Global Smart Lighting Market

Smart Lighting Market Size, Share, Growth Analysis, By Component (Hardware, Software, Services), By Connectivity (Wired, Wireless), By Application (Indoor, Outdoor), By Region -Industry Forecast 2026-2033

Report ID: SQMIG45K2060 | Region: Global | Published Date: June, 2025
Pages: 195 |Tables: 88 |Figures: 71

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  • Schineder Electric
  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt
  • Schineder Electric
  • KSIA - Korea Semiconductor Industry Association
  • Hitachi Astemo Limited
  • Samsung Electronics
  • Halvo holdings
  • NTT corporation
  • AGC Inc
  • Siemens AG
  • Unilever
  • Merck Pharmaceuticals
  • Atlas Copco
  • Hologic - Medical Technology company
  • Novartis
  • Henkel
  • Reckitt

    • FAQs

    Global Smart Lighting Market size was valued at USD 21.71 Billion in 2024 and is poised to grow from USD 26.08 Billion in 2025 to USD 112.88 Billion by 2033, growing at a CAGR of 20.1% during the forecast period (2026–2033).

    Large corporations are concentrating on developing new products, forming strategic alliances, and integrating AI into the fiercely competitive smart lighting market. While new businesses concentrate on creating features that are affordable and initially functioning on mobile devices, established companies like Signify and GE Current are expanding the capabilities of the Internet of Things (IoT). Consolidation of portfolios is aided by mergers and acquisitions, such as Signify's 2024 acquisition of Fluence. Investing in R&D and providing solutions that can expand with sectors like retail, commercial real estate, and urban infrastructure are also essential. 'Signify (Philips Lighting)', 'GE Current', 'Acuity Brands', 'OSRAM GmbH', 'Eaton Corporation', 'Zumtobel Group', 'Cree Lighting', 'Hubbell Lighting', 'Honeywell International', 'Legrand', 'Lutron Electronics', 'Wipro Lighting', 'Syska LED', 'Panasonic Corporation', 'Schneider Electric'

    Lighting plays a significant role in the development of smart cities, which are actively funded by governments worldwide. These initiatives seek to improve energy use, safety, and public services. By 2025, it is anticipated that over 70% of European cities will have smart street lighting as part of smart city development. This will be more environmentally friendly and use less energy.

    Creating Lights That Change with AI and IoT: One of the major smart lighting industry trends includes integration of IoT and AI into lighting. AI and IoT are increasingly being used by smart lighting systems to provide users with responsive and customized experiences. AI-enabled lighting in smart office buildings will be able to change the lighting's brightness according to the amount of natural light present and the number of occupants. Employees will be happier and expend less energy as a result. In North America and Europe, this trend is particularly strong.

    As per the smart lighting market regional analysis, as more people use energy-saving devices and smart homes, North America continues to lead the market. The percentage of local business buildings with smart lighting installed increased by 28% in 2024. The adoption process is being accelerated by government initiatives that support sustainable urban infrastructure, such as the U.S. DOE's Connected Communities program. The Internet of Things (IoT) and artificial intelligence (AI) are making it possible to control lighting in public spaces and homes in a way that anticipates future developments.

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