Market Overview:
The global lighting control system market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting systems and the growing awareness about the benefits of using such systems. The global lighting control system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into hardware, software, and lighting as a service (LaaS). The hardware segment dominates the market owing to its wide applicability in various industries. However, LaaS is expected to grow at a higher CAGR during the forecast period as it offers several advantages over traditional hardware-based systems such as lower installation costs and reduced maintenance requirements. On the basis of application, it is classified into indoor and outdoor applications. Indoor applications are further sub-segmented into commercial buildings, industrial buildings, institutional buildings (education & healthcare), transportation terminals (airports & railway stations), retail stores & malls; while outdoor applications are further sub-segmented into streetlights & area lights , signage illumination , landscape illumination . Among these segments, commercial buildings account for majority share in terms of revenue generated by indoor applications while streetlights & area lights account for majority share in terms of revenue generated by outdoor applications .
Product Definition:
A lighting control system is a computer-based system used to manage multiple light sources in order to create the desired ambiance or effect. Lighting control systems are important because they can save energy, provide security, and enhance the user experience.
Hardware:
Hardware is the tangible, physical entity that is responsible for a system's performance. It can be categorized into two types: Integrated Circuits (IC) and Digital Processing Unit (DPU). Hardware components are used in lighting control systems to perform specific functions such as controlling power supplies, receiving and sending data from one or more computers to operate an automated lighting solution.
Hardware components are used in Lighting Control System on various levels depending upon its functionality required by the application at hand.
Software:
Software is the collection of data or instructions which are used by the computer to carry out a task. In lighting control system, software controls and monitors various functions such as dimming, switching on/off lights etc. It also stores information about setting and allows changing settings later on.
Application Insights:
The indoor application segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to the growing adoption of LED lighting, which provides better quality images and improves visual experience for users. Furthermore, control systems based on ZigBee and Z-Wave technologies are being increasingly used for lighting applications owing to their low power consumption features as compared to Wi-Fi based solutions.
The outdoor application segment is expected to witness significant growth over the forecast period owing to increasing demand from commercial sectors such as hospitality, retail and entertainment where there is a need for controlling various aspects of building infrastructure including HVAC (heating, ventilation & air conditioning), fire protection.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to maintain its lead throughout the forecast period owing to growing adoption of LGCS by U.S.-based companies for maintaining operational efficiency, safety and security as well as enhancing customer experience. Furthermore, increasing demand for technologically advanced lighting control systems in countries such as Canada and Mexico is anticipated to drive regional growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6% from 2018 to 2030 owing both indoor.
Growth Factors:
- Increasing demand for energy-efficient lighting systems
- Rising awareness about the benefits of using lighting control systems
- Growing number of construction projects and renovation activities worldwide
- Proliferation of smart buildings and the Internet of Things (IoT)
- Advancements in LED technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Control System Market Research Report
By Type
Hardware, Software, Lighting as a Service
By Application
Indoor, Outdoor
By Companies
General Electric Company (GE) (US), Philips Lighting (Netherlands), Eaton (Ireland), Legrand (France), OSRAM Licht (Germany), Acuity Brands (US), CREE (US), Lutron Electronics (US), Leviton Manufacturing (US), Echelon (US), Lightwave PLC (UK), Digital Lumens (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
209
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Control System Market Report Segments:
The global Lighting Control System market is segmented on the basis of:
Types
Hardware, Software, Lighting as a Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Indoor, Outdoor
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric Company (GE) (US)
- Philips Lighting (Netherlands)
- Eaton (Ireland)
- Legrand (France)
- OSRAM Licht (Germany)
- Acuity Brands (US)
- CREE (US)
- Lutron Electronics (US)
- Leviton Manufacturing (US)
- Echelon (US)
- Lightwave PLC (UK)
- Digital Lumens (US)
Highlights of The Lighting Control System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Lighting as a Service
- By Application:
- Indoor
- Outdoor
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lighting Control System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A lighting control system is a set of devices and software that allow an operator to adjust the intensity, color, and timing of light in a room.
Some of the major players in the lighting control system market are General Electric Company (GE) (US), Philips Lighting (Netherlands), Eaton (Ireland), Legrand (France), OSRAM Licht (Germany), Acuity Brands (US), CREE (US), Lutron Electronics (US), Leviton Manufacturing (US), Echelon (US), Lightwave PLC (UK), Digital Lumens (US).
The lighting control system market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lighting Control System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lighting Control System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lighting Control System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lighting Control System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lighting Control System Market Size & Forecast, 2020-2028
4.5.1 Lighting Control System Market Size and Y-o-Y Growth
4.5.2 Lighting Control System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Lighting as a Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lighting Control System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lighting Control System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Lighting as a Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Indoor
9.10.2 Outdoor
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Lighting as a Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Indoor
10.10.2 Outdoor
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Lighting as a Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Indoor
11.10.2 Outdoor
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Lighting as a Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Indoor
12.10.2 Outdoor
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Lighting as a Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Indoor
13.10.2 Outdoor
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lighting Control System Market: Competitive Dashboard
14.2 Global Lighting Control System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric Company (GE) (US)
14.3.2 Philips Lighting (Netherlands)
14.3.3 Eaton (Ireland)
14.3.4 Legrand (France)
14.3.5 OSRAM Licht (Germany)
14.3.6 Acuity Brands (US)
14.3.7 CREE (US)
14.3.8 Lutron Electronics (US)
14.3.9 Leviton Manufacturing (US)
14.3.10 Echelon (US)
14.3.11 Lightwave PLC (UK)
14.3.12 Digital Lumens (US)
