Lighting as a Service

Third-Party Management of Lighting Systems in Commercial Buildings:
Global Market Analysis and Forecasts

The lighting industry is in the midst of change as LED lighting becomes more and more popular and lighting controls continue to improve. Due to the evolving market, customers are unsure of lighting products and systems that are needed to stay current and maximize the bottom line of business. Energy efficient decision makers within the commercial building industry struggle with the plethora of lighting product and controls available on the market. As a result of this struggle, the market is seeing a shift in how lighting and other building technologies are obtained and managed. These shifts and uncertainties will lead to the rise of lighting as a service (LaaS).

Navigant Research broadly defines LaaS as the third-party management of a lighting system, including additional maintenance, financial, technical, or operational services. A key focus of an as a service business model is shifting business spending from CAPEX to OPEX. LaaS offerings can range from basic lighting upgrades to services that include advanced sensors, controls, and network communications to add value that supports an organization’s core mission. The market is shifting from a traditional financing model to an increased number of turnkey services, providing the customer with a full-scale offering from audit and design to installation to management and maintenance of the system. This is the beginning of a trend that Navigant Research anticipates will grow over the next 10 years.

This Navigant Research report examines the LaaS market for commercial buildings, with a focus on financing, maintenance, and turnkey services. The study addresses market issues, including key drivers and barriers, related to LaaS solutions. Global market forecasts for LaaS revenue, segmented by service type, building type, and region, extend through 2026. The report also examines the key services related to LaaS, as well as the competitive landscape.

Key Questions Addressed:
  • What is lighting as a service (LaaS)?
  • Which companies are the key players in the LaaS market?
  • What is driving the adoption of LaaS solutions?
  • What barriers are limiting the growth of the LaaS market?
  • How quickly is the global LaaS market expected to grow?
Who needs this report?
  • Lighting manufacturers
  • Lighting control vendors
  • Lighting software companies
  • Technology firms
  • Commercial building owners and managers
  • Financial firms
  • Energy service companies (ESCOs)
  • Investor community

Table of Contents

1. Executive Summary

1.1   Introduction

1.2   Key Market Drivers

1.3   Market Size and Forecast

2. Market Issues

2.1   Market Overview

2.2   Defining LaaS

2.2.1   Financing Services

2.2.2   Maintenance Services

2.2.3   Turnkey Services

2.3   Market Drivers

2.3.1   LED Growth

2.3.2   IoT

2.4   Market Barriers

2.4.1   Lack of Education and Standardization of Definitions

2.4.2   Shift of Business Model

2.4.3   Trust

3. Key Industry Players

3.1   Acuity

3.2   Current, powered by GE

3.3   Digital Lumens (OSRAM)

3.4   Eaton

3.5   ECS Global

3.6   Enlighted

3.7   Future Energy Solutions

3.8   Itelecom

3.9   Philips Lighting

3.10   SIB Lighting

3.11   SparkFund

3.12   Tenzing Energy Solutions

3.13   WattStopper (Legrand)

3.14   Zumtobel

4. Market Forecasts

4.1   Forecast Methodology

4.2   Global Forecast

4.3   Market Forecast by Region

4.3.1   North America

4.3.2   Europe

4.3.3   Asia Pacific

4.3.4   Latin America

4.3.5   Middle East & Africa

4.4   Conclusions and Recommendations

5. Building Types

5.1   Office

5.2   Retail

5.3   Education

5.4   Healthcare

5.5   Hotels & Restaurants

5.6   Institutional/Assembly

5.7   Warehouse

5.8   Transport

6. Acronym and Abbreviation List
7. Table of Contents
8. Table of Charts and Figures
9. Scope of Study, Sources and Methodology, Notes

List of Charts

  • LaaS Revenue by Building Type, World Markets: 2017-2026
  • LaaS Revenue by Service Type, World Markets: 2017-2026
  • LaaS Revenue by Service Type, North America: 2017-2026
  • LaaS Revenue by Building Type, North America: 2017-2026
  • LaaS Revenue by Service Type, Europe: 2017-2026
  • LaaS Revenue by Building Type, Europe: 2017-2026
  • LaaS Revenue by Service Type, Asia Pacific: 2017-2026
  • LaaS Revenue by Building Type, Asia Pacific: 2017-2026
  • LaaS Revenue by Service Type, Latin America: 2017-2026
  • LaaS Revenue by Service Type, Middle East & Africa: 2017-2026
  • LaaS Revenue by Building Type, Latin America: 2017-2026
  • LaaS Revenue by Building Type, Middle East & Africa: 2017-2026

List of Tables

  • LaaS Revenue by Service Type, World Markets: 2017-2026
  • LaaS Revenue by Service Type, North America: 2017-2026
  • LaaS Revenue by Service Type, Europe: 2017-2026
  • LaaS Revenue by Service Type, Asia Pacific: 2017-2026
  • LaaS Revenue by Service Type, Latin America: 2017-2026
  • LaaS Revenue by Service Type, Middle East & Africa: 2017-2026
  • LaaS Revenue by Building Type, World Markets: 2017-2026
  • LaaS Revenue by Building Type, North America: 2017-2026
  • LaaS Revenue by Building Type, Europe: 2017-2026
  • LaaS Revenue by Building Type, Asia Pacific: 2017-2026
  • LaaS Revenue by Building Type, Latin America: 2017-2026
  • LaaS Revenue by Building Type, Middle East & Africa: 2017-2026

Report Details

  • Pages: 39
  • Tables, Charts,
    Figures:
    24
  • Release Date: 4Q 2017
  • Release File(s): PDF* and Excel *Indicates primary report file.

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