Global Architectural Lighting Market By Light Type (Light-Emitting Diode (LED), High-Intensity Discharge (HID), & Other Light Type), By Application (Indoor & Outdoor), By End-User (Residential & Commercial), By Region and Companies- Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032
- Published date: Dec 2021
- Report ID: 65190
- Number of Pages: 320
- Format:
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Architectural Lighting Market Overview:
The market for Architectural Lighting was worth USD 8,551.9 million in 2021. It is projected to grow at a CAGR of 6.3% between 2023 and 2032.
This market will be driven by the growing demand for well-lit spaces with attractive lighting to enhance interior artifacts, and corners. Architectural lighting has been favored by consumers for its cost savings, reliability, durability, adjustable illumination power, and longer life expectancy.
Architectural lighting is increasingly being adopted in both residential and commercial sectors due to the need to illuminate walkways, corridors, staircases, gardens, parking lots, walkways, and other areas.
Global Architectural Lighting Market Scope:
Light Type Analysis
The market is divided by light type into light-emitting devices (LED), high-intensity discharge (HID) & other segments. In 2021, the LED light type segment was worth USD 4,556.2 million and is estimated to grow at 12.2% between 2023-2032. This is due to the availability of attractive LED lighting fixtures and lower energy consumption. The increasing use of LED in architectural lighting permits it to be integrated into façade lighting, decorative pendant, recessed flooring light, chandelier lights, and strip lighting.
With the rapid development of LED lighting, the industry saw a dramatic transformation. This led to a decrease in market share for compact fluorescent lamps (CFL), fluorescent lamps, and linear fluorescent light (LFL). For better lighting, there are many types of HID lights that can be used in parking lots & auditoriums. These include mercury vapor, metal-halide lamps, and low-pressure sodium, ceramic halide lamps & xenon short arc lamps.
Due to their shorter lifespans and higher emission of ultraviolet radiation, HID lights have seen a decrease in demand. HID lights can be omnidirectional so accessories are required to focus or reflect the light. Additional parts are not only more expensive but also bulky.
Application Analysis
The market for architectural lighting has been divided into two segments based on its application. Indoor lighting is used to illuminate the vertical walls, horizontal walls, surface corners, stairs, large rooms, hallways, corridors, and room curves. Outdoor lighting can be used on exterior walls, stairs, and patios. Due to the use of more lights within the building’s interior, the indoor segment is the most lucrative.
Indoor spaces also require different lighting options, including retrofits, wall lighting, wall wash lights, pendants & chandeliers to enhance the ambiance. This has led to an increase in the indoor segment. The integration of IoT in lights has also fueled the demand for indoor architectural lighting.
Over 12.6% growth is expected for the outdoor segment during the estimated period. This is due to increased demand for lighting the exterior walls of buildings, parking areas at IT parks, & residential gardens. The outdoor lighting market is driven by the need to provide a well-lit environment around buildings. This ensures the safety and enhances the building’s exterior architecture.
End-User Analysis
The market can be divided into residential & commercial segments based on end-user. The commercial is expected to continue to be the largest revenue contributor for the estimated period. The segment’s growth is being driven by the increasing use of lighting to enhance the interior & exterior architectural beauty of commercial buildings like museums, IT parks, airports, hotels, and spas as well as resorts, restaurants, and hotels. The demand for architectural LED lighting in commercial buildings has been driven by its low cost and energy consumption.
Over the estimated period, the residential segment will grow at 12.6% faster. Architectural lighting was first used in high-end flats and villas. The rise in purchasing power parity (PPP), however, has led to a better standard of living and positively impacted the growth of residential segments. The residential sector has seen a remarkable trajectory due to the falling cost of LED fixtures. This trend is projected to continue over the estimated period.
Key Market Segments:
By Light Type
- Light-Emitting Diode (LED)
- High-Intensity Discharge (HID)
- Other Light Type
By Application
- Indoor
- Outdoor
By End-User
- Residential
- Commercial
Market Dynamics:
These technology-enabled, cost-effective fixtures and lamps have been a draw in luxury houses, restaurants, offices, and hotels. Light bulb sources have been transformed from fluorescent to HID and LED to OLED. This allows for increased light application and lowers energy consumption.
OLEDs and LEDs use lens technology to optimize fixtures photometrically to direct light in the right direction. Further design of fixtures was possible thanks to the improved lighting source. These fixtures could be incorporated into the ceiling cove, which reduces direct light and creates a soft lighting atmosphere.
