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Part of: Smart Lighting Market (Global)

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 (2025-2030) : Size and Share
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CAGR of
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MARKET SNAPSHOT
Market Size in USD 26.32 MN
Market Forecast in
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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..

Market Ecosystem

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SMART LIGHTING MARKET SIZE, SHARE & GROWTH TRENDS FORECAST TO 2032: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
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Signify offers smart and connected lighting solutions through its Interact platform, combining LED luminaires, occupancy sensors, daylight sensors, and connected controls for offices, industrial facilities, healthcare, retail, and outdoor applications. Its solutions enable automated lighting adjustment, zoning, scheduling, and remote monitoring based on occupancy and environmental conditions. Enables intelligent and energy-efficient lighting control | Reduces energy consumption and operational costs | Supports remote monitoring and automated lighting management | Improves occupant comfort and safety
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Legrand provides connected lighting control solutions incorporating sensors, switches, dimmers, and building-control technologies. These solutions are used across commercial buildings, residential spaces, healthcare, education, and industrial facilities to automate lighting based on occupancy, daylight, and user requirements. Provides automated and flexible lighting control | Supports energy-efficiency and sustainability objectives | Enhances occupant comfort and convenience | Enables integration with building management systems
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Acuity Brands offers intelligent lighting and control solutions through platforms such as nLight, incorporating occupancy sensors, photocells, controllers, switches, dimmers, and connected luminaires. The solutions support indoor and outdoor applications and can scale from individual rooms to entire buildings and campuses. Enables smart and adaptive lighting control | Reduces energy consumption and installation requirements | Supports real-time monitoring and building optimization | Improves operational efficiency and occupant experience
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Zumtobel provides connected architectural lighting solutions combining LED luminaires with lighting controls, sensors, and digital management technologies. Its solutions are designed for offices, healthcare, education, retail, industrial facilities, and public spaces, supporting adaptive and human-centric lighting environments. Provides flexible and high-quality lighting environments | Supports energy-efficient and sustainable buildings | Enhances occupant well-being and productivity | Enables connected and automated lighting management
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Panasonic provides LED lighting and connected lighting solutions incorporating smart luminaires, sensors, and control technologies for offices, factories, warehouses, retail facilities, and public spaces. These solutions support automated lighting control, energy management, and efficient operation across different environments. Enables efficient and reliable lighting control | Reduces energy consumption and operating costs | Supports safer and more comfortable environments | Facilitates smart-building and energy-management applications

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

Related Ecosystem

Smart Home

Top Technologies
  • Sensors
  • Pressure Sensors
  • Temperature Sensors
  • Actuators
  • Face Recognition
Top Companies
  • HONEYWELL INTERNATIONAL INC.
  • SCHNEIDER ELECTRIC SE
  • Siemens ag
  • Samsung
  • ABB India Limited

    Smart Lighting

    Top Technologies
    • Fiber Laser
    • Fluorescent Lighting
    • Gas Lasers
    • Sensors
    • 3D Sensors
    Top Companies
    • 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

      CompanyHQOwnershipStrongest segments
      AT&SAustria
      SAMSUNGKorea, South
      BOREALIS AGUnited States
      FOXCONN INDUSTRIAL INTERNET CO LTDUnited States
      PLDT ENTERPRISEPhilippines
      DIODES INCORPORATEDUnited 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

      This study involved four major activities in estimating the current size of the smart lighting market. Extensive secondary research was conducted to gather information on the smart lighting ecosystem, including lighting manufacturers, LED technology providers, sensor suppliers, lighting-control companies, system integrators, distributors, building automation providers, and end users. This was followed by primary research with industry stakeholders across the value chain, including smart lighting manufacturers, technology providers, component suppliers, distributors, system integrators, building owners, and facility managers, to validate assumptions and market sizing. Both top-down and bottom-up approaches were used to estimate the overall market size. Market breakdowns and data triangulation techniques were then applied to determine the size of individual segments and subsegments by offering, communication technology, distribution channel, end-use application, and region. Secondary and primary sources were jointly used to support a comprehensive, technical, commercial, and competitive analysis of the global smart lighting market.

      Secondary Research

      Various secondary sources were referred to during the secondary research process to identify and collect information relevant to the smart lighting market. These sources included annual reports, company presentations, press releases, product catalogs, technical datasheets, patents, technical publications, company websites, trade directories, and government databases. Secondary research was conducted to obtain key insights into the market’s supply chain, value chain, competitive landscape, and segmentation by offering, communication technology, distribution channel, end-use application, and region. It also helped assess industry trends, adoption of smart lighting across commercial, residential, industrial, healthcare, retail, hospitality, and outdoor applications, and developments in LED lighting, connected luminaires, occupancy and daylight sensors, wired and wireless controls, IoT platforms, and lighting-management systems. The collected information was further analyzed to estimate the overall market size and validate market assumptions, which were subsequently refined through primary research with industry experts and key stakeholders.

