PUBLISHER: Polaris Market Research | PRODUCT CODE: 1191405
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1191405
Specialty Lighting Market Share, Size, Trends, Industry Analysis Report, By Light Source (Light-Emitting Diode, Halogen Lamps, Xenon Bulbs, Incandescent Lamps, and Metal Halide Lamps); By Application; By Region; Segment Forecast, 2022-2030
The global specialty lighting market size is expected to reach USD 8,580.93 million by 2030, according to a new study by Polaris Market Research. The report "Specialty Lighting Market Share, Size, Trends, Industry Analysis Report, By Light Source (Light-Emitting Diode, Halogen Lamps, Xenon Bulbs, Incandescent Lamps, and Metal Halide Lamps); By Application; By Region; Segment Forecast, 2022-2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rapidly growing adoption of lighting solutions for various purposes and the rising need for enhancing illumination across many industries including medicine and entertainment coupled with the growing prevalence of disinfection of water, air, and surface through UV lamps across the globe are major factors boosting the growth of the global market.
For instance, in June 2022, CREE LED, a subsidiary company of Smart Global, introduced new X-Lamp Element G LEDs, which enable maximum light output and better optical performance along with new levels of control and precision. The newly developed LED delivers nearly 3x the light output of the XQ E & 9x the lumen density of the XP-E2 & optimized for multi-color directional lighting products.
The various film industries such as Hollywood and Bollywood are playing a significant role in the development of specialty lighting because of its benefit in the designing of lightweight fixtures and capabilities of LED lights to be utilized for a lengthy period, as it does not break due to their smaller glass frame which is installed inside the fixture, while the others are prone to breaking or fusing. In addition, growing technological advancements in product quality and rising efforts on the development of innovative solutions by key market companies by implementing various business developing strategies including increasing R&D, mergers, collaborations, acquisitions, and new product launches.
For instance, in September 2022, Exaktera LLC announced its new acquisition of Advanced Illumination, a provider of well-assembled specialty lights. With this acquisition, the company expected to expand its production of offerings in specialty LED solutions & expertise in machine vision.
Specialty Lighting Market Report Highlight
LED segment accounted for a significant market revenue share, in 2021, due to its wide range of advantages such as longer life, energy-efficient, and cost-saving features
Entertainment segment held the largest market share and is expected to grow over the anticipated period owing to the high dependence of the film industry on various lighting solutions
North America region dominated the global market, which is mainly accelerated by the growing expansion of several end-use industries and the presence of robust healthcare systems in the United States and Canada
The global market players include Smart Global Holdings, Advanced Specialty Lighting, American Ultraviolet, Advanced Stage Lights, and Altman Lighting
Polaris Market Research has segmented the specialty lighting market report based on light source, application, and region:
Specialty Lighting, Light Source Outlook (Revenue - USD Million, 2018 - 2030)
Light-Emitting Diode
Halogen Lamps
Xenon Bulbs
Incandescent Lamps
Metal Halide Lamps
Specialty Lighting, Application Outlook (Revenue - USD Million, 2018 - 2030)
Entertainment
Medical
UV Lamps
Purification
Specialty Lighting, Regional Outlook (Revenue - USD Million, 2018 - 2030)
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
- 2.1. Market Highlights
3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Specialty Lighting Market Insights
- 4.1. Specialty Lighting Market - Industry Snapshot
- 4.2. Specialty Lighting Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. High growth prospects in new applications
- 4.2.1.2. Increasing number of events and functions
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Higher cost of installation
- 4.2.1. Drivers and Opportunities
- 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. PESTLE Analysis
- 4.5. Specialty Lighting Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Specialty Lighting Market, by Light Source
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Specialty Lighting, by Light Source, 2018 - 2030 (USD Million)
- 5.3. Light-Emitting Diode
- 5.3.1. Global Specialty Lighting Market, by Light-Emitting Diode, by Region, 2018 - 2030 (USD Million)
- 5.4. Halogen Lamps
- 5.4.1. Global Specialty Lighting Market, by Halogen Lamps, by Region, 2018 - 2030 (USD Million)
- 5.5. Xenon Bulbs
- 5.5.1. Global Specialty Lighting Market, by Xenon Bulbs, by Region, 2018 - 2030 (USD Million)
- 5.6. Incandescent Lamps
- 5.6.1. Global Specialty Lighting Market, by Incandescent Lamps, by Region, 2018 - 2030 (USD Million)
- 5.7. Metal Halide Lamps
- 5.7.1. Global Specialty Lighting Market, by Metal Halide Lamps, by Region, 2018 - 2030 (USD Million)
6. Global Specialty Lighting Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 6.3. Entertainment
- 6.3.1. Global Specialty Lighting Market, by Entertainment, by Region, 2018 - 2030 (USD Million)
- 6.4. Medical
- 6.4.1. Global Specialty Lighting Market, by Medical, by Region, 2018 - 2030 (USD Million)
- 6.5. UV Lamps
- 6.5.1. Global Specialty Lighting Market, by UV Lamps, by Region, 2018 - 2030 (USD Million)
- 6.6. Purification
- 6.6.1. Global Specialty Lighting Market, by Purification, by Region, 2018 - 2030 (USD Million)
7. Global Specialty Lighting Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Specialty Lighting Market Assessment, By Geography, 2018 - 2030 (USD Million)
- 7.3. Specialty Lighting Market - North America
- 7.3.1. North America: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.3.2. North America: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.3.3. Specialty Lighting Market - U.S.
