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Smart Lighting Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939095
The smart lighting market size has grown rapidly in recent years. It will grow from $15.55 billion in 2023 to $18.37 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The historical period's growth can be credited to the rise in voice assistant device usage, robust economic expansion in emerging markets, a low-interest-rate environment, an increase in internet penetration, and substantial investments.

The smart lighting market size is expected to see exponential growth in the next few years. It will grow to $38.55 billion in 2028 at a compound annual growth rate (CAGR) of 20.4%. The anticipated growth in the forecast period can be ascribed to the increasing investments in energy-efficient infrastructure, the evolution of smart cities, favorable government initiatives, and the rising implementation of the Internet of Things (IoT). Major trends expected in the forecast period include the production of Wi-Fi-enabled LED bulbs, the adoption of LiFi technology for high-speed two-way wireless communications in the workplace, investments in Human-Centric Lighting (HCL) to optimize building efficiency for resident protection and safety, the incorporation of IoT smart lighting technologies to enhance user experience and safety, the pursuit of mergers and acquisitions to expand product portfolios and geographical presence, and a focus on new product launches to meet market demand.

The growth of the smart lighting market is fueled by government support in both developed and developing economies. In emerging markets, the expansion of the smart lighting market is further driven by the rise in disposable incomes, regulatory backing for energy-efficient lighting, and the integration of advanced technologies. Smart lighting systems ensure significant cost savings and lower energy consumption. For example, in December 2021, the Government of India, Ministry of Power, announced the approval of projects worth $4.12 billion (Rs. 30,904 crore) under the Integrated Power Development Scheme (IPDS). This highlights how supportive government initiatives boost the demand for smart lighting, contributing to the market's growth.

The increasing prevalence of smart city projects is expected to propel the smart lighting market's growth in the future. Smart cities leverage digital technology and data-driven solutions to improve performance, well-being, and cost efficiency while reducing resource consumption. The emphasis on energy efficiency, data-driven control, and sustainable urban development in smart cities encourages the adoption of smart lighting, leading to the implementation of more intelligent and environmentally friendly lighting solutions. According to the IMD Smart City Index Report in 2023, the number of smart cities has increased from 118 in 2021 to 141 in 2023. Therefore, the rise in smart city projects significantly contributes to the growth of the smart lighting market.

The adoption of Li-Fi (Light Fidelity) networks represents the latest trend in the smart lighting market. Li-Fi is a wireless optical networking technology that utilizes light-emitting diodes (LEDs) for data transmission. Li-Fi bulbs contain a small chip that modulates the light for data transfer. Common household LED light bulbs can be used to facilitate data transfer at speeds of up to 224 gigabits per second. In line with this trend, PureLiFi launched Light Antenna ONE in February 2023, a Li-Fi module designed for mass integration into billions of devices. It serves as the first wireless communications antenna enabling Li-Fi connectivity at scale, with a size smaller than a dime and ready for integration into connected devices.

Major companies in the smart lighting market are increasingly focusing on introducing environmentally friendly LED bulbs, exemplified by products such as Philips Ultra Efficient LED bulbs, to enhance revenue. Philips Ultra Efficient LED bulbs comprise an energy-saving light bulb range that delivers significant energy consumption benefits. For example, Signify N.V., a Netherlands-based lighting company, introduced Philips Ultra Efficient LED bulbs in April 2023. These bulbs are up to 60% more energy-efficient than standard Philips LED bulbs and boast a lifespan of up to 50,000 hours. Available in various shapes and sizes, including A19, A21, and BR30, and featuring multiple color temperatures such as warm white, cool white, and daylight.

In March 2021, Glamox, a US-based lighting company, acquired LiteIP Limited for an undisclosed amount, aiming to expand its smart lighting solutions portfolio and reinforce its presence in the smart lighting market. LiteIP Limited, based in the UK, specializes in the manufacturing of wireless lighting control systems.

Major companies operating in the smart lighting market report are Schneider Electric SA, Cisco Systems Inc., Honeywell Inc., Signify Holding, Eaton, Legrand S.A, Acuity Brands Inc., Wipro, Zumtobel Group AG, OSRAM GmbH, Philips Investment Co. Ltd., Cree company china, SSK Group, Halonix, Param LED Products, MLS Lighting, NVC International Holdings Limited, OPPLE Lighting, San’an Optoelectronics Co., Ltd., Meka Electric Corporation, YEELIGHT, Odeer Lighting, Longhorn Intelligent Tech Co., Ltd., Contrac Lighting, PULSAR, Apollo Lighting Ltd., LED Light Vision, FLUX LIGHTING, Eleti Lighting Germany, ELEKTRA GMBH, NEONICA POLSKA, ART META, Altavola Design, Lumines Lighting, TREVOS, Varton, GE Lighting, Acuity Brands, LSI Industries Inc., Energy Focus, Inc., Lumileds, Deco Lighting, Frederico Lopes Leal, Light Tool Industries E Comercio Ltd., Studio dois emme iluminação, Veta Energia, Idoler Iluminacion, Ledolas, Lutron, Hafele.

North America was the largest region in the smart lighting market in 2023. Western Europe was the second-largest region in the global smart lighting market share. The regions covered in the smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

Diverse types of smart lighting are available, including smart bulbs, fixtures, and lighting controls, utilizing various light sources such as LED, HID, and others. Smart bulbs, for instance, can be controlled via a smartphone app for convenient on/off toggling. Smart lighting systems utilize both wired and wireless communication technologies and find applications across commercial, governmental, residential, and other sectors.

