What is the current Lighting as a Service Market size?

The Lighting as a Service Market is projected to register a CAGR of 50.04% during the forecast period (2024-2029) Read More

Who are the key players in Lighting as a Service Market?

Every Watt Matters, Lumenix, Stouch Lighting, LEDVANCE GmbH and Signify Holdings are the major companies operating in the Lighting as a Service Market. Read More

Which is the fastest growing region in Lighting as a Service Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Lighting as a Service Market?

In 2024, the Europe accounts for the largest market share in Lighting as a Service Market. Read More

What years does this Lighting as a Service Market cover?

The report covers the Lighting as a Service Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Lighting as a Service Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Lighting as a Service Market Share

Statistics for the 2023 & 2024 Lighting as a Service market share, created by Mordor Intelligence™ Industry Reports. Lighting as a Service share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Lighting as a Service Industry

The lighting as a service market is fragmented. The key players in the market include Every Watt Matters, Lumenix, Stouch Lighting, LEDVANCE GmbH, Signify Holdings, and ESB Light Manufacture of LED Luminaires among others. The players leverage the market growth by enhancing their product line driven by efficiency, ease of use, and technological advancements. Moreover, various government implementation is further leading to more adoption of LED lighting, which is catering to the market growth of lighting as a service

August 2020 - LEDVANCE GmbH announced the LEDVANCE and Bosch Smart Home lighting solutions for the smart home. The integration of LEDVANCE Smart+ products into the Bosch Smart Home System makes the application even easier for customers it is a high-quality solution for a safe home without the need for an additional bridge.
July 2020 - Enlighted Inc offers its award-winning technology in a new Surface Sensor designed for quick and easy deployments at scale across enterprise portfolios. Enlighted's latest sensor makes activity-based workspaces, conference rooms, and commercial buildings smarter, safer, more efficient, and improves the occupant experience. The sensor captures data including occupancy detection, temperature, ambient lighting levels and is also equipped with Bluetooth LE capabilities to communicate with other IoT devices and applications.
January 2020 - Signify NV extended its LED Toplighting compact range to simplify switch to LED grow lights in the greenhouse. The company introduced a high-efficiency version to reduce running costs or for a high output version for different crops. The solution offered can be connected with GrowWise Control System and consumes 50% less energy.