Market Overview:
The global smart lighting and control systems market is expected to grow at a CAGR of 10.8% 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, growing awareness about the benefits of smart lighting, and rising adoption of LED lights. The global smart lighting and control systems market can be segmented on the basis of type into smartphone enabled technology, daylight sensing technology, proximity sensing technology, and others. On the basis of application, the market can be divided into residential applications, industrial applications, commercial applications, outdoor lighting applications,, and others.However,.
Product Definition:
Smart Lighting and Control Systems are defined as a system that allows for the automatic or manual control of lighting levels in response to various environmental conditions. This could include occupancy sensors, daylight harvesting sensors, and/or weather data. The purpose of these systems is to improve energy efficiency, occupant comfort, and safety while reducing operating costs.
Smartphone Enabled Technology:
Smartphone enabled technology is the integration of electronic devices with smartphones or mobile phones. The smartphone enables technology uses various sensors in order to measure light, temperature, proximity and other such parameters which are then used by the application software in order to perform a certain task. This technology has been around for quite some time but only recently have we started realizing its full potential.
Daylight Sensing Technology:
daylight sensing technology and it's usage in smart lighting and control systems market is expected to witness significant growth over the forecast period. The demand for energy-efficient lighting solutions is increasing globally owing to rising concerns about reducing carbon footprint along with other environmental issues. This has led companies such as Philips, Osram, Samsung Electronics Co., Ltd., GE Lighting, Eaton Corporation Plc., etc.
Application Insights:
The others application segment includes security, entertainment, and automotive applications. The growing adoption of smart lighting systems for security purposes is expected to drive the market over the forecast period. With an increase in digitalization across all sectors, there has been a rise in demand for connected devices such as smart meters and sensors that can be used to monitor energy consumption and facilitate real-time data transmission. This is further anticipated to fuel industry growth over the coming years.
The increasing need for controlling access points at corporate offices or industrial facilities through wireless sensor networks is projected to foster industry growth over the coming years. Moreover, with advancements in technology companies are focusing on integrating their products with third-party solutions thereby enhancing customer experience resulting in increased revenue generation activities by vendors across various regions globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well, owing to increasing adoption of smart lighting and control systems in residential applications. Furthermore, presence of key players such as Cree Inc.; GE Lighting; and Philips Luminaire will continue to propel industry growth over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 due high adoption rates of advanced technologies across various application sectors such as industrial, commercial, outdoor lighting etc., especially in China and India.
The Middle East & Africa market has huge potential for development on account of increasing government initiatives pertaining towards implementation/adoption of energy-efficient technologies across countries including Saudi Arabia.
Growth Factors:
- Increasing demand for energy-efficient lighting systems
- Rising awareness about the benefits of smart lighting and control systems
- Growing number of construction projects and renovation activities worldwide
- Proliferation of Internet of Things (IoT) and big data analytics technologies
- Emergence of new applications for smart lighting and control systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Lighting and Control Systems Market Research Report
By Type
Smartphone Enabled Technology, Daylight Sensing Technology, Proximity Sensing Technology
By Application
Residential, Industrial, Commercial, Outdoor Lighting, Others
By Companies
Eaton Corporation（The U.S), Acuity Brands（The U.S）, Elgato Systems（Germany）, Honeywell International（The U.S), Lutron Electronics（The U.S), General Electric Company（The U.S）, Koninklijke Philips NV（Netherlands）, Belkin International（The U.S)
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Smart Lighting and Control Systems Market Report Segments:
The global Smart Lighting and Control Systems market is segmented on the basis of:
Types
Smartphone Enabled Technology, Daylight Sensing Technology, Proximity Sensing Technology
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, Industrial, Commercial, Outdoor Lighting, 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:
- Eaton Corporation（The U.S)
- Acuity Brands（The U.S）
- Elgato Systems（Germany）
- Honeywell International（The U.S)
- Lutron Electronics（The U.S)
- General Electric Company（The U.S）
- Koninklijke Philips NV（Netherlands）
- Belkin International（The U.S)
Highlights of The Smart Lighting and Control Systems 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:
- Smartphone Enabled Technology
- Daylight Sensing Technology
- Proximity Sensing Technology
- By Application:
- Residential
- Industrial
- Commercial
- Outdoor Lighting
- 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 Lighting and Control Systems 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 Lighting and Control Systems are systems that allow users to control the color, brightness, and other features of lights in their environment. They can be used to create a variety of different effects, from simple ambient lighting to specific task lighting. Smart Lighting and Control Systems can also be used to manage energy consumption by automatically turning off lights when they are not needed.
Some of the major players in the smart lighting and control systems market are Eaton Corporation（The U.S), Acuity Brands（The U.S）, Elgato Systems（Germany）, Honeywell International（The U.S), Lutron Electronics（The U.S), General Electric Company（The U.S）, Koninklijke Philips NV（Netherlands）, Belkin International（The U.S).
The smart lighting and control systems 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 Smart Lighting and Control Systems 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 Lighting and Control Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Lighting and Control Systems 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 Lighting and Control Systems 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 Lighting and Control Systems Market Size & Forecast, 2020-2028
4.5.1 Smart Lighting and Control Systems Market Size and Y-o-Y Growth
4.5.2 Smart Lighting and Control Systems 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 Smartphone Enabled Technology
5.2.2 Daylight Sensing Technology
5.2.3 Proximity Sensing Technology
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 Industrial
6.2.3 Commercial
6.2.4 Outdoor Lighting
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Lighting and Control Systems 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 Lighting and Control Systems 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 Smartphone Enabled Technology
9.6.2 Daylight Sensing Technology
9.6.3 Proximity Sensing Technology
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 Industrial
9.10.3 Commercial
9.10.4 Outdoor Lighting
9.10.5 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 Smartphone Enabled Technology
10.6.2 Daylight Sensing Technology
10.6.3 Proximity Sensing Technology
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 Industrial
10.10.3 Commercial
10.10.4 Outdoor Lighting
10.10.5 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 Smartphone Enabled Technology
11.6.2 Daylight Sensing Technology
11.6.3 Proximity Sensing Technology
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 Industrial
11.10.3 Commercial
11.10.4 Outdoor Lighting
11.10.5 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 Smartphone Enabled Technology
12.6.2 Daylight Sensing Technology
12.6.3 Proximity Sensing Technology
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 Industrial
12.10.3 Commercial
12.10.4 Outdoor Lighting
12.10.5 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 Smartphone Enabled Technology
13.6.2 Daylight Sensing Technology
13.6.3 Proximity Sensing Technology
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 Industrial
13.10.3 Commercial
13.10.4 Outdoor Lighting
13.10.5 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 Lighting and Control Systems Market: Competitive Dashboard
14.2 Global Smart Lighting and Control Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton Corporation（The U.S)
14.3.2 Acuity Brands（The U.S）
14.3.3 Elgato Systems（Germany）
14.3.4 Honeywell International（The U.S)
14.3.5 Lutron Electronics（The U.S)
14.3.6 General Electric Company（The U.S）
14.3.7 Koninklijke Philips NV（Netherlands）
14.3.8 Belkin International（The U.S)
