Market Overview:
The global luminaire and lighting control market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of using luminaire and lighting control systems. The wired segment is expected to dominate the global luminaire and lighting control market during the forecast period, owing to its low installation cost as compared to wireless systems. However, wireless systems are witnessing high growth rates due their ease of installation, flexibility, and scalability. In terms of application, indoor applications are expected to account for a larger share of the global luminaire and lighting control market during the forecast period. This can be attributed to factors such as rising demand for energy-efficient LED lights in commercial buildings and homes, stringent government regulations mandating energy-efficiency in buildings, etc.
Product Definition:
Luminaire is a complete lighting unit consisting of the light source, lamp holder, and associated hardware. Lighting Control is the use of switches, dimmers, timers or occupancy sensors to control when and how much light is emitted from a luminaire.
The importance of Luminaire and Lighting Control can be summed up in two words: energy savings. By using controls to dim or turn off lights when they are not needed, businesses can save money on their energy bills. In addition, properly-placed controls can also make a space more comfortable by providing just the right amount of light for the task at hand.
Wired:
Wired is a technology used to transmit data and power in the form of electric cables. It can be either temporary or permanent depending on the application. The most common wired applications include home appliances, computers, network infrastructure, telecom equipment and medical devices among others.
The global luminaire & lighting control market size was valued at USD 21 billion in 2016.
Wireless:
Wireless is a technology that uses radio-frequency (RF) signals to communicate. It does not require direct contact between the device and the receiver. Wireless technologies have been rapidly gaining popularity in both home and commercial applications owing to its several advantages such as convenience, flexibility, reduced wiring costs, and easy installation among others.
Application Insights:
The indoor application segment accounted for the largest share of over 70.0% in 2017. The growth can be attributed to increasing adoption of LED and HID light sources, which offer various advantages such as high quality, low energy consumption and cost-effectiveness over their counterparts. Furthermore, growing preference for controlled lighting in offices has been driving the demand for luminaire controllers with features such as dimming ability and compatibility with a wide range of light sources.
The outdoor application segment is expected to witness significant growth owing to rising consumer awareness regarding safety issues associated with public lighting systems at railway stations.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of automation and control systems across various industries, such as retail, hospitality, transportation & logistics, and entertainment sectors. Moreover, presence of key lighting manufacturers in this region has led to increased demand for advanced lighting control products and solutions.
Asia Pacific is projected to emerge as the fastest-growing regional market over the forecast period owing to rising investments by prominent players in developing countries such as China and India for manufacturing high-quality light sources with low costs. In addition, growing number of commercial buildings due to rapid urbanization is also anticipated drive growth in this region during the same period (2018 - 2030).
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of LED lighting
- Proliferation of smart buildings and the Internet of Things (IoT)
- Growing demand for customized lighting solutions
- Emergence of new applications for luminaire and lighting control
Scope Of The Report
Report Attributes
Report Details
Report Title
Luminaire and Lighting Control Market Research Report
By Type
Wired, Wireless
By Application
Indoor, Outdoor
By Companies
General Electric Co., Philips Lighting N.V., Cree, Inc., Legrand S.A., OSRAM Licht AG, Eaton Corporation, Lutron Electronics Co., Inc., Acuity Brands, Inc., Hubbell Incorporated, LSI Industries Inc.
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Luminaire and Lighting Control Market Report Segments:
The global Luminaire and Lighting Control market is segmented on the basis of:
Types
Wired, Wireless
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 Co.
- Philips Lighting N.V.
- Cree, Inc.
- Legrand S.A.
- OSRAM Licht AG
- Eaton Corporation
- Lutron Electronics Co., Inc.
- Acuity Brands, Inc.
- Hubbell Incorporated
- LSI Industries Inc.
Highlights of The Luminaire and Lighting Control 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:
- Wired
- Wireless
- 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 Luminaire and Lighting Control 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?
Luminaire and Lighting Control is the process of controlling the distribution, intensity and color of light in a space.
Some of the major companies in the luminaire and lighting control market are General Electric Co., Philips Lighting N.V., Cree, Inc., Legrand S.A., OSRAM Licht AG, Eaton Corporation, Lutron Electronics Co., Inc., Acuity Brands, Inc., Hubbell Incorporated, LSI Industries Inc..
The luminaire and lighting control market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Luminaire and Lighting Control 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 Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Size & Forecast, 2018-2028
4.5.1 Luminaire and Lighting Control Market Size and Y-o-Y Growth
4.5.2 Luminaire and Lighting Control Market Absolute $ Opportunity
Chapter 5 Global Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Size Forecast by Type
5.2.1 Wired
5.2.2 Wireless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Size Forecast by Applications
6.2.1 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luminaire and Lighting Control 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 Luminaire and Lighting Control 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 Luminaire and Lighting Control Analysis and Forecast
9.1 Introduction
9.2 North America Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Size Forecast by Type
9.6.1 Wired
9.6.2 Wireless
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 Luminaire and Lighting Control 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 Luminaire and Lighting Control Analysis and Forecast
10.1 Introduction
10.2 Europe Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Size Forecast by Type
10.6.1 Wired
10.6.2 Wireless
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 Luminaire and Lighting Control 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 Luminaire and Lighting Control Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Size Forecast by Type
11.6.1 Wired
11.6.2 Wireless
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 Luminaire and Lighting Control 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 Luminaire and Lighting Control Analysis and Forecast
12.1 Introduction
12.2 Latin America Luminaire and Lighting Control 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 Luminaire and Lighting Control Market Size Forecast by Type
12.6.1 Wired
12.6.2 Wireless
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 Luminaire and Lighting Control 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) Luminaire and Lighting Control Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luminaire and Lighting Control 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) Luminaire and Lighting Control Market Size Forecast by Type
13.6.1 Wired
13.6.2 Wireless
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) Luminaire and Lighting Control 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 Luminaire and Lighting Control Market: Competitive Dashboard
14.2 Global Luminaire and Lighting Control Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric Co.
14.3.2 Philips Lighting N.V.
14.3.3 Cree, Inc.
14.3.4 Legrand S.A.
14.3.5 OSRAM Licht AG
14.3.6 Eaton Corporation
14.3.7 Lutron Electronics Co., Inc.
14.3.8 Acuity Brands, Inc.
14.3.9 Hubbell Incorporated
14.3.10 LSI Industries Inc.
