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Home » Smart technology is driving growth and investment in the lighting market

Smart technology is driving growth and investment in the lighting market

by Simon Jones Tech Reporter
3rd Oct 24 3:32 pm

BEIS Strategic Consultancy, an industry leader in business transformation and product-to-market strategies, today released new insights into how smart lighting technology is revolutionising the global lighting industry.

With the rapid rise of smart homes and commercial properties, BEIS highlights smart lighting as a key investment area, providing immense growth potential for both investors and businesses eager to tap into this dynamic market.

Smart lighting technology, which integrates advanced features like automation, energy efficiency, and connectivity, is increasingly becoming a staple in modern infrastructure.

As consumers and businesses prioritise sustainability and convenience, smart lighting systems offer personalised and energy-efficient lighting solutions that can be controlled remotely or integrated with building management systems.

Michael Burdon, Founder of BEIS Strategic Consultancy, said, “The smart lighting revolution is just beginning, especially within the commercial verticals, and the BEIS team is at the forefront, helping investors and businesses capture opportunities in this high-growth area.

“Our consultancy’s expertise in both lighting technologies and investor strategies ensures that we are perfectly positioned to advise across this rapidly evolving market.”

The adoption of smart lighting is driven by a global shift toward energy-efficient solutions, along with increasing demand for smart homes and workspaces. These systems not only reduce energy consumption but also offer enhanced functionality through automation and IoT (Internet of Things) integration.

As demand increases for innovative ways to control lighting, including automating maintenance schedules on emergency lighting fittings, the smart lighting market is expected to grow exponentially in the coming years. The consultancy emphasises that smart lighting is not just a technological shift but also a significant market opportunity. Businesses and investors can benefit from understanding the demand for eco-friendly, customisable lighting solutions, and harnessing automation and AI integration to deliver value-driven products.

With years of experience in the lighting and electrical sectors, BEIS is uniquely positioned to help companies stay ahead in these industries. The firm offers specialised consulting services, including market analysis, competitive positioning, and long-term investment strategies to help businesses scale and investors maximise returns in this sector.

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