Market Forecast By Light Source (Fluorescent Lamps, Light Emitting Diodes, High Intensity Discharge Lamps), By Product Type (Luminaries Smart Bulbs, Fixtures, Lighting Controls Led Drivers & Ballasts, Sensors, Switches & Dimmers, Relay Units, Gateways), By Communication Technology (Wired, Wireless), By Applications (Residential, Commercial, Industrial, Others) and competitive landscape
Product Code: ETC003828 | Publication Date: Aug 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | United Kingdom Smart Indoor Lighting Market |
Forecast period | 2025-2031 |
CAGR | 13% |
Growing Sector | Commercial & Residential Sector |
United Kingdom Smart Indoor Lighting Market report thoroughly covers the market by Light Source, by Product Type, by Communication Technology, by Applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
United Kingdom Smart Indoor Lighting Market has been Developing and is predicted to rise more at a significant growth rate during the forecast period 2024 to 2030. There are several factors contributing to the market growth such as increasing demand for energy-efficient solutions, rising concerns about environmental sustainability, and growing demand for enhanced user experience and convenience and advancements in technology.
According to 6Wresearch, United Kingdom Smart Indoor Lighting Market size is expected to grow at a significant CAGR of 13% during 2025-2031. One of the major factors is the rising demand for energy-efficient solutions due to increasing concerns about climate change and the depletion of natural resources. Smart indoor lighting systems offer significant energy savings compared to traditional lighting solutions, making them a popular choice among consumers. Another driver is the growing adoption of IoT devices in homes and commercial buildings. These devices enable smart indoor lighting systems to communicate with other smart home devices, creating a more integrated and convenient living experience.
In addition, there are also grants and funding programs available for businesses and households looking to upgrade their lighting systems to more energy-efficient options. For instance, the Green Homes Grant scheme provides vouchers for homeowners to install energy-saving measures such as smart lighting. The UK government also collaborates with the lighting industry through partnerships and initiatives to drive innovation in smart lighting technology
The market is also dealing with a number of challenges that are hampering its growth. One major challenge is the high initial cost of installing these systems. This can be a significant barrier for consumers, especially in the current economic climate. Moreover, there is also a lack of standardization and compatibility issues between different smart home devices, which can make it challenging for consumers to create a cohesive and efficient smart lighting system.
Some of the leading players in the UK smart indoor lighting market include Philips Lighting, Signify NV (formerly known as Philips Lighting), Osram Licht AG, General Electric Company, and Honeywell International Inc. These companies are continuously innovating and investing in research and development to improve their product offerings and maintain a competitive edge in the market. Furthermore, partnerships and collaborations with other technology companies are also common among these players to expand their market reach and offer more integrated solutions.
One such regulation is the Energy Performance of Buildings Directive (EPBD), which requires all new buildings in the UK to have a minimum level of energy efficiency. This includes using smart lighting systems that can automatically adjust lighting levels based on occupancy and natural light availability. Another important regulation is the Minimum Energy Efficiency Standards (MEES) which sets a minimum standard for energy performance in rental properties. Landlords are required to meet these standards by implementing energy-efficient measures, including the use of smart indoor lighting systems.
With a strong focus on sustainability and energy efficiency, smart indoor lighting is expected to become an integral part of modern homes and commercial buildings in the UK, making it a highly lucrative investment opportunity for both companies and consumers.
In order to further boost the growth of the integration of these systems with other smart home devices will further enhance their popularity and adoption. Moreover, as more stringent regulations and building standards come into effect, the demand for sustainable living solutions like smart indoor lighting systems will only increase. As such, this market presents significant opportunities for both new entrants and established players to capitalize on in the forecast period and beyond. So, it is an exciting time for the UK smart indoor lighting market, with immense potential for growth and innovation.
According to Dhaval, Research Manager, 6Wresearch, one of the light sources that has seen a significant rise in demand in the United Kingdom's smart indoor lighting market is Light Emitting Diodes (LEDs). This can be attributed to their energy efficiency, long lifespan, and versatility in terms of color options and dimming capabilities.
