Skylights Market was valued at USD 8.5 Billion in 2022 and is projected to reach USD 12.3 Billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030.
The global skylights market was valued at approximately USD 8.5 billion in 2022, with a compound annual growth rate (CAGR) of 6.2% projected from 2023 to 2030. This growth is driven by increasing demand for energy-efficient lighting solutions and advancements in skylight technology, such as improved insulation and durability. Residential construction and renovation projects are significant contributors to this upward trend, reflecting a growing consumer preference for natural lighting and sustainable building practices. Additionally, the integration of smart technologies in skylight systems is expected to bolster market expansion, catering to a more tech-savvy consumer base.Emerging markets, particularly in Asia-Pacific and Latin America, present substantial opportunities for growth. Rapid urbanization, rising disposable incomes, and expanding real estate sectors in these regions are likely to fuel demand for skylights. In particular, the increasing focus on green building certifications and energy-efficient design in emerging economies is anticipated to drive market dynamics. As these markets mature, they will offer lucrative prospects for manufacturers and distributors aiming to tap into the evolving preferences for enhanced lighting solutions and sustainable building materials.
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Major Industries Inc.
Velux Skylights
Fakro
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Skylights Market
Residential Building
Commercial Building
Based on Types the Market is categorized into Below types that held the largest Skylights market share In 2023.
Auburn Single-Slope Skylights
Energy Performance Model Skylights
Flat Roof Access Skylight
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Skylights Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Skylights Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Skylights Market, By Type
6. Global Skylights Market, By Application
7. Global Skylights Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Skylights Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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