openPR Logo
Press release

Easy Installation and Control Drives Global Smart Light Fixture and Control Market

04-30-2018 12:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Variant Market Research

Variant Market Research

Variant Market Research

According to the latest report published by Variant Market Research, the global smart light fixture and control market size is projected to reach $126.6 billion by 2024, from $31.7 billion in 2016. In this report, smart light fixture and control market forecast says that the global market is growing at 18.9% CAGR from 2016 to 2024.

Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/consumer-electronics/smart-light-fixture-and-control-market/sample-request

Low price of sensors to fuel the global market
The global smart light fixture and control market trend comprises easy installation and control, high demand in commercial & residential spaces, as well as low price of sensors. However, Huge installation cost might limit the smart light fixture and control market growth. Additionally, increase in government initiatives about low energy consumption across the globe would offer an opportunity for players of market.
Market Segmentations
The global smart light fixture and control market has been divided into lighting type, technology, application, and geography. Lighting type contains LED, HID lamps, CFL, plasma lamps, and fluorescent lights. Fixture, and control are included in the technology sub segment. Application segment is further sub segmented into residential, commercial, and other applications. North America (U.S., Mexico, and Canada), Europe (France, Italy, Germany, UK, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions included in this market.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/consumer-electronics/smart-light-fixture-and-control-market/toc
LED, by lighting type, dominated the global market in 2016
In 2016, LED in the lighting type dominated the global market with maximum market share and expected to continue its dominance over the forecast period, 2016– 2024. The growth of this segment is driven by its numerous properties such as energy efficient, environment friendly, long lifetime, as well as controllable.
Fixture of technology segment, accounted for the largest share of the global market in 2016
In the technology segment, fixture held the major market share in 2016, and likely to be predominant during the forecast period 2016– 2024. Their widespread usage in commercial and residential areas is the driving factor for the growth of this segment.
Commercial, by application held maximum share in the global market in 2016
Commercial accounted major market share in 2016 and anticipated to likely to continue the trend over the forecast period, 2016 – 2024, owing to extensive usage of lights in offices due to 24/7 working shifts & usefulness of lighting control systems which uses factors like occupancy, available daylight, and lights turning on or off according to time
Asia-Pacific dominated the global market in 2016
Asia-Pacific held major market share in 2016 and anticipated to be the leading region over the forecast period, 2016– 2024, due to the rapidly occurring infrastructural expansion in the region.
To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/consumer-electronics/smart-light-fixture-and-control-market
Competitive Landscape
Key players are offering innovative products and services to increase their smart light fixture and control market share. Major players of the market are OSRAM Licht AG, Cooper Industries, Inc., Acuity Brands Lighting, Inc., General Electric Company, Honeywell International, Philips Lighting, Digital Lumens, Inc., StreetLight Vision, Schneider Electric SE, and Legrand S.A., among others.

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visithttps://www.variantmarketresearch.com
You can connect with us on LinkedIn here @https://www.linkedin.com/company/variant-market-research

Contact Us

John Dave,
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: john.dave@variantmarketresearch.com
Email: help@variantmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Easy Installation and Control Drives Global Smart Light Fixture and Control Market here

News-ID: 1034566 • Views: 274

More Releases from Variant Market Research

Global SCADA Market is Expected to Reach $48 Billion by 2024, Says Variant Marke …
Global SCADA Market Report, published by Variant Market Research, forecast that the global market is expected to reach $48 billion by 2024 from $31 billion in 2016; growing at a CAGR of 5.7% from 2016 to 2024. By geography, Rest of the World (RoW) and Asia Pacific are expected to grow at a CAGR of 6.6% and 6.4%, respectively, during the forecast period. "SCADA Market (By Component: Programmable Logic Control, Human
Global Baby Diapers Industry Outlook: Growth in Per Capita Income to Drive the M …
SAN FRANCISCO, Jun 06, 2018 According to the latest report published by Variant Market Research, the global baby diapers market size is projected to reach $72 Billion by 2024 from $48 Billion in 2016. In this report, baby diapers market forecast says that the global market is growing at 5.1% CAGR from 2016 to 2024.Geographically; Asia Pacific and RoW are expected to grow at a CAGR of 6.8% and 5.8%,
High adoption in End-User Industries Drives Global Corrugated Packaging Market
SAN FRANCISCO, Jun 06, 2018 According to the latest report published by Variant Market Research, the global corrugated packaging market size is projected to reach $218 million by 2024 from $158 million in 2016. In this report, corrugated packaging market forecast says that the global market is growing at 4.1% CAGR from 2016 to 2024. Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/consumer-goods/corrugated-packaging-market/sample-request
Cold Pain Therapy Market is boosted due to increased sports activities
According to a new report published by Variant Market Research, the global cold pain therapy market size is forecasted to reach $1,185 Million by 2024 from $824 Million in 2016, growing at a CAGR of 4.6% from 2016 to 2024. Geographically, Asia-Pacific and Europe are expected to grow at a CAGR of 6.3% and 4.4%, respectively, during the forecast period says the report. Click Here to Request a Free Sample PDF

All 5 Releases


More Releases for Lighting

Residential Lighting Market Top Players || EVERLIGHT; Hinkley Lighting; IKIO LED …
Residential Lighting Market research report comprises of several parameters which are thoroughly studied by the experts. To generate the best market analysis report, a range of objectives of the marketing research are required to be kept in mind. With this industry report it becomes simpler for customers to understand the various drivers and restraints impacting the market during the forecast period. Residential Lighting Market report helps to provide such market
Ambient Lighting Market
Asia Pacific ambient lighting market is expected to grow at a significant rate, owing to increasing standard of living. Introduction of legislations regarding energy efficiency is favoring the industry growth. With the rising number of private museums in China, the need for highlighting the museums attractions, creating a perfect ambience for the audience and providing the correct reading environment is increasing. The growing importance of these illumination systems in the
Global Energy Efficient Lighting market 2017 Top players-Philips Lighting, OSRAM …
The market report on the Energy Efficient Lighting Market 2017 is a skillful and in-depth research report and it consist of all the major branches of the market. The market size of the Energy Efficient Lighting market is estimated in terms of value. In this report all the important aspects are included considering the Energy Efficient Lighting market so that the user can understand the market completely. Download Free Request Sample@
LED Lighting Dominates Public Street Lighting Strategy
Street lighting is central to an urban centre’s infrastructure. The City of Ryde in NSW is currently undertaking LED retrofit projects with smart control LED technology. The technology is proving to be superior to older lighting technologies in reducing energy consumption and improving lighting management. Moving away from outdated technologies towards smart-controlled LED lighting yields a whole host of benefits from helping cities to save on lighting expenditure, improving lighting
Explosion Proof Lighting Market 2017 - GE Lighting, Hatch Transformers, Osram Sy …
The Global Explosion Proof Lighting Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Explosion Proof Lighting industry. First, "Global Explosion Proof Lighting Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Explosion Proof Lighting industry chain structure. Major Companies Covered in this report:- GE Lighting Hatch Transformers Osram Sylvania Philips Lighting
Global LED Downlights Market 2017 - OSRAM, Philips Lighting, GE Lighting, LUG, O …
Global LED Downlights Market 2017, presents a professional and in-depth study on the current state of the LED Downlights market globally, providing basic overview of LED Downlights market including definitions, classifications, applications and industry chain structure, LED Downlights Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. LED Downlights market size, share and end users are analyzed as well as segment markets