High-End Lighting Market, By Type (LED Lamps, HID Lamps, Fluorescent Lights, and Others), By Interio

Published Date: | Report Code : IT1949956

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The High-End Lighting Market growth is expected to gain high momentum during the forecast period due to technological innovations, such as connected, dimmable, color changing, and sensor-enabled lighting.

Owing to the increasing demand for connected lighting and interior designing, there has been significant growth in the global high-end lighting market. Rapid urbanization and industrialization have also positively impacted the market.

Segment Analysis:

Based on type, the high-end lighting market has been segmented into LED lamps, HID lamps, fluorescent lights, and others. Traditionally, HID lights were widely used. However, they are now being replaced by LED lights. LED lights have better longevity than HID lights and they illuminate instantly.

Based on interior design, the market has been divided into modern, traditional, and transitional. There has been a significant rise in the demand for transitional lights, as they make use of both modern as well as traditional lighting. Traditional lighting is used in luxurious hotels and restaurants.

Based on the application, the market has been segmented into wired and wireless. Wired lighting is highly preferred and widely used, as they are cheaper than wireless lighting. Based on end user, the market has been segmented into commercial, residential, industrial, and others. The demand for high-end lighting is more from residential and industrial sectors due to rapid urbanization and industrialization along with increasing disposable incomes of the consumers. Various governments across all major countries such as Canada, Germany, India, UK, etc. have taken initiatives for the adoption of LEDs in order to save energy and reduce environmental pollution

Key Factors Impacting Market Growth:

  • Technological innovations, such as connected, dimmable, color changing, and sensor-enabled lighting
  • Increasing demand for connected lighting and interior designing from consumers
  • High adoption of LEDs to save energy

Regional Analysis:

By region, the high-end lighting market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of high-end lighting market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. The North America high-end 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. 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.

Market Segmentation: 

By Type:

  • LED Lamps
  • HID Lamps
  • Fluorescent Lights
  • Others

By Interior Design:

  • Modern
  • Traditional
  • Transitional

By Application:

  • Wired
  • Wireless

By End User:

  • Commercial
  • Industrial
  • Residential
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Interior Design
    • By Application
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Interior Design
    • By Application
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Interior Design
    • By Application
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Interior Design
    • By Application
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Interior Design
    • By Application
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Interior Design
    • By Application
    • By End User

Companies Covered: Acuity Brands, Inc., Eaton Corporation Plc. , Cree Inc., Digital Lumens, Inc., General Electric Company, Honeywell International Inc., Legrand S.A., Koninklijke Philips N.V., Lutron Electronics Co., Inc., and Streetlight. Vision 

Reasons to Buy This Report:

  • Market size estimation of the global high-end lighting market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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