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Global Smart Lighting Market Report 2024

Smart Lighting Global Market Report 2024 – By Product (Smart Bulbs, Fixtures, Lighting Controls), By Light Source (LED, HID, Other Light Sources), By Communication Technology (Wired, Wireless), By Application (Commercial, Government, Residential, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Smart Lighting Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Smart Lighting Market Definition

Smart lighting is defined as lighting technology for smart homes connected to the internet. The use of sensors for instances such as automatic light dimming or adjusting the brightness of light depending on the mood of the user are some of the features of smart lighting. A smart lighting system ensures high-cost savings and lower energy usage.

The smart lighting is of different types such as smart bulbs, fixtures and lighting controls and provide light through various sources such as LED, HID and other light sources. Smart bulbs are controlled using an app or smartphone to turn on and off. Smart lighting use two types of communication technology such as wired and wireless and applied across commercial, governmental, residential and other areas.

Smart Lighting Market Segmentation

The smart lighting market covered in this report is segmented –

1) By Product: Smart Bulbs, Fixtures, Lighting Controls

2) By Light Source: LED, HID, Other Light Sources

3) By Communication Technology: Wired, Wireless

4) By Application: Commercial, Government, Residential, Other Applications

Global Smart Lighting Market Size 2023 to 2028: Graph

Smart Lighting Market Size 2024 And Growth Rate

The smart lighting market size has grown rapidly in recent years. It will grow from $15.55 billion in 2023 to $18.37 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to increase in voice assistant devices, strong economic growth in emerging markets, low interest rate environment, increase in internet penetration, high investments.

Smart Lighting Market Growth Forecast

The smart lighting market size is expected to see exponential growth in the next few years. It will grow to $38.55 billion in 2028 at a compound annual growth rate (CAGR) of 20.4%. The growth in the forecast period can be attributed to rising investments in energy efficient infrastructure, evolving smart cities, favorable government initiatives, increasing iot. Major trends in the forecast period include manufacturing wi-fi enabled led bulbs, adopting lifi technology to employ high speed two-way wireless communications for the workplace, investing in human-centric lighting (hcl) to optimize building efficiency for resident protection and safety, adopting iot smart lighting technologies to enhance user experience and safety, adopting mergers and acquisitions to expand their existing product portfolio and geographical presence, focusing on new product launches to meet the market demand.

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Smart Lighting Market Driver: Government Backing Drives Smart Lighting Market Growth Worldwide

Government support in developed and developing economies drive the growth of the smart lighting market. The growth of the smart lighting market in emerging markets is reinforced by the increase in disposable incomes, regulatory support in using energy-efficient lights, and the incorporation of advanced technologies. A smart lighting system confirms high-cost savings and lower energy consumption. For instance, in December 2021, according to a press release issued by the Government of India, Ministry of Power, projects worth $4.12 billion (Rs. 30,904 crore) were sanctioned under the Integrated Power Development Scheme (IPDS). Therefore, supportive government plans increase the demand for smart lights thus propelling the market for smart lighting.

Smart Lighting Market Driver: Smart City Initiatives Drive Smart Lighting Growth

The increasing number of smart city projects is expected to propel the growth of the smart lighting market going forward. A smart city is a city that uses digital technology and data-driven solutions to enhance performance and well-being and reduce costs and resource consumption. Smart cities drive the adoption of smart lighting by prioritizing energy efficiency, data-driven control, and sustainable urban development, leading to more intelligent and eco-friendly lighting solutions. For instance, in 2023, according to the IMD Smart City Index Report, a Switzerland-based business school, the number of smart cities has increased from 118 cities in 2021 to 141 cities in 2023. Therefore, the increasing number of smart city projects is driving the growth of the smart lighting market.

Global Smart Lighting Market Major Players

Major companies operating in the smart lighting market report are Schneider Electric SA, Cisco Systems Inc., Honeywell Inc., Signify Holding, Eaton, Legrand S.A, Acuity Brands Inc., Wipro, Zumtobel Group AG, OSRAM GmbH, Philips Investment Co. Ltd, Cree company china, SSK Group, Halonix, Param LED Products, MLS Lighting, NVC International Holdings Limited, OPPLE Lighting, San’an Optoelectronics Co., Ltd, Meka Electric Corporation, YEELIGHT, Odeer Lighting, Longhorn Intelligent Tech Co., LTD, Contrac Lighting, PULSAR, Apollo Lighting Ltd, LED Light Vision, FLUX LIGHTING, Eleti Lighting Germany, ELEKTRA GMBH, NEONICA POLSKA, ART META, Altavola Design, Lumines Lighting, TREVOS, Varton, GE Lighting, Acuity Brands, LSI Industries Inc., Energy Focus, Inc., Lumileds, Deco Lighting, Frederico Lopes Leal, Light Tool Industries E Comercio Ltd., Studio dois emme iluminação, Veta Energia, Idoler Iluminacion, Ledolas, Lutron, Hafele

