Sweden Professional Lighting Market is projected to grow at a CAGR of 3.8% from 2024-2030F

By usage, the indoor lighting category grew significantly as it accomplished a significant revenue share in Sweden Professional Lighting Market – 6Wresearch

Indoor lighting has acquired the largest revenue share in the professional lighting market in Sweden, owing to the shift towards sophisticated indoor lighting solutions in commercial malls, high-end residential homes, and offices. This trend reflects a broader movement towards creating more efficient, comfortable, and sustainable living and working environments.

According to 6Wresearch, Sweden Professional Lighting Market is projected to grow at a CAGR of 3.8% from 2024-2030F. The Sweden professional lighting market is poised for significant growth driven by the rapid expansion of the hospitality and office sectors. Key developments include the opening of several high-end hotels, such as Villa Dahlia, Maryhill Estate, and AddHernö Gin Hotel, all of which would require sophisticated and energy-efficient lighting solutions. Additionally, the office sector is expected to see substantial demand due to large-scale projects like Söderstaden’s long-term vision and Skanska's investment in the Olivin office building, which would contribute to a substantial increase in demand for professional lighting solutions.

Sweden's substantial investments in infrastructure, including projects like Wood City and Royal Seaport in Stockholm, along with a planned $126 billion investment in infrastructure, are poised to significantly increase the demand for advanced, energy-efficient professional lighting across various commercial and public spaces. This urban development is driven by the need to accommodate urban expansion and a growing population, underscoring the critical role of professional lighting in enhancing functionality and sustainability in new developments.

According to Dhaval, Research Manager, 6Wresearch, in Sweden’s professional lighting market, the commercial sector is expected to grow at a faster rate in the coming years, driven by the expansion of workplaces, educational buildings, and office projects, which would fuel the demand for LED lighting, fluorescent lighting, among others.

Sweden Professional Lighting Market (2024-2030) report provides an in-depth analysis with 10 figures and 6 tables, covered in 65 pages. The report comprehensively covers the market by technology, usages and end users. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.