Asia Pacific Smart Lighting Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

 Asia Pacific Smart Lighting Market Size

• The Asia Pacific Smart Lighting Market size was valued at USD 4.9 billion in 2024 and is expected to reach USD 15.4 billion by 2032, at a CAGR of 17.8% during the forecast period.
• This growth is driven by Increased awareness of sustainability and cost-saving on energy bills is pushing residential and commercial adoption.

Asia Pacific Smart Lighting Market Analysis

• Smart lighting is integral to smart cities for adaptive illumination, energy savings, and safety. Cities like Los Angeles and New York are rapidly deploying connected street lighting systems.
• Federal and state-level policies in the CHINA and Canada offer tax rebates and subsidies for energy-efficient retrofits.  
• CHINA holds a significant market share due to Technological Advancements.
• CHINA is expected to register the fastest growth, fuelled by IoT and Wireless Control Integration.
• The Software segment is projected to account for a significant market share of approximately 32.2% in 2025, driven by Government Incentives for Energy Efficiency.

Report Scope and Asia Pacific Smart Lighting Market Segmentation 

Asia Pacific Smart Lighting Market Trends

“Cloud computing”

• Cloud computing adoption in IoT for public safety enhances scalability, flexibility, and cost-efficiency. Cloud platforms facilitate real-time data analysis and remote access, improving emergency coordination. 
• IoT technologies are increasingly being integrated into smart city infrastructures, supporting enhanced surveillance, traffic management, and emergency response. This fosters better resource management during critical events.
• In April 23, 2024, Luminar introduced its new compact lidar sensor named Halo and announced a partnership with auto software maker Applied Intuition. This collaboration aims to help automakers test their assisted driving systems more effectively by integrating Applied Intuition's sensor simulator with Luminar's lidar sensor models.
• Cloud-based platforms offer scalability and real-time data processing capabilities, enhancing coordination between agencies during emergencies.

Asia Pacific Smart Lighting Market Dynamics

Driver

“Simplified Data Management”

• Modern IoT platforms allow non-technical personnel to analyze and manage data independently, speeding up decision-making.
• Growing regulatory demands push for IoT solutions that meet data protection and public safety standards, fostering trust and operational efficiency.
  • For instance, In May 23, 2019, Aurora, a developer of self-driving car technology, announced its acquisition of Blackmore, a lidar company specializing in a Doppler lidar system capable of detecting both the distance and velocity of objects. This acquisition is a strategic move to enhance Aurora's perception capabilities, which are critical to the success of autonomous vehicles.
• Philips Hue partnered with Nobilia to introduce integrated smart lighting solutions for kitchen furniture, featuring custom Hue lights designed exclusively for Nobilia.

Opportunity

“Predictive Analytics & Data Mining”

• These tools help agencies anticipate incidents, allocate resources more efficiently, and take proactive measures.
• Increasing digitalization in North American cities opens doors for IoT vendors to provide advanced public safety solutions.
  • For instance, as of February 2023, Velodyne Lidar, a Silicon Valley–based lidar technology company, merged with Ouster, consolidating their operations to strengthen their position in the lidar market
• Hexagon Safety & Infrastructure deployed integrated IoT dashboards across several China states to unify operations among police, fire, and EMS units.

Restraint/Challenge

“Capital Intensive Deployments”

• Initial costs for hardware, software, and system integration pose barriers, especially for small and mid-sized municipalities.
• High upfront costs of deploying IoT systems, including hardware, software, and services, are significant barriers for smaller municipalities.
  • For instance, In April 29, 2025, Mercedes-Benz entered a new agreement with Luminar Technologies to co-develop and integrate Luminar’s next-generation Halo lidar sensors into its vehicles. This marks the first development contract for Halo and may lead to a future supply agreement.
• Full-scale IoT deployments involving sensors, analytics, and infrastructure remain financially challenging for smaller jurisdictions.

Asia Pacific Smart Lighting Market Scope

The market is segmented based on Offering, Installation Type, and Communication Technology, Application Type.

In 2025, Software segment is projected to dominate the End User segment
The Software segment is expected to hold a market share of approximately 31.1% in 2025, driven by Advanced 5G and Edge Connectivity.

The Surveillance and Security segment is expected to account for the largest share during the forecast period in the Road Type market
In 2025, the Cities segment is projected to account for a market share of 29.8%, driven by Growing regulatory demands push for IoT solutions that meet data protection and public safety standards, fostering trust and operational efficiency.

“China Holds the Largest Share in the Asia Pacific Smart Lighting Market”

• China dominates the market due to Growing regulatory demands push for IoT solutions that meet data protection and public safety standards, fostering trust and operational efficiency.
• The China holds a significant share, driven by Modern IoT platforms allow non-technical personnel to analyze and manage data independently, speeding up decision-making.
• Increasing digitalization in North American cities opens doors for IoT vendors to provide advanced public safety solutions.

“China is Projected to Register the Highest CAGR in the Asia Pacific Smart Lighting Market”

• China growth is driven by Predictive Analytics & Data Mining.
• China is projected to exhibit the highest CAGR due to there's growing adoption of SaaS platforms tailored for government use, including those offered by Amazon Web Services (AWS).
• Analytics tools like predictive analytics and data mining allow agencies to extract actionable insights from IoT data, aiding proactive responses and efficient resource deployment.

Asia Pacific Smart Lighting Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

The Major Market Leaders Operating in the Market Are:

• Philips Lighting Holding B.V.
• Acuity Brands Lighting, Inc.
• Hafele,
• Honeywell International Inc.,
• Cree, Inc.
• Digital Lumens, Inc.
• OSRAM GmbH.,
• Lutron Electronics Co., Inc,
• Legrand SA,
• Seiko Epson Corporation,
• Encelium technologies,
• Virtual Extension, 
• Zumtobel Group AG,
• Wipro Consumer Care & Lighting,
• Schneider Electric SE, 
• Eaton,
• Leviton Manufacturing Co., Inc.,
• Syska LED
• Beam Labs B.V.

Latest Developments in Asia Pacific Smart Lighting Market

• In February 28, 2024, Shares of Luminar Technologies fell by about 10% after the company reported fourth-quarter results that missed expectations due to a delay in the production schedule of Volvo Cars' new EX90 electric SUVs.
• In September 2019, SmartDrive Systems secured $90 million of new capital in an investment round led by global investment company Sixth Street Partners. The funding aimed to enhance SmartDrive's video telematics solutions for safety and fuel efficiency in commercial fleets.
• In July 2011, Sensor Dynamics, known for its inertial sensors and automotive MEMS, was acquired by Maxim Integrated for $164 million. This acquisition aimed to expand Maxim's offerings in automotive sensor technologies.
• As of May 2025, Brilliant introduced its second-generation smart home control panels, featuring higher-resolution screens and improved responsiveness, following its acquisition by Almeida Strategic Investments and Cullinan Holdings in 2024. 

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