According to MarkNtel Advisors’ research report titled “Global Lighting Controls Market Analysis, 2020”, the Lighting Controls market is projected to register a CAGR of around 14% during 2020-25. The Asia-Pacific region is anticipated to rapidly grow in the Global Lighting Controls market in the forthcoming period.
| 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 |
The Asia-Pacific Lighting Controls market is driven largely by the adoption of lighting controls for large open spaces in the form of halls in hotels and restaurants since the past few years and it is further expected that the construction of new hotels and restaurants would add to larger demand in the coming years. For instance, the construction of hotel and convention centers, worth around USD 282 million in India is expected to add demand for lighting controls by 2022.
Moreover, the push toward the installation of smart street lamps for traffic management and resolving parking issues in India, China, and developing South-East Asian countries would drive the software market for lighting control.
The software segment acquired a considerable market share in the Global Lighting Controls market in 2019. The demand for software both cloud and web-based are expected to increase in the coming years due to surging demand for smart lighting solutions worldwide. The smart lighting control system is easily controllable through smartphones and other smart devices. Thus, the demand for smart lighting solutions is increasing throughout the world. The cloud-based lighting control system are used by end-users to reduce the risk of safety and security. The construction of hospitals, government building, etc. are generating the demand for cloud-based lighting control systems throughout the world.
According to MarkNtel Advisors, the key players capturing a considerable market share in the Global Lighting Controls market include Lutron, Acuity Brands, Legrand, Hubbel Inc., Schneider Electric, Eaton, ABB, etc. The players are introducing new lighting control systems and software to gain a competitive edge in the industry. In 2018, Fulham launched a new line of Bluetooth mesh lighting control systems and software. In 2019, LG introduced a new lighting control system, the LG Smart Lighting Manager (SLM).
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Global Lighting Controls Market during 2020-25?
A. The market size of Global Lighting Controls Market during 2020-25 is forecast to be around 14%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Lighting Controls Market?
A. Lutron, Acuity Brands, Legrand, Hubbel Inc., Schneider Electric, Eaton, ABB are few of the leading players in the Global Lighting Controls Market.
Q. Does the report scope cover Global Lighting Controls connection type and region wise market statistics also?
A. Yes, the scope of the report encompass detailed Global Lighting Controls connection type and region wise statistics such as market size, market segmentation based on various subcategories.
Q. Which component segment would emerge as an opportunity area for players in Lighting Controls Market?
A. The Software segment the largest segments will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Lighting Controls Market.
1. Introduction
1.1. Market Segmentation
1.2. Product Definition
1.3. Research Process
1.4. Assumptions
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Lighting Controls Market Outlook, 2015-2025F
4.1. Market Size & Analysis
4.1.1. Market Revenues
4.2. Market Share & Analysis
4.2.1. By Component
4.2.1.1. Hardware
4.2.1.1.1. Switches
4.2.1.1.2. Sensors
4.2.1.1.3. Dimmers
4.2.1.1.4. LED Drivers
4.2.1.1.5. Others
4.2.1.2. Software
4.2.1.2.1. Cloud based
4.2.1.2.2. Web based
4.2.1.3. Services
4.2.1.3.1. Professional Services
4.2.1.3.2. Maintenance Services
4.2.1.3.3. Managed Services
4.2.1.3.4. Others
4.2.2. By Installation
4.2.2.1. New Installation
4.2.2.2. Retrofit Installation
4.2.3. By Connection Type
4.2.3.1. Wired
4.2.3.1.1. Digital Addressable Lighting Interface (DALI)
4.2.3.1.2. Power Line Communication (PLC)
4.2.3.1.3. Power Over Ethernet (POE)