The forecast period will see technological advances in lighting solutions manufacturing.
This market is driven by growing demand for and increased use of LED bulbs in fixtures and lamps for commercial and residential buildings. The design flexibility and application of LEDs in architectural lighting fixtures have been improved.Communicative lighting is the use of architectural lighting to communicate information to the outside world. It also enhances the exterior character and functionality of buildings. Another important factor driving the adoption of architectural lighting is the demand for medialized or communicative lighting in tall buildings and skyscrapers.
Vendors face a challenge in developing the optimal architectural lighting solution that meets all requirements. Market growth is limited by the high overhead costs of customization and installation. The market growth is expected to be boosted by the lower pricing of LED Lighting.
Regional Analysis
The Asia Pacific dominated the architectural lighting market with a share of 42.3% in 2021. This region is expected to have the largest market share over the forecast period. There are more than 40 countries in the region, most of which have been identified by the United Nations as either developing or under-developed.
Innovative lighting solutions are required for infrastructure development in high-end residential and commercial buildings in Asia’s developing countries. This is driving the demand for attractive interiors & exterior lighting. India’s growing lifestyle, disposable income growth, and the availability of affordable architectural lights are all driving this market.
The market in Europe is estimated to grow at a substantial CAGR during the forecast period. This is due to the increasing adoption of energy-efficient lighting systems and advanced control systems throughout Europe. Market growth is estimated to be driven by the ever-increasing need for modern architectural lighting systems with temperature control features. This can be used in areas like homes and restaurants, theatres, museums, and hotels.
Key Regions and Countries covered in the report:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
Acuity Brands Lighting Inc., Hubbell, GE Current, Siteco GmbH, Ideal Industries Inc., Technical Consumer Products Inc., Delta Light, Signify Holdings, and Zumtobel Group AG, are some of the prominent competitors in this market. These companies offer unique and affordable lighting fixtures for both indoor & outdoor applications, catering to the growing demand for architectural lighting in the residential and commercial sectors.
To strengthen their market position, vendors have chosen to use a combination of organic and inorganic growth strategies. K-LITE Industries, for instance, launched new LED architectural lighting in February 2020.
Market Key Players:
- Acuity Brands Lighting Inc.
- Ideal Industries Inc.
- Hubbell
- Delta Light
- GE Current
- Technical Consumer Products Inc.
- Siteco GmbH
- Signify Holdings
- Zumtobel Group AG
- Other Key Players
For the Architectural Lighting Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the Architectural Lighting market in 2021?A: The Architectural Lighting market size is US$ 8,551.9 million in 2021.
Q: What is the projected CAGR at which the Architectural Lighting market is expected to grow at?A: The Architectural Lighting market is expected to grow at a CAGR of 6.3% (2023-2032).
Q: List the segments encompassed in this report on the Architectural Lighting market?A: Market.US has segmented the Architectural Lighting Market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By light type, the market has been segmented into Light-Emitting Diode (LED), High-Intensity Discharge (HID), & Other Light Type; by application, the market has been segmented into Indoor & Outdoor, and the end-user market has been segmented into Residential & Commercial.
Q: List the key industry players of the Architectural Lighting market?A: Acuity Brands Lighting Inc., Ideal Industries Inc., Hubbell, Delta Light, GE Current, Technical Consumer Products Inc., Siteco GmbH, Signify Holdings, Zumtobel Group AG, and Other Key Players are the key vendors in the Architectural Lighting market.
Q: Which region is more appealing for vendors employed in the Architectural Lighting market?A: Asia Pacific accounted for the highest revenue share of 42.3%. Therefore, the Architectural Lighting industry in Asia Pacific is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for the Architectural Lighting Market.A: The US, Canada, U.K., Germany, France, China, India, Japan, Brazil, Mexico, etc., are leading key areas of operation for Architectural Lighting Market.
Q: Which segment accounts for the greatest market share in the Architectural Lighting industry?A: With respect to the Architectural Lighting industry, vendors can expect to leverage greater prospective business opportunities through the Commercial segment, as this area of interest accounts for the largest market share.
Architectural Lighting MarketPublished date: Dec 2021add_shopping_cartBuy Now get_appDownload Sample - Acuity Brands Lighting Inc.
- Ideal Industries Inc.
- Hubbell
- Delta Light
- GE Current
- Technical Consumer Products Inc.
- Siteco GmbH
- Signify Holdings
- Zumtobel Group AG
- Other Key Players
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