Global Lighting Management Systems Market to Reach $61.1 Billion by 2030
The global market for Lighting Management Systems estimated at US$23.8 Billion in the year 2022, is projected to reach a revised size of US$61.1 Billion by 2030, growing at a CAGR of 12.5% over the analysis period 2022-2030. Dimming Control Management, one of the segments analyzed in the report, is projected to record 13.5% CAGR and reach US$27.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Occupancy-Based Management segment is readjusted to a revised 12.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $7.2 Billion, While China is Forecast to Grow at 11.9% CAGR
The Lighting Management Systems market in the U.S. is estimated at US$7.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.5 Billion by the year 2030 trailing a CAGR of 11.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 10.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.Select Competitors (Total 19 Featured) -
- ABB Group
- Acuity Brands Lighting Inc.
- Benchmarking Group
- Eaton Corporation PLC
- General Electric Company
- Honeywell International, Inc.
- Legrand Group
- Lutron Electronics Co., Inc.
- OSRAM GmbH
- Philips Lighting NV
- Schneider Electric SA
- Siemens AG
- Zumtobel Group AG
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- Acuity Brands Lighting Inc.
- Benchmarking Group
- Eaton Corporation PLC
- General Electric Company
- Honeywell International, Inc.
- Legrand Group
- Lutron Electronics Co., Inc.
- OSRAM GmbH
- Philips Lighting NV
- Schneider Electric SA
- Siemens AG
- Zumtobel Group AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 183 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 23.8 Billion |
Forecasted Market Value ( USD | $ 61.1 Billion |
Compound Annual Growth Rate | 12.5% |
Regions Covered | Global |