The use of lighting technologies has aided architects in meeting the masses' custom demand at affordable prices. Aesthetic light placements match the design of buildings and indoor spaces. Furthermore, museums, libraries, and healthcare facilities need to be optimized with appropriate lighting technologies to fit the end-user's requirements.
MARKET DYNAMICS
The growing necessity to guarantee a well-lit space, with appealing lighting for enhancing the corners and interior artifacts are some of the major factors driving the growth of the architectural lighting market. Moreover, consumer demands towards architectural lighting with attributes such as cost-saving, reliability, adjustable illumination power, and a longer lifespan are anticipated to boost the growth of the market.
MARKET SCOPE
The "Global Architectural Lighting Market Analysis to 2028"? is a specialized and in-depth study of the architectural lighting market with a special focus on the global market trend analysis. The report aims to provide an overview of architectural lighting market with detailed market segmentation by light type, application area, end user. The global architectural lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading architectural lighting market players and offers key trends and opportunities in the architectural lighting market.
MARKET SEGMENTATION
The global architectural lighting market is segmented on the basis of light type, application area, end user. On the basis of light type, the market is segmented as light-emitting diode (LED), high-intensity discharge (HID), others. On the basis of application area, the market is segmented as indoor, outdoor. On the basis of end user, the market is segmented as residential, commercial.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global architectural lighting market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The architectural lighting market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting architectural lighting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the architectural lighting market in these regions.
MARKET PLAYERS
The reports cover key developments in the architectural lighting market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from architectural lighting market are anticipated to lucrative growth opportunities in the future with the rising demand for architectural lighting market. Below mentioned is the list of few companies engaged in the architectural lighting market.
The report also includes the profiles of key architectural lighting market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ACUITY BRANDS LIGHTING, INC.
- Delta Light
- GE Current, a Daintree company
- Hubbell
- ORLIGHT LTD.
- OSRAM GmbH
- Siteco GmbH
- Sylvania Lighting
- Technical Consumer Products, Inc.
- Zumtobel Group AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.