Smart Lighting Market to 2025 - Global Analysis and Forecasts by Lighting Types, Application and Connectivity Technology

  • ID: 3768808
  • Report
  • Region: Global
  • 198 Pages
  • The Insight Partners
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Smart Lighting Being an Emerging Concept in the Lighting World is Facing Slow Acceptance in the Market

FEATURED COMPANIES

  • Digital Lumens, Inc.
  • Eaton Corporation PLC.
  • General Electric Company
  • Koninklijke Philips N.V.
  • Legrand SA
  • Osram Licht AG
  • MORE
The smart lighting is a technology that enables its users to govern the lighting of any space without being surrounded by unnecessary wires. Smart lighting is a part of upcoming IoT technology, facilitating mobile and sensor based control on the luminosity of lights in a particular space. The intelligent connected lighting offers ecofriendly environment and effectively reduces the consumption of energy. The global Smart Lighting market is expected to grow at a CAGR of 17.1% during the forecast period 2016 - 2025 and accounts for US$ 51.05 Bn in the year 2025.

The global smart lighting market is fragmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). Furthermore the segmentation is based upon application of smart lighting viz. Industrial lighting, Commercial lighting, Residential lighting, Outdoor lighting, Automotive lighting and Government. According to the geographic regions, the market is segmented into Europe, Middle East & Africa (MEA), Asia Pacific (APAC), North America and South America (SAM). With many developing countries in the region of Middle East and Africa, it is expected to have the highest CAGR of 24.4% during the forecast period.

The shortcoming of a wireless system are occasional disturbance in communications among the devices. When a wireless lighting system is installed in a place, one should always make sure that the keypads, processors and dimmers are within a specific range. For example, some old residential buildings may be constructed with metal wire integrated in the walls that might create disturbance or weaken the signals of a wireless system. Though it has certain drawbacks, it is expected to capture more than half of the lighting market in next few years. Thus, maximum companies are switching their product portfolio to wireless smart lighting solutions. Major players in this segment are Philips, GE, OSRAM and Daintree.

Now a day’s wireless connectivity is taking a leap over the wire abled connecting networks as wireless is more convenient to use. First this technology was used in the telephones now called as the mobile phones and since then the wireless technology has revolutionized the way things were viewed. Wireless technology has given its consumers freedom from the limited range of the wired devices.

The wireless technology has become an integral part of day to day lifestyle. Wireless technologies like Bluetooth, Wi-Fi, and RF Ids are experiencing high adoption rate among users. The rising popularity of wireless technology in lighting solution is thus considered to be one of the major reasons driving the smart lighting market. The wireless lighting solutions are easy to control and help its customers to attain maximum energy saving.

The lighting hardware is highly integrated and dependent on the software platform being used. As there is no common standard for wireless smart lighting products, the complete idea of various smart lighting devices networked together and the entire process of networking becomes complicated. For example, Philips employs ZigBee Light Link, GreenWave uses NXP JenNet-IP and Insteon uses its own wireless technology and all these are incompatible with each other. This incompatibility would result in inconvenience for the user as the choice of products and services will get limited by the platform being used, or else the entire operation of smart lighting would get complicated.

Major players in the global smart lighting market comprises of Osram Licht AG (Germany), Honeywell International Inc. (U.S.A), Koninklijke Philips N.V. (Netherland), Eaton Corporation PLC. (Ireland), Digital Lumens Inc. (U.S.A), Lutron Electronics Company Inc. (U.S.A), General Electric Company (U.S.A), Legrand SA (France), Streetlight.Vision (France) and Acuity Brands Lighting Inc. (U.S.A).among others.
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FEATURED COMPANIES

  • Digital Lumens, Inc.
  • Eaton Corporation PLC.
  • General Electric Company
  • Koninklijke Philips N.V.
  • Legrand SA
  • Osram Licht AG
  • MORE

1 Table of Contents
1.1 List of Tables
1.2 List of Figures

2 Introduction
2.1 TIP Research Report Guidance

3 Key Takeaways

4 Smart Lighting Market Landscape
4.1 Overview
4.2 Definitions
4.3 Value Chain Analysis

5 Smart Lighting Market - Key Industry Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends

6 Smart Lighting Market - Five Forces Analysis
6.1 Overview
6.2 Global Smart Lighting Market - Five Forces Analysis

7 Global Smart Lighting Market Analysis
7.1 Global Sales Revenue and Forecasts to 2
7.2 Global Smart Lighting Market, Competitive Landscape
7.2.1 Market Share or Market Positioning of Key Players, 2

8 Global Smart Lighting Market Revenue and Forecasts to 2025 - Lighting Types
8.1 Overview
8.1.1 Segment Share (%), 2014 & 2
8.2 Light Emitting Diode (LED) Lamp
8.3 Fluorescent Lamps
8.4 Compact Fluorescent Lamps (CFL)
8.5 High Intensity Discharge Lamps
8.6 Others (Neon Lamps and Photographic Flashes)

9 Global Smart Lighting Market Revenue and Forecasts to 2025 - Application
9.1 Overview
9.1.1 Segment Share (%), 2014 & 2
9.2 Industrial Lighting
9.3 Residential Lighting
9.4 Commercial Lighting
9.5 Government
9.6 Outdoor Lighting
9.7 Automotive Lighting

10 Global Smart Lighting Market Revenue and Forecasts to 2025 - Connectivity Technology
10.1 Overview
10.1.1 Segment Share (%), 2014 & 2
10.2 Wired
10.3 Wireless Technology

11 Global Smart Lighting Market Revenue and Forecasts to 2025 - Geographical Analysis
11.1 Overview
11.1.1 Segment Share (%), 2014 & 2
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 France
11.3.2 Germany
11.3.3 Italy
11.3.4 Spain
11.3.5 UK
11.3.6 Rest of Europe
11.4 Asia Pacific (APAC)
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 Rest of APAC
11.5 Middle East & Africa (MEA)
11.5.1 Saudi Arabia
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest of MEA
11.6 South America (SAM)
11.6.1 Brazil
11.6.2 Rest of SAM

12 Global Smart Lighting Market, Key Company Profiles
12.1 Koninklijke Philips N.V.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 , Eaton Corporation PLC.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Honeywell International Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Acuity Brands Lighting, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Lutron Electronics Company Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 Digital Lumens, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Legrand SA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 General Electric Company
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Osram Licht AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.9.5 Key Developments
12.10 Streetlight. Vision
12.10.1Key Facts
12.10.2Business Description
12.10.3Financial Overview
12.10.4SWOT Analysis
12.10.5Key Developments

13 Appendix
13.1 About TIP
13.2 Glossary of Terms
13.3 Methodology
13.3.1 Coverage
13.3.2 Secondary Research
13.3.3 Primary Research
13.4 Contact Us
13.5 Disclaimer

List of Tables:
Table 1: Comparison of LED & Smart LED with Other Traditional Lighting Solutions
Table 2: Retrofit Costs
Table 3: Smart Lighting Market - Porters Five Forces Analysis
Table 4: Global Smart Lighting Market Revenue (US$ Bn), 2014 - 2025
Table 5: Global Smart Lighting Market - Market Positioning of Key Players, 2015
Table 6: North America Smart Lighting Market Revenue and Forecasts to 2025 - By Lighting Type (US$ Bn)
Table 7: North America Smart Lighting Market Revenue and Forecasts to 2025 - By Application (US$ Bn)
Table 8: North America Smart Lighting Market Revenue and Forecasts to 2025 - By Connectivity Technology (US$ Bn)
Table 9: Europe Smart Lighting Market Revenue and Forecasts to 2025 - By Lighting Type (US$ Bn)
Table 10: Europe Smart Lighting Market Revenue and Forecasts to 2025 - By Application (US$ Bn)
Table 11: Europe Smart Lighting Market Revenue and Forecasts to 2025 - By Connectivity Technology (US$ Bn)
Table 12: Asia Pacific Smart Lighting Market Revenue and Forecasts to 2025 - By Lighting Type (US$ Bn)
Table 13: Asia Pacific Smart Lighting Market Revenue and Forecasts to 2025 - By Application (US$ Bn)
Table 14: Asia Pacific Smart Lighting Market Revenue and Forecasts to 2025 - By Connectivity Technology (US$ Bn)
Table 15: Middle East & Africa Smart Lighting Market Revenue and Forecasts to 2025 - By Lighting Type (US$ Bn)
Table 16: Middle East & Africa Smart Lighting Market Revenue and Forecasts to 2025 - By Application (US$ Bn)
Table 17: Middle East & Africa Smart Lighting Market Revenue and Forecasts to 2025 - By Connectivity Technology (US$ Bn)
Table 18: South America Smart Lighting Market Revenue and Forecasts to 2025 - By Lighting Type (US$ Bn)
Table 19: South America Smart Lighting Market Revenue and Forecasts to 2025 - By Application (US$ Bn)
Table 20: South America Smart Lighting Market Revenue and Forecasts to 2025 - By Connectivity Technology (US$ Bn)
Table 21: Acuity Brands Lighting Inc., Key Facts, 2015
Table 22: Acuity Brands Lighting Inc., SWOT Analysis
Table 23: Daintree Networks, Inc. Key Facts, 2015
Table 24: Daintree Networks, Inc. SWOT Analysis
Table 25: Digital Lumens, Inc., Key Facts, 2015
Table 26: Digital Lumens, Inc., SWOT Analysis
Table 27: Eaton Corporation Plc, Key Facts, 2015
Table 28: Eaton Corporation Plc, SWOT Analysis
Table 29: General Electric, Key Facts, 2015
Table 30: GE, SWOT Analysis
Table 31: Legrand SA, Key Facts, 2015
Table 32: Legrand SA, SWOT Analysis
Table 33: Lutron Electronics, Inc., Key Facts, 2015
Table 34: Lutron Electronics, Inc., SWOT Analysis
Table 35: OSRAM GmbH, Key Facts, 2015
Table 36: OSRAM GmbH, SWOT Analysis
Table 37: Koninklijke Philips N.V., Key Facts, 2015
Table 38: Koninklijke Philips N.V., SWOT Analysis
Table 39: Sensity Systems, Inc., Key Facts, 2015
Table 40: Sensity Systems, Inc., SWOT Analysis
Table 41: Streetlight.Vision, Key Facts, 2015
Table 42: Streetlight.Vision, SWOT Analysis
Table 43: Honeywell International Inc., Key Facts, 2015
Table 44: Honeywell International, Inc. SWOT Analysis
Table 45: Glossary of Terms, Smart Lighting Market

