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The Architectural Lighting Market Size was valued at USD 9.39 Billion in 2023 and is expected to reach USD 18.65 Billion by 2032 and grow at a CAGR of 7.96% over the forecast period 2024-2032.
The Architectural Lighting market growth is built on the rising demand for energy-efficient lighting solutions, inspired by global concerns over sustainability and lowering energy consumption. The advancements in smart lighting systems further enhance efficiency and provide adaptability to Architectural Lighting projects. The aesthetic value of lighting is also highly considered in commercial and residential schemes. Lighting is increasingly being used as a visual effect, thus giving rise to colorful surroundings that are yet to be achieved in contemporary architectural designs. Incorporating lighting in BMS is also increasing demand as it allows complete lighting control while ensuring functionality and energy savings.
Technological breakthroughs, such as those of IoT-based solutions and wireless lighting systems, further broaden the spectrum of possibilities opened up by Architectural Lighting and thus enable highly customized and versatile design solutions. Moreover, the thrust of government efforts in terms of green building standards and energy saving are increasingly forcing businesses and homeowners to upgrade to modern lighting systems. All these combined ensure steady growth in the Architectural Lighting market in various applications and sectors.
By 2023, Light-Emitting Diode (LED) have account for about 60% of the overall lighting market in the United States. That indicates a huge shift from traditional incandescent and fluorescent lights to energy-efficient LED technology. More than 1.5 billion LED light sources were estimated to be in use by the end of 2023, primarily in residential and commercial as well as industrial space. Most estimates indicate that widespread deployment will conserve energy at a rate of close to 70-90% over the traditional incandescent bulbs; this will translate approximately to some saving of about 100 terawatt-hours annually from electricity usage. Further, it is envisioned that LEDs will avoid 75 Billion metric tons of greenhouse gas emissions in 2024.
Key Drivers:
Energy Efficiency Fuels Architectural Lighting Growth Due to LED Technology and Government Incentives Drive Market Expansion
Energy saving is becoming an increasingly contentious subject; what's more, because of environmental concerns about sustainability, and therefore the need for such illumination methods for their buildings, like LED lighting or other energy-saving technologies, ends. These bulbs consume much less energy; take less power; they have very long lives compared with the traditional ways of illuminating buildings. In addition to that, the costs of maintaining and running will be very low as well. The growing investment in low carbon footprints by businesses as well as consumers is accelerating the adoption of such energy-efficient solutions, thus growing markets faster. Governments as well as other bodies around the globe are providing incentives and regulations that help consumers utilize energy-efficient lighting, thereby expanding market growth.
Smart Lighting Systems Revolutionize Architectural Lighting with IoT and Automation for Enhanced Control and Efficiency
Architectural Lighting no longer just serves the purpose of illumination but increasingly includes various advanced technologies such as IoT and automation. The big advantage of smart lighting systems is the ability to have control over light intensity, color, and timing from a distance or through automated schedules. This then increases both energy savings and the general experience of the user, making these appealing systems, especially for commercial and public buildings where lighting needs vary at different times of the day. A strong desire for customized and optimized lighting solutions is what pushes the adoption of smart solutions and is the key contributor to the market's growth.
Restrain:
High Upfront Costs Challenge Adoption of Advanced Lighting Systems in Smaller Businesses and Developing Regions
High-end lighting systems, especially the smart and connected variants, cost an arm and a leg up front. Even though economies realized in the long term are valuable, LED fixtures, IoT-enabled controls, and automated lighting systems present a cost that may be too steep for smaller businesses or residential consumers. In addition, the integration of new lighting systems into existing infrastructure complicates the process, with both the potential to create technical difficulties and higher installation costs. There is also the limitation of lesser knowledge and experience in using such advanced lighting technologies, which also hinders the technology from making itself more accessible to the masses, more so in developing regions where such traditional lighting systems are still within a budget.
By Component
The ballasts segment in the Architectural Lighting market was dominant, capturing more than 18% of the share in 2023. It can be attributed to the widespread use of LED and fluorescent lighting systems in the architectural field, where ballasts are used for a smooth supply of electricity to control the functioning of different lighting combinations. Since these energy-efficient, durable, and low-maintenance lighting technologies have become popular these days, the adoption of compatible and high-performance ballasts will continue to boost this segment.
The lamps segment is expected to grow at a CAGR of 9.40% in the forecasted period. The growth will be witnessed on account of increased demand for both outdoor as well as indoor lighting solutions. Lamps are witnessing an increased demand along with several initiatives pursued by various governments to illuminate public places and ensure a comfortable environment for the masses. Market players are using a host of business strategies to expand their customer bases and secure their position in the market.
By Source
Light-emitting diode (LED) dominated the Architectural Lighting market with a remarkable lead of over 28% in 2023. Strong growth in the sector has been one of the major factors owing to the rapid advancement of LED technology. LEDs have become even more efficient, reliable, and versatile, improving brightness, color accuracy, and durability. LEDs have emerged as an alternative to the old-fashioned lighting solution traditional, saturated lighting of incandescent or fluorescent bulbs.
The High-Intensity Discharge (HID) segment is expected to grow by approximately 8.87% in terms of compound annual growth rate during the forecast period. High-intensity illumination is primarily in use with end-users, mostly being required to cover larger distances. Therefore, these lights are largely in demand within public areas and large halls, such as retail malls and sports arenas.
By Application
The indoor segment had the largest market share above 76% of the Architectural Lighting market during 2023. Increasing population and continuous urbanization are creating more residential projects that are being undertaken worldwide, thus leading to healthy growth prospects for Architectural Lighting for different end-users, such as residential and commercial lighting, and also office lighting.
Outdoor would have a growth rate of CAGR 8.83% over the forecast period. The trend toward living outdoors attributes Architectural Lighting to outdoor application growth. Homeowners and developers invest in outdoor spaces, such as patios, gardens, and terraces, to create extensions of indoor living areas.
By End Use
The commercial segment accounted for the largest share 57% of the Architectural Lighting market mainly due to the rising need for energy-saving lighting solutions in offices, retail, and public buildings. In these environments, advanced lighting designs are highly demanding for improved aesthetics and functionality with energy saving.
The residential segment is estimated to grow at a CAGR of 9.38 %over the forecast period. Homeowners are turning their attention to improving their homes and smart lighting technology. This category continues to grow because consumers would be looking for comfort, and energy efficiency improvements in living spaces, thereby making residential Architectural Lighting an attractive choice.
Asia Pacific has the maximum market share of above 45% and is likely to hold its position till the end of the forecasting period. Increasing urbanization trends have been observed in the Asia Pacific region; Billions of inhabitants of rural settings have been shifting to cities with hopes of economic prosperity. For example, the World Bank has indicated that Asia-Pacific is experiencing fast growth in regards to the process of urbanization with an estimation that about 55 % of the population will reside in cities in the year 2030.
High urbanization rates are causing cities to grow and expand greatly, and with this development, the Asia Pacific Architectural Lighting market is experiencing an upward trend at a CAGR of 8.39% from 2024 to 2032. Architectural Lighting would be crucial for developing the cityscape and the attractive environment.
