Corridor & Accent Lighting Market Size (2024 – 2030)

The Global Corridor & Accent Lighting Market was valued at USD 43.9 billion in 2023 and is projected to reach a market size of USD 68.22 Billion by the end of 2030. Over 2024-2030, the market is projected to grow at a CAGR of 6.5%.   

Illuminating the path forward, the Corridor & Accent Lighting market is experiencing a radiant transformation. This niche yet essential segment of the lighting industry is shedding new light on how we navigate and accentuate our built environments. From the stark fluorescent tubes of yesteryear to today's sleek LED strips and smart lighting solutions, the corridor and accent lighting sector is undergoing a renaissance of both form and function. At its core, corridor lighting serves a practical purpose - guiding people safely through passageways and transitional spaces. However, modern designers and architects are elevating this utilitarian concept into an art form. Accent lighting, once relegated to museums and high-end retail spaces, is now finding its way into homes, offices, and public spaces, adding depth, drama, and personality to otherwise mundane areas. The global market for corridor and accent lighting is illuminating a bright future, with steady growth projected in the coming years. This expansion is fueled by a perfect storm of factors: rapid urbanization creating more indoor spaces to light, a growing focus on energy efficiency, and an increasing appreciation for the psychological impact of lighting on human wellbeing. In the residential sector, homeowners are discovering the transformative power of thoughtful lighting design. A well-placed strip of LEDs can turn a humdrum hallway into a gallery-like space, while strategically positioned accent lights can highlight architectural features or prized possessions. Commercial spaces are not far behind, with offices, hotels, and retail establishments leveraging lighting to create ambiance, guide foot traffic, and even influence customer behavior.

Key Market Insights:

The market saw a 12% increase in sales of energy-efficient lighting solutions.

The residential sector contributed 40% to the overall market revenue. The commercial sector held a 35% share of the market.

Online sales channels constituted 20% of total sales. Offline sales channels dominated with an 80% share.

Smart lighting solutions made up 30% of the market. Decorative lighting sales increased by 10% compared to the previous year.

North American manufacturers produced 45% of the global supply. European manufacturers accounted for 25% of production.

Asia-Pacific manufacturers contributed 20% to the global supply. 10% of the market was supplied by manufacturers from other regions.

The average price of a corridor lighting fixture was $150. Accent lighting fixtures had an average price of $120.

25% of consumers preferred dimmable lighting solutions. 15% of the market consisted of luxury lighting fixtures.

50% of consumers cited aesthetic appeal as the primary purchase factor. 20% of consumers prioritized energy efficiency in their buying decisions.

5% of lighting solutions included voice-activated controls. Smart home integration was a feature in 18% of new lighting products.

22% of sales were attributed to retrofit projects. The EU accounted for 20% of market revenue.

Corridor & Accent Lighting Market Drivers:

In an era where the clarion call for sustainability echoes through every industry, the Corridor & Accent Lighting market finds itself at the forefront of the green revolution.

At the heart of this driver lies the LED (Light Emitting Diode) technology, which has become the poster child for energy-efficient lighting. LEDs have dramatically outpaced their predecessors - incandescent and fluorescent lights - in terms of energy efficiency, longevity, and versatility. For corridor and accent lighting applications, where fixtures may be operating continuously for extended periods, the energy savings potential is particularly pronounced. But the sustainability story doesn't end with reduced energy consumption. Modern LED fixtures are being designed with circular economy principles in mind. Manufacturers are exploring modular designs that allow for easy component replacement, extending the useful life of fixtures and reducing waste. Some pioneering companies are even experimenting with biodegradable materials for non-essential parts of their lighting products.

The second major driver propelling the Corridor & Accent Lighting market forward is the relentless pursuit of aesthetic excellence and seamless design integration.

This aesthetic revolution is being fueled by a convergence of factors. Firstly, there's a growing recognition among architects, interior designers, and property owners of the transformative power of light. A well-designed lighting scheme can alter perceptions of space, guide movement, create focal points, and evoke specific moods or emotions. In the context of corridors and transitional spaces, lighting is increasingly seen as a tool for wayfinding, branding, and creating memorable experiences. Manufacturers are responding to this demand with an ever-expanding array of fixture designs. Gone are the days when corridor lighting meant a simple row of recessed can lights or harsh fluorescent tubes. Today's options include sleek linear LED strips that can be seamlessly integrated into architectural features, sculptural pendant lights that double as art installations, and customizable modular systems that allow for creative expression within a cohesive design language.

Corridor & Accent Lighting Market Restraints and Challenges:

The speed at which technology is changing is one of the most urgent issues. The introduction of LED technology has caused a massive upheaval in the lighting sector, and innovation is continuing at a rapid pace. This opens up fascinating new possibilities, but it also makes manufacturers and installers more of a moving target. Products can become out of date very quickly, so staying on top of trends is always important. Due to their fear of investing in technologies that can become outdated soon, purchasers may become hesitant as a result of this rapid evolution. Another obstacle is standardization and interoperability. Making sure that lighting systems integrate seamlessly with different BMSs and IoT platforms is essential as lighting systems become smarter and more networked. For many prospective users, the initial expense of sophisticated accent and corridor lighting systems continues to be a major obstacle. Even if the cost of LED technology has decreased over time, high-end systems with sophisticated controls and programmable capabilities are still quite expensive. Selling this can be difficult, particularly in industries where costs are tight or for projects with limited funding. Modern lighting systems have obvious long-term energy savings and lower maintenance costs, but some decision-makers find the initial outlay to be intimidating.

Corridor & Accent Lighting Market Opportunities:

One of the most promising opportunities lies in the realm of smart and connected lighting systems. As the Internet of Things (IoT) continues to permeate every aspect of our built environment, corridor, and accent lighting fixtures are perfectly positioned to become key nodes in this network. Beyond just illumination, these fixtures can house sensors for occupancy detection, air quality monitoring, or even security cameras. This multi-functionality not only adds value to the lighting system but also opens up new revenue streams through data collection and analysis. The growing focus on human-centric lighting presents another significant opportunity. As research continues to unveil the profound impact of light on human health, productivity, and well-being, there's increasing demand for lighting solutions that support natural circadian rhythms. Corridor lighting, which people encounter throughout their day, can play a crucial role in this biological lighting approach. Systems that automatically adjust color temperature and intensity based on time of day or occupancy patterns could become standard in healthcare facilities, educational institutions, and forward-thinking workplaces. Sustainability-driven retrofits represent a vast market opportunity, especially in mature economies with aging building stock. As energy codes become stricter and organizations strive to meet carbon reduction targets, upgrading corridor and accent lighting offers a relatively straightforward path to improved efficiency. Manufacturers who can offer comprehensive retrofit solutions – combining high-efficiency fixtures with smart controls and minimal disruption to existing architecture – stand to capture a significant share of this market.

CORRIDOR & ACCENT LIGHTING MARKET REPORT COVERAGE:

Corridor & Accent Lighting Market Segmentation: By Type

• Recessed Lighting

• Surface-Mounted Lighting

• Suspended Lighting

• Track Lighting

• Strip Lighting

• Step Lights

• Wall Sconces

• Cove Lighting

• Picture Lights

• Under-Cabinet Lighting

The industry leader in accent and corridor lighting is still recessed lighting. Recessed lighting has endured in favor because of a number of elements that have helped it keep steady despite changing fashions and technological advancements. Recessed lighting, sometimes referred to as downlights or can lights, has an elegant, uncluttered appearance that complements contemporary architectural design. These ceiling-mounted lighting fixtures give forth light without obstructing sightlines or taking up precious space, which is an important feature to have in hallways and other transitional spaces where room may be limited. Recessed lighting's adaptability is another factor in its success. These fixtures can be used for accent lighting, concentrated task lighting, or broad ambient lighting, among other uses.

The market for accent and corridor lighting is seeing a sharp increase in the use of strip lighting, especially LED strip lights. There are various reasons for this increase. First off, when it comes to installation flexibility, LED strip lights are unmatched. They may be smoothly incorporated into a broad range of architectural elements, such as cove lighting, stair risers, beneath handrails, or along baseboards, thanks to their thin, linear form factor. They are a desirable alternative for both new building and retrofit projects because of their adaptability. Another important factor contributing to LED strips' rise is their ability to be customized. Color-changing RGB possibilities, as well as a variety of colors and color temperatures, allow for easy customization of these strips to meet specific design specifications and produce dynamic lighting effects.

