Smart Lighting Market by Offering (Hardware, Software and Services), Installation Type (New Installations and Retrofit Installations), End Use Application, Communication Technology, and Geography (2021-2026)
The smart lighting market is projected to reach USD 27.7 billion by 2026 from USD 10.9 billion in 2021; it is expected to grow at a CAGR of 20.5% from 2021 to 2026.
The most significant factor driving the growth of this market is the requirement of energy-efficient connected lighting controls and ongoing and upcoming smart city projects in developing economies. This requirement is attributed to the increased awareness toward reducing energy consumption. The advent of integrated lighting control systems, upcoming smart city projects in developing economies, increasing adoption and decreasing cost of LEDs, integration of lighting solutions with smart devices, and growing awareness about energy savings among consumers and governments worldwide are the major factors contributing to the growth of the market. On the other hand, factors such as the high initial cost of deployment, and security and reliability issues of smart with IoT-based lighting systems are restraining the growth of the smart lighting market. Growing smart office and smart retail trends, geographical opportunities in APAC and RoW regions, development of human-centric lighting solutions, growing demand for PoE-based lighting solutions in commercial and healthcare applications, the rapid transition from traditional lighting to connected lighting, and the growing inclination toward energy-efficient lighting solutions are the major opportunities for the market.
The market in APAC is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the rapid infrastructure building activities being undertaken in APAC, mainly in China, where smart lighting paves the way for the modernization of infrastructure. The modernization and development of infrastructure such as smart cities across the region would also drive the demand for smart streetlights, thereby driving the market for smart lighting in this region. Europe is projected to hold the largest market share of market during the forecast period. The market in Germany is expected to dominate the European smart lighting market during the forecast period. It held the largest share in 2020, mainly due to its robust economy, high standard of living of its citizens, and its commitment to reduce its carbon footprint. The adoption of Industry 4.0 is expected to further boost the market for smart lighting for indoor end-use applications in the country. The increasing innovations and the presence of companies such as Osram Licht AG in the region also boost the market in Germany.
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Market Dynamics:
Driver: Improved acceptance of standard protocols for lighting control systems
A standard protocol defines the methods for data representation, signaling, authentication, and error detection to ensure control or enable the connection, communication, and data transfer between computing or control endpoints. Digital protocols may be either one-way or two-way. Two-way (bidirectional) protocols allow luminaires or devices to exchange data for effective communication. At present, ZigBee and DALI are the predominantly installed protocols in lighting solutions. The adoption of standard protocols such as KNX and DALI for controlling applications has improved the operational efficiency of lighting systems.
New-generation standard protocols are formed after converging them with previous generation standards such as the European Home Systems Protocol (EHS), BatiBUS, and the European Installation Bus (EIB or Instabus). With standard protocols, lighting systems can coordinate with each other and enable connectivity with other automation systems. Standard protocols facilitate better compatibility among devices, and the simplification of the entire installation process, thereby making smart lighting installation even more convenient. Existing standards aim at making components compatible with control systems to enable the integration of these components into smart lighting systems. Moreover, setting standard protocols helps reduce installation costs.
Restraint: Security and reliability issues with IoT-based lighting systems
In connected lighting, wireless networks are used to connect various network components included in the lighting control system. Connected lights are a sophisticated array of LED fixtures with built-in sensors and cameras connected to a wireless network. All the data and information are stored on the cloud so that they can be accessed from anywhere. Usually, connected or smart lighting products are connected through the Internet, which can be exploited by hackers. This may have severe consequences. For example, a hacker can gain remote access to a wireless network and manipulate smart lighting control systems, door unlocking systems, security camera systems, etc. Similarly, someone hacking a home’s smart systems would gain access to controlling the home, thereby unlocking doors, monitoring cameras, and turning the cameras off. It is also possible for an intruder to remotely shut off the lights in locations such as hospitals and other public venues, thereby resulting in serious consequences. Thus, security and privacy are the main areas of concern for smart lighting systems.
In wireless lighting solutions, communication between two devices becomes less reliable as the number of obstacles and the distance between the source and destination devices increases. These issues affect the throughput, i.e., the volume of data transmitted from one device to another. In a connected lighting network, each connected luminaire communicates with the nearest connected luminaire to create a mesh nodal network. In such cases, the data transfer rate is not affected much; however, when a large number of wireless sensors is deployed in a connected lighting system, there would be an increase in the data loss owing to the obstacles and interference caused by several unlicensed signals that may interfere with wireless communication.
