Smart Lighting Market Scope And Analysis

Report Code : TIPTE100000112
Category : Electronics and Semiconductor

No. of Pages : 150

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Smart Lighting Market Scope, Analysis, and Trends by 2031

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Smart Lighting Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 18.45 billion
Market Size by 2031	US$ 78.33 billion
Global CAGR (2023 - 2031)	19.8%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Lighting Types Light Emitting Diode Lamp Fluorescent Lamps Compact Fluorescent Lamps High Intensity Discharge Lamps By Application Industrial Lighting Residential Lighting Commercial Lighting Government Outdoor Lighting Automotive Lighting By Connectivity Technology Wired and Wireless
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Signify Holding Legrand North America LLC ACUITY BRANDS INC Lutron Electronics Co Inc Leviton Manufacturing Co Inc Zumtobel Honeywell SAVANT TECHNOLOGIES LLC Dialight Panasonic

Smart Lighting Market News and Recent Developments

The Smart Lighting Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:

In February 2023, - Signify, one of the world leaders in lighting, supplied LED street lighting, smart poles, and a connected lighting system to the industrial parks in Huanggang City in Hubei Province, China. This large-scale smart pole project will enable the province to save energy costs and emissions while digitalizing the urban infrastructure.

(Source: Signify, Press Release, 2023)

In November 2023, in order to better seamlessly link with the Smart IoT platform and provide a more convenient smart interaction for users, Yeelight, as the authoritative solution provider in the field of smart lighting, officially rolled out an updated solution based on BLE Mesh protocol seamless setup for manufacturers and brands.

(Source: Yeelight, Press Release, 2023)

Smart Lighting Market Report Coverage and Deliverables

The "Smart Lighting Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope.
Market dynamics such as drivers, restraints, and key opportunities
Key future trends
Detailed PEST/Porter's Five Forces and SWOT analysis
Global and regional market analysis covering key market trends, major players, regulations, and recent market developments.
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments.
Detailed company profiles