Global Architectural Lighting Market by End User (Residential, Commercial), by Light Type (LED, HID) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2019, the global market for architectural lighting was worth USD 7.8 millions. The market is expected to grow at 6.1% CAGR over the forecast period. This market will be driven by the growing demand for well-lit spaces with attractive lighting to enhance interior artifacts, corners, and corners. Architectural lighting has been favored by consumers for its cost-savings, reliability, affordability, 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, corridors, and other areas.

These technology-enabled, cost-effective fixtures and lamps have been a big draw in offices, luxury houses, hotels, restaurants, and other establishments. Light bulb sources have been transformed from fluorescent to HID and LED to OLED. This allows for increased light application and lower energy consumption. OLEDs and LEDs use lens technology to optimize fixtures photometrically to direct light in the right direction. This improved lighting source was further used to design fixtures that fit in the ceiling cove. This reduces direct light levels and creates a soft lighting atmosphere. The forecast period will see technological advances in lighting solutions manufacturing.

This market is driven by the increasing demand for and use of LED bulbs in fixtures and lamps for commercial and residential buildings. The design flexibility and application of LEDs in architectural lighting fixtures has been improved. Communicative lighting is the use of architectural lighting to communicate information to the outside world. It also enhances the exterior character and its usage. Another important factor driving the adoption of architectural lightings is the demand for medialized or communicative lighting in tall buildings and skyscrapers.

Vendors face a challenge in developing the right 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 over the forecast period.

Light Type Insights

The market is divided by light type into high-intensity discharge and light emitting diode. In 2019, the LED light type market accounted for USD 3.6 billion. It is projected to grow at 12.5% between 2020 and 2027. This is due to lower energy consumption and the availability of attractive LED lighting fixtures. The LED lighting fixtures can be integrated into architectural lighting in indoor and outdoor areas, such as facade lighting, recessed lighting, decorative pendants, chandelier lights, strip lighting, 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), linear fluorescent lights (LFL) and HID. For better lighting, there are many types of HID lights that can be used in parking lots and auditoriums. These include mercury vapor, low-pressure sodium and metal-halide lamps, ceramic metal-halide lamps, and short-arc lamps. Due to the shorter lifespan 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 can also be bulky.

Application Area Insights

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, surfaces corners, stairs, large rooms, curves, hallways, and corridors. Outdoor applications include exterior fencing walls, stairs, and patio. Due to the use of more lights within the interior spaces of buildings, the indoor segment is the most lucrative. Indoor spaces also require different lighting options, including retrofits, wall lighting, wall wash lights, pendants and chandeliers to enhance the ambience. This has contributed to the rise of the indoor segment. The integration of IoT in lights has also fueled the demand for indoor architectural lighting.

Over 12.8% growth is expected for the outdoor segment during the forecast period. This is due to increased demand for lighting the exterior walls of buildings, parking areas at IT parks, and residential gardens. The outdoor lighting market is driven by the need to provide a well-lit environment around buildings. This ensures safety and enhances the building's exterior architecture. Some of the most notable buildings for their outstanding exterior architectural lighting include Burj Khalifa (Dubai), Chrysler Building, New York, Taipei 101, Empire State Building, New York, Eiffel Tower (Paris), CHUNGHA BOUILDING (Seoul), South Korea).

End-user insights

The market can be divided into residential and commercial segments based on end-user. Commercial is expected to continue to be the largest revenue contributor for the forecast period, and will likely reach USD 9.6 trillion by 2027. The segment's growth is being driven by the increasing use of lighting to enhance the interior and exterior architectural beauty commercial buildings like museums, airports and IT parks, hotels, spas and resorts, and restaurants. The demand for architectural LED lighting in commercial buildings has been driven by its low cost and energy consumption.

Over the forecast period, the residential segment will grow at 12.9% 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 expected to continue over the forecast period.

Regional Insights

The market in Asia Pacific was valued at USD 3,5 billion in 2019. 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 and exterior lighting. India's market is also being driven by the rising standard of living, increased disposable income, and access to affordable architectural lighting.

