What is the global market size of Ambient Lighting Market?

Ambient Lighting Market size was valued at USD 58.25 billion in 2021 and is poised to grow from USD 63.84 billion in 2022 to USD 122.67 billion by 2030, growing at a CAGR of 9.7% in the forecast period (2023-2030).

Ambient Lighting Companies

Ambient Lighting Market Competitive Landscape

Ambient Lighting Market Top Player’s Company Profiles

Koninklijke Philips N.V.
Osram Licht AG
Cree Inc.
General Electric Company
Acuity Brands Lighting Inc.
Zumtobel Group AG
Wipro Enterprises Limited
Hubbell Incorporated
Eaton Corporation PLC
Lutron Electronics Co. Inc.
Samsung Electronics Co. Ltd.
Thorn Lighting Limited
Signify Holding
Amerlux LLC
Legrand SA
Cooper Lighting Solutions
Hafele GmbH & Co KG
Fagerhult AB
Dialight plc
Echelon Corporation

Ambient Lighting Market

FAQs

Ambient Lighting Market size was valued at USD 58.25 billion in 2019 and is poised to grow from USD 63.84 billion in 2023 to USD 122.67 billion by 2031, growing at a CAGR of 9.7% in the forecast period (2024-2031).

The Ambient Lighting Market is competitive, with the existence of numerous major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve market share and profitability. Some of the major players in the market are Acuity Brands, Inc., Dialight plc, General Electric Company, Häfele, Helvar, Honeywell International Inc., Hubbell Incorporated, Ideal Industries, Lutron Electronics, Osram Licht AG, RAB Lighting Inc., Signify Holding, SPI Lighting Holdings, LLC, and Zumtobel Group, among several others who are driving the market. 'Koninklijke Philips N.V.', 'Osram Licht AG', 'Cree Inc.', 'General Electric Company', 'Acuity Brands Lighting Inc.', 'Zumtobel Group AG', 'Wipro Enterprises Limited', 'Hubbell Incorporated', 'Eaton Corporation PLC', 'Lutron Electronics Co. Inc.', 'Samsung Electronics Co. Ltd.', 'Thorn Lighting Limited', 'Signify Holding', 'Amerlux LLC', 'Legrand SA', 'Cooper Lighting Solutions', 'Hafele GmbH & Co KG', 'Fagerhult AB', 'Dialight plc', 'Echelon Corporation'

One of the essential variables driving the development of the ambient lighting market is the developing inclination for brilliant ambient light across the globe. Shopper interest for better inside plan with energy-proficient light frameworks is extending, supplemented by the continuous mechanical headways, for example, brilliant light frameworks in business or private structures, which are driving the ambient light industry.

The ambient lighting market for recessed lights holds a bigger portion of the overall industry. The market development can be ascribed to the adaptability of these lights to fit in surfaces and their rising use in the private and business areas.

Asia Pacific is probably going to hold the biggest offer in the worldwide ambient lighting market over the gauge period. The enormous piece of the pie is credited to the expanded interest for energy-proficient and inventive light arrangements from arising economies like China and India. What's more, the expanded presence of industry players that fabricates and sells a wide scope of cost-effective answers for use in business, private, modern, medical services, and different applications across the globe is adding to the market development.

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Ambient Lighting Market Size, Share, Growth Analysis, By Type(Suspended Lights, Recessed Lights), By Offering(Software, Services, Hardware), By End-use(Residential, Hospitality & Retail, Healthcare, Office Buildings), By Region - Industry Forecast 2024-2031

Ambient Lighting Market Competitive Landscape

Ambient Lighting Market Report Snapshots

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Ambient Lighting Market Size, Share, Growth Analysis, By Type(Suspended Lights, Recessed Lights), By Offering(Software, Services, Hardware), By End-use(Residential, Hospitality & Retail, Healthcare, Office Buildings), By Region - Industry Forecast 2024-2031

Ambient Lighting Market Competitive Landscape

Ambient Lighting Market Report Snapshots

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