Global Lighting as a Service Market to Reach $28.1 Billion by 2030
The global market for Lighting as a Service estimated at US$1.9 Billion in the year 2022, is projected to reach a revised size of US$28.1 Billion by 2030, growing at a CAGR of 40.2% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 39.7% CAGR and reach US$11.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Luminaries & Controls segment is readjusted to a revised 43.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $610.8 Million, While China is Forecast to Grow at 37.6% CAGR
The Lighting as a Service market in the U.S. is estimated at US$610.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 37.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 36.3% and 33.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 26.7% CAGR.Select Competitors (Total 42 Featured) -
- Cree, Inc.
- Future Energy Solutions
- GE Lighting
- Igor Inc.
- Italtel SpA
- Koninklijke Philips NV
- Lunera Lighting, Inc.
- Rcg Lighthouse
- SIB Lighting
- Zumtobel Group AG
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- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Lighting as a Service - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 2: World 8-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 3: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 4: World 8-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 5: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 6: World 8-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 7: World Lighting as a Service Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- Table 8: World Recent Past, Current & Future Analysis for Lighting as a Service by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 9: World 8-Year Perspective for Lighting as a Service by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 11: World 8-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 12: World Recent Past, Current & Future Analysis for Luminaries & Controls by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 13: World 8-Year Perspective for Luminaries & Controls by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 14: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 15: World 8-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Outdoor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 17: World 8-Year Perspective for Outdoor by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 18: World Recent Past, Current & Future Analysis for Indoor by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 19: World 8-Year Perspective for Indoor by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
UNITED STATES
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 21: USA 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 22: USA Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 23: USA 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 24: USA Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 25: USA 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
CANADA
- Table 26: Canada Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 27: Canada 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 28: Canada Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 29: Canada 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 30: Canada Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 31: Canada 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
JAPAN
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 32: Japan Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 33: Japan 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 34: Japan Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 35: Japan 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 36: Japan Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 37: Japan 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
CHINA
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 38: China Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 39: China 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 40: China Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 41: China 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 42: China Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 43: China 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
EUROPE
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 44: Europe Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 45: Europe 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 46: Europe Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 47: Europe 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 48: Europe Recent Past, Current & Future Analysis for Lighting as a Service by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2022 through 2030 and % CAGR
- Table 49: Europe 8-Year Perspective for Lighting as a Service by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
- Table 50: Europe Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 51: Europe 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
FRANCE
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 52: France Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 53: France 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 54: France Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 55: France 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 56: France Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 57: France 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
GERMANY
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 58: Germany Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 59: Germany 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 60: Germany Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 61: Germany 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 62: Germany Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 63: Germany 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
ITALY
- Table 64: Italy Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 65: Italy 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 66: Italy Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 67: Italy 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 68: Italy Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 69: Italy 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
UNITED KINGDOM
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 70: UK Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 71: UK 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 72: UK Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 73: UK 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 74: UK Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 75: UK 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
REST OF EUROPE
- Table 76: Rest of Europe Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 77: Rest of Europe 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 78: Rest of Europe Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 79: Rest of Europe 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 80: Rest of Europe Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 81: Rest of Europe 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
ASIA-PACIFIC
- Lighting as a Service Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 82: Asia-Pacific Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 83: Asia-Pacific 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 84: Asia-Pacific Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 85: Asia-Pacific 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 86: Asia-Pacific Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 87: Asia-Pacific 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
REST OF WORLD
- Table 88: Rest of World Recent Past, Current & Future Analysis for Lighting as a Service by End-Use - Commercial, Industrial and Other End-Uses - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 89: Rest of World 8-Year Perspective for Lighting as a Service by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Other End-Uses for the Years 2023 & 2030
- Table 90: Rest of World Recent Past, Current & Future Analysis for Lighting as a Service by Component - Software, Luminaries & Controls and Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 91: Rest of World 8-Year Perspective for Lighting as a Service by Component - Percentage Breakdown of Value Sales for Software, Luminaries & Controls and Services for the Years 2023 & 2030
- Table 92: Rest of World Recent Past, Current & Future Analysis for Lighting as a Service by Installation - Outdoor and Indoor - Independent Analysis of Annual Sales in US$ Thousand for the Years 2022 through 2030 and % CAGR
- Table 93: Rest of World 8-Year Perspective for Lighting as a Service by Installation - Percentage Breakdown of Value Sales for Outdoor and Indoor for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cree, Inc.
- Future Energy Solutions
- GE Lighting
- Igor Inc.
- Italtel SpA
- Koninklijke Philips NV
- Lunera Lighting, Inc.
- Rcg Lighthouse
- SIB Lighting
- Zumtobel Group AG
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.9 Billion |
| Forecasted Market Value ( USD | $ 28.1 Billion |
| Compound Annual Growth Rate | 40.0% |
| Regions Covered | Global |
