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North America Smart Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • ID: 4893987
  • Report
  • December 2019
  • Region: North America
  • 86 pages
  • IMARC Group
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The North America smart lighting market reached a value of US$ 2.4 Billion in 2018. Smart lighting is an energy-efficient lighting solution with power saving features and automated controls for smooth operations. This technology enables the user to change the light intensity depending on parameters, such as occupancy or daylight availability. Smart lighting system is rapidly replacing traditional lighting solutions as it is economical, sustainable and draws lesser power. It is also accessible through smartphone applications, which makes it easy for the user to control. This lighting system has enabled real-time illumination monitoring, intelligent sensing and improvement in connected lighting technology. Further, the evolution of big data and the internet of things (IoT) has improved the integration of smart lighting with other automated systems used in smart homes.

North America smart lighting market is currently being driven by several factors. The shelf life of smart light is very high, which reduces the need to change the light at regular intervals, as in the case of traditional lights. Owing to this, the market is currently witnessing an increasing acceptance among consumers, thereby catalyzing the market growth in the region. In addition to this, the continuous technological advancements in the design and manufacturing of smart lighting systems have increased their power efficiency and expanded their applications across several sectors. Furthermore, the high per capita incomes of the consumers have enabled them to invest in improved technologies, such as smart lighting. Looking forward, the publisher expects the market to reach a value of US$ 7.4 Billion by 2024, registering a CAGR of 19.6% during 2019-2024.

Report Scope:

North America Smart Lighting Market

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by Offering
Hardware
Lights and Luminaires
Lighting Controls
Software
Services
Design and Engineering
Installation
Post-Installation

Market by Communication Technology
Wired Technology
Wireless Technology

Market by Installation Type
New Installation
Retrofit Installation

Market by Light Source
LED Lamps
Fluorescent Lamps
Compact Fluorescent Lamps
High Intensity Discharge Lamps
Others

Market by Application
Commercial
Residential
Public Infrastructure
Others

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
  • How has the North America smart lighting market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America smart lighting market?
  • What is the breakup of the North America smart lighting market on the basis of offering?
  • What is the breakup of the North America smart lighting market on the basis of communication technology?
  • What is the breakup of the North America smart lighting market on the basis of installation type?
  • What is the breakup of the North America smart lighting market on the basis of light source?
  • What is the breakup of the North America smart lighting market on the basis of application?
  • What are the various stages in the value chain of the North America smart lighting industry?
  • What are the key driving factors and challenges in the North America smart lighting industry?
  • What is the structure of the North America smart lighting industry and who are the key players?
  • What is the degree of competition in the North America smart lighting industry?
  • What are the profit margins in the North America smart lighting industry?
Report Coverage:

Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Currency: US$
Geography Covered: North America, United States, Canada and Mexico
Segments Covered: Offering, Communication Technology, Installation Type, Light Source and Application

Report Customization: Although the publisher has tried to cover everything in the North America smart lighting market landscape, the publisher believes that every stakeholder may have their own specific needs. In view of this, the publisher provides up to 20-man hours of free customization for each report.
Note: Product cover images may vary from those shown
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1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Smart Lighting Market
5.1 Market Performance
5.2 Market Breakup by Offering
5.3 Market Breakup by Communication Technology
5.4 Market Breakup by Installation Type
5.5 Market Breakup by Light Source
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast

6 North America Smart Lighting Market
6.1 Market Performance
6.2 Market Forecast

7 North America Smart Lighting Market: Breakup by Offering
7.1 Hardware
7.1.1 Lights and Luminaires
7.1.2 Lighting Controls
7.2 Software
7.3 Services
7.3.1 Design and Engineering
7.3.2 Installation
7.3.3 Post-Installation

8 North America Smart Lighting Market: Breakup by Communication Technology
8.1 Wired Technology
8.2 Wireless Technology

9 North America Smart Lighting Market: Breakup by Installation Type
9.1 New Installation
9.2 Retrofit Installation

10 North America Smart Lighting Market: Breakup by Light Source
10.1 LED Lamps
10.2 Fluorescent Lamps
10.3 Compact Fluorescent Lamps
10.4 High Intensity Discharge Lamps
10.5 Others

11 North America Smart Lighting Market: Breakup by Application
11.1 Commercial
11.2 Residential
11.3 Public Infrastructure
11.4 Others

12 North America Smart Lighting Market: Breakup by Country
12.1 United States
12.1.1 Historical market Trends
12.1.2 Market Breakup by Offering
12.1.3 Market Breakup by Communication Technology
12.1.4 Market Breakup by Installation Type
12.1.5 Market Breakup by Light Source
12.1.6 Market Breakup by Application
12.1.7 Market Forecast
12.2 Canada
12.2.1 Historical market Trends
12.2.2 Market Breakup by Offering
12.2.3 Market Breakup by Communication Technology
12.2.4 Market Breakup by Installation Type
12.2.5 Market Breakup by Light Source
12.2.6 Market Breakup by Application
12.2.7 Market Forecast
12.3 Mexico
12.3.1 Historical market Trends
12.3.2 Market Breakup by Offering
12.3.3 Market Breakup by Communication Technology
12.3.4 Market Breakup by Installation Type
12.3.5 Market Breakup by Light Source
12.3.6 Market Breakup by Application
12.3.7 Market Forecast

13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats

14 Value Chain Analysis
14.1 Overview
14.2 Research and Product Development
14.3 Raw Material/Component Providers
14.4 Original Equipment Manufacturers (OEMS)
14.5 Key Technology Providers/System Integrators
14.6 End-Users

15 Porter’s Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Rivalry
15.5 Threat of New Entrants
15.6 Threat of Substitutes

16 Price Analysis

17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Player
Note: Product cover images may vary from those shown
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