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Smart Lighting - Company Evaluation Report, 2025

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    Report

  • 157 Pages
  • May 2025
  • Region: Global
  • Markets and Markets
  • ID: 6096959
The Smart Lighting Market Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Smart Lighting Market. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. Over 100 companies were evaluated, of which the Top 10 companies were categorized and recognized as the quadrant leaders.

Smart lighting systems utilize various wired and wireless communication technology protocols and are network-controlled. These systems incorporate a range of components such as sensors, gateways, relays, programmed LED drivers, ballasts, and light switches to fulfill diverse functions. Automated controls within smart lighting systems can adjust lighting based on factors like occupancy and daylight while also enabling features like switching lights on/off or dimming them in response to time, occupancy, events, alarms, or manual intervention. Smart lighting management software facilitates control over light switches or other lighting control products through control wires, wirelessly, or by multiplexing signals through a home's electrical system. Designed for energy efficiency, smart lighting technology offers various benefits.

The smart lighting market is segmented, based on offering, into hardware, software, and services, and based on communication technology into wired and wireless. Installation types include new installations and retrofit installations, while end-use applications encompass indoor and outdoor settings. Moreover, based on distribution channel, the market is segmented into online sales and offline sales.

The 360 Quadrant maps the Smart Lighting Market companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Smart Lighting Market quadrant. The top criteria for product footprint evaluation included communication technology (wired and wireless.) By End-use application (indoor and outdoor applications.) By Distribution Channel (online sales and offline sales.) By Offering type (hardware, software, and services) and INSTALLATION TYPE (new installations and retrofit installations.)

Key Players:

Key players operating in the Smart Lighting Market Signify Holding (Netherlands), Legrand (France), Acuity Brands, Inc. (US), ams-OSRAM AG (Austria), Panasonic Holdings Corporation (Japan), Honeywell International Inc. (US), Zumtobel Group (Austria), Wipro Lighting (India), Lutron Electronics Co., Inc (US), IDEAL INDUSTRIES, INC. (Cree Lighting) (US), LEDVANCE GmbH (Germany), Savant Systems, Inc (US), Inter IKEA Systems B.V. (Netherlands), Dialight (UK), Schneider Electric (France), ABB (Switzerland), and RAB Lighting Inc. (US), among others.

Signify Holding

Signify Holding holds a dominant position in the smart lighting industry, supported by its extensive portfolio of connected solutions. The company excels in IoT-enabled lighting technologies that offer advanced control, automation, and energy-efficient solutions across various applications. Signify's strategic focus on innovation and strong global presence enhances its company market share and product portfolio. By integrating AI and IoT, Signify continuously expands its capabilities, as demonstrated by the recent introduction of AI features in the Philips Hue line.

Acuity Brands, Inc.

Acuity Brands maintains a strong market position through a wide distribution network and a comprehensive product line that includes sensors, controls, and software. Its leadership is further reinforced by strategic expansions and product launches, meeting diverse residential and commercial lighting needs. Acuity's commitment to enhancing its product portfolio is evident in its proactive approach to smart lighting solutions.

