South Korea Smart Lighting Market (2025-2030)
The South Korea Smart Lighting Market was valued at $216.1 Million in 2025 and projected to reach to $430.8 Million by 2030, representing a compound annual growth rate of 14.8%. South Korea's smart lighting market is poised for accelerated growth through 2030, driven by the nation's leadership in semiconductor technology and widespread IoT integration.
South Korea Smart Lighting Market Trends and Insights
- This represents a compound annual growth rate of 14.8%, significantly outpacing global trends and reflecting South Korea's advanced technological infrastructure and high consumer adoption of IoT solutions.
- South Korea's position as a global semiconductor and electronics hub accelerates innovation in connected lighting systems, smart home integration, and energy-efficient solutions. The South Korean smart lighting sector is driven by strong demand from both residential and commercial segments, supported by government initiatives promoting energy efficiency and smart city development.
- South Korea's early adoption of 5G and IoT technologies creates a favorable ecosystem for smart lighting deployment across urban centers and industrial facilities.
- Between 2025 and 2030, South Korea is expected to consolidate its leadership in the Asia Pacific region, with increasing investments in smart building infrastructure and sustainable lighting solutions..
Key Market Statistics
- CAGR (2025-2030) 14.8% CAGR
- Market Size, 2025 ~USD 216.1 Million
- Forecast, 2030 ~USD 430.8 Million
- Country South Korea
South Korea Smart Lighting Market Overview
Market Valuation Growth :
South Korea's smart lighting market is valued at $216.1 million in 2025 and is projected to reach $430.8 million by 2030, demonstrating nearly 100% growth over the five-year forecast period.
Outpacing Global Growth :
With a CAGR of 14.8%, South Korea's smart lighting market significantly exceeds the global average of 12%, driven by early technology adoption and strong IoT infrastructure investment.
IoT Leadership Position :
South Korea's advanced technological ecosystem and high consumer adoption of IoT solutions position it as a key market for smart lighting innovation and deployment across residential and commercial sectors.
Digital Transformation Catalyst :
Government initiatives supporting smart city development and energy efficiency standards are accelerating smart lighting adoption across South Korea's urban centers and industrial facilities.
South Korea Smart Lighting Market Dynamics
- The market's 14.8% CAGR reflects strong demand from both residential consumers seeking energy-efficient solutions and enterprises implementing smart building technologies.
- South Korea's advanced 5G infrastructure and digital-first consumer base create ideal conditions for connected lighting systems adoption. The forecast period will see increased competition among local and international players, with innovation focused on AI-enabled lighting controls and integration with smart home ecosystems.
- Government sustainability initiatives and building energy codes will further propel market expansion, while South Korea's manufacturing expertise positions domestic companies to capture significant market share in both domestic and regional markets..
Related Ecosystem
Smart Home
- Sensors
- Pressure Sensors
- Temperature Sensors
- Actuators
- Face Recognition
- HONEYWELL INTERNATIONAL INC.
- SCHNEIDER ELECTRIC SE
- Siemens ag
- Samsung
- ABB India Limited
Smart Lighting
- Fiber Laser
- Fluorescent Lighting
- Gas Lasers
- Sensors
- 3D Sensors
- Zumtobel group ag
- Nedap n.v.
- Acuity Brands, Inc.
- OSRAM Licht AG
- Philips
Key Takeaways
- South Korea's smart lighting market will nearly double from $216.1M (2025) to $430.8M (2030) at a 14.8% CAGR.
- South Korea's advanced 5G and IoT infrastructure positions it as a regional leader in smart lighting adoption and innovation.
- South Korea's government-backed smart city initiatives and energy efficiency mandates drive sustained market growth through 2030.
- South Korea's semiconductor expertise enables rapid development of connected lighting solutions and competitive market positioning.
Smart Lighting Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Fastest Growing Segment | RETROFIT INSTALLATIONS (Installation Type) |
| Forecast Period | 2025–2030 |
| Growth Rate | CAGR of 12% from 2025 to 2030 |
| Largest Segment | INDOOR (End-Use Application) |
| Market Size Base Year (Billions) | ~USD 9.86 (2025) |
| Revenue Forecast (Billions) | ~USD 17.38 (2030) |
| Segments Covered | Communication Technology, Type, End-Use Application, Application, Distribution Channel, Offering, Hardware, Component, Installation Type |
South Korea Smart Lighting Market Report Segmentation
9 segment dimensions are covered across the global market.
