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Press Release:

Global High-End Lighting Market to Grow at 6% During 2021-2026, Bolstered by Rapid Upgradation of Existing Infrastructure

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

High-End Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global high-end lighting market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. 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.

High-end lighting is used to highlight features, create zones, and alter the overall interior design of a space. It is considered luxurious as it offers uniqueness and enhances residential architectural allure. As a result, the rising demand for modern homes with lavish interior designs on account of rapid urbanization and inflating disposable incomes is driving the adoption of high-end lighting solutions worldwide. Moreover, the leading brands are offering custom light fixtures that are a combination of contemporary and traditional lighting styles to create exquisite residential fixtures.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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High-End Lighting Market Trends:

The flourishing construction industry, in confluence with the rising focus on the upgradation of the existing infrastructure with ultra-modern lighting solutions, represents one of the considerable factors bolstering the growth of the market. Moreover, governing agencies of numerous countries are encouraging the adoption of light-emitting diodes (LEDs) over fluorescent lights, halogen lamps, and incandescent bulbs. LEDs are modern-day high-end lighting solutions, which are energy-efficient, eco-friendly and help save energy and reduce environmental pollution. In line with this, LED technology is gaining traction for plant cultivation under controlled environmental conditions, which is contributing to market growth. Apart from this, several brands are integrating advanced technologies like artificial intelligence (AI) and the internet of things (IoT) to offer remote-controlled, wireless high-end lighting variants. These variants are battery-operated, rechargeable, and connected to a smart device using Wi-Fi or Bluetooth. They can also easily move inside spaces and require no visible cabling. This, along with the increasing demand for connected lighting solutions on account of the boosting sales of smartphones, increasing penetration of the internet and the rising trend of smart residential spaces, is anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global high-end lighting market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, light source type, interior design, application and end user.

Breakup by Light Source Type:

 

 
 

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  • LED Lamps
  • HID Lamps
  • Fluorescent Lights
  • Others
     

Breakup by Interior Design:

  • Modern
  • Traditional
  • Transitional
     

Breakup by Application:

  • Wired
  • Wireless
     

Breakup by End User:

  • Commercial
  • Industrial
  • Residential
     

Breakup by Region:

 

 
 

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  • 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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Acuity Brands 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.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
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 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.
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

 

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global High-End Lighting Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Light Source Type
    6.1    LED Lamps
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    HID Lamps
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Fluorescent Lights
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Interior Design
    7.1    Modern
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Traditional
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Transitional
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1    Wired
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Wireless
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End User
    9.1    Commercial
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Industrial
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Residential
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Acuity Brands Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    CREE Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Electronic Theatre Controls Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    General Electric Company
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
        15.3.5    Helestra Leuchten GmbH
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Holtkötter Licht GmbH
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Honeywell International Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Lutron Electronics Co. Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 SWOT Analysis
        15.3.9    OSRAM Licht AG (ams AG)
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
        15.3.10    Signify N.V.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        15.3.11    Toshiba Corporation
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: High-End Lighting Market: Major Drivers and Challenges
Figure 2: Global: High-End Lighting Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: High-End Lighting Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: High-End Lighting Market: Breakup by Light Source Type (in %), 2020
Figure 5: Global: High-End Lighting Market: Breakup by Interior Design (in %), 2020
Figure 6: Global: High-End Lighting Market: Breakup by Application (in %), 2020
Figure 7: Global: High-End Lighting Market: Breakup by End User (in %), 2020
Figure 8: Global: High-End Lighting Market: Breakup by Region (in %), 2020
Figure 9: Global: High-End Lighting (LED Lamps) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: High-End Lighting (LED Lamps) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: High-End Lighting (HID Lamps) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: High-End Lighting (HID Lamps) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: High-End Lighting (Fluorescent Lights) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: High-End Lighting (Fluorescent Lights) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: High-End Lighting (Other Light Source Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: High-End Lighting (Other Light Source Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: High-End Lighting (Modern) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: High-End Lighting (Modern) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: High-End Lighting (Traditional) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: High-End Lighting (Traditional) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: High-End Lighting (Transitional) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: High-End Lighting (Transitional) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: High-End Lighting (Wired) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: High-End Lighting (Wired) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: High-End Lighting (Wireless) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: High-End Lighting (Wireless) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: High-End Lighting (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: High-End Lighting (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: High-End Lighting (Industrial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: High-End Lighting (Industrial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: High-End Lighting (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: High-End Lighting (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: North America: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: North America: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: United States: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: United States: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Canada: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Canada: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Asia-Pacific: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Asia-Pacific: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: China: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: China: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Japan: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Japan: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: India: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: India: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: South Korea: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: South Korea: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Australia: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Australia: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Indonesia: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Indonesia: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Others: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Others: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Europe: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Europe: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Germany: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Germany: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: France: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: France: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: United Kingdom: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: United Kingdom: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Italy: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Italy: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Spain: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Spain: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Russia: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Russia: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Others: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Others: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Latin America: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Latin America: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Brazil: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Brazil: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Mexico: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Mexico: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Others: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Others: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Middle East and Africa: High-End Lighting Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Middle East and Africa: High-End Lighting Market: Breakup by Country (in %), 2020
Figure 81: Middle East and Africa: High-End Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Global: High-End Lighting Industry: SWOT Analysis
Figure 83: Global: High-End Lighting Industry: Value Chain Analysis
Figure 84: Global: High-End Lighting Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: High-End Lighting Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: High-End Lighting Market Forecast: Breakup by Light Source Type (in Million US$), 2021-2026
Table 3: Global: High-End Lighting Market Forecast: Breakup by Interior Design (in Million US$), 2021-2026
Table 4: Global: High-End Lighting Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: High-End Lighting Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 6: Global: High-End Lighting Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: High-End Lighting Market: Competitive Structure
Table 8: Global: High-End Lighting Market: Key Players

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Key Question Answered in this Report

We expect the global high-end lighting market to exhibit a CAGR of around 6% during 2021-2026.
 

The rising popularity of smart residential spaces, along with the growing integration of advanced technologies such as Artificial Intelligence (AI) and the Internet of Things (IoT) to offer wireless lighting systems, is primarily catalyzing the global high-end lighting market. 
 

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units for high-end lighting systems.
 

Based on the application, the global high-end lighting market can be categorized into wired and wireless. Currently, wired high-end lighting accounts for the majority of the global market share.
 

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market. 
 

Some of the major players in the global high-end lighting market include Acuity Brands 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.

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