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PUBLISHER: IMARC | PRODUCT CODE: 1754085
PUBLISHER: IMARC | PRODUCT CODE: 1754085
Lighting as a Service Market Report by Component (Luminaries and Control Equipment, Software and Communication Systems, Maintenance Services), Installation (Indoor, Outdoor), End User (Commercial, Industrial, Municipal, and Others), and Region 2025-2033
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PAGES: 146 Pages
DELIVERY TIME: 2-3 business days
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The global lighting as a service market size reached USD 1,212.1 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 19,111.7 Million by 2033, exhibiting a growth rate (CAGR) of 34.06% during 2025-2033.
Lighting as a service (LaaS) refers to a service-based model that provides technical and financial management services to enable an easy switchover from old-style lighting to smart lighting. By using sensors and the Internet of Things (IoT) technology, it assists with the installation of lighting systems and recycling equipment, along with proper maintenance and management of the same. Furthermore, it does not demand upfront investments from end users as it requires charges on a monthly basis instead of a one-time fee for light services. Through the service, lighting retrofits are charged to customers as a part of an ongoing purchase agreement, which allows the cost to be spread out over the course of several months or years. Some of the key advantages of using lighting as a service include reduced energy consumption, continual cost savings, no maintenance liability, and the ability to add-on features, including data collection, inter-device communication, and remote management.
Lighting as a Service Market Trends:
The market is majorly driven by the escalating demand for energy-efficient lighting systems across the globe. This can be attributed to the paradigm shift of the masses towards sustainable lighting solutions from conventional lighting. Moreover, continual product innovations and the launch of new products are providing an impetus to the market growth. Also, the rapid utilization of light-emitting diode (LED) as an energy-efficient lighting technology is creating a positive outlook for the market. Favorable policies and regulations adopted by government bodies of several countries for promoting energy conservation are acting as significant growth-inducing factors for the market. Some of the other factors contributing to the market include rapid urbanization and industrialization, the emergence of smart homes, the inflating disposable income levels of the masses ad extensive research and development (R&D) activities conducted by the key players.
Key Market Segmentation:
Breakup by Component:
- Luminaries and Control Equipment
- Software and Communication Systems
- Maintenance Services
Breakup by Installation:
- Indoor
- Outdoor
Breakup by End User:
- Commercial
- Industrial
- Municipal
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acuity Brands Lighting Inc., Electricity Supply Board (ESB) Group, Enlighted Inc., Every Watt Matters, LumenServe Inc., RCG LightHouse, Signify N.V., Stouch Lighting and UrbanVolt.
Key Questions Answered in This Report
- 1.How big is the global lighting as a service market?
- 2.What is the expected growth rate of the global lighting as a service market during 2025-2033?
- 3.What are the key factors driving the global lighting as a service market?
- 4.What has been the impact of COVID-19 on the global lighting as a service market?
- 5.What is the breakup of the global lighting as a service market based on the installation?
- 6.What is the breakup of the global lighting as a service market based on the end user?
- 7.What are the key regions in the global lighting as a service market?
- 8.Who are the key players/companies in the global lighting as a service market?
Product Code: SR112025A6252
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Lighting as a Service Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Luminaries and Control Equipment
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Software and Communication Systems
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Maintenance Services
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Installation
- 7.1 Indoor
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Outdoor
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End User
- 8.1 Commercial
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Industrial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Municipal
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Acuity Brands Lighting Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Electricity Supply Board (ESB) Group
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Enlighted Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Every Watt Matters
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 LumenServe Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 RCG LightHouse
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Signify N.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 Stouch Lighting
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 UrbanVolt
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.1 Acuity Brands Lighting Inc.
Product Code: SR112025A6252
List of Figures
- Figure 1: Global: Lighting as a Service Market: Major Drivers and Challenges
- Figure 2: Global: Lighting as a Service Market: Sales Value (in Million USD), 2019-2024
- Figure 3: Global: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 4: Global: Lighting as a Service Market: Breakup by Component (in %), 2024
- Figure 5: Global: Lighting as a Service Market: Breakup by Installation (in %), 2024
- Figure 6: Global: Lighting as a Service Market: Breakup by End User (in %), 2024
- Figure 7: Global: Lighting as a Service Market: Breakup by Region (in %), 2024
- Figure 8: Global: Lighting as a Service (Luminaries and Control Equipment) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Lighting as a Service (Luminaries and Control Equipment) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Lighting as a Service (Software and Communication Systems) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Lighting as a Service (Software and Communication Systems) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Lighting as a Service (Maintenance Services) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Lighting as a Service (Maintenance Services) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Lighting as a Service (Indoor) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Lighting as a Service (Indoor) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Lighting as a Service (Outdoor) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Lighting as a Service (Outdoor) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Lighting as a Service (Commercial) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Lighting as a Service (Commercial) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Lighting as a Service (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Lighting as a Service (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Lighting as a Service (Municipal) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Lighting as a Service (Municipal) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Lighting as a Service (Other End Users) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Lighting as a Service (Other End Users) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: North America: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: North America: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: United States: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: United States: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Canada: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Canada: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Asia-Pacific: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Asia-Pacific: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: China: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: China: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Japan: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Japan: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: India: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: India: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: South Korea: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: South Korea: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Australia: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Australia: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Indonesia: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Indonesia: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: Others: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: Others: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Europe: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Europe: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Germany: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Germany: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: France: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: France: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: United Kingdom: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: United Kingdom: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Italy: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Italy: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Spain: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Spain: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Russia: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Russia: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Others: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Others: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Latin America: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Latin America: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Brazil: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: Brazil: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Mexico: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Mexico: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Others: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Others: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Middle East and Africa: Lighting as a Service Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Middle East and Africa: Lighting as a Service Market: Breakup by Country (in %), 2024
- Figure 74: Middle East and Africa: Lighting as a Service Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 75: Global: Lighting as a Service Industry: SWOT Analysis
- Figure 76: Global: Lighting as a Service Industry: Value Chain Analysis
- Figure 77: Global: Lighting as a Service Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Lighting as a Service Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Lighting as a Service Market Forecast: Breakup by Component (in Million USD), 2025-2033
- Table 3: Global: Lighting as a Service Market Forecast: Breakup by Installation (in Million USD), 2025-2033
- Table 4: Global: Lighting as a Service Market Forecast: Breakup by End User (in Million USD), 2025-2033
- Table 5: Global: Lighting as a Service Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Lighting as a Service Market: Competitive Structure
- Table 7: Global: Lighting as a Service Market: Key Players
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