Learn about the global smart LED bulbs market through The Business Research Company, which provides information on smart LED bulbs market size, smart LED bulbs market drivers and restraints, smart LED bulbs market players, the COVID-19 impact on the smart LED bulbs market, and more.

The global smart LED bulbs market size s expected grow from $8.89 billion in 2021 to $11.08 billion in 2022 at a compound annual growth rate (CAGR) of 24.6%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The smart LED bulb market is expected to reach $25.06 billion in 2026 at a CAGR of 22.6%.

The development of smart cities is a key factor driving the growth of the smart LED bulbs market.

Request A Sample For The Global Smart LED Bulbs Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3170&type=smp

The smart LED bulbs market consists of sales of smart LED bulbs and related services that are used in indoor and outdoor lighting. The smart LED bulb establishments are primarily engaged in the manufacturing smart LED bulbs and required accessories. Smart bulb is an internet-enabled LED light bulb that allows the lighting to be personalized, programmed and regulated.

Global Smart LED Bulbs Market Segments Include:

By Technology: Wired Technology, Wireless Technology

By Application: Indoor Lighting, Outdoor Lighting

By Installation Type: New Installation, Retrofit

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the smart LED bulbs market in 2021.

The Wi-Fi enabled LED bulbs is a key trend in the smart LED bulbs market. Wi-Fi-enabled LED bulbs connect to the home router and therefore, do not need a network that cuts down on clutter and problems. Wi-Fi capable lights can be operated easily through the brand-connected application. They can also be used with smart assistants, like Alexa and Google, to monitor the lights.

TBRC’s smart LED bulbs market report covers:

Major Market Players: Legrand S.A., Acuity Brands Inc., Eaton Corporation, General Electric Company, OSRAM Licht, Honeywell International Inc., Hubbell Incorporated, Koninklijke Philips N.V., Cree Inc., and Lutron Electronics.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Smart LED Bulbs Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides smart LED bulbs market overviews, analyzes and forecasts market size, share, smart LED bulbs market players, smart LED bulbs market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s smart LED bulbs market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Backlight LED Global Market Report 2022

Automotive Light Emitting Diode (LED) Bulbs Global Market Report 2022

Light Emitting Diode (LED) Global Market Report 2022

Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: