Market Overview:
The global smart ceiling light market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient lighting solutions and the growing awareness about the benefits of using smart ceiling lights. The global smart ceiling light market is segmented on the basis of type, application, and region. On the basis of type, it is divided into incandescent light, fluorescent light, LED light, and others (halogen lamps and high-intensity discharge lamps). LED lights are expected to witness highest growth during the forecast period owing to their energy efficiency and long life span as compared to other types of lights. On the basis of application, it is segmented into commercial buildings, residential buildings, and others (industrial applications and outdoor applications). Commercial buildings are expected to account for a major share in terms of revenue in this market due to rising demand from offices and retail spaces.
Product Definition:
A Smart Ceiling Light is a type of ceiling light that can be controlled by a smart device, such as a phone or tablet. This type of light can be used to control things like the brightness and color of the light, as well as to turn the light on and off.
Incandescent Light:
The incandescent light is a direct current electric lamp that produces light by means of an filament (positively charged particle) heated to high temperature. The most common types of incandescent lights are the ones used in table lamps and the ones used as streetlights.
Incandescent lights have several advantages over fluorescent.
Fluorescent Light:
Fluorescent light is a semiconductor light source which produces visible light by the mechanism of fluorescent process. It contains a small quantity of energy-saving element called as fluorescent tube, it makes the phosphor coating to give out bright light. Fluorescent lights are available in different shapes and sizes but they have common feature that they contain filament, an electrical connection and protective glass covering.
Application Insights:
The commercial buildings application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing adoption of energy-efficient lighting solutions across offices, retail stores and malls, educational buildings, hospitals and healthcare facilities, hotels and restaurants among other public places such as airports and railway stations.
Residential building is expected to be one of the fastest-growing application segments over the forecast period owing to rising demand for smart lighting products that offer functionalities such as security monitoring by motion or sound activated lights along with smartphone applications that enable users control various aspects of a particular light bulb or group of bulbs from anywhere in world.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing investments in commercial and residential construction sectors. For instance, according to the World Bank, GDP growth in China was 6.9% in 2016 as compared to 7% recorded in 2015 which boosted infrastructure development including construction of offices, shops and houses thereby driving the smart ceiling light market demand across this region. Moreover, growing awareness regarding energy conservation is anticipated to further propel product demand over the forecast period.
Europe accounted for more than 25% share of global revenue owing rising adoption by commercial buildings especially hotels.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Rising awareness about the benefits of smart ceiling lights
- Growing popularity of LED technology
- Proliferation of Internet of Things (IoT) devices and platforms
- Emerging applications for smart ceiling lights
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Ceiling Light Market Research Report
By Type
Incandescent Light, Fluorescent Light, LED Light
By Application
Commercial Buildings, Residential Buildings, Others
By Companies
Xiao Mi, Aqara, Philips, Panasonici, FSL, Atomi Smart, Netease, Xiao Mi
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Smart Ceiling Light Market Report Segments:
The global Smart Ceiling Light market is segmented on the basis of:
Types
Incandescent Light, Fluorescent Light, LED Light
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
Commercial Buildings, Residential Buildings, 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:
- Xiao Mi
- Aqara
- Philips
- Panasonici
- FSL
- Atomi Smart
- Netease
- Xiao Mi
Highlights of The Smart Ceiling Light 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:
- Incandescent Light
- Fluorescent Light
- LED Light
- By Application:
- Commercial Buildings
- Residential Buildings
- 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 Smart Ceiling Light 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?
Smart Ceiling Light is a new type of lighting that can be controlled by your smartphone. You can use it to turn on and off, change the brightness, or set a schedule.
Some of the major players in the smart ceiling light market are Xiao Mi, Aqara, Philips, Panasonici, FSL, Atomi Smart, Netease, Xiao Mi.
The smart ceiling light 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 Smart Ceiling Light 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 Smart Ceiling Light Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Ceiling Light 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 Smart Ceiling Light 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 Smart Ceiling Light Market Size & Forecast, 2018-2028
4.5.1 Smart Ceiling Light Market Size and Y-o-Y Growth
4.5.2 Smart Ceiling Light Market Absolute $ Opportunity
Chapter 5 Global Smart Ceiling Light 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 Smart Ceiling Light Market Size Forecast by Type
5.2.1 Incandescent Light
5.2.2 Fluorescent Light
5.2.3 LED Light
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Ceiling Light 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 Smart Ceiling Light Market Size Forecast by Applications
6.2.1 Commercial Buildings
6.2.2 Residential Buildings
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Ceiling Light 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 Smart Ceiling Light 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 Smart Ceiling Light Analysis and Forecast
9.1 Introduction
9.2 North America Smart Ceiling Light 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 Smart Ceiling Light Market Size Forecast by Type
9.6.1 Incandescent Light
9.6.2 Fluorescent Light
9.6.3 LED Light
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 Smart Ceiling Light Market Size Forecast by Applications
9.10.1 Commercial Buildings
9.10.2 Residential Buildings
9.10.3 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 Smart Ceiling Light Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Ceiling Light 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 Smart Ceiling Light Market Size Forecast by Type
10.6.1 Incandescent Light
10.6.2 Fluorescent Light
10.6.3 LED Light
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 Smart Ceiling Light Market Size Forecast by Applications
10.10.1 Commercial Buildings
10.10.2 Residential Buildings
10.10.3 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 Smart Ceiling Light Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Ceiling Light 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 Smart Ceiling Light Market Size Forecast by Type
11.6.1 Incandescent Light
11.6.2 Fluorescent Light
11.6.3 LED Light
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 Smart Ceiling Light Market Size Forecast by Applications
11.10.1 Commercial Buildings
11.10.2 Residential Buildings
11.10.3 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 Smart Ceiling Light Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Ceiling Light 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 Smart Ceiling Light Market Size Forecast by Type
12.6.1 Incandescent Light
12.6.2 Fluorescent Light
12.6.3 LED Light
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 Smart Ceiling Light Market Size Forecast by Applications
12.10.1 Commercial Buildings
12.10.2 Residential Buildings
12.10.3 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) Smart Ceiling Light Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Ceiling Light 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) Smart Ceiling Light Market Size Forecast by Type
13.6.1 Incandescent Light
13.6.2 Fluorescent Light
13.6.3 LED Light
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) Smart Ceiling Light Market Size Forecast by Applications
13.10.1 Commercial Buildings
13.10.2 Residential Buildings
13.10.3 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 Smart Ceiling Light Market: Competitive Dashboard
14.2 Global Smart Ceiling Light Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Xiao Mi
14.3.2 Aqara
14.3.3 Philips
14.3.4 Panasonici
14.3.5 FSL
14.3.6 Atomi Smart
14.3.7 Netease
14.3.8 Xiao Mi