Legrand

Legrand is a specialist in electrical and digital infrastructures, offering high-value products that promote sustainability and efficiency. The company leverages its expertise to develop innovative smart lighting solutions, expanding its company market share globally. Legrand's strategic expansions and product innovations align with evolving market demands, ensuring competitive company positioning within the smart lighting sector.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Rising Smart City Initiatives Globally
3.2.1.2 Advancements in Artificial Intelligence (AI) and Edge Computing Technologies
3.2.1.3 Establishment of Standard and Digital Protocols by Authorized Bodies
3.2.1.4 Growing Demand for Internet of Things (IoT)-Integrated Smart Lighting Solutions
3.2.1.5 Rising Adoption of Led Lights and Luminaires in Outdoor Applications
3.2.1.6 Increasing Incorporation of Data Analytics into Smart Lighting
3.2.2 Restraints
3.2.2.1 Cybersecurity Concerns Associated with Internet-Connected Lighting Systems
3.2.2.2 Difficulties Associated with Retrofitting of Traditional Lighting Infrastructure
3.2.3 Opportunities
3.2.3.1 Development of Solar-Powered and Hybrid Smart Lighting Solutions
3.2.3.2 Emerging Smart Office and Smart Retail Trends
3.2.3.3 Rising Adoption of Human-Centric Lighting Solutions
3.2.3.4 Growing Adoption of Power Over Ethernet (Poe)-based Lighting Solutions in Commercial and Healthcare Applications
3.2.3.5 Increasing Demand for Personalized Lighting Control Solutions
3.2.4 Challenges
3.2.4.1 High Upfront Costs of Equipment and Accessories
3.2.4.2 Interoperability and Compatibility Issues
3.3 Trends/Disruptions Impacting Customer Business
3.4 Ecosystem Analysis
3.5 Technology Analysis
3.5.1 Key Technologies
3.5.1.1 Internet of Things (IoT)
3.5.1.2 Communication Protocols
3.5.1.3 Smart Sensors
3.5.2 Complementary Technologies
3.5.2.1 Artificial Intelligence (AI) and Machine Learning (ML)
3.5.2.2 Light Fidelity (Li-Fi)
3.5.2.3 Geofencing Technology
3.5.3 Adjacent Technologies
3.5.3.1 Building Management System (Bms)
3.5.3.2 5G Infrastructure
3.6 Patent Analysis
3.7 Key Conferences and Events, 2025-2026
3.8 Tariff and Regulatory Landscape
3.8.1 Tariff Analysis
3.8.2 Regulatory Bodies, Government Agencies, and Other Organizations
3.8.3 Regulations
3.8.3.1 Restriction of Hazardous Substances (Rohs) and Waste Electrical and Electronic Equipment (Weee)
3.8.3.2 Registration, Evaluation, Authorisation and Restriction of Chemicals (Reach)
3.8.3.3 United Nations Framework Convention on Climate Change (Unfccc)
3.8.3.4 General Data Protection Regulation (Gdpr)
3.9 Porter's Five Forces Analysis
3.9.1 Intensity of Competitive Rivalry
3.9.2 Threat of New Entrants
3.9.3 Threat of Substitutes
3.9.4 Bargaining Power of Buyers
3.9.5 Bargaining Power of Suppliers
3.10 Impact of AI/Gen AI on Smart Lighting Market
4 Competitive Landscape
4.1 Overview
4.2 Key Player Strategies/Right to Win, January 2021- January 2025
4.3 Revenue Analysis, 2020-2024
4.4 Market Share Analysis, 2024
4.5 Company Valuation and Financial Metrics
4.5.1 Company Valuation
4.5.2 Financial Metrics
4.6 Brand/Product Comparison
4.7 Company Evaluation Matrix: Key Players, 2024
4.7.1 Stars
4.7.2 Emerging Leaders
4.7.3 Pervasive Players
4.7.4 Participants
4.7.5 Company Footprint: Key Players, 2024
4.7.5.1 Company Footprint
4.7.5.2 Region Footprint
4.7.5.3 Installation Type Footprint
4.7.5.4 Offering Footprint
4.7.5.5 End-use Application Footprint
4.7.5.6 Communication Technology Footprint
4.8 Company Evaluation Matrix: Startups/SMEs, 2024
4.8.1 Progressive Companies
4.8.2 Responsive Companies
4.8.3 Dynamic Companies
4.8.4 Starting Blocks
4.8.5 Competitive Benchmarking: Startups/SMEs, 2024
4.8.5.1 Detailed List of Startups/SMEs
4.8.5.2 Competitive Benchmarking of Key Startups/SMEs
4.9 Competitive Scenario
4.9.1 Product Launches/Developments
4.9.2 Deals
4.9.3 Expansions
5 Company Profiles
5.1 Introduction
5.2 Key Players
5.2.1 Signify Holding
5.2.1.1 Business Overview
5.2.1.2 Products/Solutions/Services Offered
5.2.1.3 Recent Developments
5.2.1.3.1 Product Launches/Developments
5.2.1.3.2 Deals
5.2.1.4 Analyst's View
5.2.1.4.1 Key Strengths
5.2.1.4.2 Strategic Choices
5.2.1.4.3 Weaknesses and Competitive Threats
5.2.2 Legrand
5.2.2.1 Business Overview
5.2.2.2 Products/Solutions/Services Offered
5.2.2.3 Recent Developments
5.2.2.3.1 Product Launches/Developments
5.2.2.3.2 Deals
5.2.2.4 Analyst's View
5.2.2.4.1 Key Strengths
5.2.2.4.2 Strategic Choices
5.2.2.4.3 Weaknesses and Competitive Threats
5.2.3 Acuity Brands, Inc.
5.2.3.1 Business Overview
5.2.3.2 Products/Solutions/Services Offered
5.2.3.3 Recent Developments
5.2.3.3.1 Product Launches/Developments
5.2.3.3.2 Deals
5.2.3.4 Analyst's View
5.2.3.4.1 Key Strengths
5.2.3.4.2 Strategic Choices
5.2.3.4.3 Weaknesses and Competitive Threats
5.2.4 Zumtobel Group
5.2.4.1 Business Overview
5.2.4.2 Products/Solutions/Services Offered
5.2.4.3 Recent Developments
5.2.4.3.1 Deals
5.2.4.4 Analyst's View
5.2.4.4.1 Key Strengths
5.2.4.4.2 Strategic Choices
5.2.4.4.3 Weaknesses and Competitive Threats
5.2.5 Panasonic Holdings Corporation
5.2.5.1 Business Overview
5.2.5.2 Products/Solutions/Services Offered
5.2.5.3 Recent Developments
5.2.5.3.1 Expansions
5.2.5.4 Analyst's View
5.2.5.4.1 Key Strengths
5.2.5.4.2 Strategic Choices
5.2.5.4.3 Weaknesses and Competitive Threats
5.2.6 Ams-Osram AG
5.2.6.1 Business Overview
5.2.6.2 Products/Solutions/Services Offered
5.2.6.3 Recent Developments
5.2.6.3.1 Product Launches/Developments
5.2.6.3.2 Deals
5.2.7 Honeywell International Inc.
5.2.7.1 Business Overview
5.2.7.2 Products/Solutions/Services Offered
5.2.7.3 Recent Developments
5.2.7.3.1 Deals
5.2.8 Wipro Lighting
5.2.8.1 Business Overview
5.2.8.2 Products/Solutions/Services Offered
5.2.8.3 Recent Developments
5.2.8.3.1 Deals
5.2.8.3.2 Expansions
5.2.9 Lutron Electronics Co. Inc
5.2.9.1 Business Overview
5.2.9.2 Products/Solutions/Services Offered
5.2.9.3 Recent Developments
5.2.9.3.1 Product Launches/Developments
5.2.10 Cree Lighting Usa LLC
5.2.10.1 Business Overview
5.2.10.2 Products/Solutions/Services Offered
5.2.10.3 Recent Developments
5.2.10.3.1 Product Launches/Developments
5.2.11 Ledvance GmbH
5.2.11.1 Business Overview
5.2.11.2 Products/Solutions/Services Offered
5.2.11.3 Recent Developments
5.2.11.3.1 Product Launches/Developments
5.2.11.3.2 Deals
5.3 Other Players
5.3.1 Hli Solutions, Inc.
5.3.2 Savant Systems, Inc.
5.3.3 Dialight
5.3.4 Schneider Electric
5.3.5 ABB
5.3.6 Lightwave
5.3.7 Rab Lighting Inc.
5.3.8 Synapse Wireless Inc.
5.3.9 Leviton Manufacturing Co. Inc.
5.3.10 Syska
5.3.11 Building Robotics Inc. (Siemens Company)
5.3.12 Helvar
5.3.13 Lifx
5.3.14 Sengled GmbH
5.3.15 Tvilight Projects B.V.
5.3.16 Nanoleaf
5.3.17 Ubicquia, Inc.
5.3.18 Jaquar India
5.3.19 Inter Ikea Systems B.V.
6 Appendix
6.1 Research Methodology
6.1.1 Research Data
6.1.1.1 Secondary Data
6.1.1.2 Primary Data
6.1.2 Research Assumptions
6.1.3 Research Limitations
6.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Roles of Companies in Smart Lighting Ecosystem
Table 2 Smart Lighting Market: List of Major Patents, 2022-2024
Table 3 Smart Lighting Market: List of Key Conferences and Events, 2025-2026
Table 4 Mfn Tariff for HS Code 9405-Compliant Products, 2023
Table 5 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 6 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 RoW: Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Smart Lighting Market: Impact Analysis of Porter's Five Forces
Table 10 Smart Lighting Market: Key Strategies Adopted by Leading Players, January 2021-January 2025
Table 11 Smart Lighting Market: Degree of Competition
Table 12 Smart Lighting Market: Region Footprint
Table 13 Smart Lighting Market: Installation Type Footprint
Table 14 Smart Lighting Market: Offering Footprint
Table 15 Smart Lighting Market: End-use Application Footprint
Table 16 Smart Lighting Market: Communication Technology Footprint
Table 17 Smart Lighting Market: Detailed List of Key Startups/SMEs
Table 18 Smart Lighting Market: Competitive Benchmarking of Key Startups/SMEs
Table 19 Smart Lighting Market: Product Launches/Developments, April 2020-January 2025
Table 20 Smart Lighting Market: Deals, April 2020-January 2025
Table 21 Smart Lighting Market: Expansions, April 2020-January 2025
Table 22 Signify Holding: Company Overview
Table 23 Signify Holding: Products/Solutions/Services Offered
Table 24 Signify Holding: Product Launches/Developments
Table 25 Signify Holding: Deals
Table 26 Legrand: Company Overview
Table 27 Legrand: Products/Solutions/Services Offered
Table 28 Legrand: Product Launches /Developments
Table 29 Legrand: Deals
Table 30 Acuity Brands, Inc.: Company Overview
Table 31 Acuity Brands, Inc.: Products/Solutions/Services Offered
Table 32 Acuity Brands, Inc.: Product Launches/Developments
Table 33 Acuity Brands, Inc.: Deals
Table 34 Zumtobel Group: Company Overview
Table 35 Zumtobel Group: Products/Solutions/Services Offered
Table 36 Zumtobel Group: Deals
Table 37 Panasonic Holdings Corporation: Company Overview
Table 38 Panasonic Holdings Corporation: Products/Solutions/Services Offered
Table 39 Panasonic Holdings Corporation: Expansions
Table 40 Ams-Osram AG: Company Overview
Table 41 Ams-Osram AG: Products/Solutions/Services Offered
Table 42 Ams-Osram AG: Product Launches/Developments
Table 43 Ams-Osram AG: Deals
Table 44 Honeywell International Inc.: Company Overview
Table 45 Honeywell International Inc.: Products/Solutions/Services Offered
Table 46 Honeywell International Inc.: Deals
Table 47 Wipro Lighting: Company Overview
Table 48 Wipro Lighting: Products/Solutions/Services Offered
Table 49 Wipro Lighting: Deals
Table 50 Wipro Lighting: Expansions
