Dec 1, 2017   SOURCE: BusinessWire

High-End Lighting Market - Expected to Reach $24.3 Billion by 2025 - Research and Markets

The "High-End Lighting Market Analysis By Light Source Type, By Interior Design Type, By End User Type, And Segment Forecasts, 2015 - 2025" report has been added to Research and Markets' offering.

The global high-end lighting market is expected to reach USD 24.32 billion by 2025, growing at a CAGR of 6.1%, according to a new report. Increasing demand for connected lighting system has been a major factor driving market growth. Some major technological innovations in this particular market such as connected, dimmable, color changing, and sensor-enabled lightings have contributed largely to the market growth.

The introduction of LEDs in recent years has changed market dynamics for high-end lighting which was previously dominated by conventional lights such as fluorescent lights, halogen and incandescent bulbs. Governments across all major countries have taken initiatives for the adoption of LEDs in order to save energy and reduce environmental pollution which is further anticipated to boost the market growth for high-end lighting.

High-end fluorescent lamps accounted for maximum revenue generation in 2016. The demand for high-end LED lighting is increasing and it is projected to gain huge market share by 2025. The factors such as enhanced LED features, government initiatives for ban on incandescent bulbs and increasing demand for energy efficient lighting is anticipated to drive the market growth for high-end LEDs.

Companies Mentioned

  • Acuity Brands Lighting, Inc.
  • COOPER LIGHTING, LLC
  • CREE, Inc.
  • Digital Lumens, Inc.
  • General Electric Company
  • Honeywell International Inc.
  • Legrand S.A.
  • Lutron Electronics Co., Inc.
  • OSRAM Licht AG
  • Philips Lighting Holding B.V.
  • Streetlight. Vision

Key Topics Covered:

Chapter 1 Research Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 High-end lighting Industry Outlook

Chapter 4 High-end Lighting Market: Light Source Estimates & Trend Analysis

Chapter 5 High-end Lighting Market: Application Type Estimates & Trend Analysis

Chapter 6 High-End Lighting Market: Interior Design Estimates & Trend Analysis

Chapter 7 High-end Lighting Market: End User Estimates & Trend Analysis

Chapter 8 High-end lighting: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/36tt5j/highend_lighting