Europe Lighting Control Systems Market Size (2024 - 2029)

Europe Lighting Control Systems Market Analysis

The European Lighting Control Systems Market is expected to witness a CAGR of over 16.2% during the forecast period. The market is witnessing significant growth due to rapid urbanization and demand for a smart, comfortable lifestyle. It is moving toward adopting the Internet of Things (IoT) with the increasing usage of smart devices, such as smartphones, tablets, etc. As the lighting control market is finding its applications in IoT-connected devices, the increase in adoption is influencing positive market growth.

• Intelligent lighting control systems improve energy efficiency, performance, and customer value. These systems have numerous applications across diverse end-user verticals in the Office, industrial, and home appliance sectors. Further, intelligent lighting controls have been increasingly adopted to reduce energy consumption.
• For instance, the Philips Hue Dimmer Switch has a convenient control interface for a compatible light system to bring easy brightness adjustments. Its easy-to-install design allows the dimmer switch to be mounted anywhere around the house.
• Moreover, the enhancement across the control system is also boosting market growth. For instance, the Nanoleaf Remote has 12 fully-reprogrammable sides for mapping various commands in smart light. A different color represents each rotation to make it easy to track each change and have a convenient out-of-the-box operation. The remote comes with pre-programmed scenes and is compatible with various Apple HomeKit-enabled devices, letting the user quickly activate functions to change the interior's vibe.
• According to Council Lead Partner Enel, Eight Spanish cities, including the towns of Móstoles (Madrid), Alcázares (Murcia), Manacor (Balearic Islands), Batea (Tarragona), and the Andalusian cities of Vélez Rubio (Almería), Écija (Seville), Pruna (Seville), and Almodóvar del Río (Córdoba) were able to reduce their electricity consumption by about 64% and saved over 4,300 ton of CO2 by using efficient lights with smart controls fitted at every lighting point. Projects such as this highlight the need to cut CO2 emissions, and increase energy efficiency, thus driving market growth.
• In October 2021, Lutron announced to bring Athena architectural lighting solution with iOS App Control to the market. Athena is inspired by the light that delivers a holistic experience - a simple, flexible, all-in-one solution for lighting, intelligent blinds, and connected apps.
• Furthermore, the outbreak of COVID-19 has led to a weakened growth of industrial output and a decline in light-manufacturing production across significant manufacturing hubs, owing to the halting of production and disruption in the regional supply chain. The supply chain impacts were observed in the market early in the pandemic. Many manufacturing facilities in China were shut down or reduced significantly to reduce operations and staff, resulting in shortages in LED packages, driver components, and materials. These shortages ripple effect across the smart light and controlling industry, affecting manufacturing plants in the region.

Europe Lighting Control Systems Industry Segmentation

The study on Europe Lighting Control Systems tracks the revenues earned from the sale of Lighting Control Systems (Both Hardware and Software) in the market analyzed. Third-party vendor margins (distributors, wholesalers, etc.) are not considered for calculation; only the manufacturer's revenue from the sales of products is considered. The study tracks the market under four segments - By Type (Hardware & Software), By Application (Residential, Office, Education & Healthcare, Retail & Hospitality, etc.), and Country. Further, the study also covers the impact of COVID-19 on the market in the region.