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Albert Roy
@albertr
September 24, 2020

Ambient Lighting Market Growth Factors Research and Projection Till 2027

The Global Ambient Lighting Market is projected to reach a value of over USD 165.5 billion by 2027 at a CAGR of around 11.3%.

Lighting is a very important part of every room of the home. Proper utilization and placement of lighting gives more benefits to end users, but in bad case, the improper lighting will decrease the beauty of the interior. Ambient lighting majorly known as general lighting use as primary source of a light for a particular room. Moreover, this lighting technology improves the depth and warmth of the space or room. Ambient lighting can be accomplished by using basic lighting fixtures such as chandeliers, track lights, recessed lights, and wall or ceiling-mounted lighting fixtures.

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Ambient Lighting Market: Drivers & Restraint

Market Driver:

  • Rising Usage of Smart Lighting

Smart lighting is a category smart electronics technologies that often acts as the first step in automated IoT technology adoption. Smart lighting uses connected and intelligent devices in various residential and commercial application to provide more sustainable, responsive, secure, and healthy lifestyle for the end users. It uses networked lighting sensors to control all lighting throughout a building or campus. In current scenario, smart lighting technology is growing exponentially due to growing demand of LED lights, increasing demand for energy efficiency, and rising need for replacing traditional lighting system with new technology. Hence, rising of smart lighting market for indoor and outdoor application will drive the market during the forecast period.

Market Restraint:

  • High Initial Investment

In current market, Ambient lighting is a growing technology due to its advantages for indoor and outdoor lighting. However, in today’s scenario, due to lack of consumer awareness the market of traditional lighting is more than ambient lighting. Hence, for setting new ambient lighting system, end users invest more revenue for better opportunities. Due to wireless technology, cost of sensors, cost of wireless switches & dimmers, and cost of replacement with traditional lighting will restrain the market during growth period.

Ambient Lighting Market: Key Segments

  • Segmentation based on type: Indoor and Outdoor
  • Segmentation based on technology: Hardware, Software, and Services
  • Segmentation based on end use industry: Residential and Commercial
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Ambient Lighting Market: Report Scope

The report on the ambient lighting market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Ambient Lighting Market include:

  • Signify Holding (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Standard Products Inc.
  • GE Lighting
  • SAMSUNG
  • Cree Lighting
  • OSRAM GmbH
  • ACUITY BRANDS LIGHTING, INC.
  • Zumtobel Group AG
  • Enterprise Lighting & Control
  • The Häfele Group
  • Pasolite
  • LIGMAN Lighting Co., Ltd.
  • Thorn Lighting Limited
  • Wipro Lighting.
  • Bridgelux, Inc.
  • Hubbell
  • Eaton
  • Decon Lighting Pvt. Ltd.
  • Louis Poulsen A/S
  • Other Key Companies

Ambient Lighting Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Ambient Lighting Market, by Type

  • Indoor Ambient Lighting
    • Chandelier
    • Ceiling mounted fixture
    • Wall-mounted fixture
    • Traditional recessed fixtures and / or LED downlights
    • Track light
    • Floor lamp
    • Table lamp
  • Outdoor Ambient Lighting
    • Spotlight
    • Hanging fixture
    • Garage and canopy lighting
    • Post lantern
    • Wall lighting
    • Recessed fixture

Ambient Lighting Market, by Component

  • Hardware
    • Luminaires & Lamps
      • LED
      • Halogen
      • Fluorescent
      • Incandescent
    • Lighting Control Devices
      • Switches
      • Dimmers
      • Sensors
      • LED Drivers
      • Others
  • Software
  • Services

Ambient Lighting Market, by End Use Industry

  • Residential
  • Commercial
    • Manufacturing Industries
    • Automotive
    • Healthcare
    • Retail
    • Office Buildings
    • Others

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Ambient Lighting Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions Answered by The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Need for Energy-efficient Lighting Solutions
      2. Rising Usage of Smart Lighting
    3. Restraint
      1. High Initial Investment
    4. Challenges
      1. Replacement of Traditional Lighting with Ambient Lighting
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL AMBIENT LIGHTING MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Indoor Ambient Lighting
      1. Chandelier
      2. Ceiling mounted fixture
      3. Wall-mounted fixture
      4. Traditional recessed fixtures and / or LED downlights
      5. Track light
      6. Floor lamp
      7. Table lamp
    3. Outdoor Ambient Lighting
      1. Spotlight
      2. Hanging fixture
      3. Garage and canopy lighting
      4. Post lantern
      5. Wall lighting
      6. Recessed fixture
  7. GLOBAL AMBIENT LIGHTING MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Hardware
      1. Luminaires & Lamps
        1. LED
        2. Halogen
        3. Fluorescent
        4. Incandescent
      2. Lighting Control Devices
        1. Switches
        2. Dimmers
        3. Sensors
        4. LED Drivers
        5. Others
    3. Software
    4. Services
  8. GLOBAL AMBIENT LIGHTING MARKET BY END USE INDUSTRY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Residential
    3. Commercial
      1. Manufacturing Industries
      2. Automotive
      3. Healthcare
      4. Retail
      5. Office Buildings
      6. Others
  9. GLOBAL AMBIENT LIGHTING MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Norway
      6. Switzerland
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. Signify Holding
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Standard Products Inc.
    3. GE Lighting
    4. SAMSUNG
    5. Cree Lighting
    6. OSRAM GmbH
    7. ACUITY BRANDS LIGHTING, INC.
    8. Zumtobel Group AG
    9. Enterprise Lighting & Control
    10. The Häfele Group
    11. Pasolite
    12. LIGMAN Lighting Co., Ltd.
    13. Thorn Lighting Limited
    14. Wipro Lighting.
    15. Bridgelux, Inc.
    16. Hubbell
    17. Eaton
    18. Decon Lighting Pvt. Ltd.
    19. Louis Poulsen A/S
    20. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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Albert Roy
September 24, 2020, 12:59
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