Market Forecast By Light Source (Fluorescent Lamps, Light Emitting Diodes, High Intensity Discharge Lamps), By Product Type (Luminaries Smart Bulbs, Fixtures, Lighting Controls Led Drivers & Ballasts, Sensors, Switches & Dimmers, Relay Units, Gateways), By Communication Technology (Wired, Wireless), By Applications (Residential, Commercial, Industrial, Others) and competitive landscape
Product Code: ETC003829 | Publication Date: Aug 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | United States Smart Indoor Lighting Market |
Forecast period | 2025-2031 |
CAGR | 15.2% |
Growing Sector | Residential & Commercial Sector |
United States Smart Indoor Lighting Market report thoroughly covers the market by Light Source, by Product Type, by Communication Technology, by Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United States Smart Indoor Lighting Market has been grooming and is predicted to rise more at a significant growth rate during the forecast period 2024 to 2030. There are several factors contributing to the market growth such as increasing demand for energy-efficient lighting solutions, advancements in IoT technology, government regulations promoting energy conservation, and rising adoption of smart home automation systems.
According to 6Wresearch, United States Smart Indoor Lighting Market size is expected to grow at a significant CAGR of 15.2% during 2025-2031. The major driver for the growth of the United States smart indoor lighting market is the increasing need for energy-efficient solutions. With rising concerns about climate change and energy consumption, consumers are turning towards more sustainable options in their homes. Smart indoor lighting not only reduces energy consumption but also offers convenience and cost savings. the convenience and customization options offered by these systems have also contributed to their increasing popularity.
In addition to promoting energy efficiency, the government is also supporting the adoption of smart indoor lighting through various incentives and rebates. The Energy Star program, run by the Environmental Protection Agency (EPA) and the Department of Energy (DOE), offers certification for energy-efficient products, including smart indoor lighting devices. This certification not only helps consumers identify high-quality products but also enables them to qualify for rebates and tax credits.
The market is also dealing with a number of challenges that are hampering its growth. One major challenge confronted by high initial costs associated with installing smart lighting systems and concerns regarding data privacy and security. Additionally, lack of awareness about the benefits of smart indoor lighting among consumers may also pose a challenge to market growth.
Some of the key players in the U.S. smart indoor lighting market include Philips Lighting, General Electric Company, Acuity Brands Inc., Eaton Corporation PLC, Legrand SA, Honeywell International Inc., OSRAM Licht AG, Cree Inc., Hubbell Incorporated, Lutron Electronics Co. Inc., and Leviton Manufacturing Co. Inc. These companies are investing in research and development activities to introduce innovative products and gain a competitive edge in the market.
The government has played a significant role in promoting the adoption of smart indoor lighting systems in the United States. Initiatives such as Energy Star certification and tax incentives for energy-efficient products have encouraged consumers to invest in smart lighting solutions. Additionally, regulations promoting energy efficiency and sustainability in buildings have also contributed to the market growth.
with advancements in technology and increasing consumer demand for energy-efficient solutions. The integration of Internet of Things (IoT) technology with smart lighting systems is expected to further boost market growth. Additionally, the trend towards home automation and the availability of cost-effective options will also contribute to the expansion of this market. In order to further boost the growth of the integration of smart lighting systems with other smart home devices and the emergence of Internet of Things (IoT) technology are also expected to create lucrative opportunities for industry players in this market. With the increasing focus on creating energy-efficient and sustainable living spaces, it is predicted that the demand for smart indoor lighting solutions will only continue to rise in the future.
According to Dhaval, Research Manager, 6Wresearch, out of the three light sources mentioned, Light Emitting Diodes (LEDs) are currently growing in demand in the United States smart indoor lighting market. This is due to their energy efficiency, longer lifespan, and ability to be controlled remotely through smart home systems.
According to a recent market research report, the demand for smart bulbs is expected to grow significantly in the United States smart indoor lighting market. This can be attributed to the rising popularity of energy-efficient and cost-saving LED lights, which are often integrated with smart technology for added convenience and functionality.
According to recent market studies, the wireless segment of the United States smart indoor lighting market is expected to see significant growth in demand. This can be attributed to the increasing popularity and adoption of smart home technology, which allows for easier installation and control of wireless smart lights.
the demand for smart indoor lighting in residential applications has seen a significant increase. This can be attributed to the growing trend of home automation and smart home technology. Consumers are increasingly incorporating connected devices and systems into their homes, including lighting control systems.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. United States Smart Indoor Lighting Market Overview |
3.1. United States Country Macro Economic Indicators |
3.2. United States Smart Indoor Lighting Market Revenues & Volume, 2021 & 2031F |
3.3. United States Smart Indoor Lighting Market - Industry Life Cycle |
3.4. United States Smart Indoor Lighting Market - Porter's Five Forces |
3.5. United States Smart Indoor Lighting Market Revenues & Volume Share, By Light Source, 2021 & 2031F |
3.6. United States Smart Indoor Lighting Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7. United States Smart Indoor Lighting Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
3.8. United States Smart Indoor Lighting Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4. United States Smart Indoor Lighting Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. United States Smart Indoor Lighting Market Trends |
6. United States Smart Indoor Lighting Market, By Types |
6.1. United States Smart Indoor Lighting Market, By Light Source |
6.1.1 Overview and Analysis |
6.1.2. United States Smart Indoor Lighting Market Revenues & Volume, By Light Source, 2021-2031F |
6.1.3. United States Smart Indoor Lighting Market Revenues & Volume, By Fluorescent Lamps, 2021-2031F |
6.1.4. United States Smart Indoor Lighting Market Revenues & Volume, By Light Emitting Diodes, 2021-2031F |
6.1.5. United States Smart Indoor Lighting Market Revenues & Volume, By High Intensity Discharge Lamps, 2021-2031F |
6.2. United States Smart Indoor Lighting Market, By Product Type |
6.2.1. Overview and Analysis |
6.2.2. United States Smart Indoor Lighting Market Revenues & Volume, By Luminaries Smart Bulbs, 2021-2031F |
6.2.3. United States Smart Indoor Lighting Market Revenues & Volume, By Fixtures, 2021-2031F |
6.2.4. United States Smart Indoor Lighting Market Revenues & Volume, By Lighting Controls Led Drivers & Ballasts, 2021-2031F |
6.2.5. United States Smart Indoor Lighting Market Revenues & Volume, By Sensors, 2021-2031F |
6.2.6. United States Smart Indoor Lighting Market Revenues & Volume, By Switches & Dimmers, 2021-2031F |
6.2.7. United States Smart Indoor Lighting Market Revenues & Volume, By Relay Units, 2021-2031F |
6.3. United States Smart Indoor Lighting Market, By Communication Technology |
6.3.1. Overview and Analysis |
6.3.2. United States Smart Indoor Lighting Market Revenues & Volume, By Wired, 2021-2031F |
6.3.3 United States Smart Indoor Lighting Market Revenues & Volume, By Wireless, 2021-2031F |
6.4. United States Smart Indoor Lighting Market, By Applications |
6.4.1. Overview and Analysis |
6.4.2. United States Smart Indoor Lighting Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3. United States Smart Indoor Lighting Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4. United States Smart Indoor Lighting Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.5. United States Smart Indoor Lighting Market Revenues & Volume, By Others, 2021-2031F |
7. United States Smart Indoor Lighting Market Import-Export Trade Statistics |
7.1. United States Smart Indoor Lighting Market Export to Major Countries |
7.2. United States Smart Indoor Lighting Market Imports from Major Countries |
8. United States Smart Indoor Lighting Market Key Performance Indicators |
8.1. United States Residential Sector Outlook |
8.2. United States Commercial Sector Outlook |
8.3. United States Industrial Outlook |
8.4. United States Government Spending Outlook |
8.5. United States Transport & Infrastructure Outlook |
9. United States Smart Indoor Lighting Market - Opportunity Assessment |
9.1. United States Smart Indoor Lighting Market Opportunity Assessment, By Light Source, 2021 & 2031F |
9.2. United States Smart Indoor Lighting Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3. United States Smart Indoor Lighting Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
9.4. United States Smart Indoor Lighting Market Opportunity Assessment, By Applications, 2021 & 2031F |
10. United States Smart Indoor Lighting Market - Competitive Landscape |
10.1. United States Smart Indoor Lighting Market Revenue Share, By Companies, 2024 |
10.2. United States Smart Indoor Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |