Global Lighting as a Service (LaaS) Market Analysis, 2020

By Installation (Indoor, Outdoor), By End-User (Commercial, Industrial, Municipal), By Components (Luminaire & Control Equipment, Software & Communication Systems, Maintenance & Ot......her Services), By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America), By Countries (U.S, Canada, Mexico, Brazil, Argentina, Colombia, UK, France, Germany, Spain, Italy, UAE, Saudi Arabia, South Africa, China, Japan, India, Australia, Singapore, Malaysia, South Korea, Others), By Company Read more

  • ICT & Electronics
  • Apr 2020
  • 209
  • PDF, Excel, PPT

The Global Lighting as a Service Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Global Lighting as a Service market which consists of region-wise market size, market forecast, CAGR market segmentation, market share of various components, end users, installation type, etc.

According to MarkNtel Advisors’ market research report titled “Global Lighting as a Service Market Analysis, 2020”, the market size of Lighting as a Service market across the globe is forecast to grow at the CAGR of around 45% during 2020-25. The key factors contributing to the market growth of the Global Lighting as a Service market are the emerging need for energy-efficient, growing demand for connected and low-cost lighting systems along with the development of smart cities. Moreover, owing to the extensive government regulations for optimum energy efficiency, the manufacturers are offering various low energy consumable energy solutions, therefore end-users are replacing or retrofitting their old lighting system with the new energy-efficient ones due to which the market for Lighting as a Service is escalating steadily. 

Market Outlook

Asia-Pacific to Register the Highest CAGR in Forthcoming Years 

In 2019, North America acquired the major market share. The presence of numerous lighting manufacturers and solution providers in countries such as the U.S and Canada coupled with the government regulations for changing old lighting systems with energy-efficient ones are key factors contributing to the growth of the Lighting as a Service market in North America. 

Report Coverage Details
Study Period   Historical Data: 2015-19
  Base Year: 2019
  Forecast Period: 2020-25
Regions Covered   North America
  Europe
  Asia-Pacific
  South America
  Middle East & Africa
Unit Denominations   USD Million/Billion

Furthermore, the APAC is expected to grow at the highest CAGR during 2020-25 owing to a surge in smart city and smart home projects in countries such as China and India. Also, the growing adoption of IoT-based solutions in the commercial sector and the manufacturing sector in the region is a contributing factor for the growth of the increasing market share of the APAC region in the Global Lighting as a Service market.

Outdoor Segment to see Robust Growth During 2020-25

In 2019, the indoor segment captured the major market share in the Global Lighting as a Service market. The key contributing factor for the growth in the market share is the deployment of smart lighting solutions in residential homes, offices, malls, etc. Furthermore, the IoT integration in a lighting system with other types of equipment such as HVAC, fans, etc is also helping in the growth of the indoor segment. 

  1. Introduction
    1. Market Segmentation
    2. Product Definition
    3. Research Process
    4. Assumptions
  2. Executive Summary
  3. Global Lighting as a Service Market Overview
  4. Expert Verbatim- What our Experts Say?
  5. Global Lighting as a Service Market Analysis, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Installation
        1. Indoor
        2. Outdoor
      2. By End-User
        1. Commercial
        2. Municipal
        3. Industrial
      3. By Components
        1. Luminaire & Control Equipment
        2. Software & Communication Systems
        3. Maintenance & Other Services
      4. By Region
        1. North America
        2. South America
        3. Asia-Pacific
        4. Europe
        5. Middle East & Africa
      5. By Company
        1. Market Shares, By Revenue
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
    3. Market Attractiveness Index
      1. By Installation
      2. By  End-User
      3. By End-Users
      4. By Components
      5. By Region
  6. North America Lighting as a Service Market Analysis, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. Market Attractiveness Index
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
    4. The U.S Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
      3. By Installation
      4. By End-User
      5. By Components
    5. Canada Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
      3. By Installation
      4. By End-User
      5. By Components
    6. Mexico Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
      3. By Installation
      4. By End-User
      5. By Components
  7. South America Lighting as a Service Market Analysis, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
        1. Brazil
        2. Argentina
        3. Colombia
        4. Others
    3. Market Attractiveness Index
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
    4. Brazil Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    5. Argentina Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    6. Colombia Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
  8. Asia- Pacific Lighting as a Service Market Analysis, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Others
    3. Market Attractiveness Index
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
    4. China Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    5. India Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    6. Japan Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    7. South Korea Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    8. Singapore Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    9. Malaysia Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    10. Australia Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
  9. Europe Lighting as a Service Market Analysis, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
        1. Germany
        2. The UK
        3. France
        4. Spain
        5. Italy
        6. Others
    3. Germany Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    4. The U.K. Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    5. France Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    6. Spain Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    7. Italy Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
  10. Middle East & Africa Lighting as a Service Market Analysis, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Installation
      2. By End-User
      3. By Components
      4. By Country
        1. UAE
        2. Saudi Arabia
        3. South Africa
        4. Others
    3. The UAE Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    4. Saudi Arabia Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
    5. South Africa Lighting as a Service Market Analysis, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Installation
        2. By End-User
        3. By Components
  11. Global Lighting as a Service Market Policies, Regulations, Product Standards
  12. Key Strategies Adopted by Lighting as a Service Suppliers
  13. Global Lighting as a Service Market Trends & Insights
  14. Global Lighting as a Service Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  15. Global Lighting as a Service Market Hotspot & Opportunities
  16. Global Lighting as a Service Market Key Strategic Imperatives for Success & Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. General Electric Lighting
      2. Koninklijke Philips N.V
      3. Zumtobel Group AG
      4. SIB Lighting
      5. Lunera Lighting
      6.  IGOR Inc.
      7.  Cree, Inc.
      8. RCG Lighthouse
      9.  Itelecom USA
      10. Future Energy Solutions.
  18.  Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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