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The Global Lighting as a Service Market is expected to reach $3,763.21 million by 2026 growing at a CAGR of 43.3% from 2019 to 2026. Lighting as a service (LaaS) refers to a service delivery model wherein light service is provided based on a subscription model rather than a one-time installation model. The basis of the idea is that manufactures install, maintain, and operate customer’s lighting systems and does not have any upfront investment for the customer. Factors such as advantages of lighting as a service that include zero capital cost model & improved financial benefits and increase in demand for energy efficient lighting and increased cost savings are driving the growth of the market. However, lack of awareness about the value of a service oriented model of lighting is restraining the growth of the market. Based on the installation, the outdoor segment is the increasing convergence of internet of things (IoT) for effective street lighting solutions is the major factor behind the growth of the outdoor installation segment. Outdoor installation includes street lighting, parking garages, park and recreational areas among others. The key vendors mentioned are Cree Inc, Digital Lumens, Inc, Future Energy Solutions, General Electric Lighting, Igor Inc, Itelecom, Koninklijke Philips N.V, Legrand S.A, Lunera Lighting, Lutron Electronics Company, Inc, RCG Lighthouse, SIB Lighting, UrbanVolt, Valoya Oy, Zumtobel Group AG. Components Covered: • Luminaries & Control Equipment • Maintenance & Other Services • Softwares & Communication Systems Installations Covered: • Indoor • Outdoor End Users Covered: • Commercial • Industrial • Municipal 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 Market, By Component
5.1 Introduction
5.2 Luminaries & Control Equipment
5.3 Maintenance & Other Services
5.4 Softwares & Communication Systems
6 Global Lighting as a Service Market, By Installation
6.1 Introduction
6.2 Indoor
6.3 Outdoor
7 Global Lighting as a Service Market, By End User
7.1 Introduction
7.2 Commercial
7.3 Industrial
7.4 Municipal `
8 Global Lighting as a Service 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 Cree Inc
10.2 Digital Lumens, Inc
10.3 Future Energy Solutions
10.4 General Electric Lighting
10.5 Igor Inc
10.6 Itelecom
10.7 Koninklijke Philips N.V
10.8 Legrand S.A
10.9 Lunera Lighting
10.10 Lutron Electronics Company, Inc
10.11 RCG Lighthouse
10.12 SIB Lighting
10.13 UrbanVolt
10.14 Valoya Oy
10.15 Zumtobel Group AG
List of Data Tables
1 Global Lighting as a Service Market Outlook, By Region (2018-2026) ($MN)
2 Global Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
3 Global Lighting as a Service Market Outlook, By Luminaries & Control Equipment (2018-2026) ($MN)
4 Global Lighting as a Service Market Outlook, By Maintenance & Other Services (2018-2026) ($MN)
5 Global Lighting as a Service Market Outlook, By Softwares & Communication Systems (2018-2026) ($MN)
6 Global Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
7 Global Lighting as a Service Market Outlook, By Indoor (2018-2026) ($MN)
8 Global Lighting as a Service Market Outlook, By Outdoor (2018-2026) ($MN)
9 Global Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
10 Global Lighting as a Service Market Outlook, By Commercial (2018-2026) ($MN)
11 Global Lighting as a Service Market Outlook, By Industrial (2018-2026) ($MN)
12 Global Lighting as a Service Market Outlook, By Municipal (2018-2026) ($MN)
13 North America Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
14 North America Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
15 North America Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
16 Europe Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
17 Europe Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
18 Europe Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
19 Asia Pacific Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
20 Asia Pacific Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
21 Asia Pacific Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
22 South America Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
23 South America Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
24 South America Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
25 Middle East & Africa Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
26 Middle East & Africa Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
27 Middle East & Africa Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)