Global Ambient Lighting Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Surface-Mounted Light, Track Light, Suspended Light, Recessed Light, Others), By End User Industry (Residential, Hospitality, Retail, Automotive, Commercial, Others), And By Geography - Forecasts From 2022 To 2027
- Published : Jan 2023
- Report Code : KSI061611084
- Pages : 145
The global ambient lighting market is projected to grow at a CAGR of 7.84% during the forecast period to reach US$130.160 billion by 2027, from US$76.751 billion in 2020.
Ambient lighting involves a technique that uses color, temperature, and brightness to create a comfortable and even level of light throughout a space. Ambient lighting is used in the automotive industry as interior lighting in displays and indicators, illumination, and accent lighting. Displays and indicator lighting help drivers obtain information with the use of color, luminance, and luminance uniformity. Furthermore, ambient lighting is used in retail stores to make customers feel comfortable and shop for products easily in a well-lit environment. Moreover, ambient lighting is used in hospitality industries particularly in hotel rooms to make customers comfortable and relaxed. Additionally, recent trends have increased the use of ambient lights in homes for a comfortable atmosphere, and in some cases, it is used as contemporary decoration.
An increase in demand for ambient lighting from the automotive industry and an increase in infrastructural projects are expected to boost the global ambient lighting market.
The automotive sector has witnessed an increase in recent years due to the rising disposable income of consumers and new technologies which is further rising the demand for ambient lighting. Moreover, interior ambient lighting is highly used as it provides an efficient lighting system inside the car especially ambient lighting in dashboard lights, displays, reading light, door surfaces, roof liner, and indicators that ensures drivers' safety and improve drivers' orientation. Furthermore, demand for energy-efficient lighting such as LED lighting has increased as it consumes less power and provides heat management facilities. As per OSRUM annual reports, its lamps and systems segment recorded US$1,028 million in sales in 2021. OSRUM is especially known for its ambient lighting used in automobiles and homes. Furthermore, luxury car brands that have a top-notch ambient lighting system in their cars have further raised the demand for ambient lighting. For example, the Mercedes-Benz A220 sedan has the best ambient light application in the seams of the door, instrument-panel trim, door knob, and circular blade of the car. Moreover, it has 64 shades of color to choose from and flash settings for a comfortable experience inside the car. Furthermore, outdoor lighting is used at industrial developments that provide safe working conditions for workers during night-time and provide security for them.
Key developments
- Tolez has launched a customizable RGB ambient lighting wall hanging for home décor in June 2022. The product has 16M+ colors, 12 dynamic effects, seven built-in scenes, and various rhythms that sync up with music, games, and movies. Additionally, it is eco-friendly and has voice control ability.
- HELLA, a Forvia Company launched smart ambient solutions, a slim light system for integrated in-vehicle lighting in May 2022. The light is powerful and energy efficient with 8x light output and can be combined with smart lights. In addition, they can be integrated into the instrument panel, doors, and trim.
- The XSF industry launched UV-C lights sanitizer cabinet in October 2020, to fight against COVID-19. The cabinet was designed to disinfect N95 masks, disposable clothes, homemade masks, cell phones, tablets, respiratory equipment, and others.
Product Offerings
- OSIRE® E5515 – by AMS OSRAM. The product is a three-color RGB emitting side emitter, is compact in design, has ThinFilm and ThinGaN technology, and is AEC-Q102 qualified. It is specifically designed for interior automotive applications.
- ENVEX™ - by Acuity Brands. It is a high-performance recessed ambient series that is designed to meet intense specification requirements. It offers a wide range of lumen packages up to 7200 lumens, color temperatures, and lighting control options. It is available in both static white and tunable white models. The product is suitable for commercial spaces such as schools, offices, and healthcare.
During the forecast period, North America is expected to gain a significant share of the global ambient lighting market.
North America witnessed an increase in the ambient lighting market due to a rise in demand from the automotive sector to ensure automotive safety and to implement energy-efficient solutions. Moreover, the presence of luxury car brands such as Tesla, BMW, Lexus, Cadillac, and others is further increasing the demand for interior ambient lighting. Furthermore, rising infrastructure projects as a result of urbanization and modernization are further increasing the demand for ambient light for workers' safety. As per ILO (International Labour Organization), 2.3 million men and women suffer from work-related accidents, and one of the reasons is improper construction industry facilities. Due to such reasons, ambient lighting in construction areas or development projects becomes essential to prevent work-related accidents that may happen in rather dim or dark work areas. Moreover, ambient lighting on streets reduces crime activities in the region. Furthermore, the shift towards energy-efficient technology such as LED lighting with a smart ambient lighting system that can be connected to the car’s interior parts is further boosting the market in the region.
Global Ambient Lighting Market Scope:
Report Metric | Details |
Market Size Value in 2020 | US$76.751 billion |
Market Size Value in 2027 | US$130.160 billion |
Growth Rate | CAGR of 7.84% from 2020 to 2027 |
Base Year | 2020 |
Forecast Period | 2022–2027 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Type, End-Use Industry, And Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Philips Lighting Holdings B.V., Häfle GmbH & Co KG, Acuity Brands Lighting, Inc, OSRAM Licht AG, Wipro Consumer Care & Lighting, Eaton Corporation, Cree Inc., General Electric, Zumtobel Group AG, HLI Solutions, Inc |
Customization Scope | Free report customization with purchase |
Market Segments
- By Type
- Surface-mounted Light
- Track Light
- Suspended Light
- Recessed Light
- Others
- By End-Use Industry
- Residential
- Hospitality
- Retail
- Automotive
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Israel
- Saudi Arabia
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Indonesia
- Taiwan
- Others
- North America
Frequently Asked Questions (FAQs)
The global ambient lighting market is projected to reach a market size of US$130.160 billion by 2027.
Ambient Lighting Market was valued at US$76.751 billion in 2020.
The ambient lighting market is projected to witness a CAGR of 7.54% during the forecast period.
North America is expected to hold a significant share of the global ambient lighting market. due to a rise in demand from the automotive sector to ensure automotive safety and to implement energy-efficient solutions.
An increase in demand for ambient lighting from the automotive industry and an increase in infrastructural projects are expected to boost the global ambient lighting market.
1. INTRODUCTION
1.1. Market Overview
1.2. COVID-19 Scenario
1.3. Market Definition
1.4. Market Segmentation
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL AMBIENT LIGHTING MARKET BY TYPE
5.1. Introduction
5.2. Surface-mounted Light
5.3. Track Light
5.4. Suspended Light
5.5. Recessed Light
5.6. Others
6. GLOBAL AMBIENT LIGHTING MARKET BY END-USE INDUSTRY
6.1. Introduction
6.2. Residential
6.3. Hospital
6.4. Retail
6.5. Automotive
6.6. Others
7. GLOBAL AMBIENT LIGTING MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Spain
7.4.5. Others
7.5. The Middle East and Africa
7.5.1. Israel
7.5.2. Saudi Arabia
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. South Korea
7.6.4. India
7.6.5. Indonesia
7.6.6. Taiwan
7.6.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Philips Lighting Holdings B.V.
9.2. Häfle GmbH & Co KG
9.3. Acuity Brands Lighting, Inc
9.4. OSRAM Licht AG
9.5. Wipro Consumer Care & Lighting
9.6. Eaton Corporation
9.7. Cree Inc.
9.8. General Electric
9.9. Zumtobel Group AG
9.10. HLI Solutions, Inc
Philips Lighting Holdings B.V.
Häfle GmbH & Co KG
Acuity Brands Lighting, Inc
Wipro Consumer Care & Lighting
Eaton Corporation
Cree Inc.
General Electric
Zumtobel Group AG
HLI Solutions, Inc
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