Decorative Illumination Market
Decorative Illumination Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Decorative Illumination Market Size and Growth
The global decorative illumination market is expected to reach a size of approximately $9.5 billion by 2025, growing at a CAGR of 6.2% during the forecast period. Market drivers include the rising demand for energy-efficient lighting solutions and the increasing focus on interior decoration in residential and commercial spaces.
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Companies Covered (Covid 19 Impact Covered)
◍ Acuity Brands
◍ Signify
◍ LEDVANCE
◍ GE Lighting
◍ Ideal Industries
◍ Hubbell
◍ Copper
◍ OSRAM
◍ Kichler
◍ Generation Brands
◍ Maxim Lighting
◍ Feit Electric Company
◍ Leviton
◍ Hudson Valley Lighting
◍ Fabbian
◍ Milan Iluminación
◍ Graypants
The Decorative Illumination Market is highly competitive with key players such as Acuity Brands, Signify, LEDVANCE, and GE Lighting leading the market. These companies offer a wide range of decorative lighting products and solutions to cater to various customer needs, helping to drive the growth of the market.
- Acuity Brands: $3.7 billion in sales revenue
- Signify: $7.5 billion in sales revenue
- GE Lighting: $1 billion in sales revenue
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◍ LED
◍ CFL Lighting ◍
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Market Segmentation By Application By Product
Lighting
Incandescent Lighting
Residential
Commercial
Market Growth
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$ X Billion USD
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