Product Code: PM1631
The global high-end lighting market size is expected to reach USD 40.56 billion by 2032, according to a new study by Polaris Market Research. The report "High-end Lighting Market Share, Size, Trends, Industry Analysis Report, By Light Source (HID, LED, Fluorescent Lights, CFL Lamp, Others); By Application (Wired, Wireless); By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of this market has been greatly aided by the rise in the number of smart homes in developing nations, rising incomes, and government regulations requiring the use of energy-efficient lighting systems. Everyone had to work from home once the epidemic broke out, which reduced their possibilities for outside recreation. Consumer spending on high-end outside lighting has increased as a result of this. People on the same team who operate in various time zones have been severely influenced by the work-from-home phenomenon, which has raised investment in high-end table lights.
In April 2022, Alweijnse and Fibr8 announced working together to create the newest lighting technology for superyachts and other vessels. To do this, laser light will be transmitted over incredibly thin and flexible optical fibers, producing an intense play of light along the external lines and superstructures. High-end lighting systems will become more widely used due to these improvements, which hastened the market's expansion.
The use of LEDs has increased exponentially across the world, especially among the growing nations, as a result of the lightning-fast speed of technological breakthroughs in the lighting industry and the decline in production costs. The ability to link light bulbs to mobile devices through Bluetooth and Wi-Fi, which enables the user to turn on/off, control color and brightness, and schedule the operation of lights, was one of the most significant advances to take place in the business.
In addition, Utilizing LEDs with quantum dot technology has resulted in yet another significant technical advance. Quantum Dots are incredibly tiny crystals with the special ability to generate light in a larger variety of colors with improved tone, homogeneity, and quality, increasing the potential for such LEDs to be commercially successful. Since LEDs have longer life cycles, architects are incorporating lighting fixtures into their designs, helping this market to grow.
High-end Lighting Market Report Highlights:
LED segment accounted for a significant share in 2022. It will continue its dominance over the projected period due to increased demand for LED lights in smart and connected homes and increased consumer awareness of its benefits.
Wired segment dominated the global market in 2022, majorly using high-end wired lighting in house usage to contribute easy life for consumers.
Residential segment holds the major shares in the global market due to a rise in the desire for linked lighting systems that are more efficient than standard lighting.
Asia Pacific dominated the global market in 2022 due to the exponentially growing of commercial and industrial sectors in this region increasing the demand for high-end lighting in this sectors.
The leading players in the market include General Electric Company, Toshiba Co., Digital Lumens, Inc., Holtkoetter, CMD Ltd., Helestra Leuchten GmbH, OSRAM Licht AG, Philips Lighting Holding B.V., and CREE Inc,.
Polaris Market Research has segmented the high-end lighting market report based on lighting source, application, end-use, and region:
High-end Lighting, Lighting Source Outlook (Revenue - USD Billion, 2019 - 2032)
HID
LED
Fluorescent Lights
CFL Lamps
Others
High-end Lighting, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Wired
Wireless
High-end Lighting, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Industrial
Commercial
Residential
Others
- High-end Lighting, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global High-end Lighting Market Insights
- 4.1. High-end Lighting Market - End Use Snapshot
- 4.2. High-end Lighting Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing trend of interior designing
- 4.2.1.2. Increasing demand for connected lighting system
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of adoption
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. High-end Lighting Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global High-end Lighting Market, by Light Source
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 5.3. HID
- 5.3.1. Global High-end Lighting Market, by HID, by Region, 2019-2032 (USD Billion)
- 5.4. LED
- 5.4.1. Global High-end Lighting Market, by LED, by Region, 2019-2032 (USD Billion)
- 5.5. Fluorescent Lights
- 5.5.1. Global High-end Lighting Market, Fluorescent Lights, by Region, 2019-2032 (USD Billion)
- 5.6. CFL Lamps
- 5.6.1. Global High-end Lighting Market, CFL Lamps, by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global High-end Lighting Market, Others, by Region, 2019-2032 (USD Billion)
6. Global High-end Lighting Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 6.3. Wired
- 6.3.1. Global High-end Lighting Market, by Wired, by Region, 2019-2032 (USD Billion)
- 6.4. Wireless
- 6.4.1. Global High-end Lighting Market, by Wireless, by Region, 2019-2032 (USD Billion)
7. Global High-end Lighting Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 7.3. Industrial
- 7.3.1. Global High-end Lighting Market, by Industrial, By Region, 2019-2032 (USD Billion)
- 7.4. Commercial
- 7.4.1. Global High-end Lighting Market, by Commercial, By Region, 2019-2032 (USD Billion)
- 7.5. Residential
- 7.5.1. Global High-end Lighting Market, by Residential, By Region, 2019-2032 (USD Billion)
- 7.6. Others
- 7.6.1. Global High-end Lighting Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global High-end Lighting Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. High-end Lighting Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. High-end Lighting Market - North America
- 8.3.1. North America: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.3.2. North America: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.3.3. North America: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. High-end Lighting Market - U.S.
- 8.3.4.1. U.S.: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. High-end Lighting Market - Canada
- 8.3.5.1. Canada: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4. High-end Lighting Market - Europe
- 8.4.1. Europe: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.2. Europe.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. High-end Lighting Market - UK
- 8.4.4.1. UK: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. High-end Lighting Market - France
- 8.4.5.1. France: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.5.2. France.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. High-end Lighting Market - Germany
- 8.4.6.1. Germany: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. High-end Lighting Market - Italy
- 8.4.7.1. Italy: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. High-end Lighting Market - Spain
- 8.4.8.1. Spain: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. High-end Lighting Market - Netherlands
- 8.4.9.1. Netherlands: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. High-end Lighting Market - Russia
- 8.4.10.1. Russia: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.5. High-end Lighting Market - Asia Pacific
- 8.5.1. Asia Pacific: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. High-end Lighting Market - China
- 8.5.4.1. China: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.5.4.2. China.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. High-end Lighting Market - India
- 8.5.5.1. India: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.5.5.2. India.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. High-end Lighting Market - Malaysia
- 8.5.6.1. Malaysia: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. High-end Lighting Market - Japan
- 8.5.7.1. Japan: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. High-end Lighting Market - Indonesia
- 8.5.8.1. Indonesia: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. High-end Lighting Market - South Korea
- 8.5.9.1. South Korea: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.6. High-end Lighting Market - Middle East & Africa
- 8.6.1. Middle East & Africa: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. High-end Lighting Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. High-end Lighting Market - UAE
- 8.6.5.1. UAE: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. High-end Lighting Market - Israel
- 8.6.6.1. Israel: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. High-end Lighting Market - South Africa
- 8.6.7.1. South Africa: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.7. High-end Lighting Market - Latin America
- 8.7.1. Latin America: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. High-end Lighting Market - Mexico
- 8.7.4.1. Mexico: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. High-end Lighting Market - Brazil
- 8.7.5.1. Brazil: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. High-end Lighting Market - Argentina
- 8.7.6.1. Argentina: High-end Lighting Market, by Light Source, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: High-end Lighting Market, by End Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: High-end Lighting Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. OSRAM Licht AG
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. CREE Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. General Electric Company
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Toshiba Co
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Digital Lumens, Inc
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Holtkoetter
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. CMD Ltd
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Helestra Leuchten GmbH
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development