Global Smart Led Lighting Market Size & Outlook, 2018-2025

The smart led lighting industry worldwide is expected to reach a projected revenue of US$ 34,176.4 million by 2025. A compound annual growth rate of 24.6% is expected of the worldwide smart led lighting industry from 2019 to 2025.
Revenue, 2018 (US$M)
$7,320.8
Forecast, 2025 (US$M)
$34,176.4
CAGR, 2019 - 2025
24.6%
Report Coverage
Worldwide

Global smart led lighting market highlights

  • The global smart led lighting market generated a revenue of USD 7,320.8 million in 2018 and is expected to reach USD 34,176.4 million by 2025.
  • The market is expected to grow at a CAGR (2019 - 2025) of 24.6% by 2025.
  • In terms of segment, wired accounted for a revenue of USD 6,021.4 million in 2018.
  • Wireless is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2018.
  • Country-wise, South Africa is expected to register the highest CAGR from 2019 to 2025.

Global data book summary

Market revenue in 2018USD 7,320.8 million
Market revenue in 2025USD 34,176.4 million
Growth rate24.6% (CAGR from 2018 to 2025)
Largest segmentWired
Fastest growing segmentWireless
Historical data covered2015 - 2017
Base year for estimation2018
Forecast period covered2019 - 2025
Quantitative unitsRevenue in USD million
Market segmentationWired, Wireless

Other key industry trends

  • In terms of revenue, the North America accounted for 33.1% of the global smart led lighting market in 2018.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2025.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 174.0 million by 2025.

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Smart LED Lighting Market Companies

Name Profile # Employees HQ Website

Global smart led lighting market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart led lighting market will help companies and investors design strategic landscapes.


Wired was the largest segment with a revenue share of 82.25% in 2018. Horizon Databook has segmented the Global smart led lighting market based on wired, wireless covering the revenue growth of each sub-segment from 2015 to 2025.


  • Global Smart LED Lighting Product Outlook (Revenue, USD Million, 2015-2025)
    • Wired
    • Wireless
  • Global Smart LED Lighting Technology Outlook (Revenue, USD Million, 2015-2025)
    • Hybrid
    • Dali
    • Wifi
    • Bluetooth
    • Zigbee
  • Global Smart LED Lighting Distribution channel Outlook (Revenue, USD Million, 2015-2025)
    • Online
    • Offline

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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart led lighting market , including forecasts for subscribers. This global databook contains high-level insights into Global smart led lighting market from 2015 to 2025, including revenue numbers, major trends, and company profiles.

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Global smart led lighting market size, by regions, 2015-2025 (US$M)

Top 10 countries: Smart led lighting market size, 2018 (US$M)

Global smart led lighting market share, by product, 2018 & 2025 (%, US$M)

Smart led lighting market: Opportunity assessment by country

Global smart led lighting market, by region, 2018 (US$M)

Global smart led lighting market size, by regions, 2015-2025 (US$M)

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