Market Trends of Europe Lighting Control Systems Industry
This section covers the major market trends shaping the Europe Lighting Control Systems Market according to our research experts:
Industrial Segment is to Hold Significant Market Share
- The increasing application of Lighting-as-a-Service (LaaS) has created a rising need for partnerships, allowing manufacturers to provide a complete IoT lighting solution portfolio and control systems, which drives the integration of smart fixtures, such as industrial LED fixtures, across the industrial sector.
- For instance, Dialight, a prominent player in industrial smart LED lighting and control systems innovation, launched its new Reliant High Bay line of industrial LED fixtures as the company's initial product line designed for light-duty applications, such as warehouses, light manufacturing, and other large indoor spaces. These initiatives by the vendor drive the segment.
- The region's industrial revenue has been increasing yearly, which enhances the manufacture of advanced industrial solutions, including smart lighting and lighting control systems. According to Statistisches Bundesamt, the German construction materials industry's revenues increased in 2021; the turnover rose to EUR 24 billion from EUR 22.1 billion in 2020.
- In April 2022, Fluence launched the newest addition to its innovative lighting controls portfolio: Wireless Flex Dimming. It has Bluetooth mesh technology; Wireless Flex Dimming enables Fluence luminaires to dim light levels wirelessly using any industry-standard 0-10V dimmer or environmental controller.
- Further, collaborations in the market have aided the market growth. For instance, during the time of the pandemic, GE Current announced a partnership with Pointr, a company specializing in indoor positioning, controlling, and navigation utilizing iBeacons. The collaboration is expected to deliver high-value applications to warehouses, retailers, and industrial premises, by combining smart lighting and lighting control products from GE with Pointr's location-based services.
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United Kingdom is Expected to be the Fastest Growing Market
- The United Kingdom (UK) is considered one of the first countries to use smart on/off switching control techniques with streetlights, thus, becoming a pioneer in smart lighting in Europe. The smart lighting industry will likely benefit from continued government support as the UK government seeks to reduce its carbon emissions. Additionally, households may increasingly opt for LED lighting systems, as they account for the alternatives' lifetime cost. These adoptions of LEDs in the country will drive the studied market.
- Furthermore, many companies in the country are taking measures to revamp their office space as eco-friendly, further boosting the market. For example, Farland Corp, a company based in Bedford, MA, wanted to create a more comfortable environment. Similarly, the City Electric Supply teamed up with Tamlite Lighting for the renovation.
- The country's office stock has been increasing every quarter, indicating the adoption of smart light and light control systems in office spaces. For instance, according to Cushman & Wakefield, with approximately 283 million square feet of built office stock, Central London had the most significant stock in the United Kingdom in the fourth quarter of 2021.
- Further, during the first wave of the pandemic, UK's lighting industry trade body issued a clarion call for smart lighting and control systems to become part of a EUR 750 billion European Union pandemic recovery proposal that includes repairing and renovating European buildings.
- In September 2021, online home fitness startup GRNDHOUSE recently equipped its studio with a custom LED lighting and wireless light controlling system rig designed by Hayden Borgars, featuring Martin Professional VDO Sceptron 10 LED video fixtures supplied by Colour Sound Experiment.
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