USD 12 billion
Intelligent Lighting Controls Market Size, Share, Growth Analysis, By Type of Control System(Wired Control Systems, and Wireless Control Systems), By Component(Sensors, Dimmers and Switches, LED Drivers, Microcontrollers and Microprocessors), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45C2050 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|Tables:
65
|Figures:
70
Intelligent Lighting Controls Market Insights
Global Intelligent Lighting Controls Market size was valued at USD 12 billion in 2022 and is poised to grow from USD 12.74 billion in 2023 to USD 20.62 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).
The intelligent lighting controls market is experiencing significant growth driven by the increasing adoption of energy-efficient and smart lighting solutions. Intelligent lighting controls encompass a range of technologies and systems that enable users to remotely manage and optimize lighting in various environments. These controls include motion sensors, dimmers, timers, smart switches, and advanced lighting management systems.
The market is being fueled by the growing emphasis on sustainability and energy conservation, as intelligent lighting controls enable users to adjust lighting levels based on occupancy, daylight availability, and specific needs. This not only reduces energy consumption but also extends the lifespan of lighting fixtures. Additionally, the integration of IoT (Internet of Things) technology has revolutionized the market, allowing for seamless connectivity and control via smartphones, tablets, and voice assistants.
The commercial sector, including offices, retail spaces, and industrial facilities, is a significant driver of the intelligent lighting controls market, as organizations seek to enhance energy efficiency and create comfortable environments. The residential sector is also witnessing increased adoption, driven by the convenience and aesthetic benefits offered by smart lighting systems. As smart city initiatives gain traction, intelligent lighting controls are playing a pivotal role in creating urban environments that are energy-efficient, environmentally friendly, and responsive to user preferences. Overall, the intelligent lighting controls market is poised for continued expansion as technological advancements and sustainability concerns shape the future of lighting systems.
US Intelligent Lighting Controls Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Wireless Control Systems
Fastest Growth
Wired Control Systems
Growth Rate
6.2% CAGR
Global Intelligent lighting controls market ($ Bn)
Country Share for North America Region (%)
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Intelligent Lighting Controls Market Segmental Analysis
The Intelligent lighting controls market is segmented by Type of Control System, Component, Application, and Region. Based on Type of Control System the market is segmented as, Wired Control Systems, Wireless Control Systems. Based on Component the market is segmented as, Sensors, Dimmers and Switches, LED Drivers, Microcontrollers and Microprocessors, Smart Lighting Platforms, Others. Based on Application the market is segmented as, Residential, Commercial, Industrial, Outdoor Public Spaces, Healthcare, Education, Others. Regional the market is segmented as, North America, Asia Pacific, Latin America, and Middle East & Africa (MEA).
Intelligent Lighting Controls Market Analysis By Type of Control
Among the segments in the intelligent lighting controls market, the Wireless Control Systems segment has emerged as the dominating force. This dominance is primarily attributed to the inherent flexibility and scalability offered by wireless solutions. Wireless control systems eliminate the need for complex wiring installations, making them ideal for retrofit applications and spaces where traditional wired systems are impractical. The convenience of remote control and the ability to integrate with smart devices have further fueled the adoption of wireless solutions, especially in commercial and residential settings.
Concurrently, the Fastest-Growing Segment is the Wired Control Systems category. While wireless systems have gained prominence, wired control systems are experiencing renewed interest due to advancements in connectivity protocols and network reliability. In specific applications, such as large-scale installations or environments with existing wired infrastructure, wired solutions provide robustness and stability. Additionally, the integration of wired controls with building management systems contributes to their growth, offering comprehensive and centralized control over lighting and energy management. As industries and users recognize the benefits of both wireless and wired options, the intelligent lighting controls market witnesses a dynamic interplay between these segments.
Intelligent Lighting Controls Market Analysis By Component
Within the intelligent lighting controls market, the Dominating Segment is the Sensors category. Sensors, including motion sensors, light sensors, and occupancy sensors, are pivotal components of intelligent lighting systems as they enable automatic adjustments based on occupancy and ambient lighting conditions. These sensors enhance energy efficiency by ensuring that lights are only activated when needed, contributing to substantial energy savings in both residential and commercial spaces.
