Europe Smart Lighting Market Research Report, 2028

The Europe Smart Lighting market is anticipated to add more than USD 8.5 Billion from 2023 to 2028, due to increase in smart home integration.

Featured Companies

  • 1. Honeywell International Inc.
  • 2. Osram Lighting Private Limited
  • 3. Panasonic Corporation
  • 4. ABB Group
  • 5. Itron, Inc.
  • 6. Signify Holding
  • More...

Europe is setting the bar for developing performance and safety standards for specific indoor commercial smart lighting for parking lots, roads, and garages. Dedicated LED luminaires and LED smart replacement lamps are developing as key growth areas in the lighting industry, in line with on-going improvements in LED designs and technology. To enter the market, existing manufacturers diversify their product offerings. Established smart lighting manufacturers, on the other hand, update their product offerings on a regular basis for applications such as down lighting, task lighting, landscape lighting, general ambient illumination, and outdoor general area lighting. There is a developing surplus of specialist smart lighting vendors. Increased installation of smart LED lighting to conserve energy and minimise energy consumption expenses in nations such as Germany, the United Kingdom, and France is driving market revenue growth in the area. The region's introduction of connected city lighting systems with multi-level intelligent control, which connects street lamps to the IoT, is boosting market revenue growth to some extent. Increased commercial building construction for office, retail, and entertainment uses is increasing demand for smart lighting, boosting market revenue growth in this region. The demand for smart lighting solutions in the commercial, residential, and government sectors will drive significant growth in Europe's smart lighting industry in the future. Factors such as improved general living standards and increased disposable income of the regional population will amplify product demand. Because of an increase in research activities to discover sustainable solutions to conventional lighting systems, the COVID-19 pandemic has favourably influenced the implementation of smart lighting technologies. Smart lights have also gained traction in the pharmaceutical sector in the region due to its potential to eradicate hazardous microorganisms through light therapy. Because they are simple to place in a variety of public settings, these lights offer an innovative and cost-effective way to reduce the risk of infection. As more businesses opt for low-cost, eco-friendly lighting, the need for smart lights will increase. According to the research report, “Europe Smart Lighting Market Research Report, 2028” published by Actual Market Research, the market is anticipated to add more than USD 8.5 Billion from 2023 to 2028. Europeans have a strong focus on energy efficiency and environmental sustainability. Smart lighting offers significant energy savings compared to traditional lighting systems. Europeans are conscious of the environmental impact of excessive energy consumption and are eager to adopt technologies that reduce their carbon footprint. European cities are often characterized by historical architecture and a focus on modernizing infrastructure. Smart lighting provides an opportunity to blend modern technology with traditional aesthetics. The ability to control lighting remotely, adjusts brightness levels, and creates dynamic lighting effects appeals to urban planners, architects, and homeowners who seek innovative and efficient lighting solutions. In addition to that, Europeans have embraced the concept of smart homes, where various devices and systems are interconnected for increased comfort, convenience, and energy efficiency. Smart lighting is an integral part of smart home ecosystems. Europeans value the ability to control lighting remotely, create personalized lighting scenes, and integrate lighting with other smart devices like voice assistants, security systems, and entertainment systems. European cultures have a rich history of valuing lighting as an essential element of ambiance, mood, and aesthetics. Smart lighting allows for greater control and customization of lighting effects, colors temperatures, and dimming levels. Europeans appreciate the ability to create unique lighting experiences for different occasions.

