세계의 LaaS(Lighting-as-a-Service) 시장 보고서 : 동향, 예측, 경쟁 분석(-2031년)

The future of the global lighting-as-a-service market looks promising with opportunities in the commercial, industrial, and municipal markets. The global lighting-as-a-service market is expected to reach an estimated $7372.9 million by 2031 with a CAGR of 35.6% from 2025 to 2031. The major drivers for this market are the increasing global demand for lighting technologies that use less energy, substantial R&D efforts by major organizations in the field, and the rapid adoption of light-emitting diode (LED) technology for energy-efficient lighting.

• Lucintel forecasts that, within the installation category, indoor will remain a larger segment over the forecast period due to its widespread use for impactful displays in malls and retail centers, as well as the explosive expansion of the commercial sector in emerging countries.
• In terms of regions, APAC will remain the largest region over the forecast period due to the high rate of infrastructure development and the adoption of technologies in the region.

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Emerging Trends in the Lighting-as-a-Service Market

The lighting-as-a-service market is evolving with several emerging trends that are reshaping how lighting solutions are designed, implemented, and managed. These trends reflect broader shifts towards sustainability, smart technology, and service-based models, offering innovative solutions for energy management and operational efficiency. Understanding these trends is crucial for stakeholders aiming to navigate the evolving landscape and leverage new opportunities in the lighting-as-a-service market.

• Smart Lighting Integration: Smart lighting systems are increasingly integrated with IoT and AI technologies, allowing for advanced control and automation. These systems enable real-time adjustments based on environmental conditions and user needs, enhancing energy efficiency and user experience. The adoption of smart lighting is driven by the demand for more intelligent and responsive lighting solutions, leading to significant improvements in energy management and operational flexibility.
• Energy Efficiency and Sustainability: There is a growing emphasis on energy efficiency and sustainability within the lighting-as-a-service market. Solutions that incorporate LED technology and renewable energy sources are becoming more prevalent. Companies are focusing on reducing energy consumption and minimizing environmental impact through innovative lighting solutions. This trend aligns with global sustainability goals and regulatory pressures, driving the development of more eco-friendly lighting options.
• Data-Driven Optimization: The use of data analytics in lighting-as-a-service allows for continuous optimization of lighting systems. By analyzing usage patterns and performance metrics, service providers can make data-driven decisions to improve energy efficiency and reduce costs. This trend enhances the ability to manage and maintain lighting systems effectively, leading to more informed decision-making and better overall performance.
• Service-Based Models: The shift towards service-based models in the lighting-as-a-service market is transforming how lighting solutions are delivered and managed. Instead of purchasing lighting systems outright, customers are opting for service contracts that include installation, maintenance, and upgrades. This model reduces upfront costs and provides flexibility, making it easier for businesses and municipalities to adopt advanced lighting technologies without significant capital investment.
• Urban and Smart City Applications: The deployment of lighting-as-a-service solutions is increasingly focused on urban and smart city applications. Smart street lighting, for example, is being implemented to enhance public safety, reduce energy consumption, and integrate with other smart city infrastructure. This trend reflects the growing importance of lighting in creating intelligent urban environments that support connectivity, efficiency, and sustainability.

These trends are significantly impacting the lighting as a service market by driving innovation, improving efficiency, and aligning with broader sustainability goals. The integration of smart technologies, emphasis on energy efficiency, and shift towards service-based models are reshaping how lighting solutions are approached and managed, providing new opportunities and challenges for industry stakeholders.

Recent Developments in the Lighting-as-a-Service Market

Recent developments in the lighting-as-a-service market reflect the growing demand for innovative, sustainable, and cost-effective lighting solutions. Advances in technology, changes in regulatory environments, and shifts in consumer preferences are driving these developments, impacting how lighting services are delivered and managed. Understanding these developments is crucial for stakeholders looking to navigate and capitalize on the evolving lighting-as-a-service landscape.

• Advancements in Smart Lighting Technologies: The integration of IoT and AI technologies into lighting systems has led to significant advancements in smart lighting. These technologies enable real-time monitoring and control, enhancing energy efficiency and user experience. Smart lighting systems can adjust brightness based on occupancy and environmental conditions, leading to substantial energy savings and improved operational efficiency.
• Increased Focus on Sustainability: Sustainability has become a key focus in the lighting-as-a-service market, with a growing emphasis on energy-efficient solutions and renewable energy integration. Companies are investing in LED technology and exploring options for integrating solar power into lighting systems. This shift is driven by regulatory pressures and consumer demand for environmentally friendly solutions, leading to a more sustainable approach to lighting.
• Growth of Service-Based Models: The move towards service-based models is transforming the lighting-as-a-service market, with more businesses and municipalities opting for service contracts rather than outright purchases. This model includes installation, maintenance, and upgrades, reducing upfront costs and providing ongoing support. The shift is making advanced lighting technologies more accessible and cost-effective for a wider range of customers.
• Expansion into Emerging Markets: The lighting as a service market is expanding into emerging markets, including regions such as India and parts of Southeast Asia. As urbanization accelerates and infrastructure development increases, there is a growing demand for energy-efficient lighting solutions. Companies are capitalizing on these opportunities by offering tailored solutions that address the specific needs and challenges of these regions.
• Integration with Smart City Initiatives: lighting-as-a-service solutions are increasingly being integrated into smart city initiatives, with a focus on creating intelligent urban environments. Smart street lighting systems, for example, are being deployed to enhance public safety, reduce energy consumption, and integrate with other smart city infrastructure. This integration supports the development of connected and efficient urban spaces.

Recent developments in the lighting as a service market highlight a shift towards smarter, more sustainable, and service-oriented lighting solutions. Technological advancements, increased focus on sustainability, and the growth of service-based models are reshaping how lighting services are provided and managed. These changes are driving innovation and expanding opportunities in the lighting as a service market, impacting both established and emerging regions.

Strategic Growth Opportunities for Lighting-as-a-Service Market

The lighting-as-a-service market is undergoing a significant transformation, driven by advances in technology and changing consumer expectations. This model, which allows businesses to pay for lighting based on usage rather than purchasing outright, offers numerous opportunities for strategic growth. As industries seek energy efficiency, cost savings, and enhanced control over their lighting systems, lighting-as-a-service presents viable solutions. Key applications such as smart cities, commercial real estate, healthcare, retail, and industrial facilities are poised for growth, each providing unique opportunities for expansion and innovation in the lighting-as-a-service sector.

• Smart Cities: Smart cities are leveraging lighting as a service to enhance urban infrastructure, providing a scalable and cost-effective solution for public lighting. By integrating sensors and IoT technologies, cities can optimize energy usage, reduce operational costs, and improve public safety. Lighting as a service in smart cities facilitates adaptive lighting that responds to real-time data, leading to more efficient energy consumption and reduced carbon footprints. This application opens avenues for partnerships with municipal authorities and technology providers, driving market growth.
• Commercial Real Estate: In commercial real estate, lighting as a service is transforming how businesses manage lighting. Companies are increasingly opting for lighting as a service to benefit from lower upfront costs, predictable operating expenses, and advanced lighting control. With features like automated adjustments and energy monitoring, businesses can enhance workplace productivity and reduce energy bills. The trend toward flexible, scalable lighting solutions in office spaces and commercial properties supports the market's expansion and provides opportunities for service providers to cater to diverse commercial needs.
• Healthcare Facilities: Healthcare facilities are adopting lighting as a service to improve patient outcomes and operational efficiency. Advanced lighting solutions contribute to better lighting conditions, crucial for patient recovery and staff performance. Lighting as a service allows for tailored lighting environments that adjust based on patient needs or time of day, supporting better health outcomes and operational savings. This application highlights the opportunity for lighting as a service provider to address the unique requirements of healthcare settings, leading to a growing market segment.
• Retail Sector: The retail sector is increasingly embracing lighting as a service to enhance customer experiences and drive sales. Dynamic lighting solutions can be used to highlight products, create ambiance, and optimize energy use. Lighting as a service offers retailers the flexibility to adjust lighting based on promotional events or seasonal changes without significant capital investment. This adaptability attracts retailers looking to enhance store performance and customer engagement, presenting a lucrative growth opportunity for lighting as a service provider.
• Industrial Facilities: Industrial facilities are adopting lighting as a service for its efficiency and cost benefits. In these settings, where lighting needs are extensive and varied, lighting as a service provides an opportunity to upgrade to energy-efficient systems with minimal upfront costs. The ability to monitor and control lighting remotely helps in maintaining optimal working conditions and reducing maintenance costs. Lighting as a service solution tailored for industrial applications can drive significant savings and operational improvements, creating a strong market opportunity.

These growth opportunities in smart cities, commercial real estate, healthcare, retail, and industrial facilities highlight the diverse applications where lighting as a service can add value. As industries seek efficient, flexible, and cost-effective lighting solutions, the lighting as a service market is poised for significant expansion. By addressing specific needs and leveraging technological advancements, lighting as service providers can capture substantial market share and drive continued growth.

Lighting-as-a-Service Market Driver and Challenges

The lighting-as-a-service (LaaS) market is influenced by a complex interplay of technological, economic, and regulatory factors. Major drivers include technological advancements, increasing energy efficiency requirements, cost benefits, regulatory support, and the shift toward sustainable practices. Conversely, challenges such as high initial costs, technological integration issues, and regulatory uncertainties pose obstacles to market growth. Understanding these drivers and challenges is crucial for stakeholders to navigate the evolving landscape and capitalize on opportunities in the LaaS sector.

The factors responsible for driving the lighting-as-a-service market include:

• Technological Advancements: Technological advancements are a major driver of the lighting as a service market, enabling sophisticated, energy-efficient lighting solutions. Innovations such as smart sensors, IoT integration, and data analytics enhance lighting control, energy management, and operational efficiency. These technologies facilitate adaptive lighting systems that respond to real-time conditions, optimizing energy usage and reducing costs. The continuous evolution of lighting technology supports market growth by offering more advanced and appealing solutions to end-users.
• Energy Efficiency Requirements: Rising energy efficiency requirements are pushing businesses and municipalities to adopt lighting as a service. With increasing emphasis on reducing energy consumption and carbon footprints, lighting as a service provides a viable solution for achieving these goals. The model allows for the implementation of energy-efficient lighting systems without the burden of high upfront costs. As regulations and incentives continue to promote energy efficiency, lighting as a service becomes a more attractive option, driving market expansion.
• Cost Benefits: Cost benefits are a significant driver of lighting as a service adoption. The model eliminates the need for substantial capital investment in lighting infrastructure, replacing it with a predictable, subscription-based payment structure. This financial flexibility is appealing to businesses looking to manage cash flow and reduce capital expenditures. Additionally, ongoing maintenance and upgrades are typically included in the service, further lowering the total cost of ownership and driving market growth.
• Regulatory Support: Supportive regulations and incentives for energy efficiency and sustainability boost the lighting as a service market. Governments and regulatory bodies are increasingly enacting policies that favor the adoption of energy-efficient technologies, including lighting as a service. Financial incentives, such as tax breaks or grants, and mandatory energy efficiency standards drive the adoption of lighting as a service solution. This regulatory support creates a favorable environment for market growth and encourages investment in advanced lighting services.
• Shift Towards Sustainable Practices: The shift towards sustainable practices is a key driver of the lighting as a service market. As organizations and governments prioritize sustainability, lighting as a service offers a way to achieve environmental goals by reducing energy consumption and minimizing waste. The model aligns with corporate social responsibility objectives and environmental regulations, making it an attractive option for entities committed to reducing their ecological footprint. This trend enhances the market potential for lighting as a service solution.

