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Lighting As A Service Market

Lighting as a Service - Global Market Outlook (2019-2027)

5.0 (48 reviews)
Published: March 2021 ID: SMRC20360
5.0 (48 reviews)
Published: March 2021 ID: SMRC20360

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Lighting as a Service market is accounted for $171.03 million in 2019 and is expected to reach $3,473.41 million by 2027 growing at a CAGR of 45.7% during the forecast period. Government policies & regulations for the adoption of energy-efficient lighting systems, zero capital cost model & improved financial benefits are the major factors driving the market growth. However, lack of awareness about the value of a service-oriented model of lighting, and difficulty in affordable financing are factors restraining the market growth.

Lighting as a service (LaaS) is referred to as the third-party management of lighting systems which includes services such as design and installation, other technical requirements, and maintenance. Lighting as a service is a better version of lighting that enables the move from old-style lighting to smart lighting with the help of sensors and internet of things (IoT) technology. This reduces the cost and enhances the efficiency of energy without any investment from the end-users side. 

Based on the end user, the commercial segment is going to have high growth during the forecast period due to factors such as increased energy savings and overall cost reductions accelerating the widespread adoption of lighting-as-a-service by various commercial organizations. By geography, North America is going to have lucrative growth during the forecast period owing to the rapid development of smart cities in the U.S. has surged the need for energy-efficient lighting systems, growing demand for energy-saving lighting solutions by large warehouses and manufacturing units.

Some of the key players profiled in the Lighting as a Service Market include Acuity Brands Lighting, Inc,  Cree Inc., Facility Solutions Group, Future Energy Solutions, General Electric Lighting, Philips N.V., Koninklijke Philips N.V, Lunera Lighting,  Lutron Electronics Co., Inc, SIB Energy, LLC, UrbanVolt, Zumtobel Group AG, Igor Inc.,  Itelecom, Cooper Industries, Inc and Every Watt Matters.

Components Covered:
• Luminaires & Control Equipment
• Transmitters and Receivers
• Maintenance Services
• Software & Communication Systems
• Microprocessors and Microcontrollers
• Switches and Dimmers
• Light-Emitting Diode (LED) Drivers
• Sensors

Services Covered:
• Recycling of Equipment
• Lighting System Installation
• Maintenance and Management   

Installations Covered:
• Indoor
• Outdoor 

End Users Covered:
• Industrial
• Municipal
• Residential
• Commercial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary         
          
2 Preface      
   
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 End User Analysis        
 3.7 Emerging Markets        
 3.8 Impact of Covid-19        
           
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Lighting as a Service Market, By Component         
 5.1 Introduction        
 5.2 Luminaires & Control Equipment        
 5.3 Transmitters and Receivers        
 5.4 Maintenance Services        
 5.5 Software & Communication Systems        
 5.6 Microprocessors and Microcontrollers        
 5.7 Switches and Dimmers        
 5.8 Light-Emitting Diode (LED) Drivers        
 5.9 Sensors        
          
6 Global Lighting as a Service Market, By Service     
    
 6.1 Introduction        
 6.2 Recycling of Equipment        
 6.3 Lighting System Installation        
 6.4 Maintenance and Management        
          
7 Global Lighting as a Service Market, By Installation         
 7.1 Introduction        
 7.2 Indoor        
 7.3 Outdoor         
          
8 Global Lighting as a Service Market, By End User         
 8.1 Introduction        
 8.2 Industrial        
 8.3 Municipal        
 8.4 Residential        
 8.5 Commercial        
          
9 Global Lighting as a Service Market, By Geography         
 9.1 Introduction        
 9.2 North America        
  9.2.1 US       
  9.2.2 Canada       
  9.2.3 Mexico       
 9.3 Europe        
  9.3.1 Germany       
  9.3.2 UK       
  9.3.3 Italy       
  9.3.4 France       
  9.3.5 Spain       
  9.3.6 Rest of Europe       
 9.4 Asia Pacific        
  9.4.1 Japan       
  9.4.2 China       
  9.4.3 India       
  9.4.4 Australia       
  9.4.5 New Zealand       
  9.4.6 South Korea       
  9.4.7 Rest of Asia Pacific        
 9.5 South America        
  9.5.1 Argentina       
  9.5.2 Brazil       
  9.5.3 Chile       
  9.5.4 Rest of South America       
 9.6 Middle East & Africa        
  9.6.1 Saudi Arabia       
  9.6.2 UAE       
  9.6.3 Qatar       
  9.6.4 South Africa       
  9.6.5 Rest of Middle East & Africa       
          
10 Key Developments         
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 10.2 Acquisitions & Mergers        
 10.3 New Product Launch        
 10.4 Expansions        
 10.5 Other Key Strategies        
          
11 Company Profiling         
 11.1 Acuity Brands Lighting, Inc        
 11.2 Cree Inc.        
 11.3 Facility Solutions Group        
 11.4 Future Energy Solutions        
 11.5 General Electric Lighting        
 11.6 Philips N.V.        
 11.7 Koninklijke Philips N.V        
 11.8 Lunera Lighting        
 11.9 Lutron Electronics Co., Inc        
 11.10 SIB Energy, LLC        
 11.11 UrbanVolt        
 11.12 Zumtobel Group AG        
 11.13 Igor Inc.        
 11.14 Itelecom        
 11.15 Cooper Industries, Inc         
 11.16 Every Watt Matters        


List of Tables          
1 Global Lighting as a Service Market Outlook, By Region (2018-2027) (US $MN)           
2 Global Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)         
3 Global Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)         
4 Global Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)         
5 Global Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)         
6 Global Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)         
7 Global Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)         
8 Global Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)         
9 Global Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)         
10 Global Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)         
11 Global Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)         
12 Global Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)         
13 Global Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)         
14 Global Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)         
15 Global Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)         
16 Global Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)         
17 Global Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)         
18 Global Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)         
19 Global Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)         
20 Global Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)         
21 Global Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)         
22 Global Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)         
23 North America Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)          
24 North America Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)          
25 North America Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)         
26 North America Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)         
27 North America Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)         
28 North America Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)         
29 North America Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)         
30 North America Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)         
31 North America Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)         
32 North America Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)         
33 North America Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)          
34 North America Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)         
35 North America Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)         
36 North America Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)         
37 North America Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)         
38 North America Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)         
39 North America Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)         
40 North America Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)         
41 North America Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)         
42 North America Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)         
43 North America Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)         
44 North America Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)         
45 Europe Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)          
46 Europe Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)         
47 Europe Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)         
48 Europe Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)         
49 Europe Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)         
50 Europe Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)         
51 Europe Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)         
52 Europe Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)         
53 Europe Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)         
54 Europe Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)         
55 Europe Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)         
56 Europe Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)         
57 Europe Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)         
58 Europe Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)         
59 Europe Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)         
60 Europe Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)         
61 Europe Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)         
62 Europe Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)         
63 Europe Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)         
64 Europe Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)         
65 Europe Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)         
66 Europe Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)         
67 Asia Pacific Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)          
68 Asia Pacific Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)         
69 Asia Pacific Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)         
70 Asia Pacific Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)         
71 Asia Pacific Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)         
72 Asia Pacific Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)         
73 Asia Pacific Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)         
74 Asia Pacific Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)         
75 Asia Pacific Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)         
76 Asia Pacific Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)         
77 Asia Pacific Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)         
78 Asia Pacific Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)         
79 Asia Pacific Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)         
80 Asia Pacific Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)         
81 Asia Pacific Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)         
82 Asia Pacific Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)         
83 Asia Pacific Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)         
84 Asia Pacific Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)         
85 Asia Pacific Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)         
86 Asia Pacific Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)         
87 Asia Pacific Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)         
88 Asia Pacific Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)         
89 South America Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)          
90 South America Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)         
91 South America Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)         
92 South America Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)         
93 South America Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)         
94 South America Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)         
95 South America Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)         
96 South America Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)         
97 South America Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)         
98 South America Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)         
99 South America Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)         
100 South America Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)         
101 South America Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)         
102 South America Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)         
103 South America Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)         
104 South America Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)         
105 South America Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)         
106 South America Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)         
107 South America Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)         
108 South America Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)         
109 South America Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)         
110 South America Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)         
111 Middle East & Africa Lighting as a Service Market Outlook, By Country (2018-2027) (US $MN)          
112 Middle East & Africa Lighting as a Service Market Outlook, By Component (2018-2027) (US $MN)         
113 Middle East & Africa Lighting as a Service Market Outlook, By Luminaires & Control Equipment (2018-2027) (US $MN)         
114 Middle East & Africa Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2027) (US $MN)         
115 Middle East & Africa Lighting as a Service Market Outlook, By Maintenance Services (2018-2027) (US $MN)         
116 Middle East & Africa Lighting as a Service Market Outlook, By Software & Communication Systems (2018-2027) (US $MN)         
117 Middle East & Africa Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2027) (US $MN)         
118 Middle East & Africa Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2027) (US $MN)         
119 Middle East & Africa Lighting as a Service Market Outlook, By Light-Emitting Diode (LED) Drivers (2018-2027) (US $MN)         
120 Middle East & Africa Lighting as a Service Market Outlook, By Sensors (2018-2027) (US $MN)         
121 Middle East & Africa Lighting as a Service Market Outlook, By Service (2018-2027) (US $MN)         
122 Middle East & Africa Lighting as a Service Market Outlook, By Recycling of Equipment (2018-2027) (US $MN)          
123 Middle East & Africa Lighting as a Service Market Outlook, By Lighting System Installation (2018-2027) (US $MN)         
124 Middle East & Africa Lighting as a Service Market Outlook, By Maintenance and Management (2018-2027) (US $MN)          
125 Middle East & Africa Lighting as a Service Market Outlook, By Installation (2018-2027) (US $MN)         
126 Middle East & Africa Lighting as a Service Market Outlook, By Indoor (2018-2027) (US $MN)         
127 Middle East & Africa Lighting as a Service Market Outlook, By Outdoor (2018-2027) (US $MN)         
128 Middle East & Africa Lighting as a Service Market Outlook, By End User (2018-2027) (US $MN)         
129 Middle East & Africa Lighting as a Service Market Outlook, By Industrial (2018-2027) (US $MN)         
130 Middle East & Africa Lighting as a Service Market Outlook, By Municipal (2018-2027) (US $MN)         
131 Middle East & Africa Lighting as a Service Market Outlook, By Residential (2018-2027) (US $MN)         
132 Middle East & Africa Lighting as a Service Market Outlook, By Commercial (2018-2027) (US $MN)

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