Smart Lighting Market is Expected to grow at a robust CAGR of 12.47% through 2030F
The Smart Lighting Market is increasing due to rising demand
for energy-efficient, connected, and intelligent lighting solutions across
residential, commercial, and urban infrastructure sectors during the forecast
period 2026-2030F.
According to TechSci Research report, “Smart Lighting Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities, 2020-2030F”, The
Global Smart Lighting Market was valued at USD 9.28 billion in 2024 and is
expected to reach USD 18.95 billion by 2030 with a CAGR of 12.47% during the
forecast period.
The increasing emphasis on human-centric lighting for
health and well-being emerges as an innovative driver in the Smart Lighting
Market, focusing on systems that mimic natural light cycles to support
circadian rhythms, boost mood, and enhance cognitive performance, particularly
in healthcare, education, and office environments where lighting influences
human physiology. These solutions adjust color temperature and intensity
dynamically, backed by research linking proper lighting to reduced fatigue and improved
sleep quality, driving demand from institutions prioritizing occupant health.
This driver encourages product development in tunable
LEDs that integrate with wellness apps, offering personalized settings that
align with biological needs. Businesses leverage this for competitive
differentiation, marketing health benefits to attract tenants and employees in
post-pandemic workspaces. Regulatory guidelines on indoor environmental quality
further support this trend, mandating human-centric features in new builds.
Strategically, it opens avenues for collaborations with health tech firms, creating
integrated solutions that monitor and adapt to user biometrics. This focus
positions the Smart Lighting Market as a contributor to holistic well-being
strategies.
Government health departments note that proper
lighting can improve productivity by 15-20%, with human-centric designs
reducing eye strain by 30%, per US Department of Health studies. The World
Health Organization highlights lighting's role in mental health, with
inadequate illumination linked to 10% higher depression rates in workplaces.
These metrics from medical and government sources illustrate benefits, with
adoption in healthcare facilities growing 25% annually, promoting smart
lighting for therapeutic applications
Cybersecurity and data privacy issues represent
another critical challenge in the smart lighting market, particularly as these
systems become integral components of the broader Internet of Things ecosystem.
Smart lighting solutions rely heavily on connectivity, data exchange, and
cloud-based platforms to deliver automation, remote management, and energy
optimization. However, this interconnectivity exposes systems to potential
vulnerabilities such as unauthorized access, hacking, and data breaches. Malicious
actors can exploit weaknesses in communication protocols, poorly secured
devices, or outdated software to gain control over connected lighting networks,
which could disrupt operations or be used as entry points for larger
cyberattacks.
In large-scale applications such as smart cities,
where smart lighting systems are integrated with traffic management,
surveillance, and environmental monitoring systems, the risks are amplified, as
breaches could compromise public safety. Furthermore, smart lighting devices
often collect data related to user behavior, occupancy patterns, and energy
consumption. Without strong data governance frameworks, this information can
raise privacy concerns among consumers who are wary of surveillance and misuse of
personal data. The lack of uniform cybersecurity standards and the varying
quality of security implementations across manufacturers further complicates
the issue.
From a business perspective, any security incident can
result in reputational damage, financial losses, and reduced consumer
confidence in smart lighting solutions. To overcome this challenge, industry
participants must adopt rigorous security protocols, conduct regular
vulnerability testing, and implement strong encryption and authentication
mechanisms. Additionally, regulatory frameworks focusing on data privacy
compliance must be strictly adhered to in order to build trust and ensure
sustainable adoption. Until these concerns are systematically addressed,
cybersecurity and privacy issues will remain a key obstacle restraining the
growth of the smart lighting market.
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Based on End-User, In 2024, the Commercial
segment emerged as the dominant end-user in the global smart lighting market,
and it is expected to maintain its leadership throughout the forecast period.
This dominance is largely driven by the increasing adoption of smart lighting
systems in office spaces, retail environments, hotels, hospitals, and other
commercial establishments seeking energy-efficient and automated lighting
solutions. Commercial establishments are under growing pressure to reduce
operational costs, comply with sustainability regulations, and enhance occupant
comfort and productivity, all of which smart lighting technologies can address.
Advanced features such as occupancy sensors, daylight harvesting, remote
control via mobile applications, and integration with building management
systems are particularly appealing to commercial users, as they allow precise
control over energy consumption while improving operational efficiency.
Moreover, the expansion of smart
building initiatives and green building certifications, such as Leadership in
Energy and Environmental Design and Building Research Establishment
Environmental Assessment Method, is driving large-scale adoption of smart lighting
solutions in commercial infrastructure. The integration of Internet of
Things-enabled lighting with advanced analytics, artificial intelligence, and
cloud-based platforms provides commercial users with real-time monitoring,
predictive maintenance, and data-driven decision-making capabilities, further
strengthening the appeal of these systems in commercial settings.
Additionally, rising awareness among
commercial property owners and managers regarding long-term energy savings,
lower maintenance costs, and enhanced user experiences is contributing to the
rapid adoption of smart lighting. With continued technological advancements,
supportive government regulations, and increasing investments in modernizing
commercial infrastructure, the commercial segment is poised to remain the
largest and most influential end-user in the global smart lighting market
during the forecast period, setting the pace for market growth and innovation.
The Asia Pacific region is emerging as the
fastest-growing market for smart lighting, driven by rapid urbanization,
industrialization, and increasing investments in smart city projects. Countries
such as China, India, Japan, and South Korea are at the forefront of adopting
energy-efficient and connected lighting solutions to address growing energy
demand, reduce carbon emissions, and improve urban infrastructure. Government
initiatives promoting sustainability, such as subsidies for energy-efficient
technologies and mandates for green building standards, are accelerating the
deployment of smart lighting systems across commercial, residential, and public
infrastructure sectors.
In the commercial segment, offices, hotels, and retail
spaces are increasingly integrating Internet of Things-enabled lighting
solutions to reduce energy consumption, lower operational costs, and enhance
occupant comfort. Advanced features such as automated lighting schedules,
occupancy sensors, daylight harvesting, and remote control through mobile and
cloud platforms are particularly appealing in the region’s rapidly expanding
business districts. Industrial facilities are also adopting smart lighting for improved
safety, operational efficiency, and compliance with energy regulations.
In residential applications, rising awareness of
energy savings, enhanced home automation capabilities, and growing penetration
of smart home devices are driving the adoption of connected lighting solutions.
Public infrastructure projects, including street lighting modernization and
intelligent transport systems, are further contributing to market growth, with
governments prioritizing energy efficiency and sustainability in urban
planning.
The region’s fast-paced technological innovation,
along with the presence of leading smart lighting manufacturers and solution
providers, ensures the continuous rollout of advanced products, such as
LED-based smart fixtures, color-changing ambient lighting, and AI-driven energy
management systems. Additionally, favorable economic conditions, rising
disposable income, and increasing digital literacy among consumers are
supporting the rapid acceptance of smart lighting technologies. Collectively,
these factors position Asia Pacific as the fastest-growing region in the global
smart lighting market, with substantial opportunities for continued expansion
and technological advancement during the forecast period.
Key market players in the Global Smart
Lighting Market are: -
- Signify N.V. (formerly
Philips Lighting)
- Acuity Brands, Inc.
- Osram Licht AG (now
part of ams OSRAM)
- Hubbell Incorporated
- Cree Lighting (a brand
of IDEAL Industries, Inc.)
- Eaton Corporation plc
- Zumtobel Group AG
- General Electric
Company (GE Lighting, now part of Savant Systems Inc.)
- Lutron Electronics Co.,
Inc.
- Honeywell International
Inc.
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“Global smart lighting market is
expected to experience robust growth in the coming years, driven by increasing
demand for energy-efficient, connected, and intelligent lighting solutions
across residential, commercial, industrial, and public infrastructure sectors.
Technological advancements, including Internet of Things integration,
artificial intelligence, and cloud-based control systems, will enhance
functionality, user convenience, and energy management capabilities. Government
initiatives promoting sustainability, growing adoption of smart city projects,
and rising awareness of long-term cost savings will further accelerate market
expansion. Additionally, continuous innovation by leading manufacturers in
smart fixtures, sensors, and software platforms will support widespread adoption
worldwide.” said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based Global management consulting firm. “
Smart Lighting Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By
Offering (Hardware, Software, Services), By Installation Type (New
Installation, Retrofit Installation), By End-User (Residential, Commercial,
Industrial, Public Infrastructure), By Region & Competition, 2020-2030F, has evaluated the future
growth potential of Global Smart Lighting Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Smart Lighting Market.
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