The global demand for Directional Luminaire Market is presumed to reach the market size of nearly USD 164.79 BN by 2028 from USD 76.43 BN in 2021 with a CAGR of 11.6% under the study period 2022 - 2028.
Directional lighting is the use of luminaires that direct 90% to 100% of the emitted light in the general direction of the lit surface (the term usually refers to light emitted in a downward direction). Luminaires consist of one or more lamps (light-emitting bulbs or tubes), the socket and pieces that keep the lamp in place along with protecting it, cabling that links the lamp to a power source and a reflector that aids in directing and spreading the light. Portable and ceiling- or wall-mounted luminaires are types of luminaires.
Market Dynamics
The directional luminaire market is witnessing a significant rise due to the increasing adoption of lighting solutions for particular purposes and the demand for a better luminaire in the entertainment, medical, and other major industries. Furthermore, worldwide events like music concerts and the burgeoning entertainment industry are driving up demand for directional luminaires. Additionally, the market expansion is likely to be aided by technological advancements in IoT and smart lighting solutions. Because of its benefit in manufacturing lightweight fixtures, LED is becoming more popular in directed luminaires. Another essential aspect of the popularity of LED directional luminaires is their long shelf life. Due to the narrow glass frame fitting inside the fixture, halogen and incandescent lights are prone to breakage and mix after prolonged use; however, LED lights do not break. Moreover, they use less energy than traditional lights. These factors are driving the LED directional luminaire market. Increased demand for directional luminaires in hospitals for surgical and diagnostic illumination is expected to propel the market forward.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of directional luminaire. The growth and trends of directional luminaire industry provide a holistic approach to this study.
Market Segmentation
This section of the directional luminaire market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
By Application Type
- Residential Lighting
- Public Lighting
- Industrial Lighting
- Commercial Lighting
By Sales Channel
- Hypermarkets/Supermarkets
- Independent Stores
- Specialty Stores
- Multi-Brand Stores
- Online Retailers
- Direct Sales
- Other Sales Channel
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Directional Luminaire market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Directional Luminaire Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the directional luminaire market include Holm, ERCO, Liton Lighting, Lighting Technologies, Getron Lichttechnologie, LIGMAN Lighting, kreon, UCOME LIGHTING, Luminii, JESCO LIGHTING, Dextra Lighting, Emium Lighting, Focus Industries. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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