Smart lighting is a lighting technology designed for energy efficiency. This may include high efficiency fixtures and automated controls that make adjustments based on conditions such as occupancy or daylight availability.
Rising awareness regarding the technologies such as wireless optical networking data transmission, light fidelity, and Internet of Things (IoT) is expected positively impact the market.

Market Analysis and Insights: Global Smart LED Lighting Market
The global Smart LED Lighting market size is projected to reach US$ 19420 million by 2027, from US$ 6926.6 million in 2020, at a CAGR of 15.4% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart LED Lighting market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart LED Lighting market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart LED Lighting market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart LED Lighting market.

Global Smart LED Lighting Scope and Market Size
Smart LED Lighting market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart LED Lighting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Wired
Wireless

Segment by Application
Hybrid
Dali
WiFi
Bluetooth
Zigbee

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Cree Inc.
Eaton Corporation
Koninklijke Philips NV
ABB Limited
Wipro Limited
SSK Group
TVILIGHT B.V.
Digital Lumens, Inc.
Acuity Brands Inc.
Bridgelux, Inc.
OSRAM Licht AG