ZigBee-Enabled Lighting Market - Forecasts from 2024 to 2029

ZigBee-Enabled Lighting Market - Forecasts from 2024 to 2029

The zigbee-enabled lighting market is expected to grow at a CAGR of 6.75%, reaching a market size of US$1,127.49 million in 2029 from US$711.633 million in 2022.

ZigBee is a mesh wireless network built on top of a 2.4 GHz IEEE standard and is ideal for close-range nodes for home lighting and building automation. Zigbee-enabled lights are essentially LED lights that can be controlled using either your smartphone or a smart home automation hub via mesh wireless technology.

Market Drivers:

Advancements in IoT technology-

With the advancement of IoT technology, ZigBee-enabled lighting products and solutions have been revolutionized in terms of design and simulation. The concept is constantly evolving to meet the next generation of devices that work with the IoT. The usage of sensors has eased the lighting needs further with automated turning on and off options. As lighting involves a large share of the cost in commercial buildings and industrial establishments, there is a growing need for smart lighting solutions to conserve electricity.
Rising demand for automated lighting-

ZigBee-enabled lighting is proving to be a worthy choice for turning a static structure into a dynamic, automated establishment. It is also believed to be less expensive than a wired system and guarantees efficiency, making it a commercially viable option. They are a well-suited lighting solution for large residential projects. The rapid course of urbanization and infrastructural transformation around the world is furthering the growth of the market.

Market Restraint:

High maintenance cost-

Even though the market for ZigBee-enabled lighting is expanding in several regions of the world, the high cost of manufacturing is containing the adoption of these solutions. Again, the lack of awareness among the general population about the presence of such smart solutions is restricting the market from attaining its full potential. These two factors may act as restraints on the overall growth of the market during the forecast period.

Zigbee-enabled lighting market segmentation by application into residential, commercial, and industrial

The Zigbee-enabled lighting market is categorized based on application, encompassing residential, commercial, and industrial sectors. In the residential segment, Zigbee-enabled lighting caters to homeowners aiming to minimize electricity expenses. It presents features such as dimming, color-changing options, and remote control, thereby elevating convenience and enhancing the overall user experience.

Within the commercial domain, businesses can capitalize on substantial cost savings facilitated by energy-efficient lighting and automated controls. In the industrial realm, Zigbee-enabled lighting brings about advancements through remote monitoring and control capabilities for lighting systems. This not only improves overall efficiency but also streamlines maintenance processes, contributing to a more efficient and responsive industrial lighting infrastructure.

APAC is anticipated to hold a significant share of the ZigBee-enabled lighting market

The ZigBee-enabled lighting market is expected to witness a substantial share in the APAC region. The surge in disposable incomes across numerous APAC countries is driving increased consumer expenditure on smart homes and connected devices, with ZigBee-enabled lighting being a notable choice. The swift pace of urbanization in the region is generating a heightened demand for new constructions and infrastructure, creating opportunities for the seamless integration of ZigBee-enabled lighting solutions. India, in particular, stands poised for significant growth in this market. Fueled by its large population, escalating urbanization trends, and the concurrent rise in disposable incomes, the country presents a lucrative landscape for the expansion and adoption of ZigBee-enabled lighting solutions.

Market Developments:

January 2024- Vesternet revealed a set of exciting new Zigbee sensors, elevating the smart home experience. The newly introduced Zigbee Motion Sensor crafted with a focus on security and energy efficiency. Capable of detecting motion within its designated range, it provides users with the ability to automate lighting, activate alarms, or receive notifications about movement within the home even when away.
August 2023- Aqara, a prominent provider of smart home products, unveiled the LED Strip T1, a multipurpose RGBCCT lightstrip, to global markets. Utilizing the Zigbee protocol, the LED Strip T1 boasted lower idle power consumption compared to Wi-Fi-based light strips, showcasing its eco-friendly and cost-efficient features. Additionally, it functioned as a Zigbee network repeater, enhancing network reliability and responsiveness.
June 2023- Vivint broadened its smart home offerings by introducing a new category, Smart Lighting. Vivint Smart Lighting provides the flexibility to place switches anywhere without the need for electrical work, ensuring reliable connectivity and expanding the smart home capabilities within residences. Fueled by Zigbee, the Smart Bulbs replaced existing light bulbs, offering a range of options such as Standard A19 bulbs, Flood bulbs (BR30), and LED recessed lights, along with additional bulb choices.

Market Segmentation:

By Application
Residential
Commercial
Industrial
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
Japan
China
Australia
India
South Korea
Indonesia
Taiwan
Thailand
Others