Smart Lighting Market by Offering (Hardware, Software and Services), Installation Type (New Installations and Retrofit Installations), End Use Application, Communication Technology, and Geography 2026
Updated on : February, 07 2023
The global smart lighting market size is projected to reach USD 27.7 billion by 2026, growing at a CAGR of 20.5% during the forecast period.
It was observed that the growth rate was 16.7% from 2021 to 2022. In recent years, the market for smart lighting has experienced significant growth, primarily due to the ongoing and upcoming smart city projects in developing economies, improved acceptance of standard protocols for lighting control systems, and the introduction of new features such as data analytics and API event generation.
Indoor applications is expected to witness higher CAGR of 21.2%
These factors will drive market growth through the end of the forecast period. Moreover, the surge in the demand for IoT-enabled lighting fixtures and smart lighting solutions, and increasing use of LED lights and luminaires in outdoor lighting will drive the demand of smart lighting in the near future.
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Smart Lighting Market Segment Overview
In Installation type, the new installations segment to hold larger market size during the forecast period
New installations refer to the installation of new lighting systems comprising new-generation LED drivers and ballasts, sensors, switches, dimmers, and gateways.
Unlike retrofit installations, new installations completely replace a traditional lighting system after fully phasing out the lamp and its assorted controls and fixtures with new lamps and associated controls and fixtures. With a new installation, the whole system is changed and updated with new and latest equipment with a whole new setup. New installations are most likely to be used in new construction in commercial, industrial, and residential spaces. It can also be used in outdoor spaces where traditional lighting systems were used.
Lighting controls segment to register a higher CAGR during the forecast period
The Lighting controls segment is expected to exhibit a higher CAGR during the forecast period. Lighting controls are the base of the whole smart lighting system and are thus a major part of the smart lighting market.
The growth of the segment can be attributed to the increasing technological advancement and ever-changing controls in smart lighting solutions. Lighting controls provide advanced lighting functionalities with standard protocols and distributed control systems. These controls enable intelligence in lighting products such as LEDs and HIDs. Lighting controls consist of LED drivers and ballasts, sensors, switches, dimmers, relay units, and gateways.
ZigBee expected to dominate the smart lighting market for wireless communication technology during the forecast period
The market for ZigBee protocol is expected to grow at the highest CAGR during the forecast period.
The technology is designed to be a low power, low data rate, proximity wireless mesh network protocol, with the intention of being simpler and less expensive than other wireless network protocols. The increasing adoption of smart homes is likely to create demand for the ZigBee protocol. ZigBee is a wireless technology developed as an open global standard to address the unique needs of low-cost, low-power, wireless IoT networks.
The protocol is based on the IEEE's 802.15.4 personal-area network standard. A key component of the ZigBee protocol is the ability to support mesh networking. In a mesh network, nodes are interconnected with other nodes so that multiple pathways connect to each node. Connections between nodes are dynamically updated and optimized through a sophisticated, built-in mesh routing table. The protocol allows the deployment of wireless networks with low-cost, low-power solutions.
Europe dominated smart lighting market, globally, by value in 2020
In 2020, Europe accounted for the largest share of the smart lighting market. The growth of the European smart lighting market is also expected to be driven by the growing adoption of digital workspaces for smart, cost-efficient, and flexible working environment.
The Edge in Amsterdam is a leading example of a smart office building in Europe. Commercial buildings have been deploying PoE lighting solutions, as these solutions offer intelligent lighting controls, a comfortable work environment, and flexible control.
The significant size of the European market is attributed to the increasing awareness about energy conservation, and the implementation of various government initiatives. Huge disposable income, improved standard of living, and an increased deployment of smart lighting solutions in residential, commercial, and government sectors are the factors accelerating the growth of the smart lighting market in Europe.
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Top 5 Key Market Players in Smart Lighting Industry
- Signify (Philips Lighting) (Netherlands),
- Legrand S.A. (France),
- Acuity Brands, Inc. (US),
- Lutron Electronics (US), and
- Leviton Manufacturing Company, Inc. (US) are among the key players operating in the smart lighting market.
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Smart Lighting Market Report Scope
|
Report Metric |
Details |
|
Estimated Market Size |
USD 12.7 billion by 2022 |
|
Projected Market Size |
USD 27.7 billion by 2026 |
|
Growth Rate |
CAGR of 20.5% |
|
Historical Data Available for Years |
2017–2026 |
|
Base Year Considered |
2020 |
|
Forecast Period |
2021–2026 |
|
Forecast Units |
Value (USD Million ) |
|
Segments Covered |
|
|
Geographies Covered |
|
|
Companies Covered |
|
| Key Market Driver | Increasing use of LED lights and luminaires in outdoor lighting |
| Key Market Opportunity | Development of human-centric lighting solutions |
| Largest Growing Region | Europe |
| Largest Market Size Segment | New Installations |
| Highest CAGR Segment | Lighting Controls |
Smart Lighting Market Dynamics:
Driver: Increasing use of LED lights and luminaires in outdoor lighting
The key reasons for installing LEDs over conventional lights include energy and cost savings.
LEDs are replacing conventional light sources such as fluorescent, high-intensity discharge (HID), incandescent, and high-pressure sodium lamps in outdoor lighting applications. Outdoor lighting applications primarily include highways, roadways, public places, and stadiums. According to the US DOE, LED lighting would represent 86% of all lighting sales by 2035 due to the benefits offered by LED lights over their conventional counterparts.
Although LED light sources are energy efficient, over 30% of lighting energy consumption would be wasted if appropriate controls are not used. Lighting control systems combined with LEDs could increase the life of an LED light source, which would minimize maintenance costs, further reducing the duration of the payback period. Hence, LED lighting solutions equipped with a dynamic lighting control system would reduce the amount of lighting energy consumed. These advantages have encouraged construction enterprises associated with building highways and stadiums to deploy LED lighting systems.
Restraint: High initial costs of smart lighting equipment and accessories
Though smart lighting systems are energy-efficient lighting solutions that can save costs in the long run, the initial cost is high due to the cost of the equipment and the cost of integration and installation services.
Smart lighting systems comprise various hardware components such as dimmers, switches, sensors, control systems, and software. Hence, the installation cost of smart lighting is higher than that of conventional lighting systems. This is primarily due to the requirement for highly expensive software, control systems, and LED light sources for smart lighting solutions. This factor hampers the adoption of smart lighting control systems. However, factors such as the falling prices of LEDs and energy savings by installing energy-efficient lighting control systems are expected to minimize the impact of this restraint in the near future.
Opportunity: Development of human-centric lighting solutions
Lighting solutions have a biological and emotional impact on human beings. Human-centric lighting solutions can boost the well-being, mood, and health of individuals as they can be adjusted in terms of directions, correlated color temperatures (CCTs), and illuminance.
These lighting solutions can improve concentration, safety, and efficiency in workplaces and educational environments. In healthcare applications, human-centric lighting solutions can support healing processes, prevent chronic diseases in individuals with irregular daily routines, and improve the overall sense of well-being among patients. The increasing demand for human-centric lighting solutions has created new growth prospects for the manufacturers of smart lighting solutions.
Leading smart lighting manufacturers such as Signify (Netherlands), and Hubbell (US) are developing luminaires that support the tuning of light according to circadian rhythms and the emotional requirements of humans.
Challenge: Interoperability issues between different network components
Currently, lighting control systems are facing the biggest challenge of integrating multiple interoperable technologies under one roof.
Users have a wide range of options to choose from when it comes to lighting control; however, there are no uniform standards, so it is difficult to integrate the solutions they have. A lack of interoperability and incompatibility among components causes problems for end users. Hardware and software for traditional lighting control systems are typically manufactured by the same company, while controls for connected lighting solutions are developed by different businesses.
Lighting systems suffer from interoperability problems, resulting in communication problems between different network components. To develop compatible products, standard protocols must be established. It is being attempted by a number of organizations, including the ZigBee Alliance and the Connected Lighting Alliance, to standardize the protocols used in connected lighting technology. This would enhance the ability for luminaires to collect and share data for analytics purposes through the use of connected technology.
In smart lighting systems, ZigBee, EnOcean, Z-Wave, and Wi-Fi are the most common wireless technologies. ZigBee is one of the most widely used wireless communication protocols among system manufacturers. In order to gain a competitive advantage in the market, all manufacturers follow their own proprietary protocols and standards. Due to the intense competition in the market, common standards and communication protocols cannot be developed, thus preventing the growth of the market.
Smart Lighting Market Categorization
In this report, the smart lighting market has been segmented into the following categories:
Smart Lighting Market By Offering:
- Hardware
- Software
- Services
By Installation Type:
- New Installations
- Retrofit Installations
By End Use Application:
- Indoor
- Outdoor
By Communication Technology:
- Wired
- Wireless
Smart Lighting Market By Region:
- North America
- Europe
- APAC
- RoW
Recent Developments in Smart Lighting Industry
- In April 2021, Leviton has expanded the compatibility and functionality of its award-winning Decora Smart Wi-Fi lighting control portfolio with the launch of Decora Smart Wi-Fi 2nd Gen. The next generation of Decora Smart Wi-Fi features four new products – a 600W Dimmer, 15A Switch, Mini Plug-in Switch, and Mini-Plug-in Dimmer.
- In February 2021, Honeywell and IDEMIA announced a strategic alliance to create and cultivate an intelligent building ecosystem that provides a more seamless and enhanced experience for operators and occupants alike.
- In January 2021, Leviton announced a new line of LED Illuminated Switches, the only illuminated switches on the market that achieve optimal performance with all bulb types, including LEDs, CFLs, and incandescent. These switches also do not require a neutral wire for installation.
- In August 2020, Signify announced the expansion of its collection of smart lighting system that works with WiZ connected ecosystem in the US.
- In April 2020, Acuity Brands Lighting launched the new Slot 1 line of linear LED luminaires from Mark Architectural Lighting. SLOT 1 is a collection of sleek, small-form-factor luminaires for indoor lighting applications where there are needs for design aesthetic, quality, and tailored control of light in a single-source solution.
Frequently Asked Questions (FAQ):
How big smart lighting market?
The global smart lighting market size was valued at USD 10.9 billion in 2021 and projected to reach USD 27.7 billion by 2026, at a CAGR of 20.5% during the forecast period.
Which is the potential market for smart lighting in terms of region?
Asia Pacific (APAC) is the largest market for smart lighting. APAC, being one of the fastest-growing markets for technology and lighting solutions, provides attractive opportunities for players offering smart lighting; as a result, many companies are expanding their footprint in this region. China, India, and Japan are among the key digital hubs in APAC that occupy the maximum share of the market of the region. The booming commercial and industrial spaces would further fuel the adoption of smart lightings in APAC. Furthermore, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of the smart lighting market in the region.
Which application segment is expected to drive the growth of the market in the next 5 years?
Indoor segment among all others is expected to grow at the highest CAGR in coming years. Smart lighting offers multiple benefits and the latest technology features such as temperature and humidity check, occupancy check, video surveillance, etc. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 34)
1.1 STUDY OBJECTIVES
1.2 DEFINITION
1.2.1 GENERAL INCLUSIONS & EXCLUSIONS
1.2.2 INCLUSIONS AND EXCLUSIONS AT THE OFFERING LEVEL
1.2.3 INCLUSIONS AND EXCLUSIONS AT THE END-USE APPLICATION LEVEL
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 MARKET SEGMENTATION
1.3.2 GEOGRAPHIC ANALYSIS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 40)
2.1 RESEARCH DATA
FIGURE 2 SMART LIGHTING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key participants in primary processes across the value chain of the market
2.1.2.3 Breakdown of primary interviews
2.1.2.4 Key industry insights
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.2 MARKET SIZE ESTIMATION
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY KEY MARKET PLAYERS IN THE SMART LIGHTING MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): ILLUSTRATION OF REVENUE ESTIMATION OF KEY PLAYERS IN THE MARKET
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION OF THE MARKET, BY END-USE APPLICATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for capturing the market size through the bottom-up analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing the market size through the top-down analysis
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.3 MARKET SHARE ESTIMATION
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.5 RISK ASSESSMENT
TABLE 1 RISK FACTOR ANALYSIS
2.6 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.6.1 ASSUMPTIONS
2.6.2 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 53)
FIGURE 9 COMPARISON OF SCENARIO-BASED IMPACT OF COVID-19 ON THE SMART LIGHTING MARKET
TABLE 2 COMPARISON TABLE FOR SCENARIO-BASED IMPACT OF COVID-19 ON THE MARKET, 2017–2026 (USD MILLION)
3.1 SCENARIO ANALYSIS
3.1.1 REALISTIC SCENARIO (POST-COVID-19)
3.1.2 PESSIMISTIC SCENARIO (POST-COVID-19)
3.1.3 OPTIMISTIC SCENARIO (POST-COVID-19)
FIGURE 10 SERVICES SEGMENT TO REGISTER THE HIGHEST CAGR FROM 2021 TO 2026
FIGURE 11 LIGHT CONTROLS SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 12 INDOOR SEGMENT TO REGISTER A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 13 MARKET IN APAC TO EXHIBIT THE HIGHEST CAGR FROM 2021 TO 2026
4 PREMIUM INSIGHTS (Page No. - 59)
4.1 BRIEF OVERVIEW OF THE MARKET
FIGURE 14 GROWING ADOPTION OF SMART LIGHTING IN THE COMMERCIAL SEGMENT TO SUPPORT MARKET GROWTH
4.2 MARKET IN APAC, BY OFFERING AND COUNTRY
FIGURE 15 HARDWARE SEGMENT AND CHINA TO ACCOUNT FOR THE LARGEST SHARES OF THE MARKET IN APAC IN 2026
4.3 MARKET, BY COUNTRY
FIGURE 16 MARKET IN CHINA TO REGISTER THE HIGHEST CAGR FROM 2021 TO 2026
5 MARKET OVERVIEW (Page No. - 61)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Ongoing and upcoming smart city projects in developing economies
5.2.1.2 Improved acceptance of standard protocols for lighting control systems
5.2.1.3 Introduction of new features such as data analytics and API event generation
5.2.1.4 Rising demand for IoT-enabled lighting fixtures and smart lighting solutions
FIGURE 18 RISING DEMAND FOR SMART LIGHTING SOLUTIONS
5.2.1.5 Increasing use of LED lights and luminaires in outdoor lighting
FIGURE 19 MARKET DRIVERS: IMPACT ANALYSIS
5.2.2 RESTRAINTS
5.2.2.1 High initial costs of smart lighting equipment and accessories
TABLE 3 INDICATIVE PRICES OF SMART LIGHTING EQUIPMENT
5.2.2.2 Security and reliability issues with IoT-based lighting systems
FIGURE 20 MARKET RESTRAINTS: IMPACT ANALYSIS
5.2.3 OPPORTUNITIES
5.2.3.1 Growing smart office and smart retail trends
5.2.3.2 Geographical opportunities in APAC and RoW regions
5.2.3.3 Development of human-centric lighting solutions
5.2.3.4 Growing demand for PoE-based lighting solutions in commercial and healthcare applications
5.2.3.5 Rapid transition from traditional lighting to connected lighting solutions
FIGURE 21 MARKET OPPORTUNITIES: IMPACT ANALYSIS
5.2.4 CHALLENGES
5.2.4.1 Disruption in the smart lighting supply chain due to COVID-19
5.2.4.2 Interoperability issues between different network components
FIGURE 22 SMART LIGHTING MARKET CHALLENGES: IMPACT ANALYSIS
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS: SMART LIGHTING
5.4 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MARKET PLAYERS
FIGURE 24 REVENUE SHIFT IN THE MARKET
5.5 MARKET MAP/MARKET ECOSYSTEM
TABLE 4 MARKET: ECOSYSTEM
FIGURE 25 KEY PLAYERS IN THE MARKET
(Page No. - )
5.6 KEY TECHNOLOGY TRENDS
FIGURE 26 MARKET: LEADING TRENDS AMONG KEY MARKET PLAYERS
5.7 TECHNOLOGY ANALYSIS
5.7.1 POE LIGHTING AND WI-FI LIGHTING TECHNOLOGY
TABLE 5 COMPARISON OF POE LIGHTING AND WIRELESS LIGHTING TECHNOLOGY
5.8 PRICE TREND ANALYSIS
TABLE 6 INDICATIVE PRICES OF SMART SWITCHES, DIMMERS, AND CONTROLLERS
5.9 AVERAGE SELLING PRICE TREND
FIGURE 27 AVERAGE SELLING PRICE (ASP) TREND FOR SMART DIMMERS
5.10 CASE STUDY ANALYSIS
5.10.1 SMART LIGHTING IN OFFICES
TABLE 7 CREE LED LIGHTING AND CREE SMARTCAST TECHNOLOGY IN AVID SOLUTIONS OFFICES
5.10.2 SMART LIGHTING IN OFFICE SPACES
TABLE 8 OSRAM’S HUBSENSE EFFORTLESSLY TURNS AN EXISTING INSTALLATION INTO AN INTELLIGENT NEW LIGHT MANAGEMENT SYSTEM IN OFFICES
5.10.3 SMART LIGHTING FOR STATE-OF-THE-ART ARENA
TABLE 9 OSRAM’S DAYLIGHT-DEPENDENT CONTROL AND HUMAN-CENTRIC LIGHTING CREATED PERFECT TRAINING CONDITIONS IN AN INDOOR GYM
5.10.4 SMART LIGHTING FOR A LEARNING ENVIRONMENT
TABLE 10 SMART AND PERSONALIZED LEARNING ENVIRONMENT WITH PHILIPS CONNECTED LIGHTING
5.11 PATENT ANALYSIS
5.11.1 DOCUMENT TYPE
TABLE 11 PATENTS FILED
FIGURE 28 PATENTS FILED FROM 2011 TO 2020
5.11.2 PUBLICATION TREND
FIGURE 29 NO. OF PATENTS FILED EACH YEAR FROM 2011 TO 2020
