Market Overview:
The global lighting management system market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting systems and rising awareness about the benefits of using such systems. The global lighting management system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into daylight sensors, occupancy sensors, programmable ballasts, user interfaces, and others. On the basis of application, the market is segmented into residential buildings commercial buildings industrial buildings and others.
Product Definition:
A lighting management system (LMS) is a computer-based system for controlling and optimizing the performance of lighting systems. Lighting management systems are used in a wide variety of settings, including office buildings, schools, hospitals, factories, and retail stores.
Daylight Sensors:
By understanding the need and demand for light sensors in the lighting management system market, I came across this whitepaper. The paper is a study on how to boost usage of D-Sensors by providing sample application notes along with brief description of each sensor type.
The introduction section states that there are over 80 different types of daylight sensors available in the market, out which only few are used in commercial applications.
Occupancy Sensors:
Occupancy sensors are used to measure the occupancy of a room or area. They are also known as room temperature sensor, human presence sensor or person detection sensor. These sensors can be used in various applications such as building automation, access control and security systems and lighting management system (LMS).
Application Insights:
The commercial segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing construction activities for new commercial spaces, offices and IT parks across the globe. A large number of high-tech companies have their offices in Silicon Valley which is a hotbed for lighting management systems as it offers highly efficient and cost-effective solutions while managing lighting needs efficiently.
The residential segment is expected to witness significant growth over the forecast period owing to rising demand from consumers globally for energy-efficient products that not only save costs but also reduce carbon footprint significantly reducing greenhouse emissions thereby contributing toward sustainable development goals set by governments across various regions of the world such as North America, Europe, Asia Pacific and Middle East & Africa.
Regional Analysis:
The demand for LGMS in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing awareness regarding the benefits of using lighting automation solutions, growing adoption of energy-efficient lighting technologies, and rising penetration of smart devices in various commercial spaces such as retail stores, restaurants, hotels and airports.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing to rapid urbanization across emerging economies such as India and China. Moreover, increasing government initiatives for improving public infrastructure are likely to drive LGMS demand across this region. For instance; In March 2016; The Government of India launched ‘Smart Cities Mission’ with an investment worth USD X trillion over a period of five years with an aim toward making cities self-sufficient by 2025 through efficient use of resources including energy & water.
Growth Factors:
- Increasing demand for energy-efficient lighting systems
- Rising awareness about the benefits of using lighting management systems
- Growing number of construction projects and renovation activities worldwide
- Proliferation of smart buildings and the Internet of Things (IoT)
- Emergence of new applications for lighting management systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Lighting Management System Market Research Report
By Type
Daylight Sensors, Occupancy Sensors, Programmable Ballasts, User Interfaces, Others
By Application
Residential, Commercial, Industrial, Others
By Companies
Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V, Lutron Electronics Co. Inc, Leviton Manufacturing, Legrand North America, LLC
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Lighting Management System Market Report Segments:
The global Lighting Management System market is segmented on the basis of:
Types
Daylight Sensors, Occupancy Sensors, Programmable Ballasts, User Interfaces, Others
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
Residential, Commercial, Industrial, Others
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:
- Schneider Electric
- General Electric Corporation
- OSRAM Licht AG
- Siemens AG
- LG Electronics
- Legrand
- Koninklijke Philips N.V
- Lutron Electronics Co. Inc
- Leviton Manufacturing
- Legrand North America, LLC
Highlights of The Lighting Management 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:
- Daylight Sensors
- Occupancy Sensors
- Programmable Ballasts
- User Interfaces
- Others
- By Application:
- Residential
- Commercial
- Industrial
- Others
- 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 Management 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 management system (LMS) is a software application that helps organizations manage and control the use of light in their facilities. It can help to optimize the use of natural and artificial light, reduce energy consumption, and improve workplace productivity.
Some of the key players operating in the lighting management system market are Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V, Lutron Electronics Co. Inc, Leviton Manufacturing, Legrand North America, LLC.
The lighting management system market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lighting Management 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 Management System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lighting Management 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 Management 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 Management System Market Size & Forecast, 2020-2028 4.5.1 Lighting Management System Market Size and Y-o-Y Growth 4.5.2 Lighting Management 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 Daylight Sensors
5.2.2 Occupancy Sensors
5.2.3 Programmable Ballasts
5.2.4 User Interfaces
5.2.5 Others
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 Residential
6.2.2 Commercial
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lighting Management 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 Management 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 Daylight Sensors
9.6.2 Occupancy Sensors
9.6.3 Programmable Ballasts
9.6.4 User Interfaces
9.6.5 Others
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 Residential
9.10.2 Commercial
9.10.3 Industrial
9.10.4 Others
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 Daylight Sensors
10.6.2 Occupancy Sensors
10.6.3 Programmable Ballasts
10.6.4 User Interfaces
10.6.5 Others
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 Residential
10.10.2 Commercial
10.10.3 Industrial
10.10.4 Others
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 Daylight Sensors
11.6.2 Occupancy Sensors
11.6.3 Programmable Ballasts
11.6.4 User Interfaces
11.6.5 Others
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 Residential
11.10.2 Commercial
11.10.3 Industrial
11.10.4 Others
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 Daylight Sensors
12.6.2 Occupancy Sensors
12.6.3 Programmable Ballasts
12.6.4 User Interfaces
12.6.5 Others
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 Residential
12.10.2 Commercial
12.10.3 Industrial
12.10.4 Others
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 Daylight Sensors
13.6.2 Occupancy Sensors
13.6.3 Programmable Ballasts
13.6.4 User Interfaces
13.6.5 Others
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 Residential
13.10.2 Commercial
13.10.3 Industrial
13.10.4 Others
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 Management System Market: Competitive Dashboard
14.2 Global Lighting Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 General Electric Corporation
14.3.3 OSRAM Licht AG
14.3.4 Siemens AG
14.3.5 LG Electronics
14.3.6 Legrand
14.3.7 Koninklijke Philips N.V
14.3.8 Lutron Electronics Co. Inc
14.3.9 Leviton Manufacturing
14.3.10 Legrand North America, LLC