Australia Architectural Lighting Market Size & Outlook
Australia architectural lighting market, 2018-2030 (US$M)
Related Markets
Australia architectural lighting market highlights
- The Australia architectural lighting market generated a revenue of USD 162.0 million in 2023 and is expected to reach USD 374.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 12.7% 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 162.0 million |
| Market revenue in 2030 | USD 374.7 million |
| Growth rate | 12.7% (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, Australia accounted for 1.7% 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 Asia Pacific, China architectural lighting market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 374.7 million by 2030.
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Architectural Lighting Market Scope
Architectural Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 20.43% in 2023. Horizon Databook has segmented the Australia 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.
Australia’s natural landscapes and outdoor lifestyle have increased the demand for architectural lighting in outdoor and landscape settings. Lighting helps improve the appearance of outdoor environments such as parks, gardens, and public areas.
Color-tunable lighting, dynamic lighting control, and Lighting as a Service (LaaS) are some lighting solutions that are widely used in the architectural lighting sector. Lighting designers and architects in Australia are expected to push the boundaries of architectural lighting innovation over the forecast period.
Innovative and artistic lighting designs are employed to improve architectural appearances and offer distinctive visitor experiences.
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Target buyers of Australia architectural lighting market databook
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Our clientele includes a mix of architectural lighting market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia architectural lighting market , including forecasts for subscribers. This country databook contains high-level insights into Australia architectural lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia architectural lighting market size, by component, 2018-2030 (US$M)
Australia Architectural Lighting Market Outlook Share, 2023 & 2030 (US$M)
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