Lighting as a Service Market by End-User (Commercial, Municipal, and Industrial), Installation (Indoor, and Outdoor), Component (Luminaires, Software & Communication Systems, and Maintenance Services), and Region - Global Forecast to 2021

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Date: 07-Oct-2016
No. of pages: 146
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“The lighting as a service market is projected to grow at a CAGR of 46.30% from 2016 to 2021”

The lighting as a service market is projected to reach USD 638.7 million by 2021, growing at a CAGR of 46.3% from 2016 to 2021. Lighting as a service (LaaS) is an enhanced form of lighting that is enabling the move from traditional lighting to smart lighting using sensors and Internet of Thing (IoT) technology to reduce energy cost and increase energy efficiency without any investment from the end-user. Increasing demand for energy efficient lighting and government policies and regulations for adoption of energy efficient lighting systems are expected to drive the lighting as a service market. Lack of awareness about the true value propositions of the lighting as service model is acting as a restraint for the growth of the lighting as a service market.  

“Municipal end user segment is expected to grow at a highest CAGR”

The Municipal segment is expected to witness fastest demand during the forecast period. The municipal end users include lighting offered by local governments for streets, open public spaces, walkways, bridges, public parking areas, and highways. Plans to develop smart city infrastructure is driving municipalities to adopt advanced, intelligent lighting systems.

With regard to end-users, the commercial segment is estimated to constitute the largest segment of the lighting as a service market in 2016. The energy savings and cost reductions promised by lighting as a service constitute an attractive offer for commercial end users in view of the increasing corporate focus on sustainability and energy efficiency.

“North America: The largest market for lighting as a service market”

North America is currently the largest market for lighting as a service, closely followed by Europe. The lighting as a service market in North America will be driven by demand from commercial establishments keen to leverage the cost saving potential of efficient lighting systems and contribute to the global movement to reduce energy consumption. The market in region is projected to grow at a high rate, with the U.S. estimated to register the fastest growth in the region. Europe is expected to grow at the highest CAGR during the forecast period owing to increasing demand from the commercial as well as industrial sectors.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:


  • By Company Type: Tier 1- 40%, Tier 2- 10%, Tier 3- 50%

  • By Designation: C-Level- 65%, D-Level- 25%, Others- 10%

  • By Region: Europe-36%, North America- 22%, Asia-Pacific- 16%, Latin America-18, and Middle East & Africa- 8%


Note: The tier of the companies has been defined on the basis of their total revenue; as of 2015: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion, and Tier 3 = < USD 1 billion.

The leading players in the lighting as a service market include Koninklijke Philips N.V. (Netherlands), General Electric Lighting (U.S.), Zumtobel Group AG (Austria), SIB Lighting (U.S.), Lunera Lighting (U.S.), Igor Inc. (U.S.) and Cree Inc. (U.S.).

Research Coverage:

By End-User

The lighting as a service market, based on end-user, has been segmented into commercial, municipal, and industrial.

By Component

The lighting as a service market, based on components, has been classified into luminaires and control equipment, software and communication systems and maintenance & other services. Other services includes energy auditing and designing, among others.

By Installation

Based on installation, the lighting as service market has been classified into indoor and outdoor. The indoor segment comprises lighting systems installed in enclosed areas of a building or place. Whereas, the outdoor segment comprises lighting systems installed in open air areas of a building or place.

By Region

The global lighting as a service market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Why buy this report?


  • The report identifies and addresses key markets for lighting as a service, which is useful for service providers to review the growth in demand for the service.

  • The report helps service providers to understand the pulse of the market and provides insights on drivers, restraints, and challenges.

  • The report will help key players to better understand the competition’s strategies and will help in making strategic decisions.

Lighting as a Service Market by End-User (Commercial, Municipal, and Industrial), Installation (Indoor, and Outdoor), Component (Luminaires, Software & Communication Systems, and Maintenance Services), and Region - Global Forecast to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.3.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions & Limitations
2.4.1 Assumptions

3 Executive Summary
3.1 Introduction
3.2 Historical Backdrop, Evolution, & Current Scenario
3.3 Future Outlook
3.4 Conclusion

4 Premium Insights
4.1 North America is Expected to Hold the Largest Market Share During the Forecast Period
4.2 Lighting as a Service Market, By End-User
4.3 Lighting as a Service Market, By Installation
4.4 Lighting as a Service Market, By Component
4.5 North America Lighting as a Service Market

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Component
5.2.2 By End-User
5.2.3 By Installation
5.2.4 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Zero Capital Cost Model & Improved Financial Benefits
5.3.1.2 Government Policies & Regulations for Adoption of Energy-Efficient Lighting Systems
5.3.2 Restraint
5.3.2.1 Lack of Awareness About the Value of A Service Oriented Model of Lighting
5.3.3 Opportunities
5.3.3.1 Convergence of Internet of Things With Lighting Systems
5.3.3.2 Development of Smart Cities
5.3.4 Challenges
5.3.4.1 Low-Quality Led Products Flooding the Market and Their Poor Performance

6 Lighting as a Service Market, By End-User
6.1 Introduction
6.2 Commercial
6.3 Municipal
6.4 Industrial
6.5 Regional Overview

7 Lighting as a Service Market, By Installation
7.1 Introduction
7.2 Indoor
7.3 Outdoor
7.4 Regional Overview

8 Lighting as a Service Market, By Component
8.1 Introduction
8.2 Luminaire & Control Equipment
8.3 Software & Communication Systems
8.4 Maintenance & Other Services
8.5 Regional Overview

9 Lighting as a Service Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.3 Europe
9.3.1 U.K.
9.3.2 Netherlands
9.3.3 Austria
9.3.4 Belgium
9.3.5 Rest of Europe
9.4 Asia-Pacific
9.4.1 India
9.4.2 Japan
9.4.3 South Korea
9.4.4 Singapore
9.4.5 Rest of Asia-Pacific
9.5 Latin America
9.5.1 Chile
9.5.2 Colombia
9.5.3 Rest of Latin America
9.6 Middle East & Africa
9.6.1 UAE
9.6.2 Rest of the Middle East & Africa

10 Competitive Landscape
10.1 Overview
10.2 Competitive Situation & Trends
10.3 Contracts & Agreements
10.4 Partnerships & Collaborations
10.5 Investments & Expansions
10.6 New Service Launches

11 Company Profiles
11.1 Introduction
11.2 Koninklijke Philips N.V
11.2.1 Business Overview
11.2.2 Services Offered
11.2.3 Developments, 2013–2016
11.2.4 SWOT Analysis
11.2.5 MnM View
11.3 General Electric Lighting
11.3.1 Business Overview
11.3.2 General Electric Lighting: Company Snapshot
11.3.3 Services Offered
11.3.4 Developments, 2013–2016
11.3.5 SWOT Analysis
11.3.6 MnM View
11.4 Zumtobel Group AG
11.4.1 Business Overview
11.4.2 Services Offered
11.4.3 Developments, 2014–2016
11.4.4 SWOT Analysis
11.4.5 MnM View
11.5 SIB Lighting
11.5.1 Business Overview
11.5.2 Services Offered
11.5.3 Developments, 2016
11.6 IGOR Inc.
11.6.1 Business Overview
11.6.2 Products Offered
11.6.3 Developments, 2014
11.7 Lunera Lighting
11.7.1 Business Overview
11.7.2 Services Offered
11.7.3 Developments, 2016
11.8 RCG Lighthouse
11.8.1 Business Overview
11.8.2 Services Offered
11.8.3 Developments, 2015
11.9 Cree, Inc.
11.9.1 Business Overview
11.9.2 Cree, Inc.: Company Snapshot
11.9.3 Products & Services Offered
11.9.4 Developments, 2014–2016
11.10 Itelecom USA
11.10.1 Business Overview
11.10.2 Products & Services Offered
11.10.3 Developments, 2015–2016
11.11 Future Energy Solutions
11.11.1 Business Overview
11.11.2 Products & Services Offered
11.11.3 Developments, 2013–2015

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Introducing RT: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports

List of Tables

Table 1 Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 2 Commercial: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 3 Municipal: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 4 Industrial: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 5 North America: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 6 Europe: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 7 Asia-Pacific: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 8 Latin America: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 9 Middle East & Africa: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 10 Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 11 Indoor: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 12 Outdoor: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 13 North America: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 14 Europe: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 15 Asia-Pacific: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 16 Latin America: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 17 Middle East & Africa: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 18 Lighting as a Service Market Size, By Component, 2014–2021 (USD Million)
Table 19 Luminaire & Control Equipment: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 20 Software & Communication Systems: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 21 Maintenance & Other Services: Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 22 North America: Lighting as a Service Market Size, By Component, 2014–2021 (USD Million)
Table 23 Europe: Lighting as a Service Market Size, By Component, 2014–2021 (USD Million)
Table 24 Asia-Pacific: Lighting as a Service Market Size, By Component, 2014–2021 (USD Million)
Table 25 Latin America: Lighting as a Service Market Size, By Component, 2014–2021 (USD Million)
Table 26 Middle East & Africa: Lighting as a Service Market Size, By Component, 2014–2021 (USD Million)
Table 27 Lighting as a Service Market Size, By Region, 2014–2021 (USD Million)
Table 28 North America: Lighting as a Service Market Size, By Country, 2014–2021 (USD Million)
Table 29 U.S.: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 30 U.S.: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 31 Canada: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 32 Canada: Lighting as a Service Market Size, By Installation, 2014–2020 (USD Million)
Table 33 Europe: Lighting as a Service Market Size, By Country, 2014–2021 (USD Million)
Table 34 U.K.: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 35 U.K.: Lighting as a Service Market Size, By Installation, 2014–2020 (USD Million)
Table 36 Netherlands: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 37 Netherlands: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 38 Austria: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 39 Austria: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 40 Belgium: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 41 Belgium: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 42 Rest of Europe: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 43 Rest of Europe: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 44 Asia-Pacific: Lighting as a Service Market Size, By Country, 2014–2020 (USD Million)
Table 45 India: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 46 India: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 47 Japan: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 48 Japan: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 49 South Korea: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 50 South Korea: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 51 Singapore: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 52 Singapore: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 53 Rest Asia-Pacific: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 54 Rest of Asia-Pacific: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 55 Latin America: Lighting as a Service Market Size, By Country, 2014–2021 (USD Million)
Table 56 Chile: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 57 Chile: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 58 Colombia: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 59 Colombia: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 60 Rest of Latin America: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 61 Rest of Latin America: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 62 Middle East & Africa: Lighting as a Service Market Size, By Country, 2014–2021 (USD Million)
Table 63 UAE: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 64 UAE: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 65 Rest of Middle East & Africa: Lighting as a Service Market Size, By End-User, 2014–2021 (USD Million)
Table 66 Rest of the Middle East & Africa: Lighting as a Service Market Size, By Installation, 2014–2021 (USD Million)
Table 67 Contracts & Agreements, 2015–2016
Table 68 Partnerships & Collaborations, 2014–2016
Table 69 Investments & Expansions, 2013–2015
Table 70 New Service Launches, 2014–2016

