Lighting, Power & Electronic Products · Direct
Monitoring · monthly
Procurement Category Intelligence

Building Lighting Control Systems

Overview
Market size
$13
global, USD
CAGR
7.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
8
tracked players
Signals
12
3 high severity

Market outlook

2031$18

What changed

Demand by region

North America demand35%
Europe demand30%
Asia Pacific demand25%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Semiconductors and microcontrollers25%
Sensors and communication modules20%
Printed circuit board assemblies and plastics15%
Labor and engineering assembly25%
Logistics and delivered freight15%
share of delivered cost (analyst estimate)

Supplier watchlist

8 tracked