Lightning as a Service, over the last few years, facility management has faced a major disruption with the increasing demand for energy-efficient lighting. In developed countries, there is a gradual decrease in the use of conventional lighting. For example, the US has eclipsed conventional lighting since the Energy Independence and Security Act (EISA) was passed in 2007. The LED lighting market has become vital to meet the EISA energy standard. Lighting as a Service (LaaS) is an emerging technology service trend, where a business or customer pays a monthly rent to the lighting service providers.
The global Lightning as a Service market was valued at US$ 173.7 million in the year 2018 and is expected to reach US$ 844.6 million by the year 2023, growing at a CAGR of approximately 37.2%. The Lightning as a Service (LaaS) market is driven by factors such as less than minimum capital cost model & financial benefits, coupled with government policies related to the adoption of energy-efficient lightings. However, the quality issues with LED products are restraining the growth of the Lightning as a Service market.
The lighting industry is facing disruptions due to the shift from conventional lighting to energy-efficient lighting. Owing to this change in the industry, LED lighting has become more popular for business uses. The unreliability of conventional lighting is propelling the adoption of LaaS products. The lighting as a service market is segmented on the basis of components, installation, and end-user. Based on installation, the indoor segment of the market accounts for a larger share due to the increasing demand for LaaS from the commercial sector. Geographically, North America is holding the largest share in Lightning as a Service market, owing to government regulations on the adoption of energy-efficient lighting.
By Component
By Installation
By End User
Geographies covered in Lightning as a Service Market are
North America
Europe
Asia Pacific
Rest of The World
Key Players of Lightning as a Service market are
Ask for free product review call with the author
Share your specific research requirements for a customized report
Request for due diligence and consumer centric studies
Request for study updates, segment specific and country level reports
Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Lighting as a Service Market, 2016-2023, (US$ Mn)
2.1 Market Snapshot: Global Lighting as a Service Market
2.2 Market Dynamics
2.3 Global Lighting as a Service Market, by Segment, 2018
2.3.1 Global Lighting as a Service Market, by Components, 2018, (US$ Mn)
2.3.2 Global Lighting as a Service Market, by Installation, 2018, (US$ Mn)
2.3.3 Global Lighting as a Service Market, by End-user, 2018, (US$ Mn)
2.3.4 Global Lighting as a Service Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Lighting as a Service Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Lighting as a Service Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 The minimum capital cost and financial benefits offered by this service
3.2.2 Driver 2
3.3 Market Restraints
3.3.1 Quality issues related to LED products
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Increasing adoption of energy efficient lighting services.
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Lighting as a Service Market, by Components
4.1 Market Overview, by Components
4.1.1 Global Lighting as a Service Market, by Components, 2016-2023 (US$ Mn)
4.1.2 Incremental Opportunity, by Components, From 2018-2023
4.2 Luminaire & Control Equipment
4.2.1 Global Lighting as a Service Market, by Luminaire & Control Equipment, 2016-2023, (US$ Mn)
4.3 Software & Communication System
4.3.1 Global Lighting as a Service Market, by Software & Communication System, 2016-2023, (US$ Mn)
4.4 Maintenance & Other Services
4.4.1 Global Lighting as a Service Market, by Maintenance & Other Services, 2016-2023, (US$ Mn)
Chapter 5 Global Lighting as a Service Market, by Installation
5.1 Market Overview, by Installation
5.1.1 Global Lighting as a Service Market, by Installation, 2016-2023 (US$ Mn)
5.1.2 Incremental Opportunity, by Installation, From 2018-2023
5.2 Indoor
5.2.1 Global Lighting as a Service Market, by Indoor, 2016-2023, (US$ Mn)
5.3 Outdoor
5.3.1 Global Lighting as a Service Market, by Outdoor, 2016-2023, (US$ Mn)
Chapter 6 Global Lighting as a Service Market, by End-user
6.1 Market Overview, by End-user
6.1.1 Global Lighting as a Service Market, by End-user, 2016-2023 (US$ Mn)
6.1.2 Incremental Opportunity, by End-user, From 2018-2023
6.2 Commercial
6.2.1 Global Lighting as a Service Market, by Commercial, 2016-2023, (US$ Mn)
6.3 Municipal
6.3.1 Global Lighting as a Service Market, by Municipal, 2016-2023, (US$ Mn)
6.4 Industrial
6.4.1 Global Lighting as a Service Market, by Industrial, 2016-2023, (US$ Mn)
Chapter 7 Global Lighting as a Service Market, by Region
7.1 Market Overview, by Region
7.1.1 Global Lighting as a Service Market, by Region, 2016-2023, (US$ Mn)
7.2 Attractive Investment Opportunity, by Region, 2018
7.3 North America Lighting as a Service Market
7.3.1 North America Lighting as a Service Market, by Components, 2016-2023 (US$ Mn)
7.3.2 North America Lighting as a Service Market, by Installation, 2016-2023 (US$ Mn)
7.3.3 North America Lighting as a Service Market, by End-user, 2016-2023 (US$ Mn)
7.3.4 United States Country Profile
7.3.4.1 United States Lighting as a Service Market, 2016-2023 (US$ Mn)
7.3.5 Canada Country Profile
7.3.5.1 Canada Lighting as a Service Market, 2016-2023 (US$ Mn)
7.3.6 Mexico Country Profile
7.3.6.1 Mexico Lighting as a Service Market, 2016-2023 (US$ Mn)
7.4 Europe Lighting as a Service Market
7.4.1 Europe Lighting as a Service Market, by Components, 2016-2023 (US$ Mn)
7.4.2 Europe Lighting as a Service Market, by Installation, 2016-2023 (US$ Mn)
7.4.3 Europe Lighting as a Service Market, by End-user, 2016-2023 (US$ Mn)
7.4.4 United Kingdom Country Profile
7.4.4.1 United Kingdom Lighting as a Service Market, 2016-2023 (US$ Mn)
7.4.5 Germany Country Profile
7.4.5.1 Germany Lighting as a Service Market, 2016-2023 (US$ Mn)
7.4.6 France Country Profile
7.4.6.1 France Lighting as a Service Market, 2016-2023 (US$ Mn)
7.4.7 Italy Country Profile
7.4.7.1 Italy Lighting as a Service Market, 2016-2023 (US$ Mn)
7.4.8 Spain Country Profile
7.4.8.1 Spain Lighting as a Service Market, 2016-2023 (US$ Mn)
7.4.9 Rest of Europe
7.4.9.1 Rest of Europe Lighting as a Service Market, 2016-2023 (US$ Mn)
7.5 Asia Pacific Lighting as a Service Market
7.5.1 Asia Pacific Lighting as a Service Market, by Components, 2016-2023 (US$ Mn)
7.5.2 Asia Pacific Lighting as a Service Market, by Installation, 2016-2023 (US$ Mn)
7.5.3 Asia Pacific Lighting as a Service Market, by End-user, 2016-2023 (US$ Mn)
7.5.4 China Country Profile
7.5.4.1 China Lighting as a Service Market, 2016-2023 (US$ Mn)
7.5.5 Japan Country Profile
7.5.5.1 Japan Lighting as a Service Market, 2016-2023 (US$ Mn)
7.5.6 India Country Profile
7.5.6.1 India Lighting as a Service Market, 2016-2023 (US$ Mn)
7.5.7 South Korea Country Profile