Table 51 Lutron Electronics Co. Inc.: Company Overview
Table 52 Lutron Electronics Co. Inc.: Products/Solutions/Services Offered
Table 53 Lutron Electronics Co. Inc.: Product Launches/Developments
Table 54 Cree Lighting Usa LLC: Company Overview
Table 55 Cree Lighting Usa LLC: Products/Solutions/Services Offered
Table 56 Cree Lighting Usa LLC: Product Launches/Developments
Table 57 Ledvance GmbH: Company Overview
Table 58 Ledvance GmbH: Products/Solutions/Services Offered
Table 59 Ledvance GmbH: Product Launches/Developments
Table 60 Ledvance GmbH: Deals
List of Figures
Figure 1 Global Smart Lighting Market, 2021-2030 (USD Million)
Figure 2 Hardware Segment to Lead Market During Forecast Period
Figure 3 Wireless Communication Technology to Record Higher CAGR During Forecast Period
Figure 4 Retrofit Installations to Grow at Higher CAGR During Forecast Period
Figure 5 Indoor Application to Dominate Market During Forecast Period
Figure 6 Online Sales to Grow at Higher CAGR During Forecast Period
Figure 7 Asia-Pacific Held Largest Share of Smart Lighting Market in 2024
Figure 8 Smart Lighting Market: Drivers, Restraints, Opportunities, and Challenges
Figure 9 Smart Lighting Market Drivers: Impact Analysis
Figure 10 Smart Lighting Market Restraints: Impact Analysis
Figure 11 Smart Lighting Market Opportunities: Impact Analysis
Figure 12 Smart Lighting Market Challenges: Impact Analysis
Figure 13 Trends/Disruptions Influencing Customer Business
Figure 14 Smart Lighting Ecosystem Analysis
Figure 15 Smart Lighting Market: Patent Analysis, 2015-2024
Figure 16 Smart Lighting Market: Porter's Five Forces Analysis
Figure 17 Smart Lighting Market: Impact of AI/Gen AI
Figure 18 Smart Lighting Market: Revenue Analysis of Key Players, 2020-2024 (USD Billion)
Figure 19 Smart Lighting Market Share Analysis, 2024
Figure 20 Smart Lighting Market: Company Valuation, 2024
Figure 21 Smart Lighting Market: Financial Metrics, 2024
Figure 22 Smart Lighting Market: Brand/Product Comparison
Figure 23 Smart Lighting Market: Company Evaluation Matrix (Key Players), 2024
Figure 24 Smart Lighting Market: Company Footprint
Figure 25 Smart Lighting Market: Company Evaluation Matrix (Startups/SMEs), 2024
Figure 26 Signify Holding: Company Snapshot
Figure 27 Legrand: Company Snapshot
Figure 28 Acuity Brands, Inc.: Company Snapshot
Figure 29 Zumtobel Group: Company Snapshot
Figure 30 Panasonic Holdings Corporation: Company Snapshot
Figure 31 Ams-Osram AG: Company Snapshot
Figure 32 Honeywell International Inc.: Company Snapshot
Figure 33 Smart Lighting Market: Research Design

Companies Mentioned

  • Signify Holding
  • Legrand
  • Acuity Brands, Inc.
  • Zumtobel Group
  • Panasonic Holdings Corporation
  • Ams-Osram AG
  • Honeywell International Inc.
  • Wipro Lighting
  • Lutron Electronics Co. Inc
  • Cree Lighting Usa LLC
  • Ledvance GmbH
  • Hli Solutions, Inc.
  • Savant Systems, Inc.
  • Dialight
  • Schneider Electric
  • ABB
  • Lightwave
  • Rab Lighting Inc.
  • Synapse Wireless Inc.
  • Leviton Manufacturing Co. Inc.
  • Syska
  • Building Robotics Inc. (Siemens Company)
  • Helvar
  • Lifx
  • Sengled GmbH
  • Tvilight Projects B.V.
  • Nanoleaf
  • Ubicquia, Inc.
  • Jaquar India
  • Inter Ikea Systems B.V.