Architectural Lighting Market is expected to reach US$ 14.57 Bn. by 2029, at a CAGR of 6.10% during the forecast period.
Architectural Lighting Market Overview
Most comprehensive market report published by Maximize Market research provides an extensive regional analysis and competitive landscapes of the Architectural Lighting market. The growth of the Architectural Lighting Market is expected in forecast period. The report provides the key insights of the market equipped with a detailed regional, demand and competitor analysis.
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Market Scope
The intelligence report on the Architectural Lighting Market gives in depth analysis of the market and the significant drivers that are driving the market growth. To understand the Architectural Lighting market the report presents the drivers, challenges, restraints and opportunities prevailing the Architectural Lighting market. The report covers current and future trends to help investors understand the opportunities and challenges in upcoming forecast period. The report is equipped with a competitive analysis of the Architectural Lighting market.
The key players and new entrants are studied and analysed by region, revenue, financial status, portfolio, technological advancements adopted, social media presence, mergers and acquisitions, joint ventures and strategic alliances. This kind of analysis guide the stakeholders, investor, market players and followers and the new entrants with overall view of the Architectural Lighting market for formulating investment approaches and marketing tactics.
Segmentation
Based on the light type, the architectural lighting market is segmented into light-emitting diode (LED), high-intensity discharge (HID), and others. The LED lighting market was worth USD 3.4 billion in 2021. Lower energy costs and the availability of attractive LED lighting fixtures may be to blame for the segment's growth. Additionally, as the use of LED in architectural lighting expands, it may be incorporated into façade lighting, recessed floor lighting, decorative pendant, and strip lighting in both interior and exterior areas of buildings.
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Key Players
• Acuity Brands Lighting Inc.
• IDEAL INDUSTRIES INC.
• Hubbell
• Delta Light
• GE Current
• Daintree company
• Technical Consumer Products; Inc.
• Siteco GmbH
• Signify Holdings
• Zumtobel Group AG
• OSRAM GmbH
• Cree Lighting
• Acuity Brands Lighting Inc.
• Seoul Semiconductor Co., Ltd.
• Samsung
• Griven S.r.l.
• Other Key Players
Regional Analysis
The report gives in depth analysis of the Architectural Lighting market with specified and dominating regions and specifies the regions that are expected to grow in forecasted period. The government initiatives also boost the market growth in some regions. The research include an evaluation of regional and local market participants operating in the target market. On global basis the research evaluates the market in North America, Latin America, Europe, Asia Pacific, Africa, and the Middle East. The report delves the regional market for the discovering the regional market trends, constraints and growth potential.
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Architectural Lighting Market , Architectural Lighting Market Share , Architectural Lighting Market Trends
Mar 09, 2023