Global Lighting Controls Market Growth 2023-2029

Global Lighting Controls Market Growth 2023-2029

Lighting controls are input/output devices and systems. The control system receives information, decides what to do with it, and then adjusts lighting power accordingly. Here we see a basic lighting circuit (switch leg). Power travels along the circuit to energize a group of lights.

LPI (LP Information)' newest research report, the “Lighting Controls Industry Forecast” looks at past sales and reviews total world Lighting Controls sales in 2022, providing a comprehensive analysis by region and market sector of projected Lighting Controls sales for 2023 through 2029. With Lighting Controls sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lighting Controls industry.

This Insight Report provides a comprehensive analysis of the global Lighting Controls landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lighting Controls portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lighting Controls market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lighting Controls and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lighting Controls.

The global Lighting Controls market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The top five companies in the U.S. lighting controls market by market size account for more than 60% , with Lutron being the largest manufacturer with a total market share of more than 20%. In terms of type, control systems account for a significant share of around 60%, followed by sensors with a market share of over 30%. In the application field, the commercial field accounts for more than 60%, and the residential field accounts for less than 30% .

This report presents a comprehensive overview, market shares, and growth opportunities of Lighting Controls market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Sensors
Control Systems
Lighting Control Devices

Segmentation by application
Commercial
Residential
Entertainment

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Savant Systems Inc.
Acuity Brands
Schneider Electric
Ideal Industries
Legrand
Universal Douglas Lighting Americas, Inc.
Lutron
Honeywell
Signify
Crestron
Leviton

Key Questions Addressed in this Report

What is the 10-year outlook for the global Lighting Controls market?

What factors are driving Lighting Controls market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Lighting Controls market opportunities vary by end market size?

How does Lighting Controls break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.