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Architectural Lighting Market Share

Report ID: GMI9860
Published Date: Jun 2024
Report Format: PDF

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Architectural Lighting Market Share

Signify Holding and OSRAM GmbH hold a significant share of over 20% in the market. Signify Holding is a global leader in lighting solutions, offering LED luminaires, bulbs, smart lighting systems, and architectural fixtures. Focusing on energy efficiency, connectivity, and sustainability, Signify invests heavily in research and development. With operations in over 70 countries, the company partners with architects and technology firms to integrate lighting with smart home and building automation systems.

OSRAM GmbH is a global provider of lighting solutions and specialty products for automotive, industrial, and architectural applications. With a focus on advanced technologies like LED, OLED, and laser lighting, the company offers a comprehensive portfolio of LED luminaires, lamps, control systems, and components. OSRAM's global presence includes manufacturing facilities, research centers, and sales offices in over 150 countries, ensuring broad market coverage and customer support.

Architectural Lighting Market Companies

Major players operating in the architectural lighting industry are:

Signify Holding
OSRAM GmbH
Acuity Brands, Inc.
Cree Lighting
Eaton (Cooper Lighting Solutions)
Zumtobel Group
Legrand SA

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for architectural lighting was valued at USD 9.27 billion in 2023 and is anticipated to register over 8% CAGR between 2024 and 2032, driven by the evolving needs of urban landscapes.

Indoor architectural lighting market accounted for over 55% share in 2023 and will gain traction by 2032, owing to the growing emphasis on interior design across various sectors.

Asia Pacific industry held over 30% share in 2023 and will grow rapidly through 2032, owing to unprecedented rates of urbanization.

Signify Holding, OSRAM GmbH, Acuity Brands, Inc, Cree Lighting, Eaton (Cooper Lighting Solutions), Zumtobel Group, and Legrand SA among others.