5.11.3 JURISDICTION ANALYSIS
FIGURE 30 JURISDICTION ANALYSIS
5.11.4 TOP PATENT OWNERS
FIGURE 31 TOP 10 COMPANIES IN TERMS OF PATENT APPLICATIONS FROM 2011 TO 2020
TABLE 12 TOP 20 PATENT OWNERS IN THE LAST 10 YEARS
5.12 TRADE ANALYSIS
FIGURE 32 COUNTRY-WISE EXPORT DATA FOR PRODUCTS CLASSIFIED UNDER HS CODE: 9405, 2016–2020
TABLE 13 EXPORT SCENARIO FOR HS CODE: 9405-COMPLIANT PRODUCTS, BY COUNTRY, 2016–2020 (USD THOUSAND)
FIGURE 33 COUNTRY-WISE IMPORT DATA FOR PRODUCTS CLASSIFIED UNDER bottom-up analysis HS CODE: 9405, 2016–2020
TABLE 14 IMPORT SCENARIO FOR HS CODE: 9405-COMPLIANT PRODUCTS, BY COUNTRY, 2016–2020 (USD THOUSAND)
5.13 PORTER’S FIVE FORCES ANALYSIS
FIGURE 34 PORTER’S FIVE FORCES ANALYSIS
TABLE 15 PORTER’S FIVE FORCES ANALYSIS WITH THEIR IMPACT
5.13.1 THREAT OF NEW ENTRANTS
FIGURE 35 THREAT OF NEW ENTRANTS
5.13.2 THREAT OF SUBSTITUTES
FIGURE 36 THREAT OF SUBSTITUTES
5.13.3 BARGAINING POWER OF SUPPLIERS
FIGURE 37 BARGAINING POWER OF SUPPLIERS
5.13.4 BARGAINING POWER OF BUYERS
FIGURE 38 BARGAINING POWER OF BUYERS
5.13.5 DEGREE OF COMPETITIVE RIVALRY
FIGURE 39 COMPETITIVE RIVALRY
5.14 REGULATORY LANDSCAPE
TABLE 16 REGULATIONS: LIGHTING ECOSYSTEM
6 SMART LIGHTING MARKET, BY INSTALLATION TYPE (Page No. - 93)
6.1 INTRODUCTION
FIGURE 40 MARKET, BY INSTALLATION TYPE
FIGURE 41 NEW INSTALLATIONS TO HOLD A LARGER MARKET SIZE DURING THE FORECAST PERIOD
TABLE 17 MARKET, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
TABLE 18 MARKET, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
6.2 NEW INSTALLATIONS
6.2.1 NEW INSTALLATIONS EXPECTED TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
TABLE 19 MARKET FOR NEW INSTALLATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 20 MARKET FOR NEW INSTALLATIONS, BY REGION, 2021–2026 (USD MILLION)
6.3 RETROFIT INSTALLATIONS
6.3.1 RETROFIT MARKET TO WITNESS THE FASTEST GROWTH IN APAC DURING THE FORECAST PERIOD
TABLE 21 MARKET FOR RETROFIT INSTALLATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 22 MARKET FOR RETROFIT INSTALLATIONS, BY REGION, 2021–2026 (USD MILLION)
7 SMART LIGHTING MARKET, BY OFFERING (Page No. - 98)
7.1 INTRODUCTION
FIGURE 42 MARKET SEGMENTATION, BY OFFERING
FIGURE 43 SERVICES SEGMENT TO ACCOUNT FOR THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 23 MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 24 MARKET, BY OFFERING, 2021–2026 (USD MILLION)
7.2 HARDWARE
7.2.1 LIGHTS & LUMINAIRES TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD
TABLE 25 MARKET FOR HARDWARE, BY REGION, 2017–2020 (USD MILLION)
TABLE 26 MARKET FOR HARDWARE, BY REGION, 2021–2026 (USD MILLION)
TABLE 27 NORTH AMERICA: MARKET FOR HARDWARE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 28 NORTH AMERICA: SMART LIGHTING FOR HARDWARE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 29 EUROPE: SMART LIGHTING FOR HARDWARE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 30 EUROPE: SMART LIGHTING FOR HARDWARE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 31 APAC: MARKET FOR HARDWARE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 32 APAC: SMART LIGHTING FOR HARDWARE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 33 ROW: SMART LIGHTING FOR HARDWARE, BY REGION, 2017–2020 (USD MILLION)
TABLE 34 ROW: SMART LIGHTING FOR HARDWARE, BY REGION, 2021–2026 (USD MILLION)
FIGURE 44 LIGHTS & LUMINAIRES SEGMENT TO ACCOUNT FOR A LARGER SHARE DURING THE FORECAST PERIOD
TABLE 35 MARKET, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 36 MARKET, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 37 MARKET, BY HARDWARE, 2017–2020 (THOUSAND UNITS)
TABLE 38 MARKET, BY HARDWARE, 2021–2026 (THOUSAND UNITS)
7.2.2 LIGHTS AND LUMINAIRES
7.2.2.1 Lights & luminaires are some of the most important components of smart lighting solutions
7.2.2.2 Smart Bulbs
7.2.2.3 Fixtures
7.2.3 LIGHTING CONTROLS
7.2.3.1 Lighting controls are expected to grow at a higher rate during the forecast period
TABLE 39 MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2017–2020 (USD MILLION)
TABLE 40 MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2021–2026 (USD MILLION)
7.2.3.2 LED Drivers and Ballasts
7.2.3.3 Sensors
7.2.3.4 Switches
7.2.3.5 Dimmers
7.2.3.5.1 Wired dimmers
7.2.3.5.2 Wireless dimmers
7.2.3.6 Relay units
7.2.3.7 Gateways
7.3 SOFTWARE
7.3.1 APAC IS EXPECTED TO RECORD THE HIGHEST CAGR DURING THE FORECAST PERIOD
TABLE 41 MARKET FOR SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
TABLE 42 MARKET FOR SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
TABLE 43 NORTH AMERICA: SMART LIGHTING FOR SOFTWARE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 44 NORTH AMERICA: SMART LIGHTING FOR SOFTWARE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 45 EUROPE: SMART LIGHTING FOR SOFTWARE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 46 EUROPE: SMART LIGHTING FOR SOFTWARE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 47 APAC: SMART LIGHTING MARKET FOR SOFTWARE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 48 APAC: SMART LIGHTING FOR SOFTWARE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 49 ROW: SMART LIGHTING FOR SOFTWARE, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 ROW: SMART LIGHTING FOR SOFTWARE, BY REGION, 2021–2026 (USD MILLION)
7.3.1.1 Local/Web-based software
7.3.1.2 Cloud-based software
7.4 SERVICES
7.4.1 POST-INSTALLATION SERVICES MARKET TO EXHIBIT HIGH GROWTH DURING THE FORECAST PERIOD
TABLE 51 MARKET FOR SERVICES, BY REGION, 2017–2020 (USD MILLION)
TABLE 52 MARKET FOR SERVICES, BY REGION, 2021–2026 (USD MILLION)
