Australia Smart Lighting Market to 2032
Overview
The Australia Smart Lighting Market is expected to reach a 5.57 USD Billion by 2032 and is projected to grow at a CAGR of 48.35% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.01
Forecast, 2032 (USD Billion)
5.57
CAGR, 2024 - 2032
48.35%
Report Coverage
Australia
Australia Smart Lighting Market 2018-2032 USD Billion
Australia Smart Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.01 USD Billion
- Projected Market Size (2032): 5.57 USD Billion
- CAGR (2025-2032): 48.35%
Key Findings of Australia Smart Lighting Market
- The Australia Smart Lighting Market was valued at 1.01 USD Billion in 2024.
- The Australia Smart Lighting Market is likely to grow at a CAGR of 48.35% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Retrofit Installation in Installation Type Segment accounted for the largest share of the market with a revenue of 0.72 USD Billion
- The fastest growing segment Wireless Technology in Communication Technology Segment grew Fastest with a CAGR of 49.59% during the forecast period from 2024 to 2032.
Australia Smart Lighting Market Scope
Australia Smart Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Application Type
- Outdoor Application
- Indoor Application
Installation Type
- New Installation
- Retrofit Installation
Communication Technology
- Wireless Technology
- Wired Technology
Australia Smart Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.01 USD Billion |
| Market Value in 2032 | 5.57 USD Billion |
| CAGR (2025-2032) | 48.35% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Application Type,Installation Type,Communication Technology |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 1.01 USD Billion in 2024
- Key Country: Australia, leading in terms of revenue with value of 1,010.42 USD Million in 2024.
Segments and Scope
-
Australia Smart Lighting Market to 2032, By Offering
- Hardware is the largest segment in Australia Smart Lighting Market to 2032 with a revenue of 605.08 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Australia Smart Lighting Market to 2032 with a Growth rate of 49.33 % in forecast period 2025-2032.
-
Australia Smart Lighting Market to 2032, By Application Type
- Indoor Application is the largest segment in Australia Smart Lighting Market to 2032 with a revenue of 720.51 USD Billion in the year 2024.
- Indoor Application is the Fastest growing segment in Australia Smart Lighting Market to 2032 with a Growth rate of 49.32 % in forecast period 2025-2032.
-
Australia Smart Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in Australia Smart Lighting Market to 2032 with a revenue of 723.37 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in Australia Smart Lighting Market to 2032 with a Growth rate of 48.79 % in forecast period 2025-2032.
-
Australia Smart Lighting Market to 2032, By Communication Technology
- Wired Technology is the largest segment in Australia Smart Lighting Market to 2032 with a revenue of 638.81 USD Billion in the year 2024.
- Wireless Technology is the Fastest growing segment in Australia Smart Lighting Market to 2032 with a Growth rate of 47.64 % in forecast period 2025-2032.
Australia Smart Lighting Market Company Share Analysis
| Company Name |
|
||
| Legrand | |||
| Signify Holding | |||
| Seiko Epson Corporation | |||
| Honeywell International Inc. | |||
| WOLFSPEED, INC. | |||
Australia Smart Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
Australia Smart Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Smart Lighting Market is segmented based on Segmentation Offering,Application Type,Installation Type,Communication Technology.
Australia Smart Lighting Market was valued at USD 1.01(Revenue in USD Billion) in 2018.
Australia Smart Lighting Market is projected to grow at a CAGR of 48.35% during the forecast period of 2024 to 2032.
The Retrofit Installation segment is expected to dominate the Australia Smart Lighting Market, holding a largest market share of 0.72 USD Billion in 2024
Australia Smart Lighting Market Scope
Australia Smart Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Application Type
- Outdoor Application
- Indoor Application
Installation Type
- New Installation
- Retrofit Installation
Communication Technology
- Wireless Technology
- Wired Technology
Frequently Asked Questions
The Australia Smart Lighting Market is segmented based on Segmentation Offering,Application Type,Installation Type,Communication Technology.
Australia Smart Lighting Market was valued at USD 1.01(Revenue in USD Billion) in 2018.
Australia Smart Lighting Market is projected to grow at a CAGR of 48.35% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Smart Lighting Market for final year is USD 5.57 (USD Billion).
Australia Smart Lighting Market Company Profiling
Frequently Asked Questions
The Australia Smart Lighting Market is segmented based on Segmentation Offering,Application Type,Installation Type,Communication Technology.
Australia Smart Lighting Market was valued at USD 1.01(Revenue in USD Billion) in 2018.
Australia Smart Lighting Market is projected to grow at a CAGR of 48.35% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Smart Lighting Market for final year is USD 5.57 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.