News

|

Feeds

|

Email

DUBLIN, May 28, 2021 /PRNewswire/ -- The "Architectural Lighting - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Amid the COVID-19 crisis, the global market for Architectural Lighting estimated at US$8 Million in the year 2020, is projected to reach a revised size of US$11.8 Million by 2027, growing at a CAGR of 5.8% over the analysis period 2020-2027.

Light Emitting Diode, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$5.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the High Intensity Discharge segment is readjusted to a revised 5.4% CAGR for the next 7-year period.

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

The Architectural Lighting market in the U.S. is estimated at US$2.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.6 Million by the year 2027 trailing a CAGR of 9.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Other Light Types Segment to Record 5.6% CAGR

In the global Other Light Types segment, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.4 Million in the year 2020 will reach a projected size of US$2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.6 Million by the year 2027, while Latin America will expand at a 6% CAGR through the analysis period.

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 more information about this report visit https://www.researchandmarkets.com/r/hfihkj

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-architectural-lighting-industry-2020-to-2027---market-trajectory--analytics-301301876.html

SOURCE Research and Markets

Email

|

Slashdot

|

Digg

|

Del.icio.us

|

Feeds

RELATED NEWS ARTICLES

Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026 Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026 RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026 MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026 SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026 Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026 Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026 No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026 AGS Devices Goes Live With CELUS Design Platform to Support Faster Electronics Design | Jan 22, 2026 1inch Named Exclusive Swap Provider at Launch for Ledger Multisig | Jan 22, 2026