Product Code: ETC4455327 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The commercial lighting market in Malaysia has witnessed significant growth in recent years, driven by a surge in urbanization and infrastructure development. With a burgeoning demand for modern office spaces, retail establishments, and hospitality venues, the need for efficient and aesthetically pleasing lighting solutions has become paramount. LED technology has emerged as a dominant force in this market, owing to its energy efficiency and versatility in design. Additionally, the integration of smart lighting systems that offer features like motion sensors and daylight harvesting has gained traction, aligning with the country`s push for sustainability and energy conservation.
The commercial lighting market in Malaysia is influenced by several key factors. One of the primary drivers is the rapid urbanization and infrastructure development taking place in the country. This leads to a surge in demand for lighting solutions in commercial spaces such as offices, retail outlets, and hospitality establishments. Additionally, the transition towards energy-efficient lighting technologies, including LED, is a significant driver of market growth. Moreover, the increasing focus on aesthetics and ambience in commercial spaces fuels the adoption of innovative lighting designs and solutions.
While the commercial lighting market in Malaysia has been experiencing steady growth due to urbanization and infrastructure development, it is not without its challenges. One prominent issue is the increasing demand for energy-efficient lighting solutions amidst rising energy costs. This necessitates continuous innovation in LED technology and the development of advanced lighting control systems. Moreover, the market faces stiff competition from foreign manufacturers, which can put pressure on local players to enhance their product offerings and cost-effectiveness. Additionally, the shift towards smart lighting solutions and the integration of IoT technologies require significant investments in research and development. Successfully navigating these challenges will be pivotal for sustaining growth in the Malaysia commercial lighting market.
The commercial lighting market in Malaysia caters to various sectors, including retail, hospitality, and office spaces. The pandemic-induced lockdowns and restrictions significantly affected these segments, leading to reduced demand for commercial lighting solutions. However, with the gradual reopening of businesses, the market has been on a path to recovery.
The Malaysia commercial lighting market is diverse, with several Leading Players contributing to its expansion. Acuity Brands, a leading lighting and building management solutions provider, offers innovative commercial lighting solutions for various sectors, from offices to retail spaces. Signify, formerly Philips Lighting, is also a significant player in this market, providing energy-efficient lighting solutions tailored to commercial and architectural applications across Malaysia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Commercial Lighting Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Commercial Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Commercial Lighting Market - Industry Life Cycle |
3.4 Malaysia Commercial Lighting Market - Porter's Five Forces |
3.5 Malaysia Commercial Lighting Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 Malaysia Commercial Lighting Market Revenues & Volume Share, By Installation Type , 2021 & 2031F |
3.7 Malaysia Commercial Lighting Market Revenues & Volume Share, By End-use Application , 2021 & 2031F |
3.8 Malaysia Commercial Lighting Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
4 Malaysia Commercial Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Commercial Lighting Market Trends |
6 Malaysia Commercial Lighting Market, By Types |
6.1 Malaysia Commercial Lighting Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Commercial Lighting Market Revenues & Volume, By Offering , 2021-2031F |
6.1.3 Malaysia Commercial Lighting Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 Malaysia Commercial Lighting Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 Malaysia Commercial Lighting Market Revenues & Volume, By Services, 2021-2031F |
6.2 Malaysia Commercial Lighting Market, By Installation Type |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Commercial Lighting Market Revenues & Volume, By New Installations, 2021-2031F |
6.2.3 Malaysia Commercial Lighting Market Revenues & Volume, By Retrofit Installation, 2021-2031F |
6.3 Malaysia Commercial Lighting Market, By End-use Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Commercial Lighting Market Revenues & Volume, By Indoor , 2021-2031F |
6.3.3 Malaysia Commercial Lighting Market Revenues & Volume, By Outdoor, 2021-2031F |
6.4 Malaysia Commercial Lighting Market, By Communication Technology |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Commercial Lighting Market Revenues & Volume, By Wired, 2021-2031F |
6.4.3 Malaysia Commercial Lighting Market Revenues & Volume, By Wireless, 2021-2031F |
7 Malaysia Commercial Lighting Market Import-Export Trade Statistics |
7.1 Malaysia Commercial Lighting Market Export to Major Countries |
7.2 Malaysia Commercial Lighting Market Imports from Major Countries |
8 Malaysia Commercial Lighting Market Key Performance Indicators |
9 Malaysia Commercial Lighting Market - Opportunity Assessment |
9.1 Malaysia Commercial Lighting Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 Malaysia Commercial Lighting Market Opportunity Assessment, By Installation Type , 2021 & 2031F |
9.3 Malaysia Commercial Lighting Market Opportunity Assessment, By End-use Application , 2021 & 2031F |
9.4 Malaysia Commercial Lighting Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
10 Malaysia Commercial Lighting Market - Competitive Landscape |
10.1 Malaysia Commercial Lighting Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Commercial Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |