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Smart Lighting Market by Offering (Hardware (Lights & Luminaires, Lighting Controls), Software, and Services), Communication Technology (Wired and Wireless), Installation Type, Application Type, and Geography - Global Forecast to 2023

Smart Lighting Market by Offering (Hardware (Lights & Luminaires, Lighting Controls), Software, and Services), Communication Technology (Wired and Wireless), Installation Type, Application Type, and Geography - Global Forecast to 2023

“The smart lighting market is expected to grow at a CAGR of 21.50% between 2018 and 2023”
The smart lighting market is estimated to grow from USD 7.93 billion in 2018 to USD 20.98 billion by 2023, at a CAGR of 21.50% between 2018 and 2023. The major factors driving the growth of the smart lighting market include modernization and development of infrastructure to transform cities into smart cities, increased demand for intelligent solutions for street lighting systems, need for energy-efficient lighting systems, increasing adoption and decreasing cost of LEDs, and growing awareness about energy savings among consumers and governments worldwide. However, factors such as perception of higher costs of installation and limited awareness about payback periods, and security and privacy issues in smart lighting systems are restraining the growth of the smart lighting market.

“Wired technology is expected to hold a larger share of the smart lighting market by 2023”
Currently, the smart lightings based on wired technology are widely adopted for different types of structures as this technology offer reliable connectivity, with no limitation on long-distance data transfer. Wired communication technologies for smart lightings include Digital Addressable Lighting Interface (DALI), Power-Line Communication (PLC), Power over Ethernet (PoE), and various wired hybrid protocols which include various company-specific proprietary protocols. Wired communication protocols are preferred in the applications where performance and reliability are crucial.

“The smart lighting market in APAC expected to grow at the highest CAGR between 2018 and 2023”
The growth of the market in APAC is attributed to the rapid infrastructure building activities being undertaken in APAC, mainly China, India, and Japan, where smart lighting paves the way for the modernization of infrastructure. Further, the increasing investments from the government sector also enhance the infrastructure facility in the country. Moreover, rising government expenditure on public infrastructure and increasing adoption of energy-efficient lighting systems are the major driving factors for the growth of the smart lighting market in APAC.

In the process of determining and verifying the market sizes for several segments obtained through secondary research, extensive primary interviews have been conducted with the key industry people. The break-up of the profile of primary participants has been given below.
• By Company Type: Tier 1 = 20%, Tier 2 = 45%, and Tier 3 = 35%
• By Designation: C-Level Executives = 35%, Directors = 25%, Others=40%
• By Region: Americas = 45%, Europe = 25%, APAC = 20%, and RoW = 10%

The report profiles the top players in the smart lighting market, along with providing their respective market ranking. Prominent players in the market include Philips Lighting (Netherlands), Hafele Group (Germany), Acuity Brands (US), OSRAM (Germany), Cree (US), Hubbell Lighting (US), Zumtobel Group (Austria), Honeywell (US), Legrand (France), Eaton (Ireland), Lutron Electronics (US), and General Electric (US).

Research Coverage:
• The smart lighting market based on offering covers hardware, software, and services.
• The smart lighting market based on communication technology has been segmented into wired and wireless technologies.
• The smart lighting market based on application type covers indoor and outdoor applications.
• The smart lighting market based on installation type includes new installations and retrofit installations.
• The geographic analysis has been conducted with regard to North America, Europe, APAC, and RoW.

Reasons to Buy This Report:
From an insight perspective, this research report has focused on various levels of analysis—market ranking of top players; value chain analysis; company profiles that provide the basic views on the competitive landscape; emerging and high-growth segments of the market; high-growth regions; and market dynamics such as drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
• Market development: Comprehensive information about lucrative emerging markets and analysis of the smart lighting market across various regions
• Market diversification: Exhaustive information about new products, untapped geographic regions, and recent developments in the overall smart lighting market
• Competitive assessment: In-depth assessment of ranking, growth strategies, and products of the leading players in the smart lighting market


  • INTRODUCTION
    • OBJECTIVES OF STUDY
    • DEFINITION
    • SCOPE OF STUDY
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR STUDY
    • CURRENCY
    • PACKAGE SIZE
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR SMART LIGHTING MARKET
    • SMART LIGHTING MARKET FOR SERVICES
    • SMART LIGHTING MARKET FOR HARDWARE
    • SMART LIGHTING MARKET FOR INDOOR APPLICATION
    • SMART LIGHTING MARKET FOR LIGHTING CONTROL
    • SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY
    • SMART LIGHTING MARKET IN APAC FOR OUTDOOR APPLICATION
    • COUNTRY-WISE ANALYSIS OF SMART LIGHTING MARKET
  • MARKET OVERVIEW
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • RESEARCH & PRODUCT DEVELOPMENT
      • RAW MATERIAL/COMPONENT PROVIDERS
      • ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
      • KEY TECHNOLOGY PROVIDERS/SYSTEM INTEGRATORS
      • DISTRIBUTORS/SALES OFFICES
      • END USERS
    • KEY INDUSTRY TRENDS
  • SMART LIGHTING MARKET, BY OFFERING
    • INTRODUCTION
      • Table SMART LIGHTING MARKET, BY OFFERING, 2015-2023 (USD BILLION)
    • HARDWARE
      • Table SMART LIGHTING MARKET FOR HARDWARE, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET FOR HARDWARE, BY REGION, 2015-2023 (USD BILLION)
      • LIGHTS & LUMINAIRES
      • LIGHTING CONTROLS
        • Table SMART LIGHTING MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2015-2023 (USD BILLION)
        • Table SMART LIGHTING MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2015-2023 (MILLION UNITS)
    • SOFTWARE
      • LOCAL/WEB-BASED SOFTWARE
      • CLOUD-BASED SOFTWARE
        • Table SMART LIGHTING MARKET FOR SOFTWARE, BY REGION, 2015-2023 (USD BILLION)
    • SERVICES
      • DESIGN & ENGINEERING
      • INSTALLATION SERVICES
      • POST-INSTALLATION SERVICES
        • Table SMART LIGHTING MARKET FOR SERVICES, BY SERVICE TYPE, 2015-2023 (USD BILLION)
        • Table SMART LIGHTING MARKET FOR SERVICES, BY REGION, 2015-2023 (USD BILLION)
  • SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY
    • INTRODUCTION
      • Table SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2015-2023 (USD BILLION)
    • WIRED TECHNOLOGY
      • DIGITAL ADDRESSABLE LIGHTING INTERFACE
      • POWER-LINE COMMUNICATION
      • POWER OVER ETHERNET
      • WIRED HYBRID PROTOCOLS
        • Table SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY, BY TYPE, 2015-2023 (USD BILLION)
        • Table SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY, BY REGION, 2015-2023 (USD BILLION)
    • WIRELESS TECHNOLOGY
      • ZIGBEE
      • BLUETOOTH/BLUETOOTH LOW ENERGY
      • ENOCEAN
      • WI-FI
      • 6LOWPAN
      • WIRELESS HYBRID PROTOCOLS
        • Table SMART LIGHTING MARKET FOR BY WIRELESS COMMUNICATION TECHNOLOGY, BY TYPE, 2015-2023 (USD BILLION)
        • Table SMART LIGHTING MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY, BY REGION, 2015-2023 (USD BILLION)
  • SMART LIGHTING MARKET, BY APPLICATION TYPE
    • INTRODUCTION
      • Table SMART LIGHTING MARKET, BY APPLICATION TYPE, 2015-2023 (USD BILLION)
    • INDOOR APPLICATION
      • Table SMART LIGHTING MARKET FOR INDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET FOR INDOOR APPLICATION, BY REGION, 2015-2023 (USD BILLION)
      • RESIDENTIAL
        • Table INDOOR SMART LIGHTING MARKET FOR RESIDENTIAL APPLICATION, BY REGION, 2015-2023 (USD BILLION)
      • COMMERCIAL
        • Table INDOOR SMART LIGHTING MARKET FOR COMMERCIAL APPLICATION, BY REGION, 2015-2023 (USD BILLION)
      • INDUSTRIAL
        • Table INDOOR SMART LIGHTING MARKET FOR INDUSTRIAL APPLICATION, BY REGION, 2015-2023 (USD BILLION)
    • OUTDOOR APPLICATION
      • Table SMART LIGHTING MARKET FOR OUTDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET FOR OUTDOOR APPLICATION, BY REGION, 2015-2023 (USD BILLION)
      • HIGHWAYS & ROADWAYS
        • Table OUTDOOR SMART LIGHTING MARKET FOR HIGHWAYS AND ROADWAYS APPLICATION, BY REGION, 2015-2023 (USD BILLION)
      • ARCHITECTURAL
        • Table OUTDOOR SMART LIGHTING MARKET FOR ARCHITECTURAL APPLICATION, BY REGION, 2015-2023 (USD BILLION)
      • PUBLIC PLACES
        • Table OUTDOOR SMART LIGHTING MARKET FOR PUBLIC PLACE APPLICATION, BY REGION, 2015-2023 (USD BILLION)
  • SMART LIGHTING MARKET, BY INSTALLATION TYPE
    • INTRODUCTION
      • Table SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2015-2023 (USD BILLION)
    • NEW INSTALLATION
      • Table SMART LIGHTING MARKET FOR NEW INSTALLATION, BY REGION, 2015-2023 (USD BILLION)
    • RETROFIT INSTALLATION
      • Table SMART LIGHTING MARKET FOR RETROFIT INSTALLATION, BY REGION, 2015-2023 (USD BILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table SMART LIGHTING MARKET, BY REGION, 2015-2023 (USD BILLION)
    • NORTH AMERICA
      • Table SMART LIGHTING MARKET IN NORTH AMERICA, BY OFFERING, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN NORTH AMERICA FOR HARDWARE, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN NORTH AMERICA FOR SERVICES, BY SERVICE TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN NORTH AMERICA, BY COMMUNICATION TECHNOLOGY, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN NORTH AMERICA, BY APPLICATION TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN NORTH AMERICA FOR INDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN NORTH AMERICA FOR OUTDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN NORTH AMERICA, BY INSTALLATION TYPE, 2015-2023 (USD BILLION)
      • US
      • CANADA
      • MEXICO
        • Table SMART LIGHTING MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD BILLION)
    • EUROPE
      • Table SMART LIGHTING MARKET IN EUROPE, BY OFFERING, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN EUROPE FOR HARDWARE, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN EUROPE FOR SERVICES, BY SERVICE TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN EUROPE, BY COMMUNICATION TECHNOLOGY, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN EUROPE, BY APPLICATION TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN EUROPE FOR INDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN EUROPE FOR OUTDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN EUROPE, BY INSTALLATION TYPE, 2015-2023 (USD BILLION)
      • GERMANY
      • FRANCE
      • UK
      • ITALY
      • REST OF EUROPE
        • Table SMART LIGHTING MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD BILLION)
    • APAC
      • Table SMART LIGHTING MARKET IN APAC, BY OFFERING, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN APAC FOR HARDWARE, BASED ON COMPONENT, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN APAC FOR SERVICES, BY SERVICE TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN APAC, BY COMMUNICATION TECHNOLOGY, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN APAC, BY APPLICATION TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN APAC FOR INDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN APAC FOR OUTDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN APAC, BY INSTALLATION, 2015-2023 (USD BILLION)
      • CHINA
      • JAPAN
      • INDIA
      • AUSTRALASIA
      • REST OF APAC
        • Table SMART LIGHTING MARKET IN APAC, BY COUNTRY, 2015-2023 (USD BILLION)
    • ROW
      • Table SMART LIGHTING MARKET IN ROW, BY OFFERING, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN ROW FOR HARDWARE, BY COMPONENT, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN ROW FOR SERVICES, BY SERVICE TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN ROW, BY COMMUNICATION TECHNOLOGY, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN ROW, BY APPLICATION TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN ROW FOR INDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN ROW FOR OUTDOOR APPLICATION, BY TYPE, 2015-2023 (USD BILLION)
      • Table SMART LIGHTING MARKET IN ROW, BY INSTALLATION TYPE, 2015-2023 (USD BILLION)
      • MIDDLE EAST
      • AFRICA
      • SOUTH AMERICA
        • Table SMART LIGHTING MARKET IN ROW, BY REGION, 2015-2023 (USD BILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • RANKING OF MARKET PLAYERS, 2017
      • Table MARKET RANKING: SMART LIGHTING MARKET, 2017
    • COMPETITIVE SCENARIO & TRENDS
      • PRODUCT LAUNCHES& DEVELOPMENTS
        • Table NEW PRODUCT LAUNCHES AND DEVELOPMENTS IN SMART LIGHTING MARKET, 2014-2017
      • PARTNERSHIPS, CONTRACTS, AGREEMENTS, & COLLABORATIONS
        • Table PARTNERSHIPS, CONTRACT, AGREEMENTS, AND COLLABORATIONS IN SMART LIGHTING MARKET, 2015 AND 2016
      • MERGERS & ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS IN SMART LIGHTING MARKET, 2015 AND 2017
  • COMPANY PROFILES
    • KEY PLAYERS
      • PHILIPS LIGHTING
      • ACUITY BRANDS
      • OSRAM
      • CREE
      • GENERAL ELECTRIC (GE + CURRENT)
      • EATON
      • HONEYWELL
      • LEGRAND
      • HUBBELL LIGHTING
      • ZUMTOBEL GROUP
      • HAFELE GROUP
      • LUTRON ELECTRONICS
      • WIPRO CONSUMER CARE AND LIGHTING
      • STREETLIGHT.VISION
      • VIRTUAL EXTENSION
      • SYSKA LED
      • LEVITON MANUFACTURING
    • STARTUP ECOSYSTEM
      • SWITCHMATE, INC.
      • GOOEE
      • LIFX
      • ISOTERA
      • KETRA
      • TAO LIGHT
      • NUALIGHT LIMITED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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