List of Figures:
Figure 1: Smart Lighting Market, Global Revenue (US$ Bn), 2015 & 2025
Figure 2: Smart Lighting Market Segmentation
Figure 3: Smart Lighting Market Segmentation
Figure 4: Smart Lighting Market - Supply Chain Analysis
Figure 5: Companies Adopting Green Energy as a Strategy to Grow in Market
Figure 6: Percentage American Adults in Each Group who Use the Internet, Have Broadband at Home and Connect Wirelessly
Figure 7: Average Light Efficacy (Light Output per Unit of Energy Consumed)
Figure 8: Cost per Bulb
Figure 9: Number of Smart Cities Worldwide
Figure 10: Number of Cities Worldwide with Smart Technologies in Three or More Functional Areas; Segmented by Sector Containing Smart Operations
Figure 11: Smart Lighting Market - Porters Five Forces Analysis
Figure 12: Global Smart Lighting Market Revenue (US$ Bn), 2014 - 2025
Figure 13: Philips Market Share Per Business Group by Region
Figure 14: Global Smart Lighting Market Breakdown By Lighting Type, 2015 (%)
Figure 15: Global Smart Lighting Market Breakdown By Lighting Type, 2025 (%)
Figure 16: Global LED Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 17: Global Fluorescent Lamps Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 18: Global CFL Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 19: Global HID Lamps Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 20: Global Others Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 21: Global Smart Lighting Market Breakdown By Application 2015 (%)
Figure 22: Global Smart Lighting Market Breakdown By Application, 2025 (%)
Figure 23: Global Industrial Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 24: Global Residential Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 25: Global Automotive Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 26: Global Outdoor Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 27: Global Government Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 28: Global Commercial Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 29: Global Smart Lighting Market Breakdown By Connecting Technology, 2015 (%)
Figure 30: Global Smart Lighting Market Breakdown By Connecting Technology, 2025 (%)
Figure 31: Global Wired Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 32: Global Wireless Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 33: Smart Lighting Market, Global Breakdown by Regions, 2015 (%)
Figure 34: Smart Lighting, Global Breakdown by Regions, 2025 (%)
Figure 35: North America Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 36: North America Smart Lighting Market Breakdown by Key Countries, 2015 (%)
Figure 37: North America Smart Lighting Market Breakdown by Key Countries, 2025 (%)
Figure 38: U.S. Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 39: Canada Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 40: Mexico Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 41: North America Smart Lighting Market Breakdown By Lighting Type, 2015 (%)
Figure 42: North America Smart Lighting Market Breakdown By Lighting type, 2025 (%)
Figure 43: North America Smart Lighting Market Breakdown By Application, 2015 (%)
Figure 44: North America Smart Lighting Market Breakdown By Application, 2025 (%)
Figure 45: North America Smart Lighting Market Breakdown By Connectivity Technology, 2015 (%)
Figure 46: North America Smart Lighting Market Breakdown By Connectivity Technology, 2025 (%)
Figure 47: Europe Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 48: Europe Smart Lighting Market Breakdown By Key Countries, 2015 (%)
Figure 49: Europe Smart Lighting Market Breakdown By Key Countries, 2025 (%)
Figure 50: France Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 51: Germany Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 52: Italy Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 53: Spain Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 54: U.K Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 55: Rest of Europe Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 56: Europe Smart Lighting Market Breakdown By Lighting Type, 2015 (%)
Figure 57: Europe Smart Lighting Market Breakdown By Lighting Type, 2025 (%)
Figure 58: Europe Smart Lighting Market Breakdown By Application, 2015 (%)
Figure 59: Europe Smart Lighting Market Breakdown By Application Market, 2025 (%)
Figure 60: Europe Smart Lighting Market Breakdown By Connectivity Technology, 2015 (%)
Figure 61: Europe Smart Lighting Market Breakdown By Connectivity Technology, 2025 (%)
Figure 62: Asia Pacific Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 63: Asia Pacific Smart Lighting Market Breakdown by Key Countries, 2015 (%)
Figure 64: Asia Pacific Smart Lighting Market Breakdown by Key Countries, 2025 (%)
Figure 65: Australia Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 66: China Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 67: India Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 68: Japan Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 69: Rest of APAC Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 70: Asia Pacific Smart Lighting Market Breakdown By Lighting Type, 2015 (%)
Figure 71: Asia Pacific Smart Lighting Market Breakdown By Lighting Type, 2025 (%)
Figure 72: Asia Pacific Smart Lighting Market Breakdown By Application, 2015 (%)
Figure 73: Asia Pacific Smart Lighting Market Breakdown By Application, 2025 (%)
Figure 74: Asia Pacific Smart Lighting Market Breakdown By Connectivity Technology, 2015 (%)
Figure 75: Asia Pacific Smart Lighting Market Breakdown By Connectivity Technology, 2025 (%)
Figure 76: MEA Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 77: Middle East & Africa Smart Lighting Market Breakdown by Key Countries, 2015 (%)
Figure 78: Middle East & Africa Smart Lighting Market Breakdown by Key Countries, 2025 (%)
Figure 79: South Africa Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 80: Saudi Arabia Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 81: UAE Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 82: Rest of MEA Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 83: Middle East & Africa Smart Lighting Market Breakdown By Lighting Type, 2015 (%)
Figure 84: Middle East & Africa Smart Lighting Market Breakdown By Lighting Type, 2025 (%)
Figure 85: Middle East & Africa Smart Lighting Market Breakdown By Application, 2015 (%)
Figure 86: Middle East & Africa Smart Lighting Market Breakdown By Application, 2025 (%)
Figure 87: Middle East & Africa Smart Lighting Market Breakdown By Connectivity Technology, 2015 (%)
Figure 88: Middle East & Africa Smart Lighting Market Breakdown By Connectivity Technology, 2025 (%)
Figure 89: South America Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 90: South America Smart Lighting Market Breakdown by Key Countries, 2015 (%)
Figure 91: South America Smart Lighting Market Breakdown by Key Countries, 2025 (%)
Figure 92: Brazil Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 93: Rest of SAM Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 94: South America Smart Lighting Market Breakdown By Lighting Type, 2015 (%)
Figure 95: South America Smart Lighting Market Breakdown By Lighting Type, 2025 (%)
Figure 96: South America Smart Lighting Market Breakdown By Application, 2015 (%)
Figure 97: South America Smart Lighting Market Breakdown By Services 2025 (%)
Figure 98: South America Smart Lighting Market Breakdown By Connectivity Technology, 2015 (%)
Figure 99: South America Smart Lighting Market Breakdown By Connectivity Technology, 2025 (%)
Figure 100: Acuity Brands Lighting Inc., Annual Revenue (US$ Bn)
Figure 101: Acuity Brands Lighting Inc., Gross Profit (US$ Bn)
Figure 102: Eaton Corporation Plc, Annual Revenue (US$ Bn)
Figure 103: Eaton Corporation Plc, Gross Profit (US$ Bn) and R&D Expenses (US$ Bn)
Figure 104: GE, Annual Revenue (US$ Bn) and Appliances and Lighting Segment Revenue (US$ Bn)
Figure 105: GE, Gross Profit (US$ Bn) and R&D Expenses (US$ Bn)
Figure 106: Legrand SA, Annual Revenue (US$ Bn)
Figure 107: Legrand SA, Gross Profit (US$ Bn) and R&D Expenses (US$ Bn) R&D
Figure 108: OSRAM GmbH, Annual Revenue (US$ Bn)
Figure 109: OSRAM GmbH, Gross Profit (US$ Bn) and R&D Expenses (US$ Bn)
Figure 110: Koninklijke Philips N.V., Annual Revenue (US$ Bn) and Lighting Segment Revenue (US$ Bn)
Figure 111: Koninklijke Philips N.V., R&D Expenses (US$ Bn)
Figure 112: Honeywell International Inc., Annual Revenue (US$ Bn) and Automation and Control Solutions Segment Revenue (US$ Bn)
Figure 113: Honeywell International Inc., R&D Expenses (US$ Bn)

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FEATURED COMPANIES

  • Digital Lumens, Inc.
  • Eaton Corporation PLC.
  • General Electric Company
  • Koninklijke Philips N.V.
  • Legrand SA
  • Osram Licht AG
  • MORE
According to a new market research study titled ‘Smart Lighting Market to 2025 – Global Analysis and Forecast by Lighting Type, Application and Connectivity Technology’, the global smart lighting systems market was valued at US$ 10.55 Bn in 2015 and is estimated to reach US$ 51.05 Bn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.

Lighting is significant origin of energy utilized globally. To minimize the power consumption it is important to deduce the usage of this sources by optimization of the lighting system. Smart lighting exhibits enormous potential in the market as it provides its customers with the facility of appropriate amount of light at the right place and right time. With the rise in urbanization and population growth the demand for effect lighting solutions have increased, and this demand subsequently would lead to rapid development and advancement in the lighting industry in future.

The global smart lighting market has been segmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). The global smart lighting market is further segmented on the basis of application Industrial lighting, Residential lighting, Commercial lighting, Government, Outdoor lighting and Automotive lighting by. Geographically, the global smart lighting market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

Currently, smart lighting have seen significant adoption in the European countries and North America. Furthermore, with advancements in technology and infrastructure, various developing economies in APAC and MEA are expected to witness significant adoption of smart lighting solutions. Thus, Europe dominate the global smart lighting market, however, they are expected to lose market share to APAC during the forecast period. The APAC region is expected to register a growth rate of 23.7% during 2016 to 2025.

In 2015, Saudi Arabia led the smart lighting market in Middle East and Africa (MEA), and is expected to continue its dominance by expanding at a CAGR of 23.8% during the forecast period from 2015 to 2025. Also, South Africa is expected to witness rising adoption of smart lighting owing to the increasing awareness of energy consumption and decreasing price of LED. The report profiles key players such as Konjnklijke Philips N.V., Osram GmbH, Lutron Electronics Co. Inc., Lutron, Legrand S.A., Acuity Brands, Digital Lumens, Inc. and Zumtobel.
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  • Koninklijke Philips N.V.
  • Eaton Corporation PLC.
  • Honeywell International Inc.
  • Acuity Brands Lighting, Inc.
  • Lutron Electronics Company Inc.
  • Digital Lumens, Inc.
  • Legrand SA
  • General Electric Company
  • Osram Licht AG
  • Streetlight. Vision
Note: Product cover images may vary from those shown
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