Global Smart LED Lighting Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Wired and Wireless.

By Technology;

Hybrid, Dali, Wi-Fi, Bluetooth, and Zigbee.

By Distribution Channel;

Online and Offline.

B Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn821050843 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Smart LED Lighting Market (USD Million), 2021 - 2031

In the year 2024, the Global Smart LED Lighting Market was valued at USD 27,209.42 million. The size of this market is expected to increase to USD 125,447.47 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 24.4%.


Global Smart LED Lighting Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 24.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)24.4 %
Market Size (2024)USD 27,209.42 Million
Market Size (2031)USD 125,447.47 Million
Market ConcentrationLow
Report Pages315
27,209.42
2024
125,447.47
2031

Major Players

  • Osram Licht AG
  • Acuity Brands, Inc.
  • Cree, Inc.
  • Eaton Corporation
  • Zumtobel Group AG
  • Hubbell Incorporated
  • Legrand S.A.
  • Lutron Electronics Co., Inc.
  • Leviton Manufacturing Co., Inc.
  • Feilo Sylvania

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Smart LED Lighting Market

Fragmented - Highly competitive market without dominant players


The Global Smart LED Lighting Market represents a transformative segment within the broader lighting industry, revolutionizing how we illuminate and interact with our surroundings. Smart LED lighting solutions integrate cutting-edge LED technology with advanced connectivity and control capabilities, offering users unprecedented levels of customization, energy efficiency, and convenience. These innovative lighting systems have emerged as a cornerstone of the smart home ecosystem, reshaping the way we illuminate residential, commercial, and industrial spaces.

Smart LED lighting solutions are characterized by their ability to adjust brightness levels, color temperatures, and lighting scenes to suit various activities, moods, and preferences. Through intuitive smartphone apps, voice assistants, or smart home platforms, users can remotely control and automate their lighting environments, creating personalized experiences tailored to their lifestyle. Whether it's setting the perfect ambiance for a cozy evening at home, optimizing productivity in a workspace, or enhancing security with motion-activated lighting, smart LED lighting solutions offer versatility and adaptability for diverse applications.

Moreover, the Global Smart LED Lighting Market is driven by factors such as increasing consumer awareness of energy efficiency, growing adoption of smart home technologies, and the rising demand for sustainable lighting solutions. Smart LED lighting solutions offer significant energy savings compared to traditional lighting technologies, helping users reduce electricity bills and minimize their environmental footprint. As governments worldwide implement regulations and incentives to promote energy efficiency and environmental conservation, smart LED lighting is increasingly recognized as a key enabler of sustainable development. By providing efficient, connected, and intelligent lighting solutions, the Global Smart LED Lighting Market is at the forefront of shaping the future of lighting technology and smart living environments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Smart LED Lighting Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Energy Efficiency and Sustainability
        2. Integration with Smart Home Ecosystems
        3. Enhanced Control and Customization
      2. Restraints
        1. High Initial Costs
        2. Compatibility Issues
        3. Concerns Regarding Data Security and Privacy
      3. Opportunities
        1. Technological Advancements
        2. Growing Demand for Smart Lighting
        3. Expansion into Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Smart LED Lighting Market, By Product, 2021 - 2031 (USD Million)
      1. Wired
      2. Wireless
    2. Global Smart LED Lighting Market, By Technology, 2021 - 2031 (USD Million)
      1. Hybrid
      2. Dali
      3. Wi-Fi
      4. Bluetooth
      5. Zigbee
    3. Global Smart LED Lighting Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online
      2. Offline
    4. Global Smart LED Lighting Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Osram Licht AG
      2. Acuity Brands, Inc.
      3. Cree, Inc.
      4. Eaton Corporation
      5. Zumtobel Group AG
      6. Hubbell Incorporated
      7. Legrand S.A.
      8. Lutron Electronics Co., Inc.
      9. Leviton Manufacturing Co., Inc.
      10. Feilo Sylvania
  7. Analyst Views
  8. Future Outlook of the Market