Architectural Lighting Market to Grow with a CAGR of 7.82% Globally through to 2028
Architectural Lighting is increasing due to growing demand for sustainable and energy-efficient lighting solutions in the forecast period, 2024-2028.
According to TechSci Research report, “Global Architectural Lighting Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028, Global Architectural Lighting market has witnessed tremendous growth in recent years, reaching a valuation of USD 8.02 billion in 2022. The market is projected to continue its strong upward trajectory, posting a CAGR of 7.82% from 2024 to 2028.
The global Architectural Lighting market has witnessed significant growth in recent years, propelled by its widespread adoption across critical industries globally. Sectors such as construction, real estate, event management, and interior designing recognize Architectural Lighting as vital tools for enhancing aesthetics, optimizing operations, reducing costs, and improving user experience.
Stringent regulations around energy efficiency, emissions standards, and workplace safety have compelled commercial and residential projects to invest heavily in automation and digitization initiatives. Buildings worldwide rely on robust Architectural Lighting systems to ensure regulatory compliance and optimize performance.
To address unique design and operational challenges, lighting manufacturers are partnering with end-user industries to develop customized solutions. These strategic collaborations have resulted in integrated systems empowering predictive maintenance, remote monitoring, and streamlined supply chain processes. Advanced Architectural Lighting platforms equipped with analytics tools enable data-driven decision making and enhanced oversight of operations.
The development of innovative applications such as variable lighting control, remote diagnostics, and condition monitoring is also fueling market growth and demand. Such solutions allow facilities to improve a broader range of metrics including energy usage, occupant experience, and productivity.
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Integration of Architectural Lighting capabilities with building automation systems, IoT, and assistive technologies is poised to revolutionize facilities management and optimize resource allocation. This fusion of technologies promises improved operational efficiency, higher occupant satisfaction, and analytics-driven maintenance.
Government policies promoting sustainable construction, energy independence, and workplace safety will continue driving investments in building systems infrastructure. As critical industries increasingly rely on technology-enabled processes, demand for advanced Architectural Lighting solutions is projected to rise substantially over the coming years.
The global Architectural Lighting market is segmented based on product type, installation type, end-use industry, and region. Geographically, the market covers North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific currently dominates the global market and is expected to maintain its leading position throughout the forecast period. This can be attributed to rapid construction activities and the region's growing building output.
The global Architectural Lighting market is segmented by product type, installation type, end-use industry, and region.
By product type, the market is divided into LED, CFL, LFL, HID, halogen, and incandescent. In 2022, the LED lighting segment dominated the market due to higher energy efficiency and longer lifespan compared to other product types. LED lights consume up to 90% less energy than incandescent bulbs and last 25-50 times longer, resulting in significant savings on energy costs and maintenance over the long run.
In terms of installation type, the market is bifurcated into new installation and retrofit installation. The retrofit installation segment accounted for the largest share in 2022 as businesses and consumers looked to improve energy efficiency and aesthetics by upgrading existing lighting fixtures with newer technologies like LED lights. This segment is expected to remain dominant with continued focus on sustainability and energy savings.
By end-use industry, the market covers residential, commercial, and industrial sectors. The commercial segment held the largest market share due to widespread use of architectural lighting across offices, malls, hotels, hospitals and other commercial spaces. However, the growing residential construction sector is anticipated to drive the fastest growth in the residential end-use segment.
The market is also segmented regionally into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific currently dominates the global market and is projected to continue its leadership during the forecast period due to rapid construction activities and economic growth in the region.
In summary, the LED product type segment, retrofit installation type segment, and commercial end-use segment led their respective categories in 2022, while residential end-use and Asia Pacific regional segments are expected to grow at the fastest rates through 2028.
Major companies operating in Global Architectural
Lighting Market are:
- Signify
- Acuity Brands
- Cree Lighting
- OSRAM
- GE Current, a Daintree company
- Zumtobel Group
- Hubbell
- Cooper Lighting Solutions
- LSI Industries
- Bajaj Electricals Ltd
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“The global Architectural Lighting market has witnessed rapid growth fueled by increasing digital transformation across critical industries. Construction projects, real estate companies, and facilities management organizations have increasingly relied on advanced lighting monitoring and maintenance solutions to optimize operational efficiency and enhance building performance through data-driven insights.
Lighting monitoring solutions enable real-time access to centralized performance metrics, analytics dashboards, and asset profile capabilities. This allows properties to generate predictive risk assessments, automate intervention plans, and ensure compliance with industry regulations and sustainability standards. Such solutions help customize inspection protocols, streamline administrative processes for engagement, and strengthen overall equipment management.
Leading real estate developers and building owners have partnered with major lighting OEMs to digitally transform their operational infrastructure and asset service delivery platforms. The integrated systems improve cross-departmental collaboration, provide situational awareness through customized portals, and facilitate achievement of project goals.
Vendors continue advancing their solutions through innovations in areas like IoT, predictive maintenance, and cybersecurity. This ensures secure, scalable, and interoperable solutions for diverse operational needs across different building types and lighting system profiles. Ongoing innovation and growing reliance on digital strategies indicate lighting monitoring will play an increasingly important role in optimizing facilities management.
Partnerships and alignment with emerging smart building standards are expected to sustain the high momentum of this market. The long-term outlook for lighting monitoring in empowering operational excellence remains positive as digital transformation continues to reshape critical industries.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.
“Architectural Lighting Market by Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented by Product Type (LED, CFL, LFL, HID, Halogen, Incandescent), By Installation Type (New Installation, Retrofit Installation), By End-Use Industry (Residential, Commercial, Industrial) By Region, By Competition”, has evaluated the future growth potential of Global Architectural Lighting Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Architectural Lighting Market.
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