US Smart Lighting Market Assessment - Consumer Adoption and Purchase Trends Across 5 Years


Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "US Smart Lighting Market Assessment" report has been added to ResearchAndMarkets.com's offering.

The Smart Product Market Assessment identifies key and emerging players in the residential smart lighting market. It tracks consumer adoption and purchase trends over 5 years, including use cases, control preferences, and top purchase channels. It includes unit sales and revenue forecasts for smart lights, smart plugs, and smart switches.

Key Questions Answered:

  • What are the major trends currently impacting the smart light market?
  • What product innovations are driving the market?
  • How can product manufacturers differentiate and charge a premium price in a quickly commoditizing market?
  • How is high inflation and a tough housing market impacting consumer demand for smart lighting?
  • What is consumer interest in energy, security, and wellness features in smart products?

Key Topics Covered:

Executive Summary

  • Smart Light and Power Ownership, Purchases, Intentions
  • Top Features for Smart Lighting Device Purchase
  • Attitudes Towards Home Energy Consumption
  • % Rating Energy Monitoring in Smart Plugs "Very Important"
  • US Forecast - Smart Lighting Revenue: Annual Sales Revenue at End-user Value ($M)

Lighting Industry Trends

  • Competitor Landscape Shifts and Acquisitions
  • Interoperability & Networking
  • Product Design & Innovative Features
  • Sensing and Intelligence
  • Pricing & Installation

US Market Sizing & Forecast

  • Market Drivers
  • Market Barriers
  • US Forecast - Smart Light Bulbs: Annual Unit Sales (#M)
  • US Forecast - Smart Light Bulbs: Annual Sales Revenue at End-user Value ($M)
  • US Forecast - Light In-Wall Switches/Dimmers: Annual Unit Sales (#M)
  • US Forecast - Light In-Wall Switches/Dimmers: Annual Sales Revenue at End-user Value ($M)
  • US Forecast - Smart Plugs: Annual Unit Sales (#M)
  • US Forecast - Smart Plugs: Annual Sales Revenue at End-user Value ($M)

Market Activity and Competitors: Smart Light Bulbs

  • Smart Bulb Market Trends and Features
  • Smart Lighting - Market Activity

Market Activity and Competitors: Smart In-Wall Switches

  • Smart In-Wall Switches Market Trends and Features
  • Smart In-Wall Switches - Market Activity

Market Activity and Competitors: Smart Plugs/Power Strips

  • Smart Plugs/Power Strips - Market Trends and Features
  • Smart Plug/Power Strips - Market Activity

Smart Lighting Market Context: Familiarity, Affordability, and Ownership

  • Smart Light Bulbs: High Rating for Familiarity, Perceived Value, and Affordability
  • Smart Light Bulbs: High Familiarity by Technology Adoption Segment
  • Smart Energy, Power Device Ownership
  • Average Number of Smart Lighting/ Power Devices Owned Among Owners
  • Smart Home Devices: Net Promoter Score

Smart Lighting Use: Controls, Energy Monitoring

  • Primary Smart Lighting Control Methods
  • Devices Plugged into Smart Plug
  • Attitudes Towards Home Energy Consumption
  • Energy-Saving Actions Taken Over the Past 12 Months

Device Purchases, Acquisition, Installation

  • Smart Energy, Power Device Purchases
  • Average Numbers of Smart Lighting/ Power Devices Purchased
  • Smart Lighting/Power Devices: Average Purchase Price
  • Smart Lighting/Power Devices: Category of Purchase
  • Smart Lighting/Power Devices: Number of Devices Purchased as First Time Ever
  • Smart Lighting/Power Devices: Purchases, Gifts, and Pre-installed
  • Smart Lighting/Power Devices: Channel Purchase Location
  • Smart Lighting/Power Devices: Installation Methods
  • Smart Lighting/Power Devices: Disposal When Moved
  • Smart Lighting/Power Devices: Purchase Considerations
  • Devices Acquired as Part of Security System
  • Devices Acquired as Part of System, by Installation Method
  • Devices Added After Security System Installation by Installation Method

Smart Lighting Brand Performance

  • Brands Owned: Smart Light Bulb
  • Brand Purchased: Smart Light Bulb
  • Brand Considered: Smart Light Bulb
  • Brands Owned: Smart Plug/Power Strip
  • Brand Purchased: Smart Plug/Power Strip
  • Brand Considered: Smart Plug/Power Strip
  • Brands Owned: Smart In-wall Outlet/Switch or Dimmer
  • Brands Owned: Smart Lighting Control System

Purchase Intention & New Features

  • Purchase Intention: Smart Lighting/Power Devices
  • Important Features for Smart Lighting Device Purchase
  • Interest in Smart Light Bulb Replenishment Service
  • Preferred Type of Smart Light Bulb Service
  • Important Features for Smart Plug Purchase
  • High Interest in Energy Monitoring Feature, Among Select Groups

Device Returns and Technical Support

  • Smart Light/Power Product Returns
  • Smart Home Device: Technical Problems Experienced
  • Reasons for Returning Smart Home Devices
  • Actions after Returning Smart Home Devices

Smart Lighting Owner Demographics

  • Tech Adopter Segments
  • Age Distribution
  • Household Income Distribution
  • Gender Distribution
  • Children at Home
  • Home Ownership
  • Residential Region

For more information about this report visit https://www.researchandmarkets.com/r/jk9wj0

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