Energy loss through lighting has become a concern for several governments. Smart lighting is an innovative lighting technology with improved energy efficiency.

Smart lighting technology may include efficiency fixtures and automated controls that make adjustments based on conditions such as occupancy or availability of daylight. Everyday lighting accounts for 20% to 50% of the total electrical energy consumed globally.

To reduce the total energy consumption, it is essential to use limited electric energy that pertains to certain condition and requirement. To meet the need of the hour, market players have come up with innovative lighting systems.

Smart lighting is a technology, which uses intelligent light control system. Factors such as object movement, occupancy, colour, temperature, and availability of natural light help the smart lighting technology to perform the most.

Smart lighting technology utilizes lighting control systems, which deliver only the required amount of light. Additionally, smart lighting technology evolves the technology which automatically performs various functions at set time and given condition.

Based on performance and energy consumption, the global smart lighting market can be bifurcated into light emitting diode (LED) lamp, high intensity discharge (HID), lamps, compact fluorescent lamps (CFL), fluorescent lamps, and others. CFL leads the global market for smart lighting technology.

However, LED lamps are expected to witness the highest growth in the forecast period. Commercial and residential buildings are the major end users of the smart lighting technology.

Other major end users of the technology include public and government buildings and street lighting.

Europe holds the largest market share for smart lighting technology, followed by North America and Asia Pacific. The U.S. is the largest consumer of smart lighting technology due to increasing consumer awareness regarding the importance of saving energy.

Europe is expected to maintain its dominance in the forecast period. North America is expected to witness marginal growth during the forecast period.

However, Asia Pacific is expected to witness the highest growth in the forecast period owing to increasing infrastructure development in the developing countries such as India and China.