Intelligent Lighting Control Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Components (Switches And Sensors, Ballasts, Power Controllers, Transmitters & Receivers), By Connectivity (Wired, Wireless, Hybrid), By End-User (Commercial Building, Residential Building, Public Utilities), And By Geography - Forecasts From 2021 To 2026

Published:  Aug 2021 Report Code: KSI061610356 Pages: 114

The global intelligent lighting control market is expected to grow at a compound annual growth rate of 15.42% over the forecast period to reach a market size of US$14.047 billion in 2026, from US$5.148 billion in 2019. 

The intelligent lighting control system is a network-based lighting control solution that incorporates communication between various system inputs and outputs related to lighting control with the use of computing devices. It allows the user to control the intensity of light, its color, and pattern thereby improving the user experience along with maximizing energy saving. Reduction in energy consumption due to growing concern about energy management is the key driver of the intelligent lighting controls market. Increasing demand for smart homes, falling prices of LEDs, and favorable government policies for the use of the energy-efficient system are further fuelling the demand for intelligent lighting controls market. Expansion of lighting control systems by established building controls companies will propel market growth in the coming years.

Rising development of smart cities.

The market is expected to surge in the coming years, due to the increase in the investment and development of smart cities, worldwide. Regions such as North America, Europe, and the Asia Pacific are expected to play a major role in the market growth. China had around 800 smart city pilot programs in planning or under development. According to the USCC, the Chinese smart cities solutions market was around US$1.1 trillion in the year 2019. The United States is also expected to play a major role in the market growth. The city of San Jose and Intel had been collaborating on a public-private partnership program and project to implement Intel's Smart City Demonstration Platform. In India, the Indian Government had launched the smart city project in the year 2015. Currently, according to the Ministry of Housing Affairs, there are around 5,151 proposed smart city projects with proposed investments of around INR 2,05,018 crores. Tvilight, one of the major players in the market, provides intelligent and smart lighting solutions and services. The company has over 800 projects in more than 20 countries, worldwide.

Rising electricity consumption.

The market is expected to surge in the coming years, due to the rise in electricity production and consumption, worldwide. The International Energy Agency had stated that under the New Policies Scenario, the yearly electricity demand would increase by around 2% until the year 2040. The overall electricity consumption would surge from 25,679 billion kWh to around 40,443 billion kWh, worldwide. Most of the electricity is produced from thermal power plants, worldwide. Dramatic reductions in electricity and energy use would require the development of intelligent building technologies. An intelligent light-emitting diode lighting control system is expected to surge at an exponential rate in the coming years. The intelligent LEDs leverage and use advanced sensing technologies, metered data, and wireless networks to change how lighting is being used, within a respective facility. Intelligent LED systems could offer energy savings by offering higher quality and better illumination and lighting levels. These trends and developments are expected to play a major role in the market growth, in the coming years.

Latest Developments.

Major companies have been investing a significant sum of capital in the market, in the past few years.

  • For instance, in July 2021, Heliospectra AB, a major player in intelligent lighting technology for controlled plant growth and greenhouse environments, announced a novel reseller partnership with MineARC Systems. The company would represent Heliospectra's leading LED lighting control solutions for controlled agriculture environments in the Australian market. Other players have also been making significant developments in the market, in the past few years.
  • In July 2021, amBX, a producer of innovative and intelligent light control software, and Xicato, the major provider of Bluetooth smart building wireless controls, announced a strategic partnership to put and integrate Xicato's smart and intelligent wireless controls with amBX's smart core lighting control software. These developments are expected to play a major role in the market growth, during the forecast period.

Competitive Analysis.

The increasing investment in the development of smart cities and homes, reducing and saving energy consumption, and other related factors, had opened a plethora of opportunities for the companies working in the market. Teknoware, one of the major players in the market, offers intelligent lighting control systems that include multiple technical features and solutions that automatically regulate various parameters for lighting, like color temperature and intensity of the light. The company's systems had been formed by RGB Control Systems, Light Color Temperature, and Active Dimming system. Honeywell, one of the major players in the market, provides a wireless lighting management system for its customers. The company's system has been IOT based and has wireless LMS. The systems also reduce energy costs and savings, ensure occupants' comfort, and also increase productivity.

