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Lighting Management System Market, 2017-2023: Key Players Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Leviton Manufacturing, and Legrand Nort

11-19-2018 07:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Lighting Management System

Lighting Management System

A lighting management system is used to control the lighting installed in a premise to save electricity and manage the energy usage efficiently. The system comprises sensors attached in a loop, which help in manual and remote management of lighting luminescence. These systems are used to control the luminous emittance per square foot area. The lighting management system market is expected to surge in the coming years owing to

The global lighting management system market is driven by emergence of Internet of Things (IOT) and its application in energy management solutions, increase in demand for smart lighting applications, growth in awareness for energy efficiency and savings, and rise in penetration of energy management solutions, especially at the workplace. However, lack of technical handling knowledge, and high initial investment and maintenance cost restrict the market growth. These systems have high market penetration in North America and are establishing their footprints in Asia-Pacific and Europe as well.

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The global lighting management system market is segmented based on component, application, and geography. On the basis of component, tit is divided into daylight sensors, occupancy sensors, programmable ballasts, user interfaces, and others. The applications covered in the study include residential, commercial, and industrial applications. Geographically, the market is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
The key players operating in the market are Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Leviton Manufacturing, and Legrand North America, LLC.

Key Benefits:

•The study provides an in-depth analysis of the global lighting management systems market to elucidate the imminent investment pockets.
•The report provides information about the key drivers, restraints, and opportunities with a detailed impact analysis.
•Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to showcase the financial competency of the market.
•Porters Five Forces model analysis of the industry illustrates the potency of the buyers & suppliers participating in the market.

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Lighting Management System Market Key Segmentation:

By Component

•Daylight Sensors
•Occupancy Sensors
•Programmable Ballasts
•User Interfaces
•Others

By Application

•Residential
•Commercial
•Industrial

By Geography

•North America
oU.S.
oMexico
oCanada
•Asia-Pacific
oJapan
oChina
oAustralia
oIndia
oSouth Korea
oTaiwan
oRest of Asia-Pacific
•Europe
oGermany
oFrance
oUK
oItaly
oSpain
oRest of Europe
•LAMEA
oBrazil
oTurkey
oSaudi Arabia
oSouth Africa
oRest of LAMEA

Key Players

•Schneider Electric
•General Electric Corporation
•OSRAM Licht AG
•Siemens AG
•LG Electronics
•Legrand
•Koninklijke Philips N.V.
•Lutron Electronics Co. Inc.
•Leviton Manufacturing
•Legrand North America, LLC

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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