing the application of light with the added advantage of reduced emission of infrared rays, affordability and low energy consumption. Surging requirement for a well-lit space along with appealing lighting for enhancing the interior corners and aircrafts contributes to the market growth. The factors restraining the market growth are the increased overhead cost and energy saving standards in shorter time span and as per the requirement of end-user. The higher return on the investments which is the result of reduced prices of LED lighting is expected to provide market growth opportunities.
This study delivers a comprehensive analysis of light type, application, end-user and region. The light type segment includes Light Emitting Diode (LED), High Intensity Discharge (HID) and Fluorescent Lights. The Light Emitting Diode (LED) segment held the largest market share in 2020, owing to the reduced energy consumption, low cost. Increasing utilization of LED’s in architectural lighting across the indoor and outdoor areas of buildings allows it to be incorporated into chandelier lights, façade lighting, decorative pendant, strip light and recessed floor light. The application segment includes Indoor and Outdoor. The Indoor segment held the largest market share in 2020, owing to the integration of loT into lights has provided an impetus to the flourishing demand for indoor architectural lighting. The end-user segment includes residential, commercial and industrial. The commercial segment held the largest market share in 2020, owing to the cost effectiveness.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific holds the largest market share, owing to the rising per capital income, changing life styles. The infrastructural development in commercial buildings, high-end residential complexes and public spaces in developing nations of Asia is stipulating the need for innovative lighting solutions which in turn contributes to the growth of architectural lighting market. Europe is expected to witness significant growth, owing to the increasing need for the architectural lighting with temperature control features and modern designs for various applications such as museums, hotels & restaurants, theaters, homes, shops & malls.
Some of the notable players in the market are General Electric Company, Acuity Brands Lighting Inc., Philips Lighting Holding B.V., W.W. Grainger Inc., OSRAM Licht AG, OSRAM GmbH, Siteco GmbH, Cree Inc., Cree Lighting, Feilo Sylvania, IDEAL INDUSTRIES INC., TCP International Holdings Ltd., Hubbell Delta Light, SeaGull Lighting, Orion Energy Systems Inc., GE Current, Technical Consumer Products Inc., A Daintree Company, Signify Holdings, GVA Lighting, Zumtobel Group AG, Samsung Electronics, Seoul Semiconductor Co. Ltd., Griven S.r.l., GE Lighting LLC, Verbatim Ltd., Toshiba Lighting & Technology Corporation, Cooper Industries PLC, Epistar Corporation, Galaxia.
Architectural Lighting Market Analysis and Forecast, Light Type
Architectural Lighting Market Analysis and Forecast, Application
Architectural Lighting Market Analysis and Forecast, End-User
Architectural Lighting Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Light Type
4.3.2. Market Attractiveness Analysis By Application
4.3.3. Market Attractiveness Analysis By End-user
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Technological improvements in manufacturing of lighting solutions
5.2.2. Low energy consumption
5.2.3. Reduced emission of infrared rays
5.3. Restraints
5.3.1. Increased overhead cost
5.3.2. Out-break of Covid which led to the implementation of lockdown
5.4. Opportunities
5.4.1. Higher return on investments as a result of reduced LED lighting prices
6. Global Architectural Lighting Market Analysis and Forecast, By Light Type
6.1. Segment Overview
6.2. Light Emitting Diode (LED)
6.3. High Intensity Discharge (HID)
6.4. Fluorescent Lights
7. Global Architectural Lighting Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Indoor
7.3. Outdoor
8. Global Architectural Lighting Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Residential
8.3. Commercial
8.4. Industrial
9. Global Architectural Lighting Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Architectural Lighting Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Architectural Lighting Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. General Electric Company
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Acuity Brands Lighting Inc.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Philips Lighting Holding B.V.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. W.W. Grainger Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. OSRAM Licht AG
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. OSRAM GmbH
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Siteco GmbH
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Cree Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Cree Lighting
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Feilo Sylvania
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. IDEAL INDUSTRIES INC.
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. TCP International Holdings Ltd.
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Hubbell Delta Light
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. SeaGull Lighting
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Orion Energy Systems Inc.
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. GE Current
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Technical Consumer Products Inc.
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. A Daintree Company
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Signify Holdings
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. GVA Lighting
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Product Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
