The global Smart Bulb market size was valued at US$ 468.2 million in 2023. With growing demand in downstream market, the Smart Bulb is forecast to a readjusted size of US$ 959.2 million by 2030 with a CAGR of 10.8% during review period.
The research report highlights the growth potential of the global Smart Bulb market. Smart Bulb are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Smart Bulb. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Smart Bulb market.
A smart bulb is an internet-capable LED light bulb that allows lighting to be customized, scheduled and controlled remotely. Smart bulbs are among the most immediately successful offerings in the growing category of home automation and Internet of Things (IoT) products.
China is the largest Smart Bulb market with about 36% market share. United States is follower, accounting for about 16% market share.
The key players are Philips Lighting, General Electric Company, LIFX (Buddy), OSRAM, Sengled, Cree, iLumi solutions, Feit Electric, Yeelight, TCP, Huawei, Revogi etc. Top 3 companies occupied about 42% market share.
Key Features:
The report on Smart Bulb market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Smart Bulb market. It may include historical data, market segmentation by Type (e.g., ZigBee, Wi-Fi), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Smart Bulb market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Smart Bulb market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Smart Bulb industry. This include advancements in Smart Bulb technology, Smart Bulb new entrants, Smart Bulb new investment, and other innovations that are shaping the future of Smart Bulb.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Smart Bulb market. It includes factors influencing customer ' purchasing decisions, preferences for Smart Bulb product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Smart Bulb market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Smart Bulb market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Smart Bulb market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Smart Bulb industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Smart Bulb market.
Market Segmentation:
Smart Bulb market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
ZigBee
Wi-Fi
Bluetooth
Others
Segmentation by application
Home
Office
Shopping
Hospitality
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Signify
General Electric
Feit Electric
OSRAM(AMS)
Sengled
Cree
iLumi solutions
Yeelight
TCP
Huawei
Revogi
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Bulb market?
What factors are driving Smart Bulb market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Bulb market opportunities vary by end market size?
How does Smart Bulb break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Bulb Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Smart Bulb by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Smart Bulb by Country/Region, 2019, 2023 & 2030
2.2 Smart Bulb Segment by Type
2.2.1 ZigBee
2.2.2 Wi-Fi
2.2.3 Bluetooth
2.2.4 Others
2.3 Smart Bulb Sales by Type
2.3.1 Global Smart Bulb Sales Market Share by Type (2019-2024)
2.3.2 Global Smart Bulb Revenue and Market Share by Type (2019-2024)
2.3.3 Global Smart Bulb Sale Price by Type (2019-2024)
2.4 Smart Bulb Segment by Application
2.4.1 Home
2.4.2 Office
2.4.3 Shopping
2.4.4 Hospitality
2.4.5 Others
2.5 Smart Bulb Sales by Application
2.5.1 Global Smart Bulb Sale Market Share by Application (2019-2024)
2.5.2 Global Smart Bulb Revenue and Market Share by Application (2019-2024)
2.5.3 Global Smart Bulb Sale Price by Application (2019-2024)
3 Global Smart Bulb by Company
3.1 Global Smart Bulb Breakdown Data by Company
3.1.1 Global Smart Bulb Annual Sales by Company (2019-2024)
3.1.2 Global Smart Bulb Sales Market Share by Company (2019-2024)
3.2 Global Smart Bulb Annual Revenue by Company (2019-2024)
3.2.1 Global Smart Bulb Revenue by Company (2019-2024)
3.2.2 Global Smart Bulb Revenue Market Share by Company (2019-2024)
3.3 Global Smart Bulb Sale Price by Company
3.4 Key Manufacturers Smart Bulb Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Smart Bulb Product Location Distribution
3.4.2 Players Smart Bulb Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Smart Bulb by Geographic Region
4.1 World Historic Smart Bulb Market Size by Geographic Region (2019-2024)
4.1.1 Global Smart Bulb Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Smart Bulb Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Smart Bulb Market Size by Country/Region (2019-2024)
4.2.1 Global Smart Bulb Annual Sales by Country/Region (2019-2024)
4.2.2 Global Smart Bulb Annual Revenue by Country/Region (2019-2024)
4.3 Americas Smart Bulb Sales Growth
4.4 APAC Smart Bulb Sales Growth
4.5 Europe Smart Bulb Sales Growth
4.6 Middle East & Africa Smart Bulb Sales Growth
5 Americas
5.1 Americas Smart Bulb Sales by Country
5.1.1 Americas Smart Bulb Sales by Country (2019-2024)
5.1.2 Americas Smart Bulb Revenue by Country (2019-2024)
5.2 Americas Smart Bulb Sales by Type
5.3 Americas Smart Bulb Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Bulb Sales by Region
6.1.1 APAC Smart Bulb Sales by Region (2019-2024)
6.1.2 APAC Smart Bulb Revenue by Region (2019-2024)
6.2 APAC Smart Bulb Sales by Type
6.3 APAC Smart Bulb Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Smart Bulb by Country
7.1.1 Europe Smart Bulb Sales by Country (2019-2024)
7.1.2 Europe Smart Bulb Revenue by Country (2019-2024)
7.2 Europe Smart Bulb Sales by Type
7.3 Europe Smart Bulb Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Bulb by Country
8.1.1 Middle East & Africa Smart Bulb Sales by Country (2019-2024)
8.1.2 Middle East & Africa Smart Bulb Revenue by Country (2019-2024)
8.2 Middle East & Africa Smart Bulb Sales by Type
8.3 Middle East & Africa Smart Bulb Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Smart Bulb
10.3 Manufacturing Process Analysis of Smart Bulb
10.4 Industry Chain Structure of Smart Bulb
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Smart Bulb Distributors
11.3 Smart Bulb Customer
12 World Forecast Review for Smart Bulb by Geographic Region
12.1 Global Smart Bulb Market Size Forecast by Region
12.1.1 Global Smart Bulb Forecast by Region (2025-2030)
12.1.2 Global Smart Bulb Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Smart Bulb Forecast by Type
12.7 Global Smart Bulb Forecast by Application
13 Key Players Analysis
13.1 Signify
13.1.1 Signify Company Information
13.1.2 Signify Smart Bulb Product Portfolios and Specifications
13.1.3 Signify Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Signify Main Business Overview
13.1.5 Signify Latest Developments
13.2 General Electric
13.2.1 General Electric Company Information
13.2.2 General Electric Smart Bulb Product Portfolios and Specifications
13.2.3 General Electric Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 General Electric Main Business Overview
13.2.5 General Electric Latest Developments
13.3 Feit Electric
13.3.1 Feit Electric Company Information
13.3.2 Feit Electric Smart Bulb Product Portfolios and Specifications
13.3.3 Feit Electric Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Feit Electric Main Business Overview
13.3.5 Feit Electric Latest Developments
13.4 OSRAM(AMS)
13.4.1 OSRAM(AMS) Company Information
13.4.2 OSRAM(AMS) Smart Bulb Product Portfolios and Specifications
13.4.3 OSRAM(AMS) Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 OSRAM(AMS) Main Business Overview
13.4.5 OSRAM(AMS) Latest Developments
13.5 Sengled
13.5.1 Sengled Company Information
13.5.2 Sengled Smart Bulb Product Portfolios and Specifications
13.5.3 Sengled Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Sengled Main Business Overview
13.5.5 Sengled Latest Developments
13.6 Cree
13.6.1 Cree Company Information
13.6.2 Cree Smart Bulb Product Portfolios and Specifications
13.6.3 Cree Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Cree Main Business Overview
13.6.5 Cree Latest Developments
13.7 iLumi solutions
13.7.1 iLumi solutions Company Information
13.7.2 iLumi solutions Smart Bulb Product Portfolios and Specifications
13.7.3 iLumi solutions Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 iLumi solutions Main Business Overview
13.7.5 iLumi solutions Latest Developments
13.8 Yeelight
13.8.1 Yeelight Company Information
13.8.2 Yeelight Smart Bulb Product Portfolios and Specifications
13.8.3 Yeelight Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Yeelight Main Business Overview
13.8.5 Yeelight Latest Developments
13.9 TCP
13.9.1 TCP Company Information
13.9.2 TCP Smart Bulb Product Portfolios and Specifications
13.9.3 TCP Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 TCP Main Business Overview
13.9.5 TCP Latest Developments
13.10 Huawei
13.10.1 Huawei Company Information
13.10.2 Huawei Smart Bulb Product Portfolios and Specifications
13.10.3 Huawei Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Huawei Main Business Overview
13.10.5 Huawei Latest Developments
13.11 Revogi
13.11.1 Revogi Company Information
13.11.2 Revogi Smart Bulb Product Portfolios and Specifications
13.11.3 Revogi Smart Bulb Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Revogi Main Business Overview
13.11.5 Revogi Latest Developments
14 Research Findings and Conclusion
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*If Applicable.