by
According to the Foreclaro Global Research, the
Global
Smart Lighting Market size was valued at USD 19411.5
million in 2024. The report “Global Smart
Lighting Market Segmentation By Component (Hardware {Lamp, Luminaire},
Software, Services), By Connectivity (Wired, Wireless), By Application (Indoor
{Residential, Commercial}, Outdoor {Highways and Roadways, Architectural, Others})- Industry Trends and Forecast to
2033” gives a
detailed insight into current market dynamics and provides analysis on future
market growth.
The global smart lighting market is witnessing
robust growth driven by increasing demand for energy-efficient lighting
solutions and the rapid adoption of smart homes, smart buildings, and smart
city initiatives. Smart lighting systems combine LED technology with sensors,
connectivity, and advanced control software to enable automated, adaptive, and
remote lighting management. These systems help reduce energy consumption, lower
operational costs, and improve user comfort and productivity. Technological advancements
in Internet of Things (IoT), wireless communication, and artificial
intelligence are enhancing system functionality through features such as
occupancy sensing, daylight harvesting, and voice control. The commercial and
outdoor segments account for a significant share due to high energy-saving
potential and large-scale deployments, while residential adoption continues to
rise. Government regulations promoting sustainability and energy conservation
further support market expansion. Emerging economies present strong growth
opportunities as urbanization and infrastructure development accelerate
worldwide.
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Global Smart
Lighting Market Report Highlights
· Market
Growth: Strong market expansion driven by rising demand for energy-efficient
lighting and increasing adoption of smart homes, buildings, and smart city
projects.
· Integration
of IoT, AI, sensors, and wireless connectivity enabling automated, adaptive,
and remotely controlled lighting systems.
· Hardware
(smart lamps and luminaires) dominates the market, while software and services
are growing rapidly due to centralized control and analytics demand.
· Wireless
smart lighting solutions are gaining traction over wired systems due to
flexibility, ease of installation, and suitability for retrofit applications.
· Commercial
indoor and outdoor lighting, including street lighting and architectural
applications, account for a major share, supported by energy-saving
requirements.
· North
America and Europe lead in adoption, while Asia-Pacific emerges as the
fastest-growing region driven by urbanization and infrastructure modernization.
Foreclaro
Global Research has segmented the Smart Lighting Market report based on Component,
Connectivity, Application, and region:
Smart
Lighting Market, Component Outlook (Revenue - USD Million, 2020 - 2033)
Hardware
·
Lamp
·
Luminaire
Software
Services
Smart
Lighting Market, Connectivity Outlook (Revenue - USD Million, 2020 - 2033)
Wired
Wireless
Smart
Lighting Market, Application Outlook (Revenue - USD Million, 2020 - 2033)
Indoor
·
Residential
·
Commercial
Outdoor
·
Highways
and Roadways
·
Architectural
·
Others
Smart
Lighting Market, Regional Outlook (Revenue - USD Million, 2020 - 2033)
North
America
·
United
States
·
Canada
·
Mexico
Europe
·
United
Kingdom
·
Germany
·
France
·
Spain
·
Italy
·
Rest
of Europe
Asia
Pacific
·
China
·
India
·
Japan
·
Australia
·
South
Korea
·
Rest
of Asia Pacific
Latin
America
·
Brazil
·
Argentina
·
Rest
of Latin America
Middle East
& Africa
·
Saudi
Arabia
·
South
Africa
·
Rest
of MEA
Global Smart Lighting Market Key Players
·
Acuity Brands Lighting, Inc.
·
Signify Holding
·
Honeywell International Inc.
·
Itron Inc.
·
IDEAL INDUSTRIES, INC.
·
Häfele America Co.
·
Wipro Lighting
·
YEELIGHT.
·
Sengled Optoelectronics Co., Ltd.
·
Verizon
·
Schneider Electric
