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The global architectural lighting market size reached US$ 6.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Architectural lighting is a combination of technology and art that enhances the experience and ambience of any space or building. Architectural lighting majorly focuses on three aspects of any building or area, i.e. aesthetics, functionality and energy efficiency. Aesthetic aspect focuses on enhancing the emotional impact of a space by providing a balance between lighting and architecture. This aspect is mostly associated with retail locations and interior lighting to attract large masses. Functionality aspect includes illumination of space precisely to perform specific tasks such as writing, reading and navigation. Furthermore, the energy efficiency aspect includes the maximum impact of lighting with minimum energy consumption. Owing to these aspects, architectural lighting solutions find diversified applications across various sectors, including residential, retail, education, hospitality, commercial, industrial, etc.
The global architectural lighting market is primarily driven by the growing adoption of LED lighting solutions, increasing advancements in lighting technology, growing urban space, rising demand for aesthetic lights and surging need for energy-efficient lighting devices. Architectural lighting is one of the early adopters of LED lighting. LED lights are more flexible and efficient in terms of power consumption and colors as compared to other conventional lighting solutions. LED-based architectural lighting is often featured with low carbon footprints that minimizes the adverse effects on the environment. LED lighting solutions lower energy consumption as well as reduces the maintenance expenditures, which is further driving the growth of the global architectural lighting market. Furthermore, based on several technological advancements, various key players are launching smart architectural lighting solutions integrated with sensors for providing safe and efficient on-demand lighting. The introduction of smart lighting and control systems offers architectural luminaires with high performance, intelligent control with lower energy consumption, along with the option for setting the light intensity according to the consumer’s need. Moreover, the increasing demand for energy-efficient lighting systems coupled with the growing investments in the construction of smart city infrastructures such as bridges, roadways and commercial buildings is propelling the growth of the global architectural lighting market. Furthermore, the refurbishment and reconstruction of several historic and public infrastructures supported by rapid urbanization is also expected to drive the architectural lighting market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global architectural lighting market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on light source, lighting type, application and end use.
Breakup by Light Source:
Breakup by Lighting Type:
Breakup by Application:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the key players being Signify Holding B.V., OSRAM GmbH, Cree Lighting, The General Electric Company, Acuity Brands Lighting Inc., Seoul Semiconductor Co., Ltd., Samsung Electronics Co., Ltd. and Griven S.r.l.
|Base Year of the Analysis||2021|
|Segment Coverage||Light Source, Lighting Type, Application, End Use, 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, China, Japan, India, Australia, Indonesia, South Korea, United Arab Emirates, Saudi Arabia, Qatar, Iraq, Brazil, Mexico|
|Companies Covered||Signify Holding B.V., OSRAM GmbH, Cree Lighting, The General Electric Company, Acuity Brands Lighting Inc., Seoul Semiconductor Co., Ltd., Samsung Electronics Co., Ltd. and Griven S.r.l.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global architectural lighting market size was valued at US$ 6.0 Billion in 2021.
According to the estimates by IMARC Group, the global architectural lighting market is expected to witness a CAGR of 5.9% from 2022 to 2027.
The growing number of refurbishment and reconstruction activities pertaining to various historic and public infrastructures represents one of the key drivers for the global architectural lighting market.
The growing investments in the construction of smart city infrastructures, along with the emergence of LED lighting systems, represent some of key trends in the global architectural lighting market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nations resulting in temporary halt in numerous construction activities, thereby limiting the demand for architectural lighting.
On the basis of light source, the market has been segmented into fluorescent lights, high intensity discharge (HID) lights, light emitting diode (LED) lights, and others. At present, light emitting diode (LED) lights dominate the global market.
On the basis of the lighting type, the market has been bifurcated into ambient, task and accent. Currently, ambient holds the majority of the total market share.
On the basis of the application, the market has been divided into wall wash, cove lighting, backlighting and others. Among these, wall wash represents the largest segment.
On the basis of the end use, the market has been segmented into commercial, industrial, residential and others. At present, the commercial sector exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global architectural lighting market are Signify Holding B.V., OSRAM GmbH, Cree Lighting, The General Electric Company, Acuity Brands Lighting Inc., Seoul Semiconductor Co., Ltd., Samsung Electronics Co., Ltd. and Griven S.r.l.
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