Indoor lighting management enhances the total ambiance of the room. In indoor lighting, light fixtures play an important role in interior design. Report on the global indoor lighting management industry published by Market Research Future (MRFR) predicts 19% CAGR between 2017 and 2023. By value, the market can be worth the USD 17 bn by the end of the forecast period.

By monitoring the market structure, this report tries to understand the growth potential of the market. It characterizes strategies of major market players and aids the competitive developments like research & developments (R&D), new product developments, mergers & acquisitions, and joint ventures in the market.

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Factors driving the global indoor lighting management industry growth are the availability of low-cost light-emitting diode (LED) for indoor space, changing lifestyle, and high disposable income of people. Benefits of LED luminaires that can hike the market growth include high energy efficiency, high intensity of brightness, high reliability, low radiated heat, negligible ultraviolet (UV) rays, and long-life span. The decrease in the price of LED components is also boosting the market growth.

Market Segmentation

The global indoor lighting management industry segmentation covers application, product, type, and space type. MRFR has segmented the market to have a better understanding of trends that can impact the market.

The application-based segmentation of this market covers bathroom lights, ceiling lights, commercial lights, floor lamps, kitchen lights, picture lights, table lamps, wall lights, and others.

Based on the product, the market has been segmented into downlights, free-standing products, multiple lighting systems, projectors, recessed products, surface mounted products, suspended products, wall-mounted products, and others.

By type, the market has been segmented into ambient lighting, accent lighting, and task lighting. Ambient light is defined as the light that is already present in a room before any additional lighting is added. Such lighting is the one that is arranged by opening doors and windows of the room. Accent lighting is the light that focuses on an area or object. For example, light from a table lamp. Task lighting is about increasing illuminance to better accomplish a specific activity.

In the context of space type, the market has been segmented into residential, commercial, industrial, and others. The residential segment is expected to grow substantially with increasing construction of residential complexes.

Regional Segmentation

The regional segmentation of the global indoor lighting management industry covers North America, Asia Pacific, Europe, and Rest of the World (RoW).

North America is the leader among all regional markets due to the high disposable income of people, the presence of key market players, and demand for ambient lighting. USA and Canada generate maximum market revenue in this region.

In the Asia Pacific region, the market is growing due to rapid infrastructure activities across different industries and stable technological advancement. The rising demand for ambient lighting and stringent energy efficiency regulation are also contributing to the market growth in this region. Significant economies that can be important markets in this region are China, India, and Japan.

In Europe, most of the reasons for market growth are same as in North America. The significant country-specific markets in this region are France, Germany, and the UK.

Key Players

Major players in the global indoor lighting management industry include Crompton Greaves (India), Gstar Technology Co. Ltd. (China), General Electric (USA), Havells Sylvania (UK), Koninklijke Philips N.V. (Netherlands), Osram Licht AG (Germany), Osram Sylvania (USA), Shenzhen MR LED (China), Thorn Lighting (UK), and Ushio Lighting Technologies (Japan).

Latest Industry News

Aiming to make its indoor lighting management system smarter, pharma giant Roche is using Power over Ethernet (PoE), the technology that runs both data as well as power supply over the same low-voltage cable. Sensors powered by PoE are connected to some 130 lights. These sensors also provide insights to Roche management regarding better use of space. 15 JUL 2019
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