Global Lighting as a Serivce Market Analysis 2020

The Global Lighting as a Service Market is expected to reach $2,275.08 million by 2026 growing at a CAGR of 44.7% from 2019 to 2026. The Lighting as a service is a service delivery model by which the light service, rather than being a onetime payment option, is treated as a subscription basis which is referred to the third-party management of lighting system that provides the technical, financial, and managing service and offer the services that involve the recycling equipment, installation of a lighting system, and continue through maintenance and management. This also includes the disposal or recycling of the related lighting tools and equipment at the end of its life. The third-party vendors ensure the lighting system meets the government mandates and standards such as required lighting control, occupancy sensing, daylight usage, and similar others standards. To meet the needs of the end-users rather than for one-time payment method, the subscription model is used to deliver these services by the market players. Factors such as increase in demand for energy efficient lighting, sustainable and connected lighting systems, increased cost savings, spread of internet of things (IoT) to design smart devices, and pressing needs of the commercial space owners to remain updated with the latest lighting technology are driving the growth of the market. However, lack of familiarity with new technology lighting and lighting control products is restraining the growth of the market. Based on the end user, commercial segment is going to have a fastest growth in the market as there is increase in energy savings and overall cost reductions accelerate the widespread adoption of lighting-as-a-service by various commercial organizations. The key vendors mentioned are Koninklijke Philips N.V, Cooper Industries Inc., SIB Lighting, Digital Lumens, Inc., Electronics Company, Inc., Lunera Lighting, General Electric Lighting, Igor Inc., Acuity Brands Lighting, Inc, Itelecom, Lutron Electronics Company, Inc., and Future Energy Solutions. Installations Covered: • Indoor • Outdoor Components Covered: • Luminaries & Control Equipment • Software & Communication Systems • Maintenance & Other Services End Users Covered: • Commercial • Municipal • Industrial • Residential Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Lighting as a Service (LaaS) Market, By Installation
5.1 Introduction
5.2 Indoor
5.3 Outdoor

6 Global Lighting as a Service (LaaS) Market, By Component
6.1 Introduction
6.2 Luminaries & Control Equipment
6.3 Software & Communication Systems
6.4 Services (Maintenance)

7 Global Lighting as a Service (LaaS) Market, By End User
7.1 Introduction
7.2 Commercial
7.3 Municipal
7.4 Industrial
7.5 Residential

8 Global Lighting as a Service (LaaS) Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa

9 Strategic Benchmarking

10 Vendors Landscape
10.1 Koninklijke Philips N.V
10.2 Cooper Industries Inc.
10.3 Solutions Integrated Business (SIB) Lighting
10.4 Digital Lumens, Inc.
10.5 Electronics Company, Inc.
10.6 Lunera Lighting
10.7 General Electric Lighting
10.8 Igor Inc.
10.9 Acuity Brands Lighting, Inc
10.10 Itelecom
10.11 Lutron Electronics Company, Inc.
10.12 Future Energy Solutions

List of Data Tables
1 Global Lighting as a Service (LaaS) Market Outlook, By Region (2018-2026) ($MN)
2 Global Lighting as a Service (LaaS) Market Outlook, By Installation (2018-2026) ($MN)
3 Global Lighting as a Service (LaaS) Market Outlook, By Indoor (2018-2026) ($MN)
4 Global Lighting as a Service (LaaS) Market Outlook, By Outdoor (2018-2026) ($MN)
5 Global Lighting as a Service (LaaS) Market Outlook, By Component (2018-2026) ($MN)
6 Global Lighting as a Service (LaaS) Market Outlook, By Luminaries & Control Equipment (2018-2026) ($MN)
7 Global Lighting as a Service (LaaS) Market Outlook, By Software & Communication Systems (2018-2026) ($MN)
8 Global Lighting as a Service (LaaS) Market Outlook, By Services (Maintenance) (2018-2026) ($MN)
9 Global Lighting as a Service (LaaS) Market Outlook, By End User (2018-2026) ($MN)
10 Global Lighting as a Service (LaaS) Market Outlook, By Commercial (2018-2026) ($MN)
11 Global Lighting as a Service (LaaS) Market Outlook, By Municipal (2018-2026) ($MN)
12 Global Lighting as a Service (LaaS) Market Outlook, By Industrial (2018-2026) ($MN)
13 Global Lighting as a Service (LaaS) Market Outlook, By Residential (2018-2026) ($MN)
14 North America Lighting as a Service (LaaS) Market Outlook, By Country (2018-2026) ($MN)
15 North America Lighting as a Service (LaaS) Market Outlook, By Installation (2018-2026) ($MN)
16 North America Lighting as a Service (LaaS) Market Outlook, By Component (2018-2026) ($MN)
17 North America Lighting as a Service (LaaS) Market Outlook, By End User (2018-2026) ($MN)
18 Europe Lighting as a Service (LaaS) Market Outlook, By Country (2018-2026) ($MN)
19 Europe Lighting as a Service (LaaS) Market Outlook, By Installation (2018-2026) ($MN)
20 Europe Lighting as a Service (LaaS) Market Outlook, By Component (2018-2026) ($MN)
21 Europe Lighting as a Service (LaaS) Market Outlook, By End User (2018-2026) ($MN)
22 Asia Pacific Lighting as a Service (LaaS) Market Outlook, By Country (2018-2026) ($MN)
23 Asia Pacific Lighting as a Service (LaaS) Market Outlook, By Installation (2018-2026) ($MN)
24 Asia Pacific Lighting as a Service (LaaS) Market Outlook, By Component (2018-2026) ($MN)
25 Asia Pacific Lighting as a Service (LaaS) Market Outlook, By End User (2018-2026) ($MN)
26 South America Lighting as a Service (LaaS) Market Outlook, By Country (2018-2026) ($MN)
27 South America Lighting as a Service (LaaS) Market Outlook, By Installation (2018-2026) ($MN)
28 South America Lighting as a Service (LaaS) Market Outlook, By Component (2018-2026) ($MN)
29 South America Lighting as a Service (LaaS) Market Outlook, By End User (2018-2026) ($MN)
30 Middle East & Africa Lighting as a Service (LaaS) Market Outlook, By Country (2018-2026) ($MN)
31 Middle East & Africa Lighting as a Service (LaaS) Market Outlook, By Installation (2018-2026) ($MN)
32 Middle East & Africa Lighting as a Service (LaaS) Market Outlook, By Component (2018-2026) ($MN)
33 Middle East & Africa Lighting as a Service (LaaS) Market Outlook, By End User (2018-2026) ($MN)