Global Decorative Lighting Market Expected To Grow At CAGR Of 6.30% Between Years 2017-2021

Latest industry research report on: Global Decorative Lighting Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

The demand for energy-efficient and reliable LED technology is a growth driver for the manufacturers who are now concentrating more on manufacturing LED decorative lighting products. Various LED decorative lighting products like LED lamps, LED pendant lights, and LED wall lights(sconces) are available in the market. Buyers are at present increasingly opting for premium decorative lights. The use of decorative lights in commercial areas is increasing because they help to create an attractive ambiance. These lights have also become necessary for the hospitality sector and retail outlets. This creates the demand for decorative lighting products in the market.

Technavios analysts forecast the global decorative lighting market to grow at a CAGR of 6.30% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global Decorative Lighting market for 2017-2021. To calculate the market size, the report considers the value sales of decorative lighting products.

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The market is divided into the following segments based on geography:

  • Americas

  • APAC

  • EMEA

Technavio’s report, Global Decorative Lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Acuity Brands Lighting

  • General Electric

  • Generation Brands

  • Koninklijke Philips

  • Maxim Lighting

Other prominent vendors


  • Diamond Life Group

  • EGLO Leuchten

  • Elstead Lighting

  • Estiluz Lighting

  • Franklite


  • JH Miller


  • Vast china lighting manufacture

  • Zumtobel Group

Market driver

Innovations in technology

For a full, detailed list, view our report

Market challenge

Value gap in decorative lighting products

For a full, detailed list, view our report

Market trend

Evolution of smart lighting system

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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