The global residential connected lighting market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for energy-efficient lighting solutions and growing adoption of IoT-enabled devices in the residential sector.
WiFi, ZigBee, Wave, Bluetooth and Thread are some of the types of connected lighting technologies used in residential applications. WiFi technology has been widely adopted due to its low cost and ease of installation. ZigBee technology is also gaining traction due to its low power consumption and high reliability features.
- The residential connected lighting market is expected to grow at a CAGR of over 20% from 2017 to 2022.
- The increasing demand for energy efficient products and the need for better quality of life are some of the factors driving the growth of this market.
- The increasing penetration of LED technology in this market is also a major factor driving its growth, as LEDs consume less power than other light sources such as incandescent bulbs and CFLs, which will lead to lower electricity bills for consumers and increased adoption rates in residential lighting applications.
- Increasing awareness about the benefits offered by connected lighting solutions such as remote control, scheduling, dimming features etc, will also drive this market's growth during the forecast period (2017-2022).
- Connected lighting solutions offer significant benefits such as reduced maintenance costs due to their long lifespan and reduced installation costs due to their modular design that can be installed on any surface without any wiring or drilling required.
Industry Growth Insights published a new data on “Residential Connected Lighting Market”. The research report is titled “Residential Connected Lighting Market research by Types (WiFi, ZigBee, Z-Wave, Bluetooth, Thread), By Applications (Office Buildings, Schools, Hospitals, Residentials, Other), By Players/Companies OSRAM, GE Lighting, Philips Lighting, LIFX, Insteon, SYLVANIA, Leviton, Lutron, Cree Lighting, Feit, Belkin, Wink”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Connected Lighting Market Research Report
By Type
WiFi, ZigBee, Z-Wave, Bluetooth, Thread
By Application
Office Buildings, Schools, Hospitals, Residentials, Other
By Companies
OSRAM, GE Lighting, Philips Lighting, LIFX, Insteon, SYLVANIA, Leviton, Lutron, Cree Lighting, Feit, Belkin, Wink
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Residential Connected Lighting Market Report Segments:
The global Residential Connected Lighting market is segmented on the basis of:
Types
WiFi, ZigBee, Z-Wave, Bluetooth, Thread
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
Office Buildings, Schools, Hospitals, Residentials, Other
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:
- OSRAM
- GE Lighting
- Philips Lighting
- LIFX
- Insteon
- SYLVANIA
- Leviton
- Lutron
- Cree Lighting
- Feit
- Belkin
- Wink
Highlights of The Residential Connected Lighting 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:
- WiFi
- ZigBee
- Z-Wave
- Bluetooth
- Thread
- By Application:
- Office Buildings
- Schools
- Hospitals
- Residentials
- Other
- 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 Residential Connected Lighting 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.
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- Market Entry Strategies
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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?
Residential connected lighting is a type of smart home technology that allows homeowners to control their lights from their smartphones or other devices. This system can be used to turn on and off lights, set schedules, and even dim the lights in specific rooms.
Some of the major companies in the residential connected lighting market are OSRAM, GE Lighting, Philips Lighting, LIFX, Insteon, SYLVANIA, Leviton, Lutron, Cree Lighting, Feit, Belkin, Wink.
The residential connected lighting market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Residential Connected Lighting Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Residential Connected Lighting Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Residential Connected Lighting Market - Supply Chain
4.5. Global Residential Connected Lighting Market Forecast
4.5.1. Residential Connected Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Residential Connected Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Residential Connected Lighting Market Absolute $ Opportunity
5. Global Residential Connected Lighting Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Residential Connected Lighting Market Size and Volume Forecast by Type
5.3.1. WiFi
5.3.2. ZigBee
5.3.3. Z-Wave
5.3.4. Bluetooth
5.3.5. Thread
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Residential Connected Lighting Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Residential Connected Lighting Market Size and Volume Forecast by Application
6.3.1. Office Buildings
6.3.2. Schools
6.3.3. Hospitals
6.3.4. Residentials
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Residential Connected Lighting Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Residential Connected Lighting Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Residential Connected Lighting Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Residential Connected Lighting Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Residential Connected Lighting Demand Share Forecast, 2019-2026
9. North America Residential Connected Lighting Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Residential Connected Lighting Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Residential Connected Lighting Market Size and Volume Forecast by Application
9.4.1. Office Buildings
9.4.2. Schools
9.4.3. Hospitals
9.4.4. Residentials
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Residential Connected Lighting Market Size and Volume Forecast by Type
9.7.1. WiFi
9.7.2. ZigBee
9.7.3. Z-Wave
9.7.4. Bluetooth
9.7.5. Thread
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Residential Connected Lighting Demand Share Forecast, 2019-2026
10. Latin America Residential Connected Lighting Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Residential Connected Lighting Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Residential Connected Lighting Market Size and Volume Forecast by Application
10.4.1. Office Buildings
10.4.2. Schools
10.4.3. Hospitals
10.4.4. Residentials
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Residential Connected Lighting Market Size and Volume Forecast by Type
10.7.1. WiFi
10.7.2. ZigBee
10.7.3. Z-Wave
10.7.4. Bluetooth
10.7.5. Thread
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Residential Connected Lighting Demand Share Forecast, 2019-2026
11. Europe Residential Connected Lighting Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Residential Connected Lighting Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Residential Connected Lighting Market Size and Volume Forecast by Application
11.4.1. Office Buildings
11.4.2. Schools
11.4.3. Hospitals
11.4.4. Residentials
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Residential Connected Lighting Market Size and Volume Forecast by Type
11.7.1. WiF
11.7.2. ZigBee
11.7.3. Z-Wave
11.7.4. Bluetooth
11.7.5. Thread
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Residential Connected Lighting Demand Share, 2019-2026
12. Asia Pacific Residential Connected Lighting Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Residential Connected Lighting Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Residential Connected Lighting Market Size and Volume Forecast by Application
12.4.1. Office Buildings
12.4.2. Schools
12.4.3. Hospitals
12.4.4. Residentials
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Residential Connected Lighting Market Size and Volume Forecast by Type
12.7.1. WiFi
12.7.2. ZigBee
12.7.3. Z-Wave
12.7.4. Bluetooth
12.7.5. Thread
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Residential Connected Lighting Demand Share, 2019-2026
13. Middle East & Africa Residential Connected Lighting Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Residential Connected Lighting Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Residential Connected Lighting Market Size and Volume Forecast by Application
13.4.1. Office Buildings
13.4.2. Schools
13.4.3. Hospitals
13.4.4. Residentials
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Residential Connected Lighting Market Size and Volume Forecast by Type
13.7.1. WiFi
13.7.2. ZigBee
13.7.3. Z-Wave
13.7.4. Bluetooth
13.7.5. Thread
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Residential Connected Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Residential Connected Lighting Market: Market Share Analysis
14.2. Residential Connected Lighting Distributors and Customers
14.3. Residential Connected Lighting Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OSRAM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Lighting
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Philips Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LIFX
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Insteon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SYLVANIA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Leviton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lutron
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cree Lighting
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Feit
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Belkin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wink
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
