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Smart Lighting Market by Top Key Players - Acuity Brands, Legrand, Encelium Technologies Inc, Streetlight Vision, Philips, Lutron Electronics

12-11-2018 02:37 PM CET | IT, New Media & Software

Press release from: Big Market Research

Smart Lighting

Smart Lighting

The Smart Lighting Market was worth USD 2.79 billion in 2014 and is expected to reach approximately USD 24.50 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 27.31% during the forecast period. The smart lighting market is driven by expanding demand for vitality effective lighting systems fundamentally focused at diminishing energy usage in business and industrial structures.

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Component Outlook and Trend Analysis:
On the basis of components the market is segmented into dimmer actuators, controllable breakers, sensors, relays, switch actuators, and others. On the basis of revenue, controllable breakers held dominant share of the keen lighting market in 2014 and is foreseen to proceed with its driving position all through the conjecture time frame. Interest for smart controllable breakers with cutting edge programmable highlights have ascribed to expanding substitution of customary breakers, driving the development of the section.

Market Segment by Key Players, this report covers: Acuity Brands, Legrand, Encelium Technologies Inc, Streetlight Vision, Philips, Honeywell Automation India Ltd, Zumtobel Group, Lutron Electronics Company, Digital Lumens and Osram.

Lighting Type Outlook ad Trend Analysis:
On the basis of lighting type the market is segmented into compact fluorescent lamps, LED lamps, fluorescent lamps, high power release lights and others. LED lamp fragment have the most elevated development potential amid the estimate time frame ascribed to the capacity of generously lessening energy consumption in end use applications, for example, industrial and commercial structures.

Application Outlook and Trend Analysis:
On the basis of application, the market has been portioned into residential, commercial and industrial, outdoor lighting, public and government buildings, and others. Commercial and industrial is the significant application sections of the smart lighting market took after by open and government structures, outdoor lightings, and residential structures.

The Smart Lighting Market is segmented as follows-

By Component:
• Controllable Breakers
• Sensors
• Dimmer Actuators
• Relays
• Switch Actuators
• Others

By Lighting Type:
• Compact Fluorescent Lamp
• High Intensity Discharge Lamp
• LED Lamps
• Fluorescent Lamp
• Others

By Application:
• Outdoor Lighting
• Commercial & Industrial
• Public & Government Buildings
• Residential
• Others

By Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

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Table of Content
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Expanding demand for vitality effective lighting systems
3.2.1.2. Progressions of sensors and connecting technologies in the field of Smart Lighting
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities
4. Smart Lighting Market, By Component
4.1. Introduction
4.2. Global Smart Lighting Sales, Revenue and Market Share By Component (2014-2017)
4.2.1. Global Smart Lighting Sales and Sales Share By Component (2014-2017)
4.2.2. Global Smart Lighting Revenue and Revenue Share By Component (2014-2017)
4.3. Smart Lighting Market Assessment and Forecast, By Component, 2014-2023
4.4. Controllable Breakers
4.4.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
4.5. Sensors
4.5.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
4.6. Dimmer Actuators
4.6.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
4.7. Relays
4.7.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
4.8. Switch Actuators
4.8.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)
4.9. Others
4.9.1. Market Assessment and Forecast, By Region, 2014-2023($Billion)

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