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Some of the major players in the Architectural Lighting Market are:
Philips Lighting (Hue Smart Bulbs, Color Kinetics)
Osram (LEDVANCE, Siteco)
GE Lighting (C by GE, Reveal LED Bulbs)
Acuity Brands (Lithonia Lighting, Gotham Lighting)
Cree Lighting (Cree Edge, Cadiant Light Engine)
Legrand (Wattstopper, Adorne)
Focal Point (LyteFrame, Seem 2)
Zumtobel Group (Tecto, SLOTLIGHT)
Ketra (Ketra Luminaires, Control System)
Signify (Interact, Philips Dynalite)
Lutron (Caséta Wireless, RA2 Select)
Selux (LUMEN, Light Columns)
Holophane (Prismatic Lens Fixtures, LED Area Lights)
Sylvania (Ultra LED, LED Wall Pack)
Nimbus (Nimbus UFO, Q-LED)
Eaton (Cooper Lighting, Halo LED Downlights)
Meyer Lighting (LED Flex, Meyer Rigid LED)
Cannonball Lighting (Cannonball Series, Beacon Series)
Barn Light Electric (Gooseneck Lights, Vintage Outdoor Fixtures)
Edge Lighting (Edge LED, LumaLine)
In August 2024, Häfele Expands Lighting Solutions with New Architectural Lighting Range, Introducing the Versatile Delft Series for Modern Interiors
In March 2024, WAC Lighting showcased its innovative KONSTRUKT modular lighting system at LEDucation 2024, held on March 2024, in New York City. This system featured customizable, field-cuttable channels along with versatile lighting elements tailored for high-end commercial applications, emphasizing scalability and performance.
In March 2024, The Light + Building event returned to Frankfurt, Germany. It attracted over 2,000 exhibitors, highlighting a strong recovery in the industry.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | USD 9.39 Billion |
| Market Size by 2032 | USD 18.65 Billion |
| CAGR | CAGR of 7.96% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Component (Lamp Holders, Ballasts, Lamps, Lenses/Shades, Trims, Wiring, Reflectors, Others), • by Source (Incandescent Lights, Fluorescent Lights, Light-emitting diode (LED), High-Intensity Discharge (HID), Others) • by Application (Indoor, Outdoor), by End Use (Commercial, Residential, Industrial, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Philips Lighting, Osram, GE Lighting, Acuity Brands, Cree Lighting, Legrand, Focal Point, Zumtobel Group, Ketra, Signify, Lutron, Selux, Holophane, Sylvania, Nimbus, Eaton, Meyer Lighting, Cannonball Lighting, Barn Light Electric, Edge Lighting |
| Key Drivers | • Energy Efficiency Fuels Architectural Lighting Growth Due to LED Technology and Government Incentives Drive Market Expansion • Smart Lighting Systems Revolutionize Architectural Lighting with IoT and Automation for Enhanced Control and Efficiency |
| RESTRAINTS | • High Upfront Costs Challenge Adoption of Advanced Lighting Systems in Smaller Businesses and Developing Regions |
Ans: The Architectural Lighting Market is expected to grow at a CAGR of 7.96% during 2024-2032.
Ans: Architectural Lighting Market size was USD 9.39 billion in 2023 and is expected to Reach USD 18.65 billion by 2032.
Ans: The growth factor for the Architectural Lighting Market is the increasing disposable income of the consumers, which makes them focus more on enhancing the aesthetic value of their surroundings and puts a demand for more innovative and energy-efficient lighting products, especially LED.
Ans: The Light-Emitting Diode (LED) segment dominated the Architectural Lighting Market in 2023.
Ans: ASIA PACIFIC dominated the Architectural Lighting Market in 2023.
