North America Smart Lighting Market 2024: Top Key Players: Philips Lighting, GE, Cree, Acuity Brands, Schneider Electric, Silver Spring Networks and Bridgelux
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The technology market is expected to register a robust growth between 2018 and 2024 with a CAGR of around 30%. The increasing integration of different wireless communication technologies such as Bluetooth, Wi-Fi, and Zigbee into the smart lighting solutions is aiding the consistent growth of the technology market in the region. Modern smart lighting solutions will upgrade the connectivity as Wi-Fi hotspots will help in improving public and traffic safety by assisting in the implementation of smart navigation and parking technologies. Hence, the Wi-Fi segment is expected to grow at a robust CAGR of over 35% during the forecast period.
Some of the key vendors in the North America smart lighting market are Silver Spring Networks, Hubbell, Zumtobel, Tvilight, Schneider Electric, Philips Lighting, GE Lighting, Cooper Industries (Eaton), Cree, Acuity Brands, and Bridgelux.
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Segments We Cover:
North America Smart Lighting Market, By Lighting Source
North America Smart Lighting Market, By Component
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North America Smart Lighting Market, By Application
The above information has been provided for the following regions and countries:
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