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Leading Growth Driver in the Lighting Control System Market in 2025: Rising Construction Activities Fuels Lighting Control System Market Growth Driver's Influence
Lighting Control System Market Size
The increase in both commercial and non-commercial buildings is predicted to boost the advancement of the lighting control system market. Commercial buildings are non-residential constructions that do not fall into agricultural, industrial, or institutional categories. On the contrary, non-commercial buildings refer to structures that are neither used for business operations nor as residences. Utilizing lighting control systems such as dimmers and color-altering bulbs provides a smart method to introduce networked controls in workspaces, commercial properties, and non-commercial structures. For instance, the University of Michigan's Center for Sustainable Systems, a US organization that specializes in developing system analysis techniques, models, and sustainable future indicators, projected in September 2022 that the floor space of commercial buildings in the US is set to increase by 35% from 2021, reaching 124.6 billion square feet by 2050. Consequently, the rise in commercial and non-commercial buildings is fueling the expansion of the lighting control system market.
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How will the growth rate of the lighting control system market shape industry trends by 2034?
In recent times, the market size for lighting control systems has experienced swift expansion. It is predicted to increase from $42.64 billion in 2024 to $50.1 billion in 2025, with a compound annual growth rate (CAGR) of 17.5%. The augmentation in the historic period can be credited to factors such as enhanced awareness about energy efficiency, established regulatory standards, initiatives towards sustainability, cost reduction strategies, and improvement in workplace productivity.
The market size of the lighting control system is projected to experience swift expansion in the upcoming years. It is anticipated to escalate to $98.93 billion in 2029 at a compound annual growth rate (CAGR) of 18.5%. The growth during the prediction period can be associated with the integration of the Internet of Things (IoT), the rising demand for smart homes, the trend of remote working, upgrades in urban infrastructure, and the increasing need for retrofitting. The upcoming period will witness major trends like gesture-controlled systems, customised lighting experiences, integration of li-fi, emphasis on user experience, and wireless connectivity.
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What trends are poised to drive the future success of the lighting control system market?
The leading corporations in the lighting control system industry are adopting advancements like cloud services technology to amplify operational competency, endorse distanced monitoring and control, expedite real-time data review, and boost energy conservation through sophisticated automation and unification with IoT gadgets. Cloud services offer on-demand internet-based computing utilities and applications, enabling users to use and administer data and software devoid of local infrastructure. For example, Siemens AG, an automation establishment from Germany, introduced Electrification X in April 2024. This innovation is intended to augment productivity, reliability, resource utilization, energy efficacy, and sustainability. It takes advantage of cloud services to supervise, optimize, and computerize electrification systems, leading to a reduction in operational expenses and CO2 emissions.
Which primary segments of the lighting control system market are driving growth and industry transformations?
The lighting control system market covered in this report is segmented -
1) By Installation Type: New Installation, Retrofit
2) By Offering: Hardware, Software, Services
3) By Communication Protocol: Wired, Wireless
4) By End-Use: Indoor, Outdoor
Subsegments:
1) By New Installation: Residential, Commercial, Industrial
2) By Retrofit: Upgrading Existing Systems, Replacement Of Outdated Controls
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Which geographical regions are pioneering growth in the lighting control system market?
North America was the largest region in the lighting control system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lighting control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the lighting control system market landscape?
Major companies operating in the lighting control system market include General Electric Co., Taiwan Semiconductor Manufacturing Company Limited, Panasonic Corporation, Schneider Electric SE, Honeywell International Inc., Eaton Corporation plc, Infineon Technologies AG, Legrand SA, Signify NV, Hubbell Incorporated, Acuity Brands Inc., OSRAM GmbH, WAGO Corporation, Leviton Manufacturing Company Inc., Zumtobel Group AG, Ideal Industries Inc., Lutron Electronics Co. Inc., Inventronics Inc., RAB Lighting Inc., Toshiba Lighting & Technology Corporation, Helvar Ltd., Synapse Wireless, Digital Lumens Inc.
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What Is Covered In The Lighting Control System Global Market Report?
• Market Size Forecast: Examine the lighting control system market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the lighting control system market for a structured understanding.
• Key Players Overview: Analyze major players in the lighting control system market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the lighting control system market.
• Segment Contributions: Evaluate how different segments drive overall growth in the lighting control system market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the lighting control system market.
• Industry Challenges: Identify potential risks and obstacles affecting the lighting control system market.
• Competitive Landscape: Review strategic developments in the lighting control system market, including expansions, agreements, and new product launches.
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