The Intelligent Lighting Controls Market is projected to grow significantly, reaching $26.06 billion by 2027, driven by advancements in wireless technology and smart city applications.
Allied Market Research published a new report, titled, “Intelligent Lighting Controls Market by Type (Sensors, Ballasts & LED Drivers, Microcontrollers, Dimmers & Switch Actuators, Transmitters & Receivers, and Others), Connectivity Type (Wired and Wireless),and Application (Smart Cities, Automotive, Manufacturing, Media & Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”
The latest survey on global intelligent lighting controls market is conducted covering various organizations of the industry from different geographies to come up with 250+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in intelligent lighting controls market. The report bridges the historical data from 2014 to 2021 and forecasted till 2028, product outline, the organization’s required raw materials, and others growth factors.
“The global intelligent lighting controls market was valued at $7.49 billion in 2019, and is projected to reach $26.06 billion by 2027, registering a CAGR of 17.4% from 2020 to 2027.”
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Competitive Analysis:
Leading market players analyzed in the report are Acuity Brands, Cisco, Cree, Inc., Eaton, GE Lighting, Honeywell, OSRAM, Panasonic Corporation, Philips, and Siemens.. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the intelligent lighting controls industry.
Key Benefits For Stakeholders From This Research Report
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Covid-19 Scenario:
The market has been adversely affected by the pandemic, globally. Following the government’s and WHO’s guidelines to maintain the social distance, the companies has put production activities on a halt, which has impacted the employment rate directly and demand ultimately.
Intelligent lighting controls Market Segmentation:
By Type
o Sensors
o Ballasts & LED Drivers
o Microcontrollers
o Dimmers & Switch Actuators
o Transmitters & Receivers
o Others
2. By Connectivity Type
o Wired
o Wireless
3. By Application
o Smart Cities
o Automotive
o Manufacturing
o Media & Entertainment
o Others
Based on connectivity type, the wired segment accounted for the highest market share with nearly three-fourths of the total share in 2019, and is expected to maintain its leadership status during the forecast period. However, the wireless segment is estimated to grow at the fastest CAGR of 18.9% from 2020 to 2027.
Segregating the large problem into smaller parts makes it easy to solve even the complex problems. The related graphs and data tables have made the analysis much impactful and easily understandable. The interested parties can surely rip the benefits of the report on the intelligent lighting controls market.
The research offers a detailed segmentation. Key segments analyzed in the research by Product, by Type, by End User and geography. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables.
The research offers an extensive analysis of key players active in the global intelligent lighting controls industry. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.
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Intelligent lighting controls Regional Analysis:
The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.
Highlights of the Report:
Key Questions Answered In The Report:
Q1. At what CAGR, the Global intelligent lighting controls market will expand from 2021 – 2028?
Q2. What will be the revenue of Global industry by the end of 2028?
Q3. How can I get sample report of intelligent lighting controls market?
Q4. Which are the factors that drives global industry Growth?
Q5. Who are the leading players in intelligent lighting controls market?
Q6. How can I get company profiles of top ten players of Global Market?
Q7. What are the segments of intelligent lighting controls market?
Q8. What are the key growth strategies of intelligent lighting controls Players?
Q9. By Application, which segment is expected to exhibit the highest CAGR during 2021 – 2028?
Q10. By Region, which segment holds a dominant position in 2020 and would maintain the lead over the forecast period?
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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The main topic is the growth and trends in the Intelligent Lighting Controls Market from 2020 to 2027.
Key segments include type, connectivity type, and application, such as sensors and smart cities.
Leading players include Acuity Brands, Cisco, Cree, Inc., and Philips.
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