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Architectural Lighting Market to Hit US$ 4587.6 million by 2030, Fueled by 9.3% CAGR, Forecast 2024-2030 | Key Players: Cree Lighting, OSRAM, Philips Lighting, Samsung LED, Seoul Semiconductor

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Architectural Lighting Market to Hit US$ 4587.6 million by 2030, Fueled by 9.3% CAGR, Forecast 2024-2030 | Key Players: Cree Lighting, OSRAM, Philips Lighting, Samsung LED, Seoul Semiconductor

February 25
21:16 2024
Architectural Lighting Market to Hit US$ 4587.6 million by 2030, Fueled by 9.3% CAGR, Forecast 2024-2030 | Key Players: Cree Lighting, OSRAM, Philips Lighting, Samsung LED, Seoul Semiconductor
Architectural Lighting Market Set to Surpass US$ 4.6 Billion by 2030, Driven by Urbanization and Energy Efficiency Trends
The Architectural Lighting Market is anticipated to achieve a valuation of US$ 4587.6 million by 2030, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period from 2024 to 2030. This growth is primarily driven by increasing urbanization, infrastructure development, and the adoption of energy-efficient lighting solutions in commercial and residential sectors.

Synopsis

Architectural lighting design is a field within architecture, interior design and electrical engineering that is concerned with the design of lighting systems, including natural light, electric light, or both, to serve human needs.

The global Architectural Lighting Market was valued at US$ 2390.6 million in 2023 and is anticipated to reach US$ 4587.6 million by 2030, witnessing a CAGR of 9.3% during the forecast period 2024-2030.

With the presence of several international and regional vendors, this market appears to be diversified. The regional vendors are finding it difficult to compete with the international vendors especially in terms of quality, technology, and price. The market is competitive and vendors are focusing on entering into strategic partnerships to gain and improve their market shares. The competitive environment in this market is further expected to intensify with an increase in product and service extensions, technological innovations, and M&A.

This report aims to provide a comprehensive presentation of the global market for Architectural Lighting, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Architectural Lighting.

Report Scope

The Architectural Lighting market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Architectural Lighting market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Architectural Lighting manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Request a Sample Copy or Connect for Further Details: https://www.themarketreports.com/report/ask-your-query/1380445

Market Segmentation

By Company

  • Cree Lighting
  • OSRAM
  • Philips Lighting
  • Samsung LED
  • Seoul Semiconductor
  • GE Lighting
  • GRIVEN
  • CLS LED
  • OMS
  • Orlight

 

Segment by Type

  • Traditional Lighting
  • LED Lighting

 

Segment by Application

  • Residential
  • Commercial
  • Industrial

 

Production by Region

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

 

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Architectural Lighting manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Architectural Lighting by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Architectural Lighting in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

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