The global Decorative Lighting market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%. The residential holds an important share in terms of applications, and accounts for 74% of the market share.
LED Lighting: The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%. This is due to the fact that LEDs are more energy efficient than other types of light sources such as CFLs and incandescent lights. Moreover, LEDs have longer life spans than other types of light sources and are also cost-effective when compared with CFLs and incandescent lights.
CFL Lighting: The segment of CFL lighting has been witnessing significant growth over the past few years owing to its low price point when compared with LEDs or incandescent lights. However, this type is not as energy efficient as LEDs or incandescent lights; hence it has been witnessing declining demand over time due to increasing awareness among consumers about its drawbacks such as high power consumption levels and shorter lifespan when compared with other types such as LED or Incandescent Lights.
Some Of The Growth Factors Of This Market:
- Increasing demand for LED lights in developing countries such as China and India is also driving the growth of this market.
- The increasing awareness about energy efficiency among consumers has led to an increase in demand for LED lights which are more efficient than traditional incandescent or fluorescent lamps.
- Stringent government regulations on power consumption have also led to an increase in demand for LED lights.
- Increasing adoption of decorative lighting solutions across various industries including hospitality, retail, healthcare, education and others.
Industry Growth Insights published a new data on “Decorative Lighting Market”. The research report is titled “Decorative Lighting Market research by Types (LED Lighting, CFL Lighting, Incandescent Lighting, , The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.), By Applications (Residential, Commercial, , The residential holds an important share in terms of applications, and accounts for 74% of the market share., Research Methodology, To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.), By Players/Companies Acuity Brands, Signify, LEDVANCE, GE Lighting, Ideal Industries, Hubbell, Copper, Kichler, Generation Brands, Maxim Lighting, Feit Electric Company, Leviton, Hudson Valley Lighting”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Decorative Lighting Market Research Report
By Type
LED Lighting, CFL Lighting, Incandescent Lighting, , The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
By Application
Residential, Commercial, , The residential holds an important share in terms of applications, and accounts for 74% of the market share., Research Methodology, To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
By Companies
Acuity Brands, Signify, LEDVANCE, GE Lighting, Ideal Industries, Hubbell, Copper, Kichler, Generation Brands, Maxim Lighting, Feit Electric Company, Leviton, Hudson Valley Lighting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Decorative Lighting Market Report Segments:
The global Decorative Lighting market is segmented on the basis of:
Types
LED Lighting, CFL Lighting, Incandescent Lighting, , The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, , The residential holds an important share in terms of applications, and accounts for 74% of the market share., Research Methodology, To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acuity Brands
- Signify
- LEDVANCE
- GE Lighting
- Ideal Industries
- Hubbell
- Copper
- Kichler
- Generation Brands
- Maxim Lighting
- Feit Electric Company
- Leviton
- Hudson Valley Lighting
Highlights of The Decorative Lighting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LED Lighting
- CFL Lighting
- Incandescent Lighting
- The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
- By Application:
- Residential
- Commercial
- The residential holds an important share in terms of applications, and accounts for 74% of the market share.
- Research Methodology
- To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Decorative Lighting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Decorative lighting is a type of lighting that is used to add an aesthetic or functional element to a room. It can be used for tasks such as highlighting objects, providing illumination, or adding interest.
Some of the major companies in the decorative lighting market are Acuity Brands, Signify, LEDVANCE, GE Lighting, Ideal Industries, Hubbell, Copper, Kichler, Generation Brands, Maxim Lighting, Feit Electric Company, Leviton, Hudson Valley Lighting.
The decorative lighting market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Decorative Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Decorative Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Decorative Lighting Market - Supply Chain
4.5. Global Decorative Lighting Market Forecast
4.5.1. Decorative Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Decorative Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Decorative Lighting Market Absolute $ Opportunity
5. Global Decorative Lighting Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Decorative Lighting Market Size and Volume Forecast by Type
5.3.1. LED Lighting
5.3.2. CFL Lighting
5.3.3. Incandescent Lighting
5.3.5. The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Decorative Lighting Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Decorative Lighting Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.4. The residential holds an important share in terms of applications, and accounts for 74% of the market share.
6.3.5. Research Methodology
6.3.6. To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Decorative Lighting Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Decorative Lighting Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Decorative Lighting Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Decorative Lighting Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Decorative Lighting Demand Share Forecast, 2019-2026
9. North America Decorative Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Decorative Lighting Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Decorative Lighting Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.4. The residential holds an important share in terms of applications, and accounts for 74% of the market share.
9.4.5. Research Methodology
9.4.6. To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Decorative Lighting Market Size and Volume Forecast by Type
9.7.1. LED Lighting
9.7.2. CFL Lighting
9.7.3. Incandescent Lighting
9.7.5. The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Decorative Lighting Demand Share Forecast, 2019-2026
10. Latin America Decorative Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Decorative Lighting Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Decorative Lighting Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.4. The residential holds an important share in terms of applications, and accounts for 74% of the market share.
10.4.5. Research Methodology
10.4.6. To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Decorative Lighting Market Size and Volume Forecast by Type
10.7.1. LED Lighting
10.7.2. CFL Lighting
10.7.3. Incandescent Lighting
10.7.5. The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Decorative Lighting Demand Share Forecast, 2019-2026
11. Europe Decorative Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Decorative Lighting Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Decorative Lighting Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.4. The residential holds an important share in terms of applications, and accounts for 74% of the market share.
11.4.5. Research Methodology
11.4.6. To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Decorative Lighting Market Size and Volume Forecast by Type
11.7.1. LED Lighting
11.7.2. CFL Lighting
11.7.3. Incandescent Lighting
11.7.5. The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Decorative Lighting Demand Share, 2019-2026
12. Asia Pacific Decorative Lighting Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Decorative Lighting Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Decorative Lighting Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.4. The residential holds an important share in terms of applications, and accounts for 74% of the market share.
12.4.5. Research Methodology
12.4.6. To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Decorative Lighting Market Size and Volume Forecast by Type
12.7.1. LED Lighting
12.7.2. CFL Lighting
12.7.3. Incandescent Lighting
12.7.5. The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Decorative Lighting Demand Share, 2019-2026
13. Middle East & Africa Decorative Lighting Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Decorative Lighting Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Decorative Lighting Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.4. The residential holds an important share in terms of applications, and accounts for 74% of the market share.
13.4.5. Research Methodology
13.4.6. To compile the detailed study of the global Decorative Lighting market, a robust research methodology has been adopted that aids in determining the key insights and also evaluates the growth prospects of the Decorative Lighting market. QY Research analysts have conducted in-depth primary and secondary research to obtain crucial insights into the Decorative Lighting market. To carry out secondary research, the analysts have collected the information through company annual reports, journals, company press releases, and paid databases that were referred to gain and identify better opportunities in the global market.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Decorative Lighting Market Size and Volume Forecast by Type
13.7.1. LED Lighting
13.7.2. CFL Lighting
13.7.3. Incandescent Lighting
13.7.5. The segment of LED lighting holds a comparatively larger share in global market, which accounts for about 58%.
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Decorative Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Decorative Lighting Market: Market Share Analysis
14.2. Decorative Lighting Distributors and Customers
14.3. Decorative Lighting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Acuity Brands
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Signify
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LEDVANCE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE Lighting
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ideal Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hubbell
14.4.6
