Argentina Architectural Lighting Market Size & Outlook
Argentina architectural lighting market, 2018-2030 (US$M)
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Argentina architectural lighting market highlights
- The Argentina architectural lighting market generated a revenue of USD 44.0 million in 2023 and is expected to reach USD 73.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, ballasts was the largest revenue generating component in 2023.
- Lamps is the most lucrative component segment registering the fastest growth during the forecast period.
Architectural lighting market data book summary
| Market revenue in 2023 | USD 44.0 million |
| Market revenue in 2030 | USD 73.1 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Ballasts |
| Fastest growing segment | Lamps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lamp Holders, Ballasts, Lamps, Lenses/Shades, Trims, Wiring, Reflectors |
| Key market players worldwide | Acuity Brands Inc, GE Aerospace, Hubbell Inc, Ams-OSRAM AG, Panasonic Holdings Corp, Signify NV, Zumtobel Group AG ADR, Feilo Sylvania, Seoul Semiconductor, Cree Lighting, Delta Light, GVA Lighting, Siteco, TCP Lighting |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global architectural lighting market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil architectural lighting market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 124.6 million by 2030.
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Architectural Lighting Market Scope
Architectural Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina architectural lighting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to architectural lighting market will help companies and investors design strategic landscapes.
Ballasts was the largest segment with a revenue share of 21.14% in 2023. Horizon Databook has segmented the Argentina architectural lighting market based on lamp holders, ballasts, lamps, lenses/shades, trims, wiring, reflectors covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing popularity of smart lighting and the growing presence of e-commerce businesses are propelling the growth of the architectural lighting market in Argentina. In recent years, Argentina’s lighting industry has transformed considerably in line with the increasing use of LED lighting.
Argentina’s urban areas are particularly evolving as energy-efficient lighting solutions are being implemented in public buildings, streets, and other public spaces. The growing demand for LED architectural lighting solutions is anticipated to create robust opportunities for the growth of the market in Argentina.
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Our clientele includes a mix of architectural lighting market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina architectural lighting market , including forecasts for subscribers. This country databook contains high-level insights into Argentina architectural lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina architectural lighting market size, by component, 2018-2030 (US$M)
Argentina Architectural Lighting Market Outlook Share, 2023 & 2030 (US$M)
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