The global intelligent lighting controls market reached a value of US$ 9.34 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 24.76 Billion by 2027, exhibiting a CAGR of 16.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Intelligent lighting controls comprise multiple lighting fixtures, movable illumination sensors, and power meters connected to a network for providing automatic control of lighting as per the requirement of the user. They help reduce electricity wastage by turning off the lights when an area is unoccupied. They offer increased visual comfort by considering the natural light and reducing the need for artificial illumination. Consequently, intelligent lighting controls are employed in the residential, commercial, and industrial sectors across the globe.
Intelligent Lighting Controls Market Trends:
The increasing adoption of cost-effective and energy-efficient lighting solutions represents one of the key factors positively influencing the market. Moreover, conventional lighting controls have several drawbacks, such as manual on/off switching, poor control performance, and a considerable time delay when used separately. However, intelligent lighting controls integrate light-emitting diodes (LEDs) and information and communications technologies (ICTs), such as wireless networks and sensors, to create efficient and healthy illumination. Besides this, lights can be programmed to simulate occupancy in a building, which can help deter intruders. Sensors can also produce a visual alarm by illuminating areas with movement. Apart from this, there is an increase in the use of LED streetlights as they help reduce operations and maintenance (O&M) costs through immediate identification of streetlight failures. They also offer significant environmental benefits due to lower energy usage and reduced carbon emissions from truck rolls. This, coupled with the gradual substitution of traditional lamps with LED lamps, is offering lucrative growth opportunities to market players. Other factors, including rising technological advancements and the increasing number of smart city projects around the world, are projected to strengthen the growth of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global intelligent lighting controls market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, connectivity type and application.

Breakup by Type:
Sensors
Ballasts and LED Drivers
Microcontrollers
Dimmers and Switch Actuators
Transmitters and Receivers
Others

Breakup by Connectivity Type:

Wired
Wireless

Breakup by Application:

Commercial Buildings
Residential Buildings
Public Utilities

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Acuity Brands Inc., ams-OSRAM AG, Control4 Corporation (Snap One LLC), Enlighted Inc., General Electric Company, Honeywell International Inc., Hubbell Incorporated, Leviton Manufacturing Co. Inc., Lutron Electronics Co. Inc., Panasonic Corporation, Schneider Electric SE and Signify Holding B.V.

Key questions answered in this report:
How has the global intelligent lighting controls market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global intelligent lighting controls market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the connectivity type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global intelligent lighting controls market and who are the key players?
What is the degree of competition in the industry?