11.21. Zumtobel Group AG
11.21.1. Business Overview
11.21.2. Company Snapshot
11.21.3. Company Market Share Analysis
11.21.4. Company Product Portfolio
11.21.5. Recent Developments
11.21.6. SWOT Analysis
11.22. Samsung Electronics
11.22.1. Business Overview
11.22.2. Company Snapshot
11.22.3. Company Market Share Analysis
11.22.4. Company Product Portfolio
11.22.5. Recent Developments
11.22.6. SWOT Analysis
11.23. Seoul Semiconductor Co. Ltd.
11.23.1. Business Overview
11.23.2. Company Snapshot
11.23.3. Company Market Share Analysis
11.23.4. Company Product Portfolio
11.23.5. Recent Developments
11.23.6. SWOT Analysis
11.24. Griven S.r.l.
11.24.1. Business Overview
11.24.2. Company Snapshot
11.24.3. Company Market Share Analysis
11.24.4. Company Product Portfolio
11.24.5. Recent Developments
11.24.6. SWOT Analysis
11.25. GE Lighting LLC
11.25.1. Business Overview
11.25.2. Company Snapshot
11.25.3. Company Market Share Analysis
11.25.4. Company Product Portfolio
11.25.5. Recent Developments
11.25.6. SWOT Analysis
11.26. Verbatim Ltd
11.26.1. Business Overview
11.26.2. Company Snapshot
11.26.3. Company Market Share Analysis
11.26.4. Company Product Portfolio
11.26.5. Recent Developments
11.26.6. SWOT Analysis
11.27. Toshiba Lighting & Technology Corporation
11.27.1. Business Overview
11.27.2. Company Snapshot
11.27.3. Company Market Share Analysis
11.27.4. Company Product Portfolio
11.27.5. Recent Developments
11.27.6. SWOT Analysis
List of Table
1. Global Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
2. Global Light Emitting Diode (LED), Architectural Lighting Market, By Region, 2018-2028 (USD Million)
3. Global High Intensity Discharge (HID), Architectural Lighting Market, By Region, 2018-2028 (USD Million)
4. Global Fluorescent Lights , Architectural Lighting Market, By Region, 2018-2028 (USD Million)
5. Global Architectural Lighting Market, By Application, 2018-2028 (USD Million)
6. Global Indoor, Architectural Lighting Market, By Region, 2018-2028 (USD Million)
7. Global Outdoor, Architectural Lighting Market, By Region, 2018-2028 (USD Million)
8. Global Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
9. Global Residential, Architectural Lighting Market, By Region, 2018-2028 (USD Million)
10. Global Commercial, Architectural Lighting Market, By Region, 2018-2028 (USD Million)
11. Global Industrial, Architectural Lighting Market, By Region, 2018-2028 (USD Million)
12. North America Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
13. North America Architectural Lighting Market, By Application, 2018-2028 (USD Million)
14. North America Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
15. U.S. Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
16. U.S. Architectural Lighting Market, By Application, 2018-2028 (USD Million)
17. U.S. Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
18. Canada Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
19. Canada Architectural Lighting Market, By Application, 2018-2028 (USD Million)
20. Canada Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
21. Mexico Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
22. Mexico Architectural Lighting Market, By Application, 2018-2028 (USD Million)
23. Mexico Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
24. Europe Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
25. Europe Architectural Lighting Market, By Application, 2018-2028 (USD Million)
26. Europe Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
27. Germany Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
28. Germany Architectural Lighting Market, By Application, 2018-2028 (USD Million)
29. Germany Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
30. France Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
31. France Architectural Lighting Market, By Application, 2018-2028 (USD Million)
32. France Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
33. U.K. Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
34. U.K. Architectural Lighting Market, By Application, 2018-2028 (USD Million)
35. U.K. Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
36. Italy Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
37. Italy Architectural Lighting Market, By Application, 2018-2028 (USD Million)
38. Italy Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
39. Spain Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
40. Spain Architectural Lighting Market, By Application, 2018-2028 (USD Million)
41. Spain Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
42. Asia Pacific Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
43. Asia Pacific Architectural Lighting Market, By Application, 2018-2028 (USD Million)
44. Asia Pacific Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
45. Japan Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
46. Japan Architectural Lighting Market, By Application, 2018-2028 (USD Million)
47. Japan Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
48. China Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
49. China Architectural Lighting Market, By Application, 2018-2028 (USD Million)
50. China Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
51. India Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
52. India Architectural Lighting Market, By Application, 2018-2028 (USD Million)
53. India Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
54. South America Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
55. South America Architectural Lighting Market, By Application, 2018-2028 (USD Million)
56. South America Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
57. Brazil Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
58. Brazil Architectural Lighting Market, By Application, 2018-2028 (USD Million)
59. Brazil Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
60. Middle East and Africa Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
61. Middle East and Africa Architectural Lighting Market, By Application, 2018-2028 (USD Million)
62. Middle East and Africa Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
63. UAE Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
64. UAE Architectural Lighting Market, By Application, 2018-2028 (USD Million)
65. UAE Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
66. South Africa Architectural Lighting Market, By Light Type, 2018-2028 (USD Million)
67. South Africa Architectural Lighting Market, By Application, 2018-2028 (USD Million)
68. South Africa Architectural Lighting Market, By End-use, 2018-2028 (USD Million)
List of Figures
1. Global Architectural Lighting Market Segmentation
2. Global Architectural Lighting Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Architectural Lighting Market Attractiveness Analysis By Light Type
9. Global Architectural Lighting Market Attractiveness Analysis By Application
10. Global Architectural Lighting Market Attractiveness Analysis By End-use
11. Global Architectural Lighting Market Attractiveness Analysis By Region
12. Global Architectural Lighting Market: Dynamics
13. Global Architectural Lighting Market Share by Light Type(2021 & 2028)
14. Global Architectural Lighting Market Share by Application (2021 & 2028)
15. Global Architectural Lighting Market Share by End-use (2021 & 2028)
16. Global Architectural Lighting Market Share by Regions (2021 & 2028)
17. Global Architectural Lighting Market Share by Company (2020)
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