Smart lighting is planned to achieve luminance remotely. Smart LED lights cover software that connects to smart home assistant, an application, or any other accessory to automate lights or to control them remotely, which ultimately eliminates the need for traditional wall switches.
The Smart Lighting Market is expected to be around US$ 134.50 billion by 2028 at a CAGR of 19.08% from 2023 to 2028.
It confirms energy efficiency and contains automated controls and highly efficient fixtures that could be adjusted depending on conditions such as occupancy and external lighting. Lighting is an intentional use of light to add practical and aesthetic effect to a space. Moreover, these systems contain task lighting, general, and accent. Besides this, smart lighting systems ensure lower energy usage and high-cost savings.
The global Smart Lighting market is segregated on the basis of Installation Type as New Installation and Retrofit. Based on Offering the global Smart Lighting market is segmented in Hardware, Software and Services. Based on End-use Application the global Smart Lighting market is segmented in Indoor and Outdoor.
Based on Communication Technology, the global Smart Lighting market is segmented in Wired and Wireless.
The global Smart Lighting market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Smart Lighting market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Signify, Legrand S.A., Acuity Brands, Inc., Eaton Corporation, General Electric Company, and OSRAM Licht, Leviton Manufacturing Company, Inc., Lutron Electronics, Zumtobel Group, Honeywell International Inc., Hubbell Incorporated, Dialight PLC, Helvar, Ideal Industries, Inc., Adesto Technologies, Panasonic, LightwaveRF PLC, RAB Lighting, Synapse Wireless, Syska LED, Wipro Enterprise Ltd, LG Electronics, ABB, and Enlighted Inc. and others are among the major players in the global Smart Lighting market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Smart Lighting market has been segmented as below:
Smart Lighting Market, By Installation Type
Smart Lighting Market, By Offering
Smart Lighting Market, By Communication Technology
Smart Lighting Market, By End-use Application
Smart Lighting Market, By Region
Smart Lighting Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Smart Lighting market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Lighting market share. Major industry players with significant revenue share include Signify, Legrand S.A., Acuity Brands, Inc., Eaton Corporation, General Electric Company, and OSRAM Licht, Leviton Manufacturing Company, Inc., Lutron Electronics, Zumtobel Group, Honeywell International Inc., Hubbell Incorporated, Dialight PLC, Helvar, Ideal Industries, Inc., Adesto Technologies, Panasonic, LightwaveRF PLC, RAB Lighting, Synapse Wireless, Syska LED, Wipro Enterprise Ltd, LG Electronics, ABB, and Enlighted Inc. and others.
Why to Buy this Report:
Target Audience:
The report targeted towards the existing players in the industry is as follows:
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Smart Lighting Market, By Installation Type
5.1 Introduction
5.2 New Installation
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Retrofit
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Smart Lighting Market, By Offering
6.1 Introduction
6.2 Hardware
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Software
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Services
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Smart Lighting Market, By Communication Technology
7.1 Introduction
7.2 Wireless
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Wired
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Smart Lighting Market, By End-use Application
8.1 Introduction
8.2 Outdoor
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Indoor
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Smart Lighting Market, By Geography
9.1 Introduction
9.2 Europe
9.2.1 Europe Smart Lighting, By Installation Type
9.2.2 Europe Smart Lighting, By Offering
9.2.3 Europe Smart Lighting, By Communication Technology
9.2.4 Europe Smart Lighting, By End-use Application
9.3 North America
9.3.1 North America Smart Lighting, By Installation Type
9.3.2 North America Smart Lighting, By Offering
9.3.3 North America Smart Lighting, By Communication Technology
9.3.4 North America Smart Lighting, By End-use Application
9.4 Asia Pacific
9.4.1 Asia Pacific Smart Lighting, By Installation Type
9.4.2 Asia Pacific Smart Lighting, By Offering
9.4.3 Asia Pacific Smart Lighting, By Communication Technology
9.4.4 Asia Pacific Smart Lighting, By End-use Application
9.5 Rest of The World
9.5.1 Rest of The World Smart Lighting, By Installation Type
9.5.2 Rest of The World Smart Lighting, By Offering
9.5.3 Rest of The World Smart Lighting, By Communication Technology
9.5.4 Rest of The World Smart Lighting, By End-use Application
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Signify
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Legrand S.A
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Acuity Brands, Inc
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Eaton Corporation
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 General Electric Company
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 OSRAM Licht
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Leviton Manufacturing Company, Inc.
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 Lutron Electronics
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 Zumtobel Group
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 Honeywell International Inc.
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
11.11 Hubbell Incorporated
11.11.1 Company Overview
11.11.2 Product/Service Landscape
11.11.3 Financial Overview
11.11.4 Recent Developments
11.12 Dialight PLC
11.12.1 Company Overview
11.12.2 Product/Service Landscape
11.12.3 Financial Overview
11.12.4 Recent Developments
11.13 Helvar
11.13.1 Company Overview
11.13.2 Product/Service Landscape
11.13.3 Financial Overview
11.13.4 Recent Developments
11.14 Ideal Industries, Inc
11.14.1 Company Overview
11.14.2 Product/Service Landscape
11.14.3 Financial Overview
11.14.4 Recent Developments
11.15 Adesto Technologies
11.15.1 Company Overview
11.15.2 Product/Service Landscape
11.15.3 Financial Overview
11.15.4 Recent Developments
11.16 Panasonic
11.16.1 Company Overview
11.16.2 Product/Service Landscape
11.16.3 Financial Overview
11.16.4 Recent Developments
11.16 LightwaveRF PLC
11.16.1 Company Overview
11.16.2 Product/Service Landscape
11.16.3 Financial Overview
11.16.4 Recent Developments
11.17 RAB Lighting
11.17.1 Company Overview
11.17.2 Product/Service Landscape
11.17.3 Financial Overview
11.17.4 Recent Developments
11.18 Synapse Wireless
11.18.1 Company Overview
11.18.2 Product/Service Landscape
11.18.3 Financial Overview
11.18.4 Recent Developments
11.19 Syska LED
11.19.1 Company Overview
11.19.2 Product/Service Landscape
11.19.3 Financial Overview
11.19.4 Recent Developments
The global Smart Lighting market has been segmented as below:
Smart Lighting Market, By Installation Type
Smart Lighting Market, By Offering
Smart Lighting Market, By Communication Technology
Smart Lighting Market, By End-use Application
Smart Lighting Market, By Region
Smart Lighting Market, By Company
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