Table of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Architectural Lighting Customer Trends
5.2 Architectural Lighting Technological Trends
5.3 Architectural Lighting Energy Efficiency Metrics
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Architectural Lighting Market Segmentation, by Component
7.1 Chapter Overview
7.2 Lamp Holders
7.2.1 Lamp Holders Market Trends Analysis (2020-2032)
7.2.2 Lamp Holders Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Ballasts
7.3.1 Ballasts Market Trends Analysis (2020-2032)
7.3.2 Ballasts Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Lamps
7.4.1 Lamps Market Trends Analysis (2020-2032)
7.4.2 Lamps Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Lenses/Shades
7.5.1 Lenses/Shades Market Trends Analysis (2020-2032)
7.5.2 Lenses/Shades Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Trims
7.6.1 Trims Market Trends Analysis (2020-2032)
7.6.2 Trims Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Wiring
7.7.1 Wiring Market Trends Analysis (2020-2032)
7.7.2 Wiring Market Size Estimates and Forecasts to 2032 (USD Billion)
7.8 Reflectors
7.8.1 Reflectors Market Trends Analysis (2020-2032)
7.8.2 Reflectors Market Size Estimates and Forecasts to 2032 (USD Billion)
7.9 Others
7.9.1 Others Market Trends Analysis (2020-2032)
7.9.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Architectural Lighting Market Segmentation, by Source
8.1 Chapter Overview
8.2 Incandescent Lights
8.2.1 Incandescent Lights Market Trends Analysis (2020-2032)
8.2.2 Incandescent Lights Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Fluorescent Lights
8.3.1 Fluorescent Lights Market Trends Analysis (2020-2032)
8.3.2 Fluorescent Lights Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Light-Emitting Diode (LED)
8.4.1 Light-Emitting Diode (LED) Market Trends Analysis (2020-2032)
8.4.2 Light-Emitting Diode (LED) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 High-Intensity Discharge (HID)
8.5.1 High-Intensity Discharge (HID) Market Trends Analysis (2020-2032)
8.5.2 High-Intensity Discharge (HID) Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Others
8.6.1 Others Market Trends Analysis (2020-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Architectural Lighting Market Segmentation, by Application
9.1 Chapter Overview
9.2 Indoor
9.2.1 Indoor Market Trends Analysis (2020-2032)
9.2.2 Indoor Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Outdoor
9.3.1 Outdoor Market Trends Analysis (2020-2032)
9.3.2 Outdoor Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Architectural Lighting Market Segmentation, by End Use
10.1 Chapter Overview
10.2 Commercial
10.2.1 Commercial Market Trends Analysis (2020-2032)
10.2.2 Commercial Market Size Estimates and Forecasts to 2032 (USD Billion)
10.3 Residential
10.3.1 Residential Market Trends Analysis (2020-2032)
10.3.2 Residential Market Size Estimates and Forecasts to 2032 (USD Billion)
10.4 Industrial
10.4.1 Industrial Market Trends Analysis (2020-2032)
10.4.2 Industrial Market Size Estimates and Forecasts to 2032 (USD Billion)
10.5 Others
10.5.1 Others Market Trends Analysis (2020-2032)
10.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
11. Regional Analysis
11.1 Chapter Overview
11.2 North America
11.2.1 Trends Analysis
11.2.2 North America Architectural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
11.2.3 North America Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.2.4 North America Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.2.5 North America Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.2.6 North America Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.2.7 USA
11.2.7.1 USA Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.2.7.2 USA Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.2.7.3 USA Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.2.7.4 USA Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.2.8 Canada
11.2.8.1 Canada Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.2.8.2 Canada Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.2.8.3 Canada Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.2.8.4 Canada Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.2.9 Mexico
11.2.9.1 Mexico Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.2.9.2 Mexico Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.2.9.3 Mexico Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.2.9.4 Mexico Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Trends Analysis
11.3.1.2 Eastern Europe Architectural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
11.3.1.3 Eastern Europe Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.1.4 Eastern Europe Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.1.5 Eastern Europe Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.1.6 Eastern Europe Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.1.7 Poland
11.3.1.7.1 Poland Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.1.7.2 Poland Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.1.7.3 Poland Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.1.7.4 Poland Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.1.8 Romania
11.3.1.8.1 Romania Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.1.8.2 Romania Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.1.8.3 Romania Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.1.8.4 Romania Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.1.9 Hungary
11.3.1.9.1 Hungary Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.1.9.2 Hungary Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.1.9.3 Hungary Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.1.9.4 Hungary Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.1.10 Turkey
11.3.1.10.1 Turkey Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.1.10.2 Turkey Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.1.10.3 Turkey Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.1.10.4 Turkey Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.1.11 Rest of Eastern Europe
11.3.1.11.1 Rest of Eastern Europe Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.1.11.2 Rest of Eastern Europe Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.1.11.3 Rest of Eastern Europe Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.1.11.4 Rest of Eastern Europe Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2 Western Europe
11.3.2.1 Trends Analysis
