Press release
Lighting Control Components Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
As the countries strive to produce more green energy due to increasing efficiency standards, lighting companies are implementing more and more control on lighting control components across the world. Lighting control components can range from occupancy detection to lighting controls with the aim of reducing energy consumption across various platforms. The lighting control components include light sensors, relays, passive infrared sensors, resistors, switches and more. The lighting control components make help to control the lights all together. With the help of lighting control components a bank of switches or dimmers can be replaced with single keypad providing the same function. Moreover, Lighting control components are not just limited to a single area or room, the lights of entire house can be controlled with a single button. A centralized lighting control component system incorporates communication between various system inputs and outputs with the use of central controlling device. The scenario for lighting control components has been completely transformed with the advancement in modern technologies. The changing paradigm of lighting industry to electronics industry is one of the major growth opportunities for the lighting control components market.
Get Free Exclusive Sample Copy of This Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2770
Global Lighting Control Components Market: Drivers and Challenges
Rising need for energy efficient lighting control solutions is a major factor driving the growth of the lighting control components market during the forecast period. Many governments and utilities have started deploying LED-based lighting control components with new technology to enhance efficiency and to reduce maintenance and operation costs. This implementation of lighting control components system is expected to be one of the key factors fueling the demand for lighting control components over the forecast period. Likewise, factors such as requirement for lighting control management systems, modernization and infrastructure development, and increasing adoption of Internet of Things are also expected to boost the growth of the lighting control components market. Moreover, the decline in average selling price of the LED driver and LED bulbs is also projected to contribute to the growth of the lighting control components market during the forecast period. However, the consumers have to bear the high initial costs while replacing existing solution to intelligent lighting solution, which is a major factor hampering the growth of the lighting control components market.
Global Lighting Control Components Market: Competition Landscape
Key Vendors
Examples of some of the participants in the global lighting control components market identified across the value chain include General Electric Company (GE), Lutron Electronics Co. Inc., Philips Lighting N.V., Enlighted Inc., Eaton Corporation, Schneider Electric, Legrand S.A., OSRAM Licht AG, Hubbell Incorporated, Acuity Brands Inc., and Cree, Inc.
Ask For Customized Report @ https://www.factmr.com/connectus/sample?flag=RC&rep_id=2770
Global Lighting Control Components Market: Regional Outlook
Geographically, the global lighting control components market can be segmented into North America, Latin America, Europe, CIS & Russia, Japan, APEJ, and Middle East & Africa.North America is expected to dominate the global lighting control components market in terms of value and volume as energy performance contracts have widespread in North America. The installation of lighting control components in non-residential segment is also responsible for high growth of the lighting control components market in North America. APEJ is projected to show huge potential and substantial growth in the global lighting control components market in due to rapid urbanization, growing safety standards, and rising demand for electronic products.
For more information on this report, please visit:https://www.factmr.com/report/2770/lighting-control-components-market
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Read Industrial News : http://insiderstribune.com/
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lighting Control Components Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 here
News-ID: 1532566 • Views: …
More Releases from Fact.MR
Global Data Catalog Market to Explode to $12.3 Billion by 2035, Driven by AI and …
The global Data Catalog Market is undergoing a rapid, technology-driven transformation, shifting its role from a passive metadata repository to an intelligent, active data intelligence platform. Propelled by the exponential growth in complex data and regulatory demands, the market is projected to reach an estimated US$12.32 Billion by 2035, according to leading market analysis.
This dramatic surge represents a Compound Annual Growth Rate (CAGR) of 21.9% throughout the forecast period of…
Content Delivery Network (CDN) Market to Reach USD 45.2 Billion by 2035 | Akamai …
The latest report on the Content Delivery Network (CDN) Market, forecasting robust growth propelled by surging global data traffic, the proliferation of streaming services, and the escalating demand for low-latency digital experiences. Valued at USD 18.5 billion in 2025, the global market is projected to expand at a compound annual growth rate (CAGR) of 9.4%, reaching USD 45.2 billion by 2035. This trajectory reflects the indispensable role of CDNs in…
Energy-based Aesthetic Devices Market Grow at a 10.8% CAGR by 2035 | Key Players …
latest report on the Energy-based Aesthetic Devices Market, forecasting robust growth propelled by surging demand for non-invasive dermatological treatments, technological innovations in laser, radiofrequency, ultrasound, and light-based systems, and heightened beauty awareness among consumers. Valued at USD 5,476.2 million in 2025, the global market is projected to expand at a compound annual growth rate (CAGR) of 10.8%, reaching USD 15,180.4 million by 2035. This trajectory reflects the market's pivotal role…
Global Surgical Tourniquets Market Projected to Nearly Triple, Reaching US$1.59 …
The global surgical tourniquets market is poised for significant expansion over the next decade, driven by a global surge in orthopedic surgeries, heightened demand for safer intraoperative blood control, and major technological advancements in pressure regulation systems. According to a comprehensive analysis by Fact.MR, the market, valued at US 670 millionin 2025,is forecasted to grow at a steady Compound Annual Growth Rate(CAGR) of 91.59 billion. This robust growth trajectory is…
More Releases for Lighting
Track Lighting Market Analysis By Top Keyplayers - Philips Lighting, Acuity Bran …
The "Track Lighting Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Track Lighting Market, 2024-2031
Verified Market Research's most recent report, "Track Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Residential Lighting Market Top Players || EVERLIGHT; Hinkley Lighting; IKIO LED …
Residential Lighting Market research report comprises of several parameters which are thoroughly studied by the experts. To generate the best market analysis report, a range of objectives of the marketing research are required to be kept in mind. With this industry report it becomes simpler for customers to understand the various drivers and restraints impacting the market during the forecast period. Residential Lighting Market report helps to provide such market…
Energy Efficient Lighting Market Explore Future Growth by 2022 | Philips Lightin …
Worldwide Market Reports has announced the addition of the “Global Energy Efficient Lighting Market Research Report 2017”, The report classifies the global Energy Efficient Lighting Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
The report firstly introduced the Energy Efficient Lighting basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes;…
Energy Efficient Lighting Market Forecast to 2023: Acuity Brands, Cooper Lightin …
A report added to the rich database of Qurate Business Intelligence, titled “World Energy Efficient Lighting Market Research Report 2023 (Covering USA, Europe, China, Japan, India and etc)”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the…
Energy Efficient Lighting Market Development and Growth Analysis by Philips Ligh …
Worldwide Market Reports has announced the addition of the “Global Energy Efficient Lighting Market Research Report 2017”, The report classifies the global Energy Efficient Lighting Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
The report firstly introduced the Energy Efficient Lighting basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes;…
Track Lighting Market 2017-2022: Eaton, Juno, Lithonia Lighting, Satco, Hubbell …
The report on “Global Track Lighting Market” is a professional report which provides thorough knowledge along with complete information pertaining to the Track Lighting industry a propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.This market research report on the Global Track Lighting market is a complete study of the markets current trends, industry growth drivers and restraints. It…
