Lighting Controls Market size is estimated to be USD 18.61 Billion in 2024 and is expected to reach USD 36.75 Billion by 2033 at a CAGR of 8.09% from 2026 to 2033.
The global lighting controls market was valued at approximately USD 18.2 billion in 2022 and is expected to witness a robust compound annual growth rate (CAGR) of 23.8% from 2023 to 2030. The increasing adoption of energy efficient solutions and growing demand for smart buildings are driving the market growth. North America led the market in 2022, accounting for a significant share due to the rising trend of smart home technology, stringent energy regulations, and advanced infrastructure in commercial and residential sectors. Europe followed closely, with strong government initiatives focusing on sustainable energy and carbon footprint reduction. Asia Pacific is anticipated to experience the highest growth during the forecast period, driven by the rapid urbanization, industrialization, and increasing investments in smart cities, especially in countries like China and India.The Middle East and Africa (MEA) region is also gaining traction in the lighting controls market due to rising infrastructure development and the implementation of green building standards. Latin America, on the other hand, is experiencing gradual growth, owing to increased awareness of energy efficiency and government incentives. In terms of market opportunities, the integration of IoT in lighting control systems offers immense potential for growth, particularly with the expansion of connected technologies and advancements in wireless communication. Furthermore, the growing trend toward sustainable and energy efficient lighting solutions in both residential and commercial sectors provides significant opportunities for manufacturers in the coming years.
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Savant Systems Inc.
Acuity Brands
Schneider Electric
Ideal Industries
Legrand
Universal Douglas Lighting Americas
Inc.
Lutron
Honeywell
Signify
Crestron
Leviton
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lighting Controls Market
Wired Lighting Controls
Wireless Lighting Controls
Hybrid Lighting Controls
Analog Controls
Digital Controls
Smart Controls
IoT-enabled Lighting Controls
Residential
Commercial
Industrial
Outdoor
Healthcare
Private Sector
Public Sector
Institutional Sector
Dimming Controls
Switches & Sensors
Programmable Controls
Centralized Controls
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Lighting Controls Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lighting Controls Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lighting Controls Market, By Type
6. Global Lighting Controls Market, By Application
7. Global Lighting Controls Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Lighting Controls Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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