11.3.2.2 Western Europe Architectural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
11.3.2.3 Western Europe Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.4 Western Europe Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.5 Western Europe Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.6 Western Europe Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.7 Germany
11.3.2.7.1 Germany Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.7.2 Germany Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.7.3 Germany Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.7.4 Germany Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.8 France
11.3.2.8.1 France Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.8.2 France Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.8.3 France Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.8.4 France Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.9 UK
11.3.2.9.1 UK Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.9.2 UK Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.9.3 UK Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.9.4 UK Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.10 Italy
11.3.2.10.1 Italy Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.10.2 Italy Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.10.3 Italy Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.10.4 Italy Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.11 Spain
11.3.2.11.1 Spain Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.11.2 Spain Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.11.3 Spain Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.11.4 Spain Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.12 Netherlands
11.3.2.12.1 Netherlands Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.12.2 Netherlands Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.12.3 Netherlands Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.12.4 Netherlands Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.13 Switzerland
11.3.2.13.1 Switzerland Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.13.2 Switzerland Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.13.3 Switzerland Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.13.4 Switzerland Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.14 Austria
11.3.2.14.1 Austria Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.14.2 Austria Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.14.3 Austria Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.14.4 Austria Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.3.2.15 Rest of Western Europe
11.3.2.15.1 Rest of Western Europe Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.3.2.15.2 Rest of Western Europe Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.3.2.15.3 Rest of Western Europe Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.3.2.15.4 Rest of Western Europe Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4 Asia Pacific
11.4.1 Trends Analysis
11.4.2 Asia Pacific Architectural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
11.4.3 Asia Pacific Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.4 Asia Pacific Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.5 Asia Pacific Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.6 Asia Pacific Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.7 China
11.4.7.1 China Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.7.2 China Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.7.3 China Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.7.4 China Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.8 India
11.4.8.1 India Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.8.2 India Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.8.3 India Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.8.4 India Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.9 Japan
11.4.9.1 Japan Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.9.2 Japan Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.9.3 Japan Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.9.4 Japan Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.10 South Korea
11.4.10.1 South Korea Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.10.2 South Korea Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.10.3 South Korea Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.10.4 South Korea Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.11 Vietnam
11.4.11.1 Vietnam Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.11.2 Vietnam Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.11.3 Vietnam Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.11.4 Vietnam Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.12 Singapore
11.4.12.1 Singapore Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.12.2 Singapore Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.12.3 Singapore Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.12.4 Singapore Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.13 Australia
11.4.13.1 Australia Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.13.2 Australia Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.13.3 Australia Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.13.4 Australia Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.4.14 Rest of Asia Pacific
11.4.14.1 Rest of Asia Pacific Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.4.14.2 Rest of Asia Pacific Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.4.14.3 Rest of Asia Pacific Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.4.14.4 Rest of Asia Pacific Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5 Middle East and Africa
11.5.1 Middle East
11.5.1.1 Trends Analysis
11.5.1.2 Middle East Architectural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
11.5.1.3 Middle East Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.1.4 Middle East Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.1.5 Middle East Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.1.6 Middle East Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.1.7 UAE
11.5.1.7.1 UAE Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.1.7.2 UAE Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.1.7.3 UAE Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.1.7.4 UAE Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.1.8 Egypt
