The global ambient lighting market accounted for USD 45.5 billion at a CAGR of 11.1% forecast to 2024 | Key Players Acolyte LED, Amerlux,LLC, Ambient Lighting Inc., Luxtra Lighting, 3g Lighting, Nicor Lighting
Global Ambient Lighting Market reports are a thorough analysis which enables the client to assess the long haul based request and predicts exact executions. The Global Ambient Lighting Market exploration research spreads noteworthy information which makes the record a convenient asset for directors, industry specialists and other key individuals alongside charts and tables to help comprehend Global Ambient Lighting Market patterns, drivers and market challenges. Ambient Lighting industry report 2024 is a complete report conveying statistical surveying information that is significant for new market participants as well as established players.
Market Analysis: Global Ambient Lighting Market
The global ambient lighting market accounted for USD 45.5 billion in 2016 growing at a CAGR of 11.1% during the forecast period of 2017 to 2024.
The upcoming market report contains data for the historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Competitors: Global Ambient Lighting Market
Some of the major players of the global ambient lighting market are- Philips Lighting Holding B.V., Osram Licht AG, General Electric, Eaton Corporation PLC, Cree, Inc., Zumtobel Group, Wipro Consumer Care and Lighting Ltd, Häfele GmbH & Co Kg, Acuity Brands, Inc., Hubbell Incorporated, Acolyte LED, Amerlux,LLC, Ambient Lighting Inc., Luxtra Lighting, 3g Lighting, Nicor Lighting, Bright Light, Axis Lighting, Louis Poulsen A/S, Vantage Lighting, V2 Lighting Group, Inc., Spi Lighting Inc, Selux AG, Nulite Lighting, Inter-Lux, among others.
Market Definition: Global Ambient Lighting Market
Ambient lighting is interior lighting system used to illuminate the application area with comfortable level of brightness without glare. The key market drivers include rising need for energy-efficient lighting systems, increasing adoption of smart lighting, and growing awareness about energy conservation.
Major market drivers:
- Rising need for Energy-Efficient Lighting Systems
- Increasing adoption of Smart Lighting
- Growing Awareness About Energy Conservation
- Infrastructural developments in emerging countries
Market Segmentation: Global Ambient Lighting Market
The ambient lighting market is segmented on the basis of offering into hardware, and software and services. The hardware segment is further sub-segmented into lamps and luminaires, lighting controls.
On the basis of Type the global ambient lighting market is further segmented into surface mounted lights, suspended lights, track lights, strip lights, recessed lights. On the basis of end-users the global ambient lighting market is further segmented into residential, hospitality and retail, healthcare, industrial, office building, automotive.
On the basis of geography, global ambient lighting market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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The focus of the report: Global Ambient Lighting Market
- The study provides an in-depth analysis of the Global Ambient Lighting Market and current & future trends to elucidate imminent investment pockets.
- Changing market dynamics of the industry
- Strategies of key players and product offerings
- In-depth market segmentation
- Recent industry trends and developments
- Analyze and forecast Global Ambient Lighting Market on the basis of type, function and application.
Company Share Analysis: Global Ambient Lighting Market
The report for ambient lighting market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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