Smart lighting is lighting that users can control from an app, usually on their Apple or Android phones. The app enables users to change the brightness of the bulbs, and if the bulbs have colored LEDs user can change their colors too. It allows users to control light wirelessly with their phone, tablet, or smart assistants, such as Google Assistant or Amazon Alexa. For example; Smart LED bulbs contain software that connects to an app, smart home assistant, or another smart accessory so users can automate their lights or control them remotely, eliminating the need for traditional wall switches. Smart lighting solutions using networked technology represent an interesting opportunity for cities such as; a huge reduction of energy and maintenance costs, increased public safety from improved lighting, safer traffic due to increased visibility of hazards, and measurable environmental impact due to reduced energy consumption. All these advantages of smart lighting increase the demand for smart lighting solutions.
Global Smart Lighting Market is valued at USD 10,724.0 Million in 2021 and it is expected to reach USD 34,050.15 Million by 2028, with a CAGR of 17.9% during the forecast period.
Global smart lighting market report is segmented on the basis of lighting type, component, application, and region & country level. Based upon lighting type, the global smart lighting market is divided into led lamps, high-intensity discharge lamps, fluorescent lamps, and others. Based upon components, the global smart lighting market is classified into relays, sensors, controllable breakers, dimmer actuators, switch actuators, and others. Based on application, the smart lighting market is classified into residential, commercial & industrial, public & government constructions, and others.
Headquarters: 128 Ave du Marechal de Lattre de Tassigny, Limoges, Nouvelle-Aquitaine, 87045, France
Revenue: $7 Billion
Legrand is the global specialist in electrical and digital infrastructures, offering high-value-added products and solutions for commercial, residential, and industrial buildings. Every day Legrand works hard to enhance electrical and digital building infrastructures and help develop connected buildings around the world.
Its technological expertise, its leading positions, the scope of its offering, its international presence, and the power of its brands combine to make Legrand a global benchmark.
Headquarters: Marcel-Breuer-Straße 6, Munich, Bavaria, 80807, Germany
Revenue: $4 Billion
OSRAM presents ENCELIUM, a light management system using a wireless mesh network based on the ZigBee standard and DALI (digital addressable lighting interface) for entire building lighting control. It allows for energy savings in a highly versatile and convenient way. Thanks to the scalability of the system architecture, it works with any building size and is easy to integrate into existing building management systems.
The ENCELIUM system has already proven its value: it has been impressing customers around the world for the last decades and has demonstrated excellent reliability both when retrofitted and when used in new construction projects – from single floors starting at approx. 1,000 square meters to complete buildings with over 4 million square meters.
Revenue: $1 Billion
Acuity Brands, Inc. is the North American market leader and one of the world’s leading providers of lighting and building management solutions.
The Company’s lighting and building management solutions vary from individual devices to intelligent network systems. Individual devices include luminaires, lighting controls, lighting components, controllers for various building systems (including HVAC, lighting, shades, and access control), power supplies, and prismatic skylights.
Headquarters: 3300 Route 9W, Highland, New York, 12528, United States
Revenue: $1 Billion
Zumtobel, a leading international supplier of integral lighting solutions, enables people to experience the interplay of light and architecture. As a leader in innovation, Zumtobel provides a comprehensive range of high-quality LED luminaires and lighting management systems for professional interior lighting in the areas of offices, education, presentation & retail, hotel & wellness, health, and art & culture as well as industry.
For over 60 years, the Zumtobel brand has been synonymous with innovation, unique product and service quality as well as superior design and sustainability. Zumtobel reconciles lighting quality and energy efficiency and develops customized lighting solutions that provide measurable added value.
Headquarters: 7200 Suter Road, Coopersburg, Pennsylvania, 18036, United States.
Revenue: $684 Million
Lutron Electronics Co., Inc., is a leading manufacturer of energy-saving light, shade, and temperature controls for new and existing homes and offices. Lutron is a technology-focused, people-centric company. As a privately held company guided by our founder's five simple yet profound principles, Lutron has a long history of remarkable growth and intelligent innovation.