Challenges in the lighting-as-a-service market are:

• High Initial Costs: Despite the cost benefits over time, the initial costs associated with implementing lighting as a service can be high. This includes expenses related to technology installation, system integration, and service setup. For some businesses, the upfront financial commitment may be a barrier to adoption. Overcoming this challenge requires clear communication of long-term savings and financial benefits to potential customers.
• Technological Integration Issues: Integrating lighting as a service with existing infrastructure and technologies can present challenges. Compatibility issues, data integration concerns, and the need for customized solutions can complicate implementation. Ensuring seamless integration requires careful planning and collaboration between lighting as a service provider and clients. Addressing these issues is crucial for smooth deployment and maximizing the benefits of lighting as a service.
• Regulatory Uncertainties: Regulatory uncertainties and changes in policies can impact the lighting as a service market. Fluctuations in energy efficiency standards, incentive programs, and environmental regulations may create unpredictability for stakeholders. Keeping abreast of regulatory developments and advocating for supportive policies are essential for navigating this uncertainty and ensuring the continued growth of the lighting as a service market.

The lighting-as-a-service market is shaped by a range of drivers and challenges. Technological advancements, energy efficiency requirements, cost benefits, regulatory support, and sustainability trends drive market growth, while high initial costs, integration issues, and regulatory uncertainties pose challenges. Balancing these factors is essential for stakeholders to harness growth opportunities and address obstacles, ensuring the continued evolution and success of the LaaS market.

List of Lighting-as-a-Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies lighting-as-a-service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lighting-as-a-service companies profiled in this report include-

• Eaton Corporation
• Digital Lumens
• Every Watt Matters
• Honeywell International
• IGOR
• Koninklijke Philips
• Lutron Electronics
• OSRAM
• Seiko Epson Corporation
• Stouch Lighting

Lighting-as-a-Service by Segment

The study includes a forecast for the global lighting-as-a-service market by installation, component, end use, and region.

Lighting-as-a-Service Market by Installation [Analysis by Value from 2019 to 2031]:

• Indoor
• Outdoor

Lighting-As-A-Service Market by Component [Analysis by Value from 2019 to 2031]:

• Luminaries and Control Equipment
• Software and Communication Systems
• Maintenance Services

Lighting-as-a-Service Market by End Use [Analysis by Value from 2019 to 2031]:

• Commercial
• Industrial
• Municipal
• Others

Lighting-as-a-Service Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Lighting-as-a-Service Market

The lighting-as-a-service (LaaS) market has seen significant growth and transformation globally, driven by advancements in technology, increasing demand for energy efficiency, and shifts towards smart infrastructure. As cities and businesses increasingly prioritize sustainability and operational efficiency, LaaS offers a flexible, cost-effective solution for lighting needs, reducing upfront investments and ensuring ongoing innovation. This market evolution is evident in key regions such as the United States, China, Germany, India, and Japan, where varying regional priorities and technological advancements are shaping the future of lighting solutions.

• United States: In the U.S. the lighting as a service market has rapidly expanded due to increased focus on sustainability and energy efficiency. Major advancements include the integration of advanced IoT sensors and smart controls, which allow for real-time monitoring and management of lighting systems. Companies are also leveraging data analytics to optimize energy consumption and reduce costs. Additionally, there is a growing trend toward retrofitting existing infrastructure with LED technology to improve performance and compliance with stricter environmental regulations.
• China: China's lighting as a service market is characterized by the rapid adoption of smart lighting technologies and large-scale government initiatives promoting energy efficiency. The government's focus on reducing carbon emissions has spurred investments in advanced lighting solutions, including smart street lighting and intelligent building systems. Key developments include the integration of AI and big data analytics to enhance lighting management and operational efficiency, making Chinese cities models for smart urban infrastructure.
• Germany: Germany is leading the lighting as a service market in Europe, driven by its commitment to sustainability and energy efficiency. The adoption of smart lighting solutions is supported by stringent regulations and incentives for green technologies. Recent developments include the integration of renewable energy sources into lighting systems and advancements in smart grid technologies. Germany's approach emphasizes long-term cost savings and environmental impact, with a focus on both public and commercial sectors.
• India: In India, the lighting as a service market is emerging rapidly due to urbanization and increasing demand for energy-efficient solutions. Recent developments include the deployment of smart street lighting systems and initiatives to retrofit existing infrastructure with LED technology. Government policies and subsidies are encouraging the adoption of smart lighting solutions, aiming to improve energy efficiency and reduce operational costs in rapidly growing urban areas.
• Japan: Japan lighting as a service market is characterized by the integration of advanced technologies and a strong emphasis on innovation. Developments include the use of IoT and AI for advanced lighting control and management, as well as the integration of lighting systems with other smart city technologies. Japan's focus is on improving energy efficiency and providing high-quality, reliable lighting solutions in both urban and rural areas, with a strong emphasis on technological advancements and user experience.

