Market size
$39.2 bn (2026)
CAGR to 2030
+7.2%
Buyer power
Favours buyers
Tracked suppliers
25
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 7.2% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 142
Cost structure
25%
20%
15%
25%
15%
Regional demand split
35%
30%
25%
10%
Key suppliers
Signify N.V. (Philips Lighting)Acuity Brands, Inc.Legrand S.A.Lutron Electronics Co., Inc.Schneider Electric SEEaton CorporationHoneywell International Inc.ams OSRAM (OSRAM Licht AG)
Read the full Building Lighting Control Systems report →Claight market analysis of proprietary and public data. Full report: /category-intelligence/building-lighting-control-systems