18.3% Growing Opportunity by 2026 in the Intelligent Lighting Controls Market: Global Key Vendors - Legrand Group, Digital Lumens, Acuity Brands, Zumtobel Group AG, Lutron Electronics Co, General Electric Company (GE)

Market Overview:
Global Intelligent Lighting Controls Market is expected to grow at a CAGR of 18.3% during the forecast period. Factors such as increase in the demand of intelligent lighting control in the commercial buildings and rising awareness of energy management are fueling the market growth. However, lack of knowledge about the installation cost of whole intelligent lighting control system is hindering the growth of the market.

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Intelligent Lighting control system is an automated technology & network based on electronic system with a capability to manage the quality of lighting as per the user requirement. It consists of several lighting fixtures connected in a network to control lighting. In addition, it consists of distinct sensors, communication system input and output devices, central processing unit. It improves energy effectiveness and performance. These systems have several applications across various end users, which include aircrafts, automobiles, home appliances and many other systems.

Top Industry Players:
Some of the key players profiled in the Intelligent Lighting Controls Market include Legrand Group, Digital Lumens, Inc., Acuity Brands, Inc., Zumtobel Group AG, Lutron Electronics Co, Inc, General Electric Company (GE), Schneider Electric SE, Koninklijke Philips N.V., Honeywell International Inc., OSRAM Licht AG, Cree Inc., Eaton Corporation Plc, Hubbell Incorporated, Enlighted Inc., Leviton Manufacturing Co. Inc., Control4 Corporation, LSI Industries Inc., and Belkin International.

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Amongst connectivity type, wireless segment dominates the market during the forecast period due to value added features, flexibility and better scalability. By Light Source, Light Emitting Diode (LED) has a remarkable impact on energy savings in the developed regions. In addition, it is also used for numerous non-conventional lighting purposes as in automobile lighting permits them for usage in aesthetic and architectural lighting purposes.
By Geography, Asia Pacific is anticipated to dominate the maximum market share during the forecast period owing to the low price of customer equipment in this region. Moreover, the increasing trend of smart homes in this region is also sustaining the growth of the market.
Market Segments:
Connectivity Types Covered:
• Wireless
• Wired
Light Sources Covered:
• Light Emitting Diode (LED)
• High Intensity Discharge (HID) Lamps
• Fluorescent Lamp (FL)
Component Types Covered:
• Microcontrollers
• Transmitters & Receivers
• Sensors
• Intelligent Luminaries
• Ballasts & LED drivers
• Dimmers & Switch Actuators
End Users Covered:
• Residential buildings
• Public utilities
• Commercial buildings
• Industrial
• Outdoor
• Automotive

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This release was published on openPR.