LAMEA Architectural Lighting Market

LAMEA Architectural Lighting Market Size, Share & Industry Trends Analysis Report By Application Area (Indoor and Outdoor), By End User (Commercial and Residential), By Light Type, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-9999 Publication Date: July-2022 Number of Pages: 81
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Market Report Description

The Latin America, Middle East and Africa Architectural Lighting Market would witness market growth of 11.9% CAGR during the forecast period (2022-2028).

Urbanization growth, advancements in lighting technology, and rising demand for energy-efficient lighting products have all been seen in the industry. The switch from fluorescent to LED lighting systems has made it easier for lighting designers to include a variety of fixtures in both residential and commercial structures. Architectural lighting is consequently becoming very well-liked among interior designers. By enhancing the aesthetic attractiveness of the structure, architectural lights assist in highlighting each part of a huge room, such as a theatre, museum, restaurant, or workplace.

Market players are providing sensor-equipped smart lighting solutions to deliver effective on-demand lighting. Growing potential for market expansion includes the introduction of smart lighting and control systems, which offer intelligent control with low energy consumption, excellent performance, and the capacity to modify light intensity based on consumer needs. The market for architectural lighting is also being driven by the increased need for energy-efficient systems as well as greater investment in smart city architecture such as office buildings, roads, and bridges.

Dubai Power and Water Authority (DEWA) has emphasized the need of utilizing the eco-friendly features of household appliances to reduce electricity and water usage as part of its conservation drive. For both indoor and outdoor lighting, LED lights are more effective than traditional bulbs. Additionally, they last longer and emit less heat. Using light detectors to turn off exterior lighting throughout the day is advised by DEWA. Customers can also utilize timers and dimmers to regulate the lighting at particular hours. Instead of lighting the entire space, direct illumination is advised for certain areas. The finest methods for scheduling and controlling AC and lighting use smartphones and other mobile devices.

The Brazil market dominated the LAMEA Architectural Lighting Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $314 Million by 2028.The Argentina market is experiencing a CAGR of 12.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 11.6% during (2022 - 2028).

Based on Application Area, the market is segmented into Indoor and Outdoor. Based on End User, the market is segmented into Commercial and Residential. Based on Light Type, the market is segmented into Light-Emitting Diode (LED), High-Intensity Discharge (HID) and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Architectural Lighting Market is Predict to reach $15.4 Billion by 2028, at a CAGR of 10.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Acuity Brands Lighting, Inc., Ideal Industries, Inc., Delta Light N.V., Current Lighting Solutions, LLC, Siteco GmbH, Signify N.V., Zumtobel Group AG, and Technical Consumer Products, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Application Area

  • Indoor
  • Outdoor

By End User

  • Commercial
  • Residential

By Light Type

  • Light-Emitting Diode (LED)
  • High-Intensity Discharge (HID)
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Acuity Brands Lighting, Inc.
  • Ideal Industries, Inc.
  • Delta Light N.V.
  • Current Lighting Solutions, LLC
  • Siteco GmbH
  • Signify N.V.
  • Zumtobel Group AG
  • Technical Consumer Products, Inc
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