openPR Logo
Press release

Global Lighting as a Service Market 2020 Global Insights and Business Scenario - Koninklijke Philips N.V, RCG Lighthouse, Future Energy Solutions, Lutron Electronics Company, Inc., Cree, Inc., Itelecom USA, SIB Lighting,

08-14-2020 10:31 AM CET | Logistics & Transport

Press release from: Prophecy Market Insights

Prophecy Market Insights

Prophecy Market Insights

The report "Global Lighting as a Service Market, By Components (Luminaries & Control Equipment, Software’s & Communication Systems, and Maintenance & Other Services), By Installation (Indoor and Outdoor), By End-user (Commercial, Industrial, and Municipal), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030. The efficient lighting is anticipated to augment global lighting as a service market growth, owing to the rising demand for energy. Additionally, government regulations and guidelines for implementation of energy-efficient lighting systems are estimated to drive the global market over the forecast period. Furthermore, lighting as a service offers various benefits which include ensuring cost savings, no safeguarding charge, which is forcing countries to use lighting as a service model, no straight costs and reduction in energy consumption may fuel the global lighting as a service market growth in the coming future. Companies focus on new business strategies to boost the global market share by implementing new techniques and products, mergers & acquisitions, partnerships & collaborations, which may positively impact the global market over the forecast period.

Key Highlights:

On April 2018, Lutron Electronics, the leader in automated shading solutions and smart lighting controls, has signed an agreement to acquire Ketra. Ketra’s Natural Light solutions offer the highest-quality light which seamlessly emulates daylight in interior spaces.

Download sample copy of this report @ https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4051

Key Market Insights from the report:

The global lighting as a service market accounted for US$ 3.5 billion in 2025 and is projected to register a moderate CAGR over the forecast period. The market report has been segmented based on component, installation, end-user, and region.

By component, the target market is segmented into luminaries & control equipment, software’s & communication systems, and maintenance & other services
By installation, the indoor installation segment accounted for the highest market share in 2015 and is projected to dominate the global market over the forecast period. The growing commercial sector in emerging countries is the major factor driving the growth of the indoor segment in the lighting as a service.
By end-user, in 2018, the commercial segment ruled the end-user segment and is projected to witness its leading position over the forecast period. The municipal segment is estimated to lead the target market in terms of growth rate in the coming years.
By region, the market in North America dominates the light as a service market due to stringent government rules to adopt energy-efficient lighting systems. Also, increasing infrastructure development to adopt the latest lighting technologies and high concentration of market players in the region.

Request Discount: https://www.prophecymarketinsights.com/market_insight/Insight/request-discount/4051

The prominent player operating in the global lighting as a service market includes Koninklijke Philips N.V, RCG Lighthouse, Future Energy Solutions, Lutron Electronics Company, Inc., Cree, Inc., Itelecom USA, SIB Lighting, Lunera Lighting, Digital Lumens, Inc., and Legrand S.A.

Key Topics Covered

Introduction
Study Deliverables
Study Assumptions
Scope of the Study

VISIT MY BLOG:- https://prophecyconsumerelectronics.blogspot.com/

Contact Us:
Mr Alex (Sales Manager)
Prophecy Market Insights
Phone: +1 860 531 2701
Email: sales@prophecymarketinsights.com

About Prophecy Market Insights

Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Lighting as a Service Market 2020 Global Insights and Business Scenario - Koninklijke Philips N.V, RCG Lighthouse, Future Energy Solutions, Lutron Electronics Company, Inc., Cree, Inc., Itelecom USA, SIB Lighting, here

News-ID: 2112701 • Views:

