The global ambient lighting market size reached USD 57.42 Billion in 2020, and is expected to register a CAGR of 8.5% during the forecast period. Market revenue growth is primarily driven by rising demand for more energy-efficient lighting solutions and connected and automated lighting systems.

The growing demand for ambient light sensors and linked bedroom ambient lighting systems provide a potential for the Ambient Lighting Market to expand. Interior lighting of exceptional quality is becoming more popular among consumers. This also helps the market for ambient lighting. LED lighting emits fewer UV rays, making it more environmentally friendly.

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Governments all around the world are enacting strict rules in order to reduce carbon emissions. Concerns about global warming and ozone depletion have prompted countries to step up their efforts to reduce their carbon footprint. Increased energy use results in increased energy dissipation and carbon emissions, necessitating the need for more sustainable and efficient energy use.

Emergen Research has segmented the global ambient lighting market on the basis of type, offering, end-use, and region:

• Type Outlook (Revenue, USD Billion; 2018–2028)
• Suspended Lights
• Recessed Lights
• Strip Lights
• Surface-Mounted Lights
• Track Lights

• Offering Outlook (Revenue, USD Billion; 2018–2028)
• Software Services
• Hardware

• End-use Outlook (Revenue, USD Billion; 2018–2028)
• Residential
• Healthcare
• Industrial
• Office Buildings
• Automotive

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Based on the competitive landscape, the market report analyzes the key companies operating in the industry:

Signify N.V., Acuity Brands, Inc. Hubbell Incorporated, General Electric Company, Osram Licht AG, Ideal Industries (Cree Lighting), Häfele GmbH Co KG, Lutron Electronics Company, Zumtobel Group, and Honeywell International Inc.

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Detailed Regional Analysis covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of Buying the Global Ambient Lighting Report:

• Comprehensive analysis of the changing competitive landscape
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies
• The report offers an 8-year forecast and assessment of the Global Ambient Lighting Market
• Helps in understanding the key product segments and their estimated growth rate
• In-depth analysis of market drivers, restraints, trends, and opportunities
• Comprehensive regional analysis of the Global Ambient Lighting Market
• Extensive profiling of the key stakeholders of the business sphere
• Detailed analysis of the factors influencing the growth of the Global Ambient Lighting Market

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