Out of all the product types mentioned above, the one that is currently experiencing a significant growth in demand is smart bulbs. These are energy-efficient LED bulbs that can be controlled remotely through a smartphone or voice commands. They not only provide convenience but also offer customizable lighting options for different moods and settings.
In recent years, there has been a growing demand for wireless communication technology in the UK smart indoor lighting market. This is due to several reasons, such as convenience, flexibility, and cost-effectiveness.
The commercial sector has witnessed a significant growth in demand for smart indoor lighting systems in the United Kingdom. With the rise of smart buildings and intelligent workspaces, businesses have recognized the benefits of implementing energy-efficient and customizable lighting solutions.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. United Kingdom Smart Indoor Lighting Market Overview |
3.1. United Kingdom Country Macro Economic Indicators |
3.2. United Kingdom Smart Indoor Lighting Market Revenues & Volume, 2021 & 2031F |
3.3. United Kingdom Smart Indoor Lighting Market - Industry Life Cycle |
3.4. United Kingdom Smart Indoor Lighting Market - Porter's Five Forces |
3.5. United Kingdom Smart Indoor Lighting Market Revenues & Volume Share, By Light Source, 2021 & 2031F |
3.6. United Kingdom Smart Indoor Lighting Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7. United Kingdom Smart Indoor Lighting Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
3.8. United Kingdom Smart Indoor Lighting Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4. United Kingdom Smart Indoor Lighting Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. United Kingdom Smart Indoor Lighting Market Trends |
6. United Kingdom Smart Indoor Lighting Market, By Types |
6.1. United Kingdom Smart Indoor Lighting Market, By Light Source |
6.1.1 Overview and Analysis |
6.1.2. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Light Source, 2021- 2031F |
6.1.3. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Fluorescent Lamps, 2021- 2031F |
6.1.4. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Light Emitting Diodes, 2021- 2031F |
6.1.5. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By High Intensity Discharge Lamps, 2021- 2031F |
6.2. United Kingdom Smart Indoor Lighting Market, By Product Type |
6.2.1. Overview and Analysis |
6.2.2. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Luminaries Smart Bulbs, 2021- 2031F |
6.2.3. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Fixtures, 2021- 2031F |
6.2.4. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Lighting Controls Led Drivers & Ballasts, 2021- 2031F |
6.2.5. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Sensors, 2021- 2031F |
6.2.6. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Switches & Dimmers, 2021- 2031F |
6.2.7. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Relay Units, 2021- 2031F |
6.3. United Kingdom Smart Indoor Lighting Market, By Communication Technology |
6.3.1. Overview and Analysis |
6.3.2. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Wired, 2021- 2031F |
6.3.3 United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Wireless, 2021- 2031F |
6.4. United Kingdom Smart Indoor Lighting Market, By Applications |
6.4.1. Overview and Analysis |
6.4.2. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.3. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4.4. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Industrial, 2021- 2031F |
6.4.5. United Kingdom Smart Indoor Lighting Market Revenues & Volume, By Others, 2021- 2031F |
7. United Kingdom Smart Indoor Lighting Market Import-Export Trade Statistics |
7.1. United Kingdom Smart Indoor Lighting Market Export to Major Countries |
7.2. United Kingdom Smart Indoor Lighting Market Imports from Major Countries |
8. United Kingdom Smart Indoor Lighting Market Key Performance Indicators |
8.1. United Kingdom Residential Sector Outlook |
8.2. United Kingdom Commercial Sector Outlook |
8.3. United Kingdom Industrial Outlook |
8.4. United Kingdom Government Spending Outlook |
8.5. United Kingdom Transport & Infrastructure Outlook |
9. United Kingdom Smart Indoor Lighting Market - Opportunity Assessment |
9.1. United Kingdom Smart Indoor Lighting Market Opportunity Assessment, By Light Source, 2021 & 2031F |
9.2. United Kingdom Smart Indoor Lighting Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3. United Kingdom Smart Indoor Lighting Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
9.4. United Kingdom Smart Indoor Lighting Market Opportunity Assessment, By Applications, 2021 & 2031F |
10. United Kingdom Smart Indoor Lighting Market - Competitive Landscape |
10.1. United Kingdom Smart Indoor Lighting Market Revenue Share, By Companies, 2024 |
10.2. United Kingdom Smart Indoor Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |