The major factors driving the growth of the market are technological developments, increasing infrastructural projects, growing acceptance of smart lighting, and rising demand for better interior designs by customers. The increase in need for energy efficient lighting systems is a key opportunity that is expected to propel the market growth. However, the high cost of ambient lighting solution compared to traditional lighting solution is hindering the market growth.
The "Global Ambient Lighting Market Analysis to 2025" is a specialized and in-depth study of the ambient lighting industry with a focus on the global market trend. The report aims to provide an overview of global ambient lighting market with detailed market segmentation by offerings, types, end-user and geography. The global ambient lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Ambient lighting is system utilized to lighten the indoor and outdoor areas with sufficient brightness without any glare. Among the lighting systems, the ambient lighting systems are one of the leading solutions that attracts customers across the world. A major benefit of using this type of lighting is that it is desired to reduce the number of lights.
Some of the key players influencing the market are Phillips Lighting Holding B.V., Cree, Inc., OSRAM Licht GmBH, General Electric, Wipro Lighting, DRAXLMAIER Group, Thorn Lighting, Hubbell Lighting, EATON, and Häfele America Co. among others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global ambient lighting market based on offerings, types, and end-user. It also provides market size and forecast till 2025 for overall ambient lighting market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions.
Also, key ambient lighting market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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