High-End Lighting Market Analysis, Recent Trends and Growth Forecast by 2026
- amaramurray21
- Jul 20, 2021
- 2 min read
According to the latest report by IMARC Group, titled “High-End Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, 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.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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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.
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.
High-End Lighting Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global high-end lighting market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players 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.
Toshiba Corporation
Key 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.
Breakup by Light Source Type:
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:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/high-end-lighting-market
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
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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