Lighting Control System Market size was valued at USD 19.02 billion in 2024 and is likely to cross USD 141.62 billion by 2037, expanding at more than 16.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of lighting control system is estimated at USD 21.56 billion. This growth in market revenue is set to be influenced by the growing adoption of LED lights since it is estimated that it saves energy. For instance, when compared to conventional incandescent bulbs, LEDs can save up to 90% on energy and have a 25-times longer lifespan. Further, the LED lighting is supported by the lighting control system, which makes automated scheduling, dimming, and occupancy-based management possible, further lowering energy consumption and maintenance expenses.
Additionally, there has been growth in number of parking lots which requires effective lighting solution. Therefore, the adoption od LED lighting is growing further boost the market for lighting control systems in order to create efficient control set up.
Author Credits: Abhishek Verma
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