Architectural Lighting - Global Strategic Business Report

Global Architectural Lighting Market to Reach $14.9 Billion by 2030

The global market for Architectural Lighting estimated at US$7.7 Billion in the year 2022, is projected to reach a revised size of US$14.9 Billion by 2030, growing at a CAGR of 8.7% over the analysis period 2022-2030. Light Emitting Diode, one of the segments analyzed in the report, is projected to record 9.7% CAGR and reach US$7.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the High Intensity Discharge segment is readjusted to a revised 8.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 14.1% CAGR

The Architectural Lighting market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 14.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.

Select Competitors (Total 43 Featured) -

• Acuity Brands Lighting, Inc.
• Cooper Industries PLC
• Cree Inc.
• Cree Lighting
• Epistar Corporation
• Feilo Sylvania
• Galaxia
• GE Lighting LLC
• General Electric Company
• GRIVEN S.r.l.
• OSRAM GmbH
• Osram Licht AG
• Philips Lighting Holding B.V.
• Samsung Electronics
• Seoul Semiconductor Co., Ltd
• Signify Holding
• TCP International Holdings Ltd.
• Toshiba Lighting & Technology Corporation
• Verbatim Ltd.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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