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The Lighting Controllers Market To Move Towards Digital Health
Published by Persistence MarketResearch
Posted on October 7, 2021
3 min readLast updated: January 30, 2026
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Published by Persistence MarketResearch
Posted on October 7, 2021
3 min readLast updated: January 30, 2026
The global lighting controllers market is set to grow, driven by smart city projects, with a forecast valuation of $17,400 Mn by 2025.
Persistence Market Research presents a new report titled ‘Lighting Controllers Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’ that studies the performance of the global lighting controllers market over an eight year assessment period from 2017 to 2025. The report presents the value forecast of the global lighting controllers market and provides important insights into the factors driving market growth as well as the factors restricting market growth. As per the assessment of Persistence Market Research, the global lighting controllers market was estimated to be valued at nearly US$ 4,800 Mn in 2017 and is anticipated to touch a valuation of nearly US$ 17,400 Mn in 2025 and in the process exhibit a CAGR of 17.6% during the period of forecast 2017-2025.
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Lighting Controllers Market
Government Spending on Smart City Projects in the APAC Region Boosting Revenue Growth of the Lighting Controllers Market
The governments in emerging economies such as China and India are focusing on developing smart cities by changing the existing infrastructure, such as old incandescent bulbs and outdated communication systems, and are installing new technologies such as embedded and connected lighting fixtures to impart better living standards to the people. Also, government spending on smart city management services such as road monitoring applications, environment, light sensing, and advanced energy saving is the primary factor which is fueling the growth of the lighting controllers market. For example, in April 2017, the Indian government announced plans to invest in the smart cities initiative. The Indian government has already allocated over US$ 2.3 Bn to this project in the last two budgets.
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Global Lighting Controllers Market: Segmentation and Forecast
The global lighting controllers market is segmented on the basis of technology, application and region.
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The post The Lighting Controllers Market To Move Towards Digital Health appeared first on Lake Shore Gazette.
The article discusses the growth and forecast of the global lighting controllers market, highlighting key drivers and segments.
Smart city projects, especially in APAC, are boosting market growth by upgrading infrastructure with advanced lighting technologies.
The market is projected to grow at a CAGR of 17.6%, reaching a valuation of $17,400 Mn by 2025.
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