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North America Smart Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
The North America smart lighting market reached a value of US$ 3,766 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 17.1% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Smart lighting is an energy-efficient lighting solution with power saving features and automated controls for smooth operations. This technology enables the user to change the light intensity depending on parameters, such as occupancy or daylight availability. Smart lighting system is rapidly replacing traditional lighting solutions as it is economical, sustainable and draws lesser power. It is also accessible through smartphone applications, which makes it easy for the user to control. This lighting system has enabled real-time illumination monitoring, intelligent sensing and improvement in connected lighting technology. Further, the evolution of big data and the internet of things (IoT) has improved the integration of smart lighting with other automated systems used in smart homes.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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North America smart lighting market is currently being driven by several factors. The shelf life of smart light is very high, which reduces the need to change the light at regular intervals, as in the case of traditional lights. Owing to this, the market is currently witnessing an increasing acceptance among consumers, thereby catalyzing the market growth in the region. In addition to this, the continuous technological advancements in the design and manufacturing of smart lighting systems have increased their power efficiency and expanded their applications across several sectors. Furthermore, the high per capita incomes of the consumers have enabled them to invest in improved technologies, such as smart lighting.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America smart lighting market report, along with forecasts for growth at the regional and country level from 2021-2026. Our report has categorized the market based on offering, communication technology, installation type, light source and application.
North America Smart Lighting Market
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Offering
Hardware
Lights and Luminaires
Lighting Controls
Software
Services
Design and Engineering
Installation
Post-Installation
Market by Communication Technology
Wired Technology
Wireless Technology
Market by Installation Type
New Installation
Retrofit Installation
Market by Light Source
LED Lamps
Fluorescent Lamps
Compact Fluorescent Lamps
High Intensity Discharge Lamps
Others
Market by Application
Commercial
Residential
Public Infrastructure
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Report Coverage:
Report Features
Details
Base Year of the Analysis
2020
Historical Period
2015-2020
Forecast Period
2021-2026
Units
US$ Million
Segment Coverage
Offering, Communication Technology, Installation Type, Light Source, Application, Country
Countries Covered
United States, Canada, Mexico
Customization Scope
10% Free Customization
Report Price and Purchase Option
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology 3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends 5 Global Smart Lighting Market
5.1 Market Performance
5.2 Market Breakup by Offering
5.3 Market Breakup by Communication Technology
5.4 Market Breakup by Installation Type
5.5 Market Breakup by Light Source
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast 6 North America Smart Lighting Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast 7 North America Smart Lighting Market: Breakup by Offering
7.1 Hardware
7.1.1 Lights and Luminaires
7.1.2 Lighting Controls
7.2 Software
7.3 Services
7.3.1 Design and Engineering
7.3.2 Installation
7.3.3 Post-Installation 8 North America Smart Lighting Market: Breakup by Communication Technology
8.1 Wired Technology
8.2 Wireless Technology 9 North America Smart Lighting Market: Breakup by Installation Type
9.1 New Installation
9.2 Retrofit Installation 10 North America Smart Lighting Market: Breakup by Light Source
10.1 LED Lamps
10.2 Fluorescent Lamps
10.3 Compact Fluorescent Lamps
10.4 High Intensity Discharge Lamps
10.5 Others 11 North America Smart Lighting Market: Breakup by Application
11.1 Commercial
11.2 Residential
11.3 Public Infrastructure
11.4 Others 12 North America Smart Lighting Market: Breakup by Country
12.1 United States
12.1.1 Historical market Trends
12.1.2 Market Breakup by Offering
12.1.3 Market Breakup by Communication Technology
12.1.4 Market Breakup by Installation Type
12.1.5 Market Breakup by Light Source
12.1.6 Market Breakup by Application
12.1.7 Market Forecast
12.2 Canada
12.2.1 Historical market Trends
12.2.2 Market Breakup by Offering
12.2.3 Market Breakup by Communication Technology
12.2.4 Market Breakup by Installation Type
12.2.5 Market Breakup by Light Source
12.2.6 Market Breakup by Application
12.2.7 Market Forecast
12.3 Mexico
12.3.1 Historical market Trends
12.3.2 Market Breakup by Offering
12.3.3 Market Breakup by Communication Technology
12.3.4 Market Breakup by Installation Type
12.3.5 Market Breakup by Light Source
12.3.6 Market Breakup by Application
12.3.7 Market Forecast 13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats 14 Value Chain Analysis
14.1 Overview
14.2 Research and Product Development
14.3 Raw Material/Component Providers
14.4 Original Equipment Manufacturers (OEMS)
14.5 Key Technology Providers/System Integrators
14.6 End-Users 15 Porter’s Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Rivalry
15.5 Threat of New Entrants
15.6 Threat of Substitutes 16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
List of Figures
Figure 1: Global: Smart Lighting Market: Sales Value (in Billion US$), 2015-2020
Figure 2: Global: Smart Lighting Market: Breakup by Offering (in %), 2020
Figure 3: Global: Smart Lighting Market: Breakup by Communication Technology (in %), 2020
Figure 4: Global: Smart Lighting Market: Breakup by Installation Type (in %), 2020
Figure 5: Global: Smart Lighting Market: Breakup by Light Source (in %), 2020
Figure 6: Global: Smart Lighting Market: Breakup by Application (in %), 2020
Figure 7: Global: Smart Lighting Market: Breakup by Region (in %), 2020
Figure 8: Global: Smart Lighting Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 9: North America: Smart Lighting Market: Sales Value (in Million US$), 2015-2020
Figure 10: North America: Smart Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: North America: Smart Lighting Market: Breakup by Offering (in %), 2020
Figure 12: North America: Smart Lighting (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: North America: Smart Lighting (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: North America: Smart Lighting (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: North America: Smart Lighting (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: North America: Smart Lighting (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: North America: Smart Lighting (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: North America: Smart Lighting Market: Breakup by Communication Technology (in %), 2020
