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Global Smart Lighting Market Size study, by Component Outlook (Hardware, Software, Services) by Connectivity Outlook (Wired, Wireless) by Application Outlook (Indoor, Outlook) and Regional Forecasts 2022-2028

February 2022 | 200 pages | ID: G1D1014F707DEN
Bizwit Research & Consulting LLP

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Global Smart Lighting Market is valued approximately USD xx billion in 2021 and is anticipated to grow with a healthy growth rate of more than xx % over the forecast period 2022-2028. Smart Lighting is an advanced solution which helps to light your home. Smart LED bulbs contain software which connects to an application, smart home assistant or other smart accessory to automate lights or control them remotely, thus, eliminates the need for traditional wall switches. The increasing government initiatives for the use of LED based smart lights is expected to boost the market growth for the smart lighting market for the forecasted period 2021 to 2027. Furthermore, new developments in the technology are also excelling the market growth for the smart lighting market. In 2021, Hubbell Control Solutions a U.S based company launched a new and improved product NX Distributed Intelligence Lighting Control Panel (NXP2 Series) which centralizes connection points in an enclosure and it provide installer a friendly solution that helps in reducing time and costs to deploy code compliant lighting control. Also, with the growing smart offices and smart retail trends lead to the adoption & demand for Smart Lighting is likely to increase the market growth during the forecast period. However, high costs of smart LED are impeding the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Smart Lighting Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is leading region across the world in terms of market share owing to the growing use of indoor commercial smart lighting for garages, roadways, and parking. And continuous innovation and advancement in LED designs and technology is driving the demand for smart lighting market in the Europe region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising disposable income, rising economies and increasing investments in smart city projects would create lucrative growth prospects for the Smart Lighting market across Asia-Pacific region.

Major market player included in this report are:
Acuity Brands
Signify Holding
Honeywell International Inc.
Itron Inc (Streetlight Vision)
Ideal Industries, Inc.
Hдfele GmbH & Co KG
Wipro Consumer Lighting
YEELIGHT
Sengled Optoelectronics Co., Ltd.
Verizon

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component Outlook:
Hardware
Software
Services
By Connectivity Outlook:
Wired
Wireless
By Application Outlook:
Indoor
Outdoor
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Smart Lighting Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
  1.2.1. Smart Lighting Market, by Region, 2020-2028 (USD Billion)
  1.2.2. Smart Lighting Market, by Component Outlook, 2020-2028 (USD Billion)
  1.2.3. Smart Lighting Market, by Connectivity Outlook, 2020-2028 (USD Billion)
  1.2.4. Smart Lighting Market, by Application Outlook, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL SMART LIGHTING MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL SMART LIGHTING MARKET DYNAMICS

3.1. Smart Lighting Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Increasing government initiatives
    3.1.1.2. Increasing product innovation
  3.1.2. Market Challenges
    3.1.2.1. High cost of smart LED
  3.1.3. Market Opportunities
    3.1.3.1. Growing smart offices and smart retail

CHAPTER 4. GLOBAL SMART LIGHTING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 market scenario

CHAPTER 6. GLOBAL SMART LIGHTING MARKET, BY COMPONENT OUTLOOK

6.1. Market Snapshot
6.2. Global Smart Lighting Market by Component Outlook, Performance - Potential Analysis
6.3. Global Smart Lighting Market Estimates & Forecasts by Component Outlook 2019-2028 (USD Billion)
6.4. Smart Lighting Market, Sub Segment Analysis
  6.4.1. Hardware
  6.4.2. Software
  6.4.3. Services

CHAPTER 7. GLOBAL SMART LIGHTING MARKET, BY CONNECTIVITY OUTLOOK

7.1. Market Snapshot
7.2. Global Smart Lighting Market by Connectivity Outlook, Performance - Potential Analysis
7.3. Global Smart Lighting Market Estimates & Forecasts by Connectivity Outlook 2019-2028 (USD Billion)
7.4. Smart Lighting Market, Sub Segment Analysis
  7.4.1. Wired
  7.4.2. Wireless

CHAPTER 8. GLOBAL SMART LIGHTING MARKET, BY APPLICATION OUTLOOK

8.1. Market Snapshot
8.2. Global Smart Lighting Market by Application Outlook, Performance - Potential Analysis
8.3. Global Smart Lighting Market Estimates & Forecasts by Application Outlook 2019-2028 (USD Billion)
8.4. Smart Lighting Market, Sub Segment Analysis
  8.4.1. Indoor
  8.4.2. Outdoor

