Architectural Lighting Market by Product and Geography - Forecast and Analysis 2021-2025
Published: Jul 2021 | Pages: 120 | SKU: IRTNTR70752 |
Architectural Lighting Market - 2021-2025
The projected valuation of the architectural lighting market by 2025 is USD 2.88 billion. The growth momentum of the market is expected to accelerate at a CAGR of 6.16%, during 2021-2025. This research report elucidates the market drivers and trends that has been catalyzing the progress of existing market players. One of the key factors driving the architectural lighting market growth is strong government support for energy-efficient lighting solutions. View our sample report for insights on the latest drivers, trends, and challenges that will have a far-reaching effect on the market growth in the coming years.
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Architectural Lighting Market Segments
Every aspect of business improvement planning depends on the understanding of current and potential target customers across segmentations. Get actionable insights on the architectural lighting market segments to recognize and seize financial opportunities. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic architectural lighting market predictions on demand changes for 2021-2025? You can buy the report now with one easy click. Our architectural lighting market analysis report extensively covers product (lamps and luminaires), light source (LED lighting and traditional lighting), and geography (APAC, North America, Europe, South America, and MEA), wherein you will obtain insights on qualitative and quantitative data that can help in optimizing financial results.
Architectural Lighting Market Vendors and Competitive Analysis
The architectural lighting market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the architectural lighting market is fragmented and the vendors are deploying growth strategies such as focusing on product quality and product pricing to gain competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players. The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update. For detailed insights on complete key vendor profiles buy the full architectural lighting market forecast report. The profiles include particulars on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis. |
Architectural Lighting Market - Region Opportunities 2021-2025
APAC will contribute 45% of the overall architectural lighting market growth during the forecast period. China is the key market for architectural lighting market in APAC. To unlock exclusive information on potential business markets, economic trends and risks in geographies, and emerging prospective customers buy the report now!
APAC has been exhibiting significant growth rate for architectural lighting market vendors. Factors such as the increasing urbanization and growth in the deployment of IT infrastructure are leading to the development of smart city infrastructure in several countries in the region. Such factors are accelerating the architectural lighting market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.
The architectural lighting market share growth in APAC will be faster than the growth of the market in regions such as North America and Europe. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Architectural Lighting Market Insights by Product
To gain further insights on the market contribution of various segments Request for a FREE Sample!
The architectural lighting market share growth by the lamps segment will be significant during the forecast period. Owing to the easy installation of lamps, these are widely used for residential applications. The ease of installation of LED lamps makes it more suitable than luminaires for those places where hardware for new installations is limited. The growing demand for energy-efficient LED lamps is expected to promote the growth of the lamps segment during 2021-2025. This report provides an accurate prediction of the contribution of all the segments to the growth of the architectural lighting market size.
From the architectural lighting market segmentation insights, players can identify the demand pattern of target customers and make effective business plans to capture untapped segments. In addition, the analytical data on the segmentations will enable effective product and service positioning among the right end-users, which will facilitate significant exposure and growth for the vendors. Get updated actionable market insights on post COVID-19 impact on each segment.
Architectural Lighting Market Drivers & Trends
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding architectural lighting market growth is ban on incandescent bulbs in several countries. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
Strong government support with respect to infrastructure development is one of the major factors driving the architectural lighting market growth. For instance, China's 14th five-year plan (2021-2025) focused on energy conservation. The plan involves the reduction of carbon generation, encouraging green technologies in all the areas of manufacturing, and promoting efficient lighting technologies to reduce power consumption. In addition, a ban on the production and sale of high-power-consuming lighting sources in the country is expected to boost the demand for LED lighting during 2021-2025. These favorable government strategies are expected to increase the adoption of LED lights in the domestic market. As a result, the growth prospects of the global architectural lighting market are expected to increase during the forecast period. |
Technavio research analysts have done in-depth analysis of the architectural lighting market trends, drivers, and challenges in terms of their long-term and short-term effects. This data will help players map their growth prospects across key and emerging markets.
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Architectural Lighting Market Report Outlook
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive architectural lighting market growth during the next five years
- Precise estimation of the architectural lighting market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the architectural lighting market across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of architectural lighting market vendors
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Architectural Lighting Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
Market growth 2021-2025 |
$ 2.88 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.55 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 45% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Consumer Lighting LLC, Cree Inc., Delta Light NV, Designed Architectural Lighting, GRIVEN, Koninklijke Philips NV, OSRAM GmbH, Samsung Electronics Co. Ltd., Seoul Semiconductor Co. Ltd., and SG Lighting Srl |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Lamps - Market size and forecast 2020-2025
- Luminaires - Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by Light source
- Market segments
- Comparison by Light source
- LED lighting - Market size and forecast 2020-2025
- Traditional lighting - Market size and forecast 2020-2025
- Market opportunity by Light source
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Consumer Lighting LLC
- Cree Inc.
- Delta Light NV
- Designed Architectural Lighting
- GRIVEN
- Koninklijke Philips NV
- OSRAM GmbH
- Samsung Electronics Co. Ltd.
- Seoul Semiconductor Co. Ltd.
- SG Lighting Srl
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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architectural lighting market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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