The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increasing demand for energy-efficient lighting solutions will drive innovation in architectural lighting production, propelling the market during the forecast period.

The global architectural lighting market is expected to grow from $7.74 billion in 2022 to $8.42 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The global architectural lighting market size is expected to reach $11.31 billion in 2027 at a CAGR of 7.7%.

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Global Architectural Lighting Market Segments Include:

• By Type: Incandescent Lights, Fluorescent Lights, High Intensity Discharge (HID) Lights, Light Emitting Diode (LED) Lights, Other Types
• By Lighting Type: Ambient, Task, Accent
• By Application: Wall Wash, Cove Lighting, Backlighting, Other Applications
• By End-User: Residential, Commercial, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global architectural lighting market in 2021.

Major Market Players in the architectural lighting market include Acuity Brands Lighting Inc., Siteco Beleuchtungstechnik GmbH, Signify Holdings BV, OSRAM GmbH, Cree Inc., General Electric Company, Seoul Semiconductor Co. Ltd., Samsung Electronics Co. Ltd.

Product developments are a major trend in the architectural lighting market’s growth. Major architectural lighting firms are focusing on producing unique solutions to strengthen their market position. SloanLED Co., a US-based lighting product manufacturer and developer, announced the launching of Symphony Area Light, a dynamic addition to the Symphony Series of architectural lighting fixtures, in November 2022. The device blends seamlessly into the architectural landscape while delivering higher performance and uniformity, allowing for greater pole spacing and lower power density. This device is remarkable in that it can produce up to 50,000 lumens and 171 lm/W while still being an IP66-rated fixture with autonomous motion and daylight controls.

The Architectural Lighting Global Market Report 2023  provides a architectural lighting market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The architectural lighting market forecast analyzes architectural lighting market size, architectural lighting market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Architectural lighting is illumination used in the design and function of buildings. It develops, establishes, or accentuates a building’s aesthetic, history, and purpose through serving and improving specific architectural characteristics.

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