Smart Lighting Industry
                     Smart Lighting Industry worth USD 17.38 billion by 2030 
The report "Smart Lighting Industry by Lights and Luminaire, Lighting Controls, LED Drivers 
and Ballasts, Sensors, Switches, Gateways, Dimmers, Relay Units, DALI, Power over Ethernet 
(PoE), Power Line Communications (PLC) and Zigbee - Global Forecast to 2030" The global 
smart lighting market was estimated to be valued at USD 9.86 billion in 2025 and is projected to 
reach USD 17.38 billion by 2030; it is expected to register a CAGR of 12.0% during the forecast 
period. Rising smart city initiatives across the globe, advancements in AI and edge computing, 
establishment of standard and digital protocols by authorized bodies, growing demand for IoT-
integrated smart lighting, rising adoption of LED lights and luminaires in outdoor applications, 
and increasing penetration of data analytics in smart lighting are the major factors driving the 
overall market growth. 
By end-use application, the indoor application segment to account for the largest market 
share in 2030 
One of the key driving factors for indoor applications in the smart lighting market is the 
increased emphasis on convenience, energy conservation, and ambiance control in corporate 
offices, retail stores, and homes. In residential applications, homeowners are drawn to the ease 
of voice control, automation, and customization offered by smart lighting in domestic 
environments. Moreover, in the commercial sector, intelligent lighting that responds to various 
activities and increases well-being and efficiency is becoming increasingly popular due to 
increased usage of time spent at offices and shopping complexes. Smart lighting solutions are 
being adopted by businesses at an increasing rate to minimize energy costs, meet sustainability 
goals, and create aesthetically pleasing, properly lit environments for employees and 
consumers. 
By offering, the services segment is expected to exhibit the highest CAGR between 2025 and 
2030 
The services segment is estimated to expand with the fastest CAGR in the smart lighting market 
owing to the growing demand for smooth integration, customization, and maintenance of 
intelligent lighting. As consumers shift from traditional lighting to smart lighting, the need for 
specialized support to install, optimize, and manage such systems to ensure top performance 
and energy efficiency increases. Moreover, with the fast-paced growth of IoT and cloud-based 
lighting control, software updates, remote monitoring, and predictive maintenance services 
have seen an increased demand. Enterprises are also increasingly adopting lighting-as-a-service 
(LaaS) models, which minimize initial costs and provide continuous support and upgrades. 
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Americas to hold the second-largest share in the market from 2025 to 2030 
With the extensive adoption of smart lighting in smart homes, commercial buildings, and 
industrial buildings, the Americas are expected to hold the second-largest market share of 
smart lighting. Support from government policies, the well-established infrastructure, and the 
high awareness level among consumers drive the market growth. Demand is fueled in North 
America, especially in the US and Canada, by strict energy regulations, LED upgrade rebates, 
and growth in smart city installations. For occupant comfort and energy efficiency, the 
commercial sector, including office buildings, retail stores, and healthcare facilities, is rapidly 
adopting smart lighting solutions. Further, residential adoption has been supported by growth 
in IoT ecosystems and interoperability with voice-controlled devices such as Google Assistant 
and Amazon Alexa. 
Key Players- 
The key companies offering smart lighting solutions include Signify Holding (Netherlands), 
Acuity Brands, Inc. (US), Legrand (France), ams-OSRAM AG (Austria), Panasonic Holdings 
Corporation (Japan), Zumtobel Group (Austria), and LEDVANCE GmbH (Germany) among 
others.