How big is the Ambient Lighting Market?

The Ambient Lighting Market size is expected to reach USD 69.57 billion in 2024 and grow at a CAGR of 8.90% to reach USD 106.55 billion by 2029. Read More

What is the current Ambient Lighting Market size?

In 2024, the Ambient Lighting Market size is expected to reach USD 69.57 billion. Read More

Who are the key players in Ambient Lighting Market?

Acuity Brands Inc., OSRAM Licht AG, Koninklijke Philips NV, Samsung Electronics Co. Ltd and Eaton Corporation Inc. are the major companies operating in the Ambient Lighting Market. Read More

Which is the fastest growing region in Ambient Lighting Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Ambient Lighting Market?

In 2024, the North America accounts for the largest market share in Ambient Lighting Market. Read More

What years does this Ambient Lighting Market cover, and what was the market size in 2023?

In 2023, the Ambient Lighting Market size was estimated at USD 63.88 billion. The report covers the Ambient Lighting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ambient Lighting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Ambient Lighting Market - Share, Report & Size

Ambient Lighting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Ambient Lighting Market Growth & Trends and it is Segmented by Offering (Lamps and Luminaires, Lighting Controls), by Type (Surface Mounted Lights, Suspended Lights, Track Lights, Strip Lights, Recessed Lights), by End User (Residential, Hospitality and Retail, Healthcare, Office Building, Automotive), and by Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Ambient Lighting Industry Overview

The Ambient Lighting Market is highly competitive and fragmented. Some of the players in this market include GE Lighting, Samsung Electronics Co. Ltd, Koninklijke Philips NV, OSRAM Licht AG, The Zumtobel Group, Wipro Consumer Care & Lighting Ltd, Hafele America Co., Acuity Brands Inc., and many more. The rising competition among major players to offer advanced technology-based solutions in the ambient lighting market is making them invest increasingly in R&D.

In October 2022, Osram and TacoTek announced that they cooperated to help revolutionize the car interior market by delivering thin, seamlessly integrated, three-dimensional illuminated structures. The companies have developed a demonstrator with the new RGB side-looker OSIRE E5515 LED from ams Osram, which with TactoTek's IMSE technology, can be integrated into automotive interiors in new types of space-saving design. The LED offers a brightness performance of 1100 mcd for red, 2600 mcd for green, and 500 mcd for blue color at 20 mA. Also, deep blue colors are available.

Similarly, in August 2022, Hafele Singapore partnered with SIXiDES Asia. It was an opportunity for Hafele Singapore to announce its new lighting and storage solutions. Over 60 interior designers got an exclusive first look and training at the gathering using Hafele's most recent lighting selection, LOOX LED and storage range, Kosmo.