The Smart Lighting Market Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Smart Lighting Market. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 100 companies, of which the Top 10 Companies were categorized and recognized as the quadrant leaders.
Smart lighting systems utilize various wired and wireless communication technology protocols and are network-controlled. These systems incorporate a range of components such as sensors , gateways, relays, programmed LED drivers, ballasts, and light switches to fulfill diverse functions. Automated controls within smart lighting systems can adjust lighting based on factors like occupancy and daylight while also enabling features like switching lights on/off or dimming them in response to time, occupancy, events, alarms, or manual intervention. Smart lighting management software facilitates control over light switches or other lighting control products through control wires, wirelessly, or by multiplexing signals through a home's electrical system. Designed for energy efficiency, smart lighting technology offers various benefits.
The smart lighting market is segmented, based on offering, into hardware, software, and services, and based on communication technology into wired and wireless. Installation types include new installations and retrofit installations, while end-use applications encompass indoor and outdoor settings. Moreover, based on distribution channel, the market is segmented into online sales and offline sales.
The 360 Quadrant maps the Smart Lighting Market companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Smart Lighting Market quadrant. The top criteria for product footprint evaluation included communication technology (wired and wireless.) By End-use application (indoor and outdoor applications.) By Distribution Channel (online sales and offline sales.) By Offering type(hardware, software, and services) and INSTALLATION TYPE (new installations and retrofit installations.)
Key Players:
Key players operating in the Smart Lighting Market Signify Holding (Netherlands), Legrand (France), Acuity Brands, Inc. (US), ams-OSRAM AG (Austria), Panasonic Holdings Corporation (Japan), Honeywell International Inc. (US), Zumtobel Group (Austria), Wipro Lighting (India), Lutron Electronics Co., Inc (US), IDEAL INDUSTRIES, INC. (Cree Lighting) (US), LEDVANCE GmbH (Germany), Savant Systems , Inc (US), Inter IKEA Systems B.V. (Netherlands), Dialight (UK), Schneider Electric (France), ABB (Switzerland), and RAB Lighting Inc. (US), among others.
Signify Holding
Signify Holding holds a dominant position in the smart lighting industry, supported by its extensive portfolio of connected solutions. The company excels in IoT-enabled lighting technologies that offer advanced control, automation, and energy-efficient solutions across various applications. Signify's strategic focus on innovation and strong global presence enhances its company market share and product portfolio. By integrating AI and IoT, Signify continuously expands its capabilities, as demonstrated by the recent introduction of AI features in the Philips Hue line.
Acuity Brands, Inc.
Acuity Brands maintains a strong market position through a wide distribution network and a comprehensive product line that includes sensors, controls, and software. Its leadership is further reinforced by strategic expansions and product launches, meeting diverse residential and commercial lighting needs. Acuity's commitment to enhancing its product portfolio is evident in its proactive approach to smart lighting solutions.
Legrand
Legrand is a specialist in electrical and digital infrastructures, offering high-value products that promote sustainability and efficiency. The company leverages its expertise to develop innovative smart lighting solutions, expanding its company market share globally. Legrand's strategic expansions and product innovations align with evolving market demands, ensuring competitive company positioning within the smart lighting sector.
- 1 Introduction
- 1.1 Market Definition
- 1.2 Stakeholders
- 2 Executive Summary
- 3 Market Overview
- 3.1 Introduction
- 3.2 Market Dynamics
- 3.2.1 Drivers
- 3.2.1.1 Rising Smart City Initiatives Globally
- 3.2.1.2 Advancements In Artificial Intelligence (Ai) And Edge Computing Technologies
- 3.2.1.3 Establishment Of Standard And Digital Protocols By Authorized Bodies
- 3.2.1.4 Growing Demand For Internet Of Things (Iot)-integrated Smart Lighting Solutions
- 3.2.1.5 Rising Adoption Of Led Lights And Luminaires In Outdoor Applications
- 3.2.1.6 Increasing Incorporation Of Data Analytics Into Smart Lighting
- 3.2.2 Restraints
- 3.2.2.1 Cybersecurity Concerns Associated With Internet-connected Lighting Systems
- 3.2.2.2 Difficulties Associated With Retrofitting Of Traditional Lighting Infrastructure
- 3.2.3 Opportunities
- 3.2.3.1 Development Of Solar-powered And Hybrid Smart Lighting Solutions
- 3.2.3.2 Emerging Smart Office And Smart Retail Trends
- 3.2.3.3 Rising Adoption Of Human-centric Lighting Solutions
- 3.2.3.4 Growing Adoption Of Power Over Ethernet (Poe)-based Lighting Solutions In Commercial And Healthcare Applications
- 3.2.3.5 Increasing Demand For Personalized Lighting Control Solutions
- 3.2.4 Challenges
- 3.2.4.1 High Upfront Costs Of Equipment And Accessories
- 3.2.4.2 Interoperability And Compatibility Issues
- 3.3 Trends/Disruptions Impacting Customer Business
- 3.4 Ecosystem Analysis
- 3.5 Technology Analysis
- 3.5.1 Key Technologies
- 3.5.1.1 Internet Of Things (Iot)
- 3.5.1.2 Communication Protocols
- 3.5.1.3 Smart Sensors
- 3.5.2 Complementary Technologies
- 3.5.2.1 Artificial Intelligence (Ai) And Machine Learning (Ml)
- 3.5.2.2 Light Fidelity (Li-fi)
- 3.5.2.3 Geofencing Technology
- 3.5.3 Adjacent Technologies
- 3.5.3.1 Building Management System (Bms)
- 3.5.3.2 5g Infrastructure
- 3.6 Patent Analysis
- 3.7 Key Conferences And Events, 2025–2026
- 3.8 Tariff And Regulatory Landscape
- 3.8.1 Tariff Analysis
- 3.8.2 Regulatory Bodies, Government Agencies, And Other Organizations
- 3.8.3 Regulations
- 3.8.3.1 Restriction Of Hazardous Substances (Rohs) And Waste Electrical And Electronic Equipment (Weee)
- 3.8.3.2 Registration, Evaluation, Authorisation And Restriction Of Chemicals (Reach)
- 3.8.3.3 United Nations Framework Convention On Climate Change (Unfccc)
- 3.8.3.4 General Data Protection Regulation (Gdpr)
- 3.9 Porter’s Five Forces Analysis
- 3.9.1 Intensity Of Competitive Rivalry
- 3.9.2 Threat Of New Entrants
- 3.9.3 Threat Of Substitutes
- 3.9.4 Bargaining Power Of Buyers
- 3.9.5 Bargaining Power Of Suppliers
- 3.10 Impact Of Ai/Gen Ai On Smart Lighting Market
- 4 Competitive Landscape
- 4.1 Overview
- 4.2 Key Player Strategies/Right To Win, January 2021– January 2025
- 4.3 Revenue Analysis, 2020–2024
- 4.4 Market Share Analysis, 2024
- 4.5 Company Valuation And Financial Metrics
- 4.5.1 Company Valuation
- 4.5.2 Financial Metrics
- 4.6 Brand/Product Comparison
- 4.7 Company Evaluation Matrix: Key Players, 2024
- 4.7.1 Stars
- 4.7.2 Emerging Leaders
- 4.7.3 Pervasive Players
- 4.7.4 Participants
- 4.7.5 Company Footprint: Key Players, 2024
- 4.7.5.1 Company Footprint
- 4.7.5.2 Region Footprint
- 4.7.5.3 Installation Type Footprint
- 4.7.5.4 Offering Footprint
- 4.7.5.5 End-use Application Footprint
- 4.7.5.6 Communication Technology Footprint
- 4.8 Company Evaluation Matrix: Startups/Smes, 2024
- 4.8.1 Progressive Companies
- 4.8.2 Responsive Companies
- 4.8.3 Dynamic Companies
- 4.8.4 Starting Blocks
- 4.8.5 Competitive Benchmarking: Startups/Smes, 2024
- 4.8.5.1 Detailed List Of Startups/Smes
- 4.8.5.2 Competitive Benchmarking Of Key Startups/Smes
- 4.9 Competitive Scenario
- 4.9.1 Product Launches/Developments
- 4.9.2 Deals
- 4.9.3 Expansions
- 5 Company Profiles
- 5.1 Introduction
- 5.2 Key Players
- 5.2.1 Signify Holding
- 5.2.1.1 Business Overview
- 5.2.1.2 Products/Solutions/Services Offered
- 5.2.1.3 Recent Developments
- 5.2.1.3.1 Product Launches/Developments
- 5.2.1.3.2 Deals
- 5.2.1.4 Mnm View
- 5.2.1.4.1 Key Strengths
- 5.2.1.4.2 Strategic Choices
- 5.2.1.4.3 Weaknesses And Competitive Threats
- 5.2.2 Legrand
- 5.2.2.1 Business Overview
- 5.2.2.2 Products/Solutions/Services Offered
- 5.2.2.3 Recent Developments
- 5.2.2.3.1 Product Launches/Developments
- 5.2.2.3.2 Deals
- 5.2.2.4 Mnm View
- 5.2.2.4.1 Key Strengths
- 5.2.2.4.2 Strategic Choices
- 5.2.2.4.3 Weaknesses And Competitive Threats
- 5.2.3 Acuity Brands, Inc.
- 5.2.3.1 Business Overview
- 5.2.3.2 Products/Solutions/Services Offered
- 5.2.3.3 Recent Developments
- 5.2.3.3.1 Product Launches/Developments
- 5.2.3.3.2 Deals
- 5.2.3.4 Mnm View
- 5.2.3.4.1 Key Strengths
- 5.2.3.4.2 Strategic Choices
- 5.2.3.4.3 Weaknesses And Competitive Threats
- 5.2.4 Zumtobel Group
- 5.2.4.1 Business Overview
- 5.2.4.2 Products/Solutions/Services Offered
- 5.2.4.3 Recent Developments
- 5.2.4.3.1 Deals
- 5.2.4.4 Mnm View
- 5.2.4.4.1 Key Strengths
- 5.2.4.4.2 Strategic Choices
- 5.2.4.4.3 Weaknesses And Competitive Threats
- 5.2.5 Panasonic Holdings Corporation
- 5.2.5.1 Business Overview
- 5.2.5.2 Products/Solutions/Services Offered
- 5.2.5.3 Recent Developments
- 5.2.5.3.1 Expansions
- 5.2.5.4 Mnm View
- 5.2.5.4.1 Key Strengths
- 5.2.5.4.2 Strategic Choices
- 5.2.5.4.3 Weaknesses And Competitive Threats
- 5.2.6 Ams-osram Ag
- 5.2.6.1 Business Overview
- 5.2.6.2 Products/Solutions/Services Offered
- 5.2.6.3 Recent Developments
- 5.2.6.3.1 Product Launches/Developments
- 5.2.6.3.2 Deals
- 5.2.7 Honeywell International Inc.
- 5.2.7.1 Business Overview
- 5.2.7.2 Products/Solutions/Services Offered
- 5.2.7.3 Recent Developments
- 5.2.7.3.1 Deals
- 5.2.8 Wipro Lighting
- 5.2.8.1 Business Overview
- 5.2.8.2 Products/Solutions/Services Offered
- 5.2.8.3 Recent Developments
- 5.2.8.3.1 Deals
- 5.2.8.3.2 Expansions
- 5.2.9 Lutron Electronics Co., Inc
- 5.2.9.1 Business Overview
- 5.2.9.2 Products/Solutions/Services Offered
- 5.2.9.3 Recent Developments
- 5.2.9.3.1 Product Launches/Developments
- 5.2.10 Cree Lighting Usa Llc
- 5.2.10.1 Business Overview
- 5.2.10.2 Products/Solutions/Services Offered
- 5.2.10.3 Recent Developments
- 5.2.10.3.1 Product Launches/Developments
- 5.2.11 Ledvance Gmbh
- 5.2.11.1 Business Overview
- 5.2.11.2 Products/Solutions/Services Offered
- 5.2.11.3 Recent Developments
- 5.2.11.3.1 Product Launches/Developments
- 5.2.11.3.2 Deals
- 5.3 Other Players
- 5.3.1 Hli Solutions, Inc.
- 5.3.2 Savant Systems, Inc.
- 5.3.3 Dialight
- 5.3.4 Schneider Electric
- 5.3.5 Abb
- 5.3.6 Lightwave
- 5.3.7 Rab Lighting Inc.
- 5.3.8 Synapse Wireless Inc.
- 5.3.9 Leviton Manufacturing Co., Inc.
- 5.3.10 Syska
- 5.3.11 Building Robotics Inc. (Siemens Company)
- 5.3.12 Helvar
- 5.3.13 Lifx
- 5.3.14 Sengled Gmbh
- 5.3.15 Tvilight Projects B.V.
- 5.3.16 Nanoleaf
- 5.3.17 Ubicquia, Inc.
- 5.3.18 Jaquar India
- 5.3.19 Inter Ikea Systems B.V.
- 6 Appendix
- 6.1 Research Methodology
- 6.1.1 Research Data
- 6.1.1.1 Secondary Data
- 6.1.1.2 Primary Data
- 6.1.2 Research Assumptions
- 6.1.3 Research Limitations
- 6.2 Company Evaluation Matrix: Methodology
- 6.3 Author Details
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