Smart Lighting Companies

The smart lighting market is expected to grow from USD 9.86 billion in 2025 to reach USD 17.38 billion by 2030, growing at a CAGR of 12.0% from 2025 to 2030. Growing penetration of data analytics in smart lighting, technological advances such as AI and edge computing, rising smart city initiatives globally, and increasing adoption of LEDs and luminaires in outdoor applications are some of the major drivers influencing the market growth.

A few key smart lighting players are Signify Holding (Netherlands), Legrand (France), Acuity Brands, Inc. (US), Panasonic Holdings Corporation (Japan), ams-OSRAM AG (Austria), LEDVANCE GmbH (Germany), Wipro Lighting (India), and Zumtobel Group (Austria). Key strategies adopted by the players in the smart lighting market ecosystem include product launches, developments, partnerships, acquisitions, expansions, and collaborations in order to increase their market share and expand their presence in the market.

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Major Smart Lighting companies include:

• Signify Holding (Netherlands)
• Legrand (France)
• Acuity Brands, Inc. (US)
• Panasonic Holdings Corporation (Japan)
• ams-OSRAM AG (Austria)
• LEDVANCE GmbH (Germany)
• Wipro Lighting (India)
• Zumtobel Group (Austria)

Signify Holding

Signify Holding's comprehensive line of connected lighting solutions, ongoing investments in technology, and strong brand identity give it a significant competitive advantage in the smart lighting market. Utilizing its expertise in Internet of Things-based lighting systems, the company offers advanced automation, control, and energy-saving solutions for use in commercial, industrial, and residential settings. Notably, its Consumer and Professional segments, which provide smart lighting solutions, accounted for more than 85% in 2024 of its total sales, highlighting its strong market focus. With a well-established global presence and a strong distribution network, Signify effectively reaches diverse markets, including high-growth regions.

Legrand

Legrand provides an extensive selection of lighting fixtures, sensors, switches, and lighting control solutions, including smart lighting control modules designed to enhance the efficiency and functionality of lighting systems. These products include advanced technologies that enable remote control, scheduling, and automation of lighting operations. The firm is also actively involved in the advancement and integration of smart lighting technology. Legrand has been dedicated to offering innovative solutions that address the evolving needs and preferences of its customers, as proved through its progress in smart lighting. Legrand's international presence, comprising 38,000 employees across almost 90 nations, enables it to efficiently serve a broad scope of markets and maintain a competitive edge. In addition, the firm's commitment to innovation and sustainability enhances its position as a market leader.

Acuity Brands, Inc.

Acuity Brands, Inc. is well-positioned in the market with its comprehensive distribution network and capability to provide smart lighting solutions efficiently. Acuity Brands offers a diversified product lineup, including switches, sensors, lighting controls, software, and several smart lighting control modules. The company covers a broad spectrum of applications, such as indoor, outdoor, industrial, and specialty lighting, and holds leading positions in both the commercial and residential lighting markets. Its leadership in the smart lighting market is also backed by its high brand reputation and customer orientation. The company is also supported by favorable government regulations favoring connected and smart lighting solutions, and it has a solid presence in the US and Mexican lighting markets.

Market Ranking

The market ranking for key companies such as Signify Holding (Netherlands), Acuity Brands, Inc. (US), Zumtobel Group (Austria), Legrand (France), and Panasonic Holdings Corporation (Japan), is based on several key determinants, which include market share, product portfolio, technological innovations, sustainability initiatives, industries served, and global presence. Signify Holding maintains industry leadership through its combined strengths from Philips Hue and Interact products alongside its dedicated commitment to connected lighting systems. Acuity Brands operates as a major IoT-led lighting provider in North America by offering multiple systems that power commercial and industrial buildings. Zumtobel Group provides high-end lighting solutions with a design focus which serves premium architectural spaces alongside commercial establishments. Panasonic Holdings utilizes its capabilities from electronics and AI to build energy-efficient smart lighting solutions that serve residential and commercial markets. Legrand has united building automation capabilities with their smart lighting solutions to provide better energy efficiency together with connectivity features.

Company Evaluation Matrix

Smart lighting market players' positions are illustrated through the Company Evaluation Matrix which utilizes market share and product range as evaluation criteria. The evaluation method segments companies across four groups called Stars, Emerging Leaders, Participants, and Pervasive Players, to showcase their positions regarding innovative solutions and connected services with energy-efficient lighting technologies.

Related Reports:

Smart Lighting Market by Lights and Luminaire, Lighting Controls, LED Drivers and Ballasts, Sensors, Switches, Gateways, Dimmers, Relay Units, DALI, Power over Ethernet (PoE), Power Line Communications (PLC) and Zigbee - Global Forecast to 2030

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