Global Architectural LED Products Market, 2015 to 2021
Persistence Market Research
Global Architectural LED Products Market is
Expected to Reach US$ 10,751.1 Mn by 2021
: Persistence Market Research
Persistence Market Research
1
Global Architectural LED Products Market, 2015 to 2021
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Architectural LED
Products: Driven by Price Commoditization and Significant Growth in Enhanced
Performance”, the architectural LED products market is estimated to be valued at US$
3,997.5 Mn by the end of 2015 and is anticipated to expand at a CAGR of 17.9% from 2015
to 2021 in terms of value, to account for US$ 10,751.1 Mn by 2021.
Architectural LED lights are used mainly for illuminating monuments, museums, building
structures, residents and bridges with the artistic integration of light source. Architectural
LED lighting can be used for decorative purpose and can be applied on both indoor and
outdoor purposes.
Request Customize Full TOC: http://www.persistencemarketresearch.com/toc/8074
Currently, the global market of architectural LED products is driven by the factors such as
government regulations encouraging construction companies to deploy LED lighting
systems. LED lighting systems help in increasing energy efficiency and reduces carbon
emission. Due to the longer life span of architectural LED lighting products, the market is
witnessing a paradigm shift from the adoption of conventional lighting solution to the more
efficient architectural LED products. Increasing consumer inclination towards luxurious
lifestyle is projected to boost demand for architectural LED lighting products across the
globe in the residential sector in which in turn is expected to be the primary factor
contributing to the growth of the architectural LED products market.
On the basis of products, the global architectural LED market is segmented as solar and
conventional products. In terms of value, the conventional products segment is expected to
account for 93.7% share of the global architectural LED products market by the end of 2015
and is anticipated to expand at a CAGR of 17.7%, during the forecast period (2015–2021). In
terms of volume, the solar LED products accounted for 9.3% in 2014.
Request Sample Report: http://www.persistencemarketresearch.com/samples/8074
Persistence Market Research
2
Global Architectural LED Products Market, 2015 to 2021
The conventional products segment is further classified into strip & linear products and
lamps. Strip & linear products accounted for the 68.3% share in terms of the value of the
conventional products segment in 2014. In term of value, the lamp segment of the global
architectural LED products market is anticipated to expand at a CAGR of 14.9% during the
forecast period and in terms of volume units, the lamp segment of the global architectural
LED products market is anticipated to expand at a CAGR of 34.9% during the forecast period.
On the basis of application, the architectural LED products market is segmented as cove
lighting, wall washing, in the ground, backlight and others. Among these, wall washing
segment dominated the market in 2014 and is expected to account for 38.8% share of the
global architectural LED products market by 2015 end in terms of value. Increasing adoption
of architectural LEDs luminaries and lamps by government offices and another historic
monument as part of smart city initiatives is expected to drive the market growth of wall
washing segment during the forecast period.
The report provides in-depth information about various trends driving each segment and
provides analysis and insights about the potential of the architectural LED products market
in specific regions. On the basis of region, the global market of architectural LED products is
segmented into five regions; among these, Asia-Pacific is expected to dominate the market
representing 47.1% share by the end of 2015.in terms of value and is analyzed to remain
dominant by 2021.
View Detail Report: http://www.persistencemarketresearch.com/marketresearch/architectural-led-products-market.asp
Key players in global architectural LED products market include Cooper Industries PLC (Eaton
Corporation), Philips Lumileds Lighting Company, Osram Lict AG, Epistar Corporation, Cree,
Inc., Verbatim Ltd., GE Lighting Solutions, Samsung Electronics Co., Ltd., Toshiba Lighting &
Technology Corporation and Galaxia Electronics Co. Ltd.
The global architectural LED products market is segmented as follows:
By Product type:
Persistence Market Research
3
Global Architectural LED Products Market, 2015 to 2021

Solar

Conventional

Strip & Linear

Lamp
By Application:

Cove Lighting

Wall washing

In ground

Backlight

Others
By End User:
Residential
Commercial

Retail

IT & Telecom

BFSI

Media & Entertainment

Healthcare

Others
By Region:

North America

APAC

Europe

The Middle East and Africa (MEA)
Persistence Market Research
4
Global Architectural LED Products Market, 2015 to 2021

Latin America
Market History:
The architectural LED products market globally has experienced a significant growth due to
the surging demand for more efficient lighting, displays and fixtures in the residential and
commercial places along with the rising awareness among people for energy conservation.
The architectural LED products market is classified into products type, application type and
end-user type. Construction of buildings involving energy conservation techniques for
lighting; and retrofitting the existing buildings with energy efficient LED bulbs and lamps is
boosting the demand for the architectural LED lighting fixtures globally.
In terms of value, the global architectural LED products market is anticipated to expand at a
CAGR of 17.9% during the period 2015-2021 to reach US$ 10,751.1 Mn by 2021. The global
architectural LED products market was valued at US$ 3,421.2 Mn in 2014. In terms of
volume, the global architectural LED products market accounted for 25.5 million units in
2014. National Government in countries such as the U.S., China, Thailand and Brazil have
introduced regulations mandating LED bulbs and fixtures manufacturers to comply with
minimum standards for lighting products efficiency. Additionally, a government in these
regions have banned the adoption of incandescent lighting products with an aim to improve
energy efficiency and reduce CO2 emissions. This has encouraged the construction
companies to deploy LED lighting systems complying these regulations which in turn driving
the growth of the architectural LED products market.
In terms of value, the conventional LED segment was valued at US$ 3,209.1 Mn in 2014 and
is expected to create US$ 3,746.0 Mn by the end of 2015. Architecture LED fixtures such as
LED strip & linear products and lamps are expected to drive the market growth of
conventional products segment during the forecast period.
In terms of volume, the conventional products dominated the overall architectural LED
products market and are anticipated to continue dominating the overall architectural LED
products market by the end of 2021.
Persistence Market Research
5
Global Architectural LED Products Market, 2015 to 2021
In terms of value, wall washing applications segment was valued at US$ 1,325.7 Mn in 2014
and is expected to reach US$ 1,557.1 Mn by the end of 2015. Wall washing application
segment is projected to expand further as the demand for lighting systems used for
illumination of large surfaces such as public cultural buildings, contemporary architecture
and museums expected to grow in the foreseeable future. This segment is analyzed to
expand at a CAGR of 18.5% during the forecast period. In terms of volume, the wall washing
application segment is expected to dominate the overall architectural LED products market
by the end of 2021, followed by cove lighting segment.
On the basis of end user industry, commercial segment occupied 76.9% market share in
2014 and is expected to account for 77.3% of the total architectural LED products market by
the end of 2015.
The report on the global architectural LED products market profiles some of the key players
including Cooper Industries PLC (Eaton Corporation), Philips Lumileds Lighting Company,
Osram Lict AG, Epistar Corporation, Cree, Inc., Verbatim Ltd., GE Lighting Solutions,
Samsung Electronics Co., Ltd., Toshiba Lighting & Technology Corporation, and Galaxia
Electronics Co. Ltd.
About Us:
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated
research, custom research, and consulting services. PMR boasts market research expertise across the
Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages,
Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The
company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data
that precisely corresponds to clients’ business needs.
Contact Us:
Addie Thomes
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: [email protected]
Web: http://www.persistencemarketresearch.com
Persistence Market Research
6