Press release
Growth of Smart Lighting Market study for 2019 Leading Key Players Philips Lighting Holding B.V. , Acuity Brands Lighting, Inc. , Hafele, Honeywell International Inc., Cree, Inc. , Digital Lumens, Inc., OSRAM GmbH., Analysis & Forecast 