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    North America Smart Lighting Market Forecast 2028 By Component (Product [Luminaires {Smart Bulbs, Fixtures}, Light Control {Sensors, Switches & Dimmers, Relays, Router & Gateways, LED Driver & Ballasts}], By Technology [Wired {PLC (Power Line Control), PoE (Power over Ethernet), DALI (Digital Addressable Lighting Interface), Hybrid}, Wireless {Bluetooth, Zigbee, Wi-Fi, EnOcean, Hybrid}]), By Lighting Source (LED, Fluorescent Lamp, CFL (Compact Fluorescent Light), HIDL (High Intensity Discharge Lamp), By Application (Indoor Lighting [Residential, Commercial, Industrial], Outdoor Lighting [Highways & Roadways, Public Places, Bridges & Tunnels]), Research Report, Country Outlook (U.S., Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: July 2022   |   Report ID: GR1024   |   Delivery: PDF  Request Free Sample

    North America Smart Lighting Market size exceeded USD 1860 million in 2021 and is anticipated to exhibit a CAGR of 16% between 2022 and 2028.

    The industry growth can be credited to an increase in the adoption of various regulatory policies. In addition, numerous establishments are considering the deployment of smart lighting solutions for commercial purposes. These steps are being taken to leverage benefits such as the cost-savings and energy efficiency, which can be realized with the help of smart lighting installations.

    North America Smart Lighting Market

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    Impact of COVID-19 pandemic on North America smart lighting market

    The SARS-CoV-2 pandemic has led to an increase in research activities, paving way to a series of innovations in the market. Quoting an instance, a research team at the University of California announced that it has designed a system that deployed a smartphone’s camera for the performance of COVID tests. Dubbed smaRT-LAMP, the test system functioned via the analysis of work samples for bits of coronavirus’ genetic material.

    North America Market, By Component

    The North America smart lighting market size from luminaires segment will record an appreciable valuation during the forecast period, attributed to the surging product demand for fixtures and smart bulbs on account of a series of incentives offered by the Federal Government in the U.S. for commercial and residential entities for the deployment of energy-efficient lighting solutions.

    North America Market, By Technology

    The wireless technology segment size will register substantial expansion through 2028, due to the advantages of wireless smart lights, like being able to control the lighting from anywhere, anytime. Several companies are participating in trade fairs and conferences to exhibit their new products for securing a competitive edge.

    North America Market, By Country

    Canada smart lighting market revenue is set to grow significantly till 2028, on account of an increase in the installation of streetlighting systems in the country. Quoting an instance, in July 2021, the Canadian city of Vaughan announced plans for the deployment of Telensa’s PLANet intelligent streetlighting system. The program included the replacement of Vaughan’s 23,000 streetlights with energy-efficient LEDs integrated with wireless controls offered by Telensa. 

    North America Market, By Application

    The indoor lighting segment will gain remarkable momentum in the coming years, owing to an increase in the development and rollout of a range of smart lighting solutions. The products are being designed for deployment in various residential as well as commercial establishments. Besides, several regulatory bodies are framing a series of policies for the reduction of carbon emissions and the rollout of energy-efficient products in the market.

    Competitive Industry Landscape

    Prominent participants operating across the North America smart lighting market are Acuity Brands, Digital Lumens, Honeywell, Bridgelux, Hubbell, OSRAM, Cree, Philips Lighting, Silver Spring Networks, and Cooper Industries (Eaton). These companies are centered on the adoption of a range of initiatives such as mergers, acquisitions, product developments, and others for the consolidation of their market position. Further, several companies are also engaging in research activities for enabling the development of superior products.

    Frequently Asked Question(FAQ) :

    How big is the smart lighting market in North America?
    The market value for smart lighting in North America was surpassed USD 1860 million in 2021 and is slated to grow at a CAGR of 16% from 2022 to 2028 owing to the rising adoption of various regulatory policies.
    Why is the North America indoor smart lighting sector rising?
    The market revenue from indoor lighting is poised to register substantial growth through 2028 driven by a rise in the development of various smart lighting solutions for deployment in numerous commercial and residential establishments.
    How much is the Canada smart lighting industry worth?
    The market size for smart lighting in Canada is anticipated to record considerable expansion through 2028 considering an upsurge in the installation of street lighting systems.
    Which are major players in the North America smart lighting landscape?
    Prominent participants in the market comprise Cree, Silver Spring Networks, Hubbell, Digital Lumens, Cooper Industries (Eaton), and others.

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