スマート照明市場 : 2029年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

Smart Lighting Market – Global Forecast to 2029

スマート照明市場 : 設置タイプ (新規設置、改修設置)、提供内容 (ハードウェア、ソフトウェア、サービス)、最終用途 (屋内、屋外)、通信技術 (有線、無線) &地域別 – 2029年までの世界予測
Smart Lighting Market by Installation Type (New Installations, Retrofit Installations), Offering (Hardware, Software, Services), End-use Application (Indoor, Outdoor), Communication Technology (Wired, Wireless) and Region – Global Forecast to 2029

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Report Overview

The smart lighting market is expected to reach USD 18.0 billion by 2029 from USD 9.5 billion in 2024, at a CAGR of 13.8% during the 2024-2029 period.

スマート照明市場は、2024 年の 95 億米ドルから 2029 年までに 180 億米ドルに達すると予想されており、2024 年から 2029 年の期間で CAGR は 13.8% となります。

スマート照明市場 : 2029年までの世界予測

The residential segment of the smart lighting market is witnessing remarkable growth, propelled by several key factors. The increasing demand for energy-efficient solutions, the widespread integration of smart technologies into homes, and the rising popularity of connected homes and IoT devices are driving this upward trajectory. As consumers increasingly prioritize convenience, customization, and energy savings in their living spaces, the adoption of smart lighting systems is expected to soar. These systems offer a plethora of benefits, including remote control, scheduling, ambiance customization, and enhanced energy efficiency.
Leading companies such as Zumtobel Group, Signify Holding, and ACUITY BRANDS INC. are actively involved in delivering smart lighting solutions tailored for residential applications, catering to the escalating demand for intelligent lighting systems in homes. Looking ahead, the future of smart lighting in residential settings appears promising, buoyed by ongoing technological advancements, seamless integration with IoT devices, and the proliferation of sustainable lighting solutions. These factors are driving innovation and growth in the residential segment of the smart lighting market.

“Rising adoption of LED lights and luminaries in outdoor applications to increase in the demand of smart lighting marker.”

The primary reason for opting for LEDs instead of traditional lighting systems encompasses both energy conservation and cost reduction. LEDs are progressively displacing conventional light sources like fluorescent, high-intensity discharge (HID), incandescent, and high-pressure sodium lamps, particularly in outdoor lighting contexts such as highways, roadways, public areas, and sports stadiums. According to the US Department of Energy (DOE), LED lighting is projected to constitute 86% of all lighting sales by 2035, attributing this shift to the myriad benefits LEDs offer over their conventional counterparts.
While LEDs inherently offer energy efficiency, without proper controls. By integrating lighting control systems with LEDs, the lifespan of LED light sources can be prolonged, thereby diminishing maintenance expenses and further shortening the payback period. Consequently, LED lighting solutions equipped with dynamic lighting control systems hold the potential to curtail overall lighting energy consumption significantly. These advantages have spurred construction firms engaged in projects involving the construction of highways and stadiums to adopt LED lighting systems.

スマート照明市場 : 2029年までの世界予測 ecosystem

“Services segment of smart lighting market projected to record the highest CAGR during the forecast period.”

Advancements in lighting technology have facilitated the emergence of the Internet of Things (IoT), meeting the growing demand for new networks in the lighting industry. This trend presents an opportunity for lighting manufacturers to compete with traditional networking players while also developing their own service segments. Within the services sector, offerings include pre-installation and post-installation services. The anticipated high adoption rate of smart street lighting systems for energy conservation and ecological safety is a key driver for the growth of the smart lighting services market during the forecast period.
In contemporary lighting technology, there exists a broad spectrum of functionalities beyond basic illumination provision.
Signify Holding offers smart lighting services encompass several aspects including assessment of existing lighting setups, development of customized lighting plans, maintenance solutions, remote support, and assurance of lighting performance.

“Germany is expected to have the largest market share of smart lighting in Europe market in the forecast period.”

Germany’s robust economy, high living standards, and governmental emphasis on reducing carbon emissions are pivotal factors propelling the growth of the smart lighting market. As one of the foremost countries in technology globally, Germany is poised for significant economic advancement in the foreseeable future.
Over the next 4-5 years, an increase in the number of commercial spaces is anticipated, fostering the demand for novel lighting solutions. Government directives mandating the phasing out of outdated, inefficient lighting technologies, coupled with declining LED prices, serve as primary drivers of the smart lighting market’s expansion in the country. The proliferation of smart connected devices notably fuels market growth in Germany.
In February 2023, Zumtobel Group collaborated with Haufe Deckensysteme (Germany) has implemented a distinctive illuminated ceiling system. It boasts not only aesthetic appeal but also advanced functionality. Within this system, lighting, heating, cooling, and acoustics are seamlessly integrated, offering a cutting-edge, energy-efficient, and adaptable solution. Beyond public areas and offices, Zumtobel Group has outfitted the new high-bay warehouse, laboratory, technology center, and shipping area with contemporary luminaire.
In April 2021, ams-OSRAM AG (Austria), introduced the advanced OTI DALI DT6/DT8 indoor LED driver family, renowned for its enhanced power and efficiency. This latest product iteration conforms to the current DALI-2 standard, ensuring consistent certification. Additionally, Osram unveiled the second generation of its PrevaLED COIN COB range, featuring the new PrevaLED COIN 50 and 111 COB G2 models, effectively complementing the existing product lineup.
In October 2020, In collaboration with BOSCH Smart Home (Germany), LEDVANCE GmbH introduced two meticulously coordinated product bundles aimed at enhancing security within the smart home environment. LEDVANCE’s SMART+ products seamlessly integrate into the BOSCH Smart Home System, ensuring straightforward setup and operation of the starter sets for end customers. The inclusion of essential accessories such as a separate bridge is not required, streamlining the user experience.
In July 2020, ams, a leading global provider of high-performance sensor solutions, has successfully concluded the acquisition of OSRAM Licht AG (OSRAM) (Germany). The takeover offer was fully settled in July 2020, with the offer price being paid to the holders of the tendered shares. Following the completion of the acquisition, ams now holds 69% of all shares in OSRAM (excluding treasury shares), which were acquired through the takeover offer and additional purchases amounting to a transaction value of approximately EUR 2.7 billion. As the majority shareholder of OSRAM, ams anticipates securing representation on the Supervisory Board of OSRAM based on its shareholding soon. Further steps toward integrating the two companies will be announced by ams in the near future.

The break-up of the profile of primary participants in the Smart lighting market-

  •  By Company Type: Tier 1 – 30%, Tier 2 – 50%, Tier 3 – 20%
  •  By Designation Type: C Level – 25%, Director Level – 35%, Others – 40%
  •  By Region Type: North America – 35%, Europe –30 %, Asia Pacific – 25%, RoW – 10%,

スマート照明市場 : 2029年までの世界予測 regionThe major players in the smart lighting market are Signify Holding (Netherlands), Legrand (France), ACUITY BRANDS, INC. (US), ams-OSRAM AG (Austria), Honeywell International Inc. (US), Zumtobel Group (Austria), Wipro Lighting (India), Lutron Electronics Co., Inc (US), IDEAL INDUSTRIES, INC. (US) (Cree Lighting), LEDVANCE GmbH (Germany), Current (US), Savant Systems, Inc (US), Inter IKEA Systems B.V. (Netherlands), Dialight (UK), Schneider Electric (France), ABB (Switzerland), Lightwave (UK), RAB Lighting Inc. (US), Synapse Wireless Inc. (US), Panasonic Corporation (Japan), Leviton Manufacturing Co., Inc. (US), Syska (India), BUILDING ROBOTICS INC. (BRI), A SIEMENS COMPANY (US), Helvar (Finland), LIFX (US), Nanoleaf (Canada), Sengled GmbH (Germany), and TVILIGHT Projects B.V. (Netherlands).

Research Coverage

The report segments the smart lighting market and forecasts its size based and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.

Reasons to buy the report:

The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall smart lighting market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

• Analysis of key drivers (incorporation of data analytics and API event generation), restraints (elevated initial expenses of smart lighting equipment and accessories), opportunities (emerging smart office and smart retail trends), and challenges (interoperability challenge between multiple network components)
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the smart lighting market
• Market Development: Comprehensive information about lucrative markets – the report analyses the smart lighting market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the smart lighting market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Signify Holding (Netherlands), ACUITY BRANDS, INC. (US), Zumtobel Group (Austria), ams-OSRAM AG (Austria), and Panasonic Corporation (Japan)

Table of Contents

1            INTRODUCTION            30

1.1         STUDY OBJECTIVES      30

1.2         MARKET DEFINITION   31

1.3         STUDY SCOPE  31

1.3.1      MARKETS COVERED     31

FIGURE 1           SMART LIGHTING MARKET SEGMENTATION    31

1.3.2      REGIONAL SCOPE         32

FIGURE 2           SMART LIGHTING MARKET: REGIONAL SCOPE 32

1.3.3      INCLUSIONS & EXCLUSIONS     32

1.3.4      YEARS CONSIDERED     33

1.4         CURRENCY CONSIDERED          33

1.5         UNIT CONSIDERED       33

1.6         LIMITATIONS   33

1.7         STAKEHOLDERS            34

1.8         SUMMARY OF CHANGES            34

1.9         RECESSION IMPACT ON SMART LIGHTING MARKET     35

2            RESEARCH METHODOLOGY     36

2.1         RESEARCH DATA           36

FIGURE 3           SMART LIGHTING MARKET: RESEARCH DESIGN             36

2.1.1      SECONDARY DATA       37

2.1.1.1   Key data from secondary sources     37

2.1.1.2   Key secondary sources       37

2.1.2      PRIMARY DATA 38

2.1.2.1   Key data from primary sources         38

2.1.2.2   Key participants in primary interviews           39

2.1.2.3   Breakdown of primary interviews     39

2.1.2.4   Insights of industry experts 39

2.1.3      SECONDARY AND PRIMARY RESEARCH 40

2.2         MARKET SIZE ESTIMATION       40

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) – REVENUE GENERATED BY KEY PLAYERS          41

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) – REVENUE ESTIMATION OF KEY PLAYER           42

FIGURE 6           MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION BASED ON REGION          43

2.2.1      BOTTOM-UP APPROACH           43

2.2.1.1   Approach to derive market size using bottom-up analysis           43

FIGURE 7           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       44

2.2.2      TOP-DOWN APPROACH             44

2.2.2.1   Approach to derive market size using top-down analysis            44

FIGURE 8           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       44

