Global Architectural Lighting Industry (2020 to 2027) – Market Trajectory & Analytics

DUBLIN, May 28, 2021 /PRNewswire/ — The “Architectural Lighting – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

Amid the COVID-19 disaster, the worldwide marketplace for Architectural Lighting estimated at US$8 Million within the 12 months 2020, is projected to succeed in a revised dimension of US$11.8 Million by 2027, rising at a CAGR of 5.8% over the evaluation interval 2020-2027.

Light Emitting Diode, one of many segments analyzed within the report, is projected to file a 6.1% CAGR and attain US$5.6 Million by the tip of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the High Intensity Discharge section is readjusted to a revised 5.4% CAGR for the following 7-year interval.

The U.S. Market is Estimated at $2.2 Million, While China is Forecast to Grow at 9.4% CAGR

The Architectural Lighting market within the U.S. is estimated at US$2.2 Million within the 12 months 2020. China, the world`s second largest financial system, is forecast to succeed in a projected market dimension of US$2.6 Million by the 12 months 2027 trailing a CAGR of 9.4% over the evaluation interval 2020 to 2027. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 3.1% and 4.6% respectively over the 2020-2027 interval. Within Europe, Germany is forecast to develop at roughly 4% CAGR.

Other Light Types Segment to Record 5.6% CAGR

In the worldwide Other Light Types section, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this section. These regional markets accounting for a mixed market dimension of US$1.4 Million within the 12 months 2020 will attain a projected dimension of US$2 Million by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by international locations corresponding to Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in US$1.6 Million by the 12 months 2027, whereas Latin America will broaden at a 6% CAGR by the evaluation interval.

Select Competitors (Total 35 Featured):

  • Acuity Brands Lighting, Inc.
  • Cooper Industries PLC
  • Cree Inc.
  • Cree Lighting
  • Epistar Corporation
  • Feilo Sylvania
  • Galaxia
  • GE Lighting LLC
  • General Electric Company
  • GRIVEN S.r.l.
  • OSRAM GmbH
  • Osram Licht AG
  • Philips Lighting Holding B.V.
  • Samsung Electronics
  • Seoul Semiconductor Co., Ltd
  • Signify Holding
  • TCP International Holdings Ltd.
  • Toshiba Lighting & Technology Corporation
  • Verbatim Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION

  • Total Companies Profiled: 35

For extra details about this report go to https://www.researchandmarkets.com/r/hfihkj

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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