PUBLISHER: TechNavio | PRODUCT CODE: 2005482
PUBLISHER: TechNavio | PRODUCT CODE: 2005482
The global smart lighting market is forecasted to grow by USD 139361.2 mn during 2025-2030, accelerating at a CAGR of 18.8% during the forecast period. The report on the global smart lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing emphasis on energy conservation and stringent governmental regulations, proliferation of iot ecosystem and advancements in wireless communication protocols, escalating demand for enhanced user experience, personalization, and operational versatility.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 17.8% |
| CAGR | 18.8% |
| Incremental Value | $139361.2 mn |
Technavio's global smart lighting market is segmented as below:
By Component
By Product
By Connectivity
Geography
This study identifies the ascendancy of human-centric lighting and focus on wellness as one of the prime reasons driving the global smart lighting market growth during the next few years. Also, deep integration with building automation and rise of lighting-powered iot network and proliferation of laas business models will lead to sizable demand in the market.
The report on the global smart lighting market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global smart lighting market vendors that include Acuity Brands Inc., ams OSRAM AG, Cree Lighting, Current Lighting Solutions LLC, Digital Lumens Inc., Eaton Corp. Plc, Govee, Hubbell Inc., Legrand SA, Leviton Manufacturing Co. Inc., LIFX, Lutron Electronics Co. Inc., Nanoleaf Canada Ltd., RAB Lighting Inc., Samsung Electronics Co. Ltd., Shengdi Smart Technology Co. Ltd, Signify NV, TP Link Corp. Ltd., YEELIGHT, Zumtobel Group AG. Also, the global smart lighting market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.