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Smart Lighting Market Global Report 2020-30: Covid 19 Growth and Change

Starting Price : $ 4000.00 | Pages : 150 | Published : May 2020 | SKU CODE : 7428 | Format :


The smart lighting market consists of sales of smart lighting products and services used as a lighting medium for ensuring energy efficiency. The use of sensors for instances like automatic light dimming or adjusting the brightness of light depending on the mood of the user is some of the features of smart lighting. A smart lighting system ensures high-cost savings and lower energy usage.

The global smart lighting market is expected to grow from $11.03 billion in 2019 and to $11.40 billion in 2020 at a growth rate of 3.36%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $18.58 billion in 2023 at CAGR of 17.69%.

North America was the largest region in the smart lighting market in 2019.

Supportive government initiatives in developed and emerging markets drive the growth of the smart lighting market across the globe. The emerging growth of the smart lighting market is supported by the rise in disposable incomes, regulatory restrictions in using energy-consuming lamps and the integration of advanced technologies. A smart lighting system ensures high-cost savings and lower energy costs. In the year 2015, the government of India launched UJALA (Unnat Jyoti by Affordable LEDs for All) in order to promote efficient use of energy at the residential level, enhance the awareness of consumers about the efficacy of using energy-efficient appliances. As of 6th March 2020, the UJALA scheme has distributed over 360 million total LED (light-emitting diode) bulbs saving over USD 2.8 billion (INR 18,801 crores). Therefore, supportive government initiatives boost the demand for smart lights thus driving the market for smart lighting.

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. According to the French Agency for Food, Environmental and Occupational Health & Safety (ANSES)in 2019, the blue lights which is being used in households, offices, headlights, torches, toys and street lighting can damage the eye`s retina while disturbing biological and sleep rhythms. The report also concluded that an increased exposure to the blue light emitted from LEDs increases the risk for age-related macular degeneration. Macular degeneration is an eye disease that can cause vision loss in adults. These harmful effects of LEDs on health negatively impacts the demand for the light emitting diode (LED), affecting the growth of smart lighting market.

The use of Li-fi (Light Fidelity) network is the latest trend in the general 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 2018, VLNComm, a U.S based provider of Li-Fi technology, launched its LumiNex LED panel. LumiNex LED panel is a Li-Fi-enabled general lighting luminaire which is capable of providing 108Mbps download speed. In 2018, Philips, a Netherland based electrical provider, announced its own Li-Fi platform. The platform is being used by a French real estate investment company Lcade.

In March 2020, Signify, headquartered in Netherland, specializing in LED lighting systems and services acquired Cooper Lighting for a deal amount of $1.4 billion on a cash and debt-free basis. The deal strengthens Signify’s market positions in North America, with increased innovation power and more competitive offerings. Signify will focus on integrating Cooper Lighting and on delivering synergies. Cooper Lighting is headquartered in United States and specialises in professional lighting, lighting controls, and connected lighting.

The major players in the global smart lighting market are Koninklijke Philips NV, Cree Inc., General Electricity Company, Acuity Brands Inc., Cisco Systems Inc., Eaton, Deco Lighting, Dialight, Honeywell Inc., Osram Licht AG, Legrand S.A., Osram GmbH, Wipro Consumer Lighting (Wipro Limited), Syska , Zumbotel Group AG, Schneider Electric SA, Digital Lumens Inc., Vision, Hubbell Lighting Inc., Lutron Electronics Co. Inc., Daintree Networks, Bridgelux , Echelon Corporation, Nualight Ltd., Taolight Company Limited, Virtual Extension Ltd., Acuity Brands, Inc.

