Italy Architectural Lighting Market Size & Outlook
Italy architectural lighting market, 2018-2030 (US$M)
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Italy architectural lighting market highlights
- The Italy architectural lighting market generated a revenue of USD 227.0 million in 2023 and is expected to reach USD 393.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.2% 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 227.0 million |
| Market revenue in 2030 | USD 393.7 million |
| Growth rate | 8.2% (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, Italy accounted for 2.4% 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 Europe, UK architectural lighting market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 246.8 million by 2030.
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Architectural Lighting Market Scope
Architectural Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 17.8% in 2023. Horizon Databook has segmented the Italy 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.
Italy is rapidly implementing smart lighting systems that make use of sensors and controls. These systems provide real-time monitoring, remote administration, and data analytics in urban and architectural environments to enhance lighting performance and energy utilization.
Lighting solutions are tailored to complement architectural designs and improve space aesthetics. Lighting designers, architects, and manufacturers work together to create unique and integrated lighting systems.
Italy, being a European Union member, adheres to the Ecodesign Directive, which aims to improve the environmental performance of energy-related items such as lighting systems. The regulation establishes rules for lighting goods supplied in the EU market in terms of energy efficiency and impact on the environment.
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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 Italy architectural lighting market , including forecasts for subscribers. This country databook contains high-level insights into Italy architectural lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy architectural lighting market size, by component, 2018-2030 (US$M)
Italy Architectural Lighting Market Outlook Share, 2023 & 2030 (US$M)
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