List of Figures

Figure 1 Lighting as a Service: Market Segmentation
Figure 2 Lighting as a Service: Country-Wise Scope
Figure 3 Lighting as a Service Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Data Triangulation Methodology
Figure 8 Lighting as a Service: the Business Model
Figure 9 North America Occupied the Largest Market Share (Value), in 2015
Figure 10 Lighting as a Service Market Share (Value), By Installation, 2015
Figure 11 Commercial Segment is Expected to Dominate the Lighting as a Service Market During the Forecast Period
Figure 12 North America to Dominate the Commercial End-User Segment While Europe to Grow at the Fastest Rate During the Forecast Period
Figure 13 Luminaire & Control Equipment is Expected to Continue to Be the Largest Segment, By Component, 2021
Figure 14 Attractive Market Opportunities in the Lighting as a Service Market, 2016–2021
Figure 15 The European & Asia-Pacific Markets are Expected to Grow at the Highest CAGRs From 2016 to 2021
Figure 16 Demand From Commercial Segment is Expected to Dominate the Lighting as a Service Market During Forecast Period
Figure 17 Outdoor Segment is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 18 Software & Communication Systems Segment is Expected to Grow at the Highest CAGR From 2016 to 2021
Figure 19 U.S. Accounted for the Largest Share in the North American Lighting as a Service Market in 2015
Figure 20 Lighting as a Service Market: Market Segmentation
Figure 21 Lighting as a Service Market: By Component
Figure 22 Lighting as a Service Market: By End-User
Figure 23 Lighting as a Service Market: By Installation
Figure 24 Lighting as a Service Market: By Region
Figure 25 The Zero Capital Cost Nature of Lighting as a Service is Expected to Drive the Market
Figure 26 Lighting as a Service Market Share (Value), By End-User, 2015
Figure 27 Municipal End-User Segment is Projected to Be the Fastest Growing Market for Lighting as a Service, 2016–2021
Figure 28 Lighting as a Service Market Share (Value), By Installation, 2015
Figure 29 Outdoor Installation Segment is Projected to Be the Fastest Growing Market for Lighting as a Service, 2016–2021
Figure 30 Lighting as a Service Market Share (Value), By Component, 2015
Figure 31 Software & Communication Systems Segment is Projected to Be the Fastest Growing Market During the Forecast Period
Figure 32 Lighting as a Service Market Share (Value), By Region, 2015
Figure 33 Top 10 Growing Markets: Countries in North America & Europe to Lead Growth During the Forecast Period
Figure 34 The European Lighting as a Service Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 35 Regional Snapshot: North America is Expected to Continue to Dominate the Lighting as a Service Market During the Forecast Period
Figure 36 Companies Adopted Contracts & Agreements as the Key Growth Strategy, 2013–2016
Figure 37 Market Evaluation Framework, 2013–2016
Figure 38 Battle for Market Share: Contracts & Agreements Was the Key Strategy, 2013–2016
Figure 39 Region-Wise Revenue Mix of the Top 3 Market Players
Figure 40 Koninklijke Philips N.V: Company Snapshot
Figure 41 Koninklijke Philips N.V: SWOT Analysis
Figure 42 General Electric Lighting : SWOT Analysis
Figure 43 Zumtobel Group AG: Company Snapshot
Figure 44 Zumtobel Group AG: SWOT Analysis
Figure 45 SIB Lighting: Company Snapshot
Figure 46 IGOR Inc.: Company Snapshot
Figure 47 Lunera Lighting: Company Snapshot
Figure 48 RCG Lighthouse: Company Snapshot
Figure 49 Itelecom USA: Company Snapshot
Figure 50 Future Energy Solutions: Company Snapshot

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