Lighting Control System Market by Component (Hardware, Software, Service), by Connectivity Protocol (Wired, Wireless), by Application (Corporate Buildings, Roadways and Highways Lighting), by Region (Asia-Pacific, North America, Europe, Middle East & Africa) – Global Forecast From 2019 To 2024
Lighting Control System Market: Summary
The global lighting control system market is estimated to reach 40.6 USD Billion in 2024 at a CAGR of 16.0%. Inclination towards energy saving alternatives and emergence of internet of things (IoT) is expected to boost the lighting control system market during the forecast period. However, requirement of ongoing maintenance is expected to restrain the market during the forecast period. Cloud- based smart lighting is expected to become an opportunity for global market.
A lighting control system is a type of intelligent network system which helps consumers to control the lighting in indoor and outdoor spaces. A lighting control system is mainly used for outdoor applications such as roadways & highways lighting and various public spaces. Some key players in lighting control system market are Signify Holding, Lutron Electronics Co., Legrand SA, OSRAM Licht AG, Schneider Electric SE and Eaton among others.
Lighting Control System Market: Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global lighting control system market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of component, the market is segmented into hardware, software, and services. By connectivity protocol, the lighting control system market is segmented into wired and wireless. By application, lighting control system market is segmented into corporate buildings, industrial buildings, educational buildings, retail malls, hospitals, public buildings, hospitality, roadways and highways lighting, architectural lighting, and flood lighting.
Lighting Control System Market: Report Scope
The report on the global market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Historical/Estimated/Forecasted Market Size Years
Base Year for Market Calculation
2019-2024 (2019 estimated year, forecasted up to 2024)
Value (USD Million)
Component, Connectivity Protocol, Application
Asia-Pacific, North America, Europe, Middle East & Africa, South America
- Signify Holding (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Lutron Electronics Co.
- Legrand SA
- Cisco Systems Inc.
- Schneider Electric SE
- Honeywell International Inc.
- ACUITY BRANDS LIGHTING, INC.
- GE CURRENT, A DAINTREE COMPANY
- OSRAM Licht AG
- Other Key Companies
Lighting Control System Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research
Lighting Control System Market by Component
- Network Components
- Cloud- Based
Lighting Control System Market by Connectivity Protocol
- Bluetooth LE
Lighting Control System Market by Application
- Corporate Buildings
- Industrial Buildings
- Educational Buildings
- Retail Malls
- Public Buildings
- Roadways and Highways Lighting
- Architectural Lighting
Lighting Control System Market by Region
- South Korea
- Rest of Asia-Pacific
- North America
- The Netherlands
- Rest of Europe
- Middle East and Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Key Questions answered by the report
- What are the major developments impacting the global market and its growth?
- What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?
- What are the evolving types of the global market?
- What are the evolving applications of lighting control system market?
- What are the major characteristics that will affect the global market growth during the study period?
- Who are the key players operating in the global market?
- How are the major players leveraging in the existing market conditions?
- Lighting Control System Market Providers
- Lighting Control System Market Solution and Services Suppliers, Distributors and Dealers
- End-Users of Varied Segments of Lighting Control System Market
- Government Bodies and Intellectual Institutions
- Associations and Industrial Organizations
- Research & Consulting Service Providers
- Research & Development Organizations
- Investment Banks & Private Equity Firms
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE LIGHTING CONTROL SYSTEM MARKET STUDY
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
2 RESEARCH DESIGN & SCOPE
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.2.1 Inclination Towards Energy Saving Alternatives
4.2.2 Installation Cost Reduction
4.2.3 Emergence of Internet of Things (IoT)
4.3.1. Require Ongoing Maintenance
4.4.1. Cloud- Based Smart Lighting
4.4.2. Hybrid Solutions
4.5.1. Cyber Security Issues
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 GLOBAL LIGHTING CONTROL SYSTEM MARKET BY COMPONENT, Market Size in USD Million (2017—2024)
6.2.4 Network Components
6.4.1 Professional Services
6.4.2 Maintenance Services
6.4.3 Managed Services
7 GLOBAL LIGHTING CONTROL SYSTEM MARKET BY CONNECTIVITY PROTOCOL, Market Size in USD Million (2017—2024)
7.3.4 Bluetooth LE
8 GLOBAL LIGHTING CONTROL SYSTEM MARKET BY APPLICATION, Market Size in USD Million (2017—2024)
8.2 Corporate Buildings
8.3 Industrial Buildings
8.4 Educational Buildings
8.5 Retail Malls
8.7 Public Buildings
8.9 Roadways and Highways Lighting
8.10 Architectural Lighting
9 GLOBAL LIGHTING CONTROL SYSTEM MARKET BY REGION, Market Size in USD Million (2017—2024)
9.1 North America
9.2.5 The Netherlands
9.2.6 Rest of Europe
9.3.4 South Korea
9.3.6 Rest of Asia-Pacific
9.4 Middle East & Africa
9.4.1 Saudi Arabia
9.4.3 Rest of Middle East
9.5 South America
9.5.3 Rest of South America
10 COMPETITIVE LANDSCAPE
10.2 Market Ranking/Share Analysis of Key Companies
10.3 Company Benchmarking
11 COMPANY PROFILES
11.1 Signify Holding
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Solutions/Services Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 Lutron Electronics Co.
11.3 Legrand SA
11.4 Cisco Systems Inc.
11.5 Schneider Electric SE
11.7 Honeywell International Inc.
11.8 ACUITY BRANDS LIGHTING, INC.
11.9 GE CURRENT, A DAINTREE COMPANY
11.10 OSRAM Licht AG
11.11 Other Key Companies
12.1 Key Industry Expert Insights
12.2 Primary Discussion Guide
12.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
Single User PDF – $ 5,600
Multiple User PDF – $ 7,500
Key Questions Answered by the Report
- Major factors impacting the market and its growth
- Evolving Types of the various products in the Market
- Evolving Application of the various products in the Market
- Growing countries in the Global Market
- Effects of the developments in the market on the industry and on the market players
- Key market developments undertaken by the leading players
Customize this Research
- Purchase sections of this report
- Purchase specific country/region analysis
- Avail Data in Preferred Format
- Customize any Type, Application, Geography or Company Profile to attain a Deeper Insight
- Request Updated Version of this Report