Market Dynamics:
The Ambient Lighting Market is expected to promise high growth owing to the increasing demand for energy-efficient lighting systems in recent years. Increasing demand from end-use industries including residential, industrial, automotive and others is expected to drive the growth of the ambient lighting market. This market has witnessed a number of key developments by major companies including Signify NV, Hafele America Co., Eaton Corporation, Hubbell Incorporated, Thorn Lighting Ltd, and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.
Ambient lightings can be referred to as a type of lighting used for the creation of stylish ambiance and aesthetically improved atmosphere. These types of lights are the most common in the world and are present with a light glow that is just sufficient enough to function without any harsh glare. This type of lighting system are cheap and application to different mobile functions were maintaining the light amount is necessary and makes the room lighting as natural as possible. In an automobile, it is used as light strips and other forms to maintain the ambiance and driver’s safety as well.
Segment Analysis
Advancement of technology and raising awareness for energy efficient lightings are the major factors for the growth of the global ambient lighting market. Rising in the infrastructure building activities and rise in the standard of livings have also led to the growth of the market. The availability of better interior designs and low-cost lighting products has also brought a rise in the market segments as compared to other forms of lighting.
Some of the key Impact Factors:
- Advancement of technology and raised standard of living
- Growth in demand for energy efficient lighting systems
- The rise of the infrastructure building activities worldwide
Regional Analysis:
By region, the ambient lighting market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of the ambient lighting market during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end users in the respective region. The North America ambient lighting market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.
Companies Covered: Signify NV, Hafele America Co., Eaton Corporation, Hubbell Incorporated, Thorn Lighting Ltd, Wipro Consumer Care & Lighting Ltd….
Market Segmentation:
By Type:
- Suspended lights
- Track Lights
- Strip Lights
- Recessed Lights
- Surface-Mounted Lights
- Others
By End-Use Industry:
- Residential
- Industrial
- Automotive
- Others
By Offering:
- Hardware
- Software & Services
By Region:
- North America
- By Country (US, Canada, Mexico)
- By Type
- By End-Use Industry
- By Offering
- Western Europe
- By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
- By Type
- By End-Use Industry
- By Offering
- Eastern Europe
- By Country (Russia, Turkey, Rest of Eastern Europe)
- By Type
- By End-Use Industry
- By Offering
- Asia Pacific
- By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
- By Type
- By End-Use Industry
- By Offering
- Middle East
- By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
- By Type
- By End-Use Industry
- By Offering
- Rest of the World
- By Region (South America, Africa)
- By Type
- By End-Use Industry
- By Offering
Reasons to buy this report:
- Market size estimation of ambient lighting market on a regional and global basis
- The unique research design for market size estimation and forecasts
- Profiling of the major companies operating in the market with key developments
- Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet the specific requirements:
- By segment
- By sub-segment
- By region/ country
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