Lighting as a Service - Global Market Outlook (2019-2027)

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Lighting as a Service - Global Market Outlook (2019-2027)

Global Lighting as a Service market is accounted for $171.03 million in 2019 and is expected to reach $3,473.41 million by 2027 growing at a CAGR of 45.7% during the forecast period. Government policies & regulations for the adoption of energy-efficient lighting systems, zero capital cost model & improved financial benefits are the major factors driving the market growth. However, lack of awareness about the value of a service-oriented model of lighting, and difficulty in affordable financing are factors restraining the market growth.

Lighting as a service (LaaS) is referred to as the third-party management of lighting systems which includes services such as design and installation, other technical requirements, and maintenance. Lighting as a service is a better version of lighting that enables the move from old-style lighting to smart lighting with the help of sensors and internet of things (IoT) technology. This reduces the cost and enhances the efficiency of energy without any investment from the end-users side.  

Based on the end user, the commercial segment is going to have high growth during the forecast period due to factors such as increased energy savings and overall cost reductions accelerating the widespread adoption of lighting-as-a-service by various commercial organizations. By geography, North America is going to have lucrative growth during the forecast period owing to the rapid development of smart cities in the U.S. has surged the need for energy-efficient lighting systems, growing demand for energy-saving lighting solutions by large warehouses and manufacturing units.

Some of the key players profiled in the Lighting as a Service Market include Acuity Brands Lighting, Inc,  Cree Inc., Facility Solutions Group, Future Energy Solutions, General Electric Lighting, Philips N.V., Koninklijke Philips N.V, Lunera Lighting,  Lutron Electronics Co., Inc, SIB Energy, LLC, UrbanVolt, Zumtobel Group AG, Igor Inc.,  Itelecom, Cooper Industries, Inc and Every Watt Matters. 

Components Covered:
• Luminaires & Control Equipment
• Transmitters and Receivers
• Maintenance Services
• Software & Communication Systems
• Microprocessors and Microcontrollers
• Switches and Dimmers
• Light-Emitting Diode (LED) Drivers
• Sensors 

Services Covered:
• Recycling of Equipment 
• Lighting System Installation 
• Maintenance and Management    

Installations Covered:
• Indoor
• Outdoor  

End Users Covered:
• Industrial
• Municipal
• Residential
• Commercial 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary          
           
2 Preface          
 2.1 Abstract         
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology         
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions        
           
3 Market Trend Analysis          
 3.1 Introduction         
 3.2 Drivers         
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats         
 3.6 End User Analysis         
 3.7 Emerging Markets         
 3.8 Impact of Covid-19         
           
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry         
           
5 Global Lighting as a Service Market, By Component          
 5.1 Introduction         
 5.2 Luminaires & Control Equipment         
 5.3 Transmitters and Receivers         
 5.4 Maintenance Services         
 5.5 Software & Communication Systems         
 5.6 Microprocessors and Microcontrollers         
 5.7 Switches and Dimmers         
 5.8 Light-Emitting Diode (LED) Drivers         
 5.9 Sensors         
           
6 Global Lighting as a Service Market, By Service          
 6.1 Introduction         
 6.2 Recycling of Equipment         
 6.3 Lighting System Installation         
 6.4 Maintenance and Management         
           
7 Global Lighting as a Service Market, By Installation          
 7.1 Introduction         
 7.2 Indoor         
 7.3 Outdoor         
           
8 Global Lighting as a Service Market, By End User          
 8.1 Introduction         
 8.2 Industrial         
 8.3 Municipal         
 8.4 Residential         
 8.5 Commercial         
           
9 Global Lighting as a Service Market, By Geography          
 9.1 Introduction         
 9.2 North America         
  9.2.1 US        
  9.2.2 Canada        
  9.2.3 Mexico        
 9.3 Europe         
  9.3.1 Germany        
  9.3.2 UK        
  9.3.3 Italy        
  9.3.4 France        
  9.3.5 Spain        
  9.3.6 Rest of Europe        
 9.4 Asia Pacific         
  9.4.1 Japan        
  9.4.2 China        
  9.4.3 India        
  9.4.4 Australia        
  9.4.5 New Zealand        
  9.4.6 South Korea        
  9.4.7 Rest of Asia Pacific        
 9.5 South America         
  9.5.1 Argentina        
  9.5.2 Brazil        
  9.5.3 Chile        
  9.5.4 Rest of South America        
 9.6 Middle East & Africa         
  9.6.1 Saudi Arabia        
  9.6.2 UAE        
  9.6.3 Qatar        
  9.6.4 South Africa        
  9.6.5 Rest of Middle East & Africa        
           
10 Key Developments          
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures         
 10.2 Acquisitions & Mergers         
 10.3 New Product Launch         
 10.4 Expansions         
 10.5 Other Key Strategies         
           
