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Smart Lighting Market Growth Values, New Technology, Business Insight, Demand, Share Report and Top Players – Zumtobel AG, Digital Lumens, Inc., Royal Philips Electronics N.V., Honeywell International | Industry Forecast Report 2020-2025
Market Overview:Smart Lighting Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing demand for energy efficient lighting solutions couples with government initiatives to reduce energy consumption are anticipated
Published : 3 years ago, on
Market Overview:
Smart Lighting Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing demand for energy efficient lighting solutions couples with government initiatives to reduce energy consumption are anticipated to drive growth of Global Smart Lighting Market.
Smart Lighting Market is valued at USD 10.53 Billion in 2018 and expected to reach USD 33.94 Billion by 2025 with a CAGR of 18.2% over the forecast period.
Key Players:
Some major key players for Global Smart Lighting Market are Acuity Brands, Inc., Legrand S.A., Lutron Elecronics, Co., Streetlight Vision, Encelium Technologies, Inc., Zumtobel AG, Digital Lumens, Inc., Royal Philips Electronics N.V., Honeywell International, Osram Licht AG and others.
Key Benefits for Industry Participants & Stakeholders:
In-depth Analysis of the Global Smart Lighting Market
Historical, Current and Projected Market Size in terms of value and Volume
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints and Opportunities Covered in the study
Reecent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Smart Lighting Market Performance
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Market Analysis of Smart Lighting-
Smart lighting is a lighting that user can control from an app, usually on their Apple or Android phone. The app enables user to change the brightness of the bulbs, and if the bulbs have colored LEDs user can change their colours too. It allows users to control light wirelessly with their phone, tablet, or smart assistant, such as Google Assistant or Amazon Alexa. For example; Smart LED bulbs contain software that connects to an app, smart home assistant, or other smart accessory so users can automate their lights or control them remotely, eliminating the need for traditional wall switches.
Smart lighting solutions using networked technology represent an interesting opportunity for cities such as; huge reduction of energy and maintenance cost, increased public safety from improved lighting, safer traffic due to increased visibility of hazards, measurable environmental impact due to reduced energy consumption. All these advantages of smart lighting increases the demand for smart lighting solutions.
Smart lighting market report is segmented on the basis of lighting type, component, application and region & country level. Based upon lighting type, global smart lighting market is divided into led lamps, high intensity discharge lamp, fluorescent lamp and others. Based upon component, global smart lighting market is classified into relays, sensors, controllable breakers, dimmer actuators, switch actuators and others. Based on application, the smart lighting market is classified into residential, commercial & industrial, public & government constructions and others.
The regions covered in this Smart Lighting Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Smart Lighting is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Market Segmentation:-
By Lighting Type:
LED Lamps
High Intensity Discharge Lamp
Fluorescent Lamp
Others
By Component:
Relays
Sensors
Controllable Breakers
Dimmer Actuators
Switch Actuators
Others
By Application:
Residential
Commercial & Industrial
Public & Government Constructions
Others
By Regional & Country Level:
North America
U.S.
Canada
Europe
U.K.
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Table of Contents:
Report Overview: It includes major players of the global Smart Lighting market covered in the research study, research scope, and market segments by type, market segments by application, years considered for the research study, and objectives of the report.
Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the global Smart Lighting market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the global Smart Lighting market are discussed.
Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
Market Size by Application: Besides an overview of the global Smart Lighting market by application, it gives a study on the consumption in the global Smart Lighting market by application.
Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.
Company Profiles: Almost all leading players of the global Smart Lighting market are profiled in this section. The analysts have provided information about their recent developments in the global Smart Lighting market, products, revenue, production, business, and company.
Market Forecast by Production: The production and production value forecasts included in this section are for the global Smart Lighting market as well as for key regional markets.
Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the global Smart Lighting market as well as for key regional markets.
Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the global Smart Lighting market.
Key Findings: This section gives a quick look at the important findings of the research study.
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