Figure 19: North America: Smart Lighting (Wired Technology) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: North America: Smart Lighting (Wired Technology) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: North America: Smart Lighting (Wireless Technology) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: North America: Smart Lighting (Wireless Technology) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: North America: Smart Lighting Market: Breakup by Installation Type (in %), 2020
Figure 24: North America: Smart Lighting (New Installation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Smart Lighting (New Installation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: North America: Smart Lighting (Retrofit Installation) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: North America: Smart Lighting (Retrofit Installation) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: Smart Lighting Market: Breakup by Light Source (in %), 2020
Figure 29: North America: Smart Lighting (LED Lamps) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: North America: Smart Lighting (LED Lamps) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: North America: Smart Lighting (Fluorescent Lamps) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: North America: Smart Lighting (Fluorescent Lamps) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: North America: Smart Lighting (Compact Fluorescent Lamps) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: North America: Smart Lighting (Compact Fluorescent Lamps) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: North America: Smart Lighting (High Intensity Discharge Lamps) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: North America: Smart Lighting (High Intensity Discharge Lamps) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Smart Lighting (Other Light Sources) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: North America: Smart Lighting (Other Light Sources) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: North America: Smart Lighting Market: Breakup by Application (in %), 2020
Figure 40: North America: Smart Lighting (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: North America: Smart Lighting (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: North America: Smart Lighting (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: North America: Smart Lighting (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: North America: Smart Lighting (Public Infrastructure) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: North America: Smart Lighting (Public Infrastructure) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: North America: Smart Lighting (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: North America: Smart Lighting (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: North America: Smart Lighting Market: Breakup by Country (in %), 2020
Figure 49: United States: Smart Lighting Market: Sales Value (in Million US$), 2015-2020
Figure 50: United States: Smart Lighting Market: Breakup by Offering (in %), 2020
Figure 51: United States: Smart Lighting Market: Breakup by Communication Technology (in %), 2020
Figure 52: United States: Smart Lighting Market: Breakup by Installation Type (in %), 2020
Figure 53: United States: Smart Lighting Market: Breakup by Light Source (in %), 2020
Figure 54: United States: Smart Lighting Market: Breakup by Application (in %), 2020
Figure 55: United States: Smart Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Canada: Smart Lighting Market: Sales Value (in Million US$), 2015-2020
Figure 57: Canada: Smart Lighting Market: Breakup by Offering (in %), 2020
Figure 58: Canada: Smart Lighting Market: Breakup by Communication Technology (in %), 2020
Figure 59: Canada: Smart Lighting Market: Breakup by Installation Type (in %), 2020
Figure 60: Canada: Smart Lighting Market: Breakup by Light Source (in %), 2020
Figure 61: Canada: Smart Lighting Market: Breakup by Application (in %), 2020
Figure 62: Canada: Smart Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Mexico: Smart Lighting Market: Sales Value (in Million US$), 2015-2020
Figure 64: Mexico: Smart Lighting Market: Breakup by Offering (in %), 2020
Figure 65: Mexico: Smart Lighting Market: Breakup by Communication Technology (in %), 2020
Figure 66: Mexico: Smart Lighting Market: Breakup by Installation Type (in %), 2020
Figure 67: Mexico: Smart Lighting Market: Breakup by Light Source (in %), 2020
Figure 68: Mexico: Smart Lighting Market: Breakup by Application (in %), 2020
Figure 69: Mexico: Smart Lighting Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: North America: Smart Lighting Industry: SWOT Analysis
Figure 71: North America: Smart Lighting Industry: Value Chain Analysis
Figure 72: North America: Smart Lighting Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Smart Lighting Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Smart Lighting Market Forecast: Breakup by Offering (in Million US$), 2021-2026
Table 3: North America: Smart Lighting Market Forecast: Breakup by Communication Technology (in Million US$), 2021-2026
Table 4: North America: Smart Lighting Market Forecast: Breakup by Installation Type (in Million US$), 2021-2026
Table 5: North America: Smart Lighting Market Forecast: Breakup by Light Source (in Million US$), 2021-2026
Table 6: North America: Smart Lighting Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 7: North America: Smart Lighting Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 8: North America: Smart Lighting Market: Competitive Structure
Table 9: North America: Smart Lighting Market: Key Players
The growing demand for energy-efficient lighting solutions, which enable automated control for
smooth operations and reduce power consumption, is currently driving the North America smart
lighting market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase
of smart lights and associated components.
Based on the offering, the North America smart lighting market can be segregated into hardware,
software, and services. Among these, hardware currently accounts for the largest market share.
Based on the communication technology, the North America smart lighting market has been divided
into wired technology and wireless technology. Currently, wired technology exhibits a clear
dominance in the market.
Based on the installation type, the North America smart lighting market can be categorized into new
installation and retrofit installation, where new installation currently holds the majority of the total
market share.
Based on the light source, the North America smart lighting market has been segmented into LED
lamps, fluorescent lamps, compact fluorescent lamps, high intensity discharge lamps, and others.
Currently, LED lamps represent the largest market share.
Based on the application, the North America smart lighting market can be bifurcated into
commercial, residential, public infrastructure, and others. Among these, the commercial sector
accounts for the majority of the total market share.
On a regional level, the market has been classified into United States, Canada, and Mexico, where
United States currently dominates the North America smart lighting market.
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