Global Lighting Control System Market Size & Outlook
The lighting control system industry worldwide is expected to reach a projected revenue of US$ 76,690.8 million by 2030. A compound annual growth rate of 12.8% is expected of the worldwide lighting control system industry from 2024 to 2030.
Revenue, 2023 (US$M)
$32,929.5
Forecast, 2030 (US$M)
$76,690.8
CAGR, 2024 - 2030
12.8%
Report Coverage
Worldwide
Global lighting control system market, 2018-2030 (US$M)
Global lighting control system market highlights
- The global lighting control system market generated a revenue of USD 32,929.5 million in 2023 and is expected to reach USD 76,690.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 12.8% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 32,929.5 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 32,929.5 million |
| Market revenue in 2030 | USD 76,690.8 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global lighting control system market in 2023.
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Lighting Control System Market Scope
Lighting control system market segmentation & scope
Software
Web Based
Cloud based
Communication Protocols
Wired
Wireless
End Use
Indoor
Residential
Commercial
Outdoor
Highways and Roadways
Architectural
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Lighting Control System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global lighting control system market size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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