According to the latest report by IMARC Group, titled “High-End Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global high-end lighting market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.
Year considered to estimate the market size:
• Base year of the analysis: 2022
• Historical period: 2017-2022
• Forecast period: 2023-2028
High-End Lighting Market Companies
- Acuity Brands Lighting Inc
- CREE Inc.
- Electronic Theatre Controls Inc.
- General Electric Company
- Helestra Leuchten GmbH
- Holtkötter Licht GmbH
- Honeywell International Inc.
- Lutron Electronics Co. Inc.
- OSRAM Licht AG (ams AG)
- Signify N.V.
- Toshiba Corporation
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| High-End Lighting Market: 2023-2028 |
High-End Lighting Market Trends: 2023-2028
High-end lighting refers to a luxurious lighting solution widely used in commercial, residential, and industrial sectors. It helps in creating zones and altering the overall interior design of a space. It also assists in enhancing the architecture allure and providing custom light features. At present, the demand for high-end lighting products is increasing worldwide due to rapid urbanization and inflating disposable incomes.
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There is a rise in the upgradation of the existing infrastructure across the globe. This, in confluence with the high-speed internet connectivity and boosting sales of smartphones, represents one of the key factors driving the market. Apart from this, governing agencies of numerous countries are promoting energy-efficient, eco-friendly lighting solutions, which are impelling the market growth. Moreover, leading players are focusing on the integration of advanced solutions like the Internet of Things (IoT) and artificial intelligence (AI), which is further propelling the growth of the market.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Light Source Type, Interior Design, Application, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Acuity Brands Lighting Inc, CREE Inc., Electronic Theatre Controls Inc., General Electric Company, Helestra Leuchten GmbH, Holtkötter Licht GmbH, Honeywell International Inc., Lutron Electronics Co. Inc., OSRAM Licht AG (ams AG), Signify N.V. and Toshiba Corporation |
| Customization Scope | 10% Free Customization |
| Exclusive Offer on this Report | https://www.imarcgroup.com/checkout?id=4084&method=1 |
High-End Lighting Market 2023-2028 Competitive Analysis and Segmentation:
High-End Lighting Market Segmentation:
The report has segmented the global high-end lighting market on the basis of light source type, interior design, applications, end user and region.
Based on Light Source Type:
- LED Lamps
- HID Lamps
- Fluorescent Lights
- Others
Based on Interior Design:
- Modern
- Traditional
- Transitional
Based on Application:
- Wired
- Wireless
Based on End User:
- Commercial
- Industrial
- Residential
Geographical Analysis:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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