Smart LED Lighting Market Size, Share & Trends Analysis Report By Product (Wired, Wireless), By Technology (Hybrid, Dali, WiFi, Bluetooth, Zigbee), By Distribution Channel, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global smart LED lighting market size is expected to reach USD 34.18 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 24.6% during the forecast period. High demand for smart home appliances as a result of improved standard of living of working class professionals is expected to drive the market. Furthermore, the governments of various countries including U.S., U.K., Germany, and Spain are encouraging corporate houses and industries to use smart LED lighting as they can save up to 90% of energy.

Wireless product is expected to be the fastest growing segment, at a CAGR of 26.6% from 2019 to 2025. The usage of Internet of Things (IoT) based smart sensors for smart city applications has been increasing as a result of the advancement of wireless communication systems. Furthermore, product innovation in terms of introduction of voice recognized LED lights is expected to open new market avenues in near future.

Hybrid technology is expected to remain the leading segment in near future. The predominant use of smart LED lighting systems with hybrid technology in corporate houses, manufacturing industries, and government organizations on account of their easy availability from various distribution channels is expected to have a strong impact on the market growth. This technology is also very helpful in greenhouse farming for providing adjustable light intensity and heat.

Online channel is projected to remain the key distribution channel over the next few years. Amazon, Flipkart, and AliExpress are some of the e-commerce portals offering a wide range of products. Various value-added services including cash-on-delivery, discounted prices, and coupon benefits offered by e-commerce portals are expected to prompt the buyers to use offline channels as selling medium over the next eight years.

North America is anticipated to register the fastest CAGR of 28.4% from 2019 to 2025. Supportive government policies for energy conservation coupled with increasing per unit electricity cost in U.S. and Canada is expected to promote the product sales in the region over the forecast period.

Further key findings from the report suggest:

• Wired products segment generated a revenue of USD 6.02 billion in 2018

• ZigBee technology is expected to expand at a rapid CAGR of 32.3% from 2019 to 2025

• Europe led the global smart LED lighting market in 2018 with a revenue of USD 2.69 billion

• Some of the key players operating in smart LED lighting market are Cree Inc.; Eaton Corporation; Koninklijke Philips NV; ABB Limited; Wipro Limited; TVILIGHT B.V.; The SSK Group; Digital Lumens, Inc.; Acuity Brands Inc.; Bridgelux, Inc.; and OSRAM Licht Group. Product innovation is expected to remain the key competitive strategy for the industry participants

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                        1.3.1. Purchased Database
                        1.3.2. GVR's Internal Database
                        1.3.3. Secondary Sources & Third-Party Perspectives
                        1.3.4. Primary Research
                    1.4. Information Analysis 
                        1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights
Chapter 3. Smart LED Lighting Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                        3.3.1. Sales/Retail Channel Analysis
                        3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                        3.4.1. Market Driver Analysis
                        3.4.2. Market Restraint Analysis
                        3.4.3. Industry Challenges
                        3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                        3.5.1. Industry Analysis - Porter's
                            3.5.1.1. Supplier Power
                            3.5.1.2. Buyer Power
                            3.5.1.3. Substitution Threat
                            3.5.1.4. Threat from New Entrant 
                            3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Smart LED Lighting Market
                    3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Type Adoption 
                    4.4. Observations & Recommendations
Chapter 5. Smart LED Lighting Market: Product Estimates & Trend Analysis
                    5.1. Product Movement Analysis & Market Share, 2018 & 2025
                    5.2. Wired
                        5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.3. Wireless
                        5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Smart LED Lighting Market: Technology Estimates & Trend Analysis
                    6.1. Technology Movement Analysis & Market Share, 2018 & 2025
                    6.2. Hybrid
                        6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.3. Dali
                        6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.4. WiFi
                        6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.5. Bluetooth
                        6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.6. Zigbee
                        6.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Smart LED Lighting Market: Distribution Channel Estimates & Trend Analysis
                    7.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                    7.2. Online
                        7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    7.3. Offline
                        7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 8. Smart LED Lighting Market: Regional Estimates & Trend Analysis
                    8.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    8.2. North America
                        8.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.2.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                        8.2.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.2.5. U.S.
                            8.2.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.2.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.2.5.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                            8.2.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.3. Europe
                        8.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.3.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                        8.3.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.3.5. U.K.
                            8.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.3.5.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                            8.3.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.3.6. Germany
                            8.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.3.6.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                            8.3.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.4. Asia Pacific
                        8.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.4.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                        8.4.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.4.5. China 
                            8.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.4.5.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                            8.4.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.4.6. India
                            8.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.4.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.4.6.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                            8.4.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.5. Central & South America
                        8.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.5.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                        8.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.5.5. Brazil
                            8.5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.5.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.5.5.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                            8.5.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    8.6. Middle East & Africa (MEA)
                        8.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        8.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        8.6.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                        8.6.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                        8.6.5. South Africa
                            8.6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            8.6.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            8.6.5.3. Market estimates and forecast, by technology, 2015 - 2025 (USD Million)
                            8.6.5.4. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 9. Competitive Analysis
                    9.1. Key global players, recent developments & their impact on the industry
                    9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    9.3. Vendor Landscape
                        9.3.1. Key company market share analysis, 2018
Chapter 10. Company Profiles
                    10.1. Cree Inc.
                        10.1.1. Company Overview
                        10.1.2. Financial Performance
                        10.1.3. Product Benchmarking
                        10.1.4. Strategic Initiatives
                    10.2. Eaton Corporation
                        10.2.1. Company Overview
                        10.2.2. Financial Performance
                        10.2.3. Product Benchmarking
                        10.2.4. Strategic Initiatives
                    10.3. Koninklijke Philips NV
                        10.3.1. Company Overview
                        10.3.2. Financial Performance
                        10.3.3. Product Benchmarking
                        10.3.4. Strategic Initiatives
                    10.4. ABB Limited
                        10.4.1. Company Overview
                        10.4.2. Financial Performance
                        10.4.3. Product Benchmarking
                        10.4.4. Strategic Initiatives
                    10.5. Wipro Limited
                        10.5.1. Company Overview
                        10.5.2. Financial Performance
                        10.5.3. Product Benchmarking
                        10.5.4. Strategic Initiatives
                    10.6. TVILIGHT B.V.
                        10.6.1. Company Overview
                        10.6.2. Financial Performance
                        10.6.3. Product Benchmarking
                        10.6.4. Strategic Initiatives
                    10.7. Digital Lumens, Inc.
                        10.7.1. Company Overview
                        10.7.2. Financial Performance
                        10.7.3. Product Benchmarking
                        10.7.4. Strategic Initiatives
                    10.8. Acuity Brands Inc.
                        10.8.1. Company Overview
                        10.8.2. Financial Performance
                        10.8.3. Product Benchmarking
                        10.8.4. Strategic Initiatives
                    10.9. Bridgelux, Inc.
                        10.9.1. Company Overview
                        10.9.2. Financial Performance
                        10.9.3. Product Benchmarking
                        10.9.4. Strategic Initiatives
                    10.10. OSRAM Licht Group
                        10.10.1. Company Overview
                        10.10.2. Financial Performance
                        10.10.3. Product Benchmarking
                        10.10.4. Strategic Initiatives

