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Global Smart Light Bulb Market Research Report 2024
Synopsis
The global Smart Light Bulb market was valued at US$ 478.6 million in 2023 and is anticipated to reach US$ 627.4 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
Smart light bulbs, also known as connected or intelligent light bulbs, have gained popularity due to their innovative features and capabilities. Several driving factors contribute to the demand and adoption of smart light bulbs:
1. Convenience and control: One of the primary driving factors is the convenience and control that smart light bulbs offer. With mobile apps or voice assistants, users can control their lights remotely, adjust brightness, set schedules or timers, and even change colors. This level of control allows users to customize and personalize their lighting experience according to their preferences and needs.
2. Energy efficiency: Smart light bulbs are often designed to be energy-efficient, using LED technology and advanced lighting controls. Users can dim or turn off lights when not needed, reducing energy consumption and saving on electricity bills. The ability to monitor and optimize energy usage is appealing to environmentally conscious consumers.
3. Home automation and integration: Smart light bulbs are part of the broader ecosystem of home automation and integration. They can be connected to smart home hubs or platforms, allowing users to create integrated routines and scenes. For example, lights can be programmed to automatically turn on or off when users arrive or leave home, or be synced with other smart devices like motion sensors or security systems.
4. Mood and ambiance: Smart light bulbs offer a range of customizable lighting options, including adjustable color temperature and the ability to change colors. Users can create different moods or ambiance in their living spaces, whether it's a relaxing warm glow or vibrant colors for a party or a themed event. The ability to set and control lighting scenes has become an attractive feature for many consumers.
5. Security and safety: Smart light bulbs can be used as a security feature in homes. With the ability to remotely control lights, users can simulate occupancy when away, giving the appearance that someone is home. Lights can also be synchronized with other security devices like cameras or alarms for enhanced safety and deterrence.
6. Technological advancements: The continuous advancements in technology, including wireless connectivity, smart home integration, and voice-controlled assistants, have made smart light bulbs more accessible and easy to use. The increasing awareness and adoption of smart home devices overall have created a conducive environment for the growth of smart light bulbs.
7. Design and aesthetics: Smart light bulbs come in various designs and form factors, offering options that complement different lighting fixtures and interior aesthetics. Consumers appreciate the ability to have smart lighting technology without compromising on the appearance and design of their lighting fixtures.
8. Innovation and novelty: The appeal of new and innovative technologies drives consumer interest in smart light bulbs. The ability to control lights from a smartphone or use voice commands to adjust lighting settings represents a novel and convenient way to interact with the lighting in our living spaces.
Overall, the driving factors for smart light bulbs include convenience and control, energy efficiency, home automation and integration, mood and ambiance customization, security and safety features, technological advancements, design and aesthetics, and the novelty of the technology. As consumer interest in smart homes and connected devices grows, the market for smart light bulbs is expected to continue expanding.
This report aims to provide a comprehensive presentation of the global market for Smart Light Bulb, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Light Bulb.
Report Scope
The Smart Light Bulb market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Light Bulb market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Light Bulb manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Philips Lighting
General Electric Company
OSRAM Licht AG
Tikteck
Ilumi solutions
LiFi Labs
ION AUDIO
Revogi
Lighting Science
Segment by Type
Wifi Light Bulb
Speaker Light Bulb
Others
Segment by Application
Home
Office
Shopping
Hospital
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Smart Light Bulb manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Smart Light Bulb in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
The global Smart Light Bulb market was valued at US$ 478.6 million in 2023 and is anticipated to reach US$ 627.4 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
Smart light bulbs, also known as connected or intelligent light bulbs, have gained popularity due to their innovative features and capabilities. Several driving factors contribute to the demand and adoption of smart light bulbs:
1. Convenience and control: One of the primary driving factors is the convenience and control that smart light bulbs offer. With mobile apps or voice assistants, users can control their lights remotely, adjust brightness, set schedules or timers, and even change colors. This level of control allows users to customize and personalize their lighting experience according to their preferences and needs.
2. Energy efficiency: Smart light bulbs are often designed to be energy-efficient, using LED technology and advanced lighting controls. Users can dim or turn off lights when not needed, reducing energy consumption and saving on electricity bills. The ability to monitor and optimize energy usage is appealing to environmentally conscious consumers.
3. Home automation and integration: Smart light bulbs are part of the broader ecosystem of home automation and integration. They can be connected to smart home hubs or platforms, allowing users to create integrated routines and scenes. For example, lights can be programmed to automatically turn on or off when users arrive or leave home, or be synced with other smart devices like motion sensors or security systems.
4. Mood and ambiance: Smart light bulbs offer a range of customizable lighting options, including adjustable color temperature and the ability to change colors. Users can create different moods or ambiance in their living spaces, whether it's a relaxing warm glow or vibrant colors for a party or a themed event. The ability to set and control lighting scenes has become an attractive feature for many consumers.
