Press release
Smart Lighting Market to Witness Heightened Revenue Growth During the Forecast Period 2025
Market Overview:Smart lighting system is an innovative technology featured with automated controls that make adjustment of light based on occupancy and daylight availability for energy efficiency and cost saving. Lighting control system reduces energy consumption by switching off lights when not in use or dim the lights based on daylight availability owing to which energy is utilized in a better way. Global smart lighting market is expected to grow in the forecasted period, in 2017 market size of the smart lighting was XX million and in 2025 is expected to reach at XX million with growing CAGR of XX%.
Market Dynamics:
One of the major driver for the growth of smart lighting market is rising adoption of LED lights in various sectors such as residential, commercial and healthcare. Hospitals are installing led lights to create relaxing atmosphere, for instance, Hillerod Hospital in Denmark has installed smart LED lights along with audio system in the maternity ward which provides women peace of mind while giving birth and helps to reduce stress. However, higher cost of installation and limited awareness about payback of smart lighting devices can be a major restrains of the smart lighting market.
The rising need of efficient smart lighting systems and speedy development of sensor and wireless technology increasing demand for smart lighting solutions fordeveloping smart cities and street lighting could emerge as a huge growth opportunity for smart lighting market players. However, incompatible wireless solutions and high initial investment are expected to be a mojor threat to the growth of this market.
Request For Report Sample: https://www.researchreportinsights.com/report/upsample/120124631/Smart-Lighting-Market
Market Players:
Acuity Brands, Inc., Lutron Electronics, co., Legrand SA, OsramLicht AG, Honeywell International Inc., Zumtobel AG, Royal Phillips N. V, Digital Lumens, Inc., IKEA and Streetlight Vision are some of the prominent players in the smart lighting market, these players such as Philips, Osram, and IKEA are using ZigBee wireless networking technology in their product offering. Similarly, other companies are also focusing on extracting street lighting contracts to gain competitive edge in the market.
Market Segmentation:
The smart lighting market is segmented on the basis of application, component, lighting type and regions.On the basis of applications the smart lighting market can be segmented into government and public, residential, industrial and commercial. The residential market is expected to grow in the forthcoming years as residents are investing in smart home.
Further, on the basis of lighting source the smart lighting market is divided into LED Lamps, high intensity discharge lamp, fluorescent lamp, compact fluorescent lamp and others. LED lamps are expected to dominate the market as LED lamps are energy efficient and durable.
Request For Report TOC: https://www.researchreportinsights.com/report/TOC/120124631/Smart-Lighting-Market
Market segmented on the basis of application:
? Government and Public
? Commercial
? Industrial
? Residential
? Others
Market segmented on the basis of components:
? Relays
? Controllable Breakers
? Sensors
? Switch Actuators
? Dimmer Actuators
? Others
Market segmented on the basis of lighting Type:
? LED Lamps
? Fluorescent Lamp
? Compact Fluorescent Lamp
? High Intensity Discharge Lamp
? Others
Market segmented on the basis of region:
? North America
• US
• Canada
• Mexico
? Europe
• UK
• Germany
• France
• Rest of Europe
? Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
? Latin America
• Brazil
• Rest of Latin America
? Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA
Report Analysis: https://www.researchreportinsights.com/report/upcomming/120124631/Smart-Lighting-Market
Research Report Insights (RRI) is a leading market intelligence and consulting firm. We deliver a host of services including custom research reports, syndicated research reports, and consulting services which are personalized in nature. RRI delivers a complete packaged solution to clients; this combines current market intelligence, technology inputs, statistical anecdotes, valuable growth insights, 360-degree view of the competitive framework, and anticipated market trends
Research Report Insights (RRI
42 Joseph Street
Port carling P0B 1J0
Muskoka, Ontario1
Phone - +1-631-721-4201
Website: https://www.researchreportinsights.com/
Email: sales@researchreportinsights.com
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 Smart Lighting Market to Witness Heightened Revenue Growth During the Forecast Period 2025 here
News-ID: 1583040 • Views: …
More Releases from Research Report Insights
Automotive Brake System Market 5.7% of CAGR throughout 2017-2022 Research Report …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022.
In modern…
Automotive Brake System Market 2022 | Continental AG, Robert Bosch GmbH, Wabco H …
The global automotive brake system market is anticipated to witnessing a substantial growth due to fresh prospects of the automotive industry in emerging along with developing economies and increased safety concerns by the government. It was stated in the report that the overall growth of the market is expected to reach a market value of above US$ 25 Billion through 2022, exhibiting a strong 5.7% of CAGR throughout 2017-2022.
In modern…
Tarpaulin Sheets Market These factors, thus, are likely to boost the plastic mar …
A tarpaulin is a big sheet of water-proof material available in various sizes, generally being crafted from plastic like HDPE, LDPE. Tarps can be used to refuge any kind of items. Tarpaulins can efficiently be used to cover goods in the course of shipping and then they also can be used to house goods internal of a truck body so they are not uncovered to the elements.
The Tarpaulin Sheets Market…
Research Report Insights present kayaks market by 21 percent, or over by $42 mil …
Kayaking is a watersport which involves paddling using a double-bladed oar and a small boat known as a kayak. The boats come in a variety of sizes and types, depending on their intended use, but most kayaks feature an enclosed deck which covers the legs. The boat sits low in the water & usually only accommodates the single paddler, but tandem kayaks hold two people and some boats hold three…
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,…
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons that…
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke …
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chips…
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li …
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being included…
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Report…
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use …
Transparency Market Research, in a report titled “LED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,” states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driver…
