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Adoption of smart lighting solutions for hospitality, office, and home are driving the demand for Bluetooth LED bulbs

05-02-2019 01:32 PM CET | IT, New Media & Software

Press release from: DataM Intelliegence

Adoption of smart lighting solutions for hospitality, office,

DataM Intelligence’s latest market report titled ‘Global Bluetooth LED Bulb Market– Size, Share and Forecast (2019-2026)’ reflects the size, scope, industry dynamics, major firms and future trends in this market. The research report analyses drivers and restraints operating in this competitive space to present a better in-depth of the underlying market opportunities.

Bluetooth LED Bulb Industry Dynamics
With the rising number of smartphone and tablet users, demand for smart LED bulbs controlled by Bluetooth connectivity is also driving.
Other factors that are propelling the growth of the global Bluetooth LED bulb market includes declining prices of LED bulbs and supportive government initiatives.
In 2014, the Indian government launched a programme to promote LED bulbs in Indian households UJALA (Unnat Jyoti by Affordable LEDs for All) policy.
the price of LED bulbs distributed under UJALA scheme came down to Rs. 70 compared to the earlier estimate of Rs 310 before 2014.

Bluetooth LED Bulb Market Segmentation
Global Bluetooth LED bulb market is segmented based on the compatibility type and application.
Based on the compatibility type smartphone market is anticipated to have the largest market share owing to the rising use of Bluetooth Mesh technology which does not require any special wiring, hub, or electrical boards that is controlled via mobile applications.
In terms of application, the Commercial segment is anticipated to exhibit the largest market share in the global Bluetooth LED bulb market. Within the commercial division, office spaces and hospitality are the significant users of bluetooth LED bulb market, as they can control lighting systems when not in use, thus saving the energy bills.

Bluetooth LED Bulb Market Geographical Share
Asia-Pacific holds the largest market share of global Bluetooth LED bulb market owing to the falling LED prices in this region.
As the region is currently experiencing a tremendous shift in lighting systems, where companies in this region have identified to adopt LED lights.
In India, the government supported the plan of deploying cost-effective LEDs across the end-users has received a warm response. With the growing smart homes market in India, it is expected to increase the demand for Bluetooth LED bulbs in the Asia-Pacific region.

Bluetooth LED Bulb Companies
Global Bluetooth LED bulb market is fragmented with the presence of various international and domestic players. Some of the key players in the industry are General Electric, Syska LED Lightings, and OPPEL Lighting Co.
In October 2018, General Electric announced that its smart LED bulbs series C had been integrated to work with Google Home devices via a Bluetooth connection, which will let the consumer control lightings through voice commands.

To know more, feel free to download a sample from the following portal -

https://www.datamintelligence.com/research-report/bluetooth-led-bulb-market/

The research report covers the following topics-

1. Bluetooth LED Bulb Market Scope and Methodology
1.1. Research Methodology
1.2. The scope of the market

2. Bluetooth LED Bulb Market Trends
2.1. Key Trends and Developments

3. Bluetooth LED Bulb Market Outlook
3.1. Drivers
3.2. Restraints
3.3. Porter’s Five Forces Analysis

4. Bluetooth LED Bulb Market Segmentation Analysis
4.1. By Compatibility Type
4.1.1. Smartphones
4.1.2. Tablets
4.1.3. Laptops
4.1.4. Others (Smartwatch)
4.2. By Application
4.2.1. Residential
4.2.2. Commercial
4.2.3. Others

5. Regional, Country-level Analysis
5.1. Geographic Overview
5.2. North America
5.2.1. U.S.
5.2.2. Canada
5.2.3. Mexico
5.3. Europe
5.3.1. Germany
5.3.2. U.K.
5.3.3. France
5.3.4. Russia Federation
5.3.5. Rest of Europe
5.4. South America
5.4.1. Brazil
5.4.2. Argentina
5.4.3. Rest of South America
5.5. Asia Pacific
5.5.1. China
5.5.2. India
5.5.3. Japan
5.5.4. South Korea
5.5.5. Rest of Asia Pacific
5.6. Rest of World

6. Bluetooth LED Bulb Market Competitive Analysis
6.1. Competitive Scenario
6.2. Key Strategies adopted by Manufacturers

7. Bluetooth LED Bulb Market Company Profiles
7.1. General Electric
7.2. Eufy Lumos
7.3. Svarochi
7.4. Ilumi solutions Inc.
7.5. OPPLE Lighting Co
7.6. Evluma
7.7. Syska LED Lights
7.8. Flux Smart Lighting
7.9. Elgato
7.10. Mansaa SmartShine

8. Appendix
8.1. Sources
8.2. Contact Us

About DataM Intelligence

DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historic data but also allows a highly justifiable forecast model.

DMI is currently strengthening its cross-industrial database for sectors including Chemicals, Materials, Agriculture, Healthcare Services, Animal Nutrition, Consumer Goods, Food & Beverages, Industrial Machinery and Automation among others.

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