Top 10 Smart Lighting Companies in the World | IMARC Group

Smart lighting is an advanced lighting technology designed for energy efficiency and convenience, which includes high-efficiency fixtures and automated controls that adjust based on conditions such as occupancy or daylight availability. These lighting systems are part of a larger category known as home automation, or smart home technology. Smart lighting solutions can be managed through various interfaces like smartphone apps, voice commands, or even integration with other smart home systems. They offer multiple advantages over traditional lighting, including the ability to manipulate the intensity and color of light, schedule when lights turn on and off, and monitor energy consumption in real-time. They can also enhance home security by simulating occupancy when no one is home. Recently, the use of light-emitting diode (LED) technology in smart lighting has not only improved the lifespan of the fixtures but also significantly reduced energy consumption compared to traditional lighting options.

The global smart lighting market size reached US$ 16.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 72.6 Billion by 2032, exhibiting a growth rate (CAGR) of 17.5% during 2024-2032.

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In the ever-changing landscape of the smart lighting industry, leading manufacturers are always inventing and expanding their product lines to better user experience and interaction with smart home ecosystems. Top brands in this space are providing a wide range of products that cater to both residential and commercial segments. These companies have embraced evolving technology, including sensors and networking into their lighting solutions to enable additional functionality such as adaptive lighting, health monitoring via light, and even interaction with home security systems. Some big smart lighting manufacturers are creating advanced scene-setting technologies that adjust lighting based on user activity or time of day. They also enable improvements in LiFi, which uses light waves to provide high-speed internet.

Other leading names in the field are offering a broad spectrum of smart lighting solutions, including advanced components like sensors and light management systems that enable smart city applications and automotive lighting. They are focused heavily on research to drive digital lighting technologies, particularly smart building applications and tailored lighting settings. This strategy tries to use lighting for new uses other than illumination, such as health and well-being, where light can affect sleep patterns and mood. Aside from that, numerous players are engaging in the acquisition of smaller companies to expand their portfolio of smart lighting and improve user experience.

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List of Top Smart Lighting Companies Worldwide:

• Philips Lighting
• Acuity Brands
• Osram
• Cree
• General Electric Company
• Eaton
• Honeywell
• Legrand
• Hubbell Lighting
• Zumtobel Group
• Hafele Group
• Lutron Electronics
• Wipro Consumer Care and Lighting
• Streetlight.Vision
• Virtual Extension
• Syska LED

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