Smart Lighting and Control Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

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Report Code: ZMR-2558 | Report Format : | Status : Upcoming |

Abstract

Global Smart Lighting and Control Systems Market: Overview

Smart lighting and control systems are being widely employed in different segments since they provide outstanding energy efficiency in addition to the automated control. The requirement for these techs and systems are anticipated to soar in times when energy usage and its dangerous effect on the surrounding have turned out to be a heated contest. While the solutions of smart lighting permit optimization of energy, the control system allows consumers to manage the levels of luminance for lighting compliant with the intensity of daylight, atmosphere, infrastructure, and others factors such as physical presence as well as occupancy. The report provides 360° analysis of Keyword from the view of manufacturers, regions, product types and end industries. The research report analyzes the historical data along with the current performance of the global smart lighting and control systems market and estimates the future trends and growth opportunities on the basis of this detailed study.

Global Smart Lighting and Control Systems Market: Growth Factors

The global smart lighting and control systems market has been seeing an extraordinary increment in the last few years owing to the rising stress of lowering the usage of electricity. The requirement to make a sustainable atmosphere by lowering the emissions of greenhouse gas is also anticipated to spur the requirement for these controls and solutions in return powering the global smart lighting and control systems market. Due to these factors, smart lighting and control systems are being used in commercial, industrial, and residential sectors this boosting the global smart lighting and control systems market. In addition to this, the rising infiltration of IoT (Internet of Things) and its incorporation with handsets is also anticipated to bolster the growth of the global smart lighting solutions and control systems market. The market is also planned to get a noteworthy effect from the developing government proposals to lower usual resource usage, there offering momentum to the global smart lighting solutions and control systems market.

Global Smart Lighting and Control Systems Market: Segmentation

Based on the lighting source, the global smart lighting and control systems market includes fluorescent lamps, high-intensity discharge lamps, LED (light emitting diodes), and compact fluorescent lamps. LED adds up to a noteworthy piece of pie in the overall smart lighting and control systems market due to the fact that it is employed all over different lighting applications. This can be credited to its functions such as high energy savings and low carbon emission.

On the basis of end use, the global smart lighting and control systems market comprises residential, commercial, industrial, and outdoor lighting. Smart lighting and control systems are expected to the discovered huge application in residential and outdoor lighting and these sectors are expected to show a sturdy development rate over the coming period. The progressively increasing requirement for smart lighting in home automation and street lights is expected to help the expansion of these sectors as well as global smart lighting and control systems market.

Global Smart Lighting and Control Systems Market: Regional Analysis

Geographically, the global smart lighting and control systems market is divided into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. Out of these regions, North America is anticipated to display supremacy in the overall smart lighting and control systems market. The region’s supremacy will be owing to increasing effort to control the dangerous effect of electricity consumption on the environment and the high acceptance of the technology.

Global Smart Lighting and Control Systems Market: Competitive Players

Key companies working in the global smart lighting and control systems market are Koninklijke Philips N.V., General Electric Company, Lightwave PLC, Eaton Corporation, LiFI Labs, Inc., Elgato Systems, Honeywell International, Inc., Belkin International, Inc., Lutron Electronics Company, Inc., and Acuity Brands Lighting, Inc.,

Global Smart Lighting and Control Systems Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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