This report describes the global market size of High-End Lighting Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 5.8% from 2023 to 2030.
The High-End Lighting Market refers to the segment of the lighting industry that specializes in the design, production, and sale of premium and luxurious lighting solutions. These lighting products are characterized by their exceptional quality, innovative designs, advanced technology, and often serve as artistic or decorative elements in addition to providing illumination. The high-end lighting market caters to a discerning clientele in residential, commercial, hospitality, and architectural sectors who seek lighting fixtures that go beyond mere functionality, embodying a fusion of aesthetics, craftsmanship, and cutting-edge technology.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Sounding Rocket Sales Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 5.8% during the forecast period 2023-2030. North American market for Sounding Rocket Sales Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Sounding Rocket Sales Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Light Source Type
LED
HID
Fluorescent Light
Others
The light source can be used to divide the market into categories such as LED, HID, fluorescent, and others. The fluorescent light market held the highest revenue share of 42.2% in 2022 as a result of its advanced technology, extended lifespan, energy efficiency, and variety of applications. It is also profiting from the rising need for environmentally friendly lighting options. Since they consume less energy and generate less waste than incandescent lights, fluorescent lights are a more environmentally friendly choice. Because of this, businesses and consumers that want to lessen their environmental effect are placing a greater demand on fluorescent lights.
By Application
Wired
Wireless
The market can be divided into wired and wireless types based on the application. In 2022, the wired category generated the highest revenue share of 68.4%. Due to their higher cost and requirement for a robust network connection for functioning, the wired category has a substantially bigger market share than the wireless segment. But soon, because developing nations have a high rate of technical adoption, the wireless market will rise exponentially.
By Interior Design
Modern
Traditional
Transitional
The market is divided into three segments: modern, traditional, and transitional, based on interior designs. In 2022, the transitional category had the highest revenue share of 41.0%. The market is expanding because it caters to a diverse group of homeowners by combining classic and modern design aspects. Transitional lighting fixtures have a classic appearance that goes well with any type of dcor because they are usually composed of neutral materials with basic lines and curves. Furthermore, compared to other high-end lighting styles, transitional lighting is frequently less expensive, giving it a more accessible option for a large number of homeowners.
By End Use
Commercial
Industrial
Residential
Others
Based on the end users, the high-end lighting market may be divided into commercial, residential, industrial, and other segments. In 2022, the residential segment held the highest revenue share of 50.8%. The increased desire for contemporary homes with interior designs is driving the growth of the residential market. Growing disposable incomes and fast urbanisation are the main drivers of this. Exquisite lighting is used to draw attention to particular areas, establish zones, and change a space's overall interior design. Since it adds distinctiveness and improves the architectural appeal of residential buildings, it is regarded as opulent.
By Company
Legrand
Lutron Electronics
OSRAM Licht
Philips Lighting Holding B.V
Streetlight Vision
Acuity Brands, Inc
Electronic Theatre Controls Inc
General Electric Company
Helestra Leuchten GmbH
Honeywell International Inc
Please ask for sample pages for full companies list
Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
Any special requirements about this report, please let us know and we can provide custom report.
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