Global Ambient Lighting Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Indoor, Outdoor), By End User Industry (Residential, Hospitality, Retail, Automotive, Commercial, Others), And By Geography - Forecasts From 2020 To 2025.

Published:  Mar 2020 Report Code: KSI061611084 Pages: 114

Global ambient lighting market is projected to witness a compound annual growth rate of 7.52% during the forecast period, reaching a total market size of US$115.318 billion in 2025 from US$74.636 billion in 2019.

The rising number of infrastructural projects globally is complementing the ambient lighting market growth coupled with high rate of modernization of the projects. Demand for ambient lighting solutions is estimated to gain momentum over the next five years on account rising demand for energy efficient and smart lighting systems. In addition, ambient lighting market size is expected to expand due to high demand in automotive industries.

The growth of ambient lighting is also aided by favourable government regulations regarding energy-efficient lighting sources in various countries. Ambient lighting systems are often integrated with trending technologies such as IoT thus, increasing the efficiency and competency of these lights. Due to foretold factors, the demand for automation and smart lighting is rising continuously and hence driving the growth of the ambient lighting market for lighting control units.

Various challenges predicted to affect the growth of the global ambient lighting are lack of awareness about payback period, lack of common standards, and high costs involved in replacement of the traditional lighting.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Ambient Lighting value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.

Major industry players profiled as part of the report are Philips Lighting Holdings B.V., Häfele GmbH & Co KG, Acuity Brands Lighting Inc., Wipro Consumer Care & Lighting, OSRAM Licht AG, Eaton Corporation, Cree Inc., Hubbell, General Electric, Zumtobel Group AG, and Selux AG.

Global Ambient Lighting Market Scope:

Report Metric Details
 Market size value in 2019  US$74.636 billion
 Market size value in 2025  US$115.318 billion
 Growth Rate  CAGR of 7.52% from 2019 to 2025
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, End User Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Philips Lighting Holdings B.V., Häfle GmbH & Co KG, Acuity Brands Lighting, Inc, OSRAM Licht AG, Wipro Consumer Care & Lighting, Eaton Corporation, Cree Inc., Hubbell, General Electric, Zumtobel Group AG, Selux AG
 Customization scope  Free report customization with purchase

 

Segmentation

By Type

Indoor

Outdoor

 

By End User Industry

Residential

Hospitality

Retail

Automotive

Commercial

Others

 

By Geography

North America

South America

Europe

Middle East and Africa

Asia-Pacific


Frequently Asked Questions (FAQs)

Q1. What will be the ambient lighting market size by 2025?
A1. The global ambient lighting market is projected to reach a market size of US$115.318 billion by 2025.

Q2. What is the size of global ambient lighting market?
A2. Ambient Lighting market was valued at US$74.636 billion in 2019.

Q3. What are the growth prospects for ambient lighting market?
A3. The ambient lighting market is projected to witness a CAGR of 7.52% during the forecast period.

Q4. Who are the major players in the global ambient lighting market?
A4. Major industry players profiled as part of the report are Philips Lighting Holdings B.V., Häfele GmbH & Co KG, Acuity Brands Lighting Inc., Wipro Consumer Care & Lighting, OSRAM Licht AG, Eaton Corporation, Cree Inc., Hubbell, General Electric, Zumtobel Group AG, and Selux AG.

Q5. What factors are anticipated to drive the ambient lighting market growth?
A5. Demand for ambient lighting solutions is estimated to gain momentum over the next five years on account of rising demand for energy-efficient and smart lighting systems. 

1. Introduction
2. Research Methodology  
2.1. Research Process And Design
2.2. Research Assumptions
3. Executive Summary
4. Market Dynamics
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Buyers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Life Cycle Analysis- Regional Snapshot
4.7. Market Attractiveness
5. Global Ambient Lighting Market By Type
5.1. Indoor
5.2. Outdoor
6. Global Ambient Lighting Market By End User Industry
6.1. Residential
6.2. Hospitality
6.3. Retail
6.4. Automotive
6.5. Commercial
6.6. Others
7. Global Ambient Lighting Market By Geography
7.1. North America
7.2. South America
7.3. Europe
7.4. Middle East And Africa
7.5. Asia Pacific
8. Competitive Intelligence
8.1. Market Share Analysis
8.2. Investment Analysis
8.3. Recent Deals
8.4. Strategies of Key Players
9. Company Profiles
9.1. Philips Lighting Holdings B.V.
9.2. Häfle GmbH & Co KG
9.3. Acuity Brands Lighting, Inc
9.4. OSRAM Licht AG
9.5. Wipro Consumer Care & Lighting
9.6. Eaton Corporation
9.7. Cree Inc.
9.8. Hubbell
9.9. General Electric
9.10. Zumtobel Group AG
9.11. Selux AG
10. List Of Figures
11. List Of Tables
 
Philips Lighting Holdings B.V.
Häfle GmbH & Co KG
Acuity Brands Lighting, Inc
OSRAM Licht AG
Wipro Consumer Care & Lighting
Eaton Corporation
Cree Inc.
Hubbell
General Electric
Zumtobel Group AG
Selux AG

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