Lighting as a Service Market Size, Share, Opportunities, and Trends By Component (Luminaries and Controls, Software and Communication Systems, Services), By Installation (Indoor Installation, Outdoor Installation), By End-User (Commercial, Industrial, Others), And By Geography – Forecasts From 2025 To 2030

Lighting as a Service Market Size:

Lighting as a service (LaaS) Market is projected to grow at a CAGR of 33.68% to reach US$3.522 billion in 2030 from US$0.825 billion in 2025.

LED lights are deeply penetrating the market with their falling price and their capability to conserve energy. A significant portion of revenue in the lighting industry relies on the replacement of burned-out lamps, which offers lighting companies the opportunity to replace repeat sales of bulbs with recurring revenues from LaaS contracts. LaaS also enables upgrading existing lighting technology, allowing customers to keep pace with the rapid changes in lighting technology. Moreover, government initiatives promoting the adoption of energy-efficient lighting systems and the growing convergence of the Internet of Things with lighting are boosting the demand for the lighting as a service market.

Lighting as a Service Market Segmentation Analysis:

• By End-Users

Amongst end users, the municipal segment is growing at a robust pace due to the development of smart cities requiring more advanced and sustainable infrastructure. Municipal end-users primarily encompass lighting provided by local governments for streets, open public spaces, walkways, bridges, public parking areas, and highways. The commercial segment is growing significantly during the forecast period. The energy savings and cost reductions promised by lighting as a service represent an attractive offer for commercial end-users, given the rising corporate focus on sustainability and energy efficiency.

Lighting as a Service Market Geographical Outlook:

Geographically, North America is currently dominating the lighting as a service market, closely followed by Europe. The lighting as a service market in North America is being 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 the region is growing at a high rate. Europe is growing at the highest rate during the forecast period owing to increasing demand from the commercial and industrial sectors. The surge in commercial and residential infrastructure development in the Asia Pacific region is enhancing the demand for LaaS in the region.

The lighting as a service market report deep dives into the global industry landscape and provides strategic and executive-level insights complemented by data-driven analysis and forecasts. The report is updated regularly to help the decision-makers with actionable intelligence into the current market trends, emerging opportunities, and competitive intelligence. It explores the demand for various components of lighting as a service, such as luminaries and controls, software and communications systems and services, and their adoption across different geographies. The latest technological advancements in the lighting as a service market in addition to key government policies and regulations and macroeconomic factors are also analyzed to present a holistic view of the market.

Lighting as a Service Market Segmentations:

Lighting as a Service Market Segmentation by component:

The report analyzes the Lighting as a Service Market by components as below:

• Luminaries and Controls
• Software and Communication Systems
• Services

Lighting as a Service Market Segmentation by Installation:

The report analyzed the Lighting as a Service Market across 2 installation types as follows:

• Indoor Installation
• Outdoor Installation

Lighting as a Service Market Segmentation by End-User:

The report analyzes the Lighting as a Service Market by end-user segment as below:

• Commercial
• Industrial
• Others

Lighting as a Service Market Segmentation by Regions:

The study also analyzed the lighting as a service market into the following regions, with country-level forecasts and analysis as below:

• North America (USA, Canada, and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (United Kingdom, Germany, France, Spain, Italy and Others)
• Middle East and Africa (Saudi Arabia, UAE and Others)
• Asia Pacific (China, Japan, India, South Korea, Taiwan, Thailand, Indonesia, and Others)

Lighting as a Service Market Competitive Landscape:

The lighting as a service market is marked by the presence of key players such as Siemens, Philips Lighting, GE Lighting, and others who offer comprehensive lighting solutions and services.

Lighting as a Service Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Lighting as a service market size, forecasts, and trends by different components, with historical revenue data and analysis focusing on key factors driving adoption, current challenges faced by key players, and major growth areas.
• Lighting as a service market size, forecasts, and trends by installation type, with historical revenue data and analysis.
• Lighting as a service market size, forecasts, and trends by end-user segment, with historical revenue data and analysis across various segments.
• Lighting as a service market is also analyzed across different regions, with historical data, regional share, attractiveness, and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario, and other complementary factors aiding in market growth.
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model.
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.

How this report is helpful to you and reasons for purchase?

• The report provides a strategic outlook of the lighting as a service market to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
• The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report.
• Analyst support through calls and email for timely clarification and incorporating additional requests.
• Option of presentation or doc format with the estimates file to take care of diverse requirements.
• 15% FREE customization with all our reports help cater additional requirements with significant cost-savings.
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Lighting as a Service Market Scope:

Report Metric	Details
Lighting as a Service Market Size in 2025	US$0.825 billion
Lighting as a Service Market Size in 2030	US$3.522 billion
Growth Rate	CAGR of 33.68%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Component Installation End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Lighting as a Service Market	Siemens Signify Holdings (Philips Lighting) GE Lighting Zumtobel Group AG Stouch Lighting
Customization Scope	Free report customization with purchase

 

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. LIGHTING AS A SERVICE MARKET BY COMPONENT

5.1. Introduction

5.2. Luminaries and Controls

5.3. Software and Communication Systems

5.4. Services

6. LIGHTING AS A SERVICE MARKET BY INSTALLATION

6.1. Introduction

6.2. Indoor Installation

6.3. Outdoor Installation

7. LIGHTING AS A SERVICE MARKET BY END-USER 

7.1. Introduction

7.2. Commercial

7.3. Industrial 

7.4. Others

8. LIGHTING AS A SERVICE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. India

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Siemens

10.2. Signify Holdings (Philips Lighting)

10.3. GE Lighting

10.4. Zumtobel Group AG

10.5. Stouch Lighting

10.6. LEDVANCE GmbH

10.7. Igor Inc

10.8. Eaton

10.9. Honeywell International Inc.

10.10. Every Watt Matters

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

Siemens

Signify Holdings (Philips Lighting)

GE Lighting

Zumtobel Group AG

Stouch Lighting

LEDVANCE GmbH

Igor Inc

Eaton

Honeywell International Inc.

Every Watt Matters