Architectural Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Architectural Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • June 2020 •
  • 105 pages •
  • Report ID: 5917221 •
  • Format: PDF
The global architectural lighting market grew at a CAGR of around 5% during 2014-2019.

Architectural lighting is a combination of technology and art that enhances the experience and ambience of any space or building. Architectural lighting majorly focuses on three aspects of any building or area, i.e. aesthetics, functionality and energy efficiency. Aesthetic aspect focuses on enhancing the emotional impact of a space by providing a balance between lighting and architecture. This aspect is mostly associated with retail locations and interior lighting to attract large masses. Functionality aspect includes illumination of space precisely to perform specific tasks such as writing, reading and navigation. Furthermore, the energy efficiency aspect includes the maximum impact of lighting with minimum energy consumption. Owing to these aspects, architectural lighting solutions find diversified applications across various sectors, including residential, retail, education, hospitality, commercial, industrial, etc.

The global architectural lighting market is primarily driven by the growing adoption of LED lighting solutions, increasing advancements in lighting technology, growing urban space, rising demand for aesthetic lights and surging need for energy-efficient lighting devices. Architectural lighting is one of the early adopters of LED lighting. LED lights are more flexible and efficient in terms of power consumption and colors as compared to other conventional lighting solutions. LED-based architectural lighting is often featured with low carbon footprints that minimizes the adverse effects on the environment. LED lighting solutions lower energy consumption as well as reduces the maintenance expenditures, which is further driving the growth of the global architectural lighting market. Furthermore, based on several technological advancements, various key players are launching smart architectural lighting solutions integrated with sensors for providing safe and efficient on-demand lighting. The introduction of smart lighting and control systems offers architectural luminaires with high performance, intelligent control with lower energy consumption, along with the option for setting the light intensity according to the consumer’s need. Moreover, the increasing demand for energy-efficient lighting systems coupled with the growing investments in the construction of smart city infrastructures such as bridges, roadways and commercial buildings is propelling the growth of the global architectural lighting market. Furthermore, the refurbishment and reconstruction of several historic and public infrastructures supported by rapid urbanization is also expected to drive the architectural lighting market in the coming years. Looking forward, the analyst expects the market to continue its moderate growth during the next five years

Breakup by Light Source:
Fluorescent Lights
High Intensity Discharge (HID) Lights
Light Emitting Diode (LED) Lights
Others

Breakup by Lighting Type:
Ambient
Task
Accent

Breakup by Application:
Wall Wash
Cove Lighting
Backlighting
Others

Breakup by End Use:
Commercial
Residential
Industrial
Others

Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Others
Asia Pacific
China
Japan
India
Australia
Indonesia
Korea
Others
Middle East and Africa
United Arab Emirates
Saudi Arabia
Qatar
Iraq
Others
Latin America
Brazil
Mexico
Others

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Signify Holding, OSRAM GmbH, Cree Lighting, General Electric Company, Acuity Brands Lighting Inc., Seoul Semiconductor Co., Ltd, Samsung, Griven S.r.l., etc.

Key Questions Answered in This Report:
How has the global architectural lighting market performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the light source?
What is the breakup of the market based on the lighting type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global architectural lighting market and who are the key players?
What is the degree of competition in the market?