According to a market report by Lucintel, the future of the global smart lighting market looks promising with opportunities in the indoor lighting and outdoor lighting markets. The global smart lighting market is expected to reach an estimated $60,298 million by 2035 with a CAGR of 12% from 2025 to 2035. The major drivers for this market are the increasing demand for energy saving lighting solutions, the rising adoption of iot in lighting systems, and the growing demand for wireless & connected lighting.
A more
than 150-page report to understand trends, opportunity and forecast in global smart
lighting market to 2035 by type (smart bulbs, fixtures, and control system),
light source (light emitting diode, fluorescent lamps, and high-intensity
discharge lamps), technology (wired and wireless), application (indoor lighting
and outdoor lighting), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel
forecasts that, within the type category, control system is expected to witness
the highest growth over the forecast period.
Within the
application category, indoor lighting is expected to witness higher growth.
Download
sample by clicking on smart lighting market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
PTC,
Zumtobel Group, CREE Inc, AMS, Signify N.V., Savant Systems, Inc. are the major
suppliers in the smart lighting
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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