The smart lighting market research report is one of a series of new reports that provides smart lighting market statistics, including smart lighting industry global market size, regional shares, competitors with a smart lighting market share, detailed smart lighting market segments, market trends and opportunities, and any further data you may need to thrive in the smart lighting industry. This smart lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The smart lighting market consists of sales of smart bulbs, smart light fixtures, smart lighting controls, and other smart lighting. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Smart Lighting Market Characteristics3. Smart Lighting Market Trends and Strategies
4. Smart Lighting Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Smart Lighting Market Size and Growth
5.1. Global Smart Lighting Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Smart Lighting Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Smart Lighting Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Smart Lighting Market Segmentation
6.1. Global Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Smart Bulbs
  • Fixtures
  • Lighting Controls
6.2. Global Smart Lighting Market, Segmentation by Light Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • LED
  • HID
  • Other Light Sources
6.3. Global Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Wired
  • Wireless
6.4. Global Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Commercial
  • Government
  • Residential
  • Other Applications
7. Smart Lighting Market Regional and Country Analysis
7.1. Global Smart Lighting Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Smart Lighting Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Smart Lighting Market
8.1. Asia-Pacific Smart Lighting Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Smart Lighting Market
9.1. China Smart Lighting Market Overview
9.2. China Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Smart Lighting Market
10.1. India Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Smart Lighting Market
11.1. Japan Smart Lighting Market Overview
11.2. Japan Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Smart Lighting Market
12.1. Australia Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Smart Lighting Market
13.1. Indonesia Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Smart Lighting Market
14.1. South Korea Smart Lighting Market Overview
14.2. South Korea Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Smart Lighting Market
15.1. Western Europe Smart Lighting Market Overview
15.2. Western Europe Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Smart Lighting Market
16.1. UK Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Smart Lighting Market
17.1. Germany Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Smart Lighting Market
18.1. France Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Smart Lighting Market
19.1. Italy Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Smart Lighting Market
20.1. Spain Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Smart Lighting Market
21.1. Eastern Europe Smart Lighting Market Overview
21.2. Eastern Europe Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Smart Lighting Market
22.1. Russia Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Smart Lighting Market
23.1. North America Smart Lighting Market Overview
23.2. North America Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Smart Lighting Market
24.1. USA Smart Lighting Market Overview
24.2. USA Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Smart Lighting Market
25.1. Canada Smart Lighting Market Overview
25.2. Canada Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Smart Lighting Market
26.1. South America Smart Lighting Market Overview
26.2. South America Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Smart Lighting Market
27.1. Brazil Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Smart Lighting Market
28.1. Middle East Smart Lighting Market Overview
28.2. Middle East Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Smart Lighting Market
29.1. Africa Smart Lighting Market Overview
29.2. Africa Smart Lighting Market, Segmentation by Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Smart Lighting Market, Segmentation by Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Smart Lighting Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Smart Lighting Market Competitive Landscape and Company Profiles
30.1. Smart Lighting Market Competitive Landscape
30.2. Smart Lighting Market Company Profiles
30.2.1. Schneider Electric SA
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Cisco Systems Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Honeywell Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Signify Holding
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Eaton
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Smart Lighting Market Other Major and Innovative Companies
31.1. Legrand S.A
31.2. Acuity Brands Inc.
31.3. Wipro
31.4. Zumtobel Group AG
31.5. OSRAM GmbH
31.6. Philips Investment Co. Ltd
31.7. Cree company china
31.8. SSK Group
31.9. Halonix
31.10. Param LED Products
31.11. MLS Lighting
31.12. NVC International Holdings Limited
31.13. OPPLE Lighting
31.14. San’an Optoelectronics Co., Ltd
31.15. Meka Electric Corporation
32. Global Smart Lighting Market Competitive Benchmarking33. Global Smart Lighting Market Competitive Dashboard34. Key Mergers and Acquisitions in the Smart Lighting Market
35. Smart Lighting Market Future Outlook and Potential Analysis
35.1 Smart Lighting Market in 2028 - Countries Offering Most New Opportunities
35.2 Smart Lighting Market in 2028 - Segments Offering Most New Opportunities
35.3 Smart Lighting Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Smart Lighting Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on smart lighting market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for smart lighting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Product: Smart Bulbs; Fixtures; Lighting Controls
2) By Light Source: LED; HID; Other Light Sources
3) By Communication Technology: Wired; Wireless
4) By Application: Commercial; Government; Residential; Other Applications

Key Companies Mentioned: Schneider Electric SA; Cisco Systems Inc.; Honeywell Inc.; Signify Holding; Eaton

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Schneider Electric SA
  • Cisco Systems Inc.
  • Honeywell Inc.
  • Signify Holding
  • Eaton
  • Legrand S.A
  • Acuity Brands Inc.
  • Wipro
  • Zumtobel Group AG
  • OSRAM GmbH
  • Philips Investment Co. Ltd
  • Cree company china
  • SSK Group
  • Halonix
  • Param LED Products
  • MLS Lighting
  • NVC International Holdings Limited
  • OPPLE Lighting
  • San’an Optoelectronics Co., Ltd
  • Meka Electric Corporation
  • YEELIGHT
  • Odeer Lighting
  • Longhorn Intelligent Tech Co., LTD
  • Contrac Lighting
  • PULSAR
  • Apollo Lighting Ltd
  • LED Light Vision
  • FLUX LIGHTING
  • Eleti Lighting Germany
  • ELEKTRA GMBH
  • NEONICA POLSKA
  • ART META
  • Altavola Design
  • Lumines Lighting
  • TREVOS
  • Varton
  • GE Lighting
  • Acuity Brands
  • LSI Industries Inc.
  • Energy Focus, Inc.
  • Lumileds
  • Deco Lighting
  • Frederico Lopes Leal
  • Light Tool Industries E Comercio Ltd.
  • Studio dois emme iluminação
  • Veta Energia
  • Idoler Iluminacion
  • Ledolas
  • Lutron
  • Hafele

Methodology

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