11-01-2018 05:29 PM CET - Advertising, Media Consulting, Marketing Research
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Smart Lighting Market is Expected to Reach $22.98 Billion by 2025 With Growing CAGR +23.5% | Research Analysis, Growth Analysis, Competitors Analysis with Top Players like Eaton, Honeywell, Syska LED, Acuity Brands, OSRAM, Hubbell Incorporated, Legrand

Press release from: Data Bridge Market Research



Global Smart Lighting Market Research Report is a professional and in-depth study on the current state of the Global Smart Lighting Industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Smart Lighting analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

The Global Smart Lighting Market is expected to reach USD 22.98 Billion by 2025, from USD 8.25 Billion in 2017, growing at a CAGR of 23.5% during the forecast period of 2018 to 2025.

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Global Smart Lighting Market, By Offering (Hardware, Software, Services), By Communication Technology (Wired Technology, Wireless Technology), By Application Type (Indoor Application, Outdoor Application, Architectural, Public Places), By Installation Type (New Installation, Retrofit Installation), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa)– Industry Trends and Forecast to 2025

Complete report on Global Smart Lighting Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures

Top Key Players:

• Philips Lighting Holding B.V.
• Acuity Brands Lighting, Inc.
• OSRAM GmbH. Cree, Inc.
• GENERAL ELECTRIC
• Eaton.
• Honeywell International Inc.
• Legrand.
• Hubbell.
• Zumtobel Group AG
• Häfele, Lutron Electronics Co. Inc
• Wipro Consumer Care & Lighting.
• Streetlight.Vision.
• Virtual Extension.
• Leviton Manufacturing Co., Inc.
• Switchmate Home LLC
• Gooee
• SYSKA LED
• ISOTERA LTD.
• Lifi Labs, Inc.
• Ketra,Inc.
• TAOlight
• Nualight Limited
• among others.

Points Involved in Smart Lighting Market Report:

• Smart Lighting Study Coverage
• Executive Summary
• Market Size by Application
• Manufacturers Profiles
• Production Forecasts
• Consumption Forecast
• Market Size by Manufacturers
• Production by Regions
• Consumption by Regions
• Market Size by Type
• Value Chain and Sales Channels Analysis
• Smart Lighting Market Opportunities & Challenges, Risks and Influences Factors Analysis
• Key Findings

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Market Definition: Global Smart Lighting Market

This market report defines the market trends and forecast the upcoming opportunities and threats of the smart lighting market in the next 8 years. Smart lighting is a technology which can be controlled from an app, usually on Apple or Android phone. The app allows individual to change the brightness of the bulbs, and if have coloured LEDs it can also change their colours .It is a technology basically designed for energy efficiency. This embrace high efficiency fixtures and automated controls which make adjustments like occupancy or daylight availability depending on weather conditions. Smart lighting includes many technologies under certain conditions, indoor and outdoor lights will work mechanically. There are various applications of smart lighting networks but main feature of smart lights is that, it is capable of instantly switching on the light when someone enters a room and change colour when something occurs. Various developments have taken place in this, for instance SRAM Licht AG launched SIMPLUX in December 2017, which is a LED based smart control system basically designed for small and medium sized spaces in organization to have control and automation capabilities on electronic devices.

Major Market Drivers and Restraints:

• Increasing demand for energy-efficient lighting systems

• Decreasing cost of LED light

• Rising demand for intelligent solutions for street lighting systems

• Security issues in smart lighting systems

• Higher installation cost and inadequate awareness about payback periods

Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sopan.gedam@databridgemarketresearch.com), who will ensure that you get a report that suits your needs.

Competitive Landscape: Global Smart Lighting Market

The global smart lighting market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart lighting market for global, Europe, North America, Asia pacific and South America.

Key Reasons to Purchase:

• To gain insightful analyses of the market and have comprehensive understanding of the Global Smart Lighting Market and its commercial landscape.

• Assess the Smart Lighting production processes, major issues, and solutions to mitigate the development risk.

• To understand the most affecting driving and restraining forces in the Smart Lighting Market and its impact in the Global market.

• Learn about the market strategies that are being adopted by leading respective organizations.

• To understand the future outlook and prospects for Global Smart Lighting Market.

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Customize report of "Global Smart Lighting Market" as per customers requirement also available.

Market Segmentations:

Global Smart Lighting Market is segmented on the basis of
• Offering
• Communication Technology
• Application Type
• Installation Type
• Geography

Market Segmentations in Details:

On the basis of Offering, the global smart lighting market is classified into hardware, software and services.

On the basis of Communication Technology, the global smart lighting market is segmented into wired technology and wireless technology.

On the basis of Application Type, the global smart lighting market is classified into indoor application, outdoor application, architectural and public places.

On the basis of Installation Type, the global smart lighting market is segmented into new installation and retrofit installation.

On the basis of Geography,
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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