Lighting Control Components Market Size by Applications, by Type, by End-User, by Deployment & by Technology 2032
Lighting Control Components Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 9.6 Billion by 2030, growing at a CAGR of 8.6% from 2024 to 2030.
Looking ahead to the 2023-2033 period, the demand for lighting control components is expected to continue its upward trajectory. One of the major drivers will be the rapid growth in smart home and commercial applications, where energy efficiency, automation, and user convenience are paramount. According to market projections, there will be a surge in demand for products such as smart dimmers, sensors, and centralized control systems. The commercial sector, particularly office buildings, retail spaces, and industrial applications, will continue to be a major consumer of these products. Additionally, the increasing focus on sustainability will spur further adoption, with government policies and regulations pushing businesses and consumers toward greener alternatives.
Get an In-Depth Research Analysis of the Global Lighting Control Components Market Size And Forecast [2025-2032]
The global lighting control components market has seen considerable shifts between 2018 and 2022, driven by evolving technological advancements, rising demand for energy-efficient solutions, and a growing emphasis on sustainability. The demand for automated lighting systems, which offer features like dimming, scheduling, and integration with smart home ecosystems, has significantly influenced the market during this period. The increasing popularity of smart buildings, IoT-based lighting systems, and energy-saving solutions has also played a crucial role in shaping market trends. For instance, wireless lighting controls, sensor-based systems, and integrated solutions have all gained momentum as part of the move towards greener, more intelligent infrastructures. In parallel, the growing adoption of smart cities initiatives, where lighting control plays a key role in enhancing urban management, contributed to the expansion of the market during this time.
Who are the largest Global manufacturers in the Lighting Control Components industry?
- Acuity Brands
- Inc (US)
- Synergy Lighting Controls (US)
- Daintree Networks
- Inc (US)
- Douglas Lighting Controls (Canada)
- Eaton Corp. (US)
- Fagerhults Belysning AB (Sweden)
- GE Lighting North America (US)
- Hatch Lighting
- Inc (US)
- Howard Industries
- Inc (US)
- Leviton Manufacturing Co.
- Inc (US)
- Lutron Electronics
- Inc (US)
- Osram GmbH (Germany)
- Osram Sylvania
- Inc (US)
- Philips Lighting Electronics (US)
- Robertson Worldwide (US)
- Schneider Electric SA (France)
- Square D Company
- Inc (US)
- Tridonic GmbH & Co KG (A
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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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What are the factors driving the growth of the Global Lighting Control Components Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Lighting Control Components Market
- Corporate
- Outdoor
- Residential
- Retail
- Others
What are the types of Lighting Control Components available in the Market?
Based on Types the Market is categorized into Below types that held the largest Lighting Control Components market share In 2023.
- Lighting-Only Network
- HEM System
- Dimmer
- Others
Which regions are leading the Global Lighting Control Components Market?
- Global (United States, Global 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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Detailed TOC of Global Lighting Control Components Market Research Report, 2024-2032
1. Introduction of the Global Lighting Control Components 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 Control Components Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Lighting Control Components Market, By Type
6. Global Lighting Control Components Market, By Application
7. Global Lighting Control Components Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Lighting Control Components Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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