Simultaneously, the Fastest-Growing Segment is the Smart Lighting Platforms. With the advent of the Internet of Things (IoT) and advanced connectivity, smart lighting platforms have gained rapid traction. These platforms offer centralized control, data analytics, and remote management capabilities, enabling users to optimize lighting patterns, monitor energy consumption, and personalize lighting experiences. The integration of smart lighting platforms with voice assistants and mobile applications further accelerates their adoption in various settings. As industries and consumers increasingly seek intelligent lighting solutions that offer convenience, customization, and energy efficiency, the smart lighting platforms segment is experiencing remarkable growth and innovation.
Global Intelligent lighting controls market By Type of Control System
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Intelligent Lighting Controls Market Regional Insights
North America stands as the primary revenue contributor, projected to achieve a growth rate of 15.2% in terms of Compound Annual Growth Rate (CAGR). This region encompasses countries such as the U.S. and Canada, which are at the forefront of technology adoption. North America has reached a maturity stage in the adoption of intelligent lighting controls, with wireless connectivity controls being prominently embraced. Industry leaders like General Electric and Acuity Brands, Inc. have introduced advanced lighting control solutions in the region. The North American market is experiencing substantial demand for intelligent lighting controls, driven by societal and regulatory initiatives aimed at reducing energy consumption and overall CO2 emissions. Notably, regulations like California's EPAct have spurred the deployment of intelligent lighting control systems, enabling companies to qualify for local and federal utility rebate programs focused on energy conservation.
Meanwhile, the Europe intelligent lighting controls market is projected to reach USD 11,425 million by 2030, exhibiting a CAGR of 16.5%. Europe, encompassing countries like the UK, Germany, France, and Russia, leads in the adoption of energy-efficient products due to stringent regulations and elevated electricity costs. Industry giants such as Schneider Electric and Siemens AG are introducing wireless communication room controllers, catering to small and large smart buildings and homes as well as automotive structures. Europe's focus on energy efficiency is evident in measures like annual energy sales reduction targets, mandatory energy efficiency certificates for building sales and rentals, and standards for products like household appliances and lighting. Intelligent lighting controls align with these benchmarks set by the EU commission.
In the Asia-Pacific region, which ranks as the third largest, the adoption of intelligent lighting controls is driven by factors such as the need to decrease energy consumption and CO2 emissions, enhance public safety, reduce light pollution, and minimize maintenance expenses. Utility rebates and incentives are encouraging the establishment of sustainable work environments. The region is witnessing a surge in the retail and construction sectors, escalating energy demand and emphasizing the urgency of energy-efficient solutions. As the demand for electricity continues to grow, the Asia-Pacific region is anticipated to experience high adoption of smart lighting controls.
Global Intelligent lighting controls market By Region
- Largest
- Fastest
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Intelligent Lighting Controls Market Dynamics
Intelligent Lighting Controls Market Drivers
Increased Use of LED Lighting and Bulbs Worldwide:
- The realm of architectural lighting, encompassing both indoor and outdoor settings, has undergone a rapid transformation propelled by the integration of LED lamps. The widespread adoption of LEDs has been spurred by declining unit costs and continuous technological advancements enhancing energy efficiency. The accessibility of a diverse range of LEDs in both online and offline markets has significantly boosted sales. Moreover, the ongoing trend of transitioning from conventional lighting systems to autonomous setups within the lighting industry has led to heightened investments in LED bulbs and lighting solutions. This transformation has been a catalyst for incorporating Internet of Things (IoT) and Artificial Intelligence (AI) technologies to convert traditional infrastructure into intelligent and automated systems. Consequently, there is an escalating demand for intelligent lighting across diverse applications, driving the necessity for sophisticated lighting control systems. The proliferation of smartphones, mobile devices, and smart consumer electronics such as Amazon Echo Dot has further magnified this demand. These smart devices grant users convenient access to interior lighting control, thereby elevating the appeal and requirement for smart lighting control solutions.
Intelligent Lighting Controls Market Restraints
High Initial Installation Cost:
- The considerable initial installation expenses linked to intelligent lighting controls often lead to extended payback periods, despite the substantial long-term cost savings they offer. The duration of payback, which can span from two to three years on average, varies based on the specific system type. Nonetheless, advancements in technology coupled with declining costs of essential components like microcontroller units and sensors are poised to curtail these payback periods. Over time, this trend is anticipated to facilitate broader adoption and heightened usage of intelligent lighting controls.
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Intelligent Lighting Controls Market Competitive Landscape
The competitive landscape of the intelligent lighting controls market is characterized by a dynamic interplay of industry leaders, innovative startups, and established players striving to capture a significant market share. Companies such as Signify N.V., Acuity Brands, Inc., and Lutron Electronics Co., Inc. exhibit a strong foothold owing to their comprehensive portfolios of intelligent lighting solutions and established brand recognition. These companies continuously focus on research and development to introduce advanced products, ensuring energy efficiency and user-friendly interfaces. In addition to established players, emerging startups like Control4 Corporation and Enlighted Inc. are making notable strides with innovative offerings that leverage IoT and AI technologies. Collaborative partnerships and strategic alliances are shaping the market landscape as companies collaborate to integrate intelligent lighting controls into broader smart building ecosystems.
Intelligent Lighting Controls Market Top Player’s Company Profile
- Signify N.V.
- Acuity Brands, Inc.
- Lutron Electronics Co., Inc.
- Legrand S.A.
- Leviton Manufacturing Co., Inc.
- OSRAM Licht AG
- Eaton Corporation
- Honeywell International Inc.
- Zumtobel Group AG
- Control4 Corporation
- Hubbell Incorporated
- ABB Ltd.
- Schneider Electric SE
- Cree, Inc.
- Enlighted Inc.
Intelligent Lighting Controls Market Recent Developments
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In February 2024, Siemens, Enlighted, and Zumtobel Group collaborated to improve smart building arrangements. Siemens and Enlighted formed an ecosystem partnership with Zumtobel Group, a leading worldwide lighting solutions supplier. This collaboration includes coordinating Enlighted's high-level smart sensor innovation into Zumtobel Group's great lighting items, making an engaging IoT lighting package for clients. The partnership offers benefits like productive preassembled solutions, wireless deployment, adaptable innovation, and further developed bits of knowledge for smarter buildings.
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In December 2023, SKYX and GE expanded their Global Licensing Master Service Agreement for a further five years. This restoration implies SKYX's commitment to growing its market presence and teaming up with leading strategic organizations in the US and around the world.
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In December 2023, there was a striking change in the family area with the development of Gesture Control Lights. These lights, used in home settings, work through a central regulator like a Wi-Fi network. Once connected using Wi-Fi, they synchronize and shape a network of "smart" lights. During assembling, these lights are customized to perceive signals like claps or handwaves, each addressing a particular order. At the point when they are associated with a network, they can be generally controlled at the same time by a single gesture.
Intelligent Lighting Controls Key Market Trends
- Rising Adoption of IoT and Smart Building Technologies: The integration of Internet of Things (IoT) technology is a key trend in the intelligent lighting controls market. IoT enables seamless connectivity between lighting systems and other building components, facilitating data exchange for enhanced automation and energy efficiency. The use of sensors, data analytics, and cloud-based platforms is transforming lighting controls into smart building management solutions.
Intelligent Lighting Controls Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Intelligent lighting controls market analysis; the intelligent lighting controls market is a rapidly evolving sector driven by the growing demand for energy-efficient and smart lighting solutions. This market is segmented into various components, including sensors, dimmers and switches, LED drivers, microcontrollers and microprocessors, smart lighting platforms, and others. The dominance of wireless control systems is reshaping the landscape, offering flexibility and ease of integration. Geographically, North America leads in adoption due to technological maturity and wireless control prominence. Europe follows with stringent energy efficiency policies and smart building trends. Meanwhile, the Asia-Pacific region witnesses a surge in demand driven by energy conservation mandates and increasing urbanization. Key drivers include the integration of IoT and AI technologies, transforming conventional infrastructure into smart ecosystems. The demand for user-friendly controls fueled by the proliferation of smartphones and smart devices is also accelerating market growth. As technology advances, components become more affordable, leading to shortened payback periods and increased adoption of intelligent lighting controls.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 12 billion |
| Market size value in 2031 | USD 20.62 billion |
| Growth Rate | 6.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Intelligent Lighting Controls Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Intelligent Lighting Controls Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Intelligent Lighting Controls Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Intelligent Lighting Controls Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Intelligent Lighting Controls Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Intelligent Lighting Controls Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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