Spain Architectural Lighting Market Size & Outlook
Spain architectural lighting market, 2018-2030 (US$M)
Related Markets
Spain architectural lighting market highlights
- The Spain architectural lighting market generated a revenue of USD 122.6 million in 2023 and is expected to reach USD 246.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 10.5% 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 122.6 million |
| Market revenue in 2030 | USD 246.8 million |
| Growth rate | 10.5% (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, Spain accounted for 1.3% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Architectural Lighting Market Scope
Architectural Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain 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 18.11% in 2023. Horizon Databook has segmented the Spain 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.
Cities and municipalities in Spain invest in well-designed public lighting to improve urban safety. Streets, squares, and pedestrian zones contribute to a lively urban environment. Smart lighting systems are becoming more prevalent in urban development projects.
Architectural lighting designs in Spain often feature aesthetic themes. Color-changing LEDs, dynamic lighting effects, and projection mapping are used to create artistic displays and convey stories using light.
Festivals such as the Festival of Light in Barcelona include cutting-edge lighting art installations. Several Spanish cities are taking steps to incorporate smart city elements in public spaces. Smart lighting systems, which include sensors and controls, are used to reduce energy usage, increase public safety, and gather data for urban planning.
Reasons to subscribe to Spain architectural lighting market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Spain architectural lighting market databook
-
Our clientele includes a mix of architectural lighting market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain architectural lighting market , including forecasts for subscribers. This country databook contains high-level insights into Spain architectural lighting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain architectural lighting market size, by component, 2018-2030 (US$M)
Spain Architectural Lighting Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
