Lighting Control System Market Size & Share, by Component [Hardware (LED Drivers & Ballasts, Sensors, Switches & Dimmers, Others); Software, Services]; Technology [Wired (PLC, POE, Others); Wireless (Wi-Fi, Bluetooth, Others)]; Installation Type (Retrofit, New Installation); End Use Application [Indoor (Residential, Commercial, Industrial); Outdoor (Highways & Roadways Lighting, Architectural Lighting, Others)] - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4841
  • Published Date: Sep 26, 2023
  • Report Format: PDF, PPT
  1. An Introduction to the Research Study
  • Preface
  • Market Taxonomy
  • Definition of the Market and the Segments
  • Acronyms and Assumptions
  1. The Research Procedure
    • Sources of Data
      • Secondary
      • Primary
    • Calculation and Derivation of Market Size
      • Top-down approach
      • Bottom-up approach
  2. Recommendation by Analyst for C-Level Executives
  3. An Abstract of the Report
  4. Evaluation of Market Fluctuations and Outlook
    • Market Growth Drivers
    • Market Growth Challenges
    • Market Trends
  5. Fundamental Market Prospects
  6. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    • Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    • Measures taken by Countries to Reduce Carbon Footprints
    • Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    • Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    • Demand Impact on the Companies Opting for Carbon Credits
  7. Regulatory & Standards Landscape
  8. Economic Outlook: US, Europe & China
  • Limitations to US, Europe & China Economic Recovery
  • Uplifting Policies to Foster the Growth of the Economy
  • Future-Outlook and Strategic Move for Sustainable Economy
  1. Technological Shift and Implementation Analysis
  2. Industry Value Chain Analysis
    • Component Supplier Outlook
    • End User Outlook
  3. Pricing Analysis
  4. Industry Growth Outlook w.r.t. Technology
  5. Porter Five Forces Analysis
  6. End User Analysis
  7. Regional Analysis
  8. Startup Analysis
  9. Use Case Analysis
  10. Product Feature Analysis
  11. Global Lighting Control System Market Outlook & Projections, Opportunity Assessment, 2022 to 2035
    • Market Summary
    • Market Value (USD Million) Current and Future Projections, 2022-2035
    • Market Increment $ Opportunity Assessment, 2022-2035
      • By Component
        • Hardware Market Value (USD Million) Current and Future Projections, 2022-2035
          1. LED Drivers and Ballasts Market Value (USD Million) Current and Future Projections, 2022-2035
          2. Sensors Market Value (USD Million) Current and Future Projections, 2022-2035
          3. Switches and Dimmers Market Value (USD Million) Current and Future Projections, 2022-2035
          4. Relay Units Market Value (USD Million) Current and Future Projections, 2022-2035
          5. Gateways Market Value (USD Million) Current and Future Projections, 2022-2035
          6. Others Market Value (USD Million) Current and Future Projections, 2022-2035
        • Software Market Value (USD Million) Current and Future Projections, 2022-2035
        • Services Market Value (USD Million) Current and Future Projections, 2022-2035
      • By Technology
        • Wired Market Value (USD Million) Current and Future Projections, 2022-2035
          1. PLC Market Value (USD Million) Current and Future Projections, 2022-2035
          2. POE Market Value (USD Million) Current and Future Projections, 2022-2035
          3. DALI Market Value (USD Million) Current and Future Projections, 2022-2035
          4. Others Market Value (USD Million) Current and Future Projections, 2022-2035
        • Wireless Market Value (USD Million) Current and Future Projections, 2022-2035
          1. Wi-Fi Market Value (USD Million) Current and Future Projections, 2022-2035
          2. Bluetooth Market Value (USD Million) Current and Future Projections, 2022-2035
          3. Zigbee Market Value (USD Million) Current and Future Projections, 2022-2035
          4. Others Market Value (USD Million) Current and Future Projections, 2022-2035
      • By Installation Type
  • Retrofit Market Value (USD Million) Current and Future Projections, 2022-2035
  • New Installation Market Value (USD Million) Current and Future Projections, 2022-2035
    • By End Use Application
      • Indoor Market Value (USD Million) Current and Future Projections, 2022-2035
        1. Residential Market Value (USD Million) Current and Future Projections, 2022-2035
        2. Commercial Market Value (USD Million) Current and Future Projections, 2022-2035
        3. Industrial Market Value (USD Million) Current and Future Projections, 2022-2035
      • Outdoor Market Value (USD Million) Current and Future Projections, 2022-2035
        1. Highways & Roadways Lighting Market Value (USD Million) Current and Future Projections, 2022-2035
        2. Architectural Lighting Market Value (USD Million) Current and Future Projections, 2022-2035
        3. Lighting for Public Places Market Value (USD Million) Current and Future Projections, 2022-2035
    • By Geography
      • North America Market Value (USD Million) Current and Future Projections, 2022-2035
      • Latin America Market Value (USD Million) Current and Future Projections, 2022-2035
      • Europe Market Value (USD Million) Current and Future Projections, 2022-2035
      • Asia Pacific Excluding Japan (APEJ) Market Value (USD Million) Current and Future Projections, 2022-2035
      • Japan Market Value (USD Million) Current and Future Projections, 2022-2035
      • Middle East and Africa Market Value (USD Million) Current and Future Projections, 2022-2035
  1. Cross Analysis of Technology w.r.t. End Use Application (USD Million), 2022
  2. North America Lighting Control System Market Valuation, Business Viewpoint, and Forecast by Region, 2022-2035
    • Market Overview
    • Market Value (in USD Million)
    • Market Segmentation:
      • By Component
        • Hardware Market Value (USD Million) Current and Future Projections, 2022-2035
          1. LED Drivers and Ballasts Market Value (USD Million) Current and Future Projections, 2022-2035
          2. Sensors Market Value (USD Million) Current and Future Projections, 2022-2035
          3. Switches and Dimmers Market Value (USD Million) Current and Future Projections, 2022-2035
          4. Relay Units Market Value (USD Million) Current and Future Projections, 2022-2035
          5. Gateways Market Value (USD Million) Current and Future Projections, 2022-2035
          6. Others Market Value (USD Million) Current and Future Projections, 2022-2035
        • Software Market Value (USD Million) Current and Future Projections, 2022-2035
        • Services Market Value (USD Million) Current and Future Projections, 2022-2035
      • By Technology
        • Wired Market Value (USD Million) Current and Future Projections, 2022-2035
          1. PLC Market Value (USD Million) Current and Future Projections, 2022-2035
          2. POE Market Value (USD Million) Current and Future Projections, 2022-2035
          3. DALI Market Value (USD Million) Current and Future Projections, 2022-2035
          4. Others Market Value (USD Million) Current and Future Projections, 2022-2035
        • Wireless Market Value (USD Million) Current and Future Projections, 2022-2035
          1. Wi-Fi Market Value (USD Million) Current and Future Projections, 2022-2035
          2. Bluetooth Market Value (USD Million) Current and Future Projections, 2022-2035
          3. Zigbee Market Value (USD Million) Current and Future Projections, 2022-2035
          4. Others Market Value (USD Million) Current and Future Projections, 2022-2035
      • By Installation Type
  • Retrofit Market Value (USD Million) Current and Future Projections, 2022-2035
  • New Installation Market Value (USD Million) Current and Future Projections, 2022-2035
    • By End Use Application
      • Indoor Market Value (USD Million) Current and Future Projections, 2022-2035
        1. Residential Market Value (USD Million) Current and Future Projections, 2022-2035
        2. Commercial Market Value (USD Million) Current and Future Projections, 2022-2035
        3. Industrial Market Value (USD Million) Current and Future Projections, 2022-2035
      • Outdoor Market Value (USD Million) Current and Future Projections, 2022-2035
        1. Highways & Roadways Lighting Market Value (USD Million) Current and Future Projections, 2022-2035
        2. Architectural Lighting Market Value (USD Million) Current and Future Projections, 2022-2035
        3. Lighting for Public Places Market Value (USD Million) Current and Future Projections, 2022-2035
    • By Country
      • US Market Value (USD Million) Current and Future Projections, 2022-2035
      • Canada Market Value (USD Million) Current and Future Projections, 2022-2035
  1. Latin America Lighting Control System Market Valuation, Business Viewpoint and Forecast by Region, 2022-2035
  • Market Overview
  • Market Value (in USD Million)
  • Market Segmentation:
    • By Component
    • By Technology
    • By Installation Type
    • By End Use Application
    • By Country
      • Brazil, Market Value (USD Million) Current and Future Projections, 2022-2035
      • Mexico, Market Value (USD Million) Current and Future Projections, 2022-2035
      • Argentina, Market Value (USD Million) Current and Future Projections, 2022-2035
      • Rest of Latin America, Market Value (USD Million) Current and Future Projections, 2022-2035
  1. Europe Lighting Control System Market Valuation, Business Viewpoint, and Forecast by Region, 2022-2035
    • Market Overview
    • Market Value (in USD Million)
    • Market Segmentation:
      • By Component
      • By Technology
      • By Installation Type
      • By End Use Application
      • By Country
        • Germany Market Value (USD Million) Current and Future Projections, 2022-2035
        • UK Market Value (USD Million) Current and Future Projections, 2022-2035
        • Italy Market Value (USD Million) Current and Future Projections, 2022-2035
        • France Market Value (USD Million) Current and Future Projections, 2022-2035
        • Spain Market Value (USD Million) Current and Future Projections, 2022-2035
        • BENELUX Market Value (USD Million) Current and Future Projections, 2022-2035
        • Russia Market Value (USD Million) Current and Future Projections, 2022-2035
        • Poland Market Value (USD Million) Current and Future Projections, 2022-2035
        • Rest of Europe Market Value (USD Million) Current and Future Projections, 2022-2035
  2. Asia Pacific Excluding Japan (APEJ) Lighting Control System Market Valuation, Business Viewpoint and Forecast by Region, 2022-2035
    • Market Overview
    • Market Value (in USD Million)
    • Market Segmentation:
      • By Component
      • By Technology
      • By Installation Type
      • By End Use Application
      • By Country
        • China, Market Value (USD Million) Current and Future Projections, 2022-2035
        • India, Market Value (USD Million) Current and Future Projections, 2022-2035
        • Indonesia, Market Value (USD Million) Current and Future Projections, 2022-2035
        • South Korea, Market Value (USD Million) Current and Future Projections, 2022-2035
        • Australia, Market Value (USD Million) Current and Future Projections, 2022-2035
        • Singapore, Market Value (USD Million) Current and Future Projections, 2022-2035
        • Malaysia, Market Value (USD Million) Current and Future Projections, 2022-2035
        • New Zealand, Market Value (USD Million) Current and Future Projections, 2022-2035
        • Rest of APEJ, Market Value (USD Million) Current and Future Projections, 2022-2035
  3. Japan Lighting Control System Market Valuation, Business Viewpoint and Forecast, 2022-2035
    • Market Overview
    • Market Value (in USD Million)
    • Market Segmentation:
      • By Component
      • By Technology
      • By Installation Type
      • By End Use Application
  4. Middle East and Africa Lighting Control System Market Valuation, Business Viewpoint and Forecast by Region, 2022-2035
    • Market Overview
    • Market Value (in USD Million)
    • Market Segmentation:
      • By Component
      • By Technology
      • By Installation Type
      • By End Use Application
      • By Country
        • GCC Market Value (USD Million) Current and Future Projections, 2022-2035
        • Israel Market Value (USD Million) Current and Future Projections, 2022-2035
        • South Africa Market Value (USD Million) Current and Future Projections, 2022-2035
        • Rest of MEA Market Value (USD Million) Current and Future Projections, 2022-2035
  5. Comprehensive Analysis of Leading Players in the Market
    • Market share of Key Competitors in the Market, (%) 2022
    • Profile of the Major Vendors
      • Signify Holding
      • Current Lighting Solutions, LLC
      • Legrand
      • Eaton
      • ACUITY BRANDS, INC.
      • OSRAM GmbH
      • Cree Lighting
      • Lutron Electronics Co., Inc
      • Leviton Manufacturing Co., Inc.
      • Dialight
      • Other Prominent Players

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Lighting Control System Market size is expected to cross USD 106.03 billion by the end of 2035, growing at a CAGR of 16.83% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of lighting control system was USD 14.09 billion. This growth in market revenue is set to be influenced by the growing adoption of LED lights since it is estimated that it saves energy. For instance, when compared to conventional incandescent bulbs, LEDs can save up to 90% on energy and have a 25-times longer lifespan. Further, the LED lighting is supported by the lighting control system, which makes automated scheduling, dimming, and occupancy-based management possible, further lowering energy consumption and maintenance expenses.

Additionally, there has been growth in number of parking lots which requires effective lighting solution. Therefore, the adoption od LED lighting is growing further boost the market for lighting control systems in order to create efficient control set up.


Lighting Control System Market
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Lighting Control System Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Focus to Reduce Carbon Footprint: Switching off the lights when not in operation is a popular way to reduce one's carbon footprint. By switching off the lights, it is possible to reduce greenhouse gas emissions, particularly carbon dioxide emissions. This will be easy to accomplish if a smart lighting management system that makes utilization of several technologies is installed. The market for lighting control systems is therefore expected to grow quickly in the years to come.
  • Rising Adoption of IoT & Other Smart Devices: Smart lighting enables users to control the lights in their homes or places of business using a smartphone, smart home platform, or IoT-enabled sensors, bulbs, or adapters. Therefore, further with the growing adoption of smartphones, the market is also estimated to grow. In 2023, there are expected to be about 5 billion smartphone users worldwide, which equates to approximately 84% of the world's population owning a smartphone.
  • Surge in Smart Cities Initiatives: The development of a smart lighting control system in a smart city is a subject that attracts the attention of several scholars from around the world. The implementation of a lighting control system can offer fantastic solutions that raise the livability of smart cities and their residents' standards of living. It is therefore envisaged that it will offer profitable opportunities for market expansion.

Challenges

  • High Initial & Development Cost - The widespread adoption of the lighting control industry is being constrained by the high initial cost along with the cost of integration and maintenance services. Additionally, gateways, power relay devices, and expensive software must be purchased for lighting control systems. This factor has an impact on the expansion of the lighting control market. Incorporating the lighting control system with other devices is also getting more expensive. Hence, compared to conventional lighting systems, the cost of electronic components and installation is significantly higher.
  • Complex Installation & Integration Process
  • Concern for Cybersecurity 

Lighting Control System Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

16.83%

Base Year Market Size (2022)

USD 14.09 Billion

Forecast Year Market Size (2035)

USD 106.03 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Lighting Control System Segmentation

End Use Application [Indoor (Residential, Commercial, Industrial), Outdoor (Highways & Roadways Lighting, Architectural Lighting, Lighting for Public Places)]

The indoor segment in the lighting control system market is expected to generate the highest revenue of USD 78.9 billion by the end of 2035. The growth of the segment can be attributed to growth in number of commercial spaces such as school, malls, and more. Not only in office spaces and industries but the adoption of lighting control system by residential sector is also experiencing surge. Moreover, growth in construction of luxury house is also estimated to influence the demand for lighting control system.

Component [Hardware (LED Drivers & Ballasts, Sensors, Switches & Dimmers, Relay Units, Gateways, Others), Software, Services]

Lighting control system market from the software segment is projected to grow at the highest CAGR of 17.79% over the forecast period. A wide range of software and applications are available for the implementation of lighting control systems. A wide range of tasks may be carried out by the software, such as finding control points, establishing control points to zones, programming sequences of operation for zones, calibrating sensors, tracking control points, sending service alerts/alarms, keeping track of energy use and other data collected, backing up data and event logs, and creating users/access levels.

Our in-depth analysis of the global market includes the following segments:

 

 

 

 

     Component

  • Hardware
    • LED Drivers & Ballasts
    • Sensors
    • Switches & Dimmers
    • Relay Units
    • Gateways
    • Others
  • Software
  • Services

 

 

 

     Technology

  • Wired
    • PLC
    • POE
    • DALI
    • Others
  • Wireless
    • Wi-Fi
    • Bluetooth
    • Zigbee
    • Others

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Lighting Control System Industry- Regional Synopsis

APAC Market Forecast

The market for lighting control system for Asia Pacific excluding Japan is estimated to generate the largest revenue of USD 32.02 billion by the end of 2035, up from a revenue of USD 3.97 billion in the year 2022. APAC is the largest and fastest-growing regional lighting control system market in the globe due to rapid urbanization. Asia is inhabited to over than 2.2 billion people, or 54% of the world's urban population. In Asia, another 1.2 billion people are expected to reside in urban areas by 2050, a growth of 50%. Hence, this growth in urban populations is estimated to consume and also waste more energy. As a result, the market is growing in this region.

North American Market Analysis

The North America lighting control system market is projected to have significant growth with a revenue of USD 31.48 billion over the forecast period. The region’s lighting control systems have undergone significant technological developments, including the integration of wireless connectivity, and sophisticated sensors. With the utilization of these technologies, lighting systems may be intelligently monitored in real time and connected seamlessly, improving both user comfort and energy savings. Hence, with the growing technology advancement in this region the market is expected to grow.

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Lighting Control System Market Size
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Companies Dominating the Lighting Control System Landscape

top-features-companies
    • Signify Holding
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Current Lighting Solutions Inc.
    • Legrand
    • Eaton
    • ACUITY BRANDS, INC.
    • OSRAM GmbH
    • Cree Lighting
    • Lutron Electronics Co., Inc
    • Leviton Manufacturing Co., Inc.
    • Dialight
    • Other Prominent Players

In-the-news

In The News

  • The leading lighting company in the world, Signify Holding, will introduce brand-new luminaires and the most recent developments in IoT-based lighting control at the EuroShop 2023 retail trade show. The fresh innovations help the retail industry make the transition to a future that is more connected, sustainable, and energy-efficient.
  • Acuity Brands, Inc., a leader in the industrial technology sector, recently stated that it will continue to work with Microsoft to develop new features for its smart lighting, lighting controls, and building automation solutions.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 4841
  • Published Date: Sep 26, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing focus to reduce carbon footprint, rising adoption of IoT & other smart devices, and surge in smart cities initiatives.

The market size of lighting control system is anticipated to attain a CAGR of 16.83% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Signify Holding, Current Lighting Solutions Inc., Legrand, Eaton, and others.

The software segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific excluding Japan region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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