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Smart Lighting Market

Smart Lighting Market (Offering: Hardware, Software, and Services; Connectivity Outlook: Wired and Wireless; Application: Indoor and Outdoor; and End-use: Residential, Commercial, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Smart Lighting Market Outlook 2031

  • The global smart lighting market was valued over US$ 11.29 Bn in 2020
  • It is estimated to expand at a CAGR of 20.3% from 2021 to 2031
  • The global smart lighting market is expected to cross the value of US$ 83.52 Bn by the end of 2031

Analysts’ Viewpoint on Smart Lighting Market Scenario

Rising smart city projects in developing countries is a major factor driving the global smart lighting market. Rapid urbanization, ongoing infrastructure development, industrial growth, and technological advancements in products are some of the factors that are expected to drive the global smart lighting market in the upcoming years. Smart lightning products are also gaining popularity from across the world. However, high initial costs of smart lighting products may hamper the market in the upcoming years. Companies in the global smart lighting market are accelerating their product development and unlock revenue opportunities to obtain competitive benefits. Market stakeholders are extending their services arms to gain a competitive edge.

Impact of COVID-19 on Smart Lighting Market

The global smart lighting market is negatively affected by COVID-19. Lockdown and shutting down of businesses led to disruption in value chain. The COVID-19 pandemic weakened all businesses, including the global smart lighting market. The market witnessed a slump in revenue and sales. However, with the gradual opening of businesses, the global smart lighting market is expected witness staggered recovery in the upcoming years. Manufacturers operating in the global smart lighting market are making use of innovative business strategies to stay financially afloat in the business.

Manufacturers are taking efforts to recover from losses due to the COVID-19 outbreak and exploring different opportunities to overcome challenges in the global market. Rising applications of smart lighting products in various end-use industries are creating value-grab opportunities for market players across the globe.

Smart lighting products such as discharge lamp, compact fluorescent lamp, LED lamps, and high intensity discharge lamps are increasingly being used in many end-use industries due to their superior performance. LED lamps can be widely used in both commercial and residential buildings, and the demand is expected to continue in the near future.

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Wireless Smart Lighting Products to Drive Global Market

Due to rapid adoption of technology, there has been an increasing demand for smart lighting products across the globe. A smart LED lighting system for housing end-use applications can be remotely controlled, and a single handheld device can enable self-learning mode via Wi-Fi transmission. Wireless communication modules such as Wi-Fi is gaining traction across the globe. It can be integrated into a remote control smart LED lighting system with improved efficiency. In indoor environments, smart lighting systems are based on the LED technology, and involve progressive drivers with dynamic spectral light reproduction and progressive sensing capabilities. Wi-Fi network and mobile Internet can be used for controlling LED bulbs from any location.

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Popularity of Energy-efficient Lighting to Fuel Global Market

Rapid advancement in technology is considered to be one of the major reasons boosting the global smart lighting market growth. Rising urbanization, industrialization, and increase in construction activities are some of the factors responsible for the rapid market growth. Rise in the number of residential building has a positive influence on the smart lighting market. The high demand for energy efficient lighting is prognosticated to play a pivotal role in driving the market.

Moreover, the growing demand for lights equipped with wireless and sensor technology has further favored the expansion of the global market. Apart from these, high demand for smart intelligent streetlights to avoid accidents and encourage smart city concept is fostering the growth of the market.

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Lucrative Opportunities for Smart Lighting Market Players in Europe

In the global smart lighting market, Europe held the leading position, and is expected to continue its dominance over the forecast period, owing to the presence of numerous players in the region and rapid adoption of smart lighting. On the other hand, the North America smart lighting market is projected to account for a significant share of the global market. Increasing government initiatives to foster adoption of smart lighting, along with technological advancements in lighting products is anticipated to help the market gain momentum in North America. It has been noted that the surrounding temperature has an impact on the quality of diodes lighting. When these lights are lit up in high temperature surroundings, parameters are noted to change the current passing by the semiconductor elements. This is likely to burn out the LED module. In order to locate a surrounding that can adapt to smart lighting system is predicted to hamper market growth. High initial cost in smart lighting is also likely to dissuade users.

