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Intelligent Lighting Market Size (2024 - 2029)

The intelligent lighting market is experiencing growth driven by increased investments in entertainment and sporting events, such as musical concerts and stage shows, which demand advanced lighting solutions. The adoption of intelligent lighting in nightclubs for enhanced effects further contributes to the market's expansion. However, the high cost of these fixtures poses a challenge, leading some event organizers to opt for rental services, which slightly hampers the market's growth potential.

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Market Size of Intelligent Lighting Industry

Intelligent Lighting Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.40 %
Fastest Growing Market North America
Largest Market North America
Market Concentration High

Major Players

Intelligent Lighting Market Key Players

*Disclaimer: Major Players sorted in no particular order

Intelligent Lighting Market Analysis

The intelligent lighting market is expected to grow at a CAGR of 5.40% over the forecast period (2021 - 2026). The intelligent lightings are generally referred to automated lightings used in event stages to provide extraordinary complex effects. The products are designed with intelligent programs which reduces the role of lighting operator, hence getting more emphasis on products itself.

  • Significant rise in the investments for the entertainment and sporting events including musical concerts, stage shows is one of the significant factor driving the intelligent lighting market. According to the Citi Research, The United States and European countries have witnessed a significant growth in the live events. The Europe region registered over 12% increase in its live concerts and festivals in 2018.
  • Additionally, the night clubs are extensively adopting intelligent lightings for offering enhanced lighting effects. Recently, one of the popular night club in Belgium partnered with Martin Harman to install lighting fixtures to support a full schedule of weekly dance parties and DJ sets after rennovation. It installed 24 RUSH MH 10 Beam FX fixtures, which is a compact 60W moving head fixture.
  • However, the high cost of the fixtures is somewhere limiting the event organizers to go for rental services rather than adopting them. This is one of the factor restricting the intelligent lighting market growth.

Intelligent Lighting Industry Segmentation

The scope of the study for the intelligent lighting market has considered the companies offering these type of lighting solutions for a wide range of applications across the geographical regions.

By Light Source
LED
HID
Laser
By Application
Indoor
Outdoor
By End User
Theaters and Concerts
TV Studios
Commercial Places
Other End Users
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
Rest of the World
Latin America
Middle-East & Africa
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Intelligent Lighting Market Size Summary

The intelligent lighting market is experiencing a notable expansion, driven by increased investments in entertainment and sporting events such as concerts and stage shows. These automated lighting systems, designed to reduce the need for manual operation, are gaining traction in venues like nightclubs, where enhanced lighting effects are in demand. The adoption of LED technology has further propelled the market, as it becomes the preferred choice for both residential and commercial applications. The trend towards creating iconic architectural structures has also contributed to the market's growth, with intelligent lighting being used to enhance these designs. Outdoor applications, particularly in music concerts, are seeing a rise in the use of intelligent lighting systems, further boosting market demand.

In Europe, the intelligent lighting market is bolstered by its vibrant nightlife and fashion industries, with major cities like Amsterdam, Monte Carlo, and Berlin leading the way. The region's focus on enhancing event experiences through strategic partnerships and product innovations is driving market growth. The market is moderately consolidated, with a few key players dominating and continuously investing in strategic partnerships and product developments. Recent advancements, such as PR Lighting's release of the XR 580 Beam, highlight the ongoing innovation within the industry. Companies like Samsung Electronics Co. Ltd, Coemar Lighting Srl, and Clay Paky SpA are actively contributing to the market's expansion through their offerings and collaborations.

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Intelligent Lighting Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Growth in Entertainment and Sports Events

    3. 1.3 Market Restraints

      1. 1.3.1 High Unit Cost is Leading Businesses to Go for Rental Services of these Equipments

    4. 1.4 Industry Value Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Technology Snapshot

      1. 1.6.1 Profile Lights

      2. 1.6.2 Spot Lights

      3. 1.6.3 Wash Lights

      4. 1.6.4 beam and hybrid Lights

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Light Source

      1. 2.1.1 LED

      2. 2.1.2 HID

      3. 2.1.3 Laser

    2. 2.2 By Application

      1. 2.2.1 Indoor

      2. 2.2.2 Outdoor

    3. 2.3 By End User

      1. 2.3.1 Theaters and Concerts

      2. 2.3.2 TV Studios

      3. 2.3.3 Commercial Places

      4. 2.3.4 Other End Users

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

      2. 2.4.2 Europe

        1. 2.4.2.1 United Kingdom

        2. 2.4.2.2 Germany

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 Rest of Asia-Pacific

      4. 2.4.4 Rest of the World

        1. 2.4.4.1 Latin America

        2. 2.4.4.2 Middle-East & Africa

Intelligent Lighting Market Size FAQs

The Intelligent Lighting Market is projected to register a CAGR of 5.40% during the forecast period (2024-2029)

Samsung Electronics Co. Ltd (Harman Professional France SAS), Coemar Lighting Srl, High End Systems Inc, Guangzhou guanghong Stage Lighting Equipment Co., Ltd. and Clay Paky SpA are the major companies operating in the Intelligent Lighting Market.

Intelligent Lighting Market Report Snapshots

Intelligent Lighting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)