Europe Smart Led Lighting Market Size & Outlook, 2018-2025
The smart led lighting market in Europe is expected to reach a projected revenue of US$ 11,185.4 million by 2025. A compound annual growth rate of 22.6% is expected of Europe smart led lighting market from 2019 to 2025.
- Consumer Goods
- Consumer Electronics & Appliances
- Smart LED Lighting Market Outlook
- Consumer Electronics & Appliances
Revenue, 2018 (US$M)
$2,686.3
Forecast, 2025 (US$M)
$11,185.4
CAGR, 2019 - 2025
22.6%
Report Coverage
Europe
Europe Smart Led Lighting Market, 2015-2025 (US$M)
Global Market
Related Markets
Prism AI by Grand View ResearchFree to try
Ask a question about the smart led lighting market
Every figure cited from GVR research
Europe smart led lighting market highlights
- The Europe smart led lighting market generated a revenue of USD 2,686.3 million in 2018.
- The market is expected to grow at a CAGR of 22.6% from 2019 to 2025.
- In terms of segment, wired was the largest revenue generating product in 2018.
- Wireless is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2019 to 2025.
Europe data book summary
| Market revenue in 2018 | USD 2,686.3 million |
| Market revenue in 2025 | USD 11,185.4 million |
| Growth rate | 22.6% (CAGR from 2018 to 2025) |
| Largest segment | Wired |
| Fastest growing segment | Wireless |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wired, Wireless |
Other key industry trends
- In terms of revenue, Europe region accounted for 36.7% of the global smart led lighting market in 2018.
- Globally, North America is projected to lead the regional market in terms of revenue in 2025.
- North America is the fastest growing regional market and is projected to reach USD 13,952.5 million by 2025.
No credit card required*
Publish Date: Jul 02, 2024
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart LED Lighting Market Scope
Smart LED Lighting Market segmentation & scope
Smart LED Lighting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Acuity Brands Inc | View profile | 12,200 | 1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, United States, 30309 | www.acuitybrands.com |
| Syska | View profile | 501-1000 | New York, New York, United States, North America | www.syska.com |
| Ams-OSRAM AG | View profile | 22,461 | Tobelbader Strasse 30, Premstaetten, Austria, 8141 | www.ams-osram.com |
| Cree Lighting | View profile | 1001-5000 | Racine, Wisconsin, United States, North America | www.creelighting.com/company |
| Wipro | View profile | 10001+ | Bengaluru, Karnataka, India, Asia | www.wipro.com |
| BridgeLux | View profile | 51-100 | Sunnyvale, California, United States, North America | www.bridgelux.com |
| Koninklijke Philips N.V. | View profile | - | - | - |
| Eaton | View profile | 5001-10000 | Jundiaí, Sao Paulo, Brazil, South America | www.eaton.com/br/pt-br.html |
Europe 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 Outlook will help companies and investors design strategic landscapes.
Wired was the largest segment with a revenue share of 80.49% in 2018.
Horizon Databook has segmented the Europe smart led lighting market based on wired, wireless covering the revenue growth of each sub-segment from 2015 to 2025.
- Europe Smart Led Lighting Market Product Outlook (Revenue, USD Million , 2015-2025)
- Wired
- Wireless
- Europe Smart Led Lighting Market Technology Outlook (Revenue, USD Million , 2015-2025)
- Hybrid
- Dali
- Wifi
- Bluetooth
- Zigbee
- Europe Smart Led Lighting Market Distribution channel Outlook (Revenue, USD Million , 2015-2025)
- Online
- Offline
Reasons to subscribe to Smart LED Lighting Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Smart LED Lighting Market Outlook databook
- Our clientele includes a mix of Smart LED Lighting Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Smart LED Lighting Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Smart LED Lighting Market Outlook from 2015 to 2025, including revenue numbers, major trends, and company profiles.
Europe Smart Led Lighting Market, 2015-2025 (US$M)
Europe smart led lighting market statistics, by product, 2015-2025 (US$M)
