2019 Lighting Contract Market Report: Top 250 Architectural Companies & Lighting Designers - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 12, 2019--
The “Lighting Contract: Top 250 Architectural Companies and Lighting Designers” report has been added to ResearchAndMarkets.com’s offering.
The contract lighting market is estimated to be worth over USD 16.5 billion in the year 2018. This segment has been evolving at a faster pace compared to other lighting businesses: over the last two year, as the total market grew by an average rate of less than 3%, the contact segment has increased by almost 9% per year.
The contract business is pushed by many drivers. As LED technology is now a requirement form most project, the new challenges and opportunities faced by lighting designers arise from the controls, IoT and related technologies change, meaning that lighting systems are no longer simply about illumination.
In this segment, some hundreds of architectural practices and some 1,600 lighting designers play a relevant role as key influencers. Their aggregated turnover is around USD 1.2 billion. More specifically, most of the practices are small in size and their revenue per head amounts to over USD 92,000 per employees.
Key Topics Covered
1. Aim of the Report
Market evolution & competition analysis
Retail (mass market & luxury)
Education & entertainment
Art and museum
3. Architecture & Lighting Design Studios
Asia & Rest of the World
For more information about this report visit https://www.researchandmarkets.com/r/urwdxf
View source version on businesswire.com:https://www.businesswire.com/news/home/20190912005410/en/
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INDUSTRY KEYWORD: ARCHITECTURE CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
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PUB: 09/12/2019 06:10 AM/DISC: 09/12/2019 06:10 AM