Market revenue in 2023 | USD 243.6 million |
Market revenue in 2030 | USD 369.6 million |
Growth rate | 6.1% (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 |
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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 17.12% in 2023. Horizon Databook has segmented the Germany 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.
Germany emphasizes sustainable urban planning and architectural illumination as fundamental components to developing environment-friendly urban spaces. The country aims to incorporate energyefficient street lighting, pedestrian-friendly lighting designs, and green infrastructure.
Since the country is a major tourist destination, architectural lighting is important in the hospitality and tourism industries. Innovative lighting solutions are used in hotels, restaurants, and tourist destinations to provide memorable experiences for customers.
Germany has developed Li-Fi technology, which transmits data via light waves. Li-Fi is useful for smart cities and IoT applications since it can deliver high-speed wireless connection in regions with LED lighting.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany architectural lighting market , including forecasts for subscribers. This country databook contains high-level insights into Germany architectural lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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