7.5.7.1 South Korea Lighting as a Service Market, 2016-2023 (US$ Mn)
7.5.8 Southeast Asia
7.5.8.1 Southeast Asia Lighting as a Service Market, 2016-2023 (US$ Mn)
7.5.9 Rest of Asia Pacific
7.5.9.1 Rest of Asia Pacific Lighting as a Service Market, 2016-2023 (US$ Mn)
7.6 Rest of The World Lighting as a Service Market
7.6.1 Rest of The World Lighting as a Service Market, by Components, 2016-2023 (US$ Mn)
7.6.2 Rest of The World Lighting as a Service Market, by Installation, 2016-2023 (US$ Mn)
7.6.3 Rest of The World Lighting as a Service Market, by End-user, 2016-2023 (US$ Mn)
7.6.3.1 Latin America Lighting as a Service Market, 2016-2023 (US$ Mn)
7.6.3.2 Middle East & Africa Lighting as a Service Market, 2016-2023 (US$ Mn)
Chapter 8 Competitive Intelligence
8.1 Introduction
8.2 Players Evaluated During the Study
8.3 Market Players Present in Market Life Cycle
8.4 Top 5 Players Comparison
8.5 Market Positioning of Key Players, 2018
8.6 Market Players Mapping
8.6.1 By Components
8.6.2 By Installation
8.6.3 By End-user
8.6.4 By Region
8.7 Strategies Adopted by Key Market Players
8.8 Recent Developments in the Market
8.8.1 Mergers & Acquisitions, Partnership, New Product Developments
8.9 Operational Efficiency Comparison by Key Players
Chapter 9 Company Profiles
9.1 Koninklijke Philips N.V
9.1.1 Koninklijke Philips N.V Overview
9.1.2 Key Stakeholders/Person in Koninklijke Philips N.V
9.1.3 Koninklijke Philips N.V Products Portfolio
9.1.4 Koninklijke Philips N.V Financial Overview
9.1.5 Koninklijke Philips N.V News/Recent Developments
9.2 Cooper Industries Inc.
9.2.1 Cooper Industries Inc. Overview
9.2.2 Key Stakeholders/Person in Cooper Industries Inc.
9.2.3 Cooper Industries Inc. Products Portfolio
9.2.4 Cooper Industries Inc. Financial Overview
9.2.5 Cooper Industries Inc. News/Recent Developments
9.3 SIB Lighting
9.3.1 SIB Lighting Overview
9.3.2 Key Stakeholders/Person in SIB Lighting
9.3.3 SIB Lighting Products Portfolio
9.3.4 SIB Lighting Financial Overview
9.3.5 SIB Lighting News/Recent Developments
9.4 Cree Inc.
9.4.1 Cree Inc. Overview
9.4.2 Key Stakeholders/Person in Cree Inc.
9.4.3 Cree Inc. Products Portfolio
9.4.4 Cree Inc. Financial Overview
9.4.5 Cree Inc. News/Recent Developments
9.5 RCG Lighthouse
9.5.1 RCG Lighthouse Overview
9.5.2 Key Stakeholders/Person in RCG Lighthouse
9.5.3 RCG Lighthouse Products Portfolio
9.5.4 RCG Lighthouse Financial Overview
9.5.5 RCG Lighthouse News/Recent Developments
9.6 Digital Lumens Inc.
9.6.1 Digital Lumens Inc. Overview
9.6.2 Key Stakeholders/Person in Digital Lumens Inc.
9.6.3 Digital Lumens Inc. Products Portfolio
9.6.4 Digital Lumens Inc. Financial Overview
9.6.5 Digital Lumens Inc. News/Recent Developments
9.7 Igor Inc.
9.7.1 Igor Inc. Overview
9.7.2 Key Stakeholders/Person in Igor Inc.
9.7.3 Igor Inc. Products Portfolio
9.7.4 Igor Inc. Financial Overview
9.7.5 Igor Inc. News/Recent Developments
9.8 Lutron Electronics Company Inc.
9.8.1 Lutron Electronics Company Inc. Overview
9.8.2 Key Stakeholders/Person in Lutron Electronics Company Inc.
9.8.3 Lutron Electronics Company Inc. Products Portfolio
9.8.4 Lutron Electronics Company Inc. Financial Overview
9.8.5 Lutron Electronics Company Inc. News/Recent Developments
9.9 Future Energy Solutions
9.9.1 Future Energy Solutions Overview
9.9.2 Key Stakeholders/Person in Future Energy Solutions
9.9.3 Future Energy Solutions Products Portfolio
9.9.4 Future Energy Solutions Financial Overview
9.9.5 Future Energy Solutions News/Recent Developments
9.10 Lunera Lighting
9.10.1 Lunera Lighting Overview
9.10.2 Key Stakeholders/Person in Lunera Lighting
9.10.3 Lunera Lighting Products Portfolio
9.10.4 Lunera Lighting Financial Overview
9.10.5 Lunera Lighting News/Recent Developments
Log in / Register
