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High-End Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 145 pages | ID: HC3ACE62CE3AEN
IMARC Group

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The global high-end lighting market size reached US$ 20.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.

High-end lighting is used to highlight features, create zones, and alter the overall interior design of a space. It is considered luxurious as it offers uniqueness and enhances residential architectural allure. As a result, the rising demand for modern homes with lavish interior designs on account of rapid urbanization and inflating disposable incomes is driving the adoption of high-end lighting solutions worldwide. Moreover, the leading brands are offering custom light fixtures that are a combination of contemporary and traditional lighting styles to create exquisite residential fixtures.

High-End Lighting Market Trends:
The flourishing construction industry, in confluence with the rising focus on the upgradation of the existing infrastructure with ultra-modern lighting solutions, represents one of the considerable factors bolstering the growth of the market. Moreover, governing agencies of numerous countries are encouraging the adoption of light-emitting diodes (LEDs) over fluorescent lights, halogen lamps, and incandescent bulbs. LEDs are modern-day high-end lighting solutions, which are energy-efficient, eco-friendly and help save energy and reduce environmental pollution. In line with this, LED technology is gaining traction for plant cultivation under controlled environmental conditions, which is contributing to market growth. Apart from this, several brands are integrating advanced technologies like artificial intelligence (AI) and the internet of things (IoT) to offer remote-controlled, wireless high-end lighting variants. These variants are battery-operated, rechargeable, and connected to a smart device using Wi-Fi or Bluetooth. They can also easily move inside spaces and require no visible cabling. This, along with the increasing demand for connected lighting solutions on account of the boosting sales of smartphones, increasing penetration of the internet and the rising trend of smart residential spaces, is anticipated to drive the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global high-end lighting market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on light source type, interior design, application and end user.

Breakup by Light Source Type:

LED Lamps
HID Lamps
Fluorescent Lights
Others

Breakup by Interior Design:

Modern
Traditional
Transitional

Breakup by Application:

Wired
Wireless

Breakup by End User:

Commercial
Industrial
Residential

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acuity Brands Lighting Inc, CREE Inc., Electronic Theatre Controls Inc., General Electric Company, Helestra Leuchten GmbH, Holtkцtter Licht GmbH, Honeywell International Inc., Lutron Electronics Co. Inc., OSRAM Licht AG (ams AG), Signify N.V. and Toshiba Corporation.

Key Questions Answered in This Report
1. What was the size of the global high-end lighting market in 2022?
2. What is the expected growth rate of the global high-end lighting market during 2023-2028?
3. What are the key factors driving the global high-end lighting market?
4. What has been the impact of COVID-19 on the global high-end lighting market?
5. What is the breakup of the global high-end lighting market based on the light source type?
6. What is the breakup of the global high-end lighting market based on interior design?
7. What is the breakup of the global high-end lighting market based on the application?
8. What is the breakup of the global high-end lighting market based on the end user?
9. What are the key regions in the global high-end lighting market?
10. Who are the key players/companies in the global high-end lighting market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL HIGH-END LIGHTING MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY LIGHT SOURCE TYPE

6.1 LED Lamps
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 HID Lamps
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Fluorescent Lights
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Others
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY INTERIOR DESIGN

7.1 Modern
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Traditional
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Transitional
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Wired
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Wireless
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY END USER

9.1 Commercial
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Industrial
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Residential
  9.3.1 Market Trends
  9.3.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Acuity Brands Lighting Inc
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
    15.3.1.3 Financials
  15.3.2 CREE Inc.
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
    15.3.2.3 Financials
    15.3.2.4 SWOT Analysis
  15.3.3 Electronic Theatre Controls Inc.
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 General Electric Company
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
    15.3.4.3 Financials
  15.3.5 Helestra Leuchten GmbH
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Holtkцtter Licht GmbH
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
  15.3.7 Honeywell International Inc.
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
    15.3.7.3 Financials
    15.3.7.4 SWOT Analysis
  15.3.8 Lutron Electronics Co. Inc.
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
    15.3.8.3 SWOT Analysis
  15.3.9 OSRAM Licht AG (ams AG)
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
    15.3.9.3 Financials
  15.3.10 Signify N.V.
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
    15.3.10.3 Financials
  15.3.11 Toshiba Corporation
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
    15.3.11.3 Financials
    15.3.11.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: High-End Lighting Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: High-End Lighting Market Forecast: Breakup by Light Source Type (in Million US$), 2023-2028
Table 3: Global: High-End Lighting Market Forecast: Breakup by Interior Design (in Million US$), 2023-2028
Table 4: Global: High-End Lighting Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: High-End Lighting Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: High-End Lighting Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: High-End Lighting Market: Competitive Structure
Table 8: Global: High-End Lighting Market: Key Players

LIST OF FIGURES

Figure 1: Global: High-End Lighting Market: Major Drivers and Challenges
Figure 2: Global: High-End Lighting Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: High-End Lighting Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: High-End Lighting Market: Breakup by Light Source Type (in %), 2022
Figure 5: Global: High-End Lighting Market: Breakup by Interior Design (in %), 2022
Figure 6: Global: High-End Lighting Market: Breakup by Application (in %), 2022
Figure 7: Global: High-End Lighting Market: Breakup by End User (in %), 2022
Figure 8: Global: High-End Lighting Market: Breakup by Region (in %), 2022
Figure 9: Global: High-End Lighting (LED Lamps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: High-End Lighting (LED Lamps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: High-End Lighting (HID Lamps) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: High-End Lighting (HID Lamps) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: High-End Lighting (Fluorescent Lights) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: High-End Lighting (Fluorescent Lights) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: High-End Lighting (Other Light Source Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: High-End Lighting (Other Light Source Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: High-End Lighting (Modern) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: High-End Lighting (Modern) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: High-End Lighting (Traditional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: High-End Lighting (Traditional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: High-End Lighting (Transitional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: High-End Lighting (Transitional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: High-End Lighting (Wired) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: High-End Lighting (Wired) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: High-End Lighting (Wireless) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: High-End Lighting (Wireless) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: High-End Lighting (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: High-End Lighting (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: High-End Lighting (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: High-End Lighting (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: High-End Lighting (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: High-End Lighting (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: North America: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: North America: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: United States: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: United States: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Canada: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Canada: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Asia-Pacific: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Asia-Pacific: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: China: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: China: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Japan: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Japan: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: India: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: India: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: South Korea: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: South Korea: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Australia: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Australia: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Indonesia: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Indonesia: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Others: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Others: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Europe: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Europe: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Germany: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Germany: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: France: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: France: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: United Kingdom: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: United Kingdom: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Italy: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Italy: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Spain: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Spain: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Russia: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Russia: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Latin America: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Latin America: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Brazil: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Brazil: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Mexico: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Mexico: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Others: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Others: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Middle East and Africa: High-End Lighting Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Middle East and Africa: High-End Lighting Market: Breakup by Country (in %), 2022
Figure 81: Middle East and Africa: High-End Lighting Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Global: High-End Lighting Industry: SWOT Analysis
Figure 83: Global: High-End Lighting Industry: Value Chain Analysis
Figure 84: Global: High-End Lighting Industry: Porter's Five Forces Analysis


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