Smart Lighting Market: Overview

  • According to Transparency Market Research’s latest research report on the smart lighting market for the historical period 2017–2019 and the forecast period 2021–2031, rising demand from smart city projects and ongoing trend toward smart office & smart retail trends are expected to boost the smart lighting market during the forecast period

Growing Trend of Smart Office and Smart Retail-based Smart Lighting: Key Driver of Smart Lighting Market

  • Rising use of energy is driving stages of energy dissipation and carbon emissions. This phenomenon increases the demand for energy-efficient lighting solutions, which, in turn, propels the smart lighting system market.
  • Roadways lighting and commercial building lighting consume significant energy. Energy-efficient lighting solutions play an important role in commercial spaces such as hotels, hospitals, academic institutes, roadways, monuments, gardens, parks, etc.
  • Various organizations are accepting digital disruptions to stay relevant and profitable & attract talent. Presently, commercial facilities are increasingly utilizing smart lighting for energy management and enhanced performance, which, in turn, is estimated to propel the global smart lighting market during the forecast period.
  • Small enterprises are also increasingly converging separate systems into a single, secure network infrastructure to enhance flexibility, efficiency, and performance
  • Thus, growing trend of remote workplaces and smart retail is resulting in the deployment of smart lighting. Thus, an increase in adoption of smart and automated systems by commercial enterprises is expected to fuel the smart lighting market.
  • However, high initial costs of smart equipment and accessories may hamper the market. The sluggish pace of adoption of smart lighting in industrial applications also hinders the smart lighting market at a low scale.

Wireless or Wi-Fi Smart Lighting to Witness Significant Increase in Demand

  • Demand for smart lighting is expected to increase substantially, owing to rise in adoption of numerous wireless communication modules, such as Wi-Fi. Technological developments have led to the reduction in size and cost of smart lighting due to the miniaturization of electronic instruments, which in turn is expected to offer considerable opportunities for the market.
  • Smart LED lighting system for housing end-use applications can be remotely controlled, and a single handheld device can enable self-learning mode via Wi-Fi transmission. Among the several wireless communication modules, Wi-Fi is gaining traction, as it can be integrated into a remote control smart LED lighting system with improved efficiency.
  • Moreover, in indoor environments, smart lighting systems are based on light-emitting diode (LED) technology and involve progressive drivers with dynamic spectral light reproduction and progressive sensing capabilities
  • Wi-Fi network and mobile Internet can be utilized to control LED bulbs from anywhere. Features of this system include fading lights to remotely turn them on or off. The system not only switches on automatically at sunset but also fades out to watch a movie or switches off after the user leaves the home. These factors are projected to propel the smart lighting market during the forecast period.

Smart Lighting Market: Competition Landscape

  • Detailed profiles of providers of smart lighting have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the global smart lighting market are
    • LG Corporation
    • Leviton Manufacturing Company, Inc.
    • Hubbell Incorporated
    • Panasonic
    • Honeywell International Inc.
    • Signify Holding
    • Cree, Inc.
    • Koninklijke Philips N.V.
    • OSRAM
    • Syska LED

Smart Lighting Market: Key Developments

  • Key providers of the smart lighting, such as Hubbell Incorporated, Panasonic, Honeywell International Inc., Signify Holding, Cree, Inc., and Koninklijke Philips N.V., are focused on the design of cost-effective smart lighting to attract more customers. Other key developments in the smart lighting market have been highlighted below:
    • In March 2021, Hubbell Control Solutions launched an improved version of the NX Distributed Intelligence Lighting Control Panel (NXP2 Series) that centralizes connection points in an enclosure, offering an installer-friendly solution. This newly launched version reduces time and costs to deploy code-compliant lighting control.
    • In March 2021, Hubbell Lighting entered into a partnership with LightAZ. LightAZ is a US-based luminaire manufacturing company.
    • In March 2021, Leviton launched a new line of Decora Motion Sensors designed to offer end users optimal management of lighting and motor loads with enhanced detection functionality for accurate switching
    • In October 2019, Signify acquired Cooper Lighting. Cooper Lighting is a leading provider of professional lighting, lighting controls, and connected lighting.
  • In the smart lighting market report, we have discussed individual strategies, followed by company profiles of providers of the smart lighting products. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the smart lighting market.

Smart Lighting Market Snapshot

Attribute

Detail

Market Size Value in 2020 (Base Year)

US$ 11.29 Bn

Market Forecast Value in 2031

US$ 83.52 Bn

Growth Rate (CAGR)

20.3%

Forecast Period

2021-2031

Quantitative Units

US$ Bn for Value

Market analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, porters five forces analysis, supply chain analysis, parent industry overview, etc.

Competition Landscape
  • Market Share Analysis by Company (2020)
  • Company Profiles includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc.

Format

Electronic (PDF) or word + Excel

Regions Covered
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered
  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Russia
  • Japan
  • China
  • India
  • South Korea
  • ASEAN
  • Brazil
  • Argentina
  • Rest of North America
  • GCC Countries
  • South Africa
  • North Africa

Market Segmentation
  • Offering
    • Hardware
    • Software
    • Services
  • Connectivity Outlook
    • Wired
    • Wireless
  • Application
    • Indoor
    • Outdoor
  • End-user
    • Residential
    • Commercial
      • Hotels
      • Hospitals
      • Academic Institutes
      • Roadways
      • Public Places (Monuments, Garden, Parks, etc.)
      • Others (Parking Lot, Swimming Pools, etc.)
    • Industrial

Companies Profiled
  • LG Corporation
  • Leviton Manufacturing Company, Inc.
  • Hubbell Incorporated
  • Panasonic
  • Honeywell International Inc.
  • Signify Holding
  • Cree, Inc.
  • Koninklijke Philips N.V.
  • OSRAM
  • Syska LED

Customization Scope

Available upon Request

Pricing

Available upon Request

Smart Lighting Market – Segmentation

TMR’s study of the global smart lighting market segments the market based on offering, connectivity outlook, application, end-use, and region. Changing market trends and other crucial market dynamics associated with segments of the global smart lighting market have been discussed in detail in TMR’s study.

Offering
  • Hardware
  • Software
  • Services
Connectivity Outlook
  • Wired
  • Wireless
Application
  • Indoor
  • Outdoor
End-use
  • Residential
  • Commercial
    • Hotels
    • Hospitals
    • Academic Institutes
    • Roadways
    • Public Places (Monuments, Garden, Parks, etc.)
    • Others (Parking Lot, Swimming Pools, etc.)
  • Industrial
Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

    1. Preface

        1.1. Market Introduction

        1.2. Market and Segments Definition

        1.3. Market Taxonomy

        1.4. Research Methodology

        1.5. Assumption and Acronyms

    2. Executive Summary

        2.1. Global Smart Lighting Market Analysis and Forecast

        2.2. Regional Outline

        2.3. Market Dynamics Snapshot

        2.4. Competition Blueprint

    3. Market Dynamics

        3.1. Macro-economic Factors

        3.2. Key Market Indicator

        3.3. Drivers

            3.3.1. Economic Drivers

            3.3.2. Supply Side Drivers

            3.3.3. Demand Side Drivers

        3.4. Market Restraints and Opportunities

        3.5. Market Trends

            3.5.1. Demand Side

            3.5.2. Supply Side

            3.5.3. Connectivity Outlook Trends

    4. Associated Industry and Key Indicator Assessment

        4.1. Parent Industry Overview – Lighting Industry Overview

        4.2. Supply Chain Analysis

        4.3. Connectivity Outlook Roadmap Analysis

        4.4. Industry SWOT Analysis

        4.5. Porter Five Forces Analysis

        4.6. Covid-19 Impact Analysis

    5. Global Smart Lighting Market Analysis, by Offering

        5.1. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Offering, 2017–2031

            5.1.1. Hardware

            5.1.2. Software

            5.1.3. Services

        5.2. Market Attractiveness Analysis, by Offering

    6. Global Smart Lighting Market Analysis, by Connectivity Outlook

        6.1. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Connectivity Outlook, 2017–2031

            6.1.1. Wired

            6.1.2. Wireless

        6.2. Market Attractiveness Analysis, by Connectivity Outlook

    7. Global Smart Lighting Market Analysis, by Application

        7.1. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            7.1.1. Indoor

            7.1.2. Outdoor

        7.2. Market Attractiveness Analysis, by Application

    8. Global Smart Lighting Market Analysis, by End-use

        8.1. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017–2031

            8.1.1. Residential

            8.1.2. Commercial

                8.1.2.1. Hotels

                8.1.2.2. Hospitals

                8.1.2.3. Academic Institutes

                8.1.2.4. Roadways

                8.1.2.5. Public Places (Monuments, Garden, Parks, etc.)

                8.1.2.6. Others (Parking Lot, swimming pools, etc.)

            8.1.3. Industrial

        8.2. Market Attractiveness Analysis, by End-use

    9. Global Smart Lighting Market Analysis and Forecast, by Region

        9.1. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Region, 2017–2031

            9.1.1. North America

            9.1.2. Europe

            9.1.3. Asia Pacific

            9.1.4. Middle East and Africa

            9.1.5. Rest of the World

        9.2. Market Attractiveness Analysis, by Region

    10. North America Smart Lighting Market Analysis and Forecast

        10.1. Market Snapshot

        10.2. Key Trends Analysis

        10.3. Drivers and Restraints: Impact Analysis

        10.4. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Offering, 2017–2031

            10.4.1. Hardware

            10.4.2. Software

            10.4.3. Services

        10.5. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Connectivity Outlook, 2017–2031

            10.5.1. Wired

            10.5.2. Wireless

        10.6. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            10.6.1. Indoor

            10.6.2. Outdoor

        10.7. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017–2031

            10.7.1. Residential

            10.7.2. Commercial

                10.7.2.1. Hotels

                10.7.2.2. Hospitals

                10.7.2.3. Academic Institutes

                10.7.2.4. Roadways

                10.7.2.5. Public Places (Monuments, Garden, Parks, etc.)

                10.7.2.6. Others (Parking Lot, swimming pools, etc.)

            10.7.3. Industrial

        10.8. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            10.8.1. U.S.

