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Lighting Market set to grow by USD 62.8 Billion from 2025-2029, driven by new developments and product launches, with AI shaping market trends – Technavio

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NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global lighting market size is estimated to grow by USD 62.8 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  7.4%  during the forecast period. Growing number of developments and lighting product launches is driving market growth, with a trend towards advances in automotive lighting systems. However, sustainability issue in lighting industry  poses a challenge. Key market players include Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Havells India Ltd., Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips NV, LSI Industries Inc., Lumileds Holding BV, Panasonic Holdings Corp., Sharp Corp., SMART Holdings Inc., Syska Led Lights Pvt. Ltd., and Toyoda Gosei Co. Ltd..

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Lighting Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 7.4%

Market growth 2025-2029

USD 62.8 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.4

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 45%

Key countries

US, China, Germany, UK, Japan, India, France, South Korea, Canada, and Italy

Key companies profiled

Acuity Brands Inc., ams OSRAM AG, Bridgelux Inc., Dialight Plc, Digital Lumens Inc., Eaton Corp plc, Ennostar Inc., General Electric Co., GrowRay Lighting Technologies, Havells India Ltd., Hubbell Inc., IDEAL INDUSTRIES Inc., Koninklijke Philips NV, LSI Industries Inc., Lumileds Holding BV, Panasonic Holdings Corp., Sharp Corp., SMART Global Holdings Inc., Syska Led Lights Pvt. Ltd., and Toyoda Gosei Co. Ltd.

Market Driver

The lighting market is thriving with trends in interior designing, photography, and scientific advancements. LED lights are leading the charge, replacing traditional incandescent, CFL, LFL, HID, and halogen bulbs due to their energy efficiency and longer life expectancy. LEDs are not just for houses but also for automotive headlamps, aviation, advertising, and traffic signals. Developing and under-developing nations are adopting solar and off-grid solutions for energy consumption reduction. Effective manufacturers like Signify are introducing energy-efficient luminaires, light control systems, and smart LED bulbs. Urban cities and commercial buildings are implementing smart lighting solutions to reduce electricity costs and promote environmental sustainability. The Biden Harris Administration supports smart cities initiatives to minimize capital costs and logistics inefficiency. LEDs are also used in horticulture, medical devices, and camera flashes. The future of lighting is smart, energy-efficient, and cost-effective. 

Adaptive lighting systems are gaining popularity in both commercial and automotive industries due to their enhanced safety and comfort features. These systems, specifically designed for night driving and low-light conditions, improve visibility around curves and hills by adjusting the beam direction based on steering input. In contrast, standard headlights continue to illuminate the road straight ahead, leaving the side of the road unlit. Additionally, when climbing a hill, adaptive headlamps prevent the beams from pointing upward, ensuring optimal visibility on the road ahead. This technology enhances driving safety and provides a more comfortable driving experience. 

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Market Challenges

The lighting market encompasses various sectors including interior designing, photography, and scientific research. Lighting solutions range from LEDs for houses and commercial buildings to automotive and outdoor applications. Scientists continue to innovate with LEDs for plants and energy-efficient solutions. Developing and under-developing nations face challenges with electricity access and affordability. Effective manufacturers produce luminaires and light control systems, addressing energy consumption and operating costs. Solar and LED technologies offer cost-effective, energy-efficient alternatives, especially in the off-grid solar sector. LEDs replace traditional incandescent, CFL, LFL, HID, and halogen bulbs in general and automotive lighting. Energy costs remain a concern, driving the adoption of smart LED bulbs and outdoor lighting. Real estate, semiconductor, and aviation industries utilize advanced lighting technologies. Energy efficiency and environmental sustainability initiatives, such as the Biden Harris Administration’s focus on smart cities, further fuel market growth. Effective lighting solutions improve urban cities, highways, commercial malls, airports, and various industries like horticulture, medical devices, and advertising. Smart lighting solutions integrate with building automation systems, HVAC, and security for energy savings and improved functionality.The lighting market faces a significant challenge in ensuring sustainability as the demand for environmentally friendly and energy-efficient solutions, such as CFLs and LED lighting, increases. However, the availability of rare earth elements, like those used in Phosphor-based LEDs, is limited, leading to potential price hikes and supply chain disruptions. Addressing this issue is crucial for the continued growth of the lighting industry. Sustainable lighting solutions not only reduce the environmental impact but also offer cost savings in the long run. Companies must work towards finding alternative sources or recycling methods for rare earth elements to mitigate these risks.