- 7.3.3.1. U.S.: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.3.3.2. U.S.: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.3.4. Specialty Lighting Market - Canada
- 7.3.4.1. Canada: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.3.4.2. Canada: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4. Specialty Lighting Market - Europe
- 7.4.1. Europe: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.2. Europe: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4.3. Specialty Lighting Market - UK
- 7.4.3.1. UK: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.3.2. UK: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4.4. Specialty Lighting Market - France
- 7.4.4.1. France: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.4.2. France: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4.5. Specialty Lighting Market - Germany
- 7.4.5.1. Germany: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.5.2. Germany: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4.6. Specialty Lighting Market - Italy
- 7.4.6.1. Italy: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.6.2. Italy: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4.7. Specialty Lighting Market - Spain
- 7.4.7.1. Spain: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.7.2. Spain: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4.8. Specialty Lighting Market - Netherlands
- 7.4.8.1. Netherlands: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.8.2. Netherlands: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.4.9. Specialty Lighting Market - Russia
- 7.4.9.1. Russia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.4.9.2. Russia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.5. Specialty Lighting Market - Asia Pacific
- 7.5.1. Asia Pacific: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.5.2. Asia Pacific: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.5.3. Specialty Lighting Market - China
- 7.5.3.1. China: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.5.3.2. China: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.5.4. Specialty Lighting Market - India
- 7.5.4.1. India: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.5.4.2. India: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.5.5. Specialty Lighting Market - Malaysia
- 7.5.5.1. Malaysia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.5.5.2. Malaysia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.5.6. Specialty Lighting Market - Japan
- 7.5.6.1. Japan: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.5.6.2. Japan: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.5.7. Specialty Lighting Market - Indonesia
- 7.5.7.1. Indonesia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.5.7.2. Indonesia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.5.8. Specialty Lighting Market - South Korea
- 7.5.8.1. South Korea: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.5.8.2. South Korea: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.6. Specialty Lighting Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.6.2. Middle East & Africa: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.6.3. Specialty Lighting Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.6.3.2. Saudi Arabia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.6.4. Specialty Lighting Market - UAE
- 7.6.4.1. UAE: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.6.4.2. UAE: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.6.5. Specialty Lighting Market - Israel
- 7.6.5.1. Israel: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.6.5.2. Israel: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.6.6. Specialty Lighting Market - South Africa
- 7.6.6.1. South Africa: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.6.6.2. South Africa: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.7. Specialty Lighting Market - Latin America
- 7.7.1. Latin America: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.7.2. Latin America: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.7.3. Specialty Lighting Market - Mexico
- 7.7.3.1. Mexico: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.7.3.2. Mexico: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.7.4. Specialty Lighting Market - Brazil
- 7.7.4.1. Brazil: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.7.4.2. Brazil: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- 7.7.5. Specialty Lighting Market - Argentina
- 7.7.5.1. Argentina: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- 7.7.5.2. Argentina: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Signify
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. OSRAM
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Smart Global Holdings
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Advanced Specialty Lighting
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Herbert Waldmann
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Brandon Medical
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Integra Lifesciences
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. American Ultraviolet
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. Advanced UV
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Guangzhou Yajiang Photoelectric Equipment Co
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Altman Lighting
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Chauvet & Sons
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development
- 9.13. Technomed India
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Recent Development
- 9.14. Advanced Stage Lights
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Recent Development
- 9.15. Crystal IS
- 9.15.1. Company Overview
- 9.15.2. Financial Performance
- 9.15.3. Product Benchmarking
- 9.15.4. Recent Development
- 9.16. Martin Professional
- 9.16.1. Company Overview
- 9.16.2. Financial Performance
- 9.16.3. Product Benchmarking
- 9.16.4. Recent Development
List of Tables
- Table 1 Global Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 2 Global Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 3 Specialty Lighting Market Assessment, By Geography, 2018 - 2030 (USD Million)
- Table 4 North America: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 5 North America: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 6 U.S.: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 7 U.S.: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 8 Canada: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 9 Canada: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 10 Europe: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 11 Europe: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 12 UK: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 13 UK: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 14 France: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 15 France: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 16 Germany: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 17 Germany: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 18 Italy: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 19 Italy: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 20 Spain: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 21 Spain: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 22 Netherlands: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 23 Netherlands: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 24 Russia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 25 Russia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 26 Asia Pacific: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 27 Asia Pacific: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 28 China: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 29 China: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 30 India: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 31 India: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 32 Malaysia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 33 Malaysia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 34 Japan: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 35 Japan: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 36 Indonesia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 37 Indonesia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 38 South Korea: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 39 South Korea: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 40 Middle East & Africa: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 41 Middle East & Africa: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 42 Saudi Arabia: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 43 Saudi Arabia: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 44 UAE: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 45 UAE: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 46 Israel: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 47 Israel: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 48 South Africa: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 49 South Africa: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 50 Latin America: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 51 Latin America: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 52 Mexico: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 53 Mexico: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 54 Brazil: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 55 Brazil: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
- Table 56 Argentina: Specialty Lighting Market, by Application, 2018 - 2030 (USD Million)
- Table 57 Argentina: Specialty Lighting Market, by Light Source, 2018 - 2030 (USD Million)
List of Figures
Figure 1 Global Specialty Lighting Market, 2018 - 2030 (USD Million)
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology: Top-Down & Bottom-Up Approach
Figure 4 Market by Geography
Figure 5 Porter's Five Forces
Figure 6 Market by Application
Figure 7 Global Specialty Lighting Market, by Application, 2021 & 2030 (USD Million)
Figure 8 Market by Light Source
Figure 9 Global Specialty Lighting Market, by Light Source, 2021 & 2030 (USD Million)
Figure 10 Specialty Lighting Market Assessment, By Geography, 2018 - 2030 (USD Million)
Figure 11 Strategic Analysis - Specialty Lighting Market