2.3         MARKET SHARE ESTIMATION   45

2.4         DATA TRIANGULATION             45

FIGURE 9           DATA TRIANGULATION             46

2.5         RISK ASSESSMENT         46

TABLE 1             RISK FACTOR ANALYSIS             47

2.6         RECESSION-RELATED ASSUMPTIONS   47

2.7         RESEARCH ASSUMPTIONS AND LIMITATIONS  48

2.7.1      RESEARCH ASSUMPTIONS         48

2.7.2      RESEARCH LIMITATIONS           48

3            EXECUTIVE SUMMARY 49

FIGURE 10         HARDWARE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD     50

FIGURE 11         WIRELESS COMMUNICATION TECHNOLOGY TO RECORD HIGHER CAGR DURING FORECAST PERIOD       50

FIGURE 12         ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD              51

FIGURE 13         EUROPE HELD LARGEST SHARE OF SMART LIGHTING MARKET IN 2023             52

4            PREMIUM INSIGHTS      53

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART LIGHTING MARKET            53

FIGURE 14         RISING DEMAND FOR SMART LIGHTING IN INDOOR SETTINGS TO FUEL MARKET GROWTH     53

4.2         SMART LIGHTING MARKET, BY INSTALLATION TYPE   53

FIGURE 15         NEW INSTALLATIONS SEGMENT TO HOLD LARGER MARKET SHARE BETWEEN 2024 AND 2029            53

4.3         SMART LIGHTING MARKET, BY END-USE APPLICATION             54

FIGURE 16         INDOOR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD              54

4.4         SMART LIGHTING MARKET, BY REGION             54

FIGURE 17         INDIA TO REGISTER HIGHEST CAGR IN SMART LIGHTING MARKET DURING FORECAST PERIOD   54

5            MARKET OVERVIEW     55

5.1         INTRODUCTION            55

5.2         SMART LIGHTING MARKET DYNAMICS 55

FIGURE 18         SMART LIGHTING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    55

5.2.1      DRIVERS            56

5.2.1.1   Increasing smart city initiatives        56

5.2.1.2   Setting up of standard and digital protocols by authorized bodies             56

5.2.1.3   Rising demand for IoT-integrated smart lighting solutions         57

5.2.1.4   Growing adoption of LED lights and luminaires in outdoor applications  57

5.2.1.5   Surging demand for smart lighting in residential settings           58

5.2.1.6   Incorporation of data analytics         58

FIGURE 19         SMART LIGHTING MARKET DRIVERS: IMPACT ANALYSIS              59

5.2.2      RESTRAINTS     59

5.2.2.1   High initial cost of equipment and accessories             59

5.2.2.2   Security risks associated with internet-connected lighting systems           60

FIGURE 20         SMART LIGHTING MARKET RESTRAINTS: IMPACT ANALYSIS              60

5.2.3      OPPORTUNITIES           60

5.2.3.1   Emerging smart office and smart retail trends 60

5.2.3.2   Growth prospects in Asia Pacific and Middle East        61

5.2.3.3   Increasing preference for human-centric lighting solutions        61

5.2.3.4   Rising use of PoE-based lighting solutions in commercial and healthcare applications         62

5.2.3.5   Growing demand for personalized lighting control solutions      62

FIGURE 21         SMART LIGHTING MARKET OPPORTUNITIES: IMPACT ANALYSIS          63

5.2.4      CHALLENGES   63

5.2.4.1   Interoperability and compatibility issues        63

FIGURE 22         SMART LIGHTING MARKET CHALLENGES: IMPACT ANALYSIS              64

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       64

FIGURE 23         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS          64

5.4         PRICING ANALYSIS        65

5.4.1      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY OFFERING              65

FIGURE 24         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY OFFERING, 2024             65

TABLE 2             AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY OFFERING, 2020–2024 (USD)      65

5.4.2      INDICATIVE PRICING TREND OF SMART LIGHTS AND LUMINAIRES, BY REGION             65

TABLE 3             INDICATIVE PRICING TREND OF SMART LIGHTS AND LUMINAIRES, BY REGION, 2020–2024 (USD)        65

5.5         SUPPLY CHAIN ANALYSIS          66

FIGURE 25         SUPPLY CHAIN ANALYSIS: SMART LIGHTING MARKET  66

5.6         ECOSYSTEM ANALYSIS 67

TABLE 4             SMART LIGHTING MARKET: ECOSYSTEM ANALYSIS      67

FIGURE 26         KEY PLAYERS IN SMART LIGHTING MARKET     68

5.7         INVESTMENT AND FUNDING SCENARIO            69

FIGURE 27         INVESTMENT AND FUNDING SCENARIO FOR STARTUPS              69

5.8         TECHNOLOGY ANALYSIS           69

5.8.1      KEY TECHNOLOGIES    69

5.8.1.1   Communication protocols  69

5.8.1.2   Sensors  70

5.8.1.3   Smart controls     71

5.8.2      COMPLEMENTARY TECHNOLOGIES     71

5.8.2.1   Power over Ethernet (PoE)             71

5.8.2.2   Li-Fi (light fidelity)           72

5.8.2.3   Visible light communication (VLC) 72

5.8.3      ADJACENT TECHNOLOGIES      72

5.8.3.1   Voice assistants    72

5.9         PATENT ANALYSIS        73

FIGURE 28         PATENTS APPLIED AND GRANTED, 2014–2023   73

TABLE 5             SMART LIGHTING MARKET: MAJOR PATENTS, 2022–2024              74

5.10       TRADE ANALYSIS          75

5.10.1    IMPORT SCENARIO (HS CODE 9405)      75

FIGURE 29         IMPORT DATA FOR HS CODE 9405, BY KEY COUNTRY, 2018–2022 (USD MILLION)     75

TABLE 6             IMPORT SCENARIO FOR HS CODE 9405-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)    75

5.10.2    EXPORT SCENARIO (HS CODE 9405)      76

FIGURE 30         EXPORT DATA FOR HS CODE 9405, BY KEY COUNTRY, 2018–2022 (USD MILLION)     76

TABLE 7             EXPORT SCENARIO FOR HS CODE 9405-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD MILLION)    76

5.11       KEY CONFERENCES AND EVENTS, 2024–2025     77

TABLE 8             KEY CONFERENCES AND EVENTS, 2024–2025     77

5.12       CASE STUDY ANALYSIS 78

5.12.1    GERMAN MUNICIPALITY IMPLEMENTS SIGNIFY HOLDING’S BRIGHTSITES SOLUTION TO ADVANCE SMART CITY GOALS     78

TABLE 9             STREETLIGHT-ENABLED WIRELESS CONNECTIVITY IN GERMANY         78

5.12.2    HONEYWELL INTERNATIONAL INC. ESTABLISHES NEW AIRFIELD GROUND LIGHT MANUFACTURING FACILITY IN INDIA 78

TABLE 10           USE OF LATEST TECHNOLOGY TO ENHANCE AIRPORT OPERATIONS AND SAFETY        78

5.12.3    TRULIFI BY SIGNIFY HOLDING ENHANCES INTERNET CONNECTIVITY IN BELGIAN SCHOOLS  79

TABLE 11           USE OF LI-FI ACCELERATES DIGITALIZATION IN SCHOOLS              79

5.13       TARIFF AND REGULATORY LANDSCAPE            79

5.13.1    TARIFF ANALYSIS          80

TABLE 12           MFN TARIFF FOR HS CODE 9405-RELATED PRODUCTS EXPORTED BY CHINA (2023)     80

5.13.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          80

TABLE 13           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         80

TABLE 14           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81

TABLE 15           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

TABLE 16           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          82

5.14       PORTER’S FIVE FORCES ANALYSIS         82

FIGURE 31         SMART LIGHTING MARKET: PORTER’S FIVE FORCES ANALYSIS              83

TABLE 17           IMPACT ANALYSIS OF PORTER’S FIVE FORCES  83

5.14.1    INTENSITY OF COMPETITIVE RIVALRY 84

5.14.2    THREAT OF NEW ENTRANTS    84

5.14.3    THREAT OF SUBSTITUTES         84

5.14.4    BARGAINING POWER OF BUYERS           84

5.14.5    BARGAINING POWER OF SUPPLIERS     84

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    85

5.15.1    KEY STAKEHOLDERS IN BUYING PROCESS         85

FIGURE 32         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END-USE APPLICATION             85

TABLE 18           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END-USE APPLICATIONS (%)    85

5.15.2    BUYING CRITERIA         86

FIGURE 33         KEY BUYING CRITERIA, BY END-USE APPLICATION       86

TABLE 19           KEY BUYING CRITERIA, BY END-USE APPLICATION       86

6            SMART LIGHTING MARKET, BY INSTALLATION TYPE   87

6.1         INTRODUCTION            88

FIGURE 34         SMART LIGHTING MARKET, BY INSTALLATION TYPE   88

FIGURE 35         NEW INSTALLTIONS SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD      88

TABLE 20           SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2020–2023 (USD MILLION)     88

TABLE 21           SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2024–2029 (USD MILLION)     89

6.2         NEW INSTALLATIONS  89

6.2.1      NEED FOR MODERN LIGHTING SYSTEMS WITH STATE-OF-THE-ART COMPONENTS TO DRIVE MARKET        89

TABLE 22          NEW INSTALLATIONS: SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION)          89

TABLE 23          NEW INSTALLATIONS: SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION)          89

6.3         RETROFIT INSTALLATIONS      90

6.3.1      RISING DEMAND FOR SYSTEM UPGRADES TO BOOST MARKET GROWTH          90

TABLE 24           RETROFIT INSTALLATIONS: SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION)       90

TABLE 25           RETROFIT INSTALLATIONS: SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION)       90

7            SMART LIGHTING MARKET, BY OFFERING        91

7.1         INTRODUCTION            92

FIGURE 36         SMART LIGHTING MARKET, BY OFFERING        92

FIGURE 37         HARDWARE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD       93

TABLE 26           SMART LIGHTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          93

TABLE 27           SMART LIGHTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          93

7.2         HARDWARE      94

TABLE 28           HARDWARE: SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION)     94

TABLE 29           HARDWARE: SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION)     94

FIGURE 38         LIGHTS AND LUMINAIRES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD  95

TABLE 30           SMART LIGHTING MARKET, BY HARDWARE, 2020–2023 (USD MILLION)          95

TABLE 31           SMART LIGHTING MARKET, BY HARDWARE, 2024–2029 (USD MILLION)          95

TABLE 32           SMART LIGHTING MARKET, BY HARDWARE, 2020–2023 (THOUSAND UNITS)     96

TABLE 33           SMART LIGHTING MARKET, BY HARDWARE, 2024–2029 (THOUSAND UNITS)     96

7.2.1      LIGHTS AND LUMINAIRES         96

7.2.1.1   Cost and energy-efficiency benefits of LED technology to boost demand 96

7.2.2      LIGHTING CONTROLS 97

TABLE 34           SMART LIGHTING MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2020–2023 (USD MILLION)           98

TABLE 35           SMART LIGHTING MARKET FOR LIGHTING CONTROLS, BY COMPONENT, 2024–2029 (USD MILLION)           98

7.2.2.1   LED drivers and ballasts    99

7.2.2.1.1 Used to enhance LED performance 99

7.2.2.2   Sensors  99

7.2.2.2.1 Wide adoption in residential environments    99

7.2.2.3   Switches 100

7.2.2.3.1 Facilitate easy lighting control         100

7.2.2.4   Dimmers             101

7.2.2.4.1 Offer enhanced flexibility  101

7.2.2.5   Relay units           101

7.2.2.5.1 Provide improved lighting control    101

7.2.2.6   Gateways             102

7.2.2.6.1 Enable communication between controllers   102

7.3         SOFTWARE       102

7.3.1      NEED FOR ACCURATE DATA ANALYTICS TO DRIVE MARKET    102

TABLE 36           SOFTWARE: SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION) 102

TABLE 37           SOFTWARE: SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION) 103

7.4         SERVICES          104

TABLE 38           SERVICES: SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION) 104

TABLE 39           SERVICES: SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION) 104

TABLE 40           SMART LIGHTING MARKET FOR SERVICES, BY TYPE, 2020–2023 (USD MILLION) 105

TABLE 41           SMART LIGHTING MARKET FOR SERVICES, BY TYPE, 2024–2029 (USD MILLION) 105

7.4.1      PRE-INSTALLATION SERVICES 105

7.4.1.1   Help tailor lighting solutions to suit customer requirements       105

7.4.2      POST-INSTALLATION SERVICES             105

7.4.2.1   Provide comprehensive post-installation support and maintenance          105

8            SMART LIGHTING MARKET, BY END-USE APPLICATION             106

8.1         INTRODUCTION            107

FIGURE 39         INDOOR APPLICATION TO DOMINATE MARKET IN 2029              107

TABLE 42           SMART LIGHTING MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)     107

TABLE 43           SMART LIGHTING MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)     107

8.2         INDOOR             108

FIGURE 40         COMMERCIAL INDOOR APPLICATIONS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    108

TABLE 44           INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     108

TABLE 45           INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     109

TABLE 46           INDOOR SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION) 109

TABLE 47           INDOOR SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION) 109

8.2.1      COMMERCIAL  110

8.2.1.1   Rising need to reduce energy consumption to drive demand      110

8.2.2      INDUSTRIAL     111

8.2.2.1   Increasing demand for enhanced safety and productivity to drive market 111

8.2.3      RESIDENTIAL   112

8.2.3.1   Growing demand for energy-efficient solutions to boost market 112

8.2.4      OTHERS             113

8.3         OUTDOOR        113

FIGURE 41         HIGHWAYS AND ROADWAYS LIGHTING TO LEAD OUTDOOR SMART LIGHTING MARKET DURING FORECAST PERIOD            113

TABLE 48           OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          114

TABLE 49           OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          114

TABLE 50           OUTDOOR SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION) 114

TABLE 51           OUTDOOR SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION) 114

8.3.1      HIGHWAYS AND ROADWAYS LIGHTING             115

8.3.1.1   Need for customized lighting control solutions to drive market  115

8.3.2      ARCHITECTURAL LIGHTING    115

8.3.2.1   Requirement for human-centric lighting to drive demand          115

8.3.3      LIGHTING FOR PUBLIC PLACES             116

8.3.3.1   Safety concerns to accelerate demand            116

9            SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY              117

9.1         INTRODUCTION            118

FIGURE 42         SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY 118

FIGURE 43         WIRED COMMUNICATION TECHNOLOGY TO DOMINATE MARKET DURING FORECAST PERIOD   118

TABLE 52           SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)          119

TABLE 53           SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)          119

9.2         WIRED 119

FIGURE 44         DALI SEGMENT TO LEAD WIRED COMMUNICATION TECHNOLOGY MARKET DURING FORECAST PERIOD   120

TABLE 54           SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY, BY TYPE, 2020–2023 (USD MILLION)       120

TABLE 55           SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY, BY TYPE, 2024–2029 (USD MILLION)       120

TABLE 56           SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY, BY REGION, 2020–2023 (USD MILLION)  121

TABLE 57           SMART LIGHTING MARKET FOR WIRED COMMUNICATION TECHNOLOGY, BY REGION, 2024–2029 (USD MILLION)  121

9.2.1      DALI     121

9.2.1.1   Offers versatility and greater energy savings  121

9.2.2      POWER OVER ETHERNET (POE)             122

9.2.2.1   Used to power devices through Ethernet cables            122

9.2.3      POWER LINE COMMUNICATIONS (PLC)             122

9.2.3.1   Helps improve connectivity between lighting solutions 122

9.2.4      WIRED HYBRID PROTOCOLS    123

9.2.4.1   Ensure security and isolation of control systems           123

9.3         WIRELESS          123

FIGURE 45         ZIGBEE SEGMENT TO DOMINATE WIRELESS COMMUNICATION TECHNOLOGY MARKET DURING FORECAST PERIOD              124

TABLE 58           SMART LIGHTING MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY, BY TYPE, 2020–2023 (USD MILLION)       124

TABLE 59           SMART LIGHTING MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY, BY TYPE, 2024–2029 (USD MILLION)       125

TABLE 60           SMART LIGHTING MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY, BY REGION, 2020–2023 (USD MILLION)  125