            10.8.2. Canada

            10.8.3. Rest of North America

        10.9. Market Attractiveness Analysis

            10.9.1. By Offering

            10.9.2. By Connectivity Outlook

            10.9.3. By Application

            10.9.4. By End-use

            10.9.5. By Country and Sub-region

    11. Europe Smart Lighting Market Analysis and Forecast

        11.1. Market Snapshot

        11.2. Key Trends Analysis

        11.3. Drivers and Restraints: Impact Analysis

        11.4. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Offering, 2017–2031

            11.4.1. Hardware

            11.4.2. Software

            11.4.3. Services

        11.5. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Connectivity Outlook, 2017–2031

            11.5.1. Wired

            11.5.2. Wireless

        11.6. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            11.6.1. Indoor

            11.6.2. Outdoor

        11.7. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017–2031

            11.7.1. Residential

            11.7.2. Commercial

                11.7.2.1. Hotels

                11.7.2.2. Hospitals

                11.7.2.3. Academic Institutes

                11.7.2.4. Roadways

                11.7.2.5. Public Places (Monuments, Garden, Parks, etc.)

                11.7.2.6. Others (Parking Lot, swimming pools, etc.)

            11.7.3. Industrial

        11.8. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            11.8.1. U.K.

            11.8.2. Germany

            11.8.3. France

            11.8.4. Italy

            11.8.5. Russia

            11.8.6. Rest of Europe

        11.9. Market Attractiveness Analysis

            11.9.1. By Offering

            11.9.2. By Connectivity Outlook

            11.9.3. By Application

            11.9.4. By End-use

            11.9.5. By Country and Sub-region

    12. Asia Pacific Smart Lighting Market Analysis and Forecast

        12.1. Market Snapshot

        12.2. Key Trends Analysis

        12.3. Drivers and Restraints: Impact Analysis

        12.4. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Offering, 2017–2031

            12.4.1. Hardware

            12.4.2. Software

            12.4.3. Services

        12.5. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Connectivity Outlook, 2017–2031

            12.5.1. Wired

            12.5.2. Wireless

        12.6. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            12.6.1. Indoor

            12.6.2. Outdoor

        12.7. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017–2031

            12.7.1. Residential

            12.7.2. Commercial

                12.7.2.1. Hotels

                12.7.2.2. Hospitals

                12.7.2.3. Academic Institutes

                12.7.2.4. Roadways

                12.7.2.5. Public Places (Monuments, Garden, Parks, etc.)

                12.7.2.6. Others (Parking Lot, swimming pools, etc.)

            12.7.3. Industrial

        12.8. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            12.8.1. China

            12.8.2. India

            12.8.3. Japan

            12.8.4. South Korea

            12.8.5. ASIAN

            12.8.6. Rest of Asia Pacific

        12.9. Market Attractiveness Analysis

            12.9.1. By Offering

            12.9.2. By Connectivity Outlook

            12.9.3. By Application

            12.9.4. By End-use

            12.9.5. By Country and Sub-region

    13. Middle East and Africa Smart Lighting Market Analysis and Forecast

        13.1. Market Snapshot

        13.2. Key Trends Analysis

        13.3. Drivers and Restraints: Impact Analysis

        13.4. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Offering, 2017–2031

            13.4.1. Hardware

            13.4.2. Software

            13.4.3. Services

        13.5. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Connectivity Outlook, 2017–2031

            13.5.1. Wired

            13.5.2. Wireless

        13.6. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            13.6.1. Indoor

            13.6.2. Outdoor

        13.7. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017–2031

            13.7.1. Residential

            13.7.2. Commercial

                13.7.2.1. Hotels

                13.7.2.2. Hospitals

                13.7.2.3. Academic Institutes

                13.7.2.4. Roadways

                13.7.2.5. Public Places (Monuments, Garden, Parks, etc.)

                13.7.2.6. Others (Parking Lot, swimming pools, etc.)

            13.7.3. Industrial

        13.8. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            13.8.1. GCC

            13.8.2. South Africa

            13.8.3. North Africa

            13.8.4. Rest of South America

        13.9. Market Attractiveness Analysis

            13.9.1. By Offering

            13.9.2. By Connectivity Outlook

            13.9.3. By Application

            13.9.4. By End-use

            13.9.5. By Country and Sub-region

    14. South America Smart Lighting Market Analysis and Forecast

        14.1. Market Snapshot

        14.2. Key Trends Analysis

        14.3. Drivers and Restraints: Impact Analysis

        14.4. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Offering, 2017–2031

            14.4.1. Hardware

            14.4.2. Software

            14.4.3. Services

        14.5. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Connectivity Outlook, 2017–2031

            14.5.1. Wired

            14.5.2. Wireless

        14.6. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Application, 2017–2031

            14.6.1. Indoor

            14.6.2. Outdoor

        14.7. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by End-use, 2017–2031

            14.7.1. Residential

            14.7.2. Commercial

                14.7.2.1. Hotels

                14.7.2.2. Hospitals

                14.7.2.3. Academic Institutes

                14.7.2.4. Roadways

                14.7.2.5. Public Places (Monuments, Garden, Parks, etc.)

                14.7.2.6. Others (Parking Lot, swimming pools, etc.)

            14.7.3. Industrial

        14.8. Smart Lighting Market Size (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2017–2031

            14.8.1. Brazil

            14.8.2. Argentina

            14.8.3. Rest of South America

        14.9. Market Attractiveness Analysis

            14.9.1. By Offering

            14.9.2. By Connectivity Outlook

            14.9.3. By Application

            14.9.4. By End-use

            14.9.5. By Country and Sub-region

    15. Competition Assessment

        15.1. Global Smart Lighting Market Competition Matrix - a Dashboard View

            15.1.1. Global Smart Lighting Market Company Share Analysis, by Value (2020)

            15.1.2. Technological Differentiator

    16. Company Profiles (Global Manufacturers/Suppliers)

        16.1. LG Corporation

            16.1.1. Overview

            16.1.2. Product Portfolio

            16.1.3. Sales Footprint

            16.1.4. Key Subsidiaries or Distributors

            16.1.5. Strategy and Recent Developments

            16.1.6. Key Financials

        16.2. Leviton Manufacturing Company, Inc.

            16.2.1. Overview

            16.2.2. Product Portfolio

            16.2.3. Sales Footprint

            16.2.4. Key Subsidiaries or Distributors

            16.2.5. Strategy and Recent Developments

            16.2.6. Key Financials

        16.3. Hubbell Incorporated

            16.3.1. Overview

            16.3.2. Product Portfolio

            16.3.3. Sales Footprint

            16.3.4. Key Subsidiaries or Distributors

            16.3.5. Strategy and Recent Developments

            16.3.6. Key Financials

        16.4. Panasonic

            16.4.1. Overview

            16.4.2. Product Portfolio

            16.4.3. Sales Footprint

            16.4.4. Key Subsidiaries or Distributors

            16.4.5. Strategy and Recent Developments

            16.4.6. Key Financials

        16.5. Honeywell International Inc.

            16.5.1. Overview

            16.5.2. Product Portfolio

            16.5.3. Sales Footprint

            16.5.4. Key Subsidiaries or Distributors

            16.5.5. Strategy and Recent Developments

            16.5.6. Key Financials

        16.6. Signify Holding

            16.6.1. Overview

            16.6.2. Product Portfolio

            16.6.3. Sales Footprint

            16.6.4. Key Subsidiaries or Distributors

            16.6.5. Strategy and Recent Developments

            16.6.6. Key Financials

        16.7. Cree, Inc.

            16.7.1. Overview

            16.7.2. Product Portfolio

            16.7.3. Sales Footprint

            16.7.4. Key Subsidiaries or Distributors

            16.7.5. Strategy and Recent Developments

            16.7.6. Key Financials

        16.8. Koninklijke Philips N.V.

            16.8.1. Overview

            16.8.2. Product Portfolio

            16.8.3. Sales Footprint

            16.8.4. Key Subsidiaries or Distributors

            16.8.5. Strategy and Recent Developments

            16.8.6. Key Financials

        16.9. OSRAM

            16.9.1. Overview

            16.9.2. Product Portfolio

            16.9.3. Sales Footprint

            16.9.4. Key Subsidiaries or Distributors

            16.9.5. Strategy and Recent Developments

            16.9.6. Key Financials

        16.10. Syska LED

            16.10.1. Overview

            16.10.2. Product Portfolio

            16.10.3. Sales Footprint

            16.10.4. Key Subsidiaries or Distributors

            16.10.5. Strategy and Recent Developments

            16.10.6. Key Financials

    17. Recommendation

        17.1. Opportunity Assessment

            17.1.1. By Offering

            17.1.2. By Connectivity Outlook

            17.1.3. By Application

            17.1.4. By End-use

            17.1.5. By Region

    List of Tables

    Table 01: Global Smart Lighting Market Value (US$ Mn) Forecast, by Offering, 2017‒2031

    Table 02: Global Smart Lighting Market Value (US$ Mn) Forecast, by Connectivity Outlook, 2017‒2031

    Table 03: Global Smart Lighting Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 04: Global Smart Lighting Market Value (US$ Mn) Forecast, by End-use, 2017‒2031

    Table 05: Global Smart Lighting Market Value (US$ Mn) Forecast, by Region, 2017‒2031

    Table 06: North America Smart Lighting Market Value (US$ Mn) Forecast, by Offering, 2017‒2031

    Table 07: North America Smart Lighting Market Value (US$ Mn) Forecast, by Connectivity Outlook, 2017‒2031

    Table 08: North America Smart Lighting Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 09: North America Smart Lighting Market Value (US$ Mn) Forecast, by End-use, 2017‒2031

    Table 10: North America Smart Lighting Market Value (US$ Mn) Forecast, by Country & Sub-region, 2017‒2031

    Table 11: Europe Smart Lighting Market Value (US$ Mn) Forecast, by Offering, 2017‒2031

    Table 12: Europe Smart Lighting Market Value (US$ Mn) Forecast, by Connectivity Outlook, 2017‒2031

    Table 13: Europe Smart Lighting Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 14: Europe Smart Lighting Market Value (US$ Mn) Forecast, by End-use, 2017‒2031

    Table 15: Europe Smart Lighting Market Value (US$ Mn) Forecast, by Country & Sub-region, 2017‒2031

    Table 16: Asia Pacific Smart Lighting Market Value (US$ Mn) Forecast, by Offering, 2017‒2031

    Table 17: Asia Pacific Smart Lighting Market Value (US$ Mn) Forecast, by Connectivity Outlook, 2017‒2031

    Table 18: Asia Pacific Smart Lighting Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 19: Asia Pacific Smart Lighting Market Value (US$ Mn) Forecast, by End-use, 2017‒2031

    Table 20: Asia Pacific Smart Lighting Market Value (US$ Mn) Forecast, by Country & Sub-region, 2017‒2031

    Table 21: Middle East & Africa Smart Lighting Market Value (US$ Mn) Forecast, by Offering, 2017‒2031

    Table 22: Middle East & Africa Smart Lighting Market Value (US$ Mn) Forecast, by Connectivity Outlook, 2017‒2031

    Table 23: Middle East & Africa Smart Lighting Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 24: Middle East & Africa Smart Lighting Market Value (US$ Mn) Forecast, by End-use, 2017‒2031

    Table 25: Middle East & Africa Smart Lighting Market Value (US$ Mn) Forecast, by Country & Sub-region, 2017‒2031

    Table 26: South America Smart Lighting Market Value (US$ Mn) Forecast, by Offering, 2017‒2031

    Table 27: South America Smart Lighting Market Value (US$ Mn) Forecast, by Connectivity Outlook, 2017‒2031

    Table 28: South America Smart Lighting Market Value (US$ Mn) Forecast, by Application, 2017‒2031

    Table 29: South America Smart Lighting Market Value (US$ Mn) Forecast, by End-use, 2017‒2031

    Table 30: South America Smart Lighting Market Value (US$ Mn) Forecast, by Country & Sub-region, 2017‒2031

    List of Figures

    Figure 01: Global Smart Lighting Market, Year-on-Year Growth, Global Overview, 2021‒2031

    Figure 02: Global Smart Lighting Market Value (US$ Mn) Projections, by Offering 2017‒2031

    Figure 03: Global Smart Lighting Market, Incremental Opportunity, by Offering, Value (US$ Mn), 2021‒2031

    Figure 04: Global Smart Lighting Market Share Analysis, by Offering, 2021 and 2031

    Figure 05: Global Smart Lighting Market Value (US$ Mn) Projections, by Connectivity Outlook, 2017‒2031

    Figure 06: Global Smart Lighting Market, Incremental Opportunity, by Connectivity Outlook, Value (US$ Mn), 2021‒2031

    Figure 07: Global Smart Lighting Market Share Analysis, by Connectivity Outlook, 2021 and 2031

    Figure 08: Global Smart Lighting Market Value (US$ Mn), Projections, by Application, 2017‒2031

    Figure 09: Global Smart Lighting Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021‒2031

    Figure 10: Global Smart Lighting Market Share Analysis, by Application, 2021 and 2031

    Figure 11: Global Smart Lighting Market Value (US$ Mn), Projections by End-use, 2017‒2031

    Figure 12: Global Smart Lighting Market, Incremental Opportunity, by End-use, Value (US$ Mn), 2021‒2031

    Figure 13: Global Smart Lighting Market Share Analysis, by End-use, 2021 and 2031

    Figure 14: Global Smart Lighting Market Value (US$ Mn), Projections by Region, 2017‒2031

    Figure 15: Global Smart Lighting Market, Incremental Opportunity, by Region, Value (US$ Mn), 2021‒2031

    Figure 16: Global Smart Lighting Market Share Analysis, by Region, 2021 and 2031

    Figure 17: North America Smart Lighting Market, Year-on-Year Growth, 2021‒2031

    Figure 18: North America Smart Lighting Market Value (US$ Mn), Projections by Offering, 2017‒2031

    Figure 19: North America Smart Lighting Market, Incremental Opportunity, by Offering, Value (US$ Mn), 2021‒2031

    Figure 20: North America Smart Lighting Market Share Analysis, by Offering, 2021 and 2031

    Figure 21: North America Smart Lighting Market Value (US$ Mn), Projections by Connectivity Outlook, 2017‒2031

    Figure 22: North America Smart Lighting Market, Incremental Opportunity, by Connectivity Outlook, Value (US$ Mn), 2021‒2031

    Figure 23: North America Smart Lighting Market Share Analysis, by Connectivity Outlook, 2021 and 2031

    Figure 24: North America Smart Lighting Market Value (US$ Mn), Projections by Application, 2017‒2031

    Figure 25: North America Smart Lighting Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021‒2031

    Figure 26: North America Smart Lighting Market Share Analysis, by Application, 2021 and 2031

    Figure 27: North America Smart Lighting Market Value (US$ Mn), Projections by End-use, 2017‒2031

    Figure 28: North America Smart Lighting Market, Incremental Opportunity, by End-use, Value (US$ Mn), 2021‒2031

    Figure 29: North America Smart Lighting Market Share Analysis, by End-use, 2021 and 2031

    Figure 30: North America Smart Lighting Market Value (US$ Mn), Projections by Country/Sub-region, 2017‒2031

    Figure 31: North America Smart Lighting Market, Incremental Opportunity, by Country/Sub-region, Value (US$ Mn), 2021‒2031

    Figure 32: North America Smart Lighting Market Share Analysis, by Country/Sub-region, 2021 and 2031

    Figure 33: Europe Smart Lighting Market, Year-on-Year Growth, 2021‒2031

    Figure 34: Europe Smart Lighting Market Value (US$ Mn), Projections by Offering, 2017‒2031

    Figure 35: Europe Smart Lighting Market, Incremental Opportunity, by Offering, Value (US$ Mn), 2021‒2031

    Figure 36: Europe Smart Lighting Market Share Analysis, by Offering, 2021 and 2031

    Figure 37: Europe Smart Lighting Market Value (US$ Mn), Projections by Connectivity Outlook, 2017‒2031

    Figure 38: Europe Smart Lighting Market, Incremental Opportunity, by Connectivity Outlook, Value (US$ Mn), 2021‒2031

    Figure 39: Europe Smart Lighting Market Share Analysis, by Connectivity Outlook, 2021 and 2031

    Figure 40: Europe Smart Lighting Market Value (US$ Mn), Projections by Application, 2017‒2031

    Figure 41: Europe Smart Lighting Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021‒2031

    Figure 42: Europe Smart Lighting Market Share Analysis, by Application, 2021 and 2031

    Figure 43: Europe Smart Lighting Market Value (US$ Mn), Projections by End-use, 2017‒2031

    Figure 44: Europe Smart Lighting Market, Incremental Opportunity, by End-use, Value (US$ Mn), 2021‒2031

    Figure 45: Europe Smart Lighting Market Share Analysis, by End-use, 2021 and 2031

    Figure 46: Europe Smart Lighting Market Value (US$ Mn), Projections by Country/Sub-region, 2017‒2031

    Figure 47: Europe Smart Lighting Market, Incremental Opportunity, by Country/Sub-region, Value (US$ Mn), 2021‒2031

    Figure 48: Europe Smart Lighting Market Share Analysis, by Country/Sub-region, 2021 and 2031

    Figure 49: Asia Pacific Smart Lighting Market, Year-on-Year Growth, 2021‒2031

    Figure 50: Asia Pacific Smart Lighting Market Value (US$ Mn), Projections by Offering, 2017‒2031

    Figure 51: Asia Pacific Smart Lighting Market, Incremental Opportunity, by Offering, Value (US$ Mn), 2021‒2031

    Figure 52: Asia Pacific Smart Lighting Market Share Analysis, by Offering, 2021 and 2031

    Figure 53: Asia Pacific Smart Lighting Market Value (US$ Mn), Projections by Connectivity Outlook, 2017‒2031

    Figure 54: Asia Pacific Smart Lighting Market, Incremental Opportunity, by Connectivity Outlook, Value (US$ Mn), 2021‒2031

    Figure 55: Asia Pacific Smart Lighting Market Share Analysis, by Connectivity Outlook, 2021 and 2031

    Figure 56: Asia Pacific Smart Lighting Market Value (US$ Mn), Projections by Application, 2017‒2031

    Figure 57: Asia Pacific Smart Lighting Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021‒2031

    Figure 58: Asia Pacific Smart Lighting Market Share Analysis, by Application, 2021 and 2031

    Figure 59: Asia Pacific Smart Lighting Market Value (US$ Mn), Projections by End-use, 2017‒2031

    Figure 60: Asia Pacific Smart Lighting Market, Incremental Opportunity, by End-use, Value (US$ Mn), 2021‒2031

    Figure 61: Asia Pacific Smart Lighting Market Share Analysis, by End-use, 2021 and 2031

    Figure 62: Asia Pacific Smart Lighting Market Value (US$ Mn), Projections by Country/Sub-region, 2017‒2031

    Figure 63: Asia Pacific Smart Lighting Market, Incremental Opportunity, by Country/Sub-region, Value (US$ Mn), 2021‒2031

    Figure 64: Asia Pacific Smart Lighting Market Share Analysis, by Country/Sub-region, 2021 and 2031

    Figure 65: Middle East & Africa Smart Lighting Market, Year-on-Year Growth, 2021‒2031

    Figure 66: Middle East & Africa Smart Lighting Market Value (US$ Mn), Projections by Offering, 2017‒2031

    Figure 67: Middle East & Africa Smart Lighting Market, Incremental Opportunity, by Offering, Value (US$ Mn), 2021‒2031

    Figure 68: Middle East & Africa Smart Lighting Market Share Analysis, by Offering, 2021 and 2031

    Figure 69: Middle East & Africa Smart Lighting Market Value (US$ Mn), Projections by Connectivity Outlook, 2017‒2031

    Figure 70: Middle East & Africa Smart Lighting Market, Incremental Opportunity, by Connectivity Outlook, Value (US$ Mn), 2021‒2031

    Figure 71: Middle East & Africa Smart Lighting Market Share Analysis, by Connectivity Outlook, 2021 and 2031

    Figure 72: Middle East & Africa Smart Lighting Market Value (US$ Mn), Projections by Application, 2017‒2031

    Figure 73: Middle East & Africa Smart Lighting Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021‒2031

    Figure 74: Middle East & Africa Smart Lighting Market Share Analysis, by Application, 2021 and 2031

    Figure 75: Middle East & Africa Smart Lighting Market Value (US$ Mn), Projections by End-use, 2017‒2031

    Figure 76: Middle East & Africa Smart Lighting Market, Incremental Opportunity, by End-use, Value (US$ Mn), 2021‒2031

    Figure 77: Middle East & Africa Smart Lighting Market Share Analysis, by End-use, 2021 and 2031

    Figure 78: Middle East & Africa Smart Lighting Market Value (US$ Mn), Projections by Country/Sub-region, 2017‒2031

    Figure 79: Middle East & Africa Smart Lighting Market, Incremental Opportunity, by Country/Sub-region, Value (US$ Mn), 2021‒2031

    Figure 80: Middle East & Africa Smart Lighting Market Share Analysis, by Country/Sub-region, 2021 and 2031

    Figure 81: South America Smart Lighting Market, Year-on-Year Growth, 2021‒2031

    Figure 82: South America Smart Lighting Market Value (US$ Mn), Projections by Offering, 2017‒2031

    Figure 83: South America Smart Lighting Market, Incremental Opportunity, by Offering, Value (US$ Mn), 2021‒2031

    Figure 84: South America Smart Lighting Market Share Analysis, by Offering, 2021 and 2031

    Figure 85: South America Smart Lighting Market Value (US$ Mn), Projections by Connectivity Outlook, 2017‒2031

    Figure 86: South America Smart Lighting Market, Incremental Opportunity, by Connectivity Outlook, Value (US$ Mn), 2021‒2031

    Figure 87: South America Smart Lighting Market Share Analysis, by Connectivity Outlook, 2021 and 2031

    Figure 88: South America Smart Lighting Market Value (US$ Mn), Projections by Application, 2017‒2031

    Figure 89: South America Smart Lighting Market, Incremental Opportunity, by Application, Value (US$ Mn), 2021‒2031

    Figure 90: South America Smart Lighting Market Share Analysis, by Application, 2021 and 2031

    Figure 91: South America Smart Lighting Market Value (US$ Mn), Projections by End-use, 2017‒2031

    Figure 92: South America Smart Lighting Market, Incremental Opportunity, by End-use, Value (US$ Mn), 2021‒2031

    Figure 93: South America Smart Lighting Market Share Analysis, by End-use, 2021 and 2031

    Figure 94: South America Smart Lighting Market Value (US$ Mn), Projections by Country/Sub-region, 2017‒2031

    Figure 95: South America Smart Lighting Market, Incremental Opportunity, by Country/Sub-region, Value (US$ Mn), 2021‒2031

    Figure 96: South America Smart Lighting Market Share Analysis, by Country/Sub-region, 2021 and 2031

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