Press release
Smart Cities Drive Growth In The Smart Led Bulb Market: An Emerging Driver Transforming The Smart LED Bulbs Market Landscape
Smart LED Bulbs
How Big Is the Smart LED Bulbs Market Size Expected to Be by 2034?
In the past few years, there has been an exponential expansion in the market size for smart LED bulbs. It is expected to surge from $16.95 billion in 2024 to reach $20.98 billion in 2025, representing a compound annual growth rate (CAGR) of 23.8%. The substantial growth in the historic period is due to a rise in energy efficiency and cost savings, integration with smart homes, focus on environmental sustainability, enhanced convenience and automation, and the decreasing cost of LED technology.
The market size for smart LED bulbs is poised for significant expansion in the forthcoming years, with projections indicating a growth to $39.9 billion by 2029, a compound annual growth rate (CAGR) of 17.4%. Factors contributing to this predicted growth during the forecast duration include the compatibility with voice assistants, the incorporation of health and wellness lighting features, extension of smart lighting into commercial sectors, advancements in connected lighting technologies, and energy efficiency initiatives by the government. Emerging trends for the forecast duration include the integration of human-centric lighting and circadian rhythms, the employment of the thread protocol for connectivity, advanced sensor integration, a rise in smart LED strips and panels, as well as an escalated adoption of Bluetooth mesh networking.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3170
What Are the Emerging Segments Within the Smart LED Bulbs Market?
The smart LED bulbs market covered in this report is segmented -
1) By Technology: Wired Technology, Wireless Technology
2) By Installation Type: New Installation, Retrofit
3) By Application: Indoor Lighting, Outdoor Lighting
Subsegments:
1) By Wired Technology: Power Line Communication (PLC), Zigbee Wired Solutions
2) By Wireless Technology: Wi-Fi Enabled Bulbs, Bluetooth Enabled Bulbs, Zigbee Wireless Solutions, Z-Wave Wireless Solutions
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3170&type=smp
What Long-Term Drivers Are Shaping Smart LED Bulbs Market Trends?
The advancement of intelligent urban areas significantly contributes to the expansion of the smart LED bulb market. The illumination of these smart cities will be essential to their future growth, with LED lighting networks predicted to dominate urban street lighting systems. As smart cities become more prevalent, the lighting controls industry will experience a surge given the anticipated revolution in light management areas. For example, the Smart City Index Report (published by The International Institute for Management Development, a business school based in Switzerland) in April 2023 illustrated an increase in the number of smart cities from 118 in 2021 to 141 in 2023. Consequently, the smart LED bulb market is forecasted to grow in alignment with the evolution of smart cities.
Who Are the Top Competitors in Key Smart LED Bulbs Market Segments?
Major companies operating in the smart LED bulbs market include General Electric Company, Panasonic Corporation, LG Electronics Inc., Schneider Electric SE, Honeywell International Inc., ABB Ltd, Eaton Corporation plc, Koninklijke Philips N.V., Wipro Enterprises Ltd, Legrand S.A., Signify N.V., OSRAM Licht AG, Hubbell Incorporated, Acuity Brands Lighting Inc., Dialight PLC, Zumtobel Group AG, Cree Inc., Lutron Electronics Co. Inc., Leviton Manufacturing Company Inc., Helvar Ltd, Synapse Wireless Inc., Enlighted Inc., LightwaveRF PLC, TVILIGHT B.V, Adesto Technologies Corporation, RAB Lighting Inc.
What Are the Latest Developing Trends in the Smart LED Bulbs Market?
Wi-Fi-enabled LED bulbs are emerging as a significant trend within the smart LED bulbs market. These bulbs, by connecting to your household router, reduce clutter and complications as they don't require a separate network. The brand's designated application allows for easy managing of these Wi-Fi-capable lights. Furthermore, they are compatible with smart assistants, like Alexa and Google, enabling control of the lighting system. Lifx is an emerging brand in the Wi-Fi LED light segment, often regarded as the primary rival of Philips, pioneering in the development of intelligent lighting solutions. Even though Lifx lights cost more than Philips', they offer superior brightness, durability, and infrared light emission in darkness, making them ideal for exterior and porch fixtures close to security cameras.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/smart-led-bulbs-global-market-report
Which Regions Are Becoming Hubs for Smart LED Bulbs Market Innovation?
Asia-Pacific was the largest region in the smart LED bulbs market in 2024. Western Europe was the second-largest region in the global smart LED bulbs market share. The regions covered in the smart led bulbs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Smart LED Bulbs Market?
2. What is the CAGR expected in the Smart LED Bulbs Market?
3. What Are the Key Innovations Transforming the Smart LED Bulbs Industry?
4. Which Region Is Leading the Smart LED Bulbs Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Cities Drive Growth In The Smart Led Bulb Market: An Emerging Driver Transforming The Smart LED Bulbs Market Landscape here
News-ID: 4015536 • Views: …
More Releases from The Business Research Company
Emerging Trends to Reshape the Vertical Farming Market: Technological Advancemen …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Vertical Farming Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the vertical farming market has seen rapid growth in recent years. Predictions estimate it will increase from $7.74 billion in 2024 to $9.55 billion in 2025. This represents a compound annual growth…
Plant Breeding And CRISPR Plants Market Landscape to 2034: Key Forces Shaping th …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Plant Breeding And CRISPR Plants Market Size By 2025?
In recent years, the market size for plant breeding and CRISPR plants has seen considerable growth. It stands projected to escalate from $13.56 billion in 2024 to a noteworthy $15.5 billion in 2025, boasting a compound…
Soaring Demand Set to Propel Livestock Monitoring Market to $7.14 Billion by 202 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Livestock Monitoring Market Through 2025?
In recent times, there has been a significant increase in the livestock monitoring market size. The market, which stands at $3.48 billion in 2024, is projected to rise to $3.94 billion by 2025, depicting a compound annual…
Emerging Trends to Drive Forestry And Logging Market Growth at 7.9% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Forestry And Logging Market Size Growth Forecast: What to Expect by 2025?
The market size for forestry and logging has seen a substantial growth in the past couple of years. It is expected to increase from $980.05 billion in 2024 to $1055.36 billion in 2025, with a compound annual…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