By Communication Technology
- Wired
- Wireless
By Type
- 6Lowpan
- Ble
- Dali
- Enocean
- Post-Installation
- Power Line Communications (Plc)
- Power Over Ethernet (Poe)
- Pre-Installation
- Wi-Fi
- Wired Hybrid Protocols
- Wireless Hybrid Protocols
- Zigbee
By End-Use Application
- Indoor
- Outdoor
By Application
- Architectural Lighting
- Commercial
- Highways And Roadways Lighting
- Industrial
- Lighting For Public Places
- Residential
By Distribution Channel
- Offline Sales
- Online Sales
By Offering
- Hardware
- Services
- Software
By Hardware
- Lighting Controls
- Lights & Luminaires
By Component
- Dimmers
- Gateways
- Led Driver & Ballasts
- Led Drivers & Ballasts
- Relay Units
- Sensors
- Switches
By Installation Type
- New Installations
- Retrofit Installations
Target Audience
- Smart Lighting Manufacturers : Manufacturers need South Korea-specific market data to assess production capacity requirements, identify local partnership opportunities, and benchmark competitive positioning in this high-growth market.
- IoT Technology Providers : IoT solution providers require detailed insights into South Korea's smart lighting ecosystem to develop compatible platforms, integrate with local standards, and capture enterprise and consumer segments.
- Real Estate & Building Developers : Developers and property managers need market intelligence on smart lighting adoption trends to incorporate connected lighting systems into new projects and retrofit existing properties competitively.
- Investment & Private Equity Firms : Investors evaluating South Korea's smart lighting sector need comprehensive market sizing, growth projections, and competitive analysis to identify acquisition targets and funding opportunities.
- Government & Policy Makers : Policy officials and regulatory bodies require market data to inform smart city initiatives, energy efficiency standards, and technology adoption incentives aligned with South Korea's digital transformation goals.
Key Companies in the South Korea Smart Lighting Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| AT&S | Austria | ||
| SAMSUNG | Korea, South | ||
| BOREALIS AG | United States | ||
| FOXCONN INDUSTRIAL INTERNET CO LTD | United States | ||
| PLDT ENTERPRISE | Philippines | ||
| DIODES INCORPORATED | United States |
AT&S
AT&S Austria is a printed circuit board manufacturer producing high-tech interconnect solutions for various industrial and electronic applications.
SAMSUNG
Samsung is a South Korean multinational conglomerate operating across electronics, semiconductors, telecommunications, and consumer appliances.
BOREALIS AG
Borealis AG is a polyolefins and base chemicals company based in the United States, producing materials for packaging, automotive, and industrial applications.
FOXCONN INDUSTRIAL INTERNET CO LTD
Foxconn Industrial Internet Co Ltd is a United States-based electronics manufacturing and industrial internet services provider.
PLDT ENTERPRISE
PLDT Enterprise is a Philippines-based telecommunications and ICT solutions provider serving business customers with connectivity and digital services.
DIODES INCORPORATED
Diodes Incorporated is a United States semiconductor manufacturer producing analog and mixed-signal integrated circuits for various applications.
Reasons to Buy this Report
- Market-Specific Sizing Data : Access precise valuation figures for South Korea's smart lighting market with verified 2025 baseline ($216.1M) and 2030 projections ($430.8M), enabling accurate business planning and investment decisions.
- Competitive Landscape Intelligence : Understand South Korea's unique competitive dynamics, local player strategies, and market consolidation trends specific to the region's semiconductor and electronics ecosystem.
- Growth Driver Analysis : Identify South Korea-specific growth catalysts including 5G infrastructure, government smart city initiatives, and consumer IoT adoption patterns that differentiate this market from global trends.
- Segment Breakdown by Application : Gain detailed insights into residential, commercial, and industrial smart lighting adoption rates across South Korea, with regional penetration metrics for strategic market entry planning.
- Strategic Expansion Roadmap : Develop targeted go-to-market strategies leveraging South Korea's technological leadership, regulatory environment, and distribution channels to maximize market penetration and revenue growth.
Frequently asked questions
What is the current size of South Korea's smart lighting market?
South Korea's smart lighting market is valued at $216.1 million in 2025 and is expected to grow to $430.8 million by 2030.
What is the growth rate of South Korea's smart lighting market?
South Korea's smart lighting market is growing at a compound annual growth rate (CAGR) of 14.8% from 2025 to 2030.
What factors are driving growth in South Korea's smart lighting market?
South Korea's smart lighting growth is driven by advanced 5G/IoT infrastructure, government smart city initiatives, energy efficiency mandates, and strong consumer adoption of connected home technologies.
How does South Korea's smart lighting market compare to global trends?
South Korea's 14.8% CAGR significantly exceeds the global smart lighting market CAGR of 12%, reflecting the country's technological leadership and early IoT adoption.
Which segments are driving South Korea's smart lighting market?
South Korea's smart lighting demand spans residential smart homes, commercial office buildings, industrial facilities, and smart city infrastructure projects.
