Market revenue in 2023 | USD 939.5 million |
Market revenue in 2030 | USD 1,663.8 million |
Growth rate | 8.5% (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 |
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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 19.77% in 2023. Horizon Databook has segmented the Japan 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.
Lighting vendors and designers in Japan are extending their skills and offerings to international markets. The country's reputation for high-quality lighting technology has helped it gain global prominence in the architectural lighting business.
Japan is more inclined toward biodiversity and human-focused lighting. In architectural environments, lighting solutions that mirror daylight patterns and integrate elements of nature are utilized to improve well-being and productivity.
Lighting regulations are included in Japan's architectural codes and standards. These guidelines ensure that architectural lighting in construction projects meets safety and energy efficiency objectives. Government regulations fostering energy-efficient and environmentally friendly lighting are expected to continue to drive the market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan architectural lighting market , including forecasts for subscribers. This country databook contains high-level insights into Japan architectural lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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