The Wireless Smart Lighting Control System Market is projected to reach USD 18.83 billion by 2030 from USD 5.18 billion in 2022, at a CAGR of 17.48% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Wireless Smart Lighting Control System Market.
Based on Communication Technology, market is studied across Bluetooth, Enocean, Wifi, Z-Wave, and Zigbee. The Enocean commanded largest market share of 29.93% in 2022, followed by Zigbee.
Based on Offering, market is studied across Hardware, Services, and Software. The Hardware is further studied across Lighting Controls and Lights & Luminaires. The Lighting Controls is further studied across Dimmers, Gateways, LED Drivers & Ballasts, Relay Units, Sensors, and Switches. The Lights & Luminaires is further studied across Fixtures and Smart Bulbs. The Hardware commanded largest market share of 67.66% in 2022, followed by Services.
Based on Installation Type, market is studied across New and Retro Fit. The New commanded largest market share of 83.49% in 2022, followed by Retro Fit.
Based on Application, market is studied across Commercial, Public, and Residential. The Commercial commanded largest market share of 45.71% in 2022, followed by Public.
Based on Deployment, market is studied across Indoor and Outdoor. The Indoor commanded largest market share of 52.78% in 2022, followed by Outdoor.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.13% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Wireless Smart Lighting Control System Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Wireless Smart Lighting Control System Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Wireless Smart Lighting Control System Market, highlighting leading vendors and their innovative profiles. These include Acuity Brands, Inc., ams-OSRAM AG, Cisco Systems, Inc., Cree Lighting, Deako, Inc., Eaton Corporation Plc, General Electric Company, Gewiss S.p.A., Honeywell International Inc., Ideal Industries, Inc., Infineon Technologies AG, Itron, Inc., Koninklijke Philips N.V., Legrand S.A., Lutron Electronics Co., Inc., Murata Manufacturing Co., Ltd., Panasonic Holdings Corporation, Savant Systems, Inc., Schneider Electric SE, Siemens AG, Texas Instruments Incorporated, TVILIGHT Projects B.V., and Venture Lighting International.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast for the Wireless Smart Lighting Control System Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Wireless Smart Lighting Control System Market?
- What is the competitive strategic window for identifying opportunities in the Wireless Smart Lighting Control System Market?
- What are the latest technology trends and regulatory frameworks in the Wireless Smart Lighting Control System Market?
- What is the market share of the leading vendors in the Wireless Smart Lighting Control System Market?
- Which modes and strategic moves are suitable for entering the Wireless Smart Lighting Control System Market?