Global Wireless Smart Lighting Controls Market Growth 2023-2029

Global Wireless Smart Lighting Controls Market Growth 2023-2029

Smart lighting is a lighting technology designed for energy efficiency. This may include high efficiency fixtures and automated controls that make adjustments based on conditions such as occupancy or daylight availability. Lighting is the deliberate application of light to achieve some aesthetic or practical effect. It includes task lighting, accent lighting, and general lighting.

A lighting control system is an intelligent network based lighting control solution that incorporates communication between various system inputs and outputs related to lighting control with the use of one or more central computing devices. Lighting control systems are widely used on both indoor and outdoor lighting of commercial, industrial, and residential spaces. Lighting control systems serve to provide the right amount of light where and when it is needed. Lighting control systems are employed to maximize the energy savings from the lighting system, satisfy building codes, or comply with green building and energy conservation programs.

The term wireless smart lighting controls is typically used to indicate stand-alone control of the lighting within a space. This may include occupancy sensors, time clocks, and photocells that are hard-wired to control fixed groups of lights independently, and connected to the terminals with wireless standard protocols (Zigbee, Wifi, Bluetooth and etc.).

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

This Insight Report provides a comprehensive analysis of the global Wireless Smart 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 Wireless Smart Lighting Controls portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wireless Smart Lighting Controls market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wireless Smart 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 Wireless Smart Lighting Controls.

The global Wireless Smart Lighting Controls market size is projected to grow from US$ 671.9 million in 2022 to US$ 2381.4 million in 2029; it is expected to grow at a CAGR of 2381.4 from 2023 to 2029.

US is the largest Wireless Smart Lighting Controls market with about 48% market share. Europe is follower, accounting for about 24% market share.

The key players are GE Lighting, PHILIPS, TVILIGHT, Osram, Lutron, Telematics, Control4, Echelon, DimOnOff, Venture Lighting, Cimcon, Petra Systems, Honeywell, Murata, Schneider Electric, Legrand, Huagong Lighting, Zengge etc. Top 3 companies occupied about 26% market share.

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

Market Segmentation:

Segmentation by type

Zigbee

Wifi

Bluetooth

Z-Wave

Enocean

Segmentation by application

Commercial

Industrial

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.

GE Lighting

PHILIPS

TVILIGHT

Osram

Lutron

Telematics

Control4

Echelon

DimOnOff

Venture Lighting

Cimcon

Petra Systems

Honeywell

Murata

Schneider Electric

Legrand

Huagong Lighting

Zengge

Key Questions Addressed in this Report

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

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

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

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

How does Wireless Smart 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.