Light Pipe Market By Type (Rigid Tube, Flexible Tube) By Application (Residential, Commercial) and Region - Global Forecast 2026

Global Light Pipe Market: Introduction

“The global Light Pipe Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

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Light pipes, also known as tubular skylights, are used for distribution of artificial or natural light in order to illuminate spaces. Without generating excessive heat, light pipe transmits light from outdoors to indoor. Light pipes are used in commercial and residential buildings and complexes as they help lower the energy consumption and reduce cost of electricity.

Global Light Pipe Market: Dynamics

Growing construction industry in developed as well as developing economies is a major factor driving growth of the global light pipe market. Light pipes are used in industrial buildings, shops, offices, storages, etc.

Increasing preference for use of natural light in order to reduce energy consumption is another factor expected to support growth of the target market. In addition, government investments and schemes for construction of green buildings, coupled with urbanization and growing population are factors fueling growth of the global market.

Growing initiatives to encourage energy efficient projects is another factor supporting growth of the target market. Government agencies are encouraging use of day light for less energy consumption and reduce greenhouse gases emission. Government in various counties have taken initiatives to build self-sufficient and green building in the coming years, which is another factor propelling growth of the global market.

Use of daylight also helps to improve productivity, well-being, and sense of satisfaction among clients, students, and consumers. In addition, increasing use of skylights in shopping malls and marts in order to decrease their expenditure on energy and increase their sale. These factors expected to drive growth of the global market over the forecast period.

However, high product and installation costs is a major factor anticipated to restrain growth of the global light pipe market. Additionally, lack of awareness regarding light pipes especially in developing countries is another factor that could adversely affect growth of the target market.

Nevertheless, growing adoption of commercial light pipes is anticipated to fuel growth of the global light pipe market. Light pipes are being used in recreational area, gyms, and sports arenas. Growing global events is a factor expected to boost growth of the target market over the forecast period.

Moreover, use of light pipes in creative architecture for controllable dimming, full daylight, various lighting designs is another factor expected to boost growth of the global market in the near future.

Global Light Pipe Market Analysis, by Type

Currently, among the type segments, the rigid tube segment accounts for major market share in terms of revenue, and is expected to maintain its dominance in the next 10 years. The rigid tube segment is expected to register highest CAGR over 3% over the forecast period. Increasing use of rigid tube light pipes in sports and commercial complexes is a factor supporting growth of the rigid tube segment in the global market.

Global Light Pipe Market Analysis, by Application

Currently, the commercial segment dominates in the global market in terms of revenue, and is expected to register a CAGR of XX%. Growing commercial construction activities, coupled with government initiatives are factors anticipated to fuel revenue growth of this segment in the global light pipe market over the forecast period.

The residential segment is projected to register a comparatively higher growth rate over the forecast period, owing to growing adoption of light pipes in residential buildings in order to decrease energy consumption.

Global Light Pipe Market Analysis, by Region/Country

Currently, the market in North America dominates in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period. The market in Europe accounts for second-highest share in terms of revenue in the global market.

Stringent government regulations and growing focus on reduction of carbon emission are major factors expected to drive growth of the light pipe market in Europe. In addition, increasing construction activities and selling light pipes using ecommerce to attract consumers is a factor expected to support growth of the Europe market.

Market in China is expected to register moderate growth rate in terms of revenue over the forecast period. Increasing investments in construction of energy efficient building by major manufacturers in this country and growing adoption of light pipes in order to reduce electricity cost is expected to support growth of the market in China.

Japan market is expected to register lucrative growth in terms of revenue, and is expected to account for moderate CAGR over the forecast period. Increasing investments in construction sector is a factor driving growth of the light pipe market in this country.

In addition, favorable policies by government, and development of energy efficient buildings are also factor supporting growth of the market in Japan.

Market in India expected to register steady growth rate over the forecast period. Increasing use of light pipes in artificial lighting in commercial and residential complexes is a factor propelling growth of the light pipe market in India.

In addition, increasing construction activities and growing urbanization are factors supporting growth of the target market in this region. Rising environmental awareness, coupled with government initiatives to convert government buildings to energy sufficient buildings is another factor expected to support growth of the light pipe market in this country.

Global Light pipe Market Segmentation:

Segmentation on the Basis of Type:

• Rigid Tube
• Flexible Tube

Segmentation on the Basis of Application:

• Residential
• Commercial

Segmentation on the Basis of Region/Country:

• North America
• China
• Europe
• Southeast Asia
• Japan
• India