CHAPTER 9. GLOBAL SMART LIGHTING MARKET, REGIONAL ANALYSIS

9.1. Smart Lighting Market, Regional Market Snapshot
9.2. North America Smart Lighting Market
  9.2.1. U.S. Smart Lighting Market
    9.2.1.1. Component Outlook breakdown estimates & forecasts, 2019-2028
    9.2.1.2. Connectivity Outlook breakdown estimates & forecasts, 2019-2028
    9.2.1.3. Application Outlook breakdown estimates & forecasts, 2019-2028
  9.2.2. Canada Smart Lighting Market
9.3. Europe Smart Lighting Market Snapshot
  9.3.1. U.K. Smart Lighting Market
  9.3.2. Germany Smart Lighting Market
  9.3.3. France Smart Lighting Market
  9.3.4. Spain Smart Lighting Market
  9.3.5. Italy Smart Lighting Market
  9.3.6. Rest of Europe Smart Lighting Market
9.4. Asia-Pacific Smart Lighting Market Snapshot
  9.4.1. China Smart Lighting Market
  9.4.2. India Smart Lighting Market
  9.4.3. Japan Smart Lighting Market
  9.4.4. Australia Smart Lighting Market
  9.4.5. South Korea Smart Lighting Market
  9.4.6. Rest of Asia Pacific Smart Lighting Market
9.5. Latin America Smart Lighting Market Snapshot
  9.5.1. Brazil Smart Lighting Market
  9.5.2. Mexico Smart Lighting Market
9.6. Rest of The World Smart Lighting Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Acuity Brands
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Signify Holding
  10.2.3. Honeywell International Inc.
  10.2.4. Itron Inc (Streetlight Vision)
  10.2.5. Ideal Industries, Inc.
  10.2.6. Hдfele GmbH & Co KG
  10.2.7. Wipro Consumer Lighting
  10.2.8. YEELIGHT
  10.2.9. Sengled Optoelectronics Co., Ltd.
  10.2.10. Verizon

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Lighting market, report scope
TABLE 2. Global Smart Lighting market estimates & forecasts by Region 2019-2028 (USD Billion)
TABLE 3. Global Smart Lighting market estimates & forecasts by Component Outlook 2019-2028 (USD Billion)
TABLE 4. Global Smart Lighting market estimates & forecasts by Connectivity Outlook 2019-2028 (USD Billion)
TABLE 5. Global Smart Lighting market estimates & forecasts by Application Outlook 2019-2028 (USD Billion)
TABLE 6. Global Smart Lighting market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 7. Global Smart Lighting market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 8. Global Smart Lighting market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 9. Global Smart Lighting market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 10. Global Smart Lighting market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 11. Global Smart Lighting market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 12. Global Smart Lighting market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 13. Global Smart Lighting market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 14. Global Smart Lighting market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 15. Global Smart Lighting market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 16. U.S. Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 17. U.S. Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 18. U.S. Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 19. Canada Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 20. Canada Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 21. Canada Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 22. UK Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 23. UK Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 24. UK Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 25. Germany Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 26. Germany Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 27. Germany Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 28. RoE Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 29. RoE Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 30. RoE Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 31. China Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 32. China Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 33. China Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 34. India Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 35. India Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 36. India Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 37. Japan Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 38. Japan Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 39. Japan Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 40. RoAPAC Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 41. RoAPAC Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 42. RoAPAC Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 43. Brazil Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 44. Brazil Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 45. Brazil Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 46. Mexico Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 47. Mexico Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 48. Mexico Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 49. RoLA Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 50. RoLA Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 51. RoLA Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 52. Row Smart Lighting market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 53. Row Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 54. Row Smart Lighting market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global Smart Lighting market
TABLE 56. List of primary sources, used in the study of global Smart Lighting market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates consideredList of figures
FIG 1. Global Smart Lighting market, research methodology
FIG 2. Global Smart Lighting market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Smart Lighting market, key trends 2021
FIG 5. Global Smart Lighting market, growth prospects 2022-2028
FIG 6. Global Smart Lighting market, porters 5 force model
FIG 7. Global Smart Lighting market, pest analysis
FIG 8. Global Smart Lighting market, value chain analysis
FIG 9. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 10. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 11. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 12. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 13. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 14. Global Smart Lighting market, regional snapshot 2019 & 2028
FIG 15. North America Smart Lighting market 2019 & 2028 (USD Billion)
FIG 16. Europe Smart Lighting market 2019 & 2028 (USD Billion)
FIG 17. Asia pacific Smart Lighting market 2019 & 2028 (USD Billion)
FIG 18. Latin America Smart Lighting market 2019 & 2028 (USD Billion)
FIG 19. Global Smart Lighting market, company market share analysis (2021)




LIST OF FIGURES

FIG 1. Global Smart Lighting market, research methodology
FIG 2. Global Smart Lighting market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Smart Lighting market, key trends 2021
FIG 5. Global Smart Lighting market, growth prospects 2022-2028
FIG 6. Global Smart Lighting market, porters 5 force model
FIG 7. Global Smart Lighting market, pest analysis
FIG 8. Global Smart Lighting market, value chain analysis
FIG 9. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 10. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 11. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 12. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 13. Global Smart Lighting market by segment, 2019 & 2028 (USD Billion)
FIG 14. Global Smart Lighting market, regional snapshot 2019 & 2028
FIG 15. North America Smart Lighting market 2019 & 2028 (USD Billion)
FIG 16. Europe Smart Lighting market 2019 & 2028 (USD Billion)
FIG 17. Asia pacific Smart Lighting market 2019 & 2028 (USD Billion)
FIG 18. Latin America Smart Lighting market 2019 & 2028 (USD Billion)
FIG 19. Global Smart Lighting market, company market share analysis (2021)




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