Lighting Control Systems Market By Component (Hardware, Software), By Connectivity Type (Wired, Wireless), By End-user (Residential, Commercial, Industrial, Public & Government Buildings, Highways & Roadways, Transportation & Automotive, Architectural Lightings) - Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026
Overview:
The global lighting control systems market was valued at US$ 14.5 Bn in 2017 and likely to witness a substantial growth, expanding at a CAGR of 14.2% during the forecast period from 2018 to 2026. The growth of this market is mainly credited to the increasing awareness about energy conservation worldwide. Efficient lighting is undervalued as a tool to achieve substantial energy savings. Reducing energy consumption is the key factor in attaining energy sustainability objectives. As a result, controlling light is now one of the utmost needs for minimizing energy costs. When planning an energy efficient lighting installations, lighting control systems play a vital role and can help minimize energy consumption by up to 80%. Reducing or eliminating the use of electric light that is not required can save up to 30% of lighting energy costs and over 10% of total building energy costs.
Lighting control systems not only enables the lighting to be adjusted to suit the visual requirements but also allows it to shape and interpret the architecture. These systems assists in controlling lights through dimmers, sensors and timers and help adjust the power consumption in a room to its usage, while optimizing the economic efficiency of a lighting system. It has an ability to regulate the quality and level of light in a given space for precise situations or tasks. Controlling light appropriately not only enhances the experience, but also helps saving energy by using light where and when needed the most.
Rising demand for smart and better lighting infrastructure is another factor contributing towards the market growth. Smart lighting infrastructure provides assistance in sensing movement and number of people in the immediate vicinity, and then adjusts lights accordingly. Thus, development of smart lighting infrastructures likely to enhance further the growth of lighting control systems market.
"Hardware Garnered the Largest Revenue in 2017"
Based on component, the hardware segment garnered largest revenue in the global lighting control systems market in 2017. Due to their widespread use in the lighting control systems, hardware segment expected to grow at a noteworthy rate during the forecast period from 2018 to 2026. Hardware components in the lighting control systems include dimmers, sensors, and timers. Integration of these into a lighting control system allows greater energy management, which in turn gives them the ability of controlling individual lights or group of lights from a single device. This allows creating custom lighting scenes for different activities in a particular room or area. On the other hand, the software segment projected to witness fastest growth in the coming years owing to the rising demand for smart lighting control systems. Smart lighting solutions are accessible away from home and are controlled by smart phones, tablets, or any other smart devices.
"Wired Connectivity Type held the Largest Share of the Market in 2017"
In 2017, wired connectivity type accounted for majority share in the global lighting control systems market. Wired technology is more useful in new installations than retrofitting the existing lighting settings, where providing an overlay control system utilizing a wired infrastructure can be cumbersome and expensive. Although lighting control systems have been proven to reduce the consumption of lighting energy, commercial and industrial settings have been hesitant to install them due to the complexity, applicability and cost associated with wired lighting control technology. Wired technology require higher maintenance costs and larger initial investment. On the other hand, wireless technologies are eliminating these concerns while expanding the capabilities of lighting control systems. As a result, wireless connectivity type expected to provide superior growth prospects and projected to emerge as the fastest growing segment in the market during the forecast period from 2018 to 2026.
"Commercial to Remain Dominant during the Forecast Period from 2018 to 2026"
In 2017, the global lighting control systems market, based on end-user was led by the commercial segment and expected to remain dominant in the market during the forecast period from 2018 to 2026. In commercial buildings, lighting accounts for up to 20% of the total building’s electricity use. The efficient control of lighting across all areas is a vital tool in reducing wastage of energy. Lighting control systems used in commercial settings benefits occupants and building owners in controlling the light levels and help save energy by automatically switching off the lights when no one is present. It provides a safe environment while delivering many aspects of wellbeing to the occupants. Lighting control systems have proven to reduce consumption of lighting energy in commercial buildings by 70% as it helps in reducing costs and conserve energy by dimming or turning off lights when they are not in use.
"Asia Pacific to Continue its Supremacy during the Forecast Period from 2018 to 2026"
The lighting control system market, based on geography was led by Asia Pacific region in 2017. It is considered as high growth market and projected to continue its supremacy during the forecast period from 2018 to 2026. Growing inclination towards smart lighting systems coupled with increasing government spending on the development of smart cities likely to augment the growth of lighting control system market in the region. Moreover, in order to impart better standards of living, governments in countries like China and India are incessantly focusing on developing smart city projects by incorporating change in the existing infrastructure and replacing conventional incandescent bulbs with connected lighting fixtures and controllers. The advent of smart cities has led to the upsurge in demand of lighting control systems and it is projected that owing to the smart city initiatives, the lighting control system market is likely to grow at a rapid pace in the years to come.
Competitive Insights
Major players in the lighting control systems market include Acuity Brands Lighting Inc., Cree, Inc., Eaton Corporation Plc, GE Lighting, LLC, Honeywell International Inc., Hubbell Incorporated, Legrand Electric Ltd, Leviton Manufacturing Co., Inc., Lutron Electronics, Inc., OSRAM Licht AG, Philips Lighting Holding B.V., and Schneider Electric SE among others.
The prominent players present in the market are shifting their focus strengthening their product portfolio and are emphasizing on research and development of lighting control systems to obtain an upper hand and to stay ahead in the competition. The players are mainly focusing on implementing strategies to cater the needs of their customers in the emerging markets.
For instance, in September 2017, Acuity Brands Lighting, Inc. entered into a partnership and has chosen Silver Spring Networks, Inc. as its technology and channel partner, which provides a new street lighting network solution. Under this partnership, Acuity Brands has developed DTL-DSN intelligent photocontrol, which functions on a wireless network platform that is managed by Silver Spring Networks. Together, Silver Spring Networks multi-application platform and Acuity Brands’ DTL DSL intelligent photocontrol provides a smart lighting control and networking to large-scale lighting operators.
Historical & Forecast Period
The research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2018 to 2026.
Key questions answered in this report
- What was the market size of lighting control system in 2017 and forecast up to 2026?
- What are the key factors driving the global lighting control system market?
- What are the key market trends and high-growth opportunities observed in the lighting control system market?
- What are the drivers of the lighting control system market?
- What are the challenges deterring the growth of lighting control system market?
- Which is the largest regional market for lighting control system market?
- Which segment will grow at a faster pace? Why?
- Which region will drive the market growth? Why?
- Which players are leading the lighting control system market?
- What are the sustainability strategies adopted by the key players operating in the market?
Unique data points of this report
- Lighting control system trends across different geographies and sub-geographies
- Adoption rate of lighting control system across several Applications
- Comprehensive mapping of the competitive landscape and the market participants’ behavior
- Current and future scenario of lighting control system across the globe
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Approach Adopted
1.3.4. Top-Down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III – Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global LCS Market
2.2. Global LCS Market, by Component, 2017 (US$ Bn)
2.3. Global LCS Market, by Connectivity Type, 2017 (US$ Bn)
2.4. Global LCS Market, by End-user, 2017 (US$ Bn)
2.5. Global LCS Market, by Geography, 2017 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global LCS Market Value, 2016 – 2026, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. See-Saw Analysis
3.3.1. Impact Analysis of Drivers and Restraints
3.4. Attractive Investment Proposition, by Geography, 2017
3.5. Market Positioning of Key Players, 2017
3.5.1. Major Strategies Adopted by the Key Players
4. Global Lighting Control Systems (LCS) Market, by Component , 2016 – 2026 (US$ Bn)
4.1. Overview
4.2. Hardware
4.3. Software
5. Global Lighting Control Systems (LCS) Market, by Connectivity Type , 2016 – 2026 (US$ Bn)
5.1. Overview
5.2. Wired
5.3. Wireless
6. Global Lighting Control Systems (LCS) Market, by End-user , 2016 – 2026 (US$ Bn)
6.1. Overview
6.2. Residential
6.3. Commercial
6.4. Industrial
6.5. Public & Government Buildings
6.6. Highways & Roadways
6.7. Transportation & Automotive
6.8. Architectural Lightings
7. North America Lighting Control Systems (LCS) Market Analysis, 2016 – 2026 (US$ Bn)
7.1. Overview
7.1.1. North America LCS Market Value and Growth, 2016 – 2026, (US$ Bn)
7.2. North America LCS Market Value, By Component, 2016 – 2026 (US$ Bn)
7.2.1. Market Analysis
7.3. North America LCS Market Value, By Connectivity Type, 2016 – 2026 (US$ Bn)
7.3.1. Market Analysis
7.4. North America LCS Market Value, By End-user, 2016 – 2026 (US$ Bn)
7.4.1. Market Analysis
7.5. North America LCS Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America
8. Europe Lighting Control Systems (LCS) Market Analysis, 2016 – 2026 (US$ Bn)
8.1. Overview
8.1.1. Europe LCS Market Value and Growth, 2016 – 2026, (US$ Bn)
8.2. Europe LCS Market Value, By Component, 2016 – 2026 (US$ Bn)
8.2.1. Market Analysis
8.3. Europe LCS Market Value, By Connectivity Type, 2016 – 2026 (US$ Bn)
8.3.1. Market Analysis
8.4. Europe LCS Market Value, By End-user, 2016 – 2026 (US$ Bn)
8.4.1. Market Analysis
8.5. Europe LCS Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe
9. Asia Pacific Lighting Control Systems (LCS) Market Analysis, 2016 – 2026 (US$ Bn)
9.1. Overview
9.1.1. Asia Pacific LCS Market Value and Growth, 2016 – 2026, (US$ Bn)
9.2. Asia Pacific LCS Market Value, By Component, 2016 – 2026 (US$ Bn)
9.2.1. Market Analysis
9.3. Asia Pacific LCS Market Value, By Connectivity Type, 2016 – 2026 (US$ Bn)
9.3.1. Market Analysis
9.4. Asia Pacific LCS Market Value, By End-user, 2016 – 2026 (US$ Bn)
9.4.1. Market Analysis
9.5. Asia Pacific LCS Market Value, By Region/Country, 2016 – 2026 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific
10. Rest of the World Lighting Control Systems (LCS) Market Analysis, 2016 – 2026 (US$ Bn)
10.1. Overview
10.1.1. Rest of the World LCS Market Value and Growth, 2016 – 2026, (US$ Bn)
10.2. Rest of the World LCS Market Value, By Component, 2016 – 2026 (US$ Bn)
10.2.1. Market Analysis
10.3. Rest of the World LCS Market Value, By Connectivity Type, 2016 – 2026 (US$ Bn)
10.3.1. Market Analysis
10.4. Rest of the World LCS Market Value, By End-user, 2016 – 2026 (US$ Bn)
10.4.1. Market Analysis
10.5. Rest of the World LCS Market Value, By Region, 2016 – 2026 (US$ Bn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America
11. Company Profiles
11.1. Acuity Brands Lighting Inc.
11.2. Cree, Inc.
11.3. Eaton Corporation Plc
11.4. GE Lighting, LLC
11.5. Honeywell International Inc.
11.6. Hubbell Incorporated
11.7. Legrand Electric Ltd.
11.8. Leviton Manufacturing Co., Inc.
11.9. Lutron Electronics, Inc.
11.10. OSRAM Licht AG
11.11. Philips Lighting Holding B.V.
11.12. Schneider Electric SE
* LCS - Lighting Control Systems
TABLE 1 Market Snapshot: Global Lighting Control Systems (LCS) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global LCS Market, by Component, 2016 – 2026 (US$ Bn)
TABLE 5 Global LCS Market, by Connectivity Type, 2016 – 2026 (US$ Bn)
TABLE 6 Global LCS Market, by End-user, 2016 – 2026 (US$ Bn)
TABLE 7 North America LCS Market Value, by Component, 2016 – 2026 (US$ Bn)
TABLE 8 North America LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 9 North America LCS Market Value, by End-user, 2016 – 2026 (US$ Bn)
TABLE 10 North America LCS Market Value, by Region/Country, 2016 - 2026 (US$ Bn)
TABLE 11 U.S. LCS Market Value, by Component, 2016 – 2026 (US$ Bn)
TABLE 12 U.S. LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 13 U.S. LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 14 Rest of North America LCS Market Value, by Component, 2016 – 2026 (US$ Bn)
TABLE 15 Rest of North America LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 16 Rest of North America LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 17 Europe LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 18 Europe LCS Market Value, by Connectivity Type, 2016 – 2026 (US$ Bn)
TABLE 19 Europe LCS Market Value, by End-user, 2016 – 2026 (US$ Bn)
TABLE 20 Europe LCS Market Value, by Region/Country, 2016 - 2026 (US$ Bn)
TABLE 21 U.K. LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 22 U.K. LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 23 U.K. LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 24 France LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 25 France LCS Market Value, by Connectivity Type, 2016 – 2026 (US$ Bn)
TABLE 26 France LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 27 Germany LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 28 Germany LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 29 Germany LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 30 Rest of Europe LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 31 Rest of Europe LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 32 Rest of Europe LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 33 Asia Pacific LCS Market Value, by Component, 2016 – 2026 (US$ Bn)
TABLE 34 Asia Pacific America LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 35 Asia Pacific LCS Market Value, by End-user, 2016 – 2026 (US$ Bn)
TABLE 36 Asia Pacific LCS Market Value, by Region/Country, 2016 - 2026 (US$ Bn)
TABLE 37 Japan LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 38 Japan LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 39 Japan LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 40 China LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 41 China LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 42 China LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 43 India LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 44 India LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 45 India LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 46 Rest of Asia Pacific LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 47 Rest of Asia Pacific LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 48 Rest of Asia Pacific LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 49 Rest of the World LCS Market Value, by Component, 2016 – 2026 (US$ Bn)
