Global Specialty Lighting Market Size study & Forecast, by Light Source (LED, Halogen Lamps, Xenon Bulbs, Incandescent Lamps), by Application (Entertainment, Medical, UV Lamps, Others) and Regional Analysis, 2022-2029

Description

List of Tables

Global Specialty Lighting Market is valued approximately USD 6.07 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7% over the forecast period 2022-2029. Specialty lighting is a type of lighting that offers illumination and power distribution solutions for commercial, residential, and industrial spaces. This lighting continues to support the several markets such as retail, hospitality, education, furnishings, healthcare, and commercial market. The Specialty Lighting market is expanding because of factors such as rising use of LEDs.

And a growing number of live music events and concerts.

Specialty Lighting is different from general lighting, as it is built keeping in mind the requirements of different applications. Its prevalence has progressively increased during the last few decades. According to the Statista, the global marker for LED lighting was sized at about 76 billion U.S. dollars in 2020. It is projected that the market will grow at a compound annual growth rate of over 13% in the coming years. Moreover, the market is expected to reach the size of USD 160 billion by 2026. Furthermore, The revenue of Comfort & Lighting segment market is estimated to be USD 9.75 billion in 2022 and expected to show an annual growth rate of 12.86% in between 2022 to 2027.Another important component driving space growing number of live music events and concerts. Revenue in the Music Events segment is projected to reach USD 27.08 billion in 2023 and expected to show an annual growth rate of 4.08%, resulting in a projected market volume of USD 31.78 billion by 2027. In addition, in the Music Events segment, the number of users is expected to amount to 336.7 million by 2027. However, the high cost of Specialty Lighting stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Specialty Lighting Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the growing participation in music festivals and increasing urbanization. According to the Statista, The North American market for light-emitting diodes is projected to reach around USD11.7 billion by 2022 and expected that the United States will account for approximately two thirds of the market. Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as increasing demand for UV disinfection equipment along with the growing need to control the maintenance cost of lighting systems in the market space.

Major market players included in this report are:

Signify Holding
OSRAM
CREE
USHIO
Getinge AB
Herbert Waldmann
Brandon Medical
Integra Lifesciences
Steris PLC
Halma

Recent Developments in the Market:

In September 2022, Signify, unveils a new range of Philips Hue smart lighting products and app features, from unique design options to complement home decor and create the perfect ambiance, to more immersive entertainment experiences for gaming and music. It includes a range of contemporary style bulbs available in three distinctive shapes, specifically designed for PC gaming.

Global Specialty Lighting Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Light Source, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Light Source:

LED
Halogen Lamps
Xenon Bulbs
Incandescent Lamps

By Application:

Entertainment
Medical
UV Lamps
Others

By Region:

North America
- U.S.
- Canada

Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE

Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC

Latin America
- Brazil
- Mexico
- RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Specialty Lighting Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Specialty Lighting Market, by Light Source, 2019-2029 (USD Billion)
- 1.2.3. Specialty Lighting Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Specialty Lighting Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Specialty Lighting Market Dynamics

3.1. Specialty Lighting Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising use of LEDs
  - 3.1.1.2. Growing number of live music events and concerts
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of installation
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising adoption of Specialty lighting for surgical procedures

Chapter 4. Global Specialty Lighting Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Specialty Lighting Market, by Light Source

6.1. Market Snapshot
6.2. Global Specialty Lighting Market by Light Source, Performance - Potential Analysis
6.3. Global Specialty Lighting Market Estimates & Forecasts by Light Source 2019-2029 (USD Billion)
6.4. Specialty Lighting Market, Sub Segment Analysis
- 6.4.1. LED
- 6.4.2. Halogen Lamps
- 6.4.3. Xenon Bulbs
- 6.4.4. Incandescent Lamps

Chapter 7. Global Specialty Lighting Market, by Application

7.1. Market Snapshot
7.2. Global Specialty Lighting Market by Application, Performance - Potential Analysis
7.3. Global Specialty Lighting Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Specialty Lighting Market, Sub Segment Analysis
- 7.4.1. Entertainment
- 7.4.2. Medical
- 7.4.3. UV Lamps
- 7.4.4. Others

Chapter 8. Global Specialty Lighting Market, Regional Analysis

8.1. Specialty Lighting Market, Regional Market Snapshot
8.2. North America Specialty Lighting Market
- 8.2.1. U.S. Specialty Lighting Market
  - 8.2.1.1. Light Source breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Specialty Lighting Market
8.3. Europe Specialty Lighting Market Snapshot
- 8.3.1. U.K. Specialty Lighting Market
- 8.3.2. Germany Specialty Lighting Market
- 8.3.3. France Specialty Lighting Market
- 8.3.4. Spain Specialty Lighting Market
- 8.3.5. Italy Specialty Lighting Market
- 8.3.6. Rest of Europe Specialty Lighting Market
8.4. Asia-Pacific Specialty Lighting Market Snapshot
- 8.4.1. China Specialty Lighting Market
- 8.4.2. India Specialty Lighting Market
- 8.4.3. Japan Specialty Lighting Market
- 8.4.4. Australia Specialty Lighting Market
- 8.4.5. South Korea Specialty Lighting Market
- 8.4.6. Rest of Asia Pacific Specialty Lighting Market
8.5. Latin America Specialty Lighting Market Snapshot
- 8.5.1. Brazil Specialty Lighting Market
- 8.5.2. Mexico Specialty Lighting Market
- 8.5.3. Rest of Latin America Specialty Lighting Market
8.6. Rest of The World Specialty Lighting Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Signify Holdings
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. OSRAM
- 9.2.3. CREE
- 9.2.4. USHIO
- 9.2.5. Getinge AB
- 9.2.6. Herbert Waldman
- 9.2.7. Brandon Medical
- 9.2.8. Integra Lifesciences
- 9.2.9. Steris PLC
- 9.2.10. Halma

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Specialty Lighting Market, report scope
TABLE 2. Global Specialty Lighting Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Specialty Lighting Market estimates & forecasts by Light Source 2019-2029 (USD Billion)
TABLE 4. Global Specialty Lighting Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Specialty Lighting Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Specialty Lighting Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Specialty Lighting Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Specialty Lighting Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Specialty Lighting Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Specialty Lighting Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Specialty Lighting Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Specialty Lighting Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Specialty Lighting Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Specialty Lighting Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Specialty Lighting Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Specialty Lighting Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Specialty Lighting Market
TABLE 70. List of primary sources, used in the study of global Specialty Lighting Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Specialty Lighting Market, research methodology
FIG 2. Global Specialty Lighting Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Specialty Lighting Market, key trends 2021
FIG 5. Global Specialty Lighting Market, growth prospects 2022-2029
FIG 6. Global Specialty Lighting Market, porters 5 force model
FIG 7. Global Specialty Lighting Market, pest analysis
FIG 8. Global Specialty Lighting Market, value chain analysis
FIG 9. Global Specialty Lighting Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Specialty Lighting Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Specialty Lighting Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Specialty Lighting Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Specialty Lighting Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Specialty Lighting Market, regional snapshot 2019 & 2029
FIG 15. North America Specialty Lighting Market 2019 & 2029 (USD Billion)
FIG 16. Europe Specialty Lighting Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Specialty Lighting Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Specialty Lighting Market 2019 & 2029 (USD Billion)
FIG 19. Global Specialty Lighting Market, company Market share analysis (2021)