TABLE 53 NORTH AMERICA: SMART LIGHTING FOR SERVICES, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 54 NORTH AMERICA: SMART LIGHTING FOR SERVICES, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 55 EUROPE: SMART LIGHTING FOR SERVICES, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 56 EUROPE: SMART LIGHTING FOR SERVICES, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 57 APAC: SMART LIGHTING FOR SERVICES, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 58 APAC: SMART LIGHTING FOR SERVICES, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 59 ROW: MARKET FOR SERVICES, BY REGION, 2017–2020 (USD MILLION)
TABLE 60 ROW: SMART LIGHTING FOR SERVICES, BY REGION, 2021–2026 (USD MILLION)
TABLE 61 MARKET FOR SERVICES, BY SERVICE TYPE, 2017–2020 (USD MILLION)
TABLE 62 MARKET FOR SERVICES, BY SERVICE TYPE, 2021–2026 (USD MILLION)
7.4.1.1 Pre-installation services
7.4.1.2 Post-installation services
8 SMART LIGHTING MARKET, BY END-USE APPLICATION (Page No. - 119)
8.1 INTRODUCTION
FIGURE 45 MARKET SEGMENTATION, BY END-USE APPLICATION
FIGURE 46 INDOOR APPLICATION TO HOLD A LARGER MARKET SHARE IN 2026
TABLE 63 MARKET, BY END-USE APPLICATION, 2017–2020 (USD MILLION)
TABLE 64 MARKET, BY END-USE APPLICATION, 2021–2026 (USD MILLION)
8.2 INDOOR
8.2.1 RESIDENTIAL APPLICATION TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 121
FIGURE 47 COMMERCIAL INDOOR APPLICATION TO HOLD THE LARGEST SHARE OF THE MARKET DURING THE FORECAST PERIOD 121
TABLE 65 INDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 66 INDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 67 INDOOR SMART LIGHTING, BY REGION, 2017–2020 (USD MILLION)
TABLE 68 INDOOR SMART LIGHTING, BY REGION, 2021–2026 (USD MILLION)
8.2.2 COMMERCIAL
8.2.2.1 Retail
8.2.2.2 Hospitality
8.2.2.3 Office Lighting
8.2.3 INDUSTRIAL
8.2.4 RESIDENTIAL
8.2.5 OTHERS
8.3 OUTDOOR
8.3.1 HIGHWAYS & ROADWAYS TO ACCOUNT FOR A MAJOR SHARE OF THE OUTDOOR SMART LIGHTING MARKET DURING THE FORECAST PERIOD
FIGURE 48 HIGHWAYS & ROADWAYS LIGHTING TO HOLD THE LARGEST SHARE OF THE OUTDOOR SMART LIGHTING DURING THE FORECAST PERIOD 127
TABLE 69 OUTDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 70 OUTDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 71 OUTDOOR SMART LIGHTING, BY REGION, 2017–2020 (USD MILLION)
TABLE 72 OUTDOOR SMART LIGHTING, BY REGION, 2021–2026 (USD MILLION)
8.3.2 HIGHWAYS & ROADWAYS LIGHTING
8.3.2.1 Architectural lighting
8.3.2.2 Lighting for public places
9 SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY (Page No. - 130)
9.1 INTRODUCTION
FIGURE 49 MARKET SEGMENTATION, BY COMMUNICATION TECHNOLOGY
FIGURE 50 WIRED COMMUNICATION TECHNOLOGY TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
TABLE 73 MARKET, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 74 MARKET, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION)
9.2 WIRED
9.2.1 POE PROTOCOL TO EXHIBIT THE FASTEST GROWTH IN THE MARKET FOR WIRED COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD
FIGURE 51 DALI PROTOCOL TO HOLD THE LARGEST SHARE OF THE MARKET FOR WIRED COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD
TABLE 75 MARKET FOR COMMUNICATION TECHNOLOGY, BY TYPE, 2017–2020 (USD MILLION)
TABLE 76 MARKET FOR COMMUNICATION TECHNOLOGY, BY TYPE, 2021–2026 (USD MILLION)
TABLE 77 WIRED SMART LIGHTING FOR COMMUNICATION TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 78 WIRED SMART LIGHTING FOR COMMUNICATION TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
9.2.2 DALI
9.2.3 POWER OVER ETHERNET (POE)
FIGURE 52 TIMELINE OF POE-RELATED IEEE STANDARDS
TABLE 79 OVERVIEW OF POE PROTOCOLS
9.2.4 POWER LINE COMMUNICATIONS (PLC)
9.2.5 WIRED HYBRID PROTOCOLS
9.3 WIRELESS
9.3.1 ZIGBEE EXPECTED TO DOMINATE THE MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD
FIGURE 53 ZIGBEE PROTOCOL TO HOLD THE LARGEST SHARE OF THE MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY DURING THE FORECAST PERIOD
TABLE 80 WIRELESS SMART LIGHTING FOR COMMUNICATION TECHNOLOGY, BY TYPE, 2017–2020 (USD MILLION)
TABLE 81 WIRELESS SMART LIGHTING FOR COMMUNICATION TECHNOLOGY, BY TYPE, 2021–2026 (USD MILLION)
TABLE 82 WIRELESS SMART LIGHTING FOR COMMUNICATION TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION)
TABLE 83 WIRELESS SMART LIGHTING FOR COMMUNICATION TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION)
9.3.2 ZIGBEE
9.3.3 WI-FI
9.3.4 BLE
9.3.5 ENOCEAN
9.3.6 6LOWPAN
9.3.7 WIRELESS HYBRID PROTOCOLS
10 SMART LIGHTING MARKET, BY GEOGRAPHIC ANALYSIS (Page No. - 143)
10.1 INTRODUCTION
FIGURE 54 MARKET SEGMENTATION, BY GEOGRAPHY
FIGURE 55 MARKET IN APAC TO GROW AT THE HIGHEST CAGR
FROM 2021 TO 2026 144
TABLE 84 MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 85 MARKET, BY REGION, 2021–2026 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 56 MARKET IN NORTH AMERICA
FIGURE 57 MARKET SNAPSHOT: NORTH AMERICA
TABLE 86 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 87 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 88 NORTH AMERICA: MARKET, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
TABLE 89 NORTH AMERICA: MARKET, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
TABLE 90 NORTH AMERICA: MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 91 NORTH AMERICA: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 92 NORTH AMERICA: MARKET, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 93 NORTH AMERICA: MARKET, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 94 NORTH AMERICA: MARKET, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 95 NORTH AMERICA: MARKET, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 96 NORTH AMERICA: MARKET, BY END-USE APPLICATION, 2017–2020 (USD MILLION)
TABLE 97 NORTH AMERICA: MARKET, BY END-USE APPLICATION, 2021–2026 (USD MILLION)
TABLE 98 NORTH AMERICA: INDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 99 NORTH AMERICA: INDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 100 NORTH AMERICA: OUTDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 101 NORTH AMERICA: OUTDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
10.2.1 US