TABLE 61           SMART LIGHTING MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY, BY REGION, 2024–2029 (USD MILLION)  125

9.3.1      ZIGBEE 126

9.3.1.1   Serves low-power wireless IoT networks        126

9.3.2      WI-FI    126

9.3.2.1   Facilitates direct device-to-device connections             126

9.3.3      BLE       127

9.3.3.1   Enhances user mobility by eliminating cables 127

9.3.4      ENOCEAN         127

9.3.4.1   Enables prolonged communication without need for recharging 127

9.3.5      6LOWPAN         128

9.3.5.1   Facilitates communication for devices with limited processing capabilities              128

9.3.6      WIRELESS HYBRID PROTOCOLS             128

9.3.6.1   Improve data transmission through proactive and reactive routing           128

10          SMART LIGHTING MARKET, BY REGION             129

10.1       INTRODUCTION            130

FIGURE 46         MARKET SEGMENTATION, BY REGION 130

FIGURE 47         ASIA PACIFIC TO RECORD HIGHEST CAGR IN SMART LIGHTING MARKET FROM 2024 TO 2029             130

TABLE 62           SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION)          131

TABLE 63           SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION)          131

10.2       NORTH AMERICA          131

FIGURE 48         NORTH AMERICA: SMART LIGHTING MARKET SNAPSHOT              132

TABLE 64           NORTH AMERICA: SMART LIGHTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          132

TABLE 65           NORTH AMERICA: SMART LIGHTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          133

TABLE 66           NORTH AMERICA: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2020–2023 (USD MILLION)            133

TABLE 67           NORTH AMERICA: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2024–2029 (USD MILLION)            133

TABLE 68           NORTH AMERICA: SMART LIGHTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)          133

TABLE 69           NORTH AMERICA: SMART LIGHTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)          134

TABLE 70           NORTH AMERICA: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)   134

TABLE 71           NORTH AMERICA: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)   134

TABLE 72           NORTH AMERICA: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)           134

TABLE 73           NORTH AMERICA: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)           135

TABLE 74           NORTH AMERICA: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)           135

TABLE 75           NORTH AMERICA: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           135

TABLE 76           NORTH AMERICA: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)           135

TABLE 77           NORTH AMERICA: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           136

10.2.1    NORTH AMERICA: RECESSION IMPACT 136

10.2.2    US         136

10.2.2.1 Rising demand for energy-efficient lighting technologies to drive market 136

10.2.3    CANADA            137

10.2.3.1 Rising consumer awareness to propel demand              137

10.2.4    MEXICO             138

10.2.4.1 Growing adoption in commercial and industrial settings to boost market 138

10.3       EUROPE             138

FIGURE 49         EUROPE: SMART LIGHTING MARKET SNAPSHOT           139

TABLE 78           EUROPE: SMART LIGHTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 140

TABLE 79           EUROPE: SMART LIGHTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 140

TABLE 80          EUROPE: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2020–2023 (USD MILLION)          140

TABLE 81          EUROPE: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2024–2029 (USD MILLION)          140

TABLE 82           EUROPE: SMART LIGHTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 141

TABLE 83           EUROPE: SMART LIGHTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 141

TABLE 84           EUROPE: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)          141

TABLE 85           EUROPE: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)          141

TABLE 86           EUROPE: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)           142

TABLE 87           EUROPE: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)           142

TABLE 88           EUROPE: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)           142

TABLE 89           EUROPE: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           142

TABLE 90           EUROPE: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)           143

TABLE 91           EUROPE: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           143

10.3.1    EUROPE: RECESSION IMPACT   143

10.3.2    GERMANY         144

10.3.2.1 Rising environmental concerns to drive market            144

10.3.3    FRANCE             144

10.3.3.1 Need for sustainable lighting in public spaces to fuel market      144

10.3.4    UK         145

10.3.4.1 Growing demand for eco-friendly lighting solutions to propel market      145

10.3.5    ITALY   145

10.3.5.1 Resurgence of construction industry to boost demand  145

10.3.6    SPAIN   145

10.3.6.1 Emission reduction goals to drive market       145

10.3.7    REST OF EUROPE           146

10.4       ASIA PACIFIC    146

FIGURE 50         ASIA PACIFIC: SMART LIGHTING MARKET SNAPSHOT  147

TABLE 92           ASIA PACIFIC: SMART LIGHTING MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     147

TABLE 93           ASIA PACIFIC: SMART LIGHTING MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     148

TABLE 94           ASIA PACIFIC: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2020–2023 (USD MILLION)             148

TABLE 95           ASIA PACIFIC: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2024–2029 (USD MILLION)             148

TABLE 96           ASIA PACIFIC: SMART LIGHTING MARKET, BY OFFERING, 2020–2023 (USD MILLION)     149

TABLE 97           ASIA PACIFIC: SMART LIGHTING MARKET, BY OFFERING, 2024–2029 (USD MILLION)     149

TABLE 98           ASIA PACIFIC: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)   149

TABLE 99           ASIA PACIFIC: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)   149

TABLE 100         ASIA PACIFIC: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)           150

TABLE 101         ASIA PACIFIC: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)           150

TABLE 102         ASIA PACIFIC: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)           150

TABLE 103         ASIA PACIFIC: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           150

TABLE 104         ASIA PACIFIC: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)           151

TABLE 105         ASIA PACIFIC: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           151

10.4.1    ASIA PACIFIC: RECESSION IMPACT        151

10.4.2    CHINA  151

10.4.2.1 Increasing construction activities to accelerate demand             151

10.4.3    JAPAN  152

10.4.3.1 Need to reduce energy consumption to fuel market      152

10.4.4    INDIA   152

10.4.4.1 Government initiatives to drive market          152

10.4.5    AUSTRALIA       153

10.4.5.1 Growing focus on energy-efficiency to boost market    153

10.4.6    REST OF ASIA PACIFIC  153

10.5       ROW     154

FIGURE 51         MIDDLE EAST & AFRICA TO HOLD LARGER SHARE OF ROW MARKET DURING FORECAST PERIOD   154

TABLE 106         ROW: SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION)          155

TABLE 107         ROW: SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION)          155

TABLE 108         ROW: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2020–2023 (USD MILLION)          155

TABLE 109         ROW: SMART LIGHTING MARKET, BY INSTALLATION TYPE, 2024–2029 (USD MILLION)          155

TABLE 110         ROW: SMART LIGHTING MARKET, BY OFFERING, 2020–2023 (USD MILLION) 155

TABLE 111         ROW: SMART LIGHTING MARKET, BY OFFERING, 2024–2029 (USD MILLION) 156

TABLE 112         ROW: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)          156

TABLE 113         ROW: SMART LIGHTING MARKET, BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)          156

TABLE 114         ROW: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2020–2023 (USD MILLION)          156

TABLE 115         ROW: SMART LIGHTING MARKET, BY END-USE APPLICATION, 2024–2029 (USD MILLION)          157

TABLE 116         ROW: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          157

TABLE 117         ROW: INDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          157

TABLE 118         ROW: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2020–2023 (USD MILLION)           157

TABLE 119         ROW: OUTDOOR SMART LIGHTING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)           158

10.5.1    ROW: RECESSION IMPACT         158

10.5.2    SOUTH AMERICA           158

10.5.2.1 Increasing focus on cost-saving systems to drive market             158

10.5.3    MIDDLE EAST & AFRICA             159

10.5.3.1 Demand for connected urban environments to drive market      159

10.5.3.2 GCC Countries    159

10.5.3.3 Rest of Middle East & Africa            160

TABLE 120         MIDDLE EAST & AFRICA: SMART LIGHTING MARKET, BY REGION, 2020–2023 (USD MILLION)       160

TABLE 121         MIDDLE EAST & AFRICA: SMART LIGHTING MARKET, BY REGION, 2024–2029 (USD MILLION)       160

11          COMPETITIVE LANDSCAPE       161

11.1       OVERVIEW        161

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024     161

TABLE 122         SMART LIGHTING MARKET: KEY STRATEGIES ADOPTED BY LEADING PLAYERS, 2021–2024   161

11.3       REVENUE ANALYSIS, 2019–2023 162

FIGURE 52         SMART LIGHTING MARKET: REVENUE ANALYSIS OF FIVE KEY COMPANIES, 2019–2023 162

11.4       MARKET SHARE ANALYSIS, 2023             163

TABLE 123         SMART LIGHTING MARKET: DEGREE OF COMPETITION              163

FIGURE 53         SMART LIGHTING MARKET SHARE ANALYSIS, 2023        164

11.5       COMPANY VALUATION AND FINANCIAL METRICS        166

11.5.1    COMPANY VALUATION 166

FIGURE 54         SMART LIGHTING MARKET: COMPANY VALUATION, 2024              166

11.5.2    FINANCIAL METRICS    167

FIGURE 55         SMART LIGHTING MARKET: FINANCIAL METRICS, 2023 167

11.6       BRAND/PRODUCT COMPARISON          167

11.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   168

FIGURE 56         SMART LIGHTING MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     168

11.7.1    STARS  169

11.7.2    EMERGING LEADERS    169

11.7.3    PERVASIVE PLAYERS     169

11.7.4    PARTICIPANTS 169

11.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      170

11.7.5.1 Company footprint            170

FIGURE 57         SMART LIGHTING MARKET: COMPANY FOOTPRINT     170

11.7.5.2 Region footprint  171

TABLE 124         SMART LIGHTING MARKET: REGION FOOTPRINT         171

11.7.5.3 Installation type footprint  172

TABLE 125         SMART LIGHTING MARKET: INSTALLATION TYPE FOOTPRINT              172

11.7.5.4 Offering footprint 173

TABLE 126         SMART LIGHTING MARKET: OFFERING FOOTPRINT     173

11.7.5.5 End-use application footprint          174

TABLE 127         SMART LIGHTING MARKET: END-USE APPLICATION FOOTPRINT      174

11.7.5.6 Communication technology footprint            175

TABLE 128         SMART LIGHTING MARKET: COMMUNICATION TECHNOLOGY FOOTPRINT      175

11.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          175

FIGURE 58         SMART LIGHTING MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023             176

11.8.1    PROGRESSIVE COMPANIES       176

11.8.2    RESPONSIVE COMPANIES          176

11.8.3    DYNAMIC COMPANIES 177

11.8.4    STARTING BLOCKS       177

11.8.5    COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023             177

11.8.5.1 Detailed list of startups/SMEs         177

TABLE 129         SMART LIGHTING MARKET: KEY STARTUPS/SMES         177

11.8.5.2 Competitive benchmarking of key startups/SMEs        178

TABLE 130         SMART LIGHTING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES           178

11.9       COMPETITIVE SCENARIO AND TRENDS             178

11.9.1    PRODUCT LAUNCHES  178

TABLE 131         SMART LIGHTING MARKET: PRODUCT LAUNCHES, AUGUST 2021–APRIL 2024             178

11.9.2    DEALS  182

TABLE 132         SMART LIGHTING MARKET: DEALS, AUGUST 2021–APRIL 2024              182

12          COMPANY PROFILES    184

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*

12.1       INTRODUCTION            184

12.2       KEY PLAYERS   184

12.2.1    SIGNIFY HOLDING        184

TABLE 133         SIGNIFY HOLDING: COMPANY OVERVIEW         185

FIGURE 59         SIGNIFY HOLDING: COMPANY SNAPSHOT         186

TABLE 134         SIGNIFY HOLDING: PRODUCTS/SOLUTIONS/SERVICES OFFERED          186

TABLE 135         SIGNIFY HOLDING: PRODUCT LAUNCHES         189

TABLE 136         SIGNIFY HOLDING: DEALS        191

TABLE 137         SIGNIFY HOLDING: OTHERS     192

12.2.2    LEGRAND         194

TABLE 138         LEGRAND: COMPANY OVERVIEW          194

FIGURE 60         LEGRAND: COMPANY SNAPSHOT          194

TABLE 139         LEGRAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED              195

TABLE 140         LEGRAND: PRODUCT LAUNCHES          196

TABLE 141         LEGRAND: DEALS          196

12.2.3    ACUITY BRANDS, INC.   198

TABLE 142         ACUITY BRANDS, INC.: COMPANY OVERVIEW   198

FIGURE 61         ACUITY BRANDS, INC.: COMPANY SNAPSHOT   199

TABLE 143         ACUITY BRANDS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          199

TABLE 144         ACUITY BRANDS, INC.: PRODUCT LAUNCHES   201

TABLE 145         ACUITY BRANDS, INC.: DEALS  202

12.2.4    AMS-OSRAM AG             203

TABLE 146         AMS-OSRAM AG: COMPANY OVERVIEW 203

FIGURE 62         AMS-OSRAM AG: COMPANY SNAPSHOT             204

TABLE 147         AMS-OSRAM AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED              204

TABLE 148         AMS-OSRAM AG: DEALS             205

12.2.5    HONEYWELL INTERNATIONAL INC.      207

TABLE 149         HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW              207

FIGURE 63         HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT              208

TABLE 150         HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   208

TABLE 151         HONEYWELL INTERNATIONAL INC.: DEALS      210

12.2.6    ZUMTOBEL GROUP      212

TABLE 152         ZUMTOBEL GROUP: COMPANY OVERVIEW       212

FIGURE 64         ZUMTOBEL GROUP: COMPANY SNAPSHOT       213

TABLE 153         ZUMTOBEL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          213

TABLE 154         ZUMTOBEL GROUP: DEALS       214

12.2.7    WIPRO LIGHTING          215

TABLE 155         WIPRO LIGHTING: COMPANY OVERVIEW          215

TABLE 156         WIPRO LIGHTING: PRODUCTS/SOLUTIONS/SERVICES OFFERED          215

TABLE 157         WIPRO LIGHTING: DEALS          216

12.2.8    LUTRON ELECTRONICS CO., INC            217

TABLE 158         LUTRON ELECTRONICS CO., INC: COMPANY OVERVIEW              217

TABLE 159         LUTRON ELECTRONICS CO., INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED   217

TABLE 160         LUTRON ELECTRONICS CO., INC: PRODUCT LAUNCHES              219

12.2.9    IDEAL INDUSTRIES, INC. (CREE LIGHTING)       220

TABLE 161         IDEAL INDUSTRIES, INC. (CREE LIGHTING): COMPANY OVERVIEW        220

TABLE 162         IDEAL INDUSTRIES, INC. (CREE LIGHTING): PRODUCTS/SOLUTIONS/SERVICES OFFERED   220

TABLE 163         IDEAL INDUSTRIES, INC. (CREE LIGHTING): PRODUCT LAUNCHES       221

12.2.10  LEDVANCE GMBH         222

TABLE 164         LEDVANCE GMBH: COMPANY OVERVIEW          222

TABLE 165         LEDVANCE GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED          222

TABLE 166         LEDVANCE GMBH: DEALS         223

12.3       OTHER PLAYERS           224

12.3.1    CURRENT          224

12.3.2    SAVANT SYSTEMS, INC. 225

12.3.3    INTER IKEA SYSTEMS B.V.          226

12.3.4    DIALIGHT         227

12.3.5    SCHNEIDER ELECTRIC 228

12.3.6    ABB       229

12.3.7    LIGHTWAVE     230

12.3.8    RAB LIGHTING INC.      231

12.3.9    SYNAPSE WIRELESS INC.            232

12.3.10  PANASONIC CORPORATION     233

12.3.11  LEVITON MANUFACTURING CO., INC.  234

12.3.12  SYSKA  235

12.3.13  BUILDING ROBOTICS INC. (BRI), A SIEMENS COMPANY 235

12.3.14  HELVAR             236

12.3.15  LIFX      237

12.3.16  NANOLEAF       238

12.3.17  SENGLED GMBH            239

12.3.18  TVILIGHT PROJECTS B.V.           240

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.

13          APPENDIX         241

13.1       INSIGHTS OF INDUSTRY EXPERTS         241

13.2       DISCUSSION GUIDE      241

13.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             244

13.4       CUSTOMIZATION OPTIONS      246

13.5       RELATED REPORTS       246

13.6       AUTHOR DETAILS         247