The global high end lighting market size is expected to reach USD 35.85 billion by 2033, registering a 7.2% from 2025 to 2033, according to a new report by Grand View Research, Inc. Increasing demand for a connected lighting system has been a major factor driving market growth. Some major technological innovations in this particular market such as connected, dimmable, color changing, and sensor-enabled lightings have contributed largely to market growth.
The introduction of LEDs in recent years has changed market dynamics for high-end lighting which was previously dominated by conventional lights such as fluorescent lights, halogen, and incandescent bulbs. Governments across all major countries have taken initiatives for the adoption of LEDs in order to save energy and reduce environmental pollution which is further anticipated to boost the market growth for high-end lighting.
High-end fluorescent lamps accounted for maximum revenue generation in 2016. The demand for high-end LED lighting is increasing and it is projected to gain huge market share by 2025. The factors such as enhanced LED features, government initiatives for a ban on incandescent bulbs, and increasing demand for energy-efficient lighting is anticipated to drive the market growth for high-end LEDs.
High-end lighting with wired application segment accounted for a larger market share in 2016 and is expected to dominate the market over the forecast period. However, the market for wireless high-end lightings is projected to grow at a high rate owing to technological advancement such as remote-controlled operations via smartphone, dimming & color changing features, Wi-Fi, and Bluetooth connectivity. Wireless lighting is easier to install without damaging the interior and is also more efficient than wired ones, thus the demand for the wireless high-end lighting is expected to eventually grow over the forecast period.
By interior design, transitional lighting accounted for the largest market share in 2016, the requirement for transitional interior consists of a mixture of modern and traditional lights. The interior design market is slowly moving from transitional to a modern interior, thus the market for modern high-end lighting market is anticipated to grow at the highest rate over the forecast period. However, traditional high-end lighting is projected to witness a steep fall in the overall market owing to the rising number of smart homes and smart city projects.
In 2016, commercial high-end lighting accounted for over 32% market share, whereas residential high-end lighting still holds the largest market share. The industrial high-end lighting is anticipated to grow exponentially over the forecast period owing to increasing industrial lighting standards and regulations.
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The fluorescent light segment dominated with a revenue market share of 41.7% in 2024, owing to its energy efficiency, long lifespan, wide range of applications, and improved technology.
The transitional segment dominated with the highest revenue market share in 2024. The segment is growing as it offers a combination of traditional and modern elements, which appeals to a wide range of homeowners.
The wired segment dominated the market in 2024. The growing demand for deeply integrated lighting automation in high-end smart homes and luxury commercial buildings drives the segment's growth.
The residential segment dominated the market in 2024. The integration of lighting with broader home entertainment and wellness systems drives the residential demand for premium lighting.
Asia Pacific dominated the high end lighting market with a market share of 44.6% in 2024.
Grand View Research has segmented the global high end lighting market on the basis of component, light source type, interior design, application, end use, and region:
High End Lighting Light Source Type Outlook (Revenue, USD Billion, 2021 - 2033)
LED
HID
Fluorescent Light
Others
High End Lighting Interior Design Outlook (Revenue, USD Billion, 2021 - 2033)
Modern
Traditional
Transitional
High End Lighting Application Outlook (Revenue, USD Billion, 2021 - 2033)
Wired
Wireless
High End Lighting End Use Outlook (Revenue, USD Billion, 2021 - 2033)
Commercial
Industrial
Residential
Others
High End Lighting Regional Outlook (Revenue, USD Billion, 2021 - 2033)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Asia Pacific
China
India
Japan
South Korea
Australia
Latin America
Brazil
Middle East & Africa
UAE
Saudi Arabia
South Africa
List of Key Players of High End Lighting Market
Acuity Inc.
Cree Lighting USA LLC.
Samsung Electronics
Signify Holding
OSRAM GmbH
Savant Systems, Inc
Vakkerlight
Digital Lumens
Jainsons Emporio
Hudson Valley Lighting Group
Tom Dixon
Flos
Louis Poulsen
Bover, S.L.
Vibia
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