Market Overview:
The global wireless lighting products 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 and the growing trend of smart homes. In terms of type, the Wi-Fi wireless lighting products segment is expected to hold the largest share of the global wireless lighting products market during the forecast period. This can be attributed to factors such as ease of installation and low power consumption.
Product Definition:
Wireless Lighting Products refers to lighting products that can be controlled wirelessly. They are usually used in places where traditional wiring is not possible or too difficult. Wireless Lighting Products are important because they provide an easy and convenient way to control lighting, without having to deal with wires.
Wi-Fi Wireless Lighting Products:
Wi-Fi wireless lighting products are the products that use the Wi-Fi technology for providing a lighting solution. It is one of the latest innovations in home automation technologies and has been gaining popularity among consumers due to its cost effectiveness, ease of installation, and flexibility. The global Wi-Fi wireless lighting products market size was valued at USD 2.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Bluetooth Wireless Lighting Products:
Bluetooth wireless lighting products are devices which are compatible with the Bluetooth technology and they work on the radio frequency of 2.4 GHz band to connect with other devices wirelessly. The major advantage of using this device is that there is no need for a wired connection as it works through radio frequency, hence it provides ease in setting up connections between multiple devices such as tablets, smartphones, laptops and television sets among others.
Application Insights:
The commercial use segment dominated the global wireless lighting products market in 2017. The growth of this segment can be attributed to the increasing adoption of LED and OLED displays across various sectors such as hospitality, retail, entertainment, museums and libraries. These displays are used for advertising or promotional purposes at commercial places such as shopping malls or railway stations.
The residential use segment is expected to witness significant growth over the forecast period owing to rising demand for smart lighting products with features such as dimming capability, color changing function and compatibility with smart home systems.
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 wireless lighting products for home and commercial use, growing demand for smart lights, and technological advancements in lighting control systems & infrastructure. Moreover, presence of key players such as Cree Inc.; Philips; Lutron Electronics Co., Inc.; and iLuv inc. has contributed significantly toward regional growth over the past years.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels among consumers coupled with rapid urbanization trends across emerging economies including China & India thereby fueling product demand at retail stores as well as online shopping portals across these countries. Furthermore, increasing investments by prominent industry players toward expansion of distribution channels within APAC are projected to further fuel market development opportunities for wireless lighting products in this region during the same period (2018 - 2030).
Growth Factors:
- Increasing demand for wireless lighting products in the commercial sector on account of growing awareness about energy efficiency and its benefits.
- Rising demand for LED-based wireless lighting products on account of their energy-efficiency and long life span as compared to traditional light sources.
- Growing popularity of smart home technologies that enable users to control various devices, including lights, through a single interface, is expected to boost the demand for wireless lighting products in the coming years.
- Rapid advancements in semiconductor technology are helping manufacturers develop more efficient and affordable LED-based wireless lighting products, which is likely to spur market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Lighting Products Market Research Report
By Type
Wi-Fi Wireless Lighting Products, Bluetooth Wireless Lighting Products, Others
By Application
Commercial Use, Residential Use
By Companies
Panasonic, GE, Schneider Electric, Acuity Brands Lighting, Hubbell, Honeywell, OSRAM Licht, Eaton, CREE, Philips
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Lighting Products Market Report Segments:
The global Wireless Lighting Products market is segmented on the basis of:
Types
Wi-Fi Wireless Lighting Products, Bluetooth Wireless Lighting Products, 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
Commercial Use, Residential Use
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:
- Panasonic
- GE
- Schneider Electric
- Acuity Brands Lighting
- Hubbell
- Honeywell
- OSRAM Licht
- Eaton
- CREE
- Philips
Highlights of The Wireless Lighting Products 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:
- Wi-Fi Wireless Lighting Products
- Bluetooth Wireless Lighting Products
- Others
- By Application:
- Commercial Use
- Residential Use
- 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 Wireless Lighting Products 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?
Wireless Lighting Products is a company that manufactures and sells lighting products that use wireless technology. These products include light bulbs, lamps, and other devices. Wireless Lighting Products also offers services such as installation and support for these products.
Some of the key players operating in the wireless lighting products market are Panasonic, GE, Schneider Electric, Acuity Brands Lighting, Hubbell, Honeywell, OSRAM Licht, Eaton, CREE, Philips.
The wireless lighting products 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 Wireless Lighting Products 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 Wireless Lighting Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wireless Lighting Products 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 Wireless Lighting Products 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 Wireless Lighting Products Market Size & Forecast, 2020-2028
4.5.1 Wireless Lighting Products Market Size and Y-o-Y Growth
4.5.2 Wireless Lighting Products 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 Wi-Fi Wireless Lighting Products
5.2.2 Bluetooth Wireless Lighting Products
5.2.3 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 Commercial Use
6.2.2 Residential Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Lighting Products 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 Wireless Lighting Products 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 Wi-Fi Wireless Lighting Products
9.6.2 Bluetooth Wireless Lighting Products
9.6.3 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 Commercial Use
9.10.2 Residential Use
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 Wi-Fi Wireless Lighting Products
10.6.2 Bluetooth Wireless Lighting Products
10.6.3 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 Commercial Use
10.10.2 Residential Use
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 Wi-Fi Wireless Lighting Products
11.6.2 Bluetooth Wireless Lighting Products
11.6.3 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 Commercial Use
11.10.2 Residential Use
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 Wi-Fi Wireless Lighting Products
12.6.2 Bluetooth Wireless Lighting Products
12.6.3 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 Commercial Use
12.10.2 Residential Use
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 Wi-Fi Wireless Lighting Products
13.6.2 Bluetooth Wireless Lighting Products
13.6.3 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 Commercial Use
13.10.2 Residential Use
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 Wireless Lighting Products Market: Competitive Dashboard
14.2 Global Wireless Lighting Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 GE
14.3.3 Schneider Electric
14.3.4 Acuity Brands Lighting
14.3.5 Hubbell
14.3.6 Honeywell
14.3.7 OSRAM Licht
14.3.8 Eaton
14.3.9 CREE
14.3.10 Philips
