Until 15 years ago, the decorative factor has certainly prevailed in the consumer market for lighting fixtures. Nowadays, the functional component (made up of ceiling lights, recessed lights, spotlights) has gained importance, covering roughly 50% of the market value

Technology is going to be crucial to meet the future food demand. More and more companies are shifting towards controlled environments, where crops are grown under artificial lighting. As a result, between 2018 and 2020, while the total lighting fixtures market dropped at an average rate of 3% per year, the horticultural business kept increasing at a CAGR of 30%

After the 2020 drop, in 2021 the worldwide lighting fixtures will exceed again the value of 2019, with an annual growth of +6.5%. By 2024, USD 87 billion (out of a total USD 107 billion) of lighting is going to be LEDs

In the next future, many resources will be dedicated to the requalification of lighting systems of health structures. Major aims are greater functionality, energy efficiency, and better working conditions for health professionals