Opportunity: Geographical opportunities in APAC and RoW regions
APAC is expected to be the fastest-growing market for smart lighting. The smart lighting market has enormous growth potential in this region, as connected lighting systems are rapidly being adopted in different applications. Lighting manufacturers based in China are giving fierce competition to companies based in North America and Europe. Chinese cities are offering a perfect mix of cheap land, good infrastructure, and abundant workforce to attract investments in industrial development. China’s New-Style Urbanization Plan is promoting a greener and more environment-friendly society. This will further increase the adoption of smart lighting within the country.
Improved IEEE standards are expected to further boost the market in the future. The demand for smart lighting systems for commercial applications is driven by emerging APAC countries such as China, India, and Japan. In April 2021, the US and India are launching the ‘US-India Climate and Clean Energy Agenda 2030 Partnership,’ which will focus on driving urgent progress in this critical decade for climate action. Both the US and India have set ambitious 2030 targets for climate action and clean energy. This will create an opportunity for the smart lighting market in India. There are other huge untapped markets in APAC that can prove to be beneficial for the market.
The smart lighting market is currently exhibiting strong growth in the UAE, Israel, and Qatar, all of which have been seeing consistent growth in the infrastructure and real estate sectors. The UAE has also installed smart lighting systems in large stretches of city streets and has upgraded lighting equipment in shopping centers, retail establishments, and other commercial projects. Ongoing developments in commercial and industrial activities in the Middle Eastern countries are expected to significantly drive the market in the region. Recently, the Hamdan Bin Mohammed Smart University (HMBSU) in Dubai used Signify (Philips) connected lighting technology to make the learning environment more engaging, adaptive, and immersive.
Challenge: Interoperability issues between different network components
At present, the biggest concern in the lighting control system market is the availability of solutions with multiple interoperable technologies under the same roof. End users need to choose a suitable lighting control solution from a wider range of available solutions; however, the lack of uniform standards makes it difficult to integrate the available solutions. Incompatibility of various components and lack of interoperability create problems for end users. Traditional lighting control systems usually consist of hardware and software manufactured by the same manufacturer, whereas in connected lighting solutions, controls are developed by different manufacturers. This creates interoperability issues, causing problems for communication between different network components of a lighting system. Hence, there is a need for establishing standard protocols to develop compatible products. Several organizations, such as The Connected Lighting Alliance (TCLA) and the ZigBee Alliance, are trying to standardize the protocols used in connected lighting technology so that luminaires could be used to collect and share data for analytics purposes.
ZigBee, EnOcean, Z-Wave, and Wi-Fi are the major wireless technologies used for communicating with various equipment in smart lighting systems. Among these, ZigBee is widely used by system manufacturers for wireless communication. Currently, all manufacturers follow their own proprietary protocols and standards to gain a competitive advantage in the market. As a result, the intense competition in the market does not allow the development of common standards and communication protocols, thereby hampering the growth of the market at present.
In hardware market, the lights and luminaires segment, of the smart lighting market is expected to hold a larger share during the forecast period
The smart lighting hardware market for lights and luminaires is expected to have the largest share during the forecast period, driven by the advent of integrated lighting controls. The integration of lighting control products with luminaires enables the embedding of software on microcontrollers, thereby adding intelligence to the entire lighting control system. Such lighting systems offer sensing and control at a spatial resolution, which would drive the demand for smart lights and luminaires during the forecast period. Lights and luminaires are the lighting components of smart lighting systems. These components broadly include smart bulbs, lamps, and luminaires such as fluorescent lights, light-emitting diodes (LEDs), and high-intensity discharge lamps (HIDs). The performance and characteristics of the light source used in lamps depend on the lighting task being performed. Choosing the right lamp type helps save energy to a great extent. Smart LED luminaires are cost-effective and offer a high return on investment. They reduce installation costs and are safer since conduits and metal cladding are not required. The benefits provided by smart technology make LED lighting systems a very attractive option for property owners. LED lighting is one of the mainstream technologies offering competitive cost and energy efficiency benefits. Companies such as Signify Holding (Philips Lighting), Wipro Lightings, Ideal (Cree), Hubbell Inc, and Savant Systems Inc. (GE Lighting) offer LED lights and luminaires.
In applications, the indoor segment is expected to hold the largest share of the smart lighting market during the forecast period
The market for indoor end-use application is expected to grow at a higher CAGR during the forecast period. This growth is mainly due to the increasing focus on constructing green buildings and installing smart lights in the commercial segment, especially in the developing countries in the APAC region. This, in turn, would spur the growth of the indoor market. The commercial segment accounted for the largest share of the indoor smart lighting market in 2020. Growing affordability and higher efficiencies are driving the use of smart lighting in commercial buildings. Apart from that, low maintenance and security features of smart lighting also drive the market in the commercial segment. Europe held the largest share of the market for indoor end-use application. This dominance is attributed to the growing consumer awareness about smart lighting and the adoption of energy-efficient products in the market. However, the high implementation cost of these solutions is one of the major factors inhibiting the growth of the market in the residential segment. The commercial segment accounted for the largest share of the indoor smart lighting market in 2020. Growing affordability and higher efficiencies are driving the use of smart lighting in commercial buildings. Apart from that, low maintenance and security features of smart lighting also drive the market in the commercial segment. The commercial segment includes offices, retail shops and malls, healthcare facilities, educational institutions, stadiums (arenas), and hospitality facilities. Reducing energy consumption has become a major objective for building owners, governments, utilities, and many other stakeholders. Replacing existing lights with more energy-efficient lighting sources (e.g., LED) is one of the ways to reduce this massive pool of energy use, but it is a small-scale solution. Energy reduction on a large scale can be achieved by turning off the lights when not required, optimizing light levels to suit worker needs, and reducing the overall demand for lighting energy. Incorporating smart lighting solutions is the best way to ensure that energy consumption is reduced as much as possible. Smart lighting also offers control and connectivity, where lighting can be personalized and used for internal wayfinding, while at the same time reducing energy use, optimizing spaces, and lowering maintenance costs.
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The smart lighting market in APAC is expected to grow at highest rate during the forecast period (2021-2026).
China is expected to lead the market in APAC owing to the availability of cost-effective land for setting up manufacturing plants as well as for new constructions of commercial spaces, presence of multiple lighting manufacturers, and continuing growth in commercial and industrial buildings as well as smart offices. The country has expertise in manufacturing lighting equipment and adopts technologies at a faster rate than other nations in the region. Rapid economic growth in China, India, Japan, and Rest of APAC is expected to propel the APAC smart lighting market in the coming years. The Indian government is actively contributing to the growth of the market. Smart Lighting India is an initiative taken by the government to improve the standard of living of people who are below the poverty line. In India, smart lightings are being increasingly adopted in various verticals, including commercial offices and healthcare. The Indian government is laying a lot of thrust on LED lighting with an aim to conserve energy. Moreover, the demand for lighting controls is growing rapidly due to their capability to conserve energy. The government launched a scheme called the Domestic Efficient Lighting Program (DELP), urging people to use LED bulbs in place of incandescent bulbs, tube lights, and CFL bulbs, as they are more efficient, long lasting, and economical. International manufacturers, such as Signify (Netherlands) and Osram Licht AG (Germany), have been establishing R&D centers or manufacturing plants in India.
The increasing number of smart city and smart infrastructure projects undertaken by the governments will create several new opportunities for energy-efficient lighting and advanced lighting systems in the next few years. In addition, government initiatives for offering low-cost LED lights at subsidized prices are expected to contribute majorly to the accelerated growth of the Asia Pacific smart lighting market. According to a report published by Eaton in 2021, power management investments in Singapore are set to increase, with a focus on intelligent power management software solutions. Four of five Singaporean companies say they will adopt new solutions to improve power management in the next one to three years. According to the report, one in three (33%) companies in Singapore increased their investments in power management due to the COVID-19 pandemic compared to 60% in Australia and 40% in Indonesia.
The market witnessed a considerable decline in 2020 as a result of COVID-19, but the market has a huge potential as the region has major manufacturing and assembling plants, which could be an opportunity for players in the smart lighting market after it recovers from the COVID-19 crisis by 2023. The market is projected to reach a value of USD 10,476 million by 2026 due to the demand for increasing contactless payments, government schemes for national ID cards, and rising e-commerce shopping.
