Top Smart Lighting Companies

Government incentives are also promoting the conversion from traditional lighting to LED and Internet of Things (IoT) enabled lighting to decrease energy usage and carbon footprint, which has driven growth in the market. Smart lighting systems, also leveraging advanced technologies like artificial intelligence (AI), the Internet of Things (IoT), and sensors, can automatically adjust brightness, color and timing based on occupancy or environmental conditions with the effect of optimizing energy usage. The commercial building market, industrial buildings and consumer residences are increasing applications for smart lighting, along with increased consumer demand for home automation systems and voice control technology.

Industry Overview

According to SkyQuest Technology “Smart Lighting Market By Component (Hardware, Software, Services), By Connectivity (Wired, Wireless), By Application (Indoor, Outdoor), By Region- Industry Forecast 2025-2032,” Global Smart Lighting Market is projected to grow at a CAGR of over 20.1% by 2032, on account of urgent need for automating quantified data. Several factors are contributing to growth in the smart lighting market including the shift towards energy-efficient lighting solutions, rising adoption of smart city initiatives, and increasing demand for connected lighting that delivers convenience, safety, and sustainability. Continued advancements in wireless communication protocols like Zigbee, Bluetooth, and Wi-Fi, along with dropping costs in LED components will also fuel increased global adoption of smart lighting solutions.

Top 10 Global Smart Lighting Companies

1. Signify N.V.

Signify N.V. (previously known as Philips Lighting) was founded in 1891 in Eindhoven, Netherlands. Signify is the world's largest provider of smart and connected lighting systems, as well as energy-efficient LEDs, connected lighting controls, and IoT-enabled solutions for homes, businesses, and cities.

2. Acuity Brands, Inc.

Founded in 1892 in Atlanta, USA, Acuity Brands is one of the largest suppliers of smart lighting and building management systems in North America. The company provides intelligent building solutions, leveraging LED lighting, controls, and advanced IoT connectivity to improve building systems such as lighting and HVAC in commercial, industrial and outdoor applications.

3. Legrand S.A.

Founded in 1865 and based in Limoges, France, Legrand is the world's specialist in electrical and digital building infrastructures, including smart lighting systems. The company's products for connected lighting, controls, switches, sensors, and automation solutions assist in energy management and connecting to smart homes. The company has a strong commitment to sustainability and user-centric design, and its products are used in residential, commercial, and industrial installations in many countries. The combination of innovation and global scale allows Legrand to provide intelligent lighting and building solutions in the market.

4. ams-OSRAM AG

ams-OSRAM AG is a manufacturer of optoelectronic components and smart lighting solutions founded in 1919 and headquartered in Munich, Germany. They manufacture LEDs, sensors, and photonic products for automotive, industrial, and architectural lighting. ams-OSRAM's innovations in light control and with integrated sensors make light systems smart, adaptive, and energy-efficient.

5. Cree, Inc.

Founded in 1987 in Durham, USA, Cree Inc. (now Wolfspeed) is recognized for being the first to monetize LED lighting and semiconductor technology. Cree's expertise in silicon carbide (SiC) and gallium nitride (GaN) power devices has led to advancements in energy-efficient lighting and power management solutions worldwide.

6. Zumtobel Group AG

Founded in 1950 and headquartered in Dornbirn, Austria, the Zumtobel Group is a global supplier of professional and architectural lighting solutions. The Zumtobel Group designs and manufactures intelligent lighting systems that balance functionality, appearance, and sustainability. Under the brands Zumtobel and Thorn, professional and architectural lighting are designed for a variety of environments, including offices, retail, healthcare, and industrial. Zumtobel has historically focused on human-centric lighting design with advanced digital controls and IoT components to generate energy-efficient, adaptive lighting.

7. LEDVANCE GmbH

LEDVANCE was founded in 2016 as a spin-off of OSRAM, and is located in Garching, Germany, serving as a global leader in using light-emitting diodes (LED) for lamps, luminaires, and smart home lighting systems. The company provides a range of connected lighting products for residential, commercial, and industrial applications, using internet of things (IoT) and communication technologies, including Wi-Fi and Bluetooth.

8. Eaton Corporation plc

Eaton Corporation was founded in 1911, and is located and incorporated in Dublin, Ireland, as an international power management company, with an active lighting division through Cooper Lighting Solutions. It is a provider of connected lighting and IoT-enabled systems for commercial, industrial, and municipal sectors.

9. Hubbell Lighting, Inc.

Hubbell Lighting was originally founded in 1888, and is located, incorporated, and headquartered in Greenville, USA, as a prominent supplier of professional and architectural lighting solutions. They offer a broad range of products that integrate the efficiency of LED with advanced digital controls for intelligent management of light.

10. Panasonic Holdings Corporation

Panasonic was founded in 1918, and is headquartered in Osaka, Japan, as a diversified electronics and technology conglomerate, which actively participates in smart lighting market and home automation systems. The company supplies intelligent lighting solutions layered with sensors, energy management systems, and IoT-based platforms for homes, offices, and smart cities.

Other Leading Global Smart Lighting Companies

• Honeywell International Inc.
• Cisco Systems, Inc.
• LG Electronics Inc.
• Schneider Electric SE
• GE Lighting
• Helvar Oy Ab
• Lutron Electronics Co., Inc.
• Eaton Lighting Solutions
• Seoul Semiconductor Co., Ltd.
• Nanoleaf
• Yeelight
• Wipro Lighting

Conclusion

The global smart lighting market is set for strong expansion in the years ahead due to technology advancement in the fields of IoT, AI, and IoT. At the same time, the trend towards energy efficiency and sustainability continues to propel widespread adoption in residential, commercial, and industrial realms as the case for automating and improving how we control lighting continues to evolve. The increasing focus by governments and organizations on smart city and green building programs continues to position smart lighting as a key component of intelligent infrastructure. In addition, a growing market for interacting smart lighting with voice assistants and building management systems will improve user experience, efficiency and energy savings. With continuous product innovation and technology costs going down, the market is likely to see continued steady growth, ultimately becoming part of the connected and sustainable environment worldwide.