U.S. Smart Lighting Market to 2032
Overview
The U.S. Smart Lighting Market is expected to reach a 89.86 USD Billion by 2032 and is projected to grow at a CAGR of 48.11% from 2025 to 2032.
Revenue, 2024 (USD Billion)
16.46
Forecast, 2032 (USD Billion)
89.86
CAGR, 2024 - 2032
48.11%
Report Coverage
U.S.
U.S. Smart Lighting Market 2018-2032 USD Billion
U.S. Smart Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 16.46 USD Billion
- Projected Market Size (2032): 89.86 USD Billion
- CAGR (2025-2032): 48.11%
Key Findings of U.S. Smart Lighting Market
- The U.S. Smart Lighting Market was valued at 16.46 USD Billion in 2024.
- The U.S. Smart Lighting Market is likely to grow at a CAGR of 48.11% 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 11.57 USD Billion
- The fastest growing segment Wireless Technology in Communication Technology Segment grew Fastest with a CAGR of 50.31% during the forecast period from 2024 to 2032.
U.S. Smart Lighting Market Scope
U.S. Smart Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Installation Type
- New Installation
- Retrofit Installation
Communication Technology
- Wireless Technology
- Wired Technology
Application Type
- Outdoor Application
- Indoor Application
U.S. Smart Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2018 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 16.46 USD Billion |
| Market Value in 2032 | 89.86 USD Billion |
| CAGR (2025-2032) | 48.11% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,Installation Type,Communication Technology,Application Type |
Regional Insights:
-
Leading Market (2024-2032): U.S., leading in terms of revenue 16.46 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 16,455.30 USD Million in 2024.
Segments and Scope
-
U.S. Smart Lighting Market to 2032, By Offering
- Hardware is the largest segment in U.S. Smart Lighting Market to 2032 with a revenue of 9.42 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in U.S. Smart Lighting Market to 2032 with a Growth rate of 49.58 % in forecast period 2025-2032.
-
U.S. Smart Lighting Market to 2032, By Installation Type
- Retrofit Installation is the largest segment in U.S. Smart Lighting Market to 2032 with a revenue of 11.57 USD Billion in the year 2024.
- Retrofit Installation is the Fastest growing segment in U.S. Smart Lighting Market to 2032 with a Growth rate of 48.76 % in forecast period 2025-2032.
-
U.S. Smart Lighting Market to 2032, By Communication Technology
- Wired Technology is the largest segment in U.S. Smart Lighting Market to 2032 with a revenue of 10.00 USD Billion in the year 2024.
- Wireless Technology is the Fastest growing segment in U.S. Smart Lighting Market to 2032 with a Growth rate of 46.72 % in forecast period 2025-2032.
-
U.S. Smart Lighting Market to 2032, By Application Type
- Indoor Application is the largest segment in U.S. Smart Lighting Market to 2032 with a revenue of 11.30 USD Billion in the year 2024.
- Indoor Application is the Fastest growing segment in U.S. Smart Lighting Market to 2032 with a Growth rate of 48.42 % in forecast period 2025-2032.
U.S. Smart Lighting Market Company Share Analysis
| Company Name |
|
||
| Legrand | |||
| Signify Holding | |||
| Seiko Epson Corporation | |||
| Honeywell International Inc. | |||
| WOLFSPEED, INC. | |||
U.S. Smart Lighting Market Geographical Sales Distribution, 2018-2032 USD Billion
U.S. Smart Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The U.S. Smart Lighting Market is segmented based on Segmentation Offering,Installation Type,Communication Technology,Application Type.
U.S. Smart Lighting Market was valued at USD 16.46(Revenue in USD Billion) in 2018.
U.S. Smart Lighting Market is projected to grow at a CAGR of 48.11% during the forecast period of 2024 to 2032.
The Retrofit Installation segment is expected to dominate the U.S. Smart Lighting Market, holding a largest market share of 11.57 USD Billion in 2024
U.S. Smart Lighting Market Scope
U.S. Smart Lighting Market Segmentation & Scope
Offering
- Services
- Software
- Hardware
Installation Type
- New Installation
- Retrofit Installation
Communication Technology
- Wireless Technology
- Wired Technology
Application Type
- Outdoor Application
- Indoor Application
Frequently Asked Questions
The U.S. Smart Lighting Market is segmented based on Segmentation Offering,Installation Type,Communication Technology,Application Type.
U.S. Smart Lighting Market was valued at USD 16.46(Revenue in USD Billion) in 2018.
U.S. Smart Lighting Market is projected to grow at a CAGR of 48.11% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Smart Lighting Market for final year is USD 89.86 (USD Billion).
U.S. Smart Lighting Market Company Profiling
Frequently Asked Questions
The U.S. Smart Lighting Market is segmented based on Segmentation Offering,Installation Type,Communication Technology,Application Type.
U.S. Smart Lighting Market was valued at USD 16.46(Revenue in USD Billion) in 2018.
U.S. Smart Lighting Market is projected to grow at a CAGR of 48.11% during the forecast period of 2024 to 2032.
The estimated market value of the U.S. Smart Lighting Market for final year is USD 89.86 (USD Billion).
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