Corridor & Accent Lighting Market Segmentation: By Distribution Channel

• Direct Sales

• Distributors

• Home Improvement Retailers

• Online Retailers

• Specialty Lighting Stores

• Electrical Wholesalers

• Architects and Designers

• Construction Companies

The market for accent and corridor lighting is still dominated by traditional lighting wholesalers, especially for large-scale residential and commercial projects. Lighting distributors have remained at the top of the market by combining their knowledge of the sector, long-standing connections, and value-added services that go beyond simple product sales. Distributors' extensive expertise in lighting goods and applications is one of their main advantages. They frequently work with lighting experts who may offer knowledgeable guidance on product selection and assist clients in navigating the complicated world of lighting technologies, rules, and design considerations. 

The online retail channel is experiencing the most rapid growth in the corridor and accent lighting market, riding the wave of broader e-commerce trends and benefiting from several unique factors within the lighting industry. The convenience and accessibility of online shopping have made it an increasingly popular choice for both residential and commercial customers. Online platforms offer the ability to browse a vast array of products, compare specifications and prices, and make purchases 24/7, which aligns well with the needs of busy professionals and homeowners alike. The visual nature of lighting products lends itself well to online presentation. High-quality images, 360-degree views, and even augmented reality features allow customers to visualize how fixtures will look in their space before making a purchase.

Corridor & Accent Lighting Market Segmentation: Regional Analysis

• North America

• Europe

• Asia-Pacific

• South America

• Middle East & Africa

Asia-Pacific is emerging as the most dominant region in the corridor and accent lighting market. The region's rapid urbanization, extensive infrastructural development, and increasing consumer awareness about energy-efficient lighting drive its market dominance. China and India, in particular, are leading this growth with substantial investments in urban infrastructure and smart lighting solutions.

 Asia-Pacific also holds the position of the fastest-growing region in the market. The region's economic growth, coupled with rapid urbanization and technological advancements, propels the demand for advanced lighting solutions. Government initiatives promoting energy efficiency and smart city developments further accelerate market growth in this region.

COVID-19 Impact Analysis on the Corridor & Accent Lighting Market:

In the initial stages of the pandemic, the market experienced significant disruption. Supply chain issues, particularly for components sourced from heavily affected regions, led to production delays and inventory shortages. Many construction projects were halted or postponed, causing a temporary dip in demand for new lighting installations. The uncertainty of the economic climate also led many businesses and homeowners to defer non-essential lighting upgrades. However, as the world adapted to the new reality, several trends emerged that have had a positive impact on certain segments of the corridor and accent lighting market. The heightened focus on hygiene and sanitation has sparked interest in UV-C lighting for disinfection purposes, particularly in high-traffic corridors in healthcare facilities, schools, and office buildings. While not a traditional application for corridor lighting, this has opened up a new market segment for specialized UV fixtures and smart systems that integrate visible light and UV disinfection capabilities. The shift towards remote work has had a dual effect on the market. On one hand, the reduced occupancy in office buildings has slowed demand for commercial lighting projects.

Latest Trends/ Developments:

Li-Fi (Light Fidelity) is becoming more and more popular, especially for applications in corridors. LED light fixtures may now function as internet access points thanks to this technology, which uses light waves to transfer data. Li-Fi might enable high-speed, secure data transfer with concurrent lighting in crowded office building corridors or public areas. The use of biodynamic or circadian lighting is expanding from niche uses into commonplace accent and hallway lighting schemes. In order to maintain human biological cycles, these systems modify color, temperature, and intensity throughout the day to replicate the natural evolution of daylight. This tendency is especially important for hallways without windows in business buildings, schools, and healthcare institutions. Custom design in the corridor and accent lighting sector is becoming more accessible because of the popularity of 3D-printed lighting fixtures.

Key Players:

1. Philips Lighting

2. Osram Licht AG

3. GE Lighting

4. Eaton Corporation

5. Cree, Inc.

6. Acuity Brands, Inc.

7. Hubbell Incorporated

8. Zumtobel Group

9. Panasonic Corporation

10. Schneider Electric

11. Thorn Lighting

12. NVC Lighting Technology Corporation

13. Lutron Electronics Co., Inc.

14. Legrand SA

15. Fager Hult Group