Smart Commercial Lighting Market Expected to Grow at a CAGR of 20.8% from 2016 to 2022

October 3, 2018

The multibillion dollar smart commercial lighting market started witnessing growth from the beginning of the current decade, supported by energy saving lighting solutions, government support and growing demand for the IOT based solutions. Despite this, certain factors such as high cost, cyber threats and lack of awareness may still affect the growth of the smart commercial lighting market. 

A report produced by HTF Market Intelligence estimates the smart commercial lighting market wull grow at a CAGR of 20.8% during the forecasted period from 2016 to 2022.

A demand for tsmart energy infrastructure and green buildings is helping the commercial smart lighting market to expand in the Americas and Europe. Wireless technologies and smart network components such as sensors are supporting the growth of this market. These network components help in secure and reliable transfer of data between the connected devices. A few of the smart lighting lamps available today include Bluetooth enabled compact fluorescent lamps (CFL),Wi-Fi enabled LEDs, and ZigBee enabled lighting systems. Key vendors include Philips Lighting, GE lighting, Acuity Brands Inc. and Google Inc. The report also talks about companies to watch for such as Smart Lighting Engineering (SLE), LED Roadways Lighting Ltd. (LRL), LIFX, Digital Lumens, and Enlighted Inc.

Find out more: https://www.htfmarketreport.com/reports/164851-smart-commercial-lighting-technologies-1.

Related Articles

Leviton Achieves 29% Decrease in Overall GHG Emissions from 2021 to 2023

Leviton Achieves 29% Decrease in Overall GHG Emissions from 2021 to 2023

Leviton recently announced that it achieved a 29% drop in overall greenhouse gas (GHG) emissions from the 2021 baseline year, a major step towards the goal of becoming carbon neutral company-wide by the year 2030 with their CN2030 program. Through on-site renewable energy generation, accelerated energy efficiency efforts, moving to renewable and clean energy providers, and investment into certified carbon offset projects for remaining residual emissions, Leviton’s CN2030 program is taking a multi-pronged approach to tackle the climate crisis.

Legrand

Independent University Study Validates Indigo-Clean® Kills SARS-CoV-2, Influenza-A

Recently, Legrand, the parent company of Kenall Manufacturing, and the Icahn School of Medicine at Mount Sinai in New York City, announced the publication of research showing Indigo Clean® light disinfection technology effectively and safely inactivates SARS-CoV-2 and influenza A viruses in a range of real-world clinical settings.

Changing Scene

  • July 10, 2025 - Mac’s II Agencies Announce Addition to Project & Specification Sales Team

    Mac’s II Agencies Announces Addition to Project & Specification Sales Team

    Mac’s II Agencies is pleased to announce that Drazen Jerkovic will be joining their Project & Specification Sales team in the Lighting Division later this fall. With over 25 years of experience in the lighting and electrical industry, Drazen is a highly respected consultant known for his technical knowledge and deep understanding of project delivery. His recent role… Read More…

  • Noramco-Announces-Samantha-Boernsen-as-New-Regional-Sales-Manager-Winnipeg

    Noramco Announces Samantha Boernsen as New Regional Sales Manager, Winnipeg

    Please join Noramco in welcoming Samantha Boernsen as Regional Sales Manager, Winnipeg! Samantha brings a wealth of experience in the electrical industry, with a strong focus on lighting, marketing strategy, and customer engagement. She has built her career on connecting technical expertise with real-world application, making her a trusted partner to clients and colleagues alike.… Read More…

Design

  • Bold, Programmable Lighting Upgrade Helps Draw Visitors to Key Destination Point in Calgary

    Bold, Programmable Lighting Upgrade Helps Draw Visitors to Key Destination Point in Calgary

    The CF Chinook Centre (more commonly known as Chinook Centre) was always destined to be a major destination point for Calgary. Opened in 1965, it is conveniently located near the city center and is only 20 minutes from Calgary International Airport. Over the years, it grew to become Calgary’s largest shopping mall with more than… Read More…

  • Infrastructure Lighting Fixtures: Why Scale Matters

    Infrastructure Lighting Fixtures: Why Scale Matters

    In infrastructure projects, the size and scale of outdoor lighting fixtures are critical—not just for aesthetics, but for functionality, safety, and long-term performance. Whether lighting a streetscape, transit hub, or civic plaza, appropriately scaled fixtures help create environments that are both visually coherent and effectively illuminated. Public lighting plays a role in shaping how spaces… Read More…

New Products