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

Global smart lighting market is segmented: 1) By Product: Smart Bulbs, Fixtures, Lighting Controls 2) By Application: Commercial, Government, Residential, Others 3) By Light Source: LED, HID, Others 4) By Communication Technology: Wired, Wireless

    1. Executive Summary

    2. Smart Lighting Market Characteristics

    3. Smart Lighting Market Size And Growth

    3.1. Global Smart Lighting Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Smart Lighting Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Smart Lighting Market Segmentation

    4.1. Global Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Smart Bulbs

    Fixtures

    Lighting Controls

    4.2. Global Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Commercial

    Government

    Residential

    Others

    4.3. Global Smart Lighting Market, Segmentation By Light Source, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    LED

    HID

    Others

    4.4. Global Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Wired

    Wireless

    5. Smart Lighting Market Regional And Country Analysis

    5.1. Global Smart Lighting Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Smart Lighting Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Smart Lighting Market  

    6.1. Asia-Pacific Smart Lighting Market Overview  

    6.2. Asia-Pacific Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Smart Lighting Market  

    7.1. China Smart Lighting Market Overview  

    7.2. China Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Smart Lighting Market  

    8.1. India Smart Lighting Market Overview  

    8.2. India Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Smart Lighting Market  

    9.1. Japan Smart Lighting Market Overview  

    9.2. Japan Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Smart Lighting Market  

    10.1. Australia Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Smart Lighting Market  

    11.1. Indonesia Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Smart Lighting Market  

    12.1. South Korea Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Smart Lighting Market  

    13.1. Western Europe Smart Lighting Market Overview

    13.2. Western Europe Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Smart Lighting Market  

    14.1. UK Smart Lighting Market Overview

    14.2. UK Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Smart Lighting Market  

    15.1. Germany Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Smart Lighting Market  

    16.3. France Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Smart Lighting Market  

    17.1. Eastern Europe Smart Lighting Market Overview

    17.2. Eastern Europe Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Smart Lighting Market  

    18.1. Russia Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Smart Lighting Market  

    19.1. North America Smart Lighting Market Overview

    19.2. North America Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Smart Lighting Market  

    20.1. USA Smart Lighting Market Overview

    20.2. USA Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Smart Lighting Market  

    21.1. South America Smart Lighting Market Overview

    21.2. South America Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Smart Lighting Market  

    22.1. Brazil Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Smart Lighting Market  

    23.1. Middle East Smart Lighting Market Overview

    23.2. Middle East Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Smart Lighting Market  

    24.1. Africa Smart Lighting Market Overview

    24.2. Africa Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Smart Lighting Market Competitive Landscape And Company Profiles

    25.1. Smart Lighting Market Competitive Landscape

    25.2. Smart Lighting Market Company Profiles

    25.2.1. Koninklijke Philips NV

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Cree Inc.

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. General Electricity Company

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Acuity Brands Inc.

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Cisco Systems Inc.

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Smart Lighting Market

    27. Smart Lighting Market Trends And Strategies

    28. Smart Lighting Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Smart Lighting Market, Segmentation By Light Source, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Global Smart Lighting Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: Global Smart Lighting Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: Asia-Pacific, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: China, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: India, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Japan, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Australia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Indonesia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: South Korea, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Western Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: UK, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Germany, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: France, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: Eastern Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: Russia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: North America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: USA, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: South America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Brazil, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Middle East, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 27: Africa, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 28: Koninklijke Philips NV Financial Performance
  • Table 29: Cree Inc. Financial Performance
  • Table 30: General Electricity Company Financial Performance
  • Table 31: Acuity Brands Inc. Financial Performance
  • Table 32: Cisco Systems Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Smart Lighting Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Smart Lighting Market, Segmentation By Light Source, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Smart Lighting Market, Segmentation By Communication Technology, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Global Smart Lighting Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: Global Smart Lighting Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: Asia-Pacific, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: China, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: India, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Japan, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Australia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Indonesia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: South Korea, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Western Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: UK, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Germany, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: France, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: Eastern Europe, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: Russia, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: North America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: USA, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: South America, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Brazil, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Middle East, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 27: Africa, Smart Lighting Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 28: Koninklijke Philips NV Financial Performance
  • Figure 29: Cree Inc. Financial Performance
  • Figure 30: General Electricity Company Financial Performance
  • Figure 31: Acuity Brands Inc. Financial Performance
  • Figure 32: Cisco Systems Inc. Financial Performance
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