Key Players of Smart lighting Market
Signify (Philips Lighting) (Netherlands), Legrand S.A. (France), Acuity Brands, Inc. (US), Lutron Electronics (US), Leviton Manufacturing Company, Inc. (US), Zumtobel Group (Austria), Honeywell International Inc. (US), Hubbell Incorporated (US), and GE Current (US). Other players operating in the smart lighting market include Dialight PLC (UK), Helvar (Finland), Ideal Industries, Inc. (Cree Lighting) (US), Adesto Technologies (Echelon Corporation) (US), Panasonic (Japan), LightwaveRF PLC (UK), RAB Lighting (US), Synapse Wireless (US), Syska LED (India), Wipro Enterprise Ltd (India), LG Electronics (South Korea), ABB (Switzerland), Savant Systems Inc. (GE Lighting) (US), and Enlighted Inc (a Siemens company).
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|
Report Metric |
Details |
|
Market Size Available for Years |
2017–2026 |
|
Base Year Considered |
2020 |
|
Forecast Period |
2021–2026 |
|
Forecast Units |
Value (USD Million ) |
|
Segments Covered |
Installation Type, Offering, End Use Application, Communication Technology and Region |
|
Geographies Covered |
Asia Pacific, North America, Europe, Middle East, Africa, and South America |
|
Companies Covered |
Signify (Philips Lighting) (Netherlands), Legrand S.A. (France), Acuity Brands, Inc. (US), Lutron Electronics (US), Leviton Manufacturing Company, Inc. (US), Zumtobel Group (Austria), Honeywell International Inc. (US), Hubbell Incorporated (US), GE Current (US), Dialight PLC (UK), Helvar (Finland), Ideal Industries, Inc. (Cree Lighting) (US), Adesto Technologies (Echelon Corporation) (US), Panasonic (Japan), LightwaveRF PLC (UK), RAB Lighting (US), Synapse Wireless (US), Syska LED (India), Wipro Enterprise Ltd (India), LG Electronics (South Korea), ABB (Switzerland), Savant Systems Inc. (GE Lighting) (US), and Enlighted Inc (a Siemens company) (US). |
In this report, the smart lighting market has been segmented into the following categories:
By Offering:
- Hardware
- Software
- Services
By Installation Type:
- New Installations
- Retrofit Installations
By End Use Application:
- Indoor
- Outdoor
By Communication Technology:
- Wired
- Wireless
By Region:
- North America
- Europe
- APAC
- RoW
Recent Developments
- In March 2021, Hubbell Control Solutions announced the launch of a new and improved NX Distributed Intelligence Lighting Control Panel (NXP2 Series) that centralizes connection points in an enclosure, providing an installer-friendly solution that reduces time and costs to deploy code compliant lighting control.
- In March 2021, Hubbell Lighting announced its partnership with LightAZ, a luminaire manufacturing company with headquarters in Illinois, US.
- In March 2021, Leviton announced a new line of Decora Motion Sensors designed to provide users optimal management of lighting and motor loads with enhanced detection functionality for accurate switching.
- In January 2021, Osram Licht launched the second generation of its PrevaLED COIN COB range. The new PrevaLED COIN 50 and 111 COB G2 seamlessly complement the product range.
- In August 2020, Signify announced the expansion of its smart lighting system that works with the WiZ connected ecosystem in the US. The WiZ portfolio now includes smart bulbs in a wider variety of shapes and sizes, an integrated downlight, light strips and accessories that put the user in complete control of the lighting.
- In October 2019, Signify announced the acquisition of Cooper Lighting, a leading provider of professional lighting, lighting controls, and connected lighting.
Frequently Asked Questions (FAQ):
Which are the major companies in the smart lighting market? What are their major strategies to strengthen their market presence?
The major companies in the smart lighting market are –Signify Holding (Philips Lighting), Legrand S.A. (France), Acuity Brands, Inc. (US), Leviton Manufacturing Company, Inc. (US), Zumtobel Group (Austria), and Honeywell International Inc. (US). The major strategies adopted by these players are product launches, expansions, agreements and acquisitions.
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
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Smart Lighting Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Smart Lighting Market
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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?
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