Market Overview:
The global wall lights market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions, growing awareness about LED lighting, and rising demand from commercial applications. The global wall lights market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into halogen lamp, LED lamp, fluorescent lamp, and other lamps. The LED lamps segment is expected to grow at a highest CAGR during the forecast period owing to its energy efficiency and long life span as compared to other types of lamps available in the market. On the basis of application,the global wall lightsmarketis divided into household applicationsand commercial applications .
Product Definition:
Wall lights are supplemental lighting fixtures that are affixed to walls. They provide general illumination and may be used to highlight specific features in a room. Wall lights are typically used in conjunction with other types of lighting, such as ceiling lights or table lamps.
Halogen Lamp:
Halogen lamp is a gas-discharge lamp made up of tungsten filament and filled with krypton or natural gas. It produces light by way of an electric arc created between the filament and the ballast. The light produced by halogen lamps has a higher color rendering index as compared to incandescent lamps, which makes them suitable for use in decorative lighting applications.
LED Lamp:
LED lamps are the latest innovation in lighting technology. They have a number of advantages over conventional lights such as lower energy consumption, longer life span, and better quality light. LED lamps produce less heat while operating which makes them safer to use. The most important advantage is that they do not contain any harmful substances like mercury and thus can be recycled after a period of time.
The wall light is an essential utility item used in households for illumination purposes along with decorative purposes too.
Application Insights:
The commercial application segment dominated the global market, accounting for more than 60.0% share of the total revenue in 2017. The growth of the commercial sector is directly proportional to economic development and increasing business activities in a particular region or country. In developing countries, such as India and China, where manufacturing activities are growing rapidly at both domestic as well as offshore levels owing to low cost structure and flexible regulations, this industry is expected to grow significantly over the forecast period.
Household application accounted for more than 40% share of global revenue in 2017 due to rising demand from residential consumers across various regions including North America.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization and a growing number of construction activities, which are driving the demand for light-emitting diodes in countries such as China, India, Japan, South Korea, Singapore among others. Moreover, increasing disposable income levels coupled with rising consumer awareness regarding energy conservation will drive regional growth over the next eight years.
The European market was valued at USD X billion in 2017 owing to high demand from residential applications particularly from Germany and U.K.
Growth Factors:
- Increasing demand from the commercial sector for wall lights as a source of ambient lighting
- Rising popularity of LED technology in wall lights, which offers energy-efficiency and longer life spans than traditional light sources
- Growing trend of home automation and smart homes, which has led to an increase in demand for connected and controllable wall lights
- Proliferation of online retail channels, making it easier for consumers to purchase wall lights directly from manufacturers or retailers
- Increasing awareness about the benefits of using wall lights for interior decoration and design
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall Lights Market Research Report
By Type
Halogen Lamp, LED Lamp, Fluorescent Lamp, Other
By Application
Household, Commercial, Other
By Companies
Artemide, Crenshaw, Maxim Lighting, GriplockSystems, Foscarini, Besa Lighting, Kichler Lighting, Brokis, Hinkley Lighting, Kuzco Lighting, Original BTC, Marset, PureEdge Lighting, WAC Limited, ELK Group International (EGI), Whitfield 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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Wall Lights Market Report Segments:
The global Wall Lights market is segmented on the basis of:
Types
Halogen Lamp, LED Lamp, Fluorescent 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
Household, Commercial, 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:
- Artemide
- Crenshaw
- Maxim Lighting
- GriplockSystems
- Foscarini
- Besa Lighting
- Kichler Lighting
- Brokis
- Hinkley Lighting
- Kuzco Lighting
- Original BTC
- Marset
- PureEdge Lighting
- WAC Limited
- ELK Group International (EGI)
- Whitfield Lighting
Highlights of The Wall Lights 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:
- Halogen Lamp
- LED Lamp
- Fluorescent Lamp
- Other
- By Application:
- Household
- Commercial
- 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 Wall Lights 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?
Wall lights are typically a small, decorative light fixture that is attached to the wall near a door or window. They come in many different styles and can be used for a variety of purposes, such as adding brightness and style to a room, providing natural light during nighttime hours, or serving as an accent piece.
Some of the key players operating in the wall lights market are Artemide, Crenshaw, Maxim Lighting, GriplockSystems, Foscarini, Besa Lighting, Kichler Lighting, Brokis, Hinkley Lighting, Kuzco Lighting, Original BTC, Marset, PureEdge Lighting, WAC Limited, ELK Group International (EGI), Whitfield Lighting.
The wall lights market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wall Lights 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. Wall Lights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wall Lights Market - Supply Chain
4.5. Global Wall Lights Market Forecast
4.5.1. Wall Lights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wall Lights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wall Lights Market Absolute $ Opportunity
5. Global Wall Lights 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. Wall Lights Market Size and Volume Forecast by Type
5.3.1. Halogen Lamp
5.3.2. LED Lamp
5.3.3. Fluorescent Lamp
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wall Lights 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. Wall Lights Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wall Lights 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. Wall Lights 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 Wall Lights 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. Wall Lights 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 Wall Lights Demand Share Forecast, 2019-2026
9. North America Wall Lights 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 Wall Lights 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 Wall Lights Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wall Lights Market Size and Volume Forecast by Type
9.7.1. Halogen Lamp
9.7.2. LED Lamp
9.7.3. Fluorescent Lamp
9.7.4. Other
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 Wall Lights Demand Share Forecast, 2019-2026
10. Latin America Wall Lights 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 Wall Lights 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 Wall Lights Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wall Lights Market Size and Volume Forecast by Type
10.7.1. Halogen Lamp
10.7.2. LED Lamp
10.7.3. Fluorescent Lamp
10.7.4. Other
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 Wall Lights Demand Share Forecast, 2019-2026
11. Europe Wall Lights 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 Wall Lights 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 Wall Lights Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wall Lights Market Size and Volume Forecast by Type
11.7.1. Halogen Lamp
11.7.2. LED Lamp
11.7.3. Fluorescent Lamp
11.7.4. Other
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 Wall Lights Demand Share, 2019-2026
12. Asia Pacific Wall Lights 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 Wall Lights 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 Wall Lights Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wall Lights Market Size and Volume Forecast by Type
12.7.1. Halogen Lamp
12.7.2. LED Lamp
12.7.3. Fluorescent Lamp
12.7.4. Other
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 Wall Lights Demand Share, 2019-2026
13. Middle East & Africa Wall Lights 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 Wall Lights 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 Wall Lights Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wall Lights Market Size and Volume Forecast by Type
13.7.1. Halogen Lamp
13.7.2. LED Lamp
13.7.3. Fluorescent Lamp
13.7.4. Other
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 Wall Lights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wall Lights Market: Market Share Analysis
14.2. Wall Lights Distributors and Customers
14.3. Wall Lights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Artemide
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Crenshaw
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maxim Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GriplockSystems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Foscarini
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Besa Lighting
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kichler Lighting
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Brokis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hinkley Lighting
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kuzco Lighting
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Original BTC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Marset
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. PureEdge Lighting
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. WAC Limited
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ELK Group International (EGI)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Whitfield Lighting
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook