Ambient Lighting Market Size to Reach USD 110.26 Billion in 2028 | Increasing Demand for Energy-Efficient Lighting Systems, Growing Focus on Lowering Carbon Footprint Are Key Factors Driving Industry Demand
Chandelier and other ceiling fixtures are most often used locations for ambient lighting. Ambient lighting allows individuals to easily navigate through the room and creates a comprehensive overview of the room. Increasing focus on improving room aesthetics, ensure proper visibility, and reduce consumption of energy have significantly contributed to the rising demand for ambient lighting systems. In addition, increasing preference for environmentally sustainable and low-carbon footprint energy systems has also contributed to revenue growth of the market.
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Governments across the globe have launched several initiatives to encourage adoption of energy-efficient lighting systems and reduce the overall consumption of electricity and energy. Increasing R&D activities to develop efficient lighting systems, rapid technological advancements in ambient lighting systems, rising deployment of smart and connected lighting systems are some other key factors driving market growth. However, high costs of installing ambient lighting systems and temperature sensitivity of ambient lighting are expected to lower their adoption and further restrain market growth to a certain extent over the forecast period.
Some Key Highlights in the Report:
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For the purpose of this report, Emergen Research has segmented the global ambient lighting market on the basis of type, offering, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
Offering Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
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Regional Outlook (Revenue, USD Billion; 2018-2028)
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