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Ambient Lighting - Global Market Trajectory & Analytics

  • ID: 5301900
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Acuity Brands, Inc.
  • General Electric Company
  • Hafele
  • Hubbell Incorporated
  • Osram Licht Ag
  • Signify N.V.
Global Ambient Lighting Market to Reach $101.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Ambient Lighting estimated at US$61.2 Billion in the year 2020, is projected to reach a revised size of US$101.8 Billion by 2027, growing at a CAGR of 7.5% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 7.5% CAGR and reach US$63.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software & Services segment is readjusted to a revised 7.6% CAGR for the next 7-year period.





The U.S. Market is Estimated at $16.5 Billion, While China is Forecast to Grow at 11.4% CAGR

The Ambient Lighting market in the U.S. is estimated at US$16.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.7 Billion by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 6.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Select Competitors (Total 35 Featured):
  • Acuity Brands, Inc.
  • General Electric Company
  • Hafele
  • Honeywell International Inc.
  • Hubbell Incorporated
  • Ideal Industries, Inc. (Cree Lighting)
  • Lutron Electronics Co., Inc.
  • Osram Licht Ag
  • Signify N.V.
  • Zumtobel Group Ag
Frequently Asked Questions about the Global Market for Ambient Lighting

What is the estimated value of the Global Market for Ambient Lighting?

The Global Market for Ambient Lighting was estimated to be valued at $61.2 Billion in 2020.

What is the growth rate of the Global Market for Ambient Lighting?

The growth rate of the Global Market for Ambient Lighting is 7.5%, with an estimated value of $101.8 Billion by 2027.

What is the forecasted size of the Global Market for Ambient Lighting?

The Global Market for Ambient Lighting is estimated to be worth $101.8 Billion by 2027.

Who are the key companies in the Global Market for Ambient Lighting?

Key companies in the Global Market for Ambient Lighting include Acuity Brands, Inc., General Electric Company, Hafele, Honeywell International Inc., Hubbell Incorporated, Ideal Industries, Inc. (Cree Lighting), Lutron Electronics Co. Inc., Osram Licht Ag and Zumtobel Group Ag.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acuity Brands, Inc.
  • General Electric Company
  • Hafele
  • Hubbell Incorporated
  • Osram Licht Ag
  • Signify N.V.

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 35
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Acuity Brands, Inc.
  • General Electric Company
  • Hafele
  • Honeywell International Inc.
  • Hubbell Incorporated
  • Ideal Industries, Inc. (Cree Lighting)
  • Lutron Electronics Co. Inc.
  • Osram Licht Ag
  • Signify N.V.
  • Zumtobel Group Ag
Note: Product cover images may vary from those shown