Intelligent Lighting Control Market Scope:

Report Metric Details
 Market size value in 2019  US$5.148 billion
 Market size value in 2026  US$14.047 billion
 Growth Rate  CAGR of 15.42% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Billion
 Segments covered  Component, Connectivity, End-User, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Schneider Electric, Honeywell International Inc., General Electric, Philips Lighting   Holdings B.V., OSRAM GmbH, Acuity Brands Lighting Inc., Legrand, Zumtobel Group   AG, Digital Lumens Inc., ESYLUX GmbH
 Customization scope  Free report customization with purchase

 

Segmentation:

  • By Component
    • Switches & Sensors
    • Ballasts
    • Power Controllers
    • Transmitters & Receivers
  • By Connectivity
    • Wired
    • Wireless
    • Hybrid
  • By End-User
    • Commercial Building
    • Residential Building
    • Public Utilities
  • By Geography
    • North America
      • USA
      • Canadá
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Others
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Thailand
      • Taiwan
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the intelligent lighting control market size by 2026?
A1. The global intelligent lighting control market is expected to reach a market size of US$14.047 billion by 2026.


Q2. What are the growth prospects for the intelligent lighting control market?
A2. The intelligent lighting control market is expected to grow at a CAGR of 15.42% over the forecast period.


Q3. What is the size of the global intelligent lighting control market?
A3. Intelligent Lighting Control Market was valued at US$5.148 billion in 2019.


Q4. What factors are anticipated to drive the intelligent lighting control market growth?
A4. Reduction in energy consumption due to growing concern about energy management is the key driver of the intelligent lighting controls market.


Q5. How is the global intelligent lighting control market segmented?
A5. The intelligent lighting control market has been segmented by component, connectivity, end-user, and geography.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation

2. Research Methodology
2.1. Research Data
2.2. Assumptions

3. Executive Summary
3.1. Research Highlights

4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Global Intelligent Lighting Control Market Analysis, By Component 
5.1. Introduction
5.2. Switches & Sensors
5.3. Ballasts
5.4. Power Controllers
5.5. Transmitters & Receivers

6. Global Intelligent Lighting Control Market Analysis, By Connectivity
6.1. Introduction
6.2. Wired
6.3. Wireless
6.4. Hybrid

7. Global Intelligent Lighting Control Market Analysis, By End-User 
7.1. Introduction
7.2. Commercial Building
7.3. Residential Building
7.4. Public Utilities

8. Global Intelligent Lighting Control Market Analysis, By Geography 
8.1.  Introduction
8.2.  North America
8.2.1. United States
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. UK
8.4.2. France
8.4.3. Germany
8.4.4. Italy
8.4.5. Others
8.5. Middle East and Africa
8.5.1. South Africa
8.5.2. Saudi Arabia
8.5.3. UAE
8.5.4. Israel
8.5.5. Others
8.6. Asia Pacific
8.6.1. Japan
8.6.2. China
8.6.3. India
8.6.4. Thailand
8.6.5. Taiwan
8.6.6. Indonesia
8.6.7. Australia
8.6.8. Others

9.  Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2.  Emerging Players and Market Lucrativeness
9.3.  Mergers, Acquisitions, Agreements, and Collaborations
9.4.  Vendor Competitiveness Matrix

10. Company Profiles
10.1. Schneider Electric
10.2. Honeywell International Inc.
10.3. General Electric
10.4. Philips Lighting Holdings B.V.
10.5. OSRAM GmbH
10.6. Acuity Brands Lighting Inc.
10.7. Legrand
10.8. Zumtobel Group AG
10.9. Digital Lumens Inc.
10.10. ESYLUX GmbH

Schneider Electric

Honeywell International Inc.

General Electric

Philips Lighting Holdings B.V.

OSRAM GmbH

Acuity Brands Lighting Inc.

Legrand

Zumtobel Group AG

Digital Lumens Inc.

ESYLUX GmbH

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