Tubular Skylights Market Size, Share, Growth, and Industry Growth By Type (Flexible and Rigid) By Application (Residential Building and Commercial Building), Regional Forecast to 2033
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TUBULAR SKYLIGHTS MARKET OVERVIEW
The global tubular skylights market was valued at approximately USD 0.47 billion in 2024 and is expected to grow to USD 0.5 billion in 2025, reaching USD 0.77 billion by 2033, with a projected CAGR of 5.8% from 2025 to 2033.
Tubular skylights also known as light tubes or light pipes. The pipes are structured which helps to distribute or transmit natural or artificial light for the purpose of illumination.
The tubular skylights market is expected to grow owing to increased adoption of the tubes in stadium. Rise in focus on smart city project globally and increased need for energy efficient and conservation of environment is anticipated to fuel market growth. The tubes are often called tubular daylighting devices sun scopes, sun pipes, or daylight pipes. The light tubes can be custom designed and it has highly polished infrared reflective coating of gold, which used in highly corrosive environment. Huge adoption of the lights in commercial sector and rapid growth in electronic devices is predicted to fuel market progress. Increased need for security applications for prisons, police cells, and other location is anticipated to foster market growth. Rise in R&D activities and huge adoption of the lights in several applications is expected to fuel market growth in the upcoming years. Rise in consumer awareness about durable and effective lights is predicted to surge market growth. On the contrary, higher costs of the light is predicted to limit market progress in the coming years.
COVID-19 IMPACT
Closure of Several Units and Lockdown Restriction to Limit Market Progress
The spread of COVID-19 pandemic affected several market progress. Lower production activities and reduced workforce due to lockdown restrictions to hamper market growth. Further, closing of several units and lower demand from end-user to reduce market growth.
LATEST TRENDS
Solar and Hybrid Lighting Systems to Improve Market Progress
The light tubes have advantages of providing natural light. During day time it provides natural sun light in covered areas. The tubes do not require electric insulation or installations. The lights are especially useful for indoor wet areas such as swimming pools and bathrooms. Tubular skylights also known as light tubes or light pipes. The pipes are structured which helps to distribute or transmit natural or artificial light for the purpose of illumination. Rise in adoption of the lights among growing population is anticipated to accelerate market growth in the upcoming years.
TUBULAR SKYLIGHTS MARKET SEGMENTATION
By Type
Based on type, the market is divided into flexible and rigid.
Flexible is expected to be the top part of the type segmentation
By Application
Based on the application, the market is divided into residential building and commercial building.
Commercial building is expected to be the top part of application segmentation.
DRIVING FACTORS
Growing Adoption in Stadiums and Huge Focus on Smart City Project to Fuel Market Growth
The tubular skylights market is expected to grow owing to increased adoption of the tubes in stadium. Rise in focus on smart city project globally and increased need for energy efficient and conservation of environment is anticipated to fuel market growth. The tubes are often called tubular daylighting devices sun scopes, sun pipes, or daylight pipes. The light tubes can be custom designed and it has highly polished infrared reflective coating of gold, which used in highly corrosive environment. Huge adoption of the lights in commercial sector and rapid growth in electronic devices is predicted to fuel market progress in the forthcoming years.
Favorable Government Initiatives to Surge Market Growth
Favorable government initiatives across the globe and growing expansion of residential sector. Increased construction activities. Increased use for eco-friendly products and growing environmental concerns is predicted to drive market progress. Huge adoption of the lights in commercial sector and rapid growth in electronic devices is predicted to fuel market progress. Increased need for security applications for prisons, police cells, and other location is anticipated to foster market growth. Rise in R&D activities and huge adoption of the lights in several applications is expected to fuel market growth in the upcoming years. Rise in development in solar sector and increased innovations by market players is anticipated to drive market growth.
RESTRAINING FACTORS
Higher Costs of Tube Lights to Hamper Market Growth
The higher costs of the light are predicted to limit market progress in the coming years.
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TUBULAR SKYLIGHTS MARKET REGIONAL INSIGHTS
Durable and Eco-Friendly Properties of the Product and Rapid Innovation in North America to Drive Market Share
North America is expected to account for the highest tubular skylights market share owing to durable ad eco-friendly properties. Growing development in electronic and electrical sector. increased adoption of the tubes in stadium. Rise in focus on smart city project globally and Increased need for energy efficient and conservation of environment is anticipated to fuel market growth. The tubes are often called tubular daylighting devices sun scopes, sun pipes, or daylight pipes. The light tubes can be custom designed and it has highly polished infrared reflective coating of gold, which used in highly corrosive environment. Huge adoption of the lights in commercial sector and rapid growth in electronic devices is predicted to fuel market progress in the upcoming years.
KEY INDUSTRY PLAYERS
Leading Players Adopt New Strategies to Stay Competitive
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Top Tubular Skylights Companies
- Velux (Denmark)
- Solatube (U.S.)
- CrystaLite (U.S.)
- Tubular Skylight (U.S.)
- Natural Light Energy System (U.S.)
- Solar Bright (U.S.)
- Kennedy (Australia)
- Skyspan (U.S.)
- Conrad (Germany)
- Tile Meister (U.S.)
- Artistic Skylight (Canada)
- Elite
- Chet's Tubular Skylights (U.S.)
- Affordable Skylights & Solar (Australia)
- Adlux
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
Attributes | Details |
---|---|
Market Size Value In |
US$ 0.47 Billion in 2024 |
Market Size Value By |
US$ 0.77 Billion by 2033 |
Growth Rate |
CAGR of 5.8% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
The global tubular skylights market is expected to touch USD 0.77 billion by 2033.
The tubular skylights market is expected to exhibit a CAGR of 5.8% over forecast period.
Velux, Solatube, CrystaLite, Tubular Skylight, Natural Light Energy System, Solar Bright, Kennedy, Skyspan, Conrad, Tile Meister, Artistic Skylight, Elite, Chets Tubular Skylights, Affordable Skylights & Solar, and Adlux are the key player or most dominating companies functioning in the tubular skylights market.
The leading region in the tubular skylights market is North America.
The drivers of the tubular skylights market are growing adoption in stadiums and huge focus on smart city project and favorable government initiatives.