United States (USA) Smart Lighting Market Overview, 2028

United States (USA) Smart Lighting Market Overview, 2028
The energy efficiency and cost-effectiveness of smart lighting systems are undoubtedly important aspects driving the growth of the smart lighting market in the United States. When compared to typical lighting systems, these systems provide significant energy savings, which can translate into lower electricity bills for customers and lower carbon emissions for the environment. Furthermore, the cost of LED lighting, which is often used in smart lighting systems, has reduced dramatically in recent years, making it a more readily available and affordable option in the United States. As a result, the initial cost of establishing a smart lighting system has become more manageable, and the long-term cost reductions can make it a cost-effective investment. Furthermore, many utility providers and the US government provide incentives and rebates to encourage the use of energy-efficient lighting solutions, such as smart lighting systems. This can help cut installation costs even more and stimulate wider use of these technologies. Overall, the energy efficiency and cost-effectiveness of smart lighting systems are major drivers driving market growth in the United States and are projected to continue to drive demand for these technologies in the future. The popularity of home automation is constantly increasing, with an increasing number of people looking for ways to control their houses remotely. Smart lighting systems are an important part of home automation since they allow consumers to control their lighting from their smartphones or other connected devices. Furthermore, the growing use of the Internet of Things (IoT) is increasing demand for smart lighting in the United States. Smart lighting systems are getting more advanced and intelligent, allowing users to adjust and automate their lighting preferences depending on their daily habits.

According to the research report ""USA Smart Lighting Market Overview, 2028,"" published by Bonafide Research, the USA Smart Lighting Market is expected to add more than USD 4.9 Billion from 2023 to 2028. Li-Fi is a novel technology that transmits data using light waves. This technology is being explored for use in smart lighting systems in the United States because it could provide faster and more reliable data transmission than existing Wi-Fi and Bluetooth technologies. Human-centric lighting is becoming increasingly popular in the United States. This technology is intended to simulate natural light and modify lighting levels and colours dependent on the time of day, which can aid in the improvement of mood, productivity, and overall well-being. Furthermore, voice control is becoming more prevalent in smart lighting systems in the United States. Users may manage their lighting with easy voice commands thanks to the rise of virtual assistants such as Amazon Alexa and Google Assistant, making it more convenient and accessible. Based on offerings, the market is segmented into hardware, software and services. The hardware offering is leading the market with highest market share. To function, smart lighting systems require physical hardware such as smart lights, smart switches, and smart sensors. Smart lighting systems cannot be setup or used without certain hardware components. As a result, hardware options play an important role in the US smart lighting market. Furthermore, even for non-technical consumers, smart lighting hardware is often simple to install and use. Many smart lighting devices are meant to be plug-and-play, which means they may be installed without the assistance of a professional. Furthermore, the US market offers a diverse selection of smart lighting hardware alternatives, including bulbs, switches, sensors, and controllers. This range of options enables consumers to tailor their smart lighting system to their specific needs and requirements.

The U.S. Department of Energy (DOE) sets energy efficiency standards for lighting products, including LED lighting and smart lighting systems. These standards help to ensure that lighting products are energy-efficient and contribute to reducing energy consumption and greenhouse gas emissions. State and local building codes regulate the installation and use of lighting systems in buildings, including smart lighting systems. Building codes may require compliance with specific energy efficiency standards, as well as safety requirements, such as fire safety and electrical safety. Smart lighting systems may collect and store data on user behavior, which could potentially infringe on user privacy. The U.S. government has issued regulations on data privacy, such as the California Consumer Privacy Act (CCPA), which require that companies protect user data and provide users with control over their data.

According to the research report, the market is divided into application, indoor and outdoor. Indoor application is dominating the market with highest market share. Indoor smart lighting has gained more adoption in commercial and residential applications than outdoor smart lighting. In a residential setting, smart lighting systems are more likely to be installed indoors to improve convenience, energy efficiency, and overall aesthetics. Furthermore, the indoor application market is segmented into three sub-segments: commercial, residential, and industrial. During the forecasted time period, the residential category is likely to develop at the fastest CAGR. The popularity of smart homes in the United States is quickly increasing, and one of the primary products driving this growth is indoor smart lighting. The demand for indoor smart lighting is likely to rise as more people seek to integrate smart home items into their daily lives. In addition, homeowners are becoming more aware of the advantages of energy-efficient lighting options, such as smart lighting. Smart lighting solutions can assist homeowners in lowering their energy consumption and saving money on their utility bills. This is projected to fuel the adoption of indoor smart lighting systems in residential applications even further.

Based on Outdoor application, the market is divided into Highways & roadways, Architectural lighting and, lighting for Public places. The Highways and roadways are significantly dominating the market with highest market share. One of the main motivations for using smart lighting systems on highways and streets is to increase safety and security. By improving visibility and lighting control, smart lighting solutions can help reduce accidents and crime. Furthermore, smart lighting systems on highways and roadways can be configured to save energy by dimming or shutting off lights when they are not needed or by altering lighting levels based on ambient light conditions. Furthermore, for safety and security concerns, several government regulations in the United States demand that roads and roadways be well lit. Smart lighting solutions can assist in meeting these criteria while also providing additional benefits like energy efficiency and cost savings. Furthermore, there are some highways where smart lighting are used some of them are, The I-35 corridor in Texas, The Texas Department of Transportation has installed a smart lighting system along the I-35 corridor in central Texas. The system includes sensors that detect the presence of vehicles and adjust the lighting accordingly, reducing energy consumption and improving safety. The I-10 and I-17 corridors in Arizona, The Arizona Department of Transportation have installed a smart lighting system along the I-10 and I-17 corridors in Phoenix. The system includes LED lights that can be dimmed or brightened based on traffic conditions, reducing energy consumption and improving safety.

According to the report, the market is divided into installation type, new and retrofit. The retrofit installation is anticipated to grow with highest CAGR during the expected time period. Retrofit installations are often less expensive than new installations because they involve updating existing lighting infrastructure rather than replacing it completely. This makes retrofit projects more cost-effective for businesses and governments looking to modernise their lighting systems without incurring large upfront costs. Many governments in the United States provide incentives and refunds to businesses and municipalities that upgrade their lighting systems to more energy-efficient technologies. Retrofit installations can assist businesses and governments in taking advantage of these incentives and lowering their overall expenditures. LED lighting is becoming increasingly popular in the United States due to its energy efficiency, long lifespan, and lower maintenance requirements. Retrofitting existing lighting fixtures with LED lights is a cost-effective way to upgrade existing lighting infrastructure and reduce energy consumption.

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

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

By Offerings
• Hardware
• Software
• Services

By Application
• Indoor
• Outdoor
By Indoor Application
• Commercial
• Residential
• Industrial
• Others

By Outdoor Application
• Highways & Roadways
• Architectural Lighting
• Lighting for Public Places

By Installation Type
• New
• Retrofit

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 list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports 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 conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the 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.