openPR Logo
Press release

Smart Lighting Market worth $17.38 Billion by 2030, at a CAGR of 12.0%

04-16-2025 09:10 PM CET | Associations & Organizations

Press release from: ABNewswire

Smart Lighting Market

Smart Lighting Market

The global Smart Lighting Market is anticipated to grow from USD 9.86 billion in 2025 to USD 17.38 billion by 2030, expanding at a compound annual growth rate (CAGR) of 12.0% during the forecast period.
The report "Smart Lighting Market [https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket] by Lights and Luminaire, Lighting Controls, LED Drivers and Ballasts, Sensors, Switches, Gateways, Dimmers, Relay Units, DALI, Power over Ethernet (PoE), Power Line Communications (PLC) and Zigbee - Global Forecast to 2030" The global smart lighting market was estimated to be valued at USD 9.86 billion in 2025 and is projected to reach USD 17.38 billion by 2030; it is expected to register a CAGR of 12.0% during the forecast period. Rising smart city initiatives across the globe, advancements in AI and edge computing, establishment of standard and digital protocols by authorized bodies, growing demand for IoT-integrated smart lighting, rising adoption of LED lights and luminaires in outdoor applications, and increasing penetration of data analytics in smart lighting are the major factors driving the overall market growth.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=985 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=985&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket]

Browse 233 market data Tables and 66 Figures spread through 304 Pages and in-depth TOC on "Smart Lighting Market"

View detailed Table of Content here - [https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket]

Image: https://www.marketsandmarkets.com/Images/smart-lighting-market1.webp [https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket]

By End-use Application, the indoor application segment to account for the largest market share in 2030

One of the key driving factors for indoor applications in the smart lighting market is the increased emphasis on convenience, energy conservation, and ambiance control in corporate offices, retail stores, and homes. In residential applications, homeowners are drawn to the ease of voice control, automation, and customization offered by smart lighting in domestic environments. Moreover, in the commercial sector, intelligent lighting that responds to various activities and increases well-being and efficiency is becoming increasingly popular due to increased usage of time spent at offices and shopping complexes. Smart lighting solutions are being adopted by businesses at an increasing rate to minimize energy costs, meet sustainability goals, and create aesthetically pleasing, properly lit environments for employees and consumers.

By Offering, the services segment is expected to exhibit the highest CAGR between 2025 and 2030

The services segment is estimated to expand with the fastest CAGR in the [https://www.marketsandmarkets.com/PressReleases/smart-lighting.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket] owing to the growing demand for smooth integration, customization, and maintenance of intelligent lighting. As consumers shift from traditional lighting to smart lighting, the need for specialized support to install, optimize, and manage such systems to ensure top performance and energy efficiency increases. Moreover, with the fast-paced growth of IoT and cloud-based lighting control, software updates, remote monitoring, and predictive maintenance services have seen an increased demand. Enterprises are also increasingly adopting lighting-as-a-service (LaaS) models, which minimize initial costs and provide continuous support and upgrades.

Americas to hold the second-largest share in the market from 2025 to 2030

With the extensive adoption of smart lighting in smart homes, commercial buildings, and industrial buildings, the Americas are expected to hold the second-largest market share of smart lighting. Support from government policies, the well-established infrastructure, and the high awareness level among consumers drive the market growth. Demand is fueled in North America, especially in the US and Canada, by strict energy regulations, LED upgrade rebates, and growth in smart city installations. For occupant comfort and energy efficiency, the commercial sector, including office buildings, retail stores, and healthcare facilities, is rapidly adopting smart lighting solutions. Further, residential adoption has been supported by growth in IoT ecosystems and interoperability with voice-controlled devices such as Google Assistant and Amazon Alexa.

Key Players-

The key players offering [https://www.marketsandmarkets.com/ResearchInsight/smart-lighting-market.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=smartlightingmarket] include Signify Holding (Netherlands), Acuity Brands, Inc. (US), Legrand (France), ams-OSRAM AG (Austria), Panasonic Holdings Corporation (Japan), Zumtobel Group (Austria), and LEDVANCE GmbH (Germany) among others.

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore Trademark , which integrates research and provides ecosystem-wide visibility into revenue shifts.

In addition, MarketsandMarkets SalesIQ [https://www.marketsandmarkets.com/salesIQ/salesIQ.asp?utm_source=prnewswire.com&utm_medium=paidpr&utm_campaign=salesiq] enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.

To find out more, visit www.MarketsandMarkets Trademark .com [https://www.marketsandmarkets.com/]or follow us on Twitter [https://twitter.com/marketsmarkets], LinkedIn [https://www.linkedin.com/company/marketsandmarkets/about/]and Facebook [https://www.facebook.com/MarketsandMarkets].

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=smart-lighting-market-worth-1738-billion-by-2030-at-a-cagr-of-120]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Delray Beach
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html

Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com



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 Smart Lighting Market worth $17.38 Billion by 2030, at a CAGR of 12.0% here

News-ID: 3974696 • Views:

More Releases from ABNewswire

Evan's Oro Negro International Debuts in Specialty Coffee Market with Community-Focused Business Model
Evan's Oro Negro International Debuts in Specialty Coffee Market with Community- …
New specialty coffee company Evan's Oro Negro International LLC launches with integrated approach to business and community development, sponsoring local youth sports teams while building a brand around premium coffee products. The startup's dual focus on coffee quality and community investment targets coffee lovers who value both superior products and businesses that actively support local athletic programs and youth development. Evan's Oro Negro International LLC joins the specialty coffee market with
Transforming Austin Homes: D & R Custom Remodeling Unveils the Top Bathroom Trends for 2025
Transforming Austin Homes: D & R Custom Remodeling Unveils the Top Bathroom Tren …
Discover the top 2025 bathroom trends from D & R Custom Remodeling that are transforming Austin homes with modern design, luxury, and smart functionality. Austin, TX - D & R Custom Remodeling, a premier home renovation firm based in Austin, is proud to unveil the top bathroom design trends for 2025. These trends reflect a growing focus on creating personalized, spa-like retreats that blend luxury, functionality, and sustainability. The 2025 trends
PRV Tree Service Offers Fast and Safe Emergency Tree Removal for Austin Homeowners Facing Dangerous Trees
PRV Tree Service Offers Fast and Safe Emergency Tree Removal for Austin Homeowne …
PRV Tree Service provides fast, safe emergency tree removal in Austin, helping homeowners handle dangerous trees quickly and prevent property damage. Georgetown, TX - PRV Tree Service, a trusted provider of tree care services in central Texas, announces its emergency tree removal services for Austin homeowners dealing with dangerous or damaged trees. With over 13 years of experience, the company is dedicated to ensuring the safety of local residents by offering
Efficient and Sustainable Land Clearing by Texas Wildscapes' Billy Goat Clearing LLC Improves Land Value and Prepares Properties for Development in Dripping Springs, TX
Efficient and Sustainable Land Clearing by Texas Wildscapes' Billy Goat Clearing …
Texas Wildscapes' Billy Goat Clearing LLC enhances land value in Dripping Springs, TX with efficient, eco-friendly clearing solutions for property development. Dripping Springs, TX - Texas Wildscapes' Billy Goat Clearing LLC, a leader in environmentally conscious land clearing and restoration, is providing efficient and sustainable lot clearing services Dripping Springs [https://www.billygoatclearing.com/land-clearing-dripping-springs-tx/] to landowners and developers in the area. Specializing in forest-scale tree work and site preparation, the company offers a precise

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency