Energy-Efficient Labels & Standards Programs to Boost Growth of Ambient Lighting Market

1
Ambient Lighting Market by Offering (Hardware,
and Software Services), Type (Surface-Mounted
Lights, Strip Lights, Track Lights, Recessed
Lights, and Suspended Lights), End User, and
Region - Global Forecast to 2023
www.MarketsandMarkets.com
2
The growth of the ambient lighting market can be
attributed to the rising awareness about
energy-efficient lighting solutions and stringent
government regulations pertaining to the
implementation of energy-efficient lighting
sources. The rising number of infrastructural
projects worldwide is also contributing to the
market growth. Residential sector to hold the
largest share of the ambient lighting market
between 2017 and 2023 The residential sector is
expected to hold the largest share of the ambient
lighting market between 2017 and 2023. This
market growth can be attributed to the rising
infrastructure-building activities worldwide. In
addition, factors such as ongoing technological
advancements, increasing consumer preferences for
better interior designing, and increasing need
for energy-efficient lighting are driving the
growth of the ambient lighting market for the
residential sector. PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp
?id32647715

3
Market for lighting control units to grow at a
high rate between 2017 and 2023 The market for
lighting control units is expected to grow at a
high rate between 2017 and 2023.  Lighting
control units offer multiple benefits such as
stand-alone lighting control and reduced
installation costs. These units help in
controlling multiple lights from single point of
source. The control systems are usually
integrated with trending technologies such as
IoT this makes their operations more effective.
Due to these reasons, the demand for automation
and smart lighting is increasing, thereby driving
the growth of the ambient lighting market for
lighting control units. Request for
Customization https//www.marketsandmarkets.com/
requestCustomization.asp?id32647715
4
The ambient lighting market, on the basis of
offering, has been classified into hardware, and
software services. The market for software and
services is expected to grow at a high rate
between 2017 and 2023. The market growth can be
attributed to the increasing integration of
wireless networks, IoT, and other technologies in
lighting systems. Moreover, the integration of
these technologies in lighting systems ensures
energy-efficient solutions to consumers. Among
the various types of ambient lights, recessed
lights hold the largest share of the ambient
lighting market owing to their high demand and
wide applications. These lights offer an
advantage of being hidden light sources as their
control units are embedded in ceilings, which
provides a fine finish to the interior. Recessed
lighting has a wide range of applications in the
office building, residential, industrial,
hospitality, and retail sectors. The demand for
recessed lights is increasing with the growth in
the above-mentioned sectors worldwide. Request
Sample _at_ https//www.marketsandmarkets.com/request
sample.asp?id32647715
5
APAC to hold the largest share of the ambient
lighting market by 2023 Asia Pacific is expected
to hold the largest share of the ambient lighting
market by 2023. The market growth can be
attributed to the rapidly increasing
infrastructure-building activities being
undertaken in the region. In addition, growing
awareness about energy-efficient light sources
and technologies and increasing standard of
living are supporting the growth of the market in
APAC. Governments in countries such as China and
India are focusing on implementing stringent
regulations and guidelines related to lighting
installation across various industries in the
region. The major players in the ambient
lighting market are Phillips Lighting Holding
B.V. (Netherlands), General Electric Company
(US), OSRAM Licht AG (Germany), Cree, Inc. (US),
and Acuity Brands, Inc. (US). Speak to analyst
_at_ https//www.marketsandmarkets.com/speaktoanalyst
.asp?id32647715
6
Market Ecosystem The ecosystem of the ambient
lighting market comprises component
manufacturers, such as Philips Lighting Holding
B.V. (Netherlands), Cree, Inc. (US), Acuity
Brands Lighting Inc. (US), and OSRAM Licht GmBH
(Germany), and system integrators, such as,
Pasolite (India), LIGMAN Lighting Co., Ltd.
(Thailand), and Thorn Lighting (UK). Buy
Now https//www.marketsandmarkets.com/Purchase/p
urchase_report1.asp?id32647715
7
Browse gtgt 62 market data
tables 42 figures
148 pages and in-depth TOC "Automotive
Wheel Market by Rim Size (13-15,16-18,19-21,gt21
inch), Material (Steel, Alloy, Carbon Fiber),
Off-highway (Construction Mining, Agriculture
Tractors) Vehicle Type, Vehicle Class, End-Use,
and Region - Global Forecast to 2025 Early
buyers will receive 10 customization on this
report. This study answers several questions
for the stakeholders, primarily which market
segments to focus on in the next two to five
years to prioritize efforts and investments.
8
ContactMr. Shelly SinghMarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 sales_at_marketsandmarke
ts.com