11.5.1.8.1 Egypt Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.1.8.2 Egypt Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.1.8.3 Egypt Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.1.8.4 Egypt Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.1.9 Saudi Arabia
11.5.1.9.1 Saudi Arabia Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.1.9.2 Saudi Arabia Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.1.9.3 Saudi Arabia Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.1.9.4 Saudi Arabia Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.1.10 Qatar
11.5.1.10.1 Qatar Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.1.10.2 Qatar Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.1.10.3 Qatar Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.1.10.4 Qatar Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.1.11 Rest of Middle East
11.5.1.11.1 Rest of Middle East Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.1.11.2 Rest of Middle East Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.1.11.3 Rest of Middle East Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.1.11.4 Rest of Middle East Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.2 Africa
11.5.2.1 Trends Analysis
11.5.2.2 Africa Architectural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
11.5.2.3 Africa Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.2.4 Africa Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.2.5 Africa Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.2.6 Africa Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.2.7 South Africa
11.5.2.7.1 South Africa Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.2.7.2 South Africa Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.2.7.3 South Africa Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.2.7.4 South Africa Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.2.8 Nigeria
11.5.2.8.1 Nigeria Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.2.8.2 Nigeria Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.2.8.3 Nigeria Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.2.8.4 Nigeria Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.5.2.9 Rest of Africa
11.5.2.9.1 Rest of Africa Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.5.2.9.2 Rest of Africa Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.5.2.9.3 Rest of Africa Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.5.2.9.4 Rest of Africa Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.6 Latin America
11.6.1 Trends Analysis
11.6.2 Latin America Architectural Lighting Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
11.6.3 Latin America Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.6.4 Latin America Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.6.5 Latin America Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.6.6 Latin America Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.6.7 Brazil
11.6.7.1 Brazil Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.6.7.2 Brazil Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.6.7.3 Brazil Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.6.7.4 Brazil Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.6.8 Argentina
11.6.8.1 Argentina Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.6.8.2 Argentina Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.6.8.3 Argentina Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.6.8.4 Argentina Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.6.9 Colombia
11.6.9.1 Colombia Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.6.9.2 Colombia Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.6.9.3 Colombia Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.6.9.4 Colombia Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
11.6.10 Rest of Latin America
11.6.10.1 Rest of Latin America Architectural Lighting Market Estimates and Forecasts, by Component (2020-2032) (USD Billion)
11.6.10.2 Rest of Latin America Architectural Lighting Market Estimates and Forecasts, by Source (2020-2032) (USD Billion)
11.6.10.3 Rest of Latin America Architectural Lighting Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
11.6.10.4 Rest of Latin America Architectural Lighting Market Estimates and Forecasts, by End Use (2020-2032) (USD Billion)
12. Company Profiles
12.1 Philips Lighting
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.2 Osram
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.3 GE Lighting
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.4 Acuity Brands
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.5 Cree Lighting
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.6 Legrand
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.7 Focal Point
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.8 Zumtobel Group
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.9 Ketra
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.10 Signify
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
13. Use Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Component
Lamp Holders
Ballasts
Lamps
Lenses/Shades
Trims
Wiring
Reflectors
Others
By Source
Incandescent Lights
Fluorescent Lights
Light-Emitting Diode (LED)
High-Intensity Discharge (HID)
Others
By Application
Indoor
Outdoor
By End Use
Commercial
Residential
Industrial
Others
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REGIONAL COVERAGE:
North America
US
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Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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Inspection Analysis Device Market size was valued at USD 722 Million in 2022 and is expected to grow to USD 1050.57 Million by 2030 and grow at a CAGR of 4.8 % over the forecast period of 2023-2030
The Supercomputer Market size was valued at USD 10.00 billion in 2023 and is expected to grow to USD 21.71 billion by 2032 and grow at a CAGR of 9.00% over the forecast period of 2024-2032.
The Rugged Electronics Market Size was valued at USD 14.01 Billion in 2023 and is expected to grow to USD 26.4 Billion at a CAGR of 7.32% During 2024-2032
The Consumer Audio Market Size was valued at USD 82.19 Billion in 2023 and is expected to grow at 14.38% CAGR to reach USD 275.36 Billion by 2032.
The Broadcast Equipment Market size is expected to be valued at USD 5.00 billion in 2023. It is estimated to reach USD 8.09 billion by 2032 with a growing CAGR of 5.5% over the forecast period 2024-2032.
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