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Smart Lighting Market

Publisher Coherent Market Insights
Published Nov 24, 2025
Length 170 Pages
SKU # CMI20658433

Description

The global smart lighting market is projected to grow substantially in the coming years owing to rapid urbanization and rising demand for energy efficient lighting solutions across both residential and commercial sectors. Smart lights offer seamless connectivity with IoT devices and provide customizable lighting effects. With technological advancements in LEDs and controls systems, smart bulbs, lamps and lighting fixtures are becoming smarter, brighter and more eco-friendly. Several governments worldwide are promoting smart city projects which is creating conducive environment for market growth of smart lighting.

Market Dynamics

The key drivers fueling the global smart lighting market include growing need to reduce energy consumption, rising inclination towards home and building automation, and increasing governmental initiatives for infrastructure development and adoption of smart technologies. However, high initial costs of smart lighting installations and complex technical upgrades are expected to hamper the market demand initially. On the positive side, ongoing R&D to develop advanced wireless lighting control solutions and growing adoption of Li-Fi technology based smart lighting offers numerous opportunities in the coming years.

Key features of the study
  • This report provides in-depth analysis of the global smart lighting market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global smart lighting market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include Acuity Brands, Airthings, Crestron Electronics, Eaton Corporation, General Electric (GE), Honeywell International, Legrand, Lutron Electronics, Osram Licht AG, Philips Lighting (Signify), Samsung Electronics, Schneider Electric, Siemens AG, Syska LED, and Toshiba Corporation.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
  • The global smart lighting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart lighting market.
Market Segmentation
  • Product Type Insights (Revenue, USD Mn, 2025 - 2032)
  • Control Systems
  • Smart Lamps and Fixtures
  • Regional Insights (Revenue, USD Mn, 2025 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa
  • GCC Countries
  • South Africa
  • Israel
  • Rest of Middle East & Africa
  • Key Players Insights
  • Signify (Philips Lighting) (Netherlands)
  • Legrand S.A. (France)
  • Acuity Brands, Inc. (US)
  • Lutron Electronics (US)
  • Leviton Manufacturing Company, Inc. (US)

Table of Contents

170 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Findings
Market Snippet, By Product Type
Market Snippet, By Region
3. Market Dynamics and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Key Trends
4. Global Smart Lighting Market, By Product Type, 2020 – 2032 (USD Mn)
Introduction
Market Share Analysis, 2025, 2028 & 2032 (%)
Segment Trends
Control Systems
Introduction
Market Size and Forecast, 2020 - 2032, (USD Mn)
Smart Lamps and Fixtures
Introduction
Market Size and Forecast, 2020 - 2032, (USD Mn)
5. Global Smart Lighting Market, By Region, 2020 – 2032 (USD Mn)
Introduction
Market Share Analysis, By Region, 2025, 2028 & 2032 (%)
North America
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032 (USD Mn)
Market Share Analysis, By Country 2025, 2028 & 2032 (%)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032 (USD Mn)
Market Share Analysis, By Country 2025, 2028 & 2032 (%)
Germany
U.K.
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032 (USD Mn)
Market Share Analysis, By Country 2025, 2028 & 2032 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032 (USD Mn)
Market Share Analysis, By Country 2025, 2028 & 2032 (%)
Brazil
Mexico
Rest of Latin America
Middle East and Africa
Introduction
Market Size and Forecast, By Product Type, 2020 - 2032 (USD Mn)
Market Share Analysis, By Country 2025, 2028 & 2032 (%)
GCC Countries
South Africa
Rest of Middle East and Africa
6. Competitive Landscape
Company Profiles
Signify (Philips Lighting) (Netherlands)
Company Overview
Solutions Offered
Financial Performance
Recent Developments/Updates
Strategic Overview
Legrand S.A. (France)
Acuity Brands, Inc. (US)
Lutron Electronics (US)
Leviton Manufacturing Company, Inc. (US)
7. Section
Research Methodology
About Us and Services

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