11 Company Profiling          
 11.1 Acuity Brands Lighting, Inc         
 11.2 Cree Inc.         
 11.3 Facility Solutions Group         
 11.4 Future Energy Solutions         
 11.5 General Electric Lighting         
 11.6 Philips N.V.         
 11.7 Koninklijke Philips N.V         
 11.8 Lunera Lighting         
 11.9 Lutron Electronics Co., Inc         
 11.10 SIB Energy, LLC         
 11.11 UrbanVolt         
 11.12 Zumtobel Group AG         
 11.13 Igor Inc.         
 11.14 Itelecom         
 11.15 Cooper Industries, Inc          
 11.16 Every Watt Matters         

 

Lighting as a Service - Global Market Outlook (2019-2027)

List of Tables           
Table 1 Global Lighting as a Service Market Outlook, By Region (2018-2027) (US $MN)           
Table 2 Global Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)          
Table 3 Global Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)          
Table 4 Global Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)          
Table 5 Global Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)          
Table 6 Global Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)          
Table 7 Global Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)          
Table 8 Global Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)          
Table 9 Global Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)          
Table 10 Global Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)          
Table 11 Global Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)          
Table 12 Global Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)          
Table 13 Global Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)          
Table 14 Global Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)          
Table 15 Global Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)          
Table 16 Global Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)          
Table 17 Global Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)          
Table 18 Global Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)          
Table 19 Global Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)          
Table 20 Global Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)          
Table 21 Global Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)          
Table 22 Global Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)          
Table 23 North America Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)           
Table 24 North America Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)          
Table 25 North America Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)          
Table 26 North America Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)          
Table 27 North America Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)          
Table 28 North America Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)          
Table 29 North America Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)          
Table 30 North America Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)          
Table 31 North America Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)          
Table 32 North America Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)          
Table 33 North America Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)          
Table 34 North America Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)          
Table 35 North America Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)          
Table 36 North America Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)          
Table 37 North America Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)          
Table 38 North America Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)          
Table 39 North America Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)          
Table 40 North America Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)          
Table 41 North America Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)          
Table 42 North America Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)          
Table 43 North America Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)          
Table 44 North America Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)          
Table 45 Europe Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)           
Table 46 Europe Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)          
Table 47 Europe Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)          
Table 48 Europe Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)          
Table 49 Europe Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)          
Table 50 Europe Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)          
Table 51 Europe Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)          
Table 52 Europe Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)          
Table 53 Europe Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)          
Table 54 Europe Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)          
Table 55 Europe Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)          
Table 56 Europe Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)          
Table 57 Europe Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)          
Table 58 Europe Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)          
Table 59 Europe Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)          
Table 60 Europe Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)          
Table 61 Europe Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)          
Table 62 Europe Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)          
Table 63 Europe Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)          
Table 64 Europe Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)          
Table 65 Europe Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)          
Table 66 Europe Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)          
Table 67 Asia Pacific Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)           
Table 68 Asia Pacific Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)          
Table 69 Asia Pacific Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)          
Table 70 Asia Pacific Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)          
Table 71 Asia Pacific Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)          
Table 72 Asia Pacific Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)          
Table 73 Asia Pacific Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)          
Table 74 Asia Pacific Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)          
Table 75 Asia Pacific Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)          
Table 76 Asia Pacific Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)          
Table 77 Asia Pacific Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)          
Table 78 Asia Pacific Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)          
Table 79 Asia Pacific Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)          
Table 80 Asia Pacific Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)          
Table 81 Asia Pacific Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)          
Table 82 Asia Pacific Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)          
Table 83 Asia Pacific Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)          
Table 84 Asia Pacific Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)          
Table 85 Asia Pacific Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)          
Table 86 Asia Pacific Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)          
Table 87 Asia Pacific Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)          
Table 88 Asia Pacific Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)          
Table 89 South America Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)           
Table 90 South America Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)          
Table 91 South America Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)          
Table 92 South America Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)          
Table 93 South America Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)          
Table 94 South America Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)          
Table 95 South America Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)          
Table 96 South America Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)          
Table 97 South America Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)          
Table 98 South America Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)          
Table 99 South America Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)          
Table 100 South America Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)          
Table 101 South America Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)          
Table 102 South America Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)          
Table 103 South America Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)          
Table 104 South America Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)          
Table 105 South America Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)          
Table 106 South America Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)          
Table 107 South America Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)          
Table 108 South America Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)          
Table 109 South America Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)          
Table 110 South America Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)          
Table 111 Middle East & Africa Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)           
Table 112 Middle East & Africa Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)          
Table 113 Middle East & Africa Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)          
Table 114 Middle East & Africa Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)          
Table 115 Middle East & Africa Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)          
Table 116 Middle East & Africa Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)          
Table 117 Middle East & Africa Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)          
Table 118 Middle East & Africa Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)          
Table 119 Middle East & Africa Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)          
Table 120 Middle East & Africa Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)          
Table 121 Middle East & Africa Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)          
Table 122 Middle East & Africa Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)          
Table 123 Middle East & Africa Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)          
Table 124 Middle East & Africa Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)          
Table 125 Middle East & Africa Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)          
Table 126 Middle East & Africa Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)          
Table 127 Middle East & Africa Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)          
Table 128 Middle East & Africa Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)          
Table 129 Middle East & Africa Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)          
Table 130 Middle East & Africa Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)          
Table 131 Middle East & Africa Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)          
Table 132 Middle East & Africa Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)

 

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