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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) is referred to the third-party managing of lighting system which includes various services such as design and installation, other technical requirement, and maintenance. It also includes the disposal or recycling of the related lighting tools and equipment at the end of its life. Factors such as increase in demand for energy efficient lighting, increased cost savings, spread of internet of things (IoT) to design smart, sustainable and connected lighting systems are driving the growth of the market. However, lack of awareness regarding the lighting-as-a-service offering among the potential end-users is restraining the growth of the market. Based on the installation, the indoor segment is going to have a lucrative growth during the forecast period which can be attributed to the growing commercial sector in developing countries. The rise in industries is several countries in the Asia Pacific and South America region has led to the growth of the market. The key vendors mentioned are Acuity Brands, Inc., Aura Light International AB, Citizen Energy, Eco Engineering, Enlighted Inc., Every Watt Matters, GE Lighting, Green Lumens, LED Lease, LightEdison, LLC, LumenServe, Inc., Lumeo, Lunera, Inc., Metrus Energy, Inc., Philips Lighting, RCG Lighthouse, SIB Lighting, Sparkfund, UrbanVolt, Ltd., Valoya OY and Zumtobel Group AG. Components Covered: • Luminaires • Controls • Sensors • Light Emitting Diode (LED) Drivers • Microprocessors and Microcontrollers • Switches and Dimmers • Transmitters and Receivers • Software Services Covered: • Recycling Of Equipment • Lighting System Installation • Maintenance and Management Installations Covered: • Indoor • Outdoor End Users Covered: • Commercial • Industrial • Municipal • 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 Market, By Component
5.1 Introduction
5.2 Luminaires
5.3 Controls
5.4 Sensors
5.5 Light Emitting Diode (LED) Drivers
5.6 Microprocessors and Microcontrollers
5.7 Switches and Dimmers
5.8 Transmitters and Receivers
5.9 Software
6 Global Lighting as a Service Market, By Service
6.1 Introduction
6.2 Recycling Of Equipment
6.3 Lighting System Installation
6.4 Maintenance and Management
7 Global Lighting as a Service Market, By Installation
7.1 Introduction
7.2 Indoor
7.3 Outdoor
8 Global Lighting as a Service Market, By End User
8.1 Introduction
8.2 Commercial
8.3 Industrial
8.4 Municipal
8.5 Residential
9 Global Lighting as a Service Market, By Geography
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Middle East & Africa
10 Strategic Benchmarking
11 Vendors Landscape
11.1 Acuity Brands, Inc.
11.2 Aura Light International AB
11.3 Citizen Energy
11.4 Eco Engineering
11.5 Enlighted Inc.
11.6 Every Watt Matters
11.7 GE Lighting
11.8 Green Lumens
11.9 LED Lease
11.10 LightEdison, LLC
11.11 LumenServe, Inc.
11.12 Lumeo
11.13 Lunera, Inc.
11.14 Metrus Energy, Inc.
11.15 Philips Lighting
11.16 RCG Lighthouse
11.17 SIB Lighting
11.18 Sparkfund
11.19 UrbanVolt, Ltd.
11.20 Valoya OY
11.21 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) ($MN)
3 Global Lighting as a Service Market Outlook, By Luminaires (2018-2026) ($MN)
4 Global Lighting as a Service Market Outlook, By Controls (2018-2026) ($MN)
5 Global Lighting as a Service Market Outlook, By Sensors (2018-2026) ($MN)
6 Global Lighting as a Service Market Outlook, By Light Emitting Diode (LED) Drivers (2018-2026) ($MN)
7 Global Lighting as a Service Market Outlook, By Microprocessors and Microcontrollers (2018-2026) ($MN)
8 Global Lighting as a Service Market Outlook, By Switches and Dimmers (2018-2026) ($MN)
9 Global Lighting as a Service Market Outlook, By Transmitters and Receivers (2018-2026) ($MN)
10 Global Lighting as a Service Market Outlook, By Software (2018-2026) ($MN)
11 Global Lighting as a Service Market Outlook, By Service (2018-2026) ($MN)
12 Global Lighting as a Service Market Outlook, By Recycling Of Equipment (2018-2026) ($MN)
13 Global Lighting as a Service Market Outlook, By Lighting System Installation (2018-2026) ($MN)
14 Global Lighting as a Service Market Outlook, By Maintenance and Management (2018-2026) ($MN)
15 Global Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
16 Global Lighting as a Service Market Outlook, By Indoor (2018-2026) ($MN)
17 Global Lighting as a Service Market Outlook, By Outdoor (2018-2026) ($MN)
18 Global Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
19 Global Lighting as a Service Market Outlook, By Commercial (2018-2026) ($MN)
20 Global Lighting as a Service Market Outlook, By Industrial (2018-2026) ($MN)
21 Global Lighting as a Service Market Outlook, By Municipal (2018-2026) ($MN)
22 Global Lighting as a Service Market Outlook, By Residential (2018-2026) ($MN)
23 North America Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
24 North America Lighting as a Service Market Outlook, By Service (2018-2026) ($MN)
25 North America Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
26 North America Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
27 Europe Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
28 Europe Lighting as a Service Market Outlook, By Service (2018-2026) ($MN)
29 Europe Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
30 Europe Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
31 Asia Pacific Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
32 Asia Pacific Lighting as a Service Market Outlook, By Service (2018-2026) ($MN)
33 Asia Pacific Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
34 Asia Pacific Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
35 South America Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
36 South America Lighting as a Service Market Outlook, By Service (2018-2026) ($MN)
37 South America Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
38 South America Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)
39 Middle East & Africa Lighting as a Service Market Outlook, By Component (2018-2026) ($MN)
40 Middle East & Africa Lighting as a Service Market Outlook, By Service (2018-2026) ($MN)
41 Middle East & Africa Lighting as a Service Market Outlook, By Installation (2018-2026) ($MN)
42 Middle East & Africa Lighting as a Service Market Outlook, By End User (2018-2026) ($MN)