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The global architectural lighting market size reached USD 6.4 billion in 2022. IMARC Group forecasts that the market will grow at a CAGR of 5.6% from 2023 to 2028, reaching USD 8.9 billion in 2028. Advances in LED technology, increasing focus on sustainability and energy efficiency, increasing installation of effective lighting solutions in industrial setups to maintain adequate illuminance and prevent accident occurrence are driving the market. These are some of the main factors.<br><br>
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Global Architectural Lighting Market Research Report 2023-2028 Author: Elena Anderson Marketing Manager IMARC Group © 2022 IMARC All Rights Reserved Copyright © IMARC Service Pvt Ltd. All Rights Reserved
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Report Description and Highlights Report Description Global Architectural Lighting Market Outlook 2023-2028: According to the latest report by IMARC Group, titled “Architectural Lighting Market: Global Industry Trends, Size, Share, Growth, Opportunity, and Forecast 2023-2028,“ the global architectural lighting market size reached USD 6.4 billion in 2022. IMARC Group forecasts that the market will grow at a CAGR of 5.6% from 2023 to 2028, reaching USD 8.9 billion in 2028. The rising urbanization is creating a demand for unique designs along with functional design in building projects, which is one of the factors responsible for the growth of the architectural lighting market. Additionally, the demand for the market is escalating due to its key functionalities, such as adding artistic elements to architectural design, as well as the practical requirements of energy efficiency, which is fueling the market. Besides this, the incorporation of architectural lighting is becoming integral to both commercial and residential sectors, enhancing the ambiance and functionality of spaces while contributing to the visual identity of urban landscapes, which is further bolstering the market. Moreover, advancements in LED technology and the growing adoption of smart lighting solutions are significantly driving market growth. Emerging trends in the architectural lighting market include the integration of Internet of Things (IoT) technology, which allows for smarter control and optimization of lighting systems.
Report Description and Highlights Report Description In addition to this, smart lighting systems can adjust brightness and color based on natural light availability or predefined settings to enhance mood and productivity, while conserving energy, which is acting as another growth-inducing factor. Furthermore, there is an increasing emphasis on sustainability within the industry, with manufacturers developing products that are not only energy-efficient but also made from recyclable materials and designed for easier end-of-life disposal or reuse, which is creating a positive outlook for the market. This shift is supported by stringent regulations regarding energy consumption and environmental impact, prompting innovations that meet these standards without compromising on design and functionality, which is anticipated to drive the architectural lighting market over the forecasted period. Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/report/ja/architectural-lighting-market
Report Description and Highlights Report Description • Key Market Segmentation: • The report has segmented the Global Architectural Lighting market on the basis of light source, lighting type, application, and end use. • Decomposition by light source: • fluorescent light • High intensity discharge (HID) lights • Light emitting diode (LED) light • Others • Breakdown by lighting type: • ambient • task • accent
Report Description and Highlights Report Description • Breakdown by usage: • wall wash • cove lighting • Backlight • others • Breakdown by end use: • commercial • residential • industrial • others
Report Description and Highlights Report Description • Breakup by Country: • North America (United States, Canada) • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others) • Europe (Germany, France, United Kingdom, Italy, Spain, Others) • Latin America (Brazil, Mexico, Others) • Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others) • Ask An Analyst for Customization : https://www.imarcgroup.com/request?type=report&id=13698&flag=E
Report Description and Highlights Report Description Competitive Landscape With Key Players: The competitive landscape global architectural lighting market has been studied in the report with the detailed profiles of the key players operating in the market. • Signify Holding B.V. • OSRAM GmbH • Cree Lighting • The General Electric Company • Acuity Brands Lighting Inc. • Seoul Semiconductor Co., Ltd. • Samsung Electronics Co., Ltd. • GrivenSrl
Key Questions Answered in the Report Report Description • What was the size of the Architectural Lighting market in Global in 2023? • What is the expected growth rate of the Architectural Lighting market in Global during 2023-2028? • What are the key factors driving the Architectural Lighting market in Global? • What has been the impact of COVID-19 on the Architectural Lighting market in Global? • What is the breakup of Architectural Lighting market in Global breakup based on the molecule? • What is the breakup of Architectural Lighting market in Global based on the indication? • What is the breakup of Architectural Lighting market in Global based on the manufacturing type? • What are the key regions in the Architectural Lighting market in Global? • Who are the key players/companies in the Architectural Lighting market in Global?
Table of Contents Report Description 1 Preface 2 Scope and Methodology 3 Executive Summary 4 Global Architectural Lightings Market – Introduction 5 Global Architectural Lightings Market 6 Market Breakup by Country 7 Market Breakup by Molecule 8 Market Breakup by Manufacturing Type 9 Market Breakup by Indication 10 Globalan Architectural Lighting Market: SWOT Analysis
Table of Contents Report Description 11 Globalan Architectural Lighting Market: Value Chain Analysis 12 Porter’s Five Forces Analysis 13 Price Analysis 14 Requirements for Setting Up a Generic Drug Manufacturing Plant 15 Competitive Landscape Click Here to Visit the Complete Table of Content With List of Figures and Tables : https://www.imarcgroup.com/Global-Architectural Lighting-market/toc
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Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients
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