Global Decorative Lighting Market Research Report and Forecast 2022-2027
© 2019 IMARC All Rights Reserved
Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
About IMARC Group
Report Description
The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Report Description and Highlights
Report Description
Global Decorative Lighting Outlook 2027: The latest report by IMARC Group, titled “ Decorative Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 202 2-2027 ,” finds that the global decorative lighting market size reached US$ 38.25 Billion in 2021. Decorative lighting, also known as accent lighting, refers to a layer of interior illumination used to increase the aesthetic appeal of the space and highlight its best architectural features. It is manufactured using incandescent, fluorescent, and light-emitting diodes (LED) that emit bright or faded lights in different colors. It can easily be hardwired, plugged into an electrical socket, and run-on battery or solar energy. In recent years, decorative lighting has rapidly gained traction across the residential and commercial sectors as it helps enhance the overall look and feel of the space. Nowadays, manufacturers are offering decorative lighting in numerous shapes, unique designs, creative patterns, and customization options. Request for a free sample: https://www.imarcgroup.com/decorative-lighting-market/requestsample
Report Description and Highlights
Report Description
Global Decorative Lighting Trends: The shifting consumer inclination toward modern décor due to improving living standards, elevating incomes, and rapid urbanization represents the primary factor driving the market growth. Besides this, the emerging interior design trends focused on enhancing the space efficiency, aesthetic appeal, and lighting effect is another major growth-inducing factor. Additionally, the growing usage of decorative lighting in restaurants, clubs, shopping malls, hotels, and entertainment centers to enhance the customer experience and create an inviting ambiance has catalyzed the product demand. Furthermore, several key players are making heavy investments to introduce innovative product variants, such as ceiling fans with light kits and sensor-based decorative lighting, to expand their product portfolio and gain a competitive edge. Along with this, the launch of advanced decorative lighting fixtures that can be controlled using mobile devices and remote sensors has propelled the market growth. Other factors, including the growing popularity of LED sourced decorative lighting, increasing social media influence, technological advancements, and favorable government initiatives for infrastructure development, are also creating a positive market outlook.
Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Chandelier • Pendant • Sconce • Flush Mount • Ceiling Mount • Wall Mount Breakup by Light Source: • LED • Fluorescent • Incandescent Breakup by End User: • Commercial • Household
Report Description and Highlights Report Description Breakup by Distribution Channel: • Supermarkets and Hypermarkets • Specialty Stores • Online Stores Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Looking forward, IMARC Group expects the market to reach a value of US$ 48.4 Billion by 2027 exhibiting a CAGR of 3.70% during 2022-2027.
Report Description and Highlights Report Description Competitive Landscape With Key players: • Acuity Brands Inc • Bridgelux Inc • Crest LED Lighting • Fagerhults Belysning AB • General Electric Company • Honeywell International Inc • Hubbell Incorporated • Ideal Industries Inc • Maxim Lighting, Nichia Corporation • Osram Licht AG (ams AG) • Signify Holding View Report TOC, Figures and Tables: https://www.imarcgroup.com/decorative-lighting-market
A partial List of
We are the trusted business partners to the
Clients world's leading corporates, governments, and ourPartial ClientsList of institutions
A partial List of
We are the trusted business partners to the
of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions
Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
Contact Us
FOR MORE DETAILS Visit us at :
https://www.imarcgroup.com Stay With Us:
TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com