Press release
Smart Lighting Market Business Growth Statistics and Key Players Insights: Acuity Brands, Legrand, Encelium Technologies Inc, Streetlight Vision, Philips
Smart Lighting Market
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.
Competitive Insights
The leading players in the market are Acuity Brands, Legrand, Encelium Technologies Inc, Streetlight Vision, Philips, Honeywell Automation India Ltd, Zumtobel Group, Lutron Electronics Company, Digital Lumens and Osram. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Industry Outlook and Trend Analysis:
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. Additionally, progressions of sensors and connecting technologies in the field of smart lighting are further boosting the market development. Moreover, expanding penetration of energy proficient lighting, for example, LED lights is further boosting the development of worldwide keen lighting market amid the conjecture time frame. Smart lighting systems installed with different sensors and remote technology can considerably decrease energy usage contrasted with conventional lighting systems. A standout amongst the most unmistakable uses of smart lighting incorporates industrial and commercial structures.
TOP MOST PLAYERS:
Acuity Brands
Legrand
Encelium Technologies Inc
Streetlight Vision
Philips
Honeywell Automation India Ltd
Zumtobel Group
Lutron Electronics Company
Digital Lumens
Osram
Market Classification
Smart Lighting Market, By Component
Controllable Breakers
Sensors
Dimmer Actuators
Relays
Switch Actuators
Others
Smart Lighting Market, By Lighting Type
Compact Fluorescent Lamp
High Intensity Discharge Lamp
LED Lamps
Fluorescent Lamp
Others
Smart Lighting Market, By Application
Outdoor Lighting
Commercial & Industrial
Public & Government Buildings
Residential
Others
Smart Lighting Market, By Region
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others)
Regional Outlook ad Trend Analysis
Europe held the biggest share of the brilliant lighting market in 2015, while the market in North America is foreseen to be the second-biggest in the following years. Europe has a populace, a large portion of whom has an exclusive requirement of living. The general population in this area have the required money invest in smart homes, which are fitted with a few and inventive smart lighting systems. The high development of the market in APAC can be ascribed to the progressing modernization projects in the creating economies, for example, China and India, where the legislatures have affirmed the development of a few brilliant urban areas.
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Table of Contents:-
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
…
9 Company Profiles
1 Acuity Brands
Business Overview
Product Portfolio
Strategic Developments
Smart Lighting Sales, Revenue and Market Share
2 Legrand
Business Overview
Product Portfolio
Strategic Developments
Smart Lighting Sales, Revenue and Market Share
3 Encelium Technologies Inc
Business Overview
Product Portfolio
Strategic Developments
Smart Lighting Sales, Revenue and Market Share
4 Streetlight Vision
Business Overview
Product Portfolio
Strategic Developments
Smart Lighting Sales, Revenue and Market Share
5 Philips
Business Overview
Product Portfolio
Strategic Developments
Smart Lighting Sales, Revenue and Market Share
…
FEATURES OF THE REPORT:
1. The analysis of Smart Lighting market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
2. The key players in the market and their share in the global market are discussed.
3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
4. The Smart Lighting market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
Continued…
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About Crystal Market Research:-
Crystal Market Research helps various companies irrespective of big or small in growth financing, strategy to enter the market, market research, mergers and acquisitions, strategic consulting and capital investment. Our expertise and knowledge in materials, products and manufacturing industries have assisted our client base to make the appropriate equation for measurable lucrative results. Crystal Market Research’s regional and global market intelligence coverage comprises of industry segments such as chemicals and materials, pharmaceutical, food and beverages, technology and media, and consumer goods, amongst many others.
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