Ambient Lighting Market By Size, Growth, Trends and Forecast 2029| TechSci Research

Summary

Report Description

Forecast Period	2025-2029
Market Size (2023)	USD 58.79 billion
Market Size (2029)	USD 97.42 billion
CAGR (2024-2029)	8.62%
Fastest Growing Segment	Lamps
Largest Market	Asia Pacific

Market Overview

Global Ambient Lighting market has experienced tremendous growth in recent years and is poised to maintain strong momentum through 2029. The market was valued at USD 58.79 billion in 2023 and is projected to register a compound annual growth rate of 8.62% during the forecast period. The global Ambient Lighting Market has experienced substantial growth in recent years, driven by its widespread adoption across various industry verticals. Key sectors such as manufacturing, healthcare, transportation, and logistics have recognized the significance of Ambient Lighting solutions in developing precise systems for capturing and analyzing operational data in challenging environmental conditions. Organizations have made significant investments in advanced Ambient Lighting technologies to meet stringent analytical requirements and enhance work efficiency in wet and humid conditions. Prominent providers have introduced innovative offerings with enhanced capabilities for wireless connectivity, real-time data visualization, and scalable data infrastructure. These advancements enable automated processes, generation of strategic insights, and performance monitoring recommendations. By leveraging Ambient Lighting solutions, business leaders can ensure high-quality data capture even in wet conditions, extract optimal value from the data, and streamline operations. Various sectors actively collaborate with specialists to develop customized solutions that align with their unique analytical needs and strategic objectives, particularly for applications in and around water. Furthermore, the growing emphasis on evidence-based decision-making is driving the demand for cameras capable of capturing high-quality visual data in all environmental conditions. The integration of technologies such as the Internet of Things (IoT), sensors, and analytics platforms has revolutionized Ambient Lighting capabilities. The market's ability to support end-to-end data workflows encompassing large-scale, high-quality collection of visual data in wet conditions will shape its long-term prospects. As the need for precise and efficient data capture and analytics continues to rise across industries operating in wet environments, the Ambient Lighting Market is expected to maintain its positive trajectory in the coming years.

Key Market Driver

Increasing Demand for Energy-efficient Lighting Solutions

The first driver for the Ambient Lighting Market is the growing demand for energy-efficient lighting solutions. With increasing concerns about environmental sustainability and rising energy costs, businesses and consumers are actively seeking lighting options that are both eco-friendly and cost-effective. Ambient lighting solutions, such as LED lights, offer significant energy savings compared to traditional lighting technologies. LED lights consume less power, have a longer lifespan, and emit less heat, making them an ideal choice for ambient lighting applications. The focus on energy efficiency is driving the adoption of ambient lighting solutions across various sectors, including commercial buildings, residential spaces, and industrial facilities.

Rising Emphasis on Enhancing User Experience and Well-being

Another key driver for the Ambient Lighting Market is the growing emphasis on enhancing user experience and well-being. Lighting plays a crucial role in creating a comfortable and productive environment for individuals. Ambient lighting solutions are designed to provide the right balance of brightness, color temperature, and intensity to create a pleasant atmosphere. Research has shown that well-designed lighting can positively impact mood, productivity, and overall well-being. As a result, businesses and organizations are investing in ambient lighting solutions to create visually appealing spaces that promote a sense of comfort and enhance the overall user experience. This trend is particularly evident in sectors such as hospitality, healthcare, and retail, where creating a welcoming and soothing ambiance is essential.

Technological Advancements and Integration with Smart Systems

Technological advancements and the integration of ambient lighting solutions with smart systems are driving the growth of the market. The emergence of Internet of Things (IoT) technology has enabled the development of smart lighting systems that can be controlled and monitored remotely. Ambient lighting solutions can now be integrated with sensors, motion detectors, and automated controls to create intelligent lighting systems. These systems can adjust lighting levels based on occupancy, time of day, and natural light availability, resulting in energy savings and enhanced convenience. Additionally, the integration of ambient lighting with other smart devices and systems, such as home automation systems and voice assistants, allows users to control and customize their lighting settings effortlessly. The increasing adoption of smart home and building automation technologies is fueling the demand for ambient lighting solutions that can seamlessly integrate with these systems.

the Ambient Lighting Market is driven by the increasing demand for energy-efficient lighting solutions, the rising emphasis on enhancing user experience and well-being, and the technological advancements and integration with smart systems. These drivers are shaping the growth of the market and creating opportunities for businesses to provide innovative and sustainable lighting solutions across various sectors..

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Key Market Challenges

Cost and Affordability Challenges

One of the significant challenges facing the Ambient Lighting Market is the cost and affordability of implementing ambient lighting solutions. While the demand for energy-efficient and visually appealing lighting is increasing, the initial investment required for installing ambient lighting systems can be substantial. The cost of LED lights, sensors, controls, and other components needed for ambient lighting can be higher compared to traditional lighting options. This cost factor can pose a barrier for small businesses and budget-conscious consumers who may find it challenging to justify the upfront expenses.

Retrofitting existing lighting systems with ambient lighting solutions can also be a complex and costly process. It may involve rewiring, replacing fixtures, and integrating smart controls, which can add to the overall expenses. The affordability challenge is particularly relevant in price-sensitive markets and regions with limited financial resources. To address this challenge, manufacturers and suppliers need to focus on developing cost-effective ambient lighting solutions without compromising on quality and performance. Government incentives and subsidies for energy-efficient lighting can help alleviate the financial burden and encourage wider adoption of ambient lighting technologies.

Compatibility and Integration Issues

Another significant challenge in the Ambient Lighting Market is the compatibility and integration issues that arise when implementing ambient lighting systems. Ambient lighting solutions often involve the integration of various components, such as LED lights, sensors, controls, and smart systems. Ensuring seamless compatibility and interoperability among these components can be a complex task, especially when dealing with products from different manufacturers.

Compatibility issues can arise at different levels, including hardware, software, and communication protocols. For example, integrating ambient lighting controls with existing building management systems or home automation platforms may require compatibility with specific protocols such as Zigbee, Z-Wave, or Wi-Fi. Incompatibility between different systems can lead to functionality issues, limited control options, and difficulties in managing and maintaining the ambient lighting setup.

To overcome these challenges, industry stakeholders need to work towards standardization and interoperability of ambient lighting technologies. Collaboration among manufacturers, system integrators, and industry associations can help establish common standards and protocols for seamless integration. Additionally, investing in research and development to develop open-platform solutions and providing comprehensive compatibility guidelines can simplify the integration process and enhance the user experience.

The Ambient Lighting Market faces challenges related to cost and affordability, as well as compatibility and integration issues. Overcoming these challenges requires industry players to focus on developing cost-effective solutions, leveraging government incentives, and promoting standardization and interoperability. By addressing these challenges, the market can unlock its full potential and cater to the increasing demand for energy-efficient and visually appealing lighting solutions across various sectors.

Key Market Trends

Increasing Adoption of Smart Lighting Systems

The first trend in the Ambient Lighting Market is the increasing adoption of smart lighting systems. Smart lighting solutions leverage advanced technologies such as Internet of Things (IoT), sensors, and connectivity to offer enhanced control, automation, and customization options. These systems allow users to adjust lighting settings remotely, create personalized lighting scenes, and integrate with other smart devices and systems. The demand for smart lighting is driven by the growing popularity of smart homes, smart buildings, and the need for energy efficiency and convenience. As consumers and businesses seek more intelligent and connected lighting solutions, the market for smart ambient lighting is expected to witness significant growth.

Integration of Ambient Lighting with Health and Wellness Concepts

Another notable trend in the Ambient Lighting Market is the integration of ambient lighting with health and wellness concepts. Lighting has a profound impact on human well-being, mood, and productivity. As a result, there is a growing focus on creating lighting environments that promote relaxation, concentration, and overall well-being. Ambient lighting solutions are being designed to mimic natural light patterns, adjust color temperature according to circadian rhythms, and provide dynamic lighting effects that can positively influence mood and productivity. This trend is particularly prominent in sectors such as healthcare, hospitality, and residential spaces, where creating a soothing and comfortable ambiance is crucial. The integration of ambient lighting with health and wellness concepts is expected to drive the demand for specialized lighting solutions that cater to specific human-centric lighting needs.

Growing Demand for Energy-efficient and Sustainable Lighting Solutions

The third trend shaping the Ambient Lighting Market is the growing demand for energy-efficient and sustainable lighting solutions. With increasing environmental concerns and the need to reduce energy consumption, businesses and consumers are actively seeking lighting options that are eco-friendly and cost-effective. Ambient lighting solutions, such as LED lights, offer significant energy savings compared to traditional lighting technologies. LED lights consume less power, have a longer lifespan, and emit less heat, making them an ideal choice for ambient lighting applications. The focus on energy efficiency and sustainability is driving the adoption of ambient lighting solutions across various sectors, including commercial buildings, residential spaces, and industrial facilities. As the demand for environmentally friendly lighting solutions continues to rise, manufacturers are investing in research and development to improve the efficiency and performance of ambient lighting technologies, further driving the market growth.

The Ambient Lighting Market is witnessing trends such as the increasing adoption of smart lighting systems, the integration of ambient lighting with health and wellness concepts, and the growing demand for energy-efficient and sustainable lighting solutions. These trends reflect the evolving needs and preferences of consumers and businesses, driving innovation and growth in the market.

Segmental Insights

By Product Type Insights

In 2023, the LED Strips segment dominated the Ambient Lighting Market and is expected to maintain its dominance during the forecast period. LED strips are flexible, versatile, and easy to install, making them a popular choice for ambient lighting applications. LED strips offer a wide range of color options, brightness levels, and customizable lighting effects, allowing users to create dynamic and visually appealing lighting designs. The dominance of the LED strips segment can be attributed to several factors. LED strips are highly energy-efficient, consuming less power compared to traditional lighting sources. This energy efficiency not only reduces electricity costs but also aligns with the growing demand for sustainable and eco-friendly lighting solutions. LED strips are widely used in various settings, including residential, commercial, and hospitality sectors. They can be easily installed under cabinets, along ceilings, or behind furniture, providing subtle and indirect lighting that enhances the ambiance of a space. LED strips are compatible with smart lighting systems, enabling users to control and customize the lighting remotely through mobile apps or voice commands. This compatibility with smart home automation further drives the demand for LED strips in the Ambient Lighting Market. ongoing advancements in LED technology, such as improved efficiency, color accuracy, and durability, contribute to the sustained dominance of the LED strips segment. Manufacturers are continuously investing in research and development to enhance the performance and features of LED strips, ensuring they remain at the forefront of the Ambient Lighting Market. Overall, the LED strips segment is expected to maintain its dominance in the Ambient Lighting Market due to its energy efficiency, versatility, and compatibility with smart lighting systems.

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Regional Insights

In 2023, the Asia-Pacific region dominated the Ambient Lighting Market and is expected to maintain its dominance during the forecast period. The Asia-Pacific region comprises countries such as China, Japan, South Korea, India, and Australia, among others. The dominance of this region can be attributed to several factors. The rapid urbanization and infrastructural development in countries like China and India have led to increased demand for ambient lighting solutions in residential, commercial, and public spaces. The growing middle-class population and rising disposable incomes have also contributed to the surge in demand for ambient lighting products in the region. The Asia-Pacific region is home to several major manufacturers and suppliers of ambient lighting products, which gives it a competitive advantage in terms of production capabilities and cost-effectiveness. Governments in the region have been actively promoting energy-efficient lighting solutions and implementing favorable policies and incentives to encourage the adoption of ambient lighting technologies. This has further fueled the growth of the Ambient Lighting Market in the Asia-Pacific region. The increasing focus on smart city initiatives and sustainable development in countries like Singapore, South Korea, and Japan has created significant opportunities for the deployment of smart lighting systems, driving the demand for ambient lighting products. The Asia-Pacific region's dominance in the Ambient Lighting Market is expected to continue during the forecast period due to the region's strong economic growth, urbanization trends, supportive government initiatives, and the presence of key market players.

Recent Developments

In October 2023, Metra Electronics' Heise LED Lighting Systems® plans to debut new ambient lighting kits at SEMA . The lineup comprises an 18-piece chasing interior ambient lighting kit, a chasing LED ambient door lighting kit, and a chasing LED ambient dash lighting kit. These cutting-edge products will be on display from October 31 to November 3 at the Las Vegas Convention Center in Las Vegas, Nevada.

Key Market Players

Signify N.V.
ACUITY BRANDS, INC
General Electric Company
OSRAM Licht AG
Wolfspeed, Inc
Legrand S.A
Zumtobel Group AG
Lutron Electronics Co., Inc
Dialight plc
Advanced Lighting Technologies, LLC

By Product Type	By Technology	By End User	By Region
LED Strips Lamps Fixtures Others	Traditional Smart Lighting	Consumers Businesses Automotive Industry Healthcare Facilities	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Ambient Lighting Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Ambient Lighting Market, By Product Type:

o LED Strips

o Lamps

o Fixtures

o Others

Ambient Lighting Market, By Technology:

o Traditional

o Smart Lighting

Ambient Lighting Market, By End User:

o Consumers

o Businesses

o Automotive Industry

o Healthcare Facilities

Ambient Lighting Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Kuwait

§ Turkey

§ Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Ambient Lighting Market.

Available Customizations:

Global Ambient Lighting Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Ambient Lighting Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Formulation of the Scope

2.4. Assumptions and Limitations

2.5. Types of Research

2.5.1. Secondary Research

2.5.2. Primary Research

2.6. Approach for the Market Study

2.6.1. The Bottom-Up Approach

2.6.2. The Top-Down Approach

2.7. Methodology Followed for Calculation of Market Size & Market Shares

2.8. Forecasting Methodology

2.8.1. Data Triangulation & Validation

3. Executive Summary

4. Voice of Customer

5. Global Ambient Lighting Market Overview

6. Global Ambient Lighting Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type (LED Strips, Lamps, Fixtures, Others)

6.2.2. By Technology (Traditional, Smart Lighting)

6.2.3. By End User (Consumers, Businesses, Automotive Industry, Healthcare Facilities)

6.2.4. By Region

6.3. By Company (2023)

6.4. Market Map

7. North America Ambient Lighting Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Technology

7.2.3. By End User

7.2.4. By Country

7.3. North America: Country Analysis

7.3.1. United States Ambient Lighting Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By Technology

7.3.1.2.3. By End User

7.3.2. Canada Ambient Lighting Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By Technology

7.3.2.2.3. By End User

7.3.3. Mexico Ambient Lighting Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By Technology

7.3.3.2.3. By End User

8. Europe Ambient Lighting Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Technology

8.2.3. By End User

8.2.4. By Country

8.3. Europe: Country Analysis

8.3.1. Germany Ambient Lighting Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Technology

8.3.1.2.3. By End User

8.3.2. United Kingdom Ambient Lighting Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Technology

8.3.2.2.3. By End User

8.3.3. Italy Ambient Lighting Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Technology

8.3.3.2.3. By End User

8.3.4. France Ambient Lighting Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By Technology

8.3.4.2.3. By End User

8.3.5. Spain Ambient Lighting Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By Technology

8.3.5.2.3. By End User

9. Asia-Pacific Ambient Lighting Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Technology

9.2.3. By End User

9.2.4. By Country

9.3. Asia-Pacific: Country Analysis

9.3.1. China Ambient Lighting Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Technology

9.3.1.2.3. By End User

9.3.2. India Ambient Lighting Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Technology

9.3.2.2.3. By End User

9.3.3. Japan Ambient Lighting Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Technology

9.3.3.2.3. By End User

9.3.4. South Korea Ambient Lighting Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Product Type

9.3.4.2.2. By Technology

9.3.4.2.3. By End User

9.3.5. Australia Ambient Lighting Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Product Type

9.3.5.2.2. By Technology

9.3.5.2.3. By End User

10. South America Ambient Lighting Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Technology

10.2.3. By End User

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Ambient Lighting Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type

10.3.1.2.2. By Technology

10.3.1.2.3. By End User

10.3.2. Argentina Ambient Lighting Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type

10.3.2.2.2. By Technology

10.3.2.2.3. By End User

10.3.3. Colombia Ambient Lighting Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type

10.3.3.2.2. By Technology

10.3.3.2.3. By End User

11. Middle East and Africa Ambient Lighting Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Product Type

11.2.2. By Technology

11.2.3. By End User

11.2.4. By Country

11.3. MEA: Country Analysis

11.3.1. South Africa Ambient Lighting Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product Type

11.3.1.2.2. By Technology

11.3.1.2.3. By End User

11.3.2. Saudi Arabia Ambient Lighting Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product Type

11.3.2.2.2. By Technology

11.3.2.2.3. By End User

11.3.3. UAE Ambient Lighting Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product Type

11.3.3.2.2. By Technology

11.3.3.2.3. By End User

11.3.4. Kuwait Ambient Lighting Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value

11.3.4.2. Market Share & Forecast

11.3.4.2.1. By Product Type

11.3.4.2.2. By Technology

11.3.4.2.3. By End User

11.3.5. Turkey Ambient Lighting Market Outlook

11.3.5.1. Market Size & Forecast

11.3.5.1.1. By Value

11.3.5.2. Market Share & Forecast

11.3.5.2.1. By Product Type

11.3.5.2.2. By Technology

11.3.5.2.3. By End User

11.3.6. Egypt Ambient Lighting Market Outlook

11.3.6.1. Market Size & Forecast

11.3.6.1.1. By Value

11.3.6.2. Market Share & Forecast

11.3.6.2.1. By Product Type

11.3.6.2.2. By Technology

11.3.6.2.3. By End User

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Company Profiles

14.1. Signify N.V.

14.1.1. Business Overview

14.1.2. Key Revenue and Financials

14.1.3. Recent Developments

14.1.4. Key Personnel/Key Contact Person

14.1.5. Key Product/Services Offered

14.2. Acuity Brands, Inc

14.2.1. Business Overview

14.2.2. Key Revenue and Financials

14.2.3. Recent Developments

14.2.4. Key Personnel/Key Contact Person

14.2.5. Key Product/Services Offered

14.3. Legrand S.A

14.3.1. Business Overview

14.3.2. Key Revenue and Financials

14.3.3. Recent Developments

14.3.4. Key Personnel/Key Contact Person

14.3.5. Key Product/Services Offered

14.4. OSRAM Licht AG

14.4.1. Business Overview

14.4.2. Key Revenue and Financials

14.4.3. Recent Developments

14.4.4. Key Personnel/Key Contact Person

14.4.5. Key Product/Services Offered

14.5. Wolfspeed, Inc

14.5.1. Business Overview

14.5.2. Key Revenue and Financials

14.5.3. Recent Developments

14.5.4. Key Personnel/Key Contact Person

14.5.5. Key Product/Services Offered

14.6. Dialight plc

14.6.1. Business Overview

14.6.2. Key Revenue and Financials

14.6.3. Recent Developments

14.6.4. Key Personnel/Key Contact Person

14.6.5. Key Product/Services Offered

14.7. General Electric Company

14.7.1. Business Overview

14.7.2. Key Revenue and Financials

14.7.3. Recent Developments

14.7.4. Key Personnel/Key Contact Person

14.7.5. Key Product/Services Offered

14.8. Zumtobel Group AG

14.8.1. Business Overview

14.8.2. Key Revenue and Financials

14.8.3. Recent Developments

14.8.4. Key Personnel/Key Contact Person

14.8.5. Key Product/Services Offered

14.9. Lutron Electronics Co., Inc

14.9.1. Business Overview

14.9.2. Key Revenue and Financials

14.9.3. Recent Developments

14.9.4. Key Personnel/Key Contact Person

14.9.5. Key Product/Services Offered

14.10. Advanced Lighting Technologies, LLC

14.10.1. Business Overview

14.10.2. Key Revenue and Financials

14.10.3. Recent Developments

14.10.4. Key Personnel/Key Contact Person

14.10.5. Key Product/Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Ambient Lighting Market in 2023?

The market size of the Global Ambient Lighting Market was USD 58.79 billion in 2023.

Which was the dominant segment By Technology in the Global Ambient Lighting Market in 2023?

"Smart lighting" emerged as the dominant segment in the Global Ambient Lighting Market in 2023 due to its integration with IoT technology, allowing for remote control, energy efficiency, and personalized lighting experiences.

Which is the dominant region in the Global Ambient Lighting Market?

Asia Pacific leads the Global Ambient Lighting Market due to rapid urbanization, increasing disposable income, and a growing emphasis on smart home technologies in countries like China, India, and Japan.

What are the major drivers for the Global Ambient Lighting Market?

The major drivers for the Global Ambient Lighting Market include Increasing demand for energy-efficient lighting solutions, rising emphasis on enhancing user experience and well-being, and technological advancements and integration with smart systems.

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Press Release

Ambient Lighting Market is expected to register a CAGR of 8.62% during the forecast period

Jan, 2024

Ambient Lighting is increasing due to widening adoption across multiple industry verticals like manufacturing, healthcare, transportation, and logistics in the forecast period, 2025-2029F.

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