List of Tables

1. Smart LED Lighting - Key market driver analysis
2. Smart LED Lighting - Key market restraint analysis
3. Global market estimates and forecast for wired product , 2015 - 2025 (USD Million)
4. Global market estimates and forecast for wireless product, 2015 - 2025 (USD Million)
5. Global smart LED lighting market estimates and forecast through hybrid, 2015 - 2025 (USD Million)
6. Global smart LED lighting market estimates and forecast through dali, 2015 - 2025 (USD Million)
7. Global smart LED lighting market estimates and forecast through WiFi, 2015 - 2025 (USD Million)
8. Global smart LED lighting market estimates and forecast through bluetooth, 2015 - 2025 (USD Million)
9. Global smart LED lighting market estimates and forecast through zigbee, 2015 - 2025 (USD Million)
10. Global smart LED lighting market estimates and forecast for online distribution channel, 2015 - 2025 (USD Million)
11. Global smart LED lighting market estimates and forecast for offline distribution channel, 2015 - 2025 (USD Million)
12. North America smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
13. North America smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
14. North America smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million)
15. North America smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
16. U.S. smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
17. U.S. smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
18. U.S. smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
19. U.S. smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
20. Europe smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
21. Europe smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
22. Europe smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
23. Europe smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
24. U.K. smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
25. U.K. smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
26. U.K. smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
27. U.K. smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
28. Germany smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
29. Germany smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
30. Germany smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
31. Germany smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
32. Asia Pacific smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
33. Asia Pacific smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
34. Asia Pacific smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
35. Asia Pacific smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
36. China smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
37. China smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
38. China smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
39. China smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
40. India smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
41. India smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
42. India smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
43. India smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
44. Central & South America smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
45. Central & South America smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
46. Central & South America smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
47. Central & South America smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
48. Brazil smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
49. Brazil smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
50. Brazil smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
51. Brazil smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
52. Middle East and Africa smart LED lighting market estimates and forecast, 2015- 2025 (USD Million)
53. Middle East and Africa smart LED lighting market revenue estimates and forecast by product, 2015- 2025 (USD Million)
54. Middle East and Africa smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
55. Middle East and Africa smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
56. South Africa smart LED lighting market estimates and forecast, 2015 - 2025 (USD Million)
57. South Africa smart LED lighting market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
58. South Africa smart LED lighting market revenue estimates and forecast by technology, 2015 - 2025 (USD Million) 
59. South Africa smart LED lighting market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
60. Vendor landscape

List of Figures

1. Smart LED Lighting Market snapshot 
2. Smart LED Lighting Market segmentation & scope
3. Smart LED Lighting Market penetration & growth prospect mapping
4. Smart LED Lighting value chain analysis
5. Smart LED Lighting Market dynamics
6. Smart LED Lighting Market Porter's analysis 
7. Smart LED Lighting Market: Product movement analysis 
8. Smart LED Lighting Market: Technology movement analysis
9. Smart LED Lighting Market: Distribution Channel movement analysis 
10. Smart LED Lighting Market: Regional movement analysis