Market Overview:
The global ambient lighting market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting solutions and rising awareness about the benefits of ambient lighting. The global ambient lighting market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into recessed lights, surface mounted lights, suspended lights, track lights, strip lights and others. Recessed Lights are expected to hold a major share in terms of revenue in 2018 owing to their growing popularity among consumers for residential applications across different regions globally.
Product Definition:
Recessed Lights:
Recessed lights is a type of ambient lighting that can be placed in any surface, it's used to illuminate specific areas and highlight particular objects. It's an excellent way to add atmosphere and enhance the ambiance of the room. Recessed lights are also known as ambient lighting or task lighting, it can be used for various applications such as reading, computer work, hobby & craft activities etc.
Surface Mounted Lights:
Surface Mounted Lights (SML) are used to provide ambient lighting. They can be used in commercial and residential applications. SMLs are easy to install, require low power source and have a lifespan of up to 50,000 hours. It is available in different forms such as recessed downlights, uplight or shelf light and suspended pendants with various fittings including suspension cables, cord sets & wires or direct wire connections for the light source.
Application Insights:
The office buildings segment led the global ambient lighting market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Rising demand for LED products as they consume less energy and offer better quality than conventional light sources, such as fluorescent lamps, is anticipated to drive product adoption in this application segment. Moreover, increasing utilization of soft white LEDs that produce little or no heat is expected to further fuel growth over the next few years.
The healthcare segment accounted for more than 15% share of the overall revenue in 2017 owing to rising utilization of LED products due to their high efficiency compared with incandescent bulbs and fluorescent tubes used previously in medical applications. Furthermore, growing awareness about health benefits associated with using natural light has resulted in increased penetration across hospitals & clinics worldwide which has positively impacted industry growth over recent years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing adoption of ambient lighting in commercial and industrial applications. Furthermore, presence of a large number of prominent manufacturers coupled with high disposable income levels among consumers is likely to support regional growth during the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising demand for energy-efficient lighting solutions from end-users such as offices, retail stores, hospitals and restaurants. Increasing penetration of LED lights across this region will further propel industry expansion over this period.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the health benefits of natural light exposure
- Growing popularity of LED lighting fixtures
- Proliferation of smart home technologies and the Internet of Things (IoT)
- Emerging applications for ambient lighting in automotive, healthcare, and other industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Ambient Lighting Market Research Report
By Type
Recessed Lights, Surface Mounted Lights, Suspended Lights, Track Lights, Strip Lights
By Application
Residential, Hospitality and Retail, Healthcare, Industrial, Office Buildings, Automotive
By Companies
Philips Lighting (Netherlands), Cree, Inc. (US), Acuity Brands Lighting Inc. (US), OSRAM Licht GmBH (Germany), Eaton Corporation (US), Hubbell Incorporated (US), GE (US), Thorn Lighting (UK), Nualight Limited (Ireland), Lafit Lighting (IN), Philips Lighting (Netherlands)
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Ambient Lighting Market Report Segments:
The global Ambient Lighting market is segmented on the basis of:
Types
Recessed Lights, Surface Mounted Lights, Suspended Lights, Track Lights, Strip Lights
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, Hospitality and Retail, Healthcare, Industrial, Office Buildings, Automotive
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:
- Philips Lighting (Netherlands)
- Cree, Inc. (US)
- Acuity Brands Lighting Inc. (US)
- OSRAM Licht GmBH (Germany)
- Eaton Corporation (US)
- Hubbell Incorporated (US)
- GE (US)
- Thorn Lighting (UK)
- Nualight Limited (Ireland)
- Lafit Lighting (IN)
- Philips Lighting (Netherlands)
Highlights of The Ambient 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:
- Recessed Lights
- Surface Mounted Lights
- Suspended Lights
- Track Lights
- Strip Lights
- By Application:
- Residential
- Hospitality and Retail
- Healthcare
- Industrial
- Office Buildings
- Automotive
- 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 Ambient 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Ambient lighting is the natural light that surrounds us all day and night.
Some of the major players in the ambient lighting market are Philips Lighting (Netherlands), Cree, Inc. (US), Acuity Brands Lighting Inc. (US), OSRAM Licht GmBH (Germany), Eaton Corporation (US), Hubbell Incorporated (US), GE (US), Thorn Lighting (UK), Nualight Limited (Ireland), Lafit Lighting (IN), Philips Lighting (Netherlands).
The ambient lighting market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ambient Lighting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ambient Lighting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ambient Lighting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ambient Lighting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ambient Lighting Market Size & Forecast, 2020-2028
4.5.1 Ambient Lighting Market Size and Y-o-Y Growth
4.5.2 Ambient Lighting Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Recessed Lights
5.2.2 Surface Mounted Lights
5.2.3 Suspended Lights
5.2.4 Track Lights
5.2.5 Strip Lights
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Hospitality and Retail
6.2.3 Healthcare
6.2.4 Industrial
6.2.5 Office Buildings
6.2.6 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ambient Lighting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ambient Lighting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Recessed Lights
9.6.2 Surface Mounted Lights
9.6.3 Suspended Lights
9.6.4 Track Lights
9.6.5 Strip Lights
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Hospitality and Retail
9.10.3 Healthcare
9.10.4 Industrial
9.10.5 Office Buildings
9.10.6 Automotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Recessed Lights
10.6.2 Surface Mounted Lights
10.6.3 Suspended Lights
10.6.4 Track Lights
10.6.5 Strip Lights
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Hospitality and Retail
10.10.3 Healthcare
10.10.4 Industrial
10.10.5 Office Buildings
10.10.6 Automotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Recessed Lights
11.6.2 Surface Mounted Lights
11.6.3 Suspended Lights
11.6.4 Track Lights
11.6.5 Strip Lights
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Hospitality and Retail
11.10.3 Healthcare
11.10.4 Industrial
11.10.5 Office Buildings
11.10.6 Automotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Recessed Lights
12.6.2 Surface Mounted Lights
12.6.3 Suspended Lights
12.6.4 Track Lights
12.6.5 Strip Lights
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Hospitality and Retail
12.10.3 Healthcare
12.10.4 Industrial
12.10.5 Office Buildings
12.10.6 Automotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Recessed Lights
13.6.2 Surface Mounted Lights
13.6.3 Suspended Lights
13.6.4 Track Lights
13.6.5 Strip Lights
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Hospitality and Retail
13.10.3 Healthcare
13.10.4 Industrial
13.10.5 Office Buildings
13.10.6 Automotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ambient Lighting Market: Competitive Dashboard
14.2 Global Ambient Lighting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips Lighting (Netherlands)
14.3.2 Cree, Inc. (US)
14.3.3 Acuity Brands Lighting Inc. (US)
14.3.4 OSRAM Licht GmBH (Germany)
14.3.5 Eaton Corporation (US)
14.3.6 Hubbell Incorporated (US)
14.3.7 GE (US)
14.3.8 Thorn Lighting (UK)
14.3.9 Nualight Limited (Ireland)
14.3.10 Lafit Lighting (IN)
14.3.11 Philips Lighting (Netherlands)