10.2.1.1 US accounted for the largest market share in North America
TABLE 102 US: SMART LIGHTING MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 103 US: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
10.2.2 CANADA
10.2.2.1 Rising technological awareness about applications and benefits offered by smart lighting to drive growth
TABLE 104 CANADA: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 105 CANADA: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.2.3 MEXICO
10.2.3.1 Emerging technologies to boost the demand for smart lighting
TABLE 106 MEXICO: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 107 MEXICO: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.3 EUROPE
FIGURE 58 MARKET IN EUROPE
FIGURE 59 MARKET SNAPSHOT: EUROPE
TABLE 108 EUROPE: SMART LIGHTING, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 109 EUROPE: SMART LIGHTING, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 110 EUROPE: SMART LIGHTING, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
TABLE 111 EUROPE: SMART LIGHTING, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
TABLE 112 EUROPE: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 113 EUROPE: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 114 EUROPE: SMART LIGHTING, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 115 EUROPE: SMART LIGHTING, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 116 EUROPE: SMART LIGHTING, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 117 EUROPE: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 118 EUROPE: SMART LIGHTING, BY END-USE APPLICATION, 2017–2020 (USD MILLION)
TABLE 119 EUROPE: SMART LIGHTING, BY END-USE APPLICATION, 2021–2026 (USD MILLION)
TABLE 120 EUROPE: INDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 121 EUROPE: INDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 122 EUROPE: OUTDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 123 EUROPE: OUTDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Germany dominates the European smart lighting market
TABLE 124 GERMANY: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 125 GERMANY: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.3.2 FRANCE
10.3.2.1 Hardware segment of the market to hold a major share in France during the forecast period
TABLE 126 FRANCE: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 127 FRANCE: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.3.3 UK
10.3.3.1 Increased demand for green energy lighting solutions to drive the market
TABLE 128 UK: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 129 UK: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.3.4 ITALY
10.3.4.1 Services segment to grow at the highest rate during the forecast period 164
TABLE 130 ITALY: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 131 ITALY: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.3.5 SPAIN
10.3.5.1 Government regulations for reducing emissions drive the adoption of smart lighting systems in Spain
TABLE 132 SPAIN: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 133 SPAIN: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.3.6 REST OF EUROPE
TABLE 134 REST OF EUROPE: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 135 REST OF EUROPE: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.4 APAC
FIGURE 60 SMART LIGHTING MARKET IN APAC
FIGURE 61 MARKET SNAPSHOT: APAC
TABLE 136 APAC: SMART LIGHTING, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 137 APAC: MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 138 APAC: MARKET, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
TABLE 139 APAC: MARKET, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
TABLE 140 APAC: MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 141 APAC: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 142 APAC: MARKET, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 143 APAC: MARKET, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 144 APAC: MARKET, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 145 APAC: SMART LIGHTING, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 146 APAC: SMART LIGHTING, BY END-USE APPLICATION, 2017–2020 (USD MILLION)
TABLE 147 APAC: SMART LIGHTING, BY END-USE APPLICATION, 2021–2026 (USD MILLION)
TABLE 148 APAC: INDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 149 APAC: INDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 150 APAC: OUTDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 151 APAC: OUTDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
10.4.1 CHINA
10.4.1.1 China held the largest share of the market in APAC in 2020
TABLE 152 CHINA: MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 153 CHINA: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
10.4.2 JAPAN
10.4.2.1 Japan’s top-notch infrastructural setup to boost the market growth
TABLE 154 JAPAN: MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 155 JAPAN: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
10.4.3 INDIA
10.4.3.1 Government initiatives to boost the market growth
TABLE 156 INDIA: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 157 INDIA: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
10.4.4 AUSTRALIA
10.4.4.1 Hardware market in Australia to dominate the market during the forecast period
TABLE 158 AUSTRALIA: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 159 AUSTRALIA: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.4.5 REST OF APAC
TABLE 160 REST OF APAC: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 161 REST OF APAC: SMART LIGHTING, BY OFFERING, 2021–2026 (USD MILLION)
10.5 ROW
FIGURE 62 SMART LIGHTING MARKET IN ROW
FIGURE 63 SNAPSHOT: MARKET IN ROW
TABLE 162 ROW: MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 163 ROW: MARKET, BY REGION, 2021–2026 (USD MILLION)
