Intelligent Lighting Market Size

Statistics for the 2023 & 2024 Intelligent Lighting market size, created by Mordor Intelligence™ Industry Reports. Intelligent Lighting size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Intelligent Lighting Industry

Intelligent Lighting Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.40 %
Fastest Growing Market North America
Largest Market North America
Market Concentration High

Major Players

Intelligent Lighting Market Key Players

*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Intelligent Lighting Market Analysis

The intelligent lighting market is expected to grow at a CAGR of 5.40% over the forecast period (2021 - 2026). The intelligent lightings are generally referred to automated lightings used in event stages to provide extraordinary complex effects. The products are designed with intelligent programs which reduces the role of lighting operator, hence getting more emphasis on products itself.

  • Significant rise in the investments for the entertainment and sporting events including musical concerts, stage shows is one of the significant factor driving the intelligent lighting market. According to the Citi Research, The United States and European countries have witnessed a significant growth in the live events. The Europe region registered over 12% increase in its live concerts and festivals in 2018.
  • Additionally, the night clubs are extensively adopting intelligent lightings for offering enhanced lighting effects. Recently, one of the popular night club in Belgium partnered with Martin Harman to install lighting fixtures to support a full schedule of weekly dance parties and DJ sets after rennovation. It installed 24 RUSH MH 10 Beam FX fixtures, which is a compact 60W moving head fixture.
  • However, the high cost of the fixtures is somewhere limiting the event organizers to go for rental services rather than adopting them. This is one of the factor restricting the intelligent lighting market growth.

Intelligent Lighting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)