DUBLIN--(BUSINESS WIRE)--The "Global Ambient Lighting Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Global ambient lighting market is projected to witness a compound annual growth rate of 8.90% during the forecast period, reaching a total market size of US$104.55 billion in 2023 from US$62.680 billion in 2017.
The rising number of infrastructural projects globally is complementing the ambient lighting market growth coupled with high rate of modernization of the projects. Demand for ambient lighting solutions is estimated to gain momentum over the next five years on account rising demand for energy efficient and smart lighting systems. In addition, ambient lighting market size is expected to expand due to high demand in automotive industries.
The growth of ambient lighting is also aided by favourable government regulations regarding energy-efficient lighting sources in various countries. Ambient lighting systems are often integrated with trending technologies such as IoT thus, increasing the efficiency and competency of these lights. Due to foretold factors, the demand for automation and smart lighting is rising continuously and hence driving the growth of the ambient lighting market for lighting control units.
- By End User Industry
- North America
- South America
- Middle East and Africa
- Philips Lighting Holdings B.V.
- Hfle GmbH & Co KG
- Acuity Brands Lighting, Inc
- OSRAM Licht AG
- Wipro Consumer Care & Lighting
- Eaton Corporation
- Cree Inc.
- General Electric
- Zumtobel Group AG
- Selux AG
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Ambient Lighting Market By Type
6. Global Ambient Lighting Market By End User Industry
7. Global Ambient Lighting Market By Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/jrlvrf/global_ambient?w=4