Smart lighting control systems promote effective use of power through automatic lighting control that uses various components, such as sensors, transmitters & receivers, and microcontrollers for controlling lighting. The Japan lighting control system market is developing rapidly and is majorly driven by energy-saving initiatives taken by public and private sectors, rapid development in IoT technology, presence of tech giants such as Sony and Panasonic in the country, and regulatory mandate to drive buildings toward zero-net-energy performance. Lighting control systems are a range of lighting software that regulate the levels, quality, and characteristics of light in a defined space. These devices aid in reducing electricity wastage while simultaneously encouraging energy efficiency. An intelligent lighting control system is a network-based lighting control solution, which promotes the effective use of power through automatic lighting control that uses various components, such as sensors, transmitters & receivers, and microcontrollers for controlling lighting.
The Japan lighting control system market is segmented into components, technology, and application. By component, the market is classified into solutions and services. The solutions segment holds a major share as these are low-cost solutions to optimize energy consumption while providing the desired illumination. On the basis of technology, the market is bifurcated into wired and wireless systems. The wireless segment holds considerable market share due to the increase in the deployment of smart homes and cities across the country. Depending on the application, the market is divided into indoor and outdoor lighting control systems. The outdoor segment is the major shareholder due to the increase in the adoption of smart lighting systems for streetlights, parking lots, public storage, and other industrial applications.
In addition, the Japanese Government has introduced policies to support energy-saving products in the form of tax exemptions and subsidies to promote the adoption of energy-efficient lighting systems, as these systems ensure efficient usage of electricity in lighting with minimal wastage, thus driving the growth of the Japan lighting control system. Moreover, propelled by the COVID-19 pandemic, the demand for smart lighting systems has significantly increased for hospitals, educational institutions, and IT offices as an effective measure to prevent the spread of the virus through touch. However, the lack of technical expertise to operate such advanced systems and high installation costs are expected to restrain market growth. The market further faces challenges from alternatives such as manual on/off mechanisms and existing power management technologies.
The Japan lighting control system market is anticipated to experience rapid growth during the forecast period. Due to rapid technological advancements such as the emergence of smaller, more connected, and affordable devices allow the market to offer lower-cost solutions, which, in turn, drives the demand for the lighting control system. Furthermore, the Japan lighting control system market is brimming with opportunities, due to an increase in demand for smart homes and a surge in the need for energy conservation. Another major factor driving the market is the increasing residential and commercial constructions which are estimated to fuel the demand for advanced lighting control solutions during the forecast period.
Wireless technologies and IoT play a major role in market growth, allowing for easier implementation and powerful, intuitive interfaces. Moreover, the market is predicted to be driven by new, advanced wireless systems and the integration of autonomous devices such as switches, lighting fixtures, and sensors into a single platform. The emergence of smart lighting control systems is expected to provide a wide range of opportunities for players in the Japan lighting control system market. In terms of regulations, Japan is focusing on the implementation of stringent energy efficiency regulations for various sectors. In 2018, it amended the Law Concerning the Rational Use of Energy for commercial establishments and buildings to ensure a minimum energy performance standard for lighting technologies. Thus, this regulation is expected to drive the demand for energy-efficient lighting control systems.
Japan lighting control system market is expected to grow at a significant CAGR of 15.3% during the forecast period owing to the introduction of energy-efficient lighting technologies along with increasing public and private investments. Furthermore, the fast development of innovation as well as the rise in investments by different players such as Toshiba, Samsung, and Panasonic, in the market are anticipated to additional market growth. With key vendors, such as Toshiba, Samsung, and Panasonic, the market in the country is projected to witness sustained growth. The domestic market is highly competitive with the presence of several regional and international players. Moreover, key players are engaging in collaborations with manufacturers to develop smart lighting solutions, which is anticipated to foster the demand for lighting control systems market.
Yaskawa Electric, ABB, Panasonic, Toshiba, Hitachi, Mitsubishi Electric, Schneider Electric, Toshiba Lighting & Technology, Guider Industries, and iLight Technologies are the major players operating in the market. To gain a competitive edge, these companies have adopted distinct strategies such as strategic partnerships, product launches, business expansion, and acquisitions. Yaskawa Electric and Panasonic have further collaborated with NEC and Schneider Electric to develop wireless solutions for lighting control applications.
The outbreak of the COVID-19 pandemic is expected to have a huge impact on both the global economy and human lifestyle. Therefore, the report analyzes the macro- and microeconomic impacts of COVID-19 on the market. Furthermore, the report provides a qualitative analysis of the impact of COVID-19 on Japan lighting control system market, including market size and share. In addition, the report identifies key strategies that market participants have used to address pandemic challenges. The research focuses on providing post-COVID-19 impact analysis by discussing the effects of the roll-out of the vaccines and reduction in infection risks on the Japan lighting control system market with the government. Moreover, recent technological advancements have resulted in the development of standardized lighting control systems, which are expected to impact market growth favorably during the forecast period.
Key Benefits For Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in Japan lighting control system market.
- Assess and rank the top factors that are expected to affect the growth of Japan lighting control system market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the Japan lighting control system market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Japan Lighting Control System Market Report Highlights
| Aspects | Details |
 Forecast period | 2022 - 2032 |
 Report Pages | 84 |
 By Component |
|
 By Technology |
|
 By Application |
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 Key Market Players | iLight Technologies, ABB, Yaskawa Electric, Toshiba Lighting & Technology, Schneider Electric, Panasonic, Hitachi, Mitsubishi Electric, Toshiba, Guider Industries |
The Japan Lighting Control System Market is estimated to reach $1.4 billion by 2032
Yaskawa Electric, ABB, Panasonic, Toshiba, Hitachi, Mitsubishi Electric, Schneider Electric, Toshiba Lighting & Technology, Guider Industries, iLight Technologies are the leading players in Japan Lighting Control System Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in japan lighting control system market.
3. Assess and rank the top factors that are expected to affect the growth of japan lighting control system market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the japan lighting control system market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
Japan Lighting Control System Market is classified as by component, by technology, by application
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