The market in Europe is expected 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 expected to be driven by the ever-increasing need for modern architectural lighting systems with temperature control features. This can be used in areas such as homes and restaurants, theatres, museums and hotels. Market progress has been made possible by the contributions of many prominent organizations, including the Association des Concepteurs Lumiere et Eclairagistes in France, the Associazione Proffessionisti dell’ Illuminazione in Italy, Schweizerische Licht Gesellschaft in Switzerland, and Hellenic Illumination Committee in Greece.

Market Share Insights & Key Companies

Acuity Brands Lighting Inc., IDEAL INDUSTRIES Inc., Hubbell, Delta Light, GE Current, a Daintree Company; Technical Consumer Products, Inc., Siteco GmbH, Signify Holdings, Zumtobel Group AG, GVA Lighting are some of the prominent competitors in this market. These companies offer unique and affordable lighting fixtures for both indoor and 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. This included billboard lighting and sleek polar lighting. Facade lighting is also available.

Architectural Lighting Market Report Scope

The Report Covers Certain Segments

This report provides a forecast of revenue growth at the global, regional and country level and analyzes the most recent industry trends in each sub-segment from 2016 to 2027. Grand View Research segmented the global market report on architectural lighting based on light type, end users, and application areas.

• Light Type Outlook (Revenue USD Million, 2016-2027)

  • Light-Emitting Diode (LED)

  • High-Intensity Discharge (HID)

  • Other

• Outlook for Application Area (Revenue, USD million, 2016-2027)

  • Indoor

  • Outdoor

• End-User Outlook (Revenue USD Million, 2016-2027)

  • Residential

  • Commercial

• Regional Outlook (Revenue USD Million 2016-2027)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • India

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa (MEA)

These are the most frequently asked questions about this report

b. The global market for architectural lighting was valued at USD 7.8 million in 2019, and is forecast to grow to USD 8.1 billion by 2020.

b. Global architectural lighting market will grow at 6.1% compound annual growth rate between 2020 and 2027, to reach USD 12.2 Billion by 2027.

b. With a 44.7% share in 2019, Asia Pacific was the dominant market for architectural lighting. This can be attributed to infrastructure development in developing Asian countries, including commercial buildings and public spaces.

b. Acuity Brands Lighting Inc., IDEAL INDUSTRIES Inc., Hubbell, Delta Light, GE Current, a Daintree Company; Technical Consumer Products, Inc., Siteco GmbH, Signify Holdings, Zumtobel Group AG.

b. The market is driven by key factors such as cost-savings, affordability, reliability and adjustable illumination power. They also require a well-lit space with attractive lighting to enhance the corners and artifacts.

Up Market Research published a new report titled “Architectural Lighting Market research report which is segmented by End User (Residential, Commercial), by Light Type (LED, HID), By Players/Companies in-ground luminaire, Acuity Brands Lighting Inc; IDEAL INDUSTRIES INC; Hubbell, pathway lighting solutions, Delta Light, GVA Lighting The companies are offering affordable and unique design fixtures for indoor and outdoor applications catering to the demand for architectural lighting across the commercial and residential sectors Moreover, in February 2020, wall washers, including billboard lighting, up-down lighting, GE Current, uplight, the vendors have opted for a mix of inorganic and organic growth strategies to strengthen their market position For instance, facade lighting, K-LITE Industries launched new series of LED architectural lighting, Inc; Siteco GmbH, Zumtobel Group AG, Signify Holdings, sleek polar lighting, a Daintree company; Technical Consumer Products, area lighting poles vertical light bars”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Architectural Lighting Market Report Segments:

The market is segmented by End User (Residential, Commercial), by Light Type (LED, HID).

Architectural Lighting Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Architectural Lighting Market

Overview of the regional outlook of the Architectural Lighting Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Architectural Lighting Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Architectural Lighting Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Residential

                2. Commercial

                1. LED

                2. HID

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Architectural Lighting 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 2028.

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Reasons to Purchase the Architectural Lighting Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.