New York, October 12, 2017 /Financeswire/: Market Research Engine has published a new report titled as “Ambient Lighting Market By Technology Analysis (Recessed Lights, Surface Mounted Lights, Suspended Lights, Track Lights, Strip Lights); By End user/Application Analysis (Residential, Hospitality and Retail, Healthcare, Industrial, Office Buildings, Automotive) and by Regional Analysis – Global Forecast by 2016 – 2023”.

    Ambient lighting is also known as general lighting, which provides an area with overall illumination. It works to radiate a comfortable level of brightness without glare and allows the users to see and walk about safely. In some places the ambient lighting also serves as the primary source of task lighting performing specific tasks, such as reading, grooming, preparing and cooking food, doing homework, working on hobbies, playing games.

    The global ambient lighting market is segmented on the lines of its technology, treatment, application and regional. Based on product type segmentation it covers (Recessed Lights, Surface Mounted Lights, Suspended Lights, Track Lights, Strip Lights); based on end user or application it covers (Residential, Hospitality and Retail, Healthcare, Industrial, Office Buildings, Automotive). The global ambient lighting market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    The Global Ambient Lighting Market is expected to exceed more than US$ 94.48 Billion by 2023 at a CAGR of 10.71% in the given forecast period.

    You Can Browse Full Report: https://www.marketresearchengine.com/ambient-lighting-market

    The major driving factors of global ambient lighting market are as follows:

    • Demand for products with safety and comfort
    • Demand for high quality lighting system
    • Demand to introduce new lighting system

    The restraining factors of ­ global ambient lighting market are as follows:

    • Changing trends and customer preferences
    • High cost required in production of super quality lighting system

    This report provides:

    1) An overview of the global market for ambient lighting and related technologies.
    2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2023.
    3) Identifications of new market opportunities and targeted promotional plans for global ambient lighting market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report scope:

    The scope of the report includes a detailed study of global and regional markets on Nasal Spray Marketwith the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Cree, Inc. (US), Philips Lighting (Netherlands), OSRAM Licht GmBH (Germany), Acuity Brands Lighting Inc. (US), Eaton Corporation (US), Hubbell Incorporated (US), GE (US), Thorn Lighting (UK), Nualight Limited (Ireland), Lafit Lighting (IN). Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The global ambient lighting market has been segmented as below:

    By Technology Analysis:

    • Recessed Lights
    • Surface Mounted Lights
    • Suspended Lights
    • Track Lights
    • Strip Lights

    By End user/Application Analysis:

    • Residential
    • Hospitality and Retail
    • Healthcare
    • Industrial
    • Office Buildings
    • Automotive

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

     

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    Source: http://www.financeswire.com/ambient-lighting-market-to-reach-us-94-50-billion-by-2023