Boston, MA -- (SBWIRE) -- 05/16/2017 -- Architectural lighting is defined as lighting, used to illuminate building structures with architectural elements. They are used for both functional and decorative purpose. The architectural lighting market includes lighting applications for indoor lighting and outdoor lighting. The indoor and outdoor segments are the major drivers for the architectural lighting market. In indoor lighting, it includes decorative and functional lighting for homes, hotels and restaurants and outdoor lighting includes events, shows and functions. Architectural lighting can be either traditional or LED lighting. Traditional lighting is categorized into linear fluorescent lamps (LFLs), compact fluorescent lamps (CFLs), and high-density discharge (HID) lights. The traditional lighting in the architectural lighting market will observe a decline in the sales due to the increasing popularity of the LED technology during the forecast period.

Get More Details on this Report and a Full Table of Contents at Global Architectural Lighting Market 2017-2021

Technavio's analysts forecast the global architectural lighting market to grow at a CAGR of 0.98% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global architectural lighting market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Architectural Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Cree Lighting
-OSRAM GmbH
-Philips Lighting
-Samsung LED
-Seoul Semiconductor
-GE Lighting

Other prominent vendors

-GRIVEN
-CLS LED
-OMS
-Orlight

Market driver

-Introduction of energy efficient certification programs.
-For a full, detailed list, view our report

Market challenge

-Limited thermal tolerance of LED.
-For a full, detailed list, view our report

Market trend

-Shift towards sapphire wafers with large diameter.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Cree Lighting, OSRAM GmbH, Philips Lighting, Samsung LED, Seoul Semiconductor, GE Lighting, GRIVEN, CLS LED, OMS, Orlight

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