5. Security and safety: Smart light bulbs can be used as a security feature in homes. With the ability to remotely control lights, users can simulate occupancy when away, giving the appearance that someone is home. Lights can also be synchronized with other security devices like cameras or alarms for enhanced safety and deterrence.
6. Technological advancements: The continuous advancements in technology, including wireless connectivity, smart home integration, and voice-controlled assistants, have made smart light bulbs more accessible and easy to use. The increasing awareness and adoption of smart home devices overall have created a conducive environment for the growth of smart light bulbs.
7. Design and aesthetics: Smart light bulbs come in various designs and form factors, offering options that complement different lighting fixtures and interior aesthetics. Consumers appreciate the ability to have smart lighting technology without compromising on the appearance and design of their lighting fixtures.
8. Innovation and novelty: The appeal of new and innovative technologies drives consumer interest in smart light bulbs. The ability to control lights from a smartphone or use voice commands to adjust lighting settings represents a novel and convenient way to interact with the lighting in our living spaces.
Overall, the driving factors for smart light bulbs include convenience and control, energy efficiency, home automation and integration, mood and ambiance customization, security and safety features, technological advancements, design and aesthetics, and the novelty of the technology. As consumer interest in smart homes and connected devices grows, the market for smart light bulbs is expected to continue expanding.
This report aims to provide a comprehensive presentation of the global market for Smart Light Bulb, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Light Bulb.
Report Scope
The Smart Light Bulb market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Light Bulb market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Light Bulb manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Philips Lighting
General Electric Company
OSRAM Licht AG
Tikteck
Ilumi solutions
LiFi Labs
ION AUDIO
Revogi
Lighting Science
Segment by Type
Wifi Light Bulb
Speaker Light Bulb
Others
Segment by Application
Home
Office
Shopping
Hospital
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Smart Light Bulb manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Smart Light Bulb in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index1 Smart Light Bulb Market Overview
1.1 Product Overview and Scope of Smart Light Bulb
1.2 Smart Light Bulb Segment by Type
1.2.1 Global Smart Light Bulb Market Value Comparison by Type (2024-2030)
1.2.2 Wifi Light Bulb
1.2.3 Speaker Light Bulb
1.2.4 Others
1.3 Smart Light Bulb Segment by Application
1.3.1 Global Smart Light Bulb Market Value by Application: (2024-2030)
1.3.2 Home
1.3.3 Office
1.3.4 Shopping
1.3.5 Hospital
1.3.6 Others
1.4 Global Smart Light Bulb Market Size Estimates and Forecasts
1.4.1 Global Smart Light Bulb Revenue 2019-2030
1.4.2 Global Smart Light Bulb Sales 2019-2030
1.4.3 Global Smart Light Bulb Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Smart Light Bulb Market Competition by Manufacturers
2.1 Global Smart Light Bulb Sales Market Share by Manufacturers (2019-2024)
2.2 Global Smart Light Bulb Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Smart Light Bulb Average Price by Manufacturers (2019-2024)
2.4 Global Smart Light Bulb Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Smart Light Bulb, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Smart Light Bulb, Product Type & Application
2.7 Smart Light Bulb Market Competitive Situation and Trends
2.7.1 Smart Light Bulb Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Smart Light Bulb Players Market Share by Revenue
2.7.3 Global Smart Light Bulb Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Smart Light Bulb Retrospective Market Scenario by Region
3.1 Global Smart Light Bulb Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Smart Light Bulb Global Smart Light Bulb Sales by Region: 2019-2030
3.2.1 Global Smart Light Bulb Sales by Region: 2019-2024
3.2.2 Global Smart Light Bulb Sales by Region: 2025-2030
3.3 Global Smart Light Bulb Global Smart Light Bulb Revenue by Region: 2019-2030
3.3.1 Global Smart Light Bulb Revenue by Region: 2019-2024
3.3.2 Global Smart Light Bulb Revenue by Region: 2025-2030
3.4 North America Smart Light Bulb Market Facts & Figures by Country
3.4.1 North America Smart Light Bulb Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Smart Light Bulb Sales by Country (2019-2030)
3.4.3 North America Smart Light Bulb Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Smart Light Bulb Market Facts & Figures by Country
3.5.1 Europe Smart Light Bulb Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Smart Light Bulb Sales by Country (2019-2030)
3.5.3 Europe Smart Light Bulb Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Smart Light Bulb Market Facts & Figures by Country
3.6.1 Asia Pacific Smart Light Bulb Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Smart Light Bulb Sales by Country (2019-2030)
3.6.3 Asia Pacific Smart Light Bulb Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 China Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.7 Latin America Smart Light Bulb Market Facts & Figures by Country
3.7.1 Latin America Smart Light Bulb Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Smart Light Bulb Sales by Country (2019-2030)
3.7.3 Latin America Smart Light Bulb Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Smart Light Bulb Market Facts & Figures by Country
3.8.1 Middle East and Africa Smart Light Bulb Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Smart Light Bulb Sales by Country (2019-2030)
3.8.3 Middle East and Africa Smart Light Bulb Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 UAE
4 Segment by Type
4.1 Global Smart Light Bulb Sales by Type (2019-2030)
4.1.1 Global Smart Light Bulb Sales by Type (2019-2024)
4.1.2 Global Smart Light Bulb Sales by Type (2025-2030)
4.1.3 Global Smart Light Bulb Sales Market Share by Type (2019-2030)
4.2 Global Smart Light Bulb Revenue by Type (2019-2030)
4.2.1 Global Smart Light Bulb Revenue by Type (2019-2024)
4.2.2 Global Smart Light Bulb Revenue by Type (2025-2030)
4.2.3 Global Smart Light Bulb Revenue Market Share by Type (2019-2030)
4.3 Global Smart Light Bulb Price by Type (2019-2030)
5 Segment by Application
5.1 Global Smart Light Bulb Sales by Application (2019-2030)
5.1.1 Global Smart Light Bulb Sales by Application (2019-2024)
5.1.2 Global Smart Light Bulb Sales by Application (2025-2030)
5.1.3 Global Smart Light Bulb Sales Market Share by Application (2019-2030)
5.2 Global Smart Light Bulb Revenue by Application (2019-2030)
5.2.1 Global Smart Light Bulb Revenue by Application (2019-2024)
5.2.2 Global Smart Light Bulb Revenue by Application (2025-2030)
5.2.3 Global Smart Light Bulb Revenue Market Share by Application (2019-2030)
5.3 Global Smart Light Bulb Price by Application (2019-2030)
6 Key Companies Profiled
6.1 Philips Lighting
6.1.1 Philips Lighting Corporation Information
6.1.2 Philips Lighting Description and Business Overview
6.1.3 Philips Lighting Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Philips Lighting Smart Light Bulb Product Portfolio
6.1.5 Philips Lighting Recent Developments/Updates
6.2 General Electric Company
6.2.1 General Electric Company Corporation Information
6.2.2 General Electric Company Description and Business Overview
6.2.3 General Electric Company Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.2.4 General Electric Company Smart Light Bulb Product Portfolio
6.2.5 General Electric Company Recent Developments/Updates
6.3 OSRAM Licht AG
6.3.1 OSRAM Licht AG Corporation Information
6.3.2 OSRAM Licht AG Description and Business Overview
6.3.3 OSRAM Licht AG Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.3.4 OSRAM Licht AG Smart Light Bulb Product Portfolio
6.3.5 OSRAM Licht AG Recent Developments/Updates
6.4 Tikteck
6.4.1 Tikteck Corporation Information
6.4.2 Tikteck Description and Business Overview
6.4.3 Tikteck Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Tikteck Smart Light Bulb Product Portfolio
6.4.5 Tikteck Recent Developments/Updates
6.5 Ilumi solutions
6.5.1 Ilumi solutions Corporation Information
6.5.2 Ilumi solutions Description and Business Overview
6.5.3 Ilumi solutions Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Ilumi solutions Smart Light Bulb Product Portfolio
6.5.5 Ilumi solutions Recent Developments/Updates
6.6 LiFi Labs
6.6.1 LiFi Labs Corporation Information
6.6.2 LiFi Labs Description and Business Overview
6.6.3 LiFi Labs Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.6.4 LiFi Labs Smart Light Bulb Product Portfolio
6.6.5 LiFi Labs Recent Developments/Updates
6.7 ION AUDIO
6.6.1 ION AUDIO Corporation Information
6.6.2 ION AUDIO Description and Business Overview
6.6.3 ION AUDIO Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.4.4 ION AUDIO Smart Light Bulb Product Portfolio
6.7.5 ION AUDIO Recent Developments/Updates
6.8 Revogi
6.8.1 Revogi Corporation Information
6.8.2 Revogi Description and Business Overview
6.8.3 Revogi Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Revogi Smart Light Bulb Product Portfolio
6.8.5 Revogi Recent Developments/Updates
6.9 Lighting Science
6.9.1 Lighting Science Corporation Information
6.9.2 Lighting Science Description and Business Overview
6.9.3 Lighting Science Smart Light Bulb Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Lighting Science Smart Light Bulb Product Portfolio
6.9.5 Lighting Science Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Smart Light Bulb Industry Chain Analysis
7.2 Smart Light Bulb Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Smart Light Bulb Production Mode & Process
7.4 Smart Light Bulb Sales and Marketing
7.4.1 Smart Light Bulb Sales Channels
7.4.2 Smart Light Bulb Distributors
7.5 Smart Light Bulb Customers
8 Smart Light Bulb Market Dynamics
8.1 Smart Light Bulb Industry Trends
8.2 Smart Light Bulb Market Drivers
8.3 Smart Light Bulb Market Challenges
8.4 Smart Light Bulb Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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