High-End Lighting Market Report: Trends, Forecast and Competitive Analysis to 2030

High-End Lighting Trends and Forecast

The future of the global high-end lighting market looks promising with opportunities in the modern, traditional, and transitional markets. The global high-end lighting market is expected to reach an estimated $34.0 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are surge in the desire for top-tier lighting solutions to enhance ambiance, the escalating need for sustainable and energy-efficient options, and the emergence of cutting-edge technology that delivers inventive designs and intelligent features.

A more than 150-page report is developed to help in your business decisions.

High-End Lighting by Segment

The study includes a forecast for the global high-end lighting by light source, interior design, application, end use industry, and region.

High-End Lighting Market by Light Source [Shipment Analysis by Value from 2018 to 2030]:

• LED
• Fluorescent
• HID Lamps
• Others

High-End Lighting Market by Interior Design [Shipment Analysis by Value from 2018 to 2030]:

• Modern
• Traditional
• Transitional

High-End Lighting Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Wired
• Wireless

High-End Lighting Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Commercial
• Residential

High-End Lighting Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of High-End Lighting Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies high-end lighting companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the high-end lighting companies profiled in this report include-

• Acuity Brands Lighting
• CREE
• Electronic Theatre Controls
• General Electric
• Helestra Leuchten
• Holtkotter Licht
• Honeywell International

High-End Lighting Market Insights

Lucintel forecasts that LED is expected to witness highest growth over the forecast period due to energy economy, durability, and adaptability of design.

APAC is expected to witness highest growth over the forecast period due to swift urban expansion, robust economic growth, and growing investments in upscale residential and commercial properties are contributing to this trend.

Features of the Global High-End Lighting Market

Market Size Estimates: High-end lighting market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: High-end lighting market size by various segments, such as by light source, interior design, application, end use industry, and region in terms of ($B).

Regional Analysis: High-end lighting market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different light source, interior design, application, end use industry, and regions for the high-end lighting market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the high-end lighting market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the high-end lighting market size?

Answer: The global high-end lighting market is expected to reach an estimated $34.0 billion by 2030.

Q.2 What is the growth forecast for high-end lighting market?

Answer: The global high-end lighting market is expected to grow with a CAGR of 7.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the high-end lighting market?

Answer: The major drivers for this market are surge in the desire for top-tier lighting solutions to enhance ambiance, the escalating need for sustainable and energy-efficient options, and the emergence of cutting-edge technology that delivers inventive designs and intelligent features.

Q4. What are the major segments for high-end lighting market?

Answer: The future of the high-end lighting market looks promising with opportunities in the modern, traditional, and transitional markets.

Q5. Who are the key high-end lighting market companies?

Answer: Some of the key high-end lighting companies are as follows.

• Acuity Brands Lighting
• CREE
• Electronic Theatre Controls
• General Electric
• Helestra Leuchten
• Holtkotter Licht
• Honeywell International

Q6. Which high-end lighting market segment will be the largest in future?

Answer: Lucintel forecasts that LED is expected to witness highest growth over the forecast period due to energy economy, durability, and adaptability of design.

Q7. In high-end lighting market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to swift urban expansion, robust economic growth, and growing investments in upscale residential and commercial properties are contributing to this trend.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the high-end lighting market by light source (LED, fluorescent, HID lamps, and others), interior design (modern, traditional, and transitional), application (wired and wireless), end use industry (commercial and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?