Reports

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Lighting as a Service Market: By End User: Commercial, Outdoor, Industrial; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand, EMR’s Key Indicators for Price; Competitive Landscape; Industry Events and Developments

Global Lighting as a Service Market Outlook

The global lighting as a service market is expected to grow at a CAGR of 50.00% in the forecast period of 2023-2028.

 

Global Lighting As A Service Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

North America and the Asia Pacific to Hold Significant Shares in the Global Market for Lighting as a Service

North America is expected to be one of leading regions augmenting the growth of the global market during the forecast period, owing to increasing government efforts aimed at replacing traditional lighting systems with energy-efficient lighting systems. The development of smart cities in the US and Canada is anticipated to further foster the adoption of lighting as a service (LaaS) and contribute to the market growth.  Hence, the rise in the demand for lighting systems that propel the efficiency of the system, and reduce costs are some factors providing impetus to the market growth.

Following North America, the Asia Pacific region is expected to grow at a considerable rate during the forecast period. This can be attributed to regional manufacturers' rapid production of sustainable lighting systems. In addition, the increasing expenditure on home modification and the robust demand for lighting fixtures and lamps in countries like Australia are expected to boost the adoption of the LaaS business model in the region, thereby favouring the growth of the market.

 

Lighting as a Service: Market Segmentation

Lighting as a service (LaaS), variously known as light as a service, refers to a service-based model that is used to provide technical, financial, and managing services, such as installing a lighting system, recycling equipment,  maintenance and management services. It is a model that charges for light service on a subscription basis instead of a one-time payment. The adoption of LaaS enhances energy efficiency, manages smart loads, and provides cost-effectivity.

 

Global Lighting As A Service Market By Segment

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The end user of the market is:

  • Commercial
  • Outdoor
  • Industrial

The EMR report looks into the regional markets for  lighting as a service like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Lighting As A Service Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Adoption of Energy Efficient Lighting Systems Augmenting the Market Growth

The growth in the global market for lighting as a service can be attributed to the increasing demand for energy-efficient lighting systems, zero capital cost requirement, and growing convergence of the Internet of Things (IoT) in lighting systems to decrease energy consumption over the world. The development of smart cities across the world is expected to emerge as a key factor driving the market growth of lighting as a service. Further, the market is being stimulated by the financial benefits offered by LaaS, such as instant return on investment, no upfront capital cost, and implementation of favourable government policies, and regulations promoting the adoption of energy-efficient lighting systems.

In addition, the widespread adoption of smart lightings in commercial areas is further positively influencing the market growth of lighting as a service (LaaS). Moreover, shifting preference towards sustainable lighting solutions and the emergence of LED as an energy-efficient lighting technology are  emerging to be significant factors determing the growth of the market. Hence, these are some of the factors pushing the growth of the market.

 

Key Industry Players in the Global Lighting as a Service Market

The report gives a detailed analysis of the following key players in the global lighting as a service market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Every Watt Matters
  • Stouch Lighting
  • Electricity Supply Board (ESB) Group
  • LumenServe Inc
  • RCG Lighthouse
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- End User, Region
Breakup by End User Commercial, Outdoor, Industrial
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Every Watt Matters, Stouch Lighting, Electricity Supply Board (ESB) Group, LumenServe Inc, RCG Lighthouse, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Lighting as a Service Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Lighting as a Service Historical Market (2018-2022) 
    8.3    Global Lighting as a Service Market Forecast (2023-2028)
    8.4    Global Lighting as a Service Market by End User
        8.4.1    Commercial
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Outdoor
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Industrial
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)    
    8.5    Global Lighting as a Service Market by Region
        8.5.1    North America
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022) 
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Europe
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022) 
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Asia Pacific
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022) 
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Latin America
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022) 
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Middle East and Africa
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022) 
            8.5.5.3    Forecast Trend (2023-2028)
9    North America  Lighting as a Service Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Lighting as a Service Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Lighting as a Service Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America  Lighting as a Service Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Lighting as a Service Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     Every Watt Matters
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Stouch Lighting
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Electricity Supply Board (ESB) Group
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    LumenServe Inc
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    RCG Lighthouse
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Lighting as a Service Market: Key Industry Highlights, 2017     and 2027
2.    Global Lighting as a Service Historical Market: Breakup by End User (USD Million), 2018-2022
3.    Global Lighting as a Service Market Forecast: Breakup by End User (USD Million), 2023-2028
4.    Global Lighting as a Service Historical Market: Breakup by Region (USD Million), 2018-2022
5.    Global Lighting as a Service Market Forecast: Breakup by Region (USD Million), 2023-2028
6.    North America Lighting as a Service Historical Market: Breakup by Country (USD Million), 2018-2022
7.    North America Lighting as a Service Market Forecast: Breakup by Country (USD Million), 2023-2028
8.    Europe Lighting as a Service Historical Market: Breakup by Country (USD Million), 2018-2022
9.    Europe Lighting as a Service Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Asia Pacific Lighting as a Service Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Asia Pacific Lighting as a Service Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Latin America Lighting as a Service Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Latin America Lighting as a Service Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Middle East and Africa Lighting as a Service Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Middle East and Africa Lighting as a Service Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Global Lighting as a Service Market Structure

Key Questions Answered in the Report

The global lighting as a service market is projected to grow at a CAGR of 50.00% between 2023 and 2028.

The market is being driven by the rising adoption of energy efficient lighting systems to reduce carbon emissions and save energy, coupled with the implementation of favourable government policies.

The market growth is being driven by the development of smart city infrastructure, growing adoption of IoT in smart homes,  and the financial benefits offered by LaaS.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant end users of lighting as a service are commercial, outdoor, and industrial.

The major players in the industry are Every Watt Matters, Stouch Lighting, Electricity Supply Board (ESB) Group, LumenServe Inc, and RCG Lighthouse, among others.

Analyst Review

Global lighting as a service market is being driven by the increasing demand for energy-efficient lighting systems. Aided by the development of smart cities, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 50.00%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market, based on end user, can be divided into commercial, outdoor, and industrial. The major regional markets for lighting as a service are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are  Every Watt Matters, Stouch Lighting, Electricity Supply Board (ESB) Group, LumenServe Inc, and RCG Lighthouse, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER