Global Decorative Lighting Market 2020-2024

Global Decorative Lighting Market 2020-2024

Technavio has been monitoring the decorative lighting market and it is poised to grow by $ 6.29 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on the decorative lighting market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for energy-efficient products and the development of smart cities. In addition, the growing demand for energy-efficient products is anticipated to boost the growth of the market as well.

The decorative lighting market analysis includes product segment and geographical landscapes.

Technavio's decorative lighting market is segmented as below:

By Product

  • Ceiling
  • Wall-mounted
  • Others
By Geographical landscapes
  • APAC
  • Europe
  • North America
  • South America
  • MEA
This study identifies the evolving lighting product design concept as one of the prime reasons driving the decorative lighting market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our decorative lighting market covers the following areas:
  • Decorative lighting market sizing
  • Decorative lighting market forecast
  • Decorative lighting market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decorative lighting market vendors that include AB Fagerhult, Acuity Brands Inc., Bridgelux Inc., General Electric Co., Generation Lighting, Honeywell International Inc., IDEAL INDUSTRIES Inc., Maxim Lighting International, OSRAM Licht AG, and Signify NV. Also, the decorative lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Electrical components and equipment market
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
      • Table Global decorative lighting market 2019-2024 ($ million), exclusive of COVID-19 impact
      • Impact of COVID-19 pandemic on global decorative lighting market
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product
    • Market segments
      • Table Product - Market share 2019-2024 (%)
    • Comparison by Product
      • Table Comparison by Product
    • Ceiling - Market size and forecast 2019-2024
      • Table Ceiling - Market size and forecast 2019-2024 ($ million)
      • Table Global decorative lighting market by ceiling product 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Ceiling - Year-over-year growth 2019-2024 (%)
    • Wall-mounted - Market size and forecast 2019- 2024
      • Table Wall-mounted - Market size and forecast 2019-2024 ($ million)
      • Table Global decorative lighting market by wall-mounted product 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Wall-mounted - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Global decorative lighting market by others product 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product
  • Market Segmentation by Distribution channel
    • Market segments
      • Table Distribution channel - Market share 2019-2024 (%)
    • Comparison by Distribution channel
      • Table Comparison by Distribution channel
    • Offline - Market size and forecast 2019-2024
      • Table Offline - Market size and forecast 2019-2024 ($ million)
      • Table Global decorative lighting market by offline distribution channel 2019-2024 ($ million), exclusive of COVID-19 impact
      • Impact of COVID-19 pandemic on offline distribution channels
        • Table Offline - Year-over-year growth 2019-2024 (%)
    • Online - Market size and forecast 2019-2024
      • Table Online - Market size and forecast 2019-2024 ($ million)
      • Table Global decorative lighting market by online distribution channel 2019-2024 ($ million), exclusive of COVID-19 impact
      • Impact of COVID-19 pandemic on online distribution channels
        • Table Online - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Distribution channel
      • Table Market opportunity by Distribution channel
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table Decorative lighting market in APAC 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Decorative lighting market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table Decorative lighting market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table Decorative lighting market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table Decorative lighting market in MEA 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography
  • Drivers, Challenges, and Trends
    • Market drivers
      • Evolving lighting product design concept leading to premiumization
      • Growing demand for energy-efficient decorative lighting products
      • Development of smart cities
    • Market challenges
      • Perceived value gap of customers
      • Uncertainty over US-China trade war
      • High use of alternative lighting products
        • Table Impact of drivers and challenges
    • Market trends
      • Increasing use of smart lighting systems
      • Advent of personalization and customization of decorative lighting products
      • Emergence of smart and enhanced shopping experience through the use of augmented reality (AR)
  • Vendor Landscape
    • Overview
      • Customer engagement through digital and social media platforms
      • Change in distribution strategy
      • Design concept selling
      • Other competitive strategies
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AB Fagerhult
      • Table AB Fagerhult - Overview
      • Table AB Fagerhult - Business segments
      • Table AB Fagerhult - Key news
      • Table AB Fagerhult - Key offerings
      • Table AB Fagerhult - Segment focus
    • Acuity Brands Inc.
      • Table Acuity Brands Inc. - Overview
      • Table Acuity Brands Inc. - Business segments
      • Table Acuity Brands Inc. - Key news
      • Table Acuity Brands Inc. - Key offerings
    • Bridgelux Inc.
      • Table Bridgelux Inc. - Overview
      • Table Bridgelux Inc. - Product and service
      • Table Bridgelux Inc. - Key news
      • Table Bridgelux Inc. - Key offerings
    • General Electric Co.
      • Table General Electric Co. - Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Key news
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • Generation Lighting
      • Table Generation Lighting - Overview
      • Table Generation Lighting - Product and service
      • Table Generation Lighting - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key news
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • IDEAL INDUSTRIES Inc.
      • Table IDEAL INDUSTRIES Inc. - Overview
      • Table IDEAL INDUSTRIES Inc. - Product and service
      • Table IDEAL INDUSTRIES Inc. - Key news
      • Table IDEAL INDUSTRIES Inc. - Key offerings
    • Maxim Lighting International
      • Table Maxim Lighting International - Overview
      • Table Maxim Lighting International - Product and service
      • Table Maxim Lighting International - Key offerings
    • OSRAM Licht AG
      • Table OSRAM Licht AG - Overview
      • Table OSRAM Licht AG - Business segments
      • Table OSRAM Licht AG - Key news
      • Table OSRAM Licht AG - Key offerings
      • Table OSRAM Licht AG - Segment focus
    • Signify NV
      • Table Signify NV - Overview
      • Table Signify NV - Business segments
      • Table Signify NV - Key news
      • Table Signify NV - Key offerings
      • Table Signify NV - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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