TABLE 50 Rest of the World LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 51 Rest of the World LCS Market Value, by End-user, 2016 – 2026 (US$ Bn)
TABLE 52 Rest of the World LCS Market Value, by Region, 2016 - 2026 (US$ Bn)
TABLE 53 Middle East & Africa LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 54 Middle East & Africa LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 55 Middle East & Africa LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 56 Latin America LCS Market Value, by Component, 2016 - 2026 (US$ Bn)
TABLE 57 Latin America LCS Market Value, by Connectivity Type, 2016 - 2026 (US$ Bn)
TABLE 58 Latin America LCS Market Value, by End-user, 2016 - 2026 (US$ Bn)
TABLE 59 Acuity Brands Lighting Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 60 Cree, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 61 Eaton Corporation Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 62 GE Lighting, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 63 Honeywell International Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 64 Hubbell Incorporated: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 65 Legrand Electric Ltd: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 66 Leviton Manufacturing Co., Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 67 Lutron Electronics, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 68 OSRAM Licht AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 69 Philips Lighting Holding B.V.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 70 Schneider Electric SE: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
FIG. 1 Global Lighting Control Systems (LCS) Market: Research Methodology
FIG. 2 Market Size Estimation – Top-Down and Bottom Up Approach
FIG. 3 Global LCS Market Segmentation
FIG. 4 Global LCS Market, by Component, 2017 (US$ Bn)
FIG. 5 Global LCS Market, by Connectivity Type, 2017 (US$ Bn)
FIG. 6 Global LCS Market, by End-user, 2017 (US$ Bn)
FIG. 7 Global LCS Market, by Geography, 2017 (US$ Bn)
FIG. 8 Global LCS Market Value, 2016 - 2026, (US$ Bn) and (Y-o-Y%)
FIG. 9 See-Saw Analysis: Global LCS Market
FIG. 10 Attractive Investment Proposition, by Geography, 2017
FIG. 11 Global Market Positioning of Key Lighting Control Systems Manufacturers, 2017
FIG. 12 Global LCS Market Value Share, by Component, 2017 & 2026 (Value %)
FIG. 13 Global LCS Market for Hardware, 2016 – 2026, (US$ Bn)
FIG. 14 Global LCS Market for Software, 2016 – 2026, (US$ Bn)
FIG. 15 Global LCS Market Value Share, by Connectivity Type, 2017 & 2026 (Value %)
FIG. 16 Global Wired LCS Market, 2016 – 2026, (US$ Bn)
FIG. 17 Global Wireless LCS Market, 2016 – 2026, (US$ Bn)
FIG. 18 Global LCS Market Value Share, by End-user, 2017 & 2026 (Value %)
FIG. 19 Global LCS Market Value for Residential, 2016 – 2026 (US$ Bn)
FIG. 20 Global LCS Market Value for Commercial, 2016 – 2026 (US$ Bn)
FIG. 21 Global LCS Market Value for Industrial, 2016 – 2026 (US$ Bn)
FIG. 22 Global LCS Market Value for Public & Government Buildings, 2016 – 2026 (US$ Bn)
FIG. 23 Global LCS Market Value for Highways & Roadways, 2016 – 2026 (US$ Bn)
FIG. 24 Global LCS Market Value for Transportation & Automotive, 2016 – 2026 (US$ Bn)
FIG. 25 Global LCS Market Value for Architectural Lightings, 2016 – 2026 (US$ Bn)
FIG. 26 North America LCS Market Value, 2016 – 2026, (US$ Bn)
FIG. 27 U.S. LCS Market Value, 2016-2026, (US$ Bn)
FIG. 28 Rest of North America LCS Market Value, 2016-2026, (US$ Bn)
FIG. 29 Europe LCS Market Value, 2016 – 2026, (US$ Bn)
FIG. 30 U.K. LCS Market Value, 2016-2026, (US$ Bn)
FIG. 31 Germany LCS Market Value, 2016-2026, (US$ Bn)
FIG. 32 France LCS Market Value, 2016-2026, (US$ Bn)
FIG. 33 Rest of Europe LCS Market Value, 2016-2026, (US$ Bn)
FIG. 34 Asia Pacific LCS Market Value, 2016 – 2026, (US$ Bn)
FIG. 35 China LCS Market Value, 2016-2026, (US$ Bn)
FIG. 36 Japan LCS Market Value, 2016-2026, (US$ Bn)
FIG. 37 India LCS Market Value, 2016-2026, (US$ Bn)
FIG. 38 Rest of Asia Pacific LCS Market Value, 2016-2026, (US$ Bn)
FIG. 39 RoW LCS Market Value, 2016 – 2026, (US$ Bn)
FIG. 40 Middle East & Africa (MEA) LCS Market Value, 2016-2026, (US$ Bn)
FIG. 41 Latin America LCS Market Value, 2016-2026, (US$ Bn)
Choose License
Contact Information
: sales@briskinsights.com
: +448081890034 (UK)