Global Smart Lighting Market 2025-2029

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	207 Pages	TechNavio	February, 2025	INF19584548

Best Price Guarantee
Price	from $2,500
Length	207 Pages
Publisher	TechNavio
Published Date	February, 2025
SKU	INF19584548

Smart Lighting Market 2025-2029

The smart lighting market is forecasted to grow by USD 26399.5 mn during 2024-2029, accelerating at a CAGR of 18.5% during the forecast period. The report on the 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of smart lighting, increasing adoption of leds, and rising need for light dimming.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's smart lighting market is segmented as below:

By Application

Commercial
Residential
Public infrastructure
Others

By Component

Hardware
Software
Services

By Geographical Landscape

Europe
North America
APAC
South America
Middle East and Africa

This study identifies the advent of iot as one of the prime reasons driving the smart lighting market growth during the next few years. Also, emergence of human-centric lighting systems and zero-energy buildings will lead to sizable demand in the market.

The report on the smart lighting market covers the following areas:

Smart Lighting Market sizing
Smart Lighting Market forecast
Smart Lighting Market industry analysis

The 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., Current Lighting Solutions LLC, Dialight PLC, Eaton Corp., Helvar Merca Oy Ab, Honeywell International Inc., Hubbell Inc., Ideal Industries Inc., Legrand SA, Leviton Manufacturing Co. Inc., Lightwaverf Technology Ltd., Lutron Electronics Co. Inc., OSRAM GmbH, RAB Lighting Inc., Savant Systems Inc., Siemens AG, Signify NV, Synapse Wireless Inc., Wipro Ltd., 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 all forthcoming growth opportunities.

The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Data Table on Incremental Growth
Technavio Analysis
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Criticality of inputs and Factors of differentiation
- Factors of disruption
- Impact of drivers and challenges
Market Landscape
- Market ecosystem
  - Table Data Table on - Parent Market
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2024
- Market outlook: Forecast for 2024-2029
  - Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Historic Market Size
- Global Smart Lighting Market 2019 - 2023
  - Table Historic Market Size - Data Table on Global Smart Lighting Market 2019 - 2023 ($ million)
- Application segment analysis 2019 - 2023
- Component segment analysis 2019 - 2023
- Geography segment analysis 2019 - 2023
- Country segment analysis 2019 - 2023
Qualitative Analysis
- Impact of AI on Global Smart Lighting Market
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
  - Table Data Table on Application - Market share 2024-2029 (%)
- Comparison by Application
  - Table Data Table on Comparison by Application
- Commercial - Market size and forecast 2024-2029
  - Table Data Table on Commercial - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Commercial - Year-over-year growth 2024-2029 (%)
- Residential - Market size and forecast 2024-2029
  - Table Data Table on Residential - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Residential - Year-over-year growth 2024-2029 (%)
- Public infrastructure - Market size and forecast 2024-2029
  - Table Data Table on Public infrastructure - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Public infrastructure - Year-over-year growth 2024-2029 (%)
- Others - Market size and forecast 2024-2029
  - Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Others - Year-over-year growth 2024-2029 (%)
- Market opportunity by Application
  - Table Data Table on Market opportunity by Application ($ million)
Market Segmentation by Component
- Market segments
  - Table Data Table on Component - Market share 2024-2029 (%)
- Comparison by Component
  - Table Data Table on Comparison by Component
- Hardware - Market size and forecast 2024-2029
  - Table Data Table on Hardware - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Hardware - Year-over-year growth 2024-2029 (%)
- Software - Market size and forecast 2024-2029
  - Table Data Table on Software - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Software - Year-over-year growth 2024-2029 (%)
- Services - Market size and forecast 2024-2029
  - Table Data Table on Services - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Services - Year-over-year growth 2024-2029 (%)
- Market opportunity by Component
  - Table Data Table on Market opportunity by Component ($ million)
Customer Landscape
- Customer landscape overview
Geographic Landscape
- Geographic segmentation
  - Table Data Table on Market share by geography 2024-2029 (%)
- Geographic comparison
  - Table Data Table on Geographic comparison
- Europe - Market size and forecast 2024-2029
  - Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
- North America - Market size and forecast 2024-2029
  - Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on North America - Year-over-year growth 2024-2029 (%)
- APAC - Market size and forecast 2024-2029
  - Table Data Table on APAC - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on APAC - Year-over-year growth 2024-2029 (%)
- South America - Market size and forecast 2024-2029
  - Table Data Table on South America - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on South America - Year-over-year growth 2024-2029 (%)
- Middle East and Africa - Market size and forecast 2024-2029
  - Table Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- US - Market size and forecast 2024-2029
  - Table Data Table on US - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on US - Year-over-year growth 2024-2029 (%)
- Germany - Market size and forecast 2024-2029
  - Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
- China - Market size and forecast 2024-2029
  - Table Data Table on China - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on China - Year-over-year growth 2024-2029 (%)
- UK - Market size and forecast 2024-2029
  - Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on UK - Year-over-year growth 2024-2029 (%)
- France - Market size and forecast 2024-2029
  - Table Data Table on France - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on France - Year-over-year growth 2024-2029 (%)
- Japan - Market size and forecast 2024-2029
  - Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
- India - Market size and forecast 2024-2029
  - Table Data Table on India - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on India - Year-over-year growth 2024-2029 (%)
- Italy - Market size and forecast 2024-2029
  - Table Data Table on Italy - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Italy - Year-over-year growth 2024-2029 (%)
- Canada - Market size and forecast 2024-2029
  - Table Data Table on Canada - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
- The Netherlands - Market size and forecast 2024-2029
  - Table Data Table on The Netherlands - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
- Market opportunity by geography
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Opportunity/Restraints
- Market drivers
  - Emergence of smart lighting
  - 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
- Impact of drivers and challenges
- Market opportunities/restraints
  - Advent of IoT
  - Emergence of human-centric lighting systems
  - Zero-energy buildings
Competitive Landscape
- Overview
- Competitive Landscape
- Landscape disruption
- Industry risks
Competitive Analysis
- Companies profiled
- Company ranking index
- Market positioning of companies
- Acuity Brands Inc.
- Current Lighting Solutions LLC
- Dialight PLC
- Helvar Merca Oy Ab
- Honeywell International Inc.
- Hubbell Inc.
- Ideal Industries Inc.
- Legrand SA
- Leviton Manufacturing Co. Inc.
- Lightwaverf Technology Ltd.
- Lutron Electronics Co. Inc.
- RAB Lighting Inc.
- Signify NV
- Synapse Wireless Inc.
- Zumtobel Group AG
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
- Currency conversion rates for US$
- Research methodology
- Data procurement
- Data validation
- Validation techniques employed for market sizing
- Data synthesis
- 360 degree market analysis
- List of abbreviations