The industry of architectural products is very vast. As science and technology progressed, several new products have been developed. https://usamediahouse.com/use-superior-decorative-features-to-improve-aesthetic-appeal-of-your-building/
Architectural LED Products Market is valued at USD 5.48 Billion in 2018 and expected to reach USD 17.68 Billion by 2025 with the CAGR of 18.2% over the forecast period.Factors such as Increased Lifespan of LED Products, Government Regulations and Decreasing Cost of LED Products are contributing in the market growth.Scope of Architectural LED Products Market is as;Lighting plays a dynamic role in the way people experience and understand architecture.
This Architectural LED Lighting can bring an emotional value to architecture & it helps create an experience for those who live in that space.
Benefits of this Architectural LED lighting are such as Cost Savings, Energy Efficiency- the Green Option, Service Life, Limitless Design Options and many others.Key Players for Global Architectural LED Products Market Reports–PLC (Eaton Corporation), Philips Lumileds Lighting Company., Osram Licht AG., Epistar Corporation., Cree, Inc., Verbatim Ltd., GE Lighting Solutions., Samsung Electronics Co.Ltd., Toshiba Lighting & Technology Corporation., Galaxia Electronics Co. LtdNEWS:Architectural Lighting is Daylighting in an LED World.On 8 June, 2018, The Journal of The American Institute of Architects has released in their news about Architectural Lighting.
Hayden McKay, AIA, a New York–based principal at HLB Lighting Design and leader of the firm’s daylighting and sustainable design studio said that Daylight is the primary source for architecture and It has been over time and it still remains the first thing that should be considered in creating architectural forms and fenestration orientation.The regions covered in this Architectural LED Products Market report are North America, Europe, Asia-Pacific and Rest of the World.
On the basis of country level, market of Architectural LED Products is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.Global Architectural LED Products Market Segmentation –By Product Type - Solar, Conventional, LampBy Application - Cove Lighting, Wall Washing, In Ground, Backlight, OtherBy End User - Residential, CommercialGrowing Consumer Inclination towards Luxurious Lifestyle is key factor for driving the Architectural LED Products Market.As there is increasing consumer inclination towards luxurious lifestyle has enhanced the demand for LED lighting products worldwide.
For instance, According to European Commission, a survey conducted by McKinsey on clean technologies in 2011 indicated that 72% of the 4025-people considered LED lighting as the most probable one.