Global Smart Lighting Market 2020-2024

Global Smart Lighting Market 2020-2024

Technavio has been monitoring the smart lighting market and it is poised to grow by USD 11.29 bn during 2020-2024 progressing at a CAGR of 16% during the forecast period. Our reports on smart lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the development of smart cities and the rising need for light dimming.

The smart lighting market analysis include application segment and geographic landscape.

Technavio's smart lighting market is segmented as below:

By Application

  • Commercial
  • Public infrastructure
  • Residential
  • Others
By Geographic
  • Europe
  • North America
  • APAC
  • South America
  • MEA
This study identifies the increasing adoption of LEDs as one of the prime reasons driving the smart lighting market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our smart lighting market covers the following areas:
  • Smart lighting market sizing
  • Smart lighting market forecast
  • Smart lighting market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart lighting market vendors that include Acuity Brands Inc., Bridgelux Inc., Eaton Corp. Plc, Electricite de France SA, General Electric Co., IDEAL INDUSTRIES Inc., OSRAM Licht AG, Signify NV, TVILIGHT Projects BV, and Zumtobel Group AG. Also, the smart lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Electrical components and equipment
      • Inputs
      • Inbound logistics
      • Operations
      • Outbound logistics
      • Marketing and sales
      • Aftermarket and service
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2019-2024 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Commercial - Market size and forecast 2019-2024
      • Table Commercial - Market size and forecast 2019-2024 ($ million)
      • Table Global smart lighting market 2019-2024 ($ million) by commercial application, exclusive of COVID-19 impact
      • Table Commercial - Year-over-year growth 2019-2024 (%)
    • Public infrastructure - Market size and forecast 2019-2024
      • Table Public infrastructure - Market size and forecast 2019-2024 ($ million)
      • Table Global smart lighting market 2019-2024 ($ million) by public infrastructure application, exclusive of COVID-19 impact
      • Table Public infrastructure - Year-over-year growth 2019-2024 (%)
    • Residential - Market size and forecast 2019-2024
      • Table Residential - Market size and forecast 2019-2024 ($ million)
      • Table Global smart lighting market 2019-2024 ($ million) by residential application, exclusive of COVID-19 impact
      • Table Residential - Year-over-year growth 2019-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ million)
      • Table Global smart lighting market 2019-2024 ($ million) by others application, exclusive of COVID-19 impact
      • Table Others - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Smart lighting market in Europe 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table Smart lighting market in North America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table Smart lighting market in APAC 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table Smart lighting market in South America 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table Smart lighting market in MEA 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Development of smart cities
      • Increasing adoption of LEDs
      • Rising need for light dimming
    • Market challenges
      • Technological challenges related to LEDs
      • High average cost of LED fixtures
      • Power, space, and cost constraints associated with integrating LED drivers
        • Table Impact of drivers and challenges
    • Market trends
      • Advent of IoT
      • Emergence of human-centric lighting systems
      • Zero-energy buildings
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Acuity Brands Inc.
      • Table Acuity Brands Inc. - Overview
      • Table Acuity Brands Inc. - Business segments
      • Table Acuity Brands Inc. - Key news
      • Table Acuity Brands Inc. - Key offerings
    • Bridgelux Inc.
      • Table Bridgelux Inc. - Overview
      • Table Bridgelux Inc. - Product and service
      • Table Bridgelux Inc. - Key news
      • Table Bridgelux Inc. - Key offerings
    • Eaton Corp. Plc
      • Table Eaton Corp. Plc - Overview
      • Table Eaton Corp. Plc - Business segments
      • Table Eaton Corp. Plc - Key news
      • Table Eaton Corp. Plc - Key offerings
      • Table Eaton Corp. Plc - Segment focus
    • Electricite de France SA
      • Table Electricite de France SA - Overview
      • Table Electricite de France SA - Business segments
      • Table Electricite de France SA - Key news
      • Table Electricite de France SA - Key offerings
      • Table Electricite de France SA - Segment focus
    • General Electric Co.
      • Table General Electric Co. - Overview
      • Table General Electric Co. - Business segments
      • Table General Electric Co. - Key news
      • Table General Electric Co. - Key offerings
      • Table General Electric Co. - Segment focus
    • IDEAL INDUSTRIES Inc.
      • Table IDEAL INDUSTRIES Inc. - Overview
      • Table IDEAL INDUSTRIES Inc. - Product and service
      • Table IDEAL INDUSTRIES Inc. - Key news
      • Table IDEAL INDUSTRIES Inc. - Key offerings
    • OSRAM Licht AG
      • Table OSRAM Licht AG - Overview
      • Table OSRAM Licht AG - Business segments
      • Table OSRAM Licht AG - Key news
      • Table OSRAM Licht AG - Key offerings
      • Table OSRAM Licht AG - Segment focus
    • Signify NV
      • Table Signify NV - Overview
      • Table Signify NV - Business segments
      • Table Signify NV - Key news
      • Table Signify NV - Key offerings
      • Table Signify NV - Segment focus
    • TVILIGHT Projects BV
      • Table TVILIGHT Projects BV - Overview
      • Table TVILIGHT Projects BV - Product and service
      • Table TVILIGHT Projects BV - Key offerings
    • Zumtobel Group AG
      • Table Zumtobel Group AG - Overview
      • Table Zumtobel Group AG - Business segments
      • Table Zumtobel Group AG - Key news
      • Table Zumtobel Group AG - Key offerings
      • Table Zumtobel Group AG - Segment focus
  • Appendix
    • Scope of the report
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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