Comfort & Lighting - Netherlands | Statista Market Forecast

Revenue in the Comfort & Lighting market is projected to reach US$267.3m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 8.98%, resulting in a projected market volume of US$410.9m by 2029.
In the Comfort & Lighting market, the number of active households is expected to amount to 9.3m users by 2029.
Household penetration will be 32.2% in 2024 and is expected to hit 111.3% by 2029.
The average revenue per installed Smart Home currently is expected to amount to US$101.10.

Definition:

Comfort & Lighting market includes devices for the improvement of the living atmosphere. These are devices such as sensors and actuators (e.g., door and window sensors, shutters) as well as connected and remote controllable light sources (smart bulbs) or garage door controls.
Programmable or controllable power sockets are not included (see Control & Connectivity).

Additional Information:

The market comprises revenue, average revenue per smart home, number of smart homes so as the household penetration rate by smart home, and key players. Figures are generated through both online and offline sales channels and include exclusive spending by consumers (B2C). Market leaders include Philips, Google, Ring Samsung, and other brands renowned for their innovation, brand recognition, and expansive distribution channels within their respective categories. For more information on the data displayed, use the info button right next to the boxes.

Digitally connected and controlled devices for living atmosphere improvement
Smart lighting/bulbs
Window/door sensors (e.g., Ring Alarm Pack), shading devices (e.g., Lutron Caséta), garage door controls (e.g., Meross Smart WiFi Garage Door Opener)

Control buttons, gateways/hubs
Smart TVs
B2B/C2C sales of any kind (e.g., to hotels or office buildings)

The Comfort & Lighting market in Netherlands has been experiencing steady growth in recent years. Customer preferences for energy-efficient and smart lighting solutions have been driving this growth. Additionally, the increasing focus on sustainability and the growing adoption of smart home technologies have also contributed to the development of the market.

Customer preferences: Customers in Netherlands have shown a strong preference for energy-efficient lighting solutions. This can be attributed to the increasing awareness about environmental issues and the desire to reduce energy consumption. LED lighting has gained popularity in the country due to its energy-saving benefits and long lifespan. Customers are also looking for lighting solutions that provide optimal comfort and enhance the overall ambiance of their living spaces.

Trends in the market: One of the key trends in the Comfort & Lighting market in Netherlands is the adoption of smart lighting solutions. Smart lighting allows customers to control and customize their lighting settings through mobile apps or voice commands. This trend is driven by the increasing popularity of smart home technologies and the desire for convenience and flexibility in lighting control. Customers are also looking for lighting solutions that offer advanced features such as color-changing capabilities and integration with other smart devices. Another trend in the market is the integration of lighting with other home automation systems. Customers are increasingly seeking integrated solutions that can control not only lighting but also other aspects of their homes, such as temperature, security, and entertainment. This trend is driven by the desire for seamless connectivity and the ability to create personalized and automated experiences within the home.

Local special circumstances: The Comfort & Lighting market in Netherlands is influenced by the country's strong focus on sustainability and energy efficiency. The government has implemented various initiatives and regulations to promote energy-efficient lighting solutions. For example, there are subsidies and tax incentives available for the installation of LED lighting in residential and commercial buildings. This has created a favorable environment for the growth of the market.

Underlying macroeconomic factors: The growth of the Comfort & Lighting market in Netherlands is also supported by favorable macroeconomic factors. The country has a stable economy and a high standard of living, which has led to increased consumer spending on home improvement and renovation projects. Additionally, the construction industry in Netherlands has been growing, creating opportunities for the installation of lighting solutions in new residential and commercial buildings. These factors have contributed to the overall development of the market. In conclusion, the Comfort & Lighting market in Netherlands is experiencing growth due to customer preferences for energy-efficient and smart lighting solutions, as well as the increasing focus on sustainability and the adoption of smart home technologies. The integration of lighting with other home automation systems is also a key trend in the market. The local special circumstances, such as government initiatives to promote energy efficiency, and favorable macroeconomic factors, including a stable economy and a growing construction industry, have further supported the development of the market.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market category. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting innovative products due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated once a year, in case market dynamics change we do more frequent updates.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

Smart homes use connected devices and appliances to perform actions, tasks, and automated routines to save money, time, and energy. They are the ongoing revolution of the humble home appliance mixed with AI, robotics, and improvement in IoT technologies. AI in particular, speeding up response times and working as an automation bridge between homeowner and home is already having an impact.