RESEARCH METHODOLOGY
The research study involved 4 major activities in estimating the size of the smart lighting market. Exhaustive secondary research has been done to collect important information about the market and peer markets. The validation of these findings, assumptions, and sizing with the help of primary research with industry experts across the supply chain has been the next step. Both top-down and bottom-up approaches have been used to estimate the market size. Post which the market breakdown and data triangulation have been adopted to estimate the market sizes of segments and sub-segments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information required for this study. The secondary sources include annual reports, press releases, investor presentations of companies, white papers, and articles from recognized authors. Secondary research has been mainly done to obtain key information about the market’s value chain, the pool of key market players, market segmentation according to industry trends, regional outlook, and developments from both market and technology perspectives.
Primary Research
In primary research, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative insights required for this report. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, manufacturers, technology and innovation directors, end users, and related executives from multiple key companies and organizations operating in the smart lighting market ecosystem. After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primary. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. The breakdown of primary respondents is as follows:
Note: “Others” includes sales, marketing, and product managers
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The bottom-up procedure has been employed to arrive at the overall size of the smart lighting market.
- Identification of major companies providing smart lighting hardware, software, and services
- Identification of key segments within the smart lighting market across different geographical regions
- Estimation of the market size in various regions by analyzing the adoption of smart lighting solutions across different industries
- Determination of market share estimates for deployments in different end-use application segments by assessing the demand for smart lighting products and solutions
- Tracking ongoing and upcoming developments in smart lighting products
- Compilation of regional market size data for each segment to derive regional market estimates
- Conducting interviews with multiple key leaders to comprehend the smart lighting market scope, product demand, future market growth, and potential impact of economic downturns
- Verification and validation of estimates through cross-checking with primary sources, discussions with leaders, and consultation with domain experts at MarketsandMarkets
- Analysis of various paid and unpaid information sources, including annual reports, press releases, white papers, and databases
The top-down approach has been used to estimate and validate the total size of the smart lighting market.
- Focusing, initially, on the top-line investments and spending in the ecosystems of various industries. Tracking further splits based on product launches, advancements in smart lighting technologies, smart lighting solutions and software used for various industrial applications, and developments in the key market areas
- Representing and developing the information related to market revenue offered by key hardware, software, and service providers
- Carrying out multiple on-field discussions with key opinion leaders across each major company involved in the development of hardware and software components and services pertaining to smart lighting
- Estimating the geographic split using secondary sources based on factors such as the number of players in a specific country and region, types of products, levels of services offered, and types of software implemented.
Smart Lighting Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from the demand and supply sides of the smart lighting market.
Market Definition
Smart lighting systems combine automation technologies with connectivity features and intelligent control aspects to deliver enhanced efficiency and improved experience paired with convenience. The system contains LED luminaires, sensors, and wire-based or wireless communication systems to allow remote monitoring and scheduling adjustments based on occupancy status, daylight exposure, and user settings. Users can operate smart lighting systems through mobile applications, voice commands, and centralized automation networks which enable full control of brightness adjustments, color temperature settings, and hue transformation features. These devices play an essential role in residential, commercial, and industrial sectors, helping to reduce energy consumption while aiding sustainability efforts.
Key Stakeholders
- Raw material and component suppliers
- Communication network providers
- Smart lighting device manufacturers
- Original equipment manufacturers
- Semiconductor component suppliers
- Analysts and strategic business planners
- Venture capitalists and start-ups
- Research laboratories and intellectual property (IP) companies
- Technology standards organizations, forums, alliances, and associations
- Hardware vendors
- Software integrators
- Smart lighting solutions-related service providers
- End users
- Government bodies such as regulatory authorities and policymakers
Report Objectives
- To define, estimate, and forecast the smart lighting market based on hardware, software, and services offerings, wired and wireless communication technologies, indoor and outdoor applications, online and offline sales distribution channels, and new and retrofit installation types
- To estimate and project the market size, in terms of value, for various segments with respect to four regions: Americas, Europe, Asia Pacific, and the Rest of the World (ROW)
- To describe and forecast the smart lighting market size, in terms of volume, by hardware offering
- To provide detailed insights regarding drivers, restraints, opportunities, and challenges influencing the growth of the market
- To analyse emerging applications and standards in the smart lighting market
- To examine manufacturers of smart lighting products, their strategies, production plans, and the overall supply chain, including material and component suppliers
- To strategically analyse the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
- To analyse the market opportunities for stakeholders, and provide a comprehensive competitive landscape analysis
- To provide a detailed overview of the smart lighting value chain and ecosystem
- To provide a detailed overview of impact of AI/Gen AI on smart lighting market
- To provide information about the key technology trends, trade analysis, and patents related to the smart lighting market
- To benchmark the market players using the proprietary company evaluation matrix framework, which analyses them on various parameters within the broad categories of market ranking/share and product portfolio
- To analyse competitive developments, such as partnership, acquisitions, agreements, collaborations, and product launches
- To strategically profile key players and analyse their market share, ranking, and core competencies
This research report categorizes the smart lighting market based on offering, communication technology, installation type, distribution channel, end-use application, and region.
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players based on various blocks of the supply chain
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