The traditional model of selling light bulbs is being challenged by Lighting as a Service. In an LaaS model, customers pay a monthly fee for illumination, while the service provider owns, maintains, and upgrades the physical assets. This shifts the capital expenditure for a new, efficient LED lighting system to an operational expense, removing a significant barrier to adoption for many businesses. The provider handles installation, maintenance, and end-of-life recycling, guaranteeing performance and energy savings. For the client, it ensures they always have the latest technology without new investments. This model is particularly attractive for large-scale projects like municipal street lighting, corporate campuses, and retail chains. It aligns the interests of the provider and client towards maximizing efficiency and longevity. As connectivity becomes standard, LaaS also opens the door for data-driven services, such as predictive maintenance and space utilization analytics, further embedding lighting companies as long-term partners in facility management.
Lighting as a Service: A New Business Model Emerges
