Market Overview:
The global commercial wall lamp market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing trend of using decorative wall lamps in restaurants, hotels, stores, and other commercial spaces. The global commercial wall lamp market is segmented on the basis of type into absorb dome light, color wall lamp, bed wall lamp, and other types. The absorb dome light segment is expected to account for the largest share of the global commercial wall lamp market in 2018 owing to its high efficiency and low power consumption.
Product Definition:
A commercial wall lamp is a type of light fixture that is typically installed in the interior or exterior walls of a business or commercial property. Commercial wall lamps are often used to provide security and illumination for businesses after dark. They can also be used to accentuate the appearance of a building or property.
Absorb Dome Light:
Absorb Dome Light is a new type of light fixture that has gained popularity in the commercial wall lamp market. It's an innovative design, which consists of a glass globe that houses an LED or CFL within it. The light is produced by the indirect lighting effect created by the reflected lights from the LED/CFL through its outer surface and then fall on to the targeted area.
Color Wall Lamp:
The color wall lamp is a type of lighting fixture that consists of an elongated housing containing one or more light sources. The light emitted by the lamp can be controlled to form a wide spectrum ranging from red, orange, yellow, green, blue and white. The base or the body of the color wall lamp usually has a switch that allows control over all these lights together as one unit.
Application Insights:
The commercial application segment accounted for the largest share of more than 70.0% in 2017. The segment is expected to witness significant growth over the forecast period owing to rising construction activities in various hotels and restaurants across the globe. A well-established hotel or restaurant requires minimal renovation, however, a new build may require extensive refurbishment which will drive demand for wall lamps within this sector over the coming years.
The other application segment includes office buildings, education institutes and museums etc., This application category is estimated to register a CAGR of XX% from 2018 to 2030 on account of increasing adoption of floor lighting solutions that offer aesthetic appeal along with functional requirements such as task illumination at these institutions which are likely to propel product demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global commercial wall lamp market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction activities and rising number of shopping malls, hotels, restaurants and stores. Moreover, growing adoption of energy-efficient lighting solutions will further drive the regional market growth.
Europe accounted for a major share in terms of revenue as well as volume in 2017 due to high demand from countries such as Germany and U.K., which are among the top manufacturing hubs globally along with Italy and France that have some of the most renowned luxury brands across all categories including home decorative lighting fixtures.
Growth Factors:
- Increasing demand from the commercial sector for wall lamps as a source of light and decoration
- Rising awareness about the benefits of using wall lamps in the commercial sector
- Growing popularity of LED technology in wall lamps, which offers energy-efficiency and other benefits
- Proliferation of online retail platforms that offer a wide range of wall lamp options at competitive prices
- Increasing number of interior designers who are incorporating wall lamps into their design schemes
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Wall Lamp Market Research Report
By Type
Absorb Dome Light, Color Wall Lamp, Bed Wall Lamp, Other
By Application
Restaurant, Hotel, Store, Other
By Companies
OPPLE, NVC, Philips, Maxim Lighting, Minka, Nuvo Lighting, Progress Lighting, Lamps Plus, IKEA, OPPLE
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Wall Lamp Market Report Segments:
The global Commercial Wall Lamp market is segmented on the basis of:
Types
Absorb Dome Light, Color Wall Lamp, Bed Wall Lamp, Other
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
Restaurant, Hotel, Store, Other
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:
- OPPLE
- NVC
- Philips
- Maxim Lighting
- Minka
- Nuvo Lighting
- Progress Lighting
- Lamps Plus
- IKEA
- OPPLE
Highlights of The Commercial Wall Lamp 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:
- Absorb Dome Light
- Color Wall Lamp
- Bed Wall Lamp
- Other
- By Application:
- Restaurant
- Hotel
- Store
- Other
- 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 Commercial Wall Lamp 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?
A commercial wall lamp is a type of light fixture used in commercial settings, such as offices and retail stores. Commercial wall lamps typically have a higher wattage than residential wall lamps, making them more powerful and capable of producing a brighter light. They are also typically designed to be more durable than residential fixtures, able to withstand the rigors of daily use in a commercial setting.
Some of the key players operating in the commercial wall lamp market are OPPLE, NVC, Philips, Maxim Lighting, Minka, Nuvo Lighting, Progress Lighting, Lamps Plus, IKEA, OPPLE.
The commercial wall lamp market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Wall Lamp 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 Commercial Wall Lamp Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Wall Lamp 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 Commercial Wall Lamp 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 Commercial Wall Lamp Market Size & Forecast, 2020-2028
4.5.1 Commercial Wall Lamp Market Size and Y-o-Y Growth
4.5.2 Commercial Wall Lamp 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 Absorb Dome Light
5.2.2 Color Wall Lamp
5.2.3 Bed Wall Lamp
5.2.4 Other
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 Restaurant
6.2.2 Hotel
6.2.3 Store
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Wall Lamp 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 Commercial Wall Lamp 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 Absorb Dome Light
9.6.2 Color Wall Lamp
9.6.3 Bed Wall Lamp
9.6.4 Other
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 Restaurant
9.10.2 Hotel
9.10.3 Store
9.10.4 Other
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 Absorb Dome Light
10.6.2 Color Wall Lamp
10.6.3 Bed Wall Lamp
10.6.4 Other
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 Restaurant
10.10.2 Hotel
10.10.3 Store
10.10.4 Other
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 Absorb Dome Light
11.6.2 Color Wall Lamp
11.6.3 Bed Wall Lamp
11.6.4 Other
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 Restaurant
11.10.2 Hotel
11.10.3 Store
11.10.4 Other
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 Absorb Dome Light
12.6.2 Color Wall Lamp
12.6.3 Bed Wall Lamp
12.6.4 Other
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 Restaurant
12.10.2 Hotel
12.10.3 Store
12.10.4 Other
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 Absorb Dome Light
13.6.2 Color Wall Lamp
13.6.3 Bed Wall Lamp
13.6.4 Other
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 Restaurant
13.10.2 Hotel
13.10.3 Store
13.10.4 Other
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 Commercial Wall Lamp Market: Competitive Dashboard
14.2 Global Commercial Wall Lamp Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OPPLE
14.3.2 NVC
14.3.3 Philips
14.3.4 Maxim Lighting
14.3.5 Minka
14.3.6 Nuvo Lighting
14.3.7 Progress Lighting
14.3.8 Lamps Plus
14.3.9 IKEA
14.3.10 OPPLE
