Global Luminaire and Lighting Control Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Hardware, Software and Services.

By Product;

Luminaire and Control.

By Application;

Indoor and Outdoor.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn233129768 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Luminaire and Lighting Control Market (USD Million), 2021 - 2031

In the year 2024, the Global Luminaire and Lighting Control Market was valued at USD 92,045.76 million. The size of this market is expected to increase to USD 143,037.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.

The global luminaire and lighting control market is experiencing rapid evolution driven by advancements in lighting technology and the increasing demand for energy-efficient solutions. Luminaire, referring to complete lighting units including the lamp or light source and the fixture, plays a crucial role in shaping modern lighting environments. These systems are not only essential for illuminating spaces but also contribute significantly to energy conservation efforts worldwide.

There has been a notable shift towards LED-based luminaires due to their superior energy efficiency, longer lifespan, and flexibility in design. This transition has been instrumental in reducing energy consumption and operational costs for both residential and commercial applications. Moreover, the integration of smart lighting controls has revolutionized how luminaires are managed and utilized, offering functionalities such as dimming, color control, and automated scheduling to enhance user experience and optimize energy usage.

The market landscape is further influenced by the growing adoption of Internet of Things (IoT) technologies, enabling interconnected lighting systems that can be remotely monitored and controlled. This connectivity not only enhances operational efficiency but also opens up avenues for innovative applications in smart cities, retail environments, and industrial settings. Additionally, regulatory initiatives promoting energy-efficient lighting solutions and the rise of sustainable building practices are driving the demand for advanced luminaires and intelligent lighting management systems globally.

Looking ahead, the global luminaire and lighting control market is poised for continued expansion as manufacturers focus on integrating cutting-edge technologies such as sensors, wireless communication, and data analytics to create more intelligent and responsive lighting solutions. This evolution promises to not only transform how spaces are illuminated but also contribute significantly to the broader goals of sustainability and smart infrastructure development worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Product
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Luminaire and Lighting Control Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Energy Efficiency
        3. Government Regulations
      2. Restraints
        1. High Initial Costs
        2. Compatibility Issues
        3. Market Fragmentation
      3. Opportunities
        1. Smart Home Integration
        2. Emerging Markets
        3. IoT Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Luminaire and Lighting Control Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    2. Global Luminaire and Lighting Control Market, By Product, 2021 - 2031 (USD Millino)
      1. Luminaire
      2. Control
    3. Global Luminaire and Lighting Control Market, By Application, 2021 - 2031 (USD Millino)
      1. Indoor
      2. Outdoor
    4. Global Luminaire and Lighting Control Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Philips Lighting N.V.
      2. General Electric
      3. Cree, Inc.
      4. Legrand S.A.
      5. OSRAM Licht AG
      6. Eaton Corporation
      7. Lutron Electronics Co., Inc.
      8. Acuity Brands, Inc.
      9. Hubbell Incorporated
      10. LSI Industries Inc.
  7. Analyst Views
  8. Future Outlook of the Market