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Segment Overview 

This lighting market report extensively covers market segmentation by  

ApplicationType 2.1 LED technology2.2 Traditional technologyGeography 3.1 APAC3.2 Europe3.3 North America3.4 Middle East and Africa3.5 South AmericaProductDistribution Channel

1.1 General lighting –  The general lighting market encompasses various products such as lamps, electronics, consumer luminaires, systems, and professional luminaires and systems. This segment is the largest in the lighting industry, primarily used in residential, commercial, and outdoor applications. Notable companies like Signify NV, OSRAM, and IDEAL INDUSTRIES Inc. Dominate this sector. LED technology, introduced in the 1970s, has significantly impacted the market with its advantages like low maintenance, long lifespan, energy efficiency, and eco-friendliness. The decreasing LED prices further boost its popularity. Developed countries are adopting connected lighting technology, enabling control of fixtures via smartphones, which may lead to new opportunities for growth in the general lighting market.

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Research Analysis

The lighting market encompasses various applications of light in interior designing, photography, and scientific research. LED lights, with their energy efficiency and long lifespan, have revolutionized the industry. Plants thrive under LEDs, making them popular in horticulture. Lighting plays a crucial role in electricity consumption and energy costs, making energy-efficient solutions essential. Scientists continue to explore metals and white light for advanced applications. LEDs dominate automotive headlamps and aviation, while CFL bulbs are phased out. Advertising, traffic signals, medical devices, camera flashes, and lighted wallpapers also utilize specialized lighting. The Biden Harris Administration pushes for energy-efficient lighting through policies. The Color Rendering Index measures light’s ability to reveal colors accurately. CEA systems, LED lighting, building automation, HVAC, security, and smart lighting solutions further expand the market’s scope.

Market Research Overview

The lighting market encompasses various applications, from interior designing and photography to scientific research and automotive industries. LEDs have revolutionized the sector with their energy efficiency and long life span, replacing traditional incandescent, CFL, LFL, HID, and halogen bulbs. Plants and developing nations benefit from solar lighting in houses and off-grid solar sectors. Light control systems and environmental actions reduce electricity consumption. AI and smart lighting solutions optimize energy usage in urban cities, commercial buildings, malls, stores, restaurants, hospitals, schools, parking lots, and real estate. Semiconductors and effective manufacturers offer cost-effective LED fixtures and luminaires, addressing energy problems and environmental degradation. The Biden Harris Administration supports energy efficiency and environmental sustainability initiatives, including smart outdoor lighting, traffic signals, and lighting for bridges and buildings. The market includes various players from the automotive, retail, aviation, advertising, medical devices, and traffic signal industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationTypeLED TechnologyTraditional TechnologyGeographyAPACEuropeNorth AmericaMiddle East And AfricaSouth AmericaProductDistribution Channel

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

Lahaina art gallery turns tragedy into technology with FIRST LOOK

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Harte International Galleries to launch first of its kind “gallery in your pocket”.

LAHAINA, Hawaii, April 21, 2026 /PRNewswire/ — Following the devastating Maui wildfire of August 8, 2023, which destroyed its Lahaina gallery, Harte International Galleries announces the launch of FIRST LOOK, an innovative digital application designed to bring investment grade art directly to collectors. This new “gallery in your pocket” app ensures continued access to masterworks and new releases, embodying the gallery’s resilience and commitment to its clientele.

Maui art gallery turns tragedy into innovation with a fine art APP that’s a gallery in your pocket, called FIRST LOOK.

To explore the FIRST LOOK app and discover its unique offerings, please visit: www.hartegalleries.com

Reimagining Art Access 

“FIRST LOOK from Harte International Galleries is not just an app; it’s a vibrant new chapter for art enthusiasts, offering an engaging and informative way to discover masterpieces by iconic artists such as Picasso, Chagall, Miro, Salvador Dali and even Sir Anthony Hopkins at discounted prices, thanks to the elimination of traditional gallery overheads, making world-class art more accessible and enjoyable than ever before,” said Glenn Harte.

With physical rebuilding efforts in Lahaina currently stalled, Glenn and Devon Harte, owners of Harte International Galleries, developed FIRST LOOK as a direct response to the loss of their physical space. This digital platform allows the gallery to rebuild its inventory and continue serving loyal collectors without the overhead of a traditional brick-and-mortar location. The app provides a fun, informative, and accessible way to engage with fine art.

Direct Access to Masterworks

FIRST LOOK offers collectors unparalleled, immediate access to new acquisitions and exclusive releases. Members receive instant notifications on their mobile phones, complete with images, detailed descriptions, and pricing for each piece. This direct communication channel allows members to inquire about art with a single tap, connecting them directly with the gallery owners.

The app features a curated selection of renowned artists and masterworks, including:

Masterworks: Picasso, Chagall, Miro, Matisse, Rembrandt, Durer, Salvador Dali.New Releases: Sir Anthony Hopkins and famed graffiti artist Rascal.

By leveraging FIRST LOOK, Harte International Galleries continues its legacy of providing access to exceptional art, adapting to new realities while maintaining the highest standards of quality and authenticity. Further information about the app and its offerings is available at: www.hartegalleries.com 

Harte International Galleries, formerly of Lahaina, Maui has rebuilt with a digital gallery for serious collectors, called FIRST LOOK.

Known for offering museum grade art from Picasso, Chagall, Miro, Matisse, Dali, Rembrandt, Durer, Sir Anthony Hopkins and Rascal – Harte International Galleries uses innovation to create a digital gallery.

go to: www.hartegalleries.com

Media Contact:
Glenn Harte
glennharte@hartegalleries.com 

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As homes get smarter, new global research names Aiper as the world’s No.1 smart robotic pool cleaner brand

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New research reveals Aiper holds the position of the world’s No.1 brand of smart robotic pool cleaners based on 2026 manufacturer sales volume worldwide

SYDNEY, April 22, 2026 /PRNewswire/ — As technologies like artificial intelligence (AI) become embedded in everyday life1, homeowners are embracing innovation more than ever. This trend is reflected in new global research which names Aiper the world’s No.1 brand of smart robotic pool cleaners*. From robot vacuums indoors to smart security, lighting and energy systems, homeowners are now seeking systems that help optimise energy use, align with cost-saving goals and reduce environmental impact, without sacrificing comfort or convenience.

According to independent research by Euromonitor International, completed in December 2025, Aiper ranked No.1 globally based on manufacturer sales volume worldwide. The findings come as smart home adoption accelerates globally, valued at more than $147 billion USD in 2025 and projected to grow rapidly over the next decade2, as households prioritise automation that improves efficiency and supports sustainability goals.

Pool care is following the same trajectory. With more than 3.1 million Australians living in homes with a swimming pool or spa3, demand is growing for intelligent, low-effort systems that can operate autonomously, efficiently and reliably, while helping households manage energy use and ongoing maintenance costs.

Aiper’s innovation-led approach was formally recognised at the 2026 Consumer Electronics Show (CES) in Las Vegas, where Euromonitor International presented Aiper with an official certificate acknowledging its global sales leadership. The recognition highlights not only the brand’s growth, but the accelerating mainstream adoption of intelligent robotics in outdoor living.

Aiper’s next innovation, the Scuba V3, is the world’s first cognitive AI-powered robotic pool cleaner. Lightweight and easy to use, it cleans 10x faster with AI vision that identifies 20+ debris types in 3 seconds. Using Cognitive AI Navium™ mode, it automatically adapts cleaning paths, suction, and frequency to each pool, delivering a true set-it-and-forget-it experience for crystal-clear water. Demonstrating how robotics and AI can support more sustainable, low-effort outdoor living while helping households better manage energy and water use.This model will be available in the Australia market during Spring season.

This growing momentum is also being recognised by Aiper’s key retail partner in Australia, Clark Rubber. “At Clark Rubber, we’re seeing strong growth in demand for smarter, more efficient pool care solutions as Australian households look to reduce maintenance time, energy use and overall costs. Aiper’s global recognition reflects the increasing role that innovation and intelligent technology are playing in outdoor living. As a key retail partner, we’re excited to bring these advanced solutions to Australian consumers and support the shift toward more sustainable, low-effort pool ownership.” said Anthony Grice, CEO Clark Rubber.

For Australian households, long swimming seasons, outdoor lifestyles, and rising energy costs make smart, efficient systems a practical necessity. Aiper’s global recognition marks a turning point for smart outdoor living, where advanced robotics and AI are increasingly powerful, accessible, and sustainable, shaping the way modern homes evolve. For more information, visit https://aiper.com/au/home

Research and Citations

https://hai.stanford.edu/ai-index/2025-ai-index-report  https://www.fortunebusinessinsights.com/industry-reports/smart-home-market-101900https://www.roymorgan.com/findings/9311-australian-swimming-pool-ownership-march-2023

About Aiper

Aiper is the global pioneer of cordless robotic pool cleaning technology and a leader in smart yard product solutions. Aiper empowers homeowners to transform their backyards into a personal vacation retreat with the help of innovative, smarter, and greener product solutions. Aiper has been recognised as a CES Innovation Awards honouree in 2023, 2024, and 2025, underscoring its commitment to pioneering smart yard solutions.

*Aiper is the No.1 brand of smart robotic pool cleaner in the world in terms of sales volume.

Source: Euromonitor International Co., Ltd., in terms of 2025 manufacturer sales volume (units) in the world. Smart robotic pool cleaner is
defined as: intelligent service robots integrating mechanical, electronic, software algorithm and sensor technologies. They autonomously or
with minimal human intervention perform pool cleaning and maintenance tasks, typically featuring smart navigation, path planning, and
multiple cleaning modes. Research completed in 2026/3.

 

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Slip And Fall Vs Premises Liability Explained By HelloNation Featuring Personal Injury Attorney Joe Stanley

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The article clarifies how property owner responsibility and legal negligence affect injury claims under New York law.

WATERTOWN, N.Y., April 21, 2026 /PRNewswire/ — What is the difference between slip and fall incidents and premises liability when someone is injured on another person’s property? The answer is addressed in a HelloNation article featuring insights from Joe Stanley of Stanley Law Offices LLP in Watertown, New York.

The HelloNation article explains that, while slip-and-fall and premises liability are often used interchangeably, they are not the same under New York law. A slip and fall refers to the actual event in which a person slips, trips, or falls due to a condition on a property. Premises liability, however, is the legal framework used to determine whether a property owner is responsible for an injury. This distinction is important because not every slip-and-fall incident results in a valid injury claim.

According to the article, property owner responsibility in Watertown NY, depends on whether the owner knew or should have known about a hazardous condition. New York law requires property owners to maintain safe premises and to warn visitors about known dangers. This duty applies broadly to commercial properties, rental units, and private homes that welcome guests. The article notes that hazards such as wet floors, icy walkways, or poor lighting may result in premises liability if they are not addressed in a reasonable time.

The article further emphasizes that legal negligence is the key factor in determining liability. Courts evaluating injury claims consider whether a property owner took reasonable steps to inspect and maintain the property. This includes reviewing maintenance practices, prior complaints, and the foreseeability of the risk. If a hazard appeared suddenly and the property owner had no reasonable opportunity to correct it, premises liability may not apply, even if a slip and fall occurred.

The HelloNation article also highlights how property owner responsibility extends to regular inspections, timely repairs, and proper warning signs. In Watertown NY, failing to clear snow or ice, ignoring spills, or neglecting adequate lighting can contribute to legal negligence. At the same time, the article explains that property owners who actively maintain their premises and provide clear warnings are less likely to face liability under New York law.

For individuals pursuing injury claims, understanding the distinction between slip-and-fall incidents and premises liability is essential. The article advises that documenting the scene, taking photographs, and seeking prompt medical attention can help support a claim. These steps are important in establishing whether legal negligence played a role and whether the property owner’s responsibility can be demonstrated.

The article also explains that not all accidents meet the legal threshold for premises liability. A slip and fall caused by an unexpected personal item or hazard that could not have been anticipated may not result in a valid claim. This reinforces the importance of evaluating each case based on the facts and the standards set by New York law.

By clarifying these distinctions, the HelloNation article provides readers in Watertown NY with practical guidance on how slip and fall incidents are evaluated within the broader concept of premises liability. Understanding how legal negligence and property owner responsibility are applied can help individuals better navigate injury claims and make informed decisions after an accident.

Slip and Fall vs. Premises Liability in Watertown, NY features insights from Joe Stanley, an attorney in Watertown, New York, on HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content with storytelling, HelloNation delivers expert-driven, good-news articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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