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Ambient Lighting Market Growth Will be Propelled by Increasing Demand for Connected Lighting and Automation by 2024

Author : Ronak Bora | Published Date : 2019-04-09 

The qualitative research study introduced by Global Market Insights, Inc. on Ambient Lighting Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the industry.

The increasing demand for connected lighting and automation is contributing to the ambient lighting market growth. The growth can be credited to the increasing deployment across various end-use sectors such as retail, hospitality, corporate buildings & offices, industrial, and healthcare to enrich the overall experience. Increasing need for a soothing ambience for employees in offices is contributing to the growth. The need for sophisticated LEDs in cars for a pleasant, refreshing, and contemporary touch is driving companies to invest in implementing illumination in car interiors. For instance, OSRAM Automotive offers LEDambient CONNECT, an LED product, that is designed to add colors to the car interior.

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These systems are being increasingly used to provide consistent, uniform, and glare free lighting, due to increasing focus on consumer satisfaction. These factors are expected to drive the ambient lighting market growth over the forecast timespan. In the past few years, rising concerns over global climate change has led to the implementation of various rules and regulations pertaining to energy efficiency.

The replacement of traditional systems with ambient light leads to high replacement costs, which is expected to restrain the ambient lighting market growth. The production of superior quality illumination systems requiring higher costs is expected to hinder the ambient lighting market growth. Also, these systems are not useful in harsh environments with high temperatures, owing to the rare overheating that may lead to device failure. In applications such as automotive and military, the operating temperatures differ widely, making the use of these systems difficult.

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Asia Pacific ambient lighting market is expected to grow at a significant rate, owing to increasing standard of living. Introduction of legislations regarding energy efficiency is favoring the industry growth. With the rising number of private museums in China, the need for highlighting the museums attractions, creating a perfect ambience for the audience and providing the correct reading environment is increasing. The growing importance of these illumination systems in the museums is set to drive growth in the China ambient lighting market.

Some of the players in the ambient lighting market include Samsung, Cree Inc., Royal Philips, Osram Light AG, Acuity Brands Inc., Thorn Lighting, GE Lighting, Advanced Lighting Technologies, Inc., and Nualight Limited. Companies are trying to implement these systems in TVs, thus allowing eyes to remain focused.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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