Future Growth of Global Smart Lighting Market: Ken Research


Smart lighting functions as an initial step in automated IoT technology implementation which is designed for expediency, security, and energy efficiency. Smart lighting entails a mesh network of wireless bulbs linked to the nearest neighbour controlled by a hub persevered into the router that allows the connected phone or tablet to communicate with the bulbs. This lighting technology generates the buildings more responsive, protected, sustainable, and healthy; it also entails automated controls and high-efficiency fixtures that adjust rely on daylight and occupancy.

According to the report analysis, ‘Global Smart Lighting Market: By Product Type (Smart Bulbs, Control Systems and Fixtures); By Offering (Hardware, Software and Services); By Application (Indoor and Outdoor); By Light source (Fluorescent Lamp and Light Emitting Diode ); By Technology (Wired and Wireless) and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030’ states that Global Smart Lighting Market is predicted to witness growth in the future owing to improvements and innovations in technology such as intelligent sensing lighting solutions and the internet of things (IoT) which has led to an augment in requirement for energy-efficient lighting solutions. The effective growth in consumer awareness for energy conservation has led to a gradual shift in requirement from incandescent lamps to light-emitting diodes (LEDs) which have supported the market to advance globally with the growing commercialization of Wi-Fi technology.

In addition, the construction of smart cities has further led to a requirement for smart lighting owing to its implementation of internet of things technology that confirms convenience, security, and energy proficiency. Increasing disposable income and constantly transforming lifestyle has accelerated the requirement for interior lightings in office buildings, hotels, and restaurants. Smart cities usage smart embedded devices and sensors at several places such as streets, traffic signals which leads to lower energy consumption to a higher extent. Smart lighting generates a reliable sensing network through a multi-sensor node that gathers environment-related information such as humidity, carbon-dioxide, UVA light as a result of which municipal bodies decrease the maintenance cost and energy consumption of smart cities.

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Furthermore, the digitization had transmuted the lighting industry and delivered an energy-efficient lighting system that saves energy. Smart automation and the implementation of connected technologies have obstructed applications of smart lighting, such as, residential, commercial, retail, government by shifting the procedure by which lighting systems consume energy and interrelate with their surroundings.

Whereas, coronavirus had unpleasantly affected majority of industries all across the world. The smart lighting market also observed a negative impact owing to the disruption in manufacturing activities and supply chains. Owing to this pandemic industry were focused to shutdown manufacturing units and functions to break the chain of the spread of the virus. Social distancing norms have motivated the businesses to function from home but it has adversely impacted the manufacturing sector. However, a government initiative to motivate and encourage smart city projects is projected to boost the smart lighting market post corona period.

Related Report: –

(COVID-19 Version) Global Smart Lighting LPWA Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type & End-Use

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Ankur Gupta, Head Marketing & Communications