Lighting as a Service Market Size, Business Opportunities By Leading Players, Share, Development, Expansion, Merger, Acq


The growth of the market is attributed to the increasing demand of energy efficient lighting systems as well as implementation of Internet of Things (IoT) with lighting services.

Emergen Research’s latest document, titled ‘Global Lighting as a Service Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Lighting as a Service market. The report’s authors have offered necessary details on the latest Lighting as a Service market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Lighting as a Service industry entails useful insights into the estimated Lighting as a Service market size, revenue share, and sales distribution networks. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Lighting as a Service market.

The global Lighting as a Service (LaaS) Market is projected to reach USD 6.28 billion by 2027, according to a recent report by Emergen Research. The primary driver for the market includes the increasing demand for economical lighting systems. The growing convergence of the technology equipped with Internet of Things (IoT) within the lighting system includes a lower consumption of energy across numerous elements of the planet. However, the service's subscription program generally imposes a better overall price than the owner pays for the self-installation system, which might seemingly cause a challenge.

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One of the report’s central components is the broad Lighting as a Service market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Lighting as a Service market players.

Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Leading Players Profiled in the Report:

General Electric, Future Energy Solutions, Urban Volt, Igor Inc., Valoya Oy, SIB Lighting, Lunera Lighting, Cree Inc., Itelecom, Koninklijke Philips N.V

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Emergen Research has segmented the global Lighting as a Service on the basis of battery type, material type, application, and region:

  • Component Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Luminaries and Controls
    • Software
    • Service
  • Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Commercial
    • Industrial
    • Others
  • Installation Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Indoor
    • Outdoor

Key questions addressed in the report:

  • What are the key factors driving the global Lighting as a Service market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Lighting as a Service market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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