Smart Lighting Market Report 2026

The smart lighting market size has grown exponentially in recent years. It will grow from $21.42 billion in 2025 to $25.77 billion in 2026 at a compound annual growth rate (CAGR) of 20.3%. The growth in the historic period can be attributed to shift from incandescent to led lighting, early adoption of smart home devices, growth in commercial lighting automation, increased demand for energy saving solutions, rise in connected device penetration.

The smart lighting market size is expected to see exponential growth in the next few years. It will grow to $55.54 billion in 2030 at a compound annual growth rate (CAGR) of 21.2%. The growth in the forecast period can be attributed to expansion of smart city lighting projects, rising adoption of wireless lighting controls, increasing focus on cost efficient lighting systems, growth in cloud enabled lighting ecosystems, rising integration of motion and ambient sensors in lighting. Major trends in the forecast period include rising adoption of iot enabled smart lighting systems, growing integration of AI based adaptive lighting controls, increasing focus on energy efficient sustainable lighting solutions, expansion of cloud connected lighting management platforms, advancement in intelligent automation for smart home and commercial lighting.

The increasing prevalence of smart city projects is expected to propel the smart lighting market's growth in the future. Smart cities leverage digital technology and data-driven solutions to improve performance, well-being, and cost efficiency while reducing resource consumption. The emphasis on energy efficiency, data-driven control, and sustainable urban development in smart cities encourages the adoption of smart lighting, leading to the implementation of more intelligent and environmentally friendly lighting solutions. For example, according to the European Commission, a Europe-based executive branch of the European Union, the initiative aims to achieve 100 climate-neutral and smart cities by 2030 and establish them as hubs for innovation and experimentation, encouraging all European cities to adopt similar models by 2050. Therefore, the rise in smart city projects significantly contributes to the growth of the smart lighting market.

Major companies in the smart lighting market are increasingly focusing on introducing environmentally friendly LED bulbs, exemplified by products such as Philips Ultra Efficient LED bulbs, to enhance revenue. Philips Ultra Efficient LED bulbs comprise an energy-saving light bulb range that delivers significant energy consumption benefits. For example, Signify N.V., a Netherlands-based lighting company, introduced Philips Ultra Efficient LED bulbs in April 2023. These bulbs are up to 60% more energy-efficient than standard Philips LED bulbs and boast a lifespan of up to 50,000 hours. Available in various shapes and sizes, including A19, A21, and BR30, and featuring multiple color temperatures such as warm white, cool white, and daylight.

In March 2023, Signify N.V., a Netherlands-based provider of lighting solutions, acquired Intelligent Lighting Controls, Inc. for an undisclosed sum. Through this acquisition, Signify N.V. seeks to broaden its connected lighting portfolio and reinforce its presence in the North American market by incorporating Intelligent Lighting Controls, Inc.’s advanced wired control systems into its product offerings. Intelligent Lighting Controls, Inc. is a US-based manufacturer of wired lighting control systems that enhance energy efficiency, connectivity, and intelligent building automation.

Major companies operating in the smart lighting market are Schneider Electric SA, Cisco Systems Inc., Honeywell Inc., Signify Holding, Eaton, Legrand S.A, Acuity Brands Inc., Wipro, Zumtobel Group AG, OSRAM GmbH, Philips Investment Co. Ltd, Cree company china, SSK Group, Halonix, Param LED Products, MLS Lighting, NVC International Holdings Limited, OPPLE Lighting, San’an Optoelectronics Co., Ltd, Meka Electric Corporation, YEELIGHT, Odeer Lighting, Longhorn Intelligent Tech Co., LTD, Contrac Lighting, PULSAR, Apollo Lighting Ltd, LED Light Vision, FLUX LIGHTING, Eleti Lighting Germany, ELEKTRA GMBH, NEONICA POLSKA, ART META, Altavola Design, Lumines Lighting, TREVOS, Varton, GE Lighting, LSI Industries Inc., Energy Focus, Inc., Lumileds, Deco Lighting, Light Tool Industries E Comercio Ltd., Studio dois emme iluminação, Veta Energia, Idoler Iluminacion, Ledolas, Lutron, Hafele.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs imposed on LEDs, electronic components, sensors, and wireless modules used in smart lighting systems have raised manufacturing and installation costs, particularly for products relying on imported semiconductors from Asia Pacific and Europe. These tariffs affect segments such as smart bulbs, lighting controls, and commercial fixtures by disrupting supply chains and slowing project deployments. However, they also encourage regional production, promote investment in localized component manufacturing, and accelerate innovation in cost optimized lighting technologies to reduce dependency on tariff sensitive imports.

The smart lighting market research report is one of a series of new reports that provides smart lighting market statistics, including smart lighting industry global market size, regional shares, competitors with a smart lighting market share, detailed smart lighting market segments, market trends and opportunities, and any further data you may need to thrive in the smart lighting industry. This smart lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart lighting refers to lighting technology integrated with the internet in smart homes. It incorporates features such as sensor-based functionalities, allowing for automatic light dimming and adjusting brightness based on the user's mood. This technology not only ensures cost savings but also promotes lower energy usage.

Diverse types of smart lighting are available, including smart bulbs, fixtures, and lighting controls, utilizing various light sources such as LED, HID, and others. Smart bulbs, for instance, can be controlled via a smartphone app for convenient on/off toggling. Smart lighting systems utilize both wired and wireless communication technologies and find applications across commercial, governmental, residential, and other sectors.North America was the largest region in the smart lighting market in 2025. Western Europe was the second-largest region in the global smart lighting market share. The regions covered in the smart lighting market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart lighting market consists of sales of smart bulbs, smart light fixtures, smart lighting controls, and other smart lighting. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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