Global Smart Bulb Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
A smart bulb is an internet-capable LED light bulb that allows lighting to be customized, scheduled and controlled remotely. Smart bulbs are among the most immediately successful offerings in the growing category of home automation and Internet of Things (IoT) products.
According to our (Global Info Research) latest study, the global Smart Bulb market size was valued at US$ 548 million in 2023 and is forecast to a readjusted size of USD 1071 million by 2030 with a CAGR of 10.2% during review period.
China is the largest Smart Bulb market with about 36% market share. United States is follower, accounting for about 16% market share.
The key players are Philips Lighting, General Electric Company, LIFX (Buddy), OSRAM, Sengled, Cree, iLumi solutions, Feit Electric, Yeelight, TCP, Huawei, Revogi etc. Top 3 companies occupied about 42% market share.
This report is a detailed and comprehensive analysis for global Smart Bulb market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Smart Bulb market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Smart Bulb market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Smart Bulb market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030
Global Smart Bulb market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Bulb
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Bulb market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Signify, General Electric, Feit Electric, OSRAM(AMS), Sengled, Cree, iLumi solutions, Yeelight, TCP, Huawei, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Smart Bulb market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
ZigBee
Wi-Fi
Bluetooth
Others
Market segment by Application
Home
Office
Shopping
Hospitality
Others
Major players covered
Signify
General Electric
Feit Electric
OSRAM(AMS)
Sengled
Cree
iLumi solutions
Yeelight
TCP
Huawei
Revogi
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smart Bulb product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smart Bulb, with price, sales quantity, revenue, and global market share of Smart Bulb from 2019 to 2024.
Chapter 3, the Smart Bulb competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Bulb breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Smart Bulb market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Bulb.
Chapter 14 and 15, to describe Smart Bulb sales channel, distributors, customers, research findings and conclusion.