Decorative Lighting Market Size, Share, Price, Trends, Growth, Analysis, Report, Forecast 2022-2027
Global Decorative Lighting Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the decorative lighting market, assessing the market based on its segments like light source, product, end use, distribution channel, and regional markets among others.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/decorative-lighting-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 3.2%
The industry’s growth is being aided by the increased demand for LED decorative lighting, which is both cost-effective and energy efficient. Because of its endurance and adaptability, it is rapidly replacing incandescent decorative lighting, resulting in increased demand. Furthermore, LED lighting comes in a wide range of colours, forms, and brightness, making it perfect for usage in a wide range of decorative designs, boosting the decorative lighting industry’s growth.
The growing popularity of interior design in both residential and commercial structures is assisting the expansion of the decorative lighting industry. Lighting is commonly used to enhance the aesthetics of a space since it is one of the most important parts of interior design.
Furthermore, growing remodelling and remodelling activities in both developed and developing nations are resulting in an increase in the usage of decorative lighting, which is boosting market growth. The tendency was accelerated by the COVID-19 epidemic, which shifted householders’ attention to interior design as a result of stay-at-home orders and national lockdowns, resulting in major industry development.
Industry Definition and Major Segments
Decorative lighting is used to enhance the aesthetic of an enclosed environment, such as a house or an outdoor space. It may draw attention to different models, items, and artworks in rooms and hallways while also improving the overall aesthetics of the space. It’s also available in a variety of textures, designs, forms, and colours, among other things, which is why it’s becoming more popular in both residential and commercial settings.
Decorative lighting is made up of fluorescent, incandescent, and LED bulbs that generate brilliant or fading colours. The finished product has a true, bright look. Decorative lights are used as decorations in homes, companies, and other locations.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/decorative-lighting-market
The major light sources of decorative lighting are:
The market can be broadly categorised on the basis of products into:
• Wall Mounted
Based on end use, the market is bifurcated into:
By distribution channel, the industry is divided into:
The major regional markets of the decorative lighting market are:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa regions
The industry’s growth is being aided by the growing trend of bedroom lighting that may have relaxing effects while also being pleasing to the eye. Furthermore, rising environmental awareness is driving demand for decorative lights composed of organic materials, which is fueling market expansion.
The market is growing due to increased demand for ceiling-mounted decorative lighting to remodel spaces and improve their attractiveness. The introduction of dynamic lighting that can be controlled by smartphones is also propelling the decorative lighting market forward. The market’s growth is being aided by the increased demand for smart decorative lighting that automates lighting intensity.
Smart lighting uses less power and energy than traditional lighting since it has features like occupancy and daylight sensors, which is fueling the decorative lighting market’s development. Furthermore, because smart lighting can vary lighting moods according to space and mood preferences, demand for decorative lighting is increasing, which is likely to drive industry growth throughout the forecast period.
Key Market Players
The major players in the market are Acuity Brands Lighting Inc., Maxim Lighting International, Inc., Generation Lighting, Savant Systems, Inc., Lowe’s Companies, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Dried Fruit Ingredients Market- https://www.expertmarketresearch.com/reports/dried-fruit-ingredients-market
Heating Radiator Market- https://www.expertmarketresearch.com/reports/heating-radiator-market
Ceramic Brakes Market- https://www.expertmarketresearch.com/reports/ceramic-brakes-market
Hunter Syndrome Treatment Market- https://www.expertmarketresearch.com/reports/hunter-syndrome-treatment-market
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Ana John, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA