Market Executive Summary

The global market for Lighting as a Service (LaaS) was valued at US$ 814 million in the year 2024 and is projected to reach a revised size of US$ 6689 million by 2031, growing at a CAGR of 35.6% during the forecast period.

Lighting as a service (LaaS) will bring lighting to the market which is powered, controlled and connected by digital networks; this create broad capabilities to manage smart loads, create new use cases for lighting, and reduce costs and carbon emissions.

North America is the largest market for lighting as a service (LaaS), closely followed by Europe.

This report aims to provide a comprehensive presentation of the global market for Lighting as a Service (LaaS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lighting as a Service (LaaS).

The Lighting as a Service (LaaS) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Lighting as a Service (LaaS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Lighting as a Service (LaaS) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Global Lighting as a Service (LaaS) Companies Covered

Koninklijke Philips

ABB(Cooper Industries)

General Electric

Osram

SIB Lighting

Cree

RCG Lighthouse

Digital Lumens

Lutron

Future Energy Solutions

Lunera Lighting

Itelecom USA

Legrand S.A

Igor Inc

Global Lighting as a Service (LaaS) Market, by Region

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Lighting as a Service (LaaS) Market, Segment by Type

Indoor

Outdoor

Global Lighting as a Service (LaaS) Market, Segment by Application

Commercial

Municipal

Industrial

Others

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Lighting as a Service (LaaS) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

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