Smart Lighting & Control Market is Headed to Cross USD 143.88 Million by 2035
Market Research Future (MRFR) has published a cooked research report on the “Global Smart Lighting Market” that contains information from 2019 to 2035. The Smart Lighting Market is estimated to register a CAGR of 20.12% during the forecast period of 2025 to 2035.
MRFR recognizes the following companies as the key players in the Global Smart Lighting Market — Control4 Corp. (Snap One LLC), Lutron Electronics Co. Inc., Signify Holding, Wyze Labs Inc., Sengled, Inter IKEA Holding, Acuity Brands Inc., Hubbell Incorporated, Crestron Electronics Inc., Insteon, EGLO Leuchten GmbH, Eve Systems GmbH, LG Electronics Inc., Wiz Connected Lighting Co. Ltd., and Wipro Lighting Limited.

Smart Lighting & Control Market Highlights
The Global Smart Lighting Market is accounted for to register a CAGR of 20.12% during the forecast period and is estimated to reach USD 143.88 Million by 2035.
The surge in smart city projects, rising adoption of IoT-enabled lighting systems, and government regulations promoting energy-efficient LED solutions are key growth drivers shaping the market. Smart lighting, integrated with advanced sensors and wireless technologies like Zigbee and Wi-Fi, offers automation, real-time data analytics, and significant energy savings—up to 70% compared to traditional systems.
Growing demand for energy efficiency across residential, commercial, and industrial sectors, coupled with rising urbanization, is accelerating installations of smart LED lighting in both new and retrofit applications. Moreover, government initiatives promoting sustainability, such as energy efficiency programs in North America and Europe, are further boosting market adoption.
Industry players are actively investing in R&D and forming strategic partnerships to expand global reach. For instance, Signify launched its Philips Hue Secure system integrating lighting with security features; Acuity Brands acquired KE2 Therm Solutions to strengthen its smart building portfolio; and Lutron Electronics unveiled its Athena Wireless Node, enhancing commercial energy management.
Segment Analysis
The Global Smart Lighting Market has been segmented based on Installation Type, Offering, End Use Application, Communication Technology, and Region.
· Based on Installation Type, the market is segmented into New Installations and Retrofit Installations. The New Installation segment dominated the market with 68.19% share in 2024 and is projected to register a CAGR of 18.9% through 2035. Growth is attributed to the increasing adoption of energy-saving solutions in commercial and industrial infrastructures and rising smart city developments globally.
· Based on Offering, the market is categorized into Hardware, Software, and Services. The Hardware segment, particularly Lights and Luminaires, is expected to witness substantial growth due to the increasing use of LED-based smart bulbs and fixtures that enable dimming, color changes, and app-based control.
· Based on End Use Application, the market is divided into Indoor (Residential, Commercial, Industrial) and Outdoor (Highways, Public Spaces, Architectural Lighting). The Residential segment is expected to expand rapidly as consumers adopt smart lighting for ambiance creation and energy optimization.
· Based on Communication Technology, the market is segmented into Wired and Wireless. Wired technology leads due to its reliability in large-scale installations such as industrial and healthcare facilities. However, the Wireless segment is growing swiftly, driven by the demand for flexible, scalable, and easily deployable systems in homes and commercial buildings.
Region Analysis
By Region, the Smart Lighting Market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
· North America held a 41.5% market share in 2024, driven by early technology adoption, strong industry presence, and increasing deployment of smart street lighting projects across the United States and Canada.
· Europe is witnessing strong regulatory support for energy-efficient lighting, with smart LED luminaires becoming a standard across highways, parking facilities, and indoor commercial spaces.
· Asia-Pacific is projected to record the fastest growth, with a CAGR of 23.7% during the forecast period, fueled by rapid urbanization, rising infrastructure investments, and government-backed smart city programs across China, India, and Japan.
· Middle East and Africa are also showing increasing adoption due to large-scale infrastructure development, sustainability goals, and new eco-smart city projects, particularly in the GCC region.
Key Findings of the Study
· The Global Smart Lighting Market is expected to reach USD 143.88 Million by 2035, at a CAGR of 20.12% during the forecast period.
· North America accounted for the largest market share in 2024.
· Based on Installation Type, the New Installation segment held the dominant market share in 2024.
· Based on Offering, the Lights and Luminaires sub-segment under Hardware is expected to grow significantly during the forecast period.
· Control4 Corp. (Snap One LLC), Signify Holding, and Lutron Electronics Co. Inc. are recognized as key market leaders driving technological innovation and ecosystem integration.
Related Reports
https://www.marketresearchfuture.com/reports/smart-lighting-market-991