TABLE 164 ROW: MARKET, BY INSTALLATION TYPE, 2017–2020 (USD MILLION)
TABLE 165 ROW: MARKET, BY INSTALLATION TYPE, 2021–2026 (USD MILLION)
TABLE 166 ROW: MARKET, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 167 ROW: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 168 ROW: MARKET, BY HARDWARE, 2017–2020 (USD MILLION)
TABLE 169 ROW: MARKET, BY HARDWARE, 2021–2026 (USD MILLION)
TABLE 170 ROW: MARKET, BY COMMUNICATION TECHNOLOGY, 2017–2020 (USD MILLION)
TABLE 171 ROW: MARKET, BY COMMUNICATION TECHNOLOGY, 2021–2026 (USD MILLION)
TABLE 172 ROW: MARKET, BY END-USE APPLICATION, 2017–2020 (USD MILLION)
TABLE 173 ROW: MARKET, BY END-USE APPLICATION, 2021–2026 (USD MILLION)
TABLE 174 ROW: INDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 175 ROW: INDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 176 ROW: OUTDOOR SMART LIGHTING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 177 ROW: OUTDOOR SMART LIGHTING, BY APPLICATION, 2021–2026 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Increasing focus of municipalities and utilities on energy efficiency and cost-saving systems to drive the market
TABLE 178 SOUTH AMERICA: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 179 SOUTH AMERICA: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Middle East & Africa to witness high adoption of smart lighting
TABLE 180 MIDDLE EAST & AFRICA: SMART LIGHTING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 181 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2021–2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 184)
11.1 OVERVIEW
FIGURE 64 KEY DEVELOPMENTS UNDERTAKEN BY LEADING PLAYERS IN THE SMART LIGHTING MARKET FROM 2018 TO 2021
11.2 MARKET SHARE AND RANKING ANALYSIS
FIGURE 65 MARKET: MARKET SHARE ANALYSIS
TABLE 182 MARKET: DEGREE OF COMPETITION
TABLE 183 MARKET RANKING ANALYSIS
11.3 FIVE-YEAR COMPANY REVENUE ANALYSIS
FIGURE 66 REVENUE ANALYSIS FOR KEY COMPANIES IN THE PAST FIVE YEARS
11.4 COMPANY EVALUATION QUADRANT, 2020
FIGURE 67 MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2020
11.4.1 STAR
11.4.2 PERVASIVE
11.4.3 EMERGING LEADER
11.4.4 PARTICIPANT
11.5 COMPETITIVE BENCHMARKING
TABLE 184 APPLICATION FOOTPRINT (25 COMPANIES)
TABLE 185 REGIONAL FOOTPRINT (25 COMPANIES)
11.6 STARTUP/SME EVALUATION MATRIX, 2020
FIGURE 68 SMART LIGHTING (GLOBAL): STARTUP/SME EVALUATION MATRIX, 2020
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
11.7 COMPETITIVE SCENARIO AND TRENDS
11.7.1 PRODUCT LAUNCHES
TABLE 186 SMART LIGHTING: NEW PRODUCT LAUNCHES, BY COMPANY, JANUARY 2019- APRIL 2021
11.7.2 DEALS
TABLE 187 SMART LIGHTING: DEALS, BY COMPANY, JANUARY 2019-APRIL 2021
12 COMPANY PROFILES (Page No. - 207)
12.1 INTRODUCTION
12.2 KEY PLAYERS
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
12.2.1 SIGNIFY (PHILIPS LIGHTING)
TABLE 188 SIGNIFY N.V.: BUSINESS OVERVIEW
FIGURE 69 SIGNIFY N.V.: COMPANY SNAPSHOT
12.2.2 LEGRAND S.A.
TABLE 189 LEGRAND: BUSINESS OVERVIEW
FIGURE 70 LEGRAND: COMPANY SNAPSHOT
12.2.3 ACUITY BRANDS INC.
TABLE 190 ACUITY BRANDS INC.: BUSINESS OVERVIEW
FIGURE 71 ACUITY BRANDS INC.: COMPANY SNAPSHOT
12.2.4 OSRAM LICHT AG
TABLE 191 OSRAM LICHT AG: BUSINESS OVERVIEW
FIGURE 72 OSRAM LICHT AG: COMPANY SNAPSHOT
12.2.5 HUBBELL INCORPORATED
TABLE 192 HUBBELL INCORPORATED: BUSINESS OVERVIEW
FIGURE 73 HUBBELL INCORPORATED: COMPANY SNAPSHOT
12.2.6 LEVITON MANUFACTURING COMPANY, INC.
TABLE 193 LEVITON MANUFACTURING COMPANY, INC.: BUSINESS OVERVIEW
12.2.7 LUTRON ELECTRONICS CO. INC.
TABLE 194 LUTRON ELECTRONICS CO. INC.: BUSINESS OVERVIEW
12.2.8 HONEYWELL INTERNATIONAL INC.
TABLE 195 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW
FIGURE 74 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
12.2.9 ZUMTOBEL GROUP AG
TABLE 196 ZUMTOBEL GROUP AG.: BUSINESS OVERVIEW
FIGURE 75 ZUMTOBEL GROUP AG: COMPANY SNAPSHOT
12.2.10 IDEAL INDUSTRIES (CREE)
TABLE 197 IDEAL INDUSTRIES (CREE): BUSINESS OVERVIEW
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
12.3 OTHER KEY PLAYERS
12.3.1 GE CURRENT
12.3.2 SAVANT SYSTEMS INC. (GE LIGHTING)
12.3.3 IKEA SYSTEMS BV
12.3.4 DIALIGHT PLC
12.3.5 SCHNEIDER ELECTRIC SE
12.3.6 ABB
12.3.7 LIGHTWAVERF PLC
12.3.8 RAB LIGHTING INC.
12.3.9 SYNAPSE WIRELESS, INC. (MCWANE, INC.)
12.3.10 PANASONIC GROUP
12.3.11 ADESTO TECHNOLOGIES (ECHELON CORPORATION)
12.3.12 LG ELECTRONICS INC.
12.3.13 WIPRO ENTERPRISES (P) LIMITED
12.3.14 SYSKA LED
12.3.15 ENLIGHTED INC. (A SIEMENS COMPANY)
12.3.16 HELVAR
13 APPENDIX (Page No. - 280)
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 QUESTIONNAIRE FOR THE SMART LIGHTING MARKET
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 AVAILABLE CUSTOMIZATIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
How intelligent lighting and smart bulb is going to impact the Smart Lighting Market?
Intelligent lighting and smart bulbs are expected to have a significant impact on the smart lighting market in several ways:
Increased Energy Efficiency: Smart bulbs and intelligent lighting systems are designed to use less energy and can be controlled remotely. This can result in significant energy savings in residential and commercial buildings, which can help reduce costs and lower carbon emissions.
Improved User Experience: Smart bulbs and intelligent lighting systems can be controlled using mobile apps, voice assistants, and other smart home devices. This provides users with greater control over their lighting environment, enabling them to adjust the brightness, color temperature, and other settings to suit their preferences.
Greater Convenience and Automation: Smart bulbs and intelligent lighting systems can be programmed to turn on and off at specific times, or to respond to specific events, such as motion or sound. This can help automate lighting in residential and commercial buildings, providing greater convenience and energy efficiency.
Integration with Other Smart Home Devices: Smart bulbs and intelligent lighting systems can be integrated with other smart home devices, such as smart thermostats, security cameras, and voice assistants. This can enable users to control their entire smart home environment through a single interface, providing greater convenience and automation.
Emerging Applications in Healthcare and Horticulture: Smart lighting is also being explored for applications in healthcare and horticulture. In healthcare, smart lighting can be used to regulate sleep-wake cycles and circadian rhythms, while in horticulture, it can be used to optimize plant growth and reduce energy consumption in indoor farming environments.
Some futuristic growth use-cases of intelligent lighting ?
Personalized Lighting: With the advent of intelligent lighting systems, it is possible to create personalized lighting solutions that can be tailored to individual preferences. These systems can be programmed to adjust the color temperature and brightness levels of the lighting to suit the user's mood or activity.
Gesture Control: Advances in machine vision and gesture recognition technology could enable users to control their lighting simply by gesturing in front of a camera. This would provide a touch-free way to adjust lighting levels and settings, reducing the need for physical controls.
Location-Based Lighting: Intelligent lighting systems could be integrated with indoor positioning technology to provide location-based lighting solutions. This could include lighting up specific areas of a room based on where people are standing or providing wayfinding assistance in large public spaces.
Energy Harvesting: Intelligent lighting systems could be designed to harvest energy from the environment, such as from solar panels or kinetic energy from foot traffic. This could help reduce reliance on external power sources and make lighting more sustainable.
Mood Enhancement: Advances in biometric sensing technology could enable intelligent lighting systems to monitor users' physiological responses and adjust the lighting to enhance their mood or cognitive function. For example, lighting could be adjusted to help users stay alert during long work sessions or to promote relaxation and sleep.
Market Scope of Smart Bulb Market
The market scope of the smart bulb market includes a wide range of products, services, and applications related to intelligent lighting solutions. This includes:
Smart Bulbs: Smart bulbs are a key product in the smart bulb market, with a variety of options available from different manufacturers. These bulbs are designed to be controlled remotely using a smartphone app, voice assistant, or other smart home device, enabling users to adjust the brightness, color temperature, and other settings.
Smart Lighting Systems: In addition to smart bulbs, the smart bulb market also includes smart lighting systems that can be used to control multiple bulbs and other lighting fixtures in a single room or throughout an entire building. These systems can be programmed to turn lights on and off at specific times or in response to specific events, such as motion or sound.
Applications in Residential and Commercial Buildings: Smart bulbs and smart lighting systems are used in a range of residential and commercial applications, including homes, offices, hotels, and retail stores. They are used to improve energy efficiency, enhance the user experience, and provide greater convenience and automation.
Integration with Other Smart Home Devices: Smart bulbs and smart lighting systems can be integrated with other smart home devices, such as smart thermostats, security cameras, and voice assistants. This enables users to control their entire smart home environment through a single interface.
Emerging Applications in Healthcare and Horticulture: Smart lighting is also being explored for applications in healthcare and horticulture. In healthcare, smart lighting can be used to regulate sleep-wake cycles and circadian rhythms, while in horticulture, it can be used to optimize plant growth and reduce energy consumption in indoor farming environments.
Top Companies in intelligent lighting market:
Philips Lighting: Philips Lighting is one of the leading companies in the intelligent lighting market. The company offers a range of smart lighting solutions for homes, offices, and public spaces, including the popular Hue smart bulbs.
Osram: Osram is another major player in the intelligent lighting market, offering a range of products and solutions for smart homes, buildings, and cities. The company's portfolio includes smart lighting systems, sensors, and controls.
Acuity Brands: Acuity Brands is a US-based company that offers a range of smart lighting solutions for commercial, industrial, and residential applications. The company's portfolio includes smart lighting systems, sensors, and controls, as well as integrated building management systems.
Cree: Cree is a US-based company that specializes in LED lighting and semiconductor solutions. The company offers a range of smart lighting products for residential and commercial applications, including smart bulbs, fixtures, and controls.
Signify: Signify, formerly known as Philips Lighting, is a global leader in lighting solutions, offering a range of smart lighting products and systems for homes, offices, and public spaces. The company's portfolio includes smart bulbs, fixtures, sensors, and controls.
Lutron Electronics: Lutron Electronics is a US-based company that specializes in lighting controls and automation systems for residential and commercial applications. The company's portfolio includes smart lighting controls, motorized shades, and temperature controls.
General Electric: General Electric (GE) is a US-based multinational conglomerate that offers a range of smart lighting products and systems for homes, offices, and public spaces. The company's portfolio includes smart bulbs, fixtures, and controls, as well as integrated building management systems.
Growth opportunities and latent adjacency in Smart Lighting Market
I am very much interested in understanding market revenue and forecast in terms of $ and #units for smart lighting broken down by segments (commercial, industrial, outdoor, residential), and by lighting technology (LED, CFL, HID, etc). Is this information available as a part of this report?
I am developing a wireless smart lighting switch for home usage and want to sell it around the world out of china. I would like to know where in the world could that kind of products be best sold to, the market size right now, and the possible prospect, especially for Europe. It’s not in a hurry, no strict timeline, It’s a new tech of controlling any light anywhere using any device connected to the lighting device wirelessly. It’s not decided for the exact market budget including information taking. Only after the product had been developed successfully.
I'm wireless controller manufacturersand hence, looking specifically into wirelessly connected light bulbs. Do you have any information about this? Also, is the report contain market share analysis of varoius lighting controls manufacturers by region?
I am currently a student at the University of Texas. I am researching the smart lighting industry. My group and I have to do a presentation on the market and how it will be affected with in the near future. I feel this article would be very helpful and would like to read it for some more specific details. I am specifically looking forward the market projections for US by region/states for smart lighitng space. Could you share such infomration? If yes, at what cost?
My company is the distributors of smart lighting product lines. I am researching about smart lighting market. I am specifically looking for market information about Southeast Asia and Africa Markets. Is your study include detailed information for these 2 regions? If it is not readily available how much time will you need for this?
I’m a researcher and analysing smart lightning market in Sweden, Russia and Denmark, compare the demands in them. I am also looking for the market drivers and barrieers within these countries. I feel that your report will be the greatest source of information for me to prepare! Does your report has information about these countries? at what price?