Italy Smart Lighting Market Overview, 2028

Italy Smart Lighting Market Overview, 2028
Italy has a rich artistic and cultural heritage, which is reflected in the architecture and lighting design of its cities. Smart lighting solutions in Italy often focus on enhancing the beauty of historical and cultural landmarks, such as churches, monuments, and museums. This has created a demand for lighting solutions that are not only energy-efficient but also visually stunning. Furthermore, lighting as a service (LaaS) is an emerging business model in the smart lighting market, where customers pay for lighting solutions on a subscription basis rather than purchasing them outright. The LaaS model is gaining popularity in Italy as it allows customers to benefit from the latest lighting technologies without incurring high upfront costs. Moreover, Italy has a strong academic and research environment, with several universities and research institutions specializing in lighting design, engineering, and technology. This creates opportunities for collaboration and innovation between academia and industry, leading to the development of cutting-edge lighting solutions. In addition, the Italian government is investing heavily in smart city initiatives, which include the deployment of smart lighting systems. Smart city projects aim to improve the quality of life for citizens, reduce energy consumption and greenhouse gas emissions, and enhance urban services and infrastructure. For instance, there are smart city initiatives in Italy that include smart lighting systems in cities like Milan, Turin, Rome, Bologna, Florence, Venice, Genoa, and more.

According to the research report ""Italy Smart Lighting Market Overview, 2028,"" published by Bonafide Research, the Italy smart lighting market is expected to grow at more than 19.23% CAGR from 2023 to 2028. UV-C technology, which uses ultraviolet light to kill bacteria and viruses, is being applied in smart lighting solutions in Italy to improve hygiene and reduce the risk of infection. UV-C lighting systems are being used in hospitals, schools, public transport, and other high-traffic areas to disinfect surfaces and reduce the spread of infectious diseases. Furthermore, LiDAR technology, which uses light waves to measure distances and create detailed 3D maps of the environment, is being used in smart lighting solutions in Italy to improve navigation and safety. LiDAR sensors can be used to detect obstacles and hazards in real-time and can be integrated with lighting systems to provide better visibility and guidance. In addition, wireless control systems are becoming increasingly popular in Italy for smart lighting solutions, as they offer benefits such as ease of installation, flexibility, and scalability. These systems may use wireless protocols such as Bluetooth, Wi-Fi, or Zigbee to communicate with lighting fixtures and control systems.

Based on offerings, the market is segmented into hardware, software, and services. With the rise of smart homes and IoT (Internet of Things) technology, there is a growing demand for connected lighting systems that can be controlled and automated using smartphones, voice assistants, and other devices. This is driving the demand for smart lighting hardware such as smart bulbs, switches, and sensors. For instance, there are several popular brands for smart lighting hardware in Italy, including Philips Hue, LIFX, Xiaomi, Lutron, Legrand, Osram, GE Lighting, Samsung SmartThings, TP-Link, Nanoleaf, and more. In addition, smart lighting software solutions can help optimize energy usage by providing advanced controls and automation features. This is driving the demand for software solutions that can provide energy management and optimization features. For instance, some of the popular software solutions for smart lighting in Italy include the Philips Hue App, the Lutron App, Apple HomeKit, Google Assistant, and Amazon Alexa.

Indoor smart lighting refers to the lighting systems used inside buildings, including commercial, residential, and industrial buildings. In Italy, the indoor smart lighting market is driven by the increasing demand for energy-efficient lighting solutions, which can help reduce electricity bills and improve the overall sustainability of buildings. Residential customers are also increasingly interested in smart lighting systems that can be controlled remotely via smartphones and voice assistants, providing greater convenience and flexibility. Furthermore, the increasing adoption of smart homes and the growing popularity of home automation systems are also driving demand for indoor smart lighting solutions in Italy. On the other hand, the outdoor smart lighting market in Italy is focused on lighting solutions for public spaces such as streets, highways, and parks. The primary drivers for outdoor smart lighting in Italy are energy efficiency, safety, and sustainability. The use of smart lighting systems in outdoor spaces can help reduce energy consumption, improve visibility and safety, and enhance the overall aesthetics of public spaces. In addition, the increasing number of smart city initiatives in Italy is expected to further boost the demand for outdoor smart lighting solutions in the country.
In Italy, the smart lighting market is divided into two categories: new installation and retrofit. The installation of smart lighting systems in new construction or buildings undergoing major renovation is referred to as new installation. Because of the increasing number of new construction projects in Italy, particularly in the commercial and industrial sectors, this segment is expected to have the largest market share. Furthermore, retrofit installation entails the conversion of existing lighting systems to smart lighting systems. During the forecast period, this segment is expected to have the highest CAGR. The need to reduce energy consumption and operational costs is driving the retrofit market.

Considered in this report
• Geography: Italy
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Italy Smart Lighting market with its value and forecast along with its segments
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Offerings:
• Hardware
• Software
• Services

By Application:
• Indoor
• Outdoor

By Indoor:
• Commercial
• Residential
• Industrial
• Others

By Price Range:
• Highways & Roadways
• Architectural Lighting
• Light for public places

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Smart Lighting industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.