4.2.3.1.4. Hybrid (Wired)
4.2.3.1.5. Others
4.2.3.2. Wireless
4.2.3.2.1. Zigbee
4.2.3.2.2. Bluetooth/Bluetooth Low Energy (BLE)
4.2.3.2.3. Enocean
4.2.3.2.4. Wi-Fi
4.2.3.2.5. 6lowpan
4.2.3.2.6. Hybrid (Wireless)
4.2.3.2.7. Others
4.2.4. By End User
4.2.4.1. Residential
4.2.4.2. Commercial
4.2.4.3. Industrial
4.2.4.4. Public & Government Buildings
4.2.4.5. Highways & Roadways
4.2.4.6. Transportation & Automotive
4.2.4.7. Architectural Lightings
4.2.5. By Region
4.2.5.1. North America
4.2.5.2. South America
4.2.5.3. Middle East & Africa
4.2.5.4. Asia-Pacific
4.2.5.5. Europe
4.2.6. By Company
4.2.6.1. Revenue Shares
4.2.6.2. Strategic Factorial Indexing
4.2.6.3. Competitor Placement in MarkNtel Quadrant
4.3. Market Attractiveness Index
4.3.1. By Component
12.1.Competition Matrix
4.3.3. By Connection Type
4.3.4. By End User
4.3.5. By Region
5. North America Lighting Controls Market Outlook, 2015-2025F
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Component
5.2.2. By Installation
5.2.3. By Connection Type
5.2.4. By End User
5.2.5. By Country
5.2.5.1. US
5.2.5.2. Canada
5.2.5.3. Mexico
5.3. Market Attractiveness Index
5.3.1. By Component
5.3.2. By Installation
5.3.3. By Connection Type
5.3.4. By End User
5.3.5. By Country
6. South America Lighting Controls Market Outlook, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Market Revenues
6.2. Market Share & Analysis
6.2.1. By Component
6.2.2. By Installation
6.2.3. By Connection Type
6.2.4. By End User
6.2.5. By Country
6.2.5.1. Brazil
6.2.5.2. Argentina
6.2.5.3. Others
6.3. Market Attractiveness Index
6.3.1. By Component
6.3.2. By Installation
6.3.3. By Connection Type
6.3.4. By End User
6.3.5. By Country
7. Middle East & Africa Lighting Controls Market Outlook, 2015-2025F
7.1. Market Size & Analysis
7.1.1. Market Revenues
7.2. Market Share & Analysis
7.2.1. By Component
7.2.2. By Installation
7.2.3. By Connection Type
7.2.4. By End User
7.2.5. By Country
7.2.5.1. UAE
7.2.5.2. Saudi Arabia
7.2.5.3. South Africa
7.2.5.4. Nigeria
7.2.5.5. Others
7.3. Market Attractiveness Index
7.3.1. By Component
7.3.2. By Installation
7.3.3. By Connection Type
7.3.4. By End User
7.3.5. By Country
8. Asia-Pacific Lighting Controls Market Outlook, 2015-2025F
8.1. Market Size & Analysis
8.1.1. Market Revenues
8.2. Market Share & Analysis
8.2.1. By Component
8.2.2. By Installation
8.2.3. By Connection Type
8.2.4. By End User
8.2.5. By Country
8.2.5.1. Japan
8.2.5.2. China
8.2.5.3. South Korea
8.2.5.4. India
8.2.5.5. Others
8.3. Market Attractiveness Index
8.3.1. By Component
8.3.2. By Installation
8.3.3. By Connection Type
8.3.4. By End User
8.3.5. By Country
9. Europe Lighting Controls Market Outlook, 2015-2025F
9.1. Market Size & Analysis
9.1.1. Market Revenues
9.2. Market Share & Analysis
9.2.1. By Component
9.2.2. By Installation
9.2.3. By Connection Type
9.2.4. By End User
9.2.5. By Country
9.2.5.1. United Kingdom
9.2.5.2. Germany
9.2.5.3. France
9.2.5.4. Italy
9.2.5.5. Spain
9.2.5.6. Others
9.3. Market Attractiveness Index
9.3.1. By Component
9.3.2. By Installation
9.3.3. By Connection Type
9.3.4. By End User
9.3.5. By Country
10. Global Lighting Controls Market- Distribution Channel Analysis
11. Global Lighting Controls Market Policies, Regulations, Product Standards
12. Global Lighting Controls Market Trends & Insights
13. Global Lighting Controls Market Dynamics
13.1.Growth Drivers
13.2.Challenges
13.3.Impact Analysis
14. Global Lighting Controls Market Hotspot & Opportunities
15. Global Lighting Controls Market Key Strategic Imperatives for Success & Growth
16. Competition Outlook (Which ever factor Applicable)
16.1. Competition Matrix
16.1.1. Product Portfolio
16.1.2. Brand Specialization
16.1.3. Target Markets
16.1.4. Target End Users
16.1.5. Research & Development
16.1.6. Strategic Alliances
16.1.7. Strategic Initiatives
16.2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
16.2.1. Lutron
16.2.2. Acuity Brands
16.2.3. Legrand/Wattstopper
16.2.4. Hubbell Inc.
16.2.5. Schneider Electric
16.2.6. Eaton
16.2.7. ABB
16.2.8. Crestron
16.2.9. Honeywell
16.2.10. Signify
17. Disclaimer
