Professional lighting market seen reaching $53.45B by 2030

The Business Research Company says the professional lighting market will grow from $40.97 billion in 2026 to $53.45 billion by 2030, driven by IoT-enabled smart lighting, LED adoption and smart building demand. Asia-Pacific held the largest share in 2025 and is expected to be the fastest-growing region through the forecast period.

Why it matters: - The professional lighting market is tied to energy efficiency, smart buildings and connected infrastructure. - Growth in the sector signals broader demand for lighting systems that can cut power use, automate controls and support commercial, workplace and entertainment settings. - The forecast points to continued investment in sustainable infrastructure and smart city projects.

What happened: - The Business Research Company projected the professional lighting market will rise from $38.42 billion in 2025 to $40.97 billion in 2026. - The report forecasts the market will reach $53.45 billion by 2030, implying a 6.9% CAGR from 2026 to 2030. - Asia-Pacific held the largest share of the market in 2025 and is expected to be the fastest-growing region over the forecast period.

The details: - The market's recent growth has been driven by rising demand for energy-efficient lighting, commercial infrastructure development, wider LED adoption, more smart building investment and growth in entertainment and event venues. - The report highlights connected lighting systems, intelligent lighting automation, sustainable infrastructure spending, smart city initiatives and adaptive lighting in workplaces as major forecast drivers. - The market is also seeing stronger demand for customizable lighting, wireless controls, human-centric lighting and professional lighting used in entertainment and architectural applications. - Professional lighting is designed for environments that need reliable, high-quality and controllable illumination. - These systems are used in workplaces, performance venues and large-scale facilities. - The report includes coverage of Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa. - The 2026 report adds market attractiveness scoring, total addressable market analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, and updated graphics and tables.

Between the lines: - IoT-enabled smart lighting is emerging as a key growth engine because sensors and internet connectivity allow systems to adjust lighting automatically based on occupancy, daylight and user preferences. - The shift from basic illumination to software-driven lighting suggests the market is becoming more about energy management and remote control than fixtures alone. - The report cites US Energy Information Administration data showing that in 2024, about 47 million US households used smart speakers to control indoor or outdoor lighting, including nearly 14 million households that used smart speakers specifically for lighting control.

What's next: - The market is likely to keep expanding as connected lighting, automation and adaptive workplace solutions gain wider adoption. - Demand should also rise as smart city programs and sustainable infrastructure projects move forward. - Professional lighting vendors will likely keep emphasizing LED systems, wireless controls and human-centric applications as competitive features.

The bottom line: - Professional lighting is moving toward a faster-growth phase powered by connected systems, energy savings and broader use across commercial and public infrastructure.