Global Smart Lighting Market Restraint: Health Concerns Hinder Smart Lighting Market Growth

The harmful effects of smart lights such as LEDs on health restricts the growth of smart lighting market. Smart lights such as LEDs uses shortwave light, often called “cool” in color. The prolonged continuous exposure to this light may damage the vision of a person. For instance, in August 2021, according to an article published by Ultralase, a UK-based healthcare company, LED lights are 'phototoxic,' which means they can cause irreversible retinal cell loss and impaired vision clarity. Chronic exposure to LED lights can hasten the ageing of retinal tissue, resulting in a loss of visual acuity and an increased risk of eye illnesses such age-related macular degeneration (AMD).

Global Smart Lighting Market Trend: Transforming General Lighting And Wireless Data Communication

The use of Li-fi (Light Fidelity) network is the latest trend in the smart lighting market. Li-Fi is a wireless optical networking technology that uses light-emitting diodes (LEDs) for data transmission. The Li-fi bulbs are equipped with a small chip that modulates the light used for data transmission. The common household LED light bulbs are used to enable data transfer with speeds up to 224 gigabits per second. Keeping up with the trend, in February 2023, PureLiFi launched Light Antenna ONE, a LiFi module that is ready for mass integration into billions of devices. It is the first-of-its-kind wireless communications antenna that enables LiFi to connect devices at scale. The device is smaller than a dime and is ready to enable LiFi on connected devices.

Global Smart Lighting Market Trend: Environmentally-Friendly Led Bulbs Transform The Smart Lighting Market

Major companies operating in the smart lighting market are increasing their focus on introducing environment-friendly LED bulbs, such as Philips Ultra Efficient LED bulbs, to maximize revenue in the market. Philips Ultra Efficient LED bulbs are a range of energy-saving light bulbs that offer significant benefits in terms of energy consumption. For instance, in April 2023, Signify N.V., a Netherlands-based lighting company, launched Philips Ultra Efficient LED bulbs. These bulbs are up to 60% more energy-efficient than standard Philips LED bulbs and have a lifespan of up to 50,000 hours. Philips Ultra Efficient LED bulbs are available in various shapes and sizes, including A19, A21, and BR30, as well as multiple color temperatures such as warm white, cool white, and daylight.

Smart Lighting Market Merger And Acquisition: Glamox Expands Smart Lighting Portfolio With Acquisition Of Liteip Limited

In March 2021, Glamox, a US-based lighting company, acquired LiteIP Limited for an undisclosed amount. The acquisition is expected to help Glamox expand its portfolio of smart lighting solutions and strengthen its presence in the smart lighting market. LiteIP Limited is a UK-based company that specializes in the manufacturing of wireless lighting control systems.

Regional Analysis For The Global Smart Lighting Market

North America was the largest region in the smart lighting market in 2023. Western Europe was the second-largest region in the global smart lighting market share. The regions covered in the smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the smart lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain

The smart lighting market consists of sales of smart bulbs, smart light fixtures, smart lighting controls, and other smart lighting. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The smart lighting market research report is one of a series of new reports from The Business Research Company that provides smart lighting market statistics, including smart lighting industry global market size, regional shares, competitors with a smart lighting market share, detailed smart lighting market segments, market trends and opportunities, and any further data you may need to thrive in the smart lighting industry. This smart lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart Lighting Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $18.37 billion
Revenue Forecast In 2033 $38.55 billion
Growth Rate CAGR of 20.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product: Smart Bulbs, Fixtures, Lighting Controls
2) By Light Source: LED, HID, Other Light Sources
3) By Communication Technology: Wired, Wireless
4) By Application: Commercial, Government, Residential, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Schneider Electric SA; Cisco Systems Inc.; Honeywell Inc.; Signify Holding; Eaton; Legrand S.A; Acuity Brands Inc.; Wipro; Zumtobel Group AG; OSRAM GmbH; Philips Investment Co. Ltd; Cree company china; SSK Group; Halonix; Param LED Products; MLS Lighting; NVC International Holdings Limited; OPPLE Lighting; San’an Optoelectronics Co., Ltd; Meka Electric Corporation; YEELIGHT; Odeer Lighting; Longhorn Intelligent Tech Co., LTD; Contrac Lighting; PULSAR; Apollo Lighting Ltd; LED Light Vision; FLUX LIGHTING; Eleti Lighting Germany; ELEKTRA GMBH; NEONICA POLSKA; ART META; Altavola Design; Lumines Lighting; TREVOS; Varton; GE Lighting; Acuity Brands; LSI Industries Inc.; Energy Focus, Inc.; Lumileds; Deco Lighting; Frederico Lopes Leal; Light Tool Industries E Comercio Ltd.; Studio dois emme iluminação; Veta Energia; Idoler Iluminacion; Ledolas; Lutron; Hafele
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    Table Of Contents

    1. Executive Summary

    2. Smart Lighting Market Characteristics

    3. Smart Lighting Market Trends And Strategies

    4. Smart Lighting Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Smart Lighting Market Size and Growth

    5.1. Global Smart Lighting Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Smart Lighting Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Smart Lighting Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Smart Lighting Market Segmentation

    6.1. Global Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Smart Bulbs

    Fixtures

    Lighting Controls

    6.2. Global Smart Lighting Market, Segmentation By Light Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    LED

    HID

    Other Light Sources

    6.3. Global Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Wired

    Wireless

    6.4. Global Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commercial

    Government

    Residential

    Other Applications

    7. Smart Lighting Market Regional And Country Analysis

    7.1. Global Smart Lighting Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Smart Lighting Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Smart Lighting Market

    8.1. Asia-Pacific Smart Lighting Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Smart Lighting Market

    9.1. China Smart Lighting Market Overview

    9.2. China Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Smart Lighting Market

    10.1. India Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Smart Lighting Market

    11.1. Japan Smart Lighting Market Overview

    11.2. Japan Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Smart Lighting Market

    12.1. Australia Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Smart Lighting Market

    13.1. Indonesia Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Smart Lighting Market

    14.1. South Korea Smart Lighting Market Overview

    14.2. South Korea Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Smart Lighting Market

    15.1. Western Europe Smart Lighting Market Overview

    15.2. Western Europe Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Smart Lighting Market

    16.1. UK Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Smart Lighting Market

    17.1. Germany Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Smart Lighting Market

    18.1. France Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Smart Lighting Market

    19.1. Italy Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Smart Lighting Market

    20.1. Spain Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Smart Lighting Market

    21.1. Eastern Europe Smart Lighting Market Overview

    21.2. Eastern Europe Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Smart Lighting Market

    22.1. Russia Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Smart Lighting Market

    23.1. North America Smart Lighting Market Overview

    23.2. North America Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Smart Lighting Market

    24.1. USA Smart Lighting Market Overview

    24.2. USA Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Smart Lighting Market

    25.1. Canada Smart Lighting Market Overview

    25.2. Canada Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Smart Lighting Market

    26.1. South America Smart Lighting Market Overview

    26.2. South America Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Smart Lighting Market

    27.1. Brazil Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Smart Lighting Market

    28.1. Middle East Smart Lighting Market Overview

    28.2. Middle East Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Smart Lighting Market

    29.1. Africa Smart Lighting Market Overview

    29.2. Africa Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Smart Lighting Market Competitive Landscape And Company Profiles

    30.1. Smart Lighting Market Competitive Landscape

    30.2. Smart Lighting Market Company Profiles

    30.2.1. Schneider Electric SA

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Cisco Systems Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Honeywell Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Signify Holding

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Eaton

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Smart Lighting Market Other Major And Innovative Companies

    31.1. Legrand S.A

    31.2. Acuity Brands Inc.

    31.3. Wipro

    31.4. Zumtobel Group AG

    31.5. OSRAM GmbH

    31.6. Philips Investment Co. Ltd

    31.7. Cree company china

    31.8. SSK Group

    31.9. Halonix

    31.10. Param LED Products

    31.11. MLS Lighting

    31.12. NVC International Holdings Limited

    31.13. OPPLE Lighting

    31.14. San’an Optoelectronics Co., Ltd

    31.15. Meka Electric Corporation

    32. Global Smart Lighting Market Competitive Benchmarking

    33. Global Smart Lighting Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Smart Lighting Market

    35. Smart Lighting Market Future Outlook and Potential Analysis

    35.1 Smart Lighting Market In 2028 - Countries Offering Most New Opportunities

    35.2 Smart Lighting Market In 2028 - Segments Offering Most New Opportunities

    35.3 Smart Lighting Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Smart Lighting Market, Segmentation By Light Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Smart Lighting Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Smart Lighting Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Schneider Electric SA Financial Performance
  • Table 76: Cisco Systems Inc. Financial Performance
  • Table 77: Honeywell Inc. Financial Performance
  • Table 78: Signify Holding Financial Performance
  • Table 79: Eaton Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Smart Lighting Market, Segmentation By Light Source, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Smart Lighting Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Smart Lighting Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Schneider Electric SA Financial Performance
  • Figure 76: Cisco Systems Inc. Financial Performance
  • Figure 77: Honeywell Inc. Financial Performance
  • Figure 78: Signify Holding Financial Performance
  • Figure 79: Eaton Financial Performance

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Frequently Asked Questions

What is the definition of the smart lighting market?

