Commercial IoT Lighting Solutions to Reach US$4.5 Billion by 2026

November 6, 2017

Expect global market revenue for IoT lighting in commercial buildings to grow from US$651.1 million in 2017 to US$4.5 billion in 2026, says a new report from Navigant Research.

Lighting controls originally designed for dimming or daylighting have evolved beyond those original functions to include space utilization, conference room management, increased employee productivity, and improved operational efficiency by removing labour required by facility managers or other building personnel. The evolution from an intelligent lighting control system toward an IoT lighting system has occurred in large part because of the easy use of sensors as a host for IoT applications.

Internet of Things (IoT) lighting solutions bring connectivity to devices that were previously not connected and provide data (where data were not available) through the connection. An IoT lighting system also enables one device to talk with another device. Connectivity and communication can happen between devices within the lighting system and between lighting devices and non-lighting devices. Networked lighting controls achieve many of the aspects described in this definition of IoT lighting solutions. These solutions add to a networked system by providing some level of artificial intelligence (AI) and machine learning to deliver additional benefits.

This Navigant Research report analyzes the global market for IoT lighting solutions, including hardware, software, and services, within commercial buildings. The study examines use cases and provides case studies highlighting IoT lighting solutions in select building types. Global market forecasts for revenue, segmented by offering type, building type, and region, extend through 2026. The report also analyzes market issues, including key drivers and barriers for IoT lighting solutions in commercial buildings, as well as prevalent and emerging communication protocols for IoT lighting systems.

Find out more: https://www.navigantresearch.com/research/iot-for-lighting

Photo source: IEEE

Related Articles


Changing Scene

  • LEDucation 2024 – Concluded with Record-Breaking Attendance

    The LEDucation Trade Show and Conference, organized by the Designers Lighting Forum New York, wrapped 2024 with record-breaking attendance, welcoming more than 10,000 registrants from all aspects of the lighting industry. LEDucation celebrated its 18th year in New York City March 19–20 at the New York Hilton Midtown, becoming North America’s largest annual lighting industry… Read More…

  • Part 1: How Many Studies Does it Take to Change a Lightbulb?

    March 18, 2024 How studies in vision inform lighting standards at Night By Noah Sabatier Changing a light bulb in our home is perhaps the most simple task in which we can still credit ourselves for performing household maintenance. The amount of thought such an operation receives rarely extends beyond looking for the most efficient… Read More…


Design

  • Case Study: Windsor Family Credit Union (WFCU) with Salex SW

    Case Study: Windsor Family Credit Union (WFCU) with Salex SW

    February 6, 2024 Since 1940, WFCU Credit Union is a prominent and forward-thinking financial institution based in Windsor and Essex County. For over 80 years, WFCU has been dedicated to serving Ontario residents, community, organizations, small businesses, commercial entities, and public institutions. Their new headquarters in Kitchener was created as they continue to grow their… Read More…

  • Coaticook Suspended Footbridge: An Ever-Changing Luminous Canvas, Painted by Nature

    Coaticook Suspended Footbridge: An Ever-Changing Luminous Canvas, Painted by Nature

    December 5, 2023 At 170 m (554 ft) long and 50 m (160 ft) high, the Coaticook Canyon Bridge at Parc de la Gorge de Coaticook is one of the longest suspension footbridges in North America and one of the most popular tourist attractions in the Eastern Townships. For several years, the Parc de la… Read More…


New Products

  • Liteline ORBIT 2″ Gimbal Recessed Fixture

    The ORBIT is a 5 watt 2″ gimbal recessed light fixture for retrofit applications, with 360° rotation and 80° tilt. It is a high-performance, easy to install downlight solution that offers good light output, energy-efficiency and streamlined design. Suitable for wet locations and ideal for vaulted ceiling and soffit installations. BodyDurable aluminum body with 360°… Read More…

  • Acclaim Lighting Introduces All-Weather Terra Drum with Multiple Color Options

    Acclaim Lighting introduces the Terra Drum series, rugged, all-weather inground, drive-over ready rated fixtures designed for recessed façade and tree lighting applications.  Available in 15-, 30- and 60-watt versions, Terra Drums have a drive-over rating of up to 6,000 lbs. (2,721kg). They are offered in 2400K, 2700K, 3000K, 3500K, 4000K, Dynamic White (2700K-6000K), Quad Spectrum… Read More…