According to IMARC Group latest report titled “North America Smart Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on North America Smart Lighting market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The North America smart lighting market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.9 Billion by 2028, exhibiting a growth rate (CAGR) of 17.8% during 2023-2028.

Smart lighting represents a category of lighting systems enhanced with intelligent features beyond mere illumination. It is designed to adapt to user preferences, environmental conditions, and energy efficiency requirements. These systems often utilize LED technology as the foundation and are controlled remotely through smartphones, voice commands, or automated schedules. Additionally, it encompasses various types, including smart bulbs, smart switches, and smart fixtures, providing numerous solutions for residential, commercial, and industrial spaces. The allure of smart lighting lies in its ability to create dynamic lighting atmospheres, optimize energy consumption, and enhance overall convenience. Furthermore, these systems often integrate seamlessly with other smart devices, forming a cohesive ecosystem that offers unparalleled control and efficiency, making them a compelling choice for modern lighting needs.

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Market Trends:

The North America smart lighting market is majorly driven by the increasing emphasis on energy conservation and sustainability. With climate change concerns and the need to reduce energy consumption, businesses and homeowners are turning to smart lighting to optimize energy use through features such as automated dimming and motion sensing. Along with this, the rise of smart homes and smart buildings is contributing significantly to market expansion. In addition, consumers are seeking integrated solutions that enhance their living and working spaces. Smart lighting, with its ability to create personalized lighting scenarios, plays a pivotal role in enhancing the ambiance and functionality of these spaces. Apart from this, the ongoing development of Internet of Things (IoT) technology is fostering innovation in the smart lighting sector. IoT enables the seamless connectivity of smart lighting systems with other devices, enabling comprehensive automation and control. This connectivity extends to smart cities, where intelligent street lighting is becoming a key component in urban development projects, enhancing safety and energy efficiency.

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North America Smart Lighting Market Segmentation:

Our report has categorized the market based on region, offering, communication technology, installation type, light source and application.

Key Regions Analysed:

  • United States
  • Canada
  • Mexico

Breakup by Offering:

  • Hardware
    • Lights and Luminaires
    • Lighting Controls
  • Software
  • Services
    • Design and Engineering
    • Installation
    • Post-Installation

Breakup by Communication Technology:

  • Wired Technology
  • Wireless Technology

Breakup by Installation Type:

  • New Installation
  • Retrofit Installation

Breakup by Light Source:

  • LED Lamps
  • Fluorescent Lamps
  • Compact Fluorescent Lamps
  • High Intensity Discharge Lamps
  • Others

Breakup by Application:

  • Commercial
  • Residential
  • Public Infrastructure
  • Others

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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