Lighting-as-a-Service (LaaS) companies

  • Report ID: 2966
  • Published Date: May 26, 2025
  • Report Format: PDF, PPT

Major Players in the LaaS Market

    The global lighting-as-a-service market remains competitive with established multinational corporations from the U.S., Europe, and APAC holding leading shares. Acuity Brands, Signify, OSRAM, and others hold dominant shares in the global market. Trends within the sector highlight increasing investments in energy-efficient technologies to expand market presence. The table below highlights the major players in the IaaS market along with their revenue shares (2024):

    Company Name

    Country

    Revenue Share (2024)

    Signify N.V.

    Netherlands

    18.8%

    Acuity Brands, Inc.

    USA

    15.7%

    OSRAM Licht AG

    Germany

    13.6%

    Panasonic Corporation

    Japan

    10,4%

    Cree, Inc. (now Wolfspeed)

    USA

    9.9%

    Toshiba Lighting & Technology

    Japan

    XX

    Koninklijke Philips N.V.

    Netherlands

    XX

    Samsung Electronics

    South Korea

    XX

    Crompton Greaves Consumer Electricals

    India

    XX

    Havells India Limited

    India

    XX

    Clipsal by Schneider Electric

    Australia

    XX

    Dialight PLC

    UK

    XX

    Osram Continental GmbH

    Germany

    XX

    Lumileds Holding B.V.

    Netherlands

    XX

    Panasonic Malaysia

    Malaysia

    XX

    Below are the areas covered for each company that is a key player in the lighting-as-a-service market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

Currently in 2025, the industry revenue of lighting-as-a-service is evaluated at USD 1.9 billion.

The global lighting-as-a-service market is set to rise from USD 1.6 billion in 2024 to USD 10 billion by 2037, witnessing a CAGR of more than 16.7% throughout the forecast period, between 2025 and 2037.

The Asia Pacific region lighting-as-a-service market is projected to register a remarkable revenue share between 2025 and 2037.

The major players in the market include Signify N.V., Acuity Brands, Inc., OSRAM Licht AG, Panasonic Corporation, Cree, Inc. (now Wolfspeed), Toshiba Lighting & Technology, Koninklijke Philips N.V. and other.
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