Lighting as a Service: Navigant Global Market Analysis and Forecasts

Lighting Commercial Buildings

 

 

April 12 2016

According to a new report by Navigant Research, the stage is set for the rise of lighting as a service (LaaS). Global LaaS revenue is expected to grow from $35.2 million in 2016 to $1.6 billion in 2025. 

The lighting industry is in the midst of two concurrent upheavals. LED lighting is rapidly taking over from incumbent technologies, and lighting controls systems are greatly expanding the abilities of the technology that operates the lights. The lack of experience with new lighting and lighting controls products is one of the primary barriers to a more complete adoption of these beneficial technologies. In this atmosphere, the lighting industry is primed for yet another change — a shift in how all the solutions involved in a modern lighting system are provided to building end users. 

Navigant Research defines LaaS as the third-party management of a lighting system that may include additional technical, maintenance, financial, or other services. These offerings can begin with the installation of a lighting system, continue through maintenance and management, and even include the recycling or disposal of equipment at the end of its life. Several companies are beginning to offer combinations of these services as they experiment with how best to meet their customers’ needs. Navigant Research anticipates that these efforts represent the beginning of a trend that will mature and grow rapidly over the next 10 years. 

This Navigant Research report examines the global LaaS market for commercial buildings. The study provides an analysis of the market issues, technological developments, and regional trends related to LaaS, with a focus on four service types: professional, maintenance, managed, and others (such as financing). Global forecasts for revenue and square footage under LaaS management, segmented by region, service type, and building type, extend through 2025. The report also profiles select industry players and highlights the innovative ways they use networked lighting systems and cloud-based software to offer LaaS.

Find out more: https://www.navigantresearch.com/research/lighting-as-a-service.

Related Articles

Changing Scene

  • LEDVANCE Expands Ontario Presence with New Specification Agent

    LEDVANCE Expands Ontario Presence with New Specification Agent

    LEDVANCE is pleased to announce the appointment of Sterling Architectural Products Ltd. (Sterling Lights) as their new specification agent in Ontario. This partnership strengthens LEDVANCE’s presence in the region and reinforces their commitment to serving the professional lighting design and specification community with innovative, reliable lighting solutions. With decades of experience and a service-driven mindset,… Read More…

  • May 29, 2025 - Eureka Wins Three 2025 Red Dot Awards for Product Design

    Eureka Wins Three 2025 Red Dot Awards for Product Design

    Eureka is pleased to announce that its Velia, Cirra, and Junction luminaires have each received a 2025 Red Dot Design Award for Product Design. It is the 11th consecutive year that Eureka products have been honored with this prestigious award, which is a testament to the company’s consistency and relentless drive to design exceptional luminaires.… Read More…

Design

  • LightForm: Estiluz – Versatile Solutions for Sophisticated Spaces

    LightForm: Estiluz – Versatile Solutions for Sophisticated Spaces

    For anyone seeking high-performance lighting that blends elegance with engineering, Estiluz offers an exceptional range of solutions. This Spanish brand, family-owned since 1969, creates lighting that balances form, function, and flexibility, making it ideal for both bold architectural statements and subtle design enhancements. At LightForm, they are proud to be the exclusive Canadian distributor of… Read More…

  • The Difference Between Accent, Ambient & Task Lighting: Ultimate Guide

    The Difference Between Accent, Ambient & Task Lighting: Ultimate Guide

    In interior design, lighting is not just about brightening the room. Sensitive lighting layout is the key in the whole aesthetic atmosphere. An outstanding lighting solution will not rely on one type of fixture. Rather, it is through the combination of different types of lighting. Accent, ambient, and task lighting are three basic types of… Read More…

New Products

  • STANPRO: WAY – LED Step Lights With or Without Motion Sensor & Photocell

    STANPRO: WAY – LED Step Lights With or Without Motion Sensor & Photocell

    The WAY step lights combine durability with a sleek and modern appearance. They are designed to create an inviting atmosphere by enhancing the aesthetics of a space and accentuating architectural features as well as key focal points. The WAY LED step lights are suitable for both indoor and outdoor applications, these luminaires can be integrated… Read More…

  • Cooper Lighting: HALO – RL Dual Zone Smart Wi-Fi Recessed LED Trims

    Cooper Lighting: HALO – RL Dual Zone Smart Wi-Fi Recessed LED Trims

    With HALO’s RL Dual Zone Smart Wi-Fi Recessed LED Trims you can effortlessly manage the downlight and outer ring independently, each offering full-color and tunable white options. Mix and match colors to create the perfect ambiance, whether you’re showcasing your team’s colors or setting the mood for a party. Illuminate your space like never before… Read More…