      Primary Research

      Extensive primary research was conducted after gaining knowledge about the current scenario of the smart lighting market through secondary research. Several primary interviews were conducted with experts from the demand and supply sides across four major regions: North America, Europe, Asia Pacific, and RoW. This primary data was collected through questionnaires, emails, and telephonic interviews.

      Smart Lighting Market 
 Size, and Share

      Note: The three tiers of the companies are defined based on their total revenue in 2025: Tier 1 - revenue greater than or equal to USD 1 billion; Tier 2 - revenue between USD 100 million and USD 1 billion; and Tier 3 revenue less than or equal to USD 100 million. Other designations include sales managers, marketing managers, and product managers.

      To know about the assumptions considered for the study, download the pdf brochure

      Market Size Estimation

      Both top-down and bottom-up approaches were used to estimate and validate the total size of the smart lighting market. These methods were also used extensively to estimate the size of various subsegments in the market. The following research methodology was used to estimate the market size:

      • Major players in the smart lighting market and related markets were identified through extensive secondary research.
      • The industry’s value chain and market size in terms of value and volume were determined through primary and secondary research processes.
      • All percentage shares, splits, and segment-level breakdowns were determined using secondary sources and verified through primary research and data triangulation.

      Smart Lighting Market Top Down and Bottom Up Approach

      Data Triangulation

      After arriving at the overall size of the smart lighting market through the market size estimation process, the total market was divided into relevant segments and subsegments. Data triangulation and market breakdown procedures were applied, wherever applicable, to complete the market engineering process and derive statistics for each segment and subsegment. The data were triangulated by evaluating factors and trends from the demand and supply sides, including technology adoption, product offerings, communication technologies, application requirements, smart-building investments, energy-efficiency initiatives, and regional trends. The analysis considered key smart lighting technologies such as LED lighting, connected luminaires, occupancy and daylight sensors, wired and wireless controls, IoT platforms, and lighting-management systems, along with hardware and services, distribution channels, and indoor and outdoor applications. Along with this, the market size was validated using top-down and bottom-up approaches to ensure consistency across the overall market and individual segments.

      Market Definition

      Smart lighting refers to lighting systems that combine LED luminaires, sensors, controllers, communication technologies, and software to enable automated, connected, and intelligent control of illumination. Smart lighting systems can detect occupancy, daylight, environmental conditions, and user preferences and adjust lighting levels, color, scheduling, and operation accordingly. These solutions can incorporate wireless or wired connectivity, occupancy and daylight sensing, dimming, and centralized or cloud-based lighting management across indoor and outdoor environments.

      Smart lighting plays an important role across commercial and residential buildings, industrial facilities, healthcare, retail, hospitality, and outdoor infrastructure. These solutions enable energy management, automated lighting control, remote monitoring, occupant comfort, safety, and operational efficiency. Smart lighting systems are commonly integrated into offices, homes, factories, warehouses, hospitals, hotels, retail spaces, streets, and smart-city infrastructure. A typical smart lighting system may consist of LED luminaires, drivers, sensors, switches or controllers, communication interfaces, gateways, and lighting-management software, with its configuration varying according to the application, connectivity technology, control requirements, and operating environment.

      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 offering (hardware, software, and services), communication technology (wired and wireless), end-use application (indoor and outdoor), distribution channel (online retail and offline retail), and installation type (new installations and retrofit installations)
      • To estimate and project the market size, in terms of value, for various segments with respect to four regions: North America, Europe, Asia Pacific, and the Rest of the World (ROW)
      • To describe and forecast the market size, in terms of volume, by offering
      • To provide detailed insights regarding drivers, restraints, opportunities, and challenges influencing the growth of the market
      • To analyze emerging applications and standards in the market
      • To examine manufacturers of smart lighting products, their strategies, production plans, and the overall supply chain, including material and component suppliers
      • To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
      • To analyze 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 the impact of AI/Gen AI on the market
      • To provide information about the key technology trends, trade analysis, and patents related to the market
      • To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes them on various parameters within the broad categories of market ranking/share and product portfolio
      • To analyze competitive developments, such as partnerships, acquisitions, agreements, collaborations, and product launches
      • To strategically profile key players and analyze their market share, ranking, and core competencies

      Available customizations:

      With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

      Company Information:

      • Detailed analysis and profiling of additional market players (up to 5)

       

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