Title: Ambient lighting market share research by applications and regions for 2017 2024
1Ambient Lighting Market share research by
applications and regions for 2017-2024 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Application Analysis of Ambient Lighting Market
- Ambient Lighting Market size will witness growth
due to the rising demand for comfortable
innovative lighting solutions, growing trend of
contemporizing of infrastructure, and the need
for energy-efficient solutions. The growing
number of infrastructural projects and rising
consumer demand for enhanced interior design
contributes to the ambient lighting market
growth. - These systems are being increasingly used to
provide consistent, uniform, and glare free
lighting, due to increasing focus on consumer
satisfaction. These factors are expected to drive
the ambient lighting market growth over the
forecast timespan. In the past few years, rising
concerns over global climate change has led to
the implementation of various rules and
regulations pertaining to energy efficiency.
Increasing inefficiency of incandescent bulbs,
owing to excess heat generation is making these
solutions a more preferred option, thus aiding
the ambient lighting market growth.
3Continued
- The increasing demand for connected lighting and
automation is contributing to the ambient
lighting market growth. The growth can be
credited to the increasing deployment across
various end-use sectors such as retail,
hospitality, corporate buildings offices,
industrial, and healthcare to enrich the overall
experience. Increasing need for a soothing
ambience for employees in offices is contributing
to the growth. The need for sophisticated LEDs in
cars for a pleasant, refreshing, and contemporary
touch is driving companies to invest in
implementing illumination in car interiors. For
instance, OSRAM Automotive offers LEDambient
CONNECT, an LED product, that is designed to add
colors to the car interior. - These systems offer advantages such as low
maintenance operational costs, reduced
installation costs, and higher flexibility due to
wireless control, thus boosting the ambient
lighting market growth. Furthermore, the
capability of these illumination devices to
enhance the retail experience for customers and
deliver a clear bright light contributes to the
industry demand.
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5Continued
- For instance, GE Lightings GE Infusion LED
modules are deployed in John Lewis Ipswich store,
that provides, future-proof installation, thereby
enhancing the retail experience for John Lewis
customers. Philips Lighting launched a new range
of LED spot lamps Philips Master LED ExpertColor
MR16 and GU10. The companies are increasingly
investing in development of newer products for
retail space, thus propelling the industry
growth. - The ambient light market is segmented into
software and hardware. Hardware includes lamps,
luminaries, and lighting control. The industry is
segmented into strip, track, surface mounted,
recessed, and suspended lights. Recessed
solutions offer a soft ambient glow and are
widely used for paintings or artwork. The
recessed systems are expected to hold a majority
share, owing to the embedded control units, that
gives interior the finished look. Track systems
are used for illuminating shelves or for narrow,
long rooms. Surface mounted systems are used for
general indoor applications which require
suspended solutions.
6Regional Analysis for Ambient Lighting Market
- Asia Pacific ambient lighting market is expected
to grow at a significant rate, owing to
increasing standard of living. Introduction of
legislations regarding energy efficiency is
favoring the industry growth. - With the rising number of private museums in
China, the need for highlighting the museums
attractions, creating a perfect ambience for the
audience and providing the correct reading
environment is increasing. The growing importance
of these illumination systems in the museums is
set to drive growth in the China ambient lighting
market.
7Competitive Market Share of Ambient Lighting
Market
- Samsung
- Cree Inc.
- Royal Philips
- Osram Light AG
- Acuity Brands Inc.
- Thorn Lighting
- GE Lighting
- Advanced Lighting Technologies, Inc.
- Nualight Limited.
- Companies are trying to implement these systems
in TVs, thus allowing eyes to remain focused.
Moreover, they are investing in technology
development such as automation of the functioning
of lamps that can automatically switch off at
sunrise, thus avoiding unnecessary energy
consumption during the day.
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