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Based on the countries, Germany has been at the forefront of the energy transition, with a strong emphasis on renewable energy sources and energy efficiency. Smart lighting solutions offer energy-saving capabilities, such as dimming, occupancy sensors, and daylight harvesting, which align with Germany's energy goals and regulations. The ability to optimize energy usage and reduce waste through smart lighting systems has contributed to their popularity in the country. Germany is known for its technological leadership and innovation. The country is home to several prominent lighting manufacturers, technology companies, and research institutions. This strong technological base has fostered the development and availability of advanced smart lighting solutions in Germany. The presence of cutting-edge technology and expertise supports the growth and adoption of smart lighting in the country. However, there is a growing awareness of the need of home and industrial security in France, and demand for smart home and industrial automation systems, including smart lighting, is expected to increase. Smart lighting may indeed give an extra degree of protection to homes and businesses, which may assist to increase demand for smart lighting systems in France. To provide a full security solution, smart lighting systems can be linked with other smart home or industrial automation systems, such as security cameras and motion sensors. Furthermore, the French government programmes in France that promote energy efficiency and sustainable development, which can further boost the adoption of smart lighting systems that are both energy-efficient and give added security benefits, can increase the adoption of smart lighting systems. Based on the offerings, hardware segment is dominating the market in 2022. European countries have implemented strict energy regulations and standards, such as the European Union's Eco-design Directive and Energy Performance of Buildings Directive. These regulations push for the adoption of energy-efficient lighting solutions. Smart lighting, with its ability to optimize energy usage and reduce waste through features like occupancy sensors and dimming controls, aligns well with these requirements. For instance, Eco-design Directive (ErP Directive) sets mandatory requirements for energy-related products, including lighting products. It aims to improve the environmental performance of products placed on the European market. The directive establishes minimum energy efficiency and performance standards for lighting products, including smart lighting solutions whereas; Energy Performance of Buildings Directive (EPBD) focuses on improving the energy performance of buildings. It requires member states to establish regulations for energy-efficient lighting in new buildings, as well as renovation projects. This directive encourages the use of energy-efficient lighting solutions, including smart lighting systems, in residential and commercial buildings. European governments have actively supported the adoption of energy-efficient technologies, including smart lighting. They provide incentives such as rebates, grants, and tax benefits to promote the installation of smart lighting systems. These incentives encourage individuals, businesses, and municipalities to invest in smart lighting solutions. Further, Europe is home to several leading lighting manufacturers, technology companies, and start-ups. The region has witnessed significant technological advancements in smart lighting systems. The availability of a wide range of smart lighting products, from retrofit solutions to comprehensive systems, has contributed to the widespread adoption in Europe. The increased adoption of digital workplaces for smart, cost-effective, and flexible working environments is also predicted to boost the growth of the European smart lighting market. The Edge in Amsterdam is a model smart office block in Europe. PoE lighting solutions have been deployed in commercial buildings because they provide intelligent lighting controls, a comfortable work environment, and flexible control. The substantial size of the European market can be attributable to rising energy saving awareness and the implementation of numerous government initiatives. Large disposable income, a higher level of living, and growing deployment of smart lighting solutions in the residential, commercial, and government sectors are driving the growth of the European smart lighting market. Europe is pioneering the development of safety and standardised performance standards for specific indoor commercial smart lighting applications such as garages, highways, and parking. With the continuing developments in LED designs and technology, dedicated LED luminaires and LED replacement smart bulbs are emerging as significant growth areas in the lighting industry. While incumbent smart lighting manufacturers update their product offers on a regular basis, established manufacturers are expanding their product portfolio in order to enter the market. The growth of smart cities in Europe has increased demand for intelligent lighting solutions. It is also a major contributor to the growth of the region's smart lighting sector. Around 75% of Europe's population lives in urban area. The EU's urban regions largely contribute to the EU's energy consumption and greenhouse gas emissions, which have a considerable impact on climate change. Countries such as Germany, France, Denmark, and Spain are implementing energy-efficient lighting systems to increase illumination quality while lowering total operational costs, hence increasing demand for intelligent lighting goods and services.

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Kripa Shah

Kripa Shah

Senior Analyst

Based on the application, the European market is segmented into indoor and outdoor applications. Among them, the indoor segment is dominated the market in 2022 acquiring more than half of the market. In Europe, homeowners are adopting smart lighting systems for enhanced comfort, convenience, energy efficiency, and ambiance control. These systems allow users to adjust lighting levels, create personalized lighting scenes, and control lights remotely through mobile apps or voice assistants. Smart lighting in residential applications often includes features like dimming, colour-changing capabilities, scheduling, and integration with other smart home devices. However, smart lighting is widely deployed in commercial spaces such as offices, retail stores, restaurants, and hotels. In office environments, smart lighting systems optimize energy usage by incorporating occupancy sensors, daylight harvesting, and task-based lighting. Retail stores utilize smart lighting to create attractive displays, highlight products, and enhance the shopping experience. Hotels and restaurants leverage smart lighting for ambiance control, guest comfort, and energy efficiency. On the other hand, smart lighting is extensively deployed in outdoor applications across Europe. This includes street lighting, public spaces, parks, and façade lighting. Smart street lighting systems use sensors and control mechanisms to adjust lighting levels based on traffic conditions, presence of pedestrians, and environmental factors. Public spaces utilize smart lighting for safety, security, and aesthetic purposes. Façade lighting enhances the visual appeal of buildings, monuments, and landmarks. Based on the installation type, new installation is leading the market in 2022. This installation type is prevalent in Europe as it allows for the seamless integration of smart lighting components into the building's infrastructure. New installations often involve the installation of smart lighting fixtures, sensors, control panels, and other related components from the ground up, ensuring that the entire lighting system is designed with smart capabilities in mind. Based on the communication technology, wireless segment is expected to grow with higher CAGR by the end of the forecast period. Wi-Fi and Bluetooth are popular in residential settings, while Zigbee and Z-Wave find widespread use in both residential and commercial installations. Wi-Fi communication is widely used in Europe for smart lighting applications. It leverages existing Wi-Fi infrastructure, making it convenient for both residential and commercial installations. Wi-Fi-enabled smart lighting systems allow users to control and manage lighting through mobile apps or web interfaces. Wi-Fi also enables integration with other smart devices and platforms, creating a connected and unified smart home or building ecosystem. Bluetooth communication is gaining popularity in Europe for smart lighting systems. Bluetooth-enabled smart lighting products allow for seamless and direct control from smartphones or tablets without the need for an internet connection. Bluetooth Low Energy (BLE) technology offers energy efficiency, making it suitable for battery-powered devices like smart bulbs or sensors. Bluetooth Mesh networking further enhances the scalability and range of Bluetooth-based smart lighting systems, enabling broader coverage in larger buildings or outdoor areas. Powerline communication is preferred in situations where wired communication is desirable or wireless connectivity is challenging. The European market offers a variety of smart lighting solutions based on different communication types to cater to diverse customer preferences and requirements. Recent Product Launches:

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Kripa Shah

• In May, Philips Lighting Holding B.V. acquired LiteMagic Technologies, which is beneficial in expanding high end portfolio products such as luminaires and control systems in the region of China. • In October, OSRAM Opto Semiconductors GmbH launched dynamic in-car lighting, which is beneficial in providing passenger cell, dynamic dimensions, and static light switch for On/Off applications. • In September, Honeywell International launched a new lighting and power management system, which is beneficial in offering efficient lighting, efficient lighting and power-management in retrofit. • In October, Cree, Inc. expanded its industrial lighting portfolio which is linear, high-bay luminaires and beneficial in offering ideal solution for construction and retrofit market. Considered in this report • Geography: Europe • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Countries covered in the report: • Germany • UK • France • Italy • Spain • Russia Aspects covered in this report • Europe Smart Lighting market with its value and forecast along with its segments • On-going trends and developments • Top profiled companies • Strategic recommendation By Offerings: • Hardware • Software • Services By Application: • Indoor • Outdoor By Indoor: • Commercial • Residential • Industrial • Others By Price Range: • Highways & Roadways • Architectural Lighting • Light for public places The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Smart Lighting industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Honeywell International Inc.
  • Osram Lighting Private Limited
  • Panasonic Corporation
  • ABB Group
  • Itron, Inc.
  • Signify Holding
  • Everlight Electronics co. Ltd
  • Opple Lighting Co. Limited
  • Seoul Semiconductor
  • Nvc Lighting Technology Corporation
  • Legrand S.A
  • Zumtobel Group AG
  • Lumileds Holding B.V.
  • Dialight plc

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.4. Covid-19 Effect
  • 2.5. Supply chain Analysis
  • 2.6. Policy & Regulatory Framework
  • 2.7. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Smart Lighting Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Offerings
  • 6.5. Market Size and Forecast, By Installation Type
  • 6.6. Market Size and Forecast, By Application
  • 6.6.1. Market Size and Forecast, By Indoor Application
  • 6.6.2. Market Size and Forecast, By Outdoor Application
  • 6.7. Market Size and Forecast, By Communication Technology
  • 6.7.1. Market Size and Forecast, By Indoor Application
  • 6.7.2. Market Size and Forecast, By Outdoor Application
  • 7. Europe Smart Lighting Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Offerings
  • 7.4. Market Size and Forecast, By Application
  • 7.5. Market Size and Forecast, By Indoor Application
  • 7.6. Market Size and Forecast, By Outdoor Application
  • 7.7. Market Size and Forecast, By Installation Type
  • 7.8. Germany Smart Lighting Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Offerings
  • 7.8.3. Market Size and Forecast By Application
  • 7.8.4. Market Size and Forecast By Indoor Application
  • 7.8.5. Market Size and Forecast By Outdoor Application
  • 7.8.6. Market Size and Forecast By Installation Type
  • 7.9. United Kingdom Smart Lighting Market Outlook
  • 7.9.1. Market Size By Value
  • 7.9.2. Market Size and Forecast By Offerings
  • 7.9.3. Market Size and Forecast By Application
  • 7.9.4. Market Size and Forecast By Indoor Application
  • 7.9.5. Market Size and Forecast By Outdoor Application
  • 7.9.6. Market Size and Forecast By Installation Type
  • 7.10. France Smart Lighting Market Outlook
  • 7.10.1. Market Size By Value
  • 7.10.2. Market Size and Forecast By Offerings
  • 7.10.3. Market Size and Forecast By Application
  • 7.10.4. Market Size and Forecast By Indoor Application
  • 7.10.5. Market Size and Forecast By Outdoor Application
  • 7.10.6. Market Size and Forecast By Installation Type
  • 7.11. Italy Smart Lighting Market Outlook
  • 7.11.1. Market Size By Value
  • 7.11.2. Market Size and Forecast By Offerings
  • 7.11.3. Market Size and Forecast By Application
  • 7.11.4. Market Size and Forecast By Indoor Application
  • 7.11.5. Market Size and Forecast By Outdoor Application
  • 7.11.6. Market Size and Forecast By Installation Type
  • 7.12. Spain Smart Lighting Market Outlook
  • 7.12.1. Market Size By Value
  • 7.12.2. Market Size and Forecast By Offerings
  • 7.12.3. Market Size and Forecast By Application
  • 7.12.4. Market Size and Forecast By Indoor Application
  • 7.12.5. Market Size and Forecast By Outdoor Application
  • 7.12.6. Market Size and Forecast By Installation Type
  • 7.13. Russia Smart Lighting Market Outlook
  • 7.13.1. Market Size By Value
  • 7.13.2. Market Size and Forecast By Offerings
  • 7.13.3. Market Size and Forecast By Application
  • 7.13.4. Market Size and Forecast By Indoor Application
  • 7.13.5. Market Size and Forecast By Outdoor Application
  • 7.13.6. Market Size and Forecast By Installation Type
  • 8. Competitive Landscape
  • 8.1. Competitive Dashboard
  • 8.2. Business Strategies Adopted by Key Players
  • 8.3. Key Players Market Share Insights and Analysis, 2022
  • 8.4. Key Players Market Positioning Matrix
  • 8.5. Porter's Five Forces
  • 8.6. Company Profile
  • 8.6.1. Signify N.V.
  • 8.6.1.1. Company Snapshot
  • 8.6.1.2. Company Overview
  • 8.6.1.3. Financial Highlights
  • 8.6.1.4. Geographic Insights
  • 8.6.1.5. Business Segment & Performance
  • 8.6.1.6. Product Portfolio
  • 8.6.1.7. Key Executives
  • 8.6.1.8. Strategic Moves & Developments
  • 8.6.2. Honeywell International Inc.
  • 8.6.3. Panasonic Holdings Corporation
  • 8.6.4. Legrand S.A.
  • 8.6.5. Osram Licht Ag
  • 8.6.6. Eaton Corporation Plc
  • 8.6.7. ABB Ltd
  • 8.6.8. General Electric Company
  • 8.6.9. Zumtobel Group AG
  • 8.6.10. Everlight Electronics Co, Ltd
  • 8.6.11. Itron Inc.
  • 8.6.12. Opple Lighting Co. Limited
  • 8.6.13. Lumileds Holding B.V.
  • 8.6.14. Seoul Semiconductor
  • 8.6.15. Dialight Plc
  • 8.6.16. NVC Lighting Technology Corporation
  • 9. Strategic Recommendations
  • 10. Annexure
  • 10.1. FAQ`s
  • 10.2. Notes
  • 10.3. Related Reports
  • 11. Disclaimer

List Of Table
Table 1: Global Smart Lighting Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2020
Table 3: Economic Snapshot of Other Prominent Countries 2020
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Smart Lighting Market Size and Forecast, By Offerings (2017 to 2028F) (In USD Billion)
Table 6: Global Smart Lighting Market Size and Forecast, By Installation Type (2017 to 2028F) (In USD Billion)
Table 7: Global Smart Lighting Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 8: Global Smart Lighting Market Size and Forecast, By Indoor Application (2017 to 2028F) (In USD Billion)
Table 9: Global Smart Lighting Market Size and Forecast, By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 10: Global Smart Lighting Market Size and Forecast, By Communication Technology (2017 to 2028F) (In USD Billion)
Table 11: Global Smart Lighting Market Size and Forecast, By Indoor Application (2017 to 2028F) (In USD Billion)
Table 12: Global Smart Lighting Market Size and Forecast, By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 13: Europe Smart Lighting Market Size and Forecast, By Offerings (2017 to 2028F) (In USD Billion)
Table 14: Europe Smart Lighting Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 15: Europe Smart Lighting Market Size and Forecast, By Indoor Application (2017 to 2028F) (In USD Billion)
Table 16: Europe Smart Lighting Market Size and Forecast, By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 17: Europe Smart Lighting Market Size and Forecast, By Installation Type (2017 to 2028F) (In USD Billion)
Table 18: Influencing Factors for Global Smart Lighting Market, 2022
Table 19: Germany Smart Lighting Market Size and Forecast By Offerings (2017 to 2028F) (In USD Billion)
Table 20: Germany Smart Lighting Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 21: Germany Smart Lighting Market Size and Forecast By Indoor Application (2017 to 2028F) (In USD Billion)
Table 22: Germany Smart Lighting Market Size and Forecast By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 23: Germany Smart Lighting Market Size and Forecast By Installation Type (2017 to 2028F) (In USD Billion)
Table 24: United Kingdom Smart Lighting Market Size and Forecast By Offerings (2017 to 2028F) (In USD Billion)
Table 25: United Kingdom Smart Lighting Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 26: United Kingdom Smart Lighting Market Size and Forecast By Indoor Application (2017 to 2028F) (In USD Billion)
Table 27: United Kingdom Smart Lighting Market Size and Forecast By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 28: United Kingdom Smart Lighting Market Size and Forecast By Installation Type (2017 to 2028F) (In USD Billion)
Table 29: France Smart Lighting Market Size and Forecast By Offerings (2017 to 2028F) (In USD Billion)
Table 30: France Smart Lighting Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 31: France Smart Lighting Market Size and Forecast By Indoor Application (2017 to 2028F) (In USD Billion)
Table 32: France Smart Lighting Market Size and Forecast By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 33: France Smart Lighting Market Size and Forecast By Installation Type (2017 to 2028F) (In USD Billion)
Table 34: Italy Smart Lighting Market Size and Forecast By Offerings (2017 to 2028F) (In USD Billion)
Table 35: Italy Smart Lighting Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 36: Italy Smart Lighting Market Size and Forecast By Indoor Application (2017 to 2028F) (In USD Billion)
Table 37: Italy Smart Lighting Market Size and Forecast By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 38: Italy Smart Lighting Market Size and Forecast By Installation Type (2017 to 2028F) (In USD Billion)
Table 39: Spain Smart Lighting Market Size and Forecast By Offerings (2017 to 2028F) (In USD Billion)
Table 40: Spain Smart Lighting Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 41: Spain Smart Lighting Market Size and Forecast By Indoor Application (2017 to 2028F) (In USD Billion)
Table 42: Spain Smart Lighting Market Size and Forecast By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 43: Spain Smart Lighting Market Size and Forecast By Installation Type (2017 to 2028F) (In USD Billion)
Table 44: Russia Smart Lighting Market Size and Forecast By Offerings (2017 to 2028F) (In USD Billion)
Table 45: Russia Smart Lighting Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 46: Russia Smart Lighting Market Size and Forecast By Indoor Application (2017 to 2028F) (In USD Billion)
Table 47: Russia Smart Lighting Market Size and Forecast By Outdoor Application (2017 to 2028F) (In USD Billion)
Table 48: Russia Smart Lighting Market Size and Forecast By Installation Type (2017 to 2028F) (In USD Billion)

List of Figure
Figure 1: Global Smart Lighting Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Global Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 5: Global Smart Lighting Market Share By Region (2022)
Figure 6: Europe Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Europe Smart Lighting Market Share By Country (2022)
Figure 8: Germany Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: UK Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: France Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Italy Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 12: Spain Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 13: Russia Smart Lighting Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 14: Competitive Dashboard of top 5 players, 2022
Figure 15: Porter's Five Forces of Global Smart Lighting Market

Market Research FAQs

Several factors contribute to the growth of the Europe Smart Lighting market, including strict energy efficiency regulations and sustainability initiatives, Increasing adoption of smart home and building automation systems, Growing awareness of the benefits of energy-efficient lighting, Technological advancements like the Internet of Things (IoT) and wireless connectivity and Rising demand for smart city infrastructure and outdoor lighting solutions.

Several countries in Europe are leading in smart lighting adoption, including Germany, United Kingdom, France, Italy, Spain and Russia.

Smart lighting is applied across various sectors in Europe, including Residential, Commercial, Industrial and Outdoor

The Europe Smart Lighting market features key players such as Signify N.V. (formerly Philips Lighting), Osram Licht AG, Zumtobel Group, Tridonic GmbH & Co KG, Fagerhult Group, Thorn Lighting, Regent Lighting and Helvar.
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Europe Smart Lighting Market Research Report, 2028

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