Smart Light/Lightning Control Market, By Component, By Technology, By Application, And By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Description

Smart Light/Lightning Control Market is estimated to be valued at USD 31.41 Bn in 2025 and is expected to reach USD 127.81 Bn by 2032, growing at a compound annual growth rate (CAGR) of 22.2% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 31.41 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	22.20%	2032 Value Projection:	USD 127.81 Bn

Smart lighting systems can be simple, point-to-point systems, or complex, interconnected networks. They are versatile and can be used for any size project. Moreover, they can be connected to each other via various communication channels and protocols. There are many benefits of smart lighting for both the end-user and the environment. There are two main types of smart lighting: smart bulbs and smart switches. A good smart lighting setup will probably include both components. However, it's important to keep in mind that it can be dangerous to install smart bulbs on smart switches. The best option is to invest in a smart home platform that can control all lighting.

Market Dynamics:

The growing demand for smart lighting systems is prompting industry players to invest in R&D and develop new products. For instance, smart lighting software applications enable consumers to control lights from their smartphones and tablets. The software applications are also connected to smart platforms and allow users to create a customized ambient ambience. Furthermore, these software applications also help in data collection in smart cities. Thus, these factors are expected to fuel growth of the global smart light/lightning control market over the forecast period.

However, factors such as reliability and security issues with IoT-based lighting systems, high initial costs of lighting accessories and equipment are expected to limit growth of the global smart light/lightning control market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global smart light/lightning control market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart light/lightning control market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Cisco System Inc., Schneider Electric, Wipro Consumer Lighting, Avnet Inc., Crestron Electronic Inc., Honeywell International Inc., Inventronics Inc, Philips Lighting Holding B.V.(Signify Holding), Legrand, Jaquar India.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart light/lightning control market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart light/lightning control market

Detailed Segmentation:

Global Smart Light/Lightning Control Market, By Component:
- Hardware
- Software
- Services
Global Smart Light/Lightning Control Market, By Technology:
- Wired
- Wireless
Global Smart Light/Lightning Control Market, By Application:
- Indoor Lighting
- Residential
- Commercial
- Industrial
- Outdoor Lightning
- Highways and Roadways
- Public Places
- Bridge and Tunnels
Global Smart Light/Lightning Control Market, By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Company Profiles:
- Cisco System Inc.
- Schneider electric
- Wipro Consumer Lighting
- Avnet Inc.
- Crestron Electronic Inc.
- Honeywell International Inc.
- Inventronics Inc.
- Philips Lighting Holding B.V.(Signify Holding)
- Legrand
- Jaquar India.

Product Code: CMI6160

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Component
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing Demand for Smart Homes
Growing Awareness of Smart Home Concepts
- Restraints
High Initial Cost of Smart Lightning Systems
Limited Awareness and Education
- Opportunities
Increasing Number of Government Initiatives for smart cities
Health and Well-being Focus
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Smart Light/Lightning Control Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Smart Light/Lightning Control Market, By Component, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)
Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Bn)

6. Global Smart Light/Lightning Control Market, By Technology, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021- 2032
- Segment Trends
Wired
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Wireless
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)

7. Global Smart Light/Lightning Control Market, By Application, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021- 2032
- Segment Trends
Indoor Lighting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Residential
Commercial
Industrial
Outdoor Lighting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Billion)
Highways and Roadways
Public Places
Bridges and Tunnels

8. Global Smart Light/Lightning Control Market, By Region, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Country 2021-2032
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)
Middle East and Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Bn)

9. Competitive Landscape

Cisco System Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Schneider Electric
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Wipro Consumer Lighting
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Avnet Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Crestron Electronic Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Honeywell International Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Inventronics Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Philips Lighting Holding B.V.(Signify Holding)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Legrand
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Jaquar India
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

10. Section

Research Methodology
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