Overview of the global architectural lighting market to 2027 – including lighting from Acuity Brands, Cooper and Cree industries

the “Architectural Lighting – Trajectory and Analysis of the Global Market” the report was added to ResearchAndMarkets.com from offer.

Amid the COVID-19 crisis, the global architectural lighting market estimated at US $ 8 million in 2020 is expected to reach a revised size of US $ 11.8 million by 2027, with a CAGR of 5.8% over the 2020-2027 analysis period.

Light Emitting Diode, one of the segments analyzed in the report, is expected to register a CAGR of 6.1% and reach US $ 5.6 million by the end of the analysis period. After an initial analysis of the business implications of the pandemic and its induced economic crisis, the growth of the high-intensity release segment is readjusted to a revised CAGR of 5.4% for the next 7-year period.

The US market is estimated at $ 2.2 million, while China is expected to grow at a CAGR of 9.4%

The architectural lighting market in the United States is estimated at US $ 2.2 million in 2020. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 2.6 million by 2027 , with a CAGR of 9.4%. over the analysis period 2020 to 2027. Other notable geographic markets are Japan and Canada, each forecasting growth of 3.1% and 4.6% respectively over the period 2020-2027. In Europe, Germany is expected to grow by around 4% CAGR.

Segment of other light types to register 5.6% CAGR

In the global segment of other light types, the United States, Canada, Japan, China and Europe will lead the estimated 5.2% CAGR for this segment. These regional markets representing a combined market size of US $ 1.4 million in 2020 will reach a projected size of US $ 2 million by the end of the analysis period. China will remain among the most dynamic in this group of regional markets. Led by countries such as Australia, India and South Korea, the Asia-Pacific market is expected to reach US $ 1.6 million by 2027, while Latin America will grow to a 6% CAGR throughout the analysis period.

Select Competitors (35 featured in total):

  • Acuity Brands Lighting, Inc.

  • Cooper Industries PLC

  • Cree Inc.

  • Cree lighting

  • Epistar Corporation

  • Feilo Sylvania

  • Galaxy

  • GE Lighting LLC

  • General Electric Company

  • GRIVEN Srl

  • OSRAM GmbH

  • Osram Licht AG

  • Philips Lighting Holding BV

  • Samsung electronics

  • Seoul Semiconductor Co., Ltd

  • Signify Holding

  • TCP International Holdings Ltd.

  • Toshiba Lighting & Technology Corporation

  • Verbatim Ltd.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global market trajectories

  • Impact of COVID-19 and an impending global recession

2. FOCUS ON CERTAIN PLAYERS

3. MARKET TRENDS AND FACTORS

4. WORLD MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES

  • CANADA

  • JAPAN

  • CHINA

  • EUROPE

  • FRANCE

  • GERMANY

  • ITALY

  • UK

  • SPAIN

  • RUSSIA

  • THE 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

For more information on this report, visit https://www.researchandmarkets.com/r/fu63oc

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210526005855/en/

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