The global smart bulb market is expected to reach USD 3.5 billion by 2030, at a CAGR of 12.98% during 2019 and 2025.The market is segmented on the basis of type, application, and region. The type segment includes ZigBee, WFi, Bluetooth; the application segment includes home, office, shopping mall/hospitality industry; and the region segment includes North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
In Smart Bulb Market Home holds an important share in terms of applications and it is expected to reach a volume of 27456 K Units by 2025 at a CAGR of 12.98% during 2019-2025.
- The growth in the market is attributed to the increasing demand for energy efficient lighting solutions, which are more cost effective and environmentally friendly than traditional light sources such as incandescent bulbs and fluorescent lamps.
- Smart bulb manufacturers are also focusing on developing new features that will make their products more attractive to consumers, such as voice control, remote access, and compatibility with other smart home devices like thermostats and security systems.
- The increasing adoption of LED technology in homes has been one of the key drivers for the growth in this market.
Industry Growth Insights published a new data on “Smart Bulb Market”. The research report is titled “Smart Bulb Market research by Types (ZigBee, Wi-Fi, Bluetooth, Others), By Applications (Home, Office, Shopping, Hospitality, Others, In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.), By Players/Companies Philips Lighting, General Electric Company, LIFX (Buddy), OSRAM, Sengled, Cree, iLumi solutions, Feit Electric, Yeelight, TCP, Huawei, Revogi”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Bulb Market Research Report
By Type
ZigBee, Wi-Fi, Bluetooth, Others
By Application
Home, Office, Shopping, Hospitality, Others, In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
By Companies
Philips Lighting, General Electric Company, LIFX (Buddy), OSRAM, Sengled, Cree, iLumi solutions, Feit Electric, Yeelight, TCP, Huawei, Revogi
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Smart Bulb Market Report Segments:
The global Smart Bulb market is segmented on the basis of:
Types
ZigBee, Wi-Fi, Bluetooth, 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
Home, Office, Shopping, Hospitality, Others, In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
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:
- Philips Lighting
- General Electric Company
- LIFX (Buddy)
- OSRAM
- Sengled
- Cree
- iLumi solutions
- Feit Electric
- Yeelight
- TCP
- Huawei
- Revogi
Highlights of The Smart Bulb 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:
- ZigBee
- Wi-Fi
- Bluetooth
- Others
- By Application:
- Home
- Office
- Shopping
- Hospitality
- Others
- In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
- 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 Bulb 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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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?
A smart bulb is a lightbulb that can be controlled through an app or a remote. This allows you to turn the light on and off, change the brightness, and set timers.
Some of the major companies in the smart bulb market are Philips Lighting, General Electric Company, LIFX (Buddy), OSRAM, Sengled, Cree, iLumi solutions, Feit Electric, Yeelight, TCP, Huawei, Revogi.
The smart bulb market is expected to grow at a compound annual growth rate of 12.98%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Bulb 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. Smart Bulb Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Bulb Market - Supply Chain
4.5. Global Smart Bulb Market Forecast
4.5.1. Smart Bulb Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Bulb Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Bulb Market Absolute $ Opportunity
5. Global Smart Bulb 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. Smart Bulb Market Size and Volume Forecast by Type
5.3.1. ZigBee
5.3.2. Wi-Fi
5.3.3. Bluetooth
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Bulb 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. Smart Bulb Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Office
6.3.3. Shopping
6.3.4. Hospitality
6.3.5. Others
6.3.6. In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Bulb 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. Smart Bulb 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 Smart Bulb 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. Smart Bulb 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 Smart Bulb Demand Share Forecast, 2019-2026
9. North America Smart Bulb 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 Smart Bulb 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 Smart Bulb Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Office
9.4.3. Shopping
9.4.4. Hospitality
9.4.5. Others
9.4.6. In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Bulb Market Size and Volume Forecast by Type
9.7.1. ZigBee
9.7.2. Wi-Fi
9.7.3. Bluetooth
9.7.4. Others
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 Smart Bulb Demand Share Forecast, 2019-2026
10. Latin America Smart Bulb 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 Smart Bulb 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 Smart Bulb Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Office
10.4.3. Shopping
10.4.4. Hospitality
10.4.5. Others
10.4.6. In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Bulb Market Size and Volume Forecast by Type
10.7.1. ZigBee
10.7.2. Wi-Fi
10.7.3. Bluetooth
10.7.4. Others
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 Smart Bulb Demand Share Forecast, 2019-2026
11. Europe Smart Bulb 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 Smart Bulb 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 Smart Bulb Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Office
11.4.3. Shopping
11.4.4. Hospitality
11.4.5. Others
11.4.6. In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Bulb Market Size and Volume Forecast by Type
11.7.1. ZigBee
11.7.2. Wi-Fi
11.7.3. Bluetooth
11.7.4. Others
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 Smart Bulb Demand Share, 2019-2026
12. Asia Pacific Smart Bulb 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 Smart Bulb 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 Smart Bulb Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Office
12.4.3. Shopping
12.4.4. Hospitality
12.4.5. Others
12.4.6. In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Bulb Market Size and Volume Forecast by Type
12.7.1. ZigBee
12.7.2. Wi-Fi
12.7.3. Bluetooth
12.7.4. Others
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 Smart Bulb Demand Share, 2019-2026
13. Middle East & Africa Smart Bulb 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 Smart Bulb 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 Smart Bulb Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Office
13.4.3. Shopping
13.4.4. Hospitality
13.4.5. Others
13.4.6. In Smart Bulb market, the Home holds an important share in terms of applications, and it is expected to reach a volume of 27456 (K Units) by 2025, at a CAGR of 12.98% during 2019 and 2025.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Bulb Market Size and Volume Forecast by Type
13.7.1. ZigBee
13.7.2. Wi-Fi
13.7.3. Bluetooth
13.7.4. Others
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 Smart Bulb Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Bulb Market: Market Share Analysis
14.2. Smart Bulb Distributors and Customers
14.3. Smart Bulb Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. General Electric Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. LIFX (Buddy)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OSRAM
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sengled
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cree
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. iLumi solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Feit Electric
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yeelight
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TCP
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Huawei
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Revogi
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
