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2023
Ambient Lighting Market

Ambient Lighting Market

By Offering (Lamps & Luminaires and Lighting Controls), Type (Surface Mounted Lights, Suspended Lights, Track Lights, Strip Lights, and Recessed Lights), End User (Residential, Hospitality & Retail, Healthcare, Enterprise, and Automotive), and Industry Vertical (Building & Construction, IT &Telecom, Healthcare, Aerospace & Defense, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

Report Code: A08841
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Mar 2023 | 2393 Views
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Ambient Lighting Market Outlook – 2027

Ambient light is typically perceived as the preliminary point for a room or space. It makes up the amount of lightat the core of a room. It is the foundation used by designers, engineers, and contractors to start looking at the best way of lighting a room. It can come from recessed down-lamps mounted on the ceiling, ceiling lights mounted on the ceiling surface, or a table and floor lamps.

These types of fixtures characteristically creates an ambience of vibrant lighting and offers a premium showcase. In recent years, rising concerns about global climate change have led to the implementation of various energy efficiency rules and regulations. Increasing inefficiency of incandescent bulbs is making these solutions a preferred option, owing to excess heat generation, thus helping growth of the market for ambient lighting.

The global ambient lighting market is segmented on the basis of offering, type, end user, industry vertical, and region. Based on offering, the ambient lighting market is divided into lamps & luminaires and lighting controls. In terms of type, the market is categorized into surface mounted lights, suspended lights, track lights, strip lights, and recessed lights.

On the basis of end user, the market is divided residential, hospitality & retail, healthcare, enterprise, and automotive.In terms of industry vertical, the market is categorized into building & construction, IT & telecom, healthcare, aerospace & defense, industrial, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

COVID-19 ScenarioAnalysis

  • Global ambient lighting market has been significantly impacted by the COVID-19 outbreak. New projects throughout the world have stalled, which, in turn, have led to decline in demand for analog semiconductors.

  • Global factories have struggled to integrate new ambient lightings as workers have stayed in their homes, which disrupted the global supply chains.

  • The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for ambient lightings are gradually going to increase. 

  • This COVID-19 lockdown would help companies think about more advanced ambient lightings to enhance efficiency.

Top Impacting Factors

Growth in adoption for automated and connected lighting drives the ambient lighting market industry. In addition, rise in penetration of ambient lightings across diverse end-use sectors such as retail, hospitality, corporate buildings & offices, industrial, and healthcare to enhance entire experience.

Further, advancements in lighting sector also catalyzes demand for ambience lighting in office places and corporate sector. These lighting systems designed with latest technology offer advantages such as low maintenance & operational costs, reduced installation costs and improved mobility due to wireless control, thereby boosting growth of the demand for ambient lighting.

Light Emitting Diode (LED) Lamps and Luminaires to Boost the Ambient Lighting Market

LED lighting systems use a lot lower percentage of energy to generate the equivalent intensity of light by cold cathode fluorescent lamps and compact fluorescent lamps. LEDs have therefore replaced CFLs and CCFLs upto a major percentage and is expected to completely replace them over the coming years. This latest trend is expected in the near future to drive the market for ambient lighting.

In addition, the LEDs are neutral and UV-free, making it more suitable for indoor lighting. Therefore, they are suitable for people with photoreactive illness. The LED-emitted rays are safe. Additionally, the market for ambient lighting is driven primarily by advantageous features offered by LED lights such as smaller size, flexibility in design,longer life span, increased energy efficiency, increased physical strength, and environmental friendliness.

Asia-Pacific is the Fastest Growing Region in theMarket

Due to rampant infrastructure-building activities in the emerging economies, such as China and India, Asia-Pacific is experiencing the fastest growth. In addition, various governments in the region also focus on implementation of stringent energy efficiency regulations and legislation. This thus further supports growth of the market for ambient lighting in this region. Furthermore, these lights are also used in automotive lighting systems. India, China, Japan, and South Korea are some of the major vehicle manufacturing nations, offering the automotive lighting industry growth opportunities.

Ambient lighting market players have attempted to incorporate lighting systems in display devices such as TVs, smartphones, PCs, and laptops, thereby enabling eyes to remain oriented. Growth incompetition among major players to deliver advanced technology-based solutions in the market for ambient lighting is increasingly making them invest in R&D. Using panels designed with materials to charge a mobile phone and capture indoor ambient light is one of the strategies that the key market players in the market have adopted to gain competitive advantages.

Key Benefits of the Report

  • This study presents the analytical depiction of the global ambientlighting industry along with the current trends and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the globalambientlighting market share.

  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global ambientlighting market growth scenario.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

  • The report provides a detailed global ambientlighting market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in theAmbient Lighting Market Research Report

  • Which are the leading market players active in the ambientlighting market forecast?

  • What would be the detailed impact of COVID-19 on the ambientlighting market size?

  • What current ambientlighting markettrends would influence the market in the next few years?

  • What are the driving factors, restraints, and opportunities in the ambientlighting market?

  • What are the projections for the future that would help in taking further strategic steps?

Ambient Lighting Market Report Highlights

Aspects Details
By Offering
  • Lamps and Luminaires
  • Lighting Controls
  • Surface Mounted Lights
By Type
  • Suspended Lights
  • Track Lights
  • Strip Lights
  • Recessed Lights
By End User
  • Residential
  • Hospitality and Retail
  • Healthcare
  • Office Building
  • Automotive
By Industry Vertical
  • Building & Construction
  • IT & Telecom
  • Healthcare
  • Aerospace & Defense
  • Industrial
  • Others
By Region
  • North America  (Canada, Mexico, US)
  • Europe  (France, Germany, UK, rest of Europe)
  • Asia-Pacific  (China, India, Japan, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Africa, Latin America, Middle East)
Key Market Players Phillips Lighting Holding B.V., General Electric Company, OSRAM Licht AG, Cree, Inc., Acuity Brands, Inc., Bridgelux, Inc., Energy Focus, Inc., Toyoda Gosei Co., Ltd, TCP International Holdings Ltd., Thorn Lighting
 

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