More Releases from Prophecy Market Insights

Power Purchase Agreement (PPA) Market Poised for Strong Growth Amid Rising Renewable Energy Adoption
Power Purchase Agreement (PPA) Market Poised for Strong Growth Amid Rising Renew …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights Introduction The Power Purchase Agreement (PPA) Market is experiencing remarkable momentum, driven by the global transition toward renewable energy, carbon reduction targets, and rising demand for cost-effective electricity procurement models. PPAs-long-term contracts between electricity producers and buyers-are becoming a critical mechanism for corporations, utilities, and governments to achieve energy security, price stability, and sustainability commitments. With the accelerating deployment of solar, wind, and
Nutraceutical Packaging Market to Witness Robust Growth Amid Rising Health and Wellness Trends
Nutraceutical Packaging Market to Witness Robust Growth Amid Rising Health and W …
Author: Shweta R., Business Development Specialist | Prophecy Market Insights Introduction The Nutraceutical Packaging Market is witnessing significant growth, fueled by rising consumer awareness around health, nutrition, and preventive healthcare. Nutraceuticals-ranging from dietary supplements and functional foods to vitamins, minerals, and herbal products-require specialized packaging that ensures shelf life, product integrity, safety, and consumer appeal. With increasing demand for convenient, eco-friendly, and innovative packaging solutions, companies are investing in advanced materials, smart labeling,
Japan Regulatory Affairs Outsourcing Market Set to Reach USD 0.4 Billion by 2035 at 7.71% CAGR
Japan Regulatory Affairs Outsourcing Market Set to Reach USD 0.4 Billion by 2035 …
Pune, India - September 5, 2025 - The Japan Regulatory Affairs Outsourcing Market is witnessing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on external partners for regulatory compliance. By 2035, the market is projected to reach USD 0.4 billion, rising from USD 0.3 billion in 2025, expanding at a CAGR of 7.71% during the forecast period. Get a Sample Copy of Report :- https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/5849 This growing demand underscores
Europe Regulatory Affairs Outsourcing Market to Reach USD 4.2 Billion by 2035, Driven by Rising Demand for Compliance Expertise
Europe Regulatory Affairs Outsourcing Market to Reach USD 4.2 Billion by 2035, D …
Pune, India - September 2, 2025 - The Europe Regulatory Affairs Outsourcing Market is experiencing steady growth as pharmaceutical, biotechnology, and medical device companies increasingly rely on specialized partners for regulatory compliance. According to recent analysis, the market size was valued at USD 2.0 billion in 2025 and is projected to expand to USD 4.2 billion by 2035, registering a CAGR of 7.70% during the forecast period. Get Sample Copy of

All 4 Releases


More Releases for Light

Shining a Light: Global Light Towers Market Trends 2024
"The Business Research Company recently released a comprehensive report on the Global Light Towers Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Light Bulb Camera 2022: Best Light Bulb Security Camera
From anywhere in the world, you can check on your family members with this clever Light bulb camera has a concealed security camera! In the world's population, those over the age of 50 make up an increasingly large proportion of the total. These individuals are more likely to suffer from health challenges or lives alone, which increases the hazards they face. When our elderly relatives live alone, we have a natural
Light Sanitizer Review: Does UV Light Sanitizer Really Work?
Visit Official Website Here >> https://bit.ly/3u3lF00 【PROFESSIONAL UV LIGHT SANITIZER LAMP】 FCC, CE, RoHS Certified, EPA Est. No.96932-CHN-1. Advanced ultraviolet disinfection technology, the UV disinfectant lamp has 7 high-intensity UVC and 158 UVA double effect, 99.99% sterilization rate, Ultra Violet through radiation damage to microorganisms (bacteria, viruses, fungus, pathogen, molds, micro pests) and destroy DNA RNA, to achieving the purpose of disinfection 【240-280NM COMPREHENSIVE THOROUGH STERILIZATION】 The light transmittance of microorganisms
What is Li-Fi (Light Fidelity Visible Light Communication)?
Light fidelity (Li-Fi)/visible light communication is wireless communication technology that uses light to transmit data and position between devices. This technology facilitates internet facilities in a closed, controlled environment such as airplanes, shopping complexes, hospitals, offices, and vehicles, among others. It is widely utilized to offer communication between electronic devices with the support of visible light, particularly the LED bulbs. This evolving technology has various advantages over currently prevalent Wi-Fi
Global LED Lighting Market Technology Insights, Forecast to 2025 | Spot Light, S …
This report presents the worldwide LED Lighting market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The LED Lighting market was valued at Million US$ in 2017 and is
Light Control Sensor Light Global Market Research Report 2018
GET SAMPLE REPORT @ https://www.research2reports.com/sample-report-electronics-goods/light-control-sensor-light-market/79664 Light Control Sensor Light Report by Material, Application, and Geography � Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Light Control Sensor Light basics: definitions, classifications, applications and