Product Code: A74557
According to a new report published by Allied Market Research, titled, "Lighting Control System Market," The lighting control system market was valued at $17.4 billion in 2022, and is estimated to reach $34.8 billion by 2032, growing at a CAGR of 7.2% from 2023 to 2032.
The scope of the report discusses the potential opportunities for the key players to enter the lighting control system market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key areas of investment. The report includes Porter's five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. Moreover, it features the strategies adopted by key market players to maintain their foothold in the market.
The lighting control system market is segmented on the basis of component, technology, application, and region. On the basis of component, it is classified into solution and services. On the basis of technology, it is classified into wired and wireless, with wireless further classified into Wi-Fi, Bluetooth, ZigBee, proprietary, hybrid and others. On the basis of application, it is classified into indoor and outdoor, with indoor further classified into residential, commercial, and industrial, and lastly, commercial, broken down into offices, restaurant and hotel, healthcare facility, educational institution, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The growth of the global lighting control system market is driven by the increasing capability and functionality of lighting control systems. Many functionalities have been added to the lighting control systems, making them a more attractive option for customers. Another driving factor is that many governments across the world have introduced policies to support energy-saving products. For instance, the European Union and the U.S. are offering grants, easier access to loans, tax rebates, and subsidies to lighting projects, which reduce CO2 emissions. However, system reliability is a concern when lighting control systems are installed in large environments. Given the fact that lighting control systems are relatively and most of them are proprietary systems, means that these proprietary systems are rarely tested outside of the manufacturer's laboratories. On the other hand, the rapid development of smart city projects in Asia-Pacific present an opportunity for lighting control systems during the forecast period. Lighting control systems can be used to provide huge momentum in the process of building smart cities, specifically as they successfully address sustainable development challenges.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the lighting control system market analysis from 2022 to 2032 to identify the prevailing lighting control system market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the lighting control system market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global lighting control system market trends, key players, market segments, application areas, and market growth strategies.
- The key players operating in the lighting control system market are Acuity Brands, Inc. (Georgia), Cree LED (U.S.), Eaton Corporation (U.S.), General Electric (U.S.), OSRAM AG (Germany), Signify Holding (The Netherlands), Dialight (UK), Legrand S.A. (France), Lutron Electronics Co., Inc (U.S.), and Hubbell Incorporated (U.S.). These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration and business expansion to increase their market share in the global digital multimeter market during the forecast period.
Key Market Segments
By Component
By Technology
- Wired
- Wireless
- Wireless
- Wi-Fi
- Bluetooth
- ZigBee
- Proprietary
- Hybrid
- Others
By Application
- Indoor
- Indoor
- Residential
- Commercial
Commercial
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Lutron Electronics Co., Inc,
- Signify Holding
- Dialight plc.
- Cree, Inc.
- OSRAM GmbH
- Eaton Corporation
- General Electric
- Legrand S.A.
- ACUITY BRANDS, INC.
- Hubbell Incorporated
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increasing capability and functionalities of lighting control system
- 3.4.1.2. Government policies supporting energy saving products
- 3.4.2. Restraints
- 3.4.2.1. System reliability is still a concern when installed in large environments
- 3.4.3. Opportunities
- 3.4.3.1. Surging development of smart city projects in Asia-Pacific
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: LIGHTING CONTROL SYSTEM MARKET, BY COMPONENT
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Solution
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Services
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
CHAPTER 5: LIGHTING CONTROL SYSTEM MARKET, BY TECHNOLOGY
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Wired
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Wireless
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.3.4. Wireless Lighting Control System Market by Wireless
- 5.3.4.1. Wi-Fi Market size and forecast, by region
- 5.3.4.2. Wi-Fi Market size and forecast, by country
- 5.3.4.3. Bluetooth Market size and forecast, by region
- 5.3.4.4. Bluetooth Market size and forecast, by country
- 5.3.4.5. ZigBee Market size and forecast, by region
- 5.3.4.6. ZigBee Market size and forecast, by country
- 5.3.4.7. Proprietary Market size and forecast, by region
- 5.3.4.8. Proprietary Market size and forecast, by country
- 5.3.4.9. Hybrid Market size and forecast, by region
- 5.3.4.10. Hybrid Market size and forecast, by country
- 5.3.4.11. Others Market size and forecast, by region
- 5.3.4.12. Others Market size and forecast, by country
CHAPTER 6: LIGHTING CONTROL SYSTEM MARKET, BY APPLICATION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Indoor
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.2.4. Indoor Lighting Control System Market by Indoor
- 6.2.4.1. Residential Market size and forecast, by region
- 6.2.4.2. Residential Market size and forecast, by country
- 6.2.4.3. Commercial Market size and forecast, by region
- 6.2.4.4. Commercial Market size and forecast, by country
- 6.2.4.5. Commercial Lighting Control System Market by Commercial
- 6.2.4.5.1. Offices Market size and forecast, by region
- 6.2.4.5.2. Offices Market size and forecast, by country
- 6.2.4.5.3. Restaurant and Hotel Market size and forecast, by region
- 6.2.4.5.4. Restaurant and Hotel Market size and forecast, by country
- 6.2.4.5.5. Healthcare Facility Market size and forecast, by region
- 6.2.4.5.6. Healthcare Facility Market size and forecast, by country
- 6.2.4.5.7. Educational Institution Market size and forecast, by region
- 6.2.4.5.8. Educational Institution Market size and forecast, by country
- 6.2.4.5.9. Others Market size and forecast, by region
- 6.2.4.5.10. Others Market size and forecast, by country
- 6.2.4.6. Industrial Market size and forecast, by region
- 6.2.4.7. Industrial Market size and forecast, by country
- 6.3. Outdoor
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: LIGHTING CONTROL SYSTEM MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key trends and opportunities
- 7.2.2. Market size and forecast, by Component
- 7.2.3. Market size and forecast, by Technology
- 7.2.3.1. North America Wireless Lighting Control System Market by Wireless
- 7.2.4. Market size and forecast, by Application
- 7.2.4.1. North America Indoor Lighting Control System Market by Indoor
- 7.2.4.1.1. North America Commercial Lighting Control System Market by Commercial
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Key market trends, growth factors and opportunities
- 7.2.5.1.2. Market size and forecast, by Component
- 7.2.5.1.3. Market size and forecast, by Technology
- 7.2.5.1.3.1. U.S. Wireless Lighting Control System Market by Wireless
- 7.2.5.1.4. Market size and forecast, by Application
- 7.2.5.1.4.1. U.S. Indoor Lighting Control System Market by Indoor
- 7.2.5.1.4.1.1. U.S. Commercial Lighting Control System Market by Commercial
- 7.2.5.2. Canada
- 7.2.5.2.1. Key market trends, growth factors and opportunities
- 7.2.5.2.2. Market size and forecast, by Component
- 7.2.5.2.3. Market size and forecast, by Technology
- 7.2.5.2.3.1. Canada Wireless Lighting Control System Market by Wireless
- 7.2.5.2.4. Market size and forecast, by Application
- 7.2.5.2.4.1. Canada Indoor Lighting Control System Market by Indoor
- 7.2.5.2.4.1.1. Canada Commercial Lighting Control System Market by Commercial
- 7.2.5.3. Mexico
- 7.2.5.3.1. Key market trends, growth factors and opportunities
- 7.2.5.3.2. Market size and forecast, by Component
- 7.2.5.3.3. Market size and forecast, by Technology
- 7.2.5.3.3.1. Mexico Wireless Lighting Control System Market by Wireless
- 7.2.5.3.4. Market size and forecast, by Application
- 7.2.5.3.4.1. Mexico Indoor Lighting Control System Market by Indoor
- 7.2.5.3.4.1.1. Mexico Commercial Lighting Control System Market by Commercial
- 7.3. Europe
- 7.3.1. Key trends and opportunities
- 7.3.2. Market size and forecast, by Component
- 7.3.3. Market size and forecast, by Technology
- 7.3.3.1. Europe Wireless Lighting Control System Market by Wireless
- 7.3.4. Market size and forecast, by Application
- 7.3.4.1. Europe Indoor Lighting Control System Market by Indoor
- 7.3.4.1.1. Europe Commercial Lighting Control System Market by Commercial
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Key market trends, growth factors and opportunities
- 7.3.5.1.2. Market size and forecast, by Component
- 7.3.5.1.3. Market size and forecast, by Technology
- 7.3.5.1.3.1. UK Wireless Lighting Control System Market by Wireless
- 7.3.5.1.4. Market size and forecast, by Application
- 7.3.5.1.4.1. UK Indoor Lighting Control System Market by Indoor
- 7.3.5.1.4.1.1. UK Commercial Lighting Control System Market by Commercial
- 7.3.5.2. Germany
- 7.3.5.2.1. Key market trends, growth factors and opportunities
- 7.3.5.2.2. Market size and forecast, by Component
- 7.3.5.2.3. Market size and forecast, by Technology
- 7.3.5.2.3.1. Germany Wireless Lighting Control System Market by Wireless
- 7.3.5.2.4. Market size and forecast, by Application
- 7.3.5.2.4.1. Germany Indoor Lighting Control System Market by Indoor
- 7.3.5.2.4.1.1. Germany Commercial Lighting Control System Market by Commercial
- 7.3.5.3. France
- 7.3.5.3.1. Key market trends, growth factors and opportunities
- 7.3.5.3.2. Market size and forecast, by Component
- 7.3.5.3.3. Market size and forecast, by Technology
- 7.3.5.3.3.1. France Wireless Lighting Control System Market by Wireless
- 7.3.5.3.4. Market size and forecast, by Application
- 7.3.5.3.4.1. France Indoor Lighting Control System Market by Indoor
- 7.3.5.3.4.1.1. France Commercial Lighting Control System Market by Commercial
- 7.3.5.4. Italy
- 7.3.5.4.1. Key market trends, growth factors and opportunities
- 7.3.5.4.2. Market size and forecast, by Component
- 7.3.5.4.3. Market size and forecast, by Technology
- 7.3.5.4.3.1. Italy Wireless Lighting Control System Market by Wireless
- 7.3.5.4.4. Market size and forecast, by Application
- 7.3.5.4.4.1. Italy Indoor Lighting Control System Market by Indoor
- 7.3.5.4.4.1.1. Italy Commercial Lighting Control System Market by Commercial
- 7.3.5.5. Rest of Europe
- 7.3.5.5.1. Key market trends, growth factors and opportunities
- 7.3.5.5.2. Market size and forecast, by Component
- 7.3.5.5.3. Market size and forecast, by Technology
- 7.3.5.5.3.1. Rest of Europe Wireless Lighting Control System Market by Wireless
- 7.3.5.5.4. Market size and forecast, by Application
- 7.3.5.5.4.1. Rest of Europe Indoor Lighting Control System Market by Indoor
- 7.3.5.5.4.1.1. Rest of Europe Commercial Lighting Control System Market by Commercial
- 7.4. Asia-Pacific
- 7.4.1. Key trends and opportunities
- 7.4.2. Market size and forecast, by Component
- 7.4.3. Market size and forecast, by Technology
- 7.4.3.1. Asia-Pacific Wireless Lighting Control System Market by Wireless
- 7.4.4. Market size and forecast, by Application
- 7.4.4.1. Asia-Pacific Indoor Lighting Control System Market by Indoor
- 7.4.4.1.1. Asia-Pacific Commercial Lighting Control System Market by Commercial
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Key market trends, growth factors and opportunities
- 7.4.5.1.2. Market size and forecast, by Component
- 7.4.5.1.3. Market size and forecast, by Technology
- 7.4.5.1.3.1. China Wireless Lighting Control System Market by Wireless
- 7.4.5.1.4. Market size and forecast, by Application
- 7.4.5.1.4.1. China Indoor Lighting Control System Market by Indoor
- 7.4.5.1.4.1.1. China Commercial Lighting Control System Market by Commercial
- 7.4.5.2. Japan
- 7.4.5.2.1. Key market trends, growth factors and opportunities
- 7.4.5.2.2. Market size and forecast, by Component
- 7.4.5.2.3. Market size and forecast, by Technology
- 7.4.5.2.3.1. Japan Wireless Lighting Control System Market by Wireless
- 7.4.5.2.4. Market size and forecast, by Application
- 7.4.5.2.4.1. Japan Indoor Lighting Control System Market by Indoor
- 7.4.5.2.4.1.1. Japan Commercial Lighting Control System Market by Commercial
- 7.4.5.3. India
- 7.4.5.3.1. Key market trends, growth factors and opportunities
- 7.4.5.3.2. Market size and forecast, by Component
- 7.4.5.3.3. Market size and forecast, by Technology
- 7.4.5.3.3.1. India Wireless Lighting Control System Market by Wireless
- 7.4.5.3.4. Market size and forecast, by Application
- 7.4.5.3.4.1. India Indoor Lighting Control System Market by Indoor
- 7.4.5.3.4.1.1. India Commercial Lighting Control System Market by Commercial
- 7.4.5.4. South Korea
- 7.4.5.4.1. Key market trends, growth factors and opportunities
- 7.4.5.4.2. Market size and forecast, by Component
- 7.4.5.4.3. Market size and forecast, by Technology
- 7.4.5.4.3.1. South Korea Wireless Lighting Control System Market by Wireless
- 7.4.5.4.4. Market size and forecast, by Application
- 7.4.5.4.4.1. South Korea Indoor Lighting Control System Market by Indoor
- 7.4.5.4.4.1.1. South Korea Commercial Lighting Control System Market by Commercial
- 7.4.5.5. Rest of Asia-Pacific
- 7.4.5.5.1. Key market trends, growth factors and opportunities
- 7.4.5.5.2. Market size and forecast, by Component
- 7.4.5.5.3. Market size and forecast, by Technology
- 7.4.5.5.3.1. Rest of Asia-Pacific Wireless Lighting Control System Market by Wireless
- 7.4.5.5.4. Market size and forecast, by Application
- 7.4.5.5.4.1. Rest of Asia-Pacific Indoor Lighting Control System Market by Indoor
- 7.4.5.5.4.1.1. Rest of Asia-Pacific Commercial Lighting Control System Market by Commercial
- 7.5. LAMEA
- 7.5.1. Key trends and opportunities
- 7.5.2. Market size and forecast, by Component
- 7.5.3. Market size and forecast, by Technology
- 7.5.3.1. LAMEA Wireless Lighting Control System Market by Wireless
- 7.5.4. Market size and forecast, by Application
- 7.5.4.1. LAMEA Indoor Lighting Control System Market by Indoor
- 7.5.4.1.1. LAMEA Commercial Lighting Control System Market by Commercial
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Key market trends, growth factors and opportunities
- 7.5.5.1.2. Market size and forecast, by Component
- 7.5.5.1.3. Market size and forecast, by Technology
- 7.5.5.1.3.1. Latin America Wireless Lighting Control System Market by Wireless
- 7.5.5.1.4. Market size and forecast, by Application
- 7.5.5.1.4.1. Latin America Indoor Lighting Control System Market by Indoor
- 7.5.5.1.4.1.1. Latin America Commercial Lighting Control System Market by Commercial
- 7.5.5.2. Middle East
- 7.5.5.2.1. Key market trends, growth factors and opportunities
- 7.5.5.2.2. Market size and forecast, by Component
- 7.5.5.2.3. Market size and forecast, by Technology
- 7.5.5.2.3.1. Middle East Wireless Lighting Control System Market by Wireless
- 7.5.5.2.4. Market size and forecast, by Application
- 7.5.5.2.4.1. Middle East Indoor Lighting Control System Market by Indoor
- 7.5.5.2.4.1.1. Middle East Commercial Lighting Control System Market by Commercial
- 7.5.5.3. Africa
- 7.5.5.3.1. Key market trends, growth factors and opportunities
- 7.5.5.3.2. Market size and forecast, by Component
- 7.5.5.3.3. Market size and forecast, by Technology
- 7.5.5.3.3.1. Africa Wireless Lighting Control System Market by Wireless
- 7.5.5.3.4. Market size and forecast, by Application
- 7.5.5.3.4.1. Africa Indoor Lighting Control System Market by Indoor
- 7.5.5.3.4.1.1. Africa Commercial Lighting Control System Market by Commercial
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. ACUITY BRANDS, INC.
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. Cree, Inc.
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.3. Eaton Corporation
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. General Electric
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. OSRAM GmbH
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Signify Holding
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
- 9.7. Dialight plc.
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. Legrand S.A.
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Lutron Electronics Co., Inc,
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Key strategic moves and developments
- 9.10. Hubbell Incorporated
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments