The Lighting Control System Market was valued around USD 18,943 million in 2019 and is predicted to grow at a CAGR of 14.1% over the forecast period (2020-2027).

The factors driving the growth of Lighting Control System Market includes rising consciousness about reducing energy consumption, expansion of the smart city network, increasing installation of smart lighting systems around the world and improvements in the living standards. Moreover, Government schemes promoting the use of energy efficient products, technological advancements in lighting control systems, shift from using conventional lighting to LED, rapid digitalization and rising focus on modernizing the lighting infrastructure, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading companies on research and development, strategic mergers, and acquisitions between key industry players, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.

However, growth of the Lighting Control System Market is hindered due to high installation cost of lighting control systems.

The prominent players operating in the market are OSRAM, Acuity Brands Lighting Inc., Schneider Electric SE, Legrand S.A., Philips Lighting Holding B.V., Honeywell International Inc., Hubbell Incorporated, General Electric Company, Lutron Electronics Co., Inc. and Ideal Industries, Inc., among others.

Based on Type, the New Installations segment is expected to expand at a remarkable CAGR during the forecast period

Growing demand for smart lighting control systems in corporate offices, parking spaces, and shopping malls and rising adoption of advanced technologies, are some of the factors responsible for the segment’s growth.

Based on Offering, the Hardware segment is projected to capture the largest market share over the forecast period

As per the Global Lighting Control System Market Forecast, growing demand for LEDs across the globe, is major factor pushing the growth of the segment.

Based on Region, the Asia-Pacific region is anticipated to hold the highest market share during the forecast period

Rise in the installation of smart lighting systems, increase in Government’s expenditure on smart city projects, rapid urbanization and high population growth rates are some of the important factors augmenting the Lighting Control System Market size in Asia-Pacific region.

Key Developments

• In 2019, Acuity Brands Lighting Inc. launched Modulus, a low voltage distributed power and control system which offer digital control and network technologies for LED luminaires.
• In 2019, Ideal Industries, Inc., completed the acquisition of Cree Lighting, a lighting Product business unit of Cree, Inc. The acquisition includes LED lighting fixtures, lamps, and corporate lighting solutions business for commercial, industrial, and consumer applications.
• In 2018, Lutron Electronics Co., Inc. completed the acquisition of Ketra, a natural light solution provider. Through this acquisition, Lutron plans to expand its product offering and provides its target customer with a more comfortable, productive, and pleasant environment at home and at work.

Market Segmentation

Segmentation by Installation Type

• New Installations
• Retrofit Installations

Segmentation by Offering

• Hardware
  • LED Drivers and Ballasts
  • Sensors
  • Switches
    • Manual On/Off Switches
    • Electronic Switches
  • Dimmers
    • Wired Dimmers
    • Wireless Dimmers
  • Relay Units
  • Gateways
• Software
  • Local/Web Based
  • Cloud Based
• Services
  • Professional Services
  • Installation and Maintenance Services

Segmentation Market by End-use Application

• Indoor
  • Residential
  • Commercial
  • Industrial
  • Others
• Outdoor
  • Highways Roadways Lighting
  • Architectural Lighting
  • Lighting for Public Places

Segmentation by Communication Protocol

• Wired
  • DALI
  • PLC
  • POE
  • Wired Hybrid Protocols
  • Others
• Wireless
  • ZigBee
  • Bluetooth/BLE
  • EnOcean
  • Wi-Fi
  • 6LoWPAN
  • Wireless Hybrid Protocols
  • Others

Segmentation by Region

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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