Ceiling Tile Lighting Is Replacing Fluorescent And Incandescent Lighting Systems
Ceiling
Tile Lighting Market: Overview
Ceiling
tiles lighting are modern-day lighting solutions that offer an
alternative to conventional fluorescent and incandescent lighting
systems. Ceiling tile lighting is usually equipped with LED grid
panels, which makes it compact and more efficient. The rising demand
for decorative yet lucrative lighting systems is the primary trend
leading to the adoption of ceiling tile lighting systems.
Ceiling
Tile Lighting Market: Segmentation
The
ceiling tile lighting market is segmented on the basis of panel type,
installation type and applications. On the basis of panel type, the
ceiling tile lighting market is classified into translucent, frosted,
and clear panels. Translucent ceiling tiles offer 31.6%
transmittance, frosted tiles offer 76.8% transmittance, and clear
panels offer 87.7% of transmittance.
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Translucent
and frosted ceiling panels are considered for decorative lighting in
architectural and hospitality lighting, while, clear panels are used
in residential and commercial applications. The changing consumer
demand and increasing penetration of LED lighting among various
applications is encouraging manufacturers to offer wide range of
installations for ceiling tile lighting. On the basis of installation
type, ceiling tile market is segmented into suspension, trim &
transition, building perimeter and drywall grid systems. As stated
earlier, LEDs in the recent past have evolved across various end-use
applications. Thus, in terms of applications, the ceiling tile
lighting market segmented into architectural, healthcare, airports,
corporate campuses, convenience stores, residential, restaurant and
hospitality, retail and grocery, schools and universities and others
(museums and amusement parks, cold storage facilities).
Ceiling
Tile Lighting Market: Growth Drivers
Energy
efficient, small carbon footprint, high luminance and reduced CO2
emissions are the primary growth drivers of ceiling tile lighting
market. This is attributed to use of LED lights in ceiling tile
systems. Additionally, made-to-measure sizes of ceiling panels
provided by the manufacturers, make this lighting solution suitable
for wide areas of applications. Furthermore, the high product
lifecycle and low maintenance cost of ceiling tiles lighting are
likely to fuel its growth throughout the forecast period. However,
the high set-up cost is anticipated to restrain the market growth for
ceiling tiles. Large scale development of multicolored ceiling tiles
to improve ambience effect and penetration of ceiling tiles in
countries with high-scale infrastructure development such as China,
India, Brazil, UAE, and Saudi Arabia is expected to propel the growth
of ceiling tile lighting market in near term.
Ceiling
Tile Lighting Market: Opportunity Snapshot
Residential
and commercial applications are expected to hold significant market
share of ceiling tile lighting market. This is attributed to improved
adoption of LED lighting in residential applications and need of
energy efficient solutions in commercial businesses. Although, with
trending adoption of decorative lighting in applications such as
architectural building, airport and hospitality, ceiling tile
lighting are expected to witness superior growth in aforementioned
applications.
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Moreover,
clear ceiling tile lighting panels are expected to hold majority of
market share, due to its high transmittance and suitable for most of
the indoor lighting applications. On a global scale, North America
region, is expected to hold significant adoption of ceiling tile
lighting market. The earlier adoption of LED lighting and cognizance
of energy efficient solutions are the key factors resulting in the
growth of ceiling tile lighting in the region.
However,
Asia Pacific region is expected to witness the fastest growth in the
ceiling tile lighting market. Demand from developing economies such
as China, India, Indonesia, combined with the increasing adoption of
efficient lighting systems among health care, residential and
commercial applications, is expected to be the key growth drivers of
ceiling tile lighting market in Asia Pacific region.
Ceiling
Tile Lighting Market: Key Players
Some
of the key manufacturers of ceiling tile lighting are Cree, Inc.,
Tryka LED Ltd., General Electric Company, Olmec Advanced Materials
Ltd/Surelight, AWI Licensing LLC, RAB Lighting, Inc. and Koninklijke
Philips N.V.
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