Smart lighting is defined as lighting technology for smart homes connected to the internet. The use of sensors for instances such as automatic light dimming or adjusting the brightness of light depending on the mood of the user are some of the features of smart lighting. A smart lighting system ensures high-cost savings and lower energy usage. For further insights on the smart lighting market, request a sample here

How will the smart lighting market drivers and restraints affect the smart lighting market dynamics? What forces will shape the smart lighting industry going forward?

The smart lighting market major growth driver - Government Backing Drives Smart Lighting Market Growth Worldwide. For further insights on the smart lighting market, request a sample here

What is the forecast market size or the forecast market value of the smart lighting market?

The smart lighting market size has grown rapidly in recent years. It will grow from $15.55 billion in 2023 to $18.37 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to increase in voice assistant devices, strong economic growth in emerging markets, low interest rate environment, increase in internet penetration, high investments. The smart lighting market size is expected to see exponential growth in the next few years. It will grow to $38.55 billion in 2028 at a compound annual growth rate (CAGR) of 20.4%. The growth in the forecast period can be attributed to rising investments in energy efficient infrastructure, evolving smart cities, favorable government initiatives, increasing iot. Major trends in the forecast period include manufacturing wi-fi enabled led bulbs, adopting lifi technology to employ high speed two-way wireless communications for the workplace, investing in human-centric lighting (hcl) to optimize building efficiency for resident protection and safety, adopting iot smart lighting technologies to enhance user experience and safety, adopting mergers and acquisitions to expand their existing product portfolio and geographical presence, focusing on new product launches to meet the market demand. For further insights on the smart lighting market, request a sample here

How is the smart lighting market segmented?

The smart lighting market is segmented
1) By Product: Smart Bulbs, Fixtures, Lighting Controls
2) By Light Source: LED, HID, Other Light Sources
3) By Communication Technology: Wired, Wireless
4) By Application: Commercial, Government, Residential, Other ApplicationsFor further insights on the smart lighting market, request a sample here

Which region has the largest share of the smart lighting market? What are the other regions covered in the report?

North America was the largest region in the smart lighting market in 2023. Western Europe was the second-largest region in the global smart lighting market share. The regions covered in the smart lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the smart lighting market, request a sample here.

Who are the major players in the smart lighting market?

Major companies operating in the smart lighting market report are Schneider Electric SA, Cisco Systems Inc., Honeywell Inc., Signify Holding, Eaton, Legrand S.A, Acuity Brands Inc., Wipro, Zumtobel Group AG, OSRAM GmbH, Philips Investment Co. Ltd, Cree company china, SSK Group, Halonix, Param LED Products, MLS Lighting, NVC International Holdings Limited, OPPLE Lighting, San’an Optoelectronics Co., Ltd, Meka Electric Corporation, YEELIGHT, Odeer Lighting, Longhorn Intelligent Tech Co., LTD, Contrac Lighting, PULSAR, Apollo Lighting Ltd, LED Light Vision, FLUX LIGHTING, Eleti Lighting Germany, ELEKTRA GMBH, NEONICA POLSKA, ART META, Altavola Design, Lumines Lighting, TREVOS, Varton, GE Lighting, Acuity Brands, LSI Industries Inc., Energy Focus, Inc., Lumileds, Deco Lighting, Frederico Lopes Leal, Light Tool Industries E Comercio Ltd., Studio dois emme iluminação, Veta Energia, Idoler Iluminacion, Ledolas, Lutron, Hafele For further insights on the smart lighting market, request a sample here.

What are the key trends in the smart lighting market?

Major trend in the smart lighting market - Transforming General Lighting And Wireless Data Communication. For further insights on the smart lighting market, request a sample here.

What are the major opportunities in the smart lighting market? What are the strategies for the smart lighting market?

For detailed insights on the major opportunities and strategies in the smart lighting market, request a sample here.

How does the smart lighting market relate to the overall economy and other similar markets?

For detailed insights on smart lighting market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the smart lighting industry?

For detailed insights on the mergers and acquisitions in the smart lighting industry, request a sample here.

What are the key dynamics influencing the smart lighting market growth? SWOT analysis of the smart lighting market.

For detailed insights on the key dynamics influencing the smart lighting market growth and SWOT analysis of the smart lighting industry, request a sample here.