Features of the Global Lighting-as-a-Service Market

Market Size Estimates: Lighting-as-a-service market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Lighting-as-a-service market size by installation, component, end use, and region in terms of value ($M).

Regional Analysis: Lighting-as-a-service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different installation, component, end use, and regions for the lighting-as-a-service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the lighting-as-a-service market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the lighting-as-a-service market by installation (indoor and outdoor), component (luminaries and control equipment, software and communication systems, and maintenance services), end use (commercial, industrial, municipal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Lighting-as-a-Service Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Lighting-as-a-Service Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Lighting-as-a-Service Market by Installation
  • 3.3.1: Indoor
  • 3.3.2: Outdoor
• 3.4: Global Lighting-as-a-Service Market by Component
  • 3.4.1: Luminaries and Control Equipment
  • 3.4.2: Software and Communication Systems
  • 3.4.3: Maintenance Services
• 3.5: Global Lighting-as-a-Service Market by End Use
  • 3.5.1: Commercial
  • 3.5.2: Industrial
  • 3.5.3: Municipal
  • 3.5.4: Others

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Lighting-As-A-Service Market by Region
• 4.2: North American Lighting-As-A-Service Market
  • 4.2.1: North American Lighting-As-A-Service Market by Installation: Indoor and Outdoor
  • 4.2.2: North American Lighting-As-A-Service Market by End Use: Commercial, Industrial, Municipal, and Others
• 4.3: European Lighting-As-A-Service Market
  • 4.3.1: European Lighting-As-A-Service Market by Installation: Indoor and Outdoor
  • 4.3.2: European Lighting-As-A-Service Market by End Use: Commercial, Industrial, Municipal, and Others
• 4.4: APAC Lighting-As-A-Service Market
  • 4.4.1: APAC Lighting-As-A-Service Market by Installation: Indoor and Outdoor
  • 4.4.2: APAC Lighting-As-A-Service Market by End Use: Commercial, Industrial, Municipal, and Others
• 4.5: ROW Lighting-As-A-Service Market
  • 4.5.1: ROW Lighting-As-A-Service Market by Installation: Indoor and Outdoor
  • 4.5.2: ROW Lighting-As-A-Service Market by End Use: Commercial, Industrial, Municipal, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Lighting-as-a-Service Market by Installation
  • 6.1.2: Growth Opportunities for the Global Lighting-as-a-Service Market by Component
  • 6.1.3: Growth Opportunities for the Global Lighting-as-a-Service Market by End Use
  • 6.1.4: Growth Opportunities for the Global Lighting-as-a-Service Market by Region
• 6.2: Emerging Trends in the Global Lighting-as-a-Service Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Lighting-as-a-Service Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Lighting-as-a-Service Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Eaton Corporation
• 7.2: Digital Lumens
• 7.3: Every Watt Matters
• 7.4: Honeywell International
• 7.5: IGOR
• 7.6: Koninklijke Philips
• 7.7: Lutron Electronics
• 7.8: OSRAM
• 7.9: Seiko Epson Corporation
• 7.10: Stouch Lighting