openPR Logo
Press release

Global Smart Lighting Market is Expected to Grow at a CAGR of 17.1% Forecast to 2025

10-23-2018 08:04 AM CET | Energy & Environment

Press release from: The Insight Partners

Global Smart Lighting Market

Global Smart Lighting Market

The global Smart Lighting market is expected to grow at a CAGR of 17.1% during the forecast period 2016 to 2025 and accounts for US$ 51.05 Bn in the year 2025. The smart lighting is a technology that enables its users to govern the lighting of any space without being surrounded by unnecessary wires. Smart lighting is a part of upcoming IoT technology, facilitating mobile and sensor based control on the luminosity of lights in a particular space. The intelligent connected lighting offers ecofriendly environment and effectively reduces the consumption of energy.

The global smart lighting market is fragmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes).

Get Sample PDF@ http://bit.ly/2J5MFlY

Leading Players In Global Market:
- Koninklijke Philips N.V.
- Eaton Corporation PLC.
- Honeywell International Inc.
- Acuity Brands Lighting, Inc.
- Lutron Electronics Company Inc.
- Digital Lumens, Inc.
- Legrand SA
- General Electric Company
- Osram Licht AG
- Streetlight. Vision

Furthermore the segmentation is based upon application of smart lighting viz. Industrial lighting, Commercial lighting, Residential lighting, Outdoor lighting, Automotive lighting and Government. According to the geographic regions, the market is segmented into Europe, Middle East & Africa (MEA), Asia Pacific (APAC), North America and South America (SAM). With many developing countries in the region of Middle East and Africa, it is expected to have the highest CAGR of 24.4% during the forecast period.

The shortcoming of a wireless system are occasional disturbance in communications among the devices. When a wireless lighting system is installed in a place, one should always make sure that the keypads, processors and dimmers are within a specific range. For example, some old residential buildings may be constructed with metal wire integrated in the walls that might create disturbance or weaken the signals of a wireless system. Though it has certain drawbacks, it is expected to capture more than half of the lighting market in next few years.

Ask For Discount@ http://bit.ly/2J53GfU

Thus, maximum companies are switching their product portfolio to wireless smart lighting solutions. Major players in this segment are Philips, GE, OSRAM and Daintree. Now a day’s wireless connectivity is taking a leap over the wire abled connecting networks as wireless is more convenient to use. First this technology was used in the telephones now called as the mobile phones and since then the wireless technology has revolutionized the way things were viewed. Wireless technology has given its consumers freedom from the limited range of the wired devices. The wireless technology has become an integral part of day to day lifestyle. Wireless technologies like Bluetooth, Wi-Fi, and RF Ids are experiencing high adoption rate among users. The rising popularity of wireless technology in lighting solution is thus considered to be one of the major reasons driving the smart lighting market. The wireless lighting solutions are easy to control and help its customers to attain maximum energy saving.

The lighting hardware is highly integrated and dependent on the software platform being used. As there is no common standard for wireless smart lighting products, the complete idea of various smart lighting devices networked together and the entire process of networking becomes complicated. For example, Philips employs ZigBee Light Link, GreenWave uses NXP JenNet-IP and Insteon uses its own wireless technology and all these are incompatible with each other. This incompatibility would result in inconvenience for the user as the choice of products and services will get limited by the platform being used, or else the entire operation of smart lighting would get complicated.

Buy This Report@ http://bit.ly/2J3YGIK

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.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 Global Smart Lighting Market is Expected to Grow at a CAGR of 17.1% Forecast to 2025 here

News-ID: 1320330 • Views: 140

More Releases from The Insight Partners

Latest Innovative Report on Cardiac Monitoring and Cardiac Rhythm Management Dev …
The cardiac monitoring and cardiac rhythm management devices market is anticipated to grow with a significant rate in the coming years, owing to factors such as, increasing incidence of cardiac disorders, certain genetic errors and growing awareness programs. However, increasing technological advancements and growing aging population is anticipated to offer more growth opportunities for the players operating in the cardiac monitoring and cardiac rhythm management devices market. Get Sample PDF of
Manufacturing Operation Management Software Market Analysis Growth Overview and …
The global Manufacturing Operations Management Software Market 2027 by The Insight Partners introduces you to the minute details of the Manufacturing Operations Management Software industry shedding light on the ongoing market trends. The report is aimed at providing a comprehensive view of the global Manufacturing Operations Management Software market with detailed segmentation by product/application and geography. The global Manufacturing Operations Management Software market is likely to witness robust growth during
Credit Insurance Market Expanding Massively by 2019-2025 Profiling Leading Playe …
The global Credit Insurance Market 2027 by The Insight Partners introduces you to the minute details of the Credit Insurance industry shedding light on the ongoing market trends. The report is aimed at providing a comprehensive view of the global Credit Insurance market with detailed segmentation by product/application and geography. The global Credit Insurance market is likely to witness robust growth during the forecast period. The global credit insurance market
New Report Study on Food Flavors Market Future Scenario, Growth rate, Market Seg …
The Food Flavors Market report give a 360-degree holistic view of the market and highlights the key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. In addition, the report also provides profiles of major companies along with detailed SWOT analysis, financial facts and key developments of products/service from the past three years. Top Key Players:-

All 5 Releases


More Releases for Light

THE LIGHT & THE DARKNESS
A new series of seascape and landscape oil paintings in Paul’s signature style, inspired by the wilds of Western Scotland and Skye. The work for these shows is based on the drama of play between light and darkness, heavily influenced by trips to Western Scotland and the Isle of Skye. The working process for this new series has been as destructive and creative as the landscapes seen in situ, but as
LED Light: 2017 Global LED Light Bulb Market Outlook
Orbis Research delivers key insights on the Global LED Light Bulb Market in a new report titled “Global LED Light Bulb Market Research Report 2017-2022 by Players, Regions, Product Types and Applications.” In this report, Orbis Research sheds light on the various factors and trends impacting market growth over the forecast period (2017 – 2022). Description The Global LED Light Bulb Market report offers a comprehensive evaluation of the Global LED
Light quality in offices
The Light: Global study gets underway with online user survey Light has a fundamental impact on our sense of well-being and performance. In cooperation with Zumtobel, a supplier of lighting solutions, Fraunhofer IAO has launched a global user survey of lighting quality in offices. The objective is to identify the best lighting conditions for a variety of spaces and lighting situations. As we move through the darker winter months, many people become
10-26-2012 | Sports
Omron Healthcare
Light Improves Athletic Performance
A variety of factors influence athletic performance: Physical fitness and stamina, as well as the manner of nutrition, probably have the most impact. But a new study found another aspect, which had remained widely unconsidered: light. According to the study, the right lighting not only supports a higher capacity of concentration, but also positively influences stamina and performance in sports. Depending on the athlete’s body clock and the time of
Cooking Light Done Right
Seattle, WA August 5th, 2011 – DigiGlyph released a new series of cookbooks title Cooking Light Done Right authored by Kristi Rimkus, a healthy cooking blogger who is certified in nutrition and wellness by The American College of Healthcare Science. Each great tasting, healthy recipe comes with easy to follow instructions that include the nutritional value of each meal. The cookbooks are available as an eBook on Kindle & Nook
M-TUBE Flex: LED light system with flexible light guide
The M-TUBE is an LED light system designed as a construction set: The flexible light guide can be combined with LEDs in different colors and intensities. In this way it is possible to realize soft ambience illumination as well as illumination and lighting with strong brightness. The light is fed into the light guide from the sides. Inside the light guide it is evenly emitted along the imprinted white reflector line.