Global Intelligent Lighting Controls Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Intelligent Lighting Controls Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Intelligent lighting control system is an automated technology, which comprises multiple lighting fixtures connected in a network to control lighting. Intelligent lighting control systems improve energy efficiency, performance, and customer value. 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. Smart lighting control system is a network-based lighting control solution that uses various components, such as occupancy sensors, transmitters & receivers, and microcontrollers, for controlling lighting. 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.

Market Overview:

The latest research study on the global Intelligent Lighting Controls market finds that the global Intelligent Lighting Controls market reached a value of USD 4188.31 million in 2022. It’s expected that the market will achieve USD 10773.92 million by 2028, exhibiting a CAGR of 17.05% during the forecast period.

Strength

Increasing awareness of energy conservation
Investment in the construction industry has increased, and electricity consumption has continued to increase
The popularity of LED

Weakness

The brand effect of new entrants is lower than that of mature companies
Limited sales channels for new entrants

Opportunity

Smart city development and investment
Continuous progress in technology
Government support and encouragement for energy conservation

Threat

Fierce market competition
High initial installation cost

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Legrand France SA is one of the major players operating in the Intelligent Lighting Controls market, holding a share of 17.57% in 2021.

Legrand France designs and manufactures electrical devices. The Company offers switches, sockets, fuses, cables, security systems, circuit breakers, solar energy panels, energy management components, and accessories. Legrand France serves customers worldwide.

Schneider Electric SE (Societas Europaea) is a French multinational company providing energy and automation digital solutions for efficiency and sustainability. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation, software and services.

Segmentation Overview:

Among different product types, Wired segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Commercial Buildings segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Intelligent Lighting Controls market covered in Chapter 3:

Digital Lumens, Inc.
General Electric Company
Eaton Corporation Plc
Control4 Corporation
Lutron Electronics Co. Inc.
Enlighted Inc.
Zumtobel Group AG
Legrand France SA
Schneider Electric SE
Philips Lighting
Honeywell International, Inc.
Acuity Brands Lighting, Inc.
Cree Inc.
OSRAM Licht AG

In Chapter 4 and Chapter 14.2, on the basis of types, the Intelligent Lighting Controls market from 2018 to 2029 is primarily split into:

Wired
Wireless

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Intelligent Lighting Controls market from 2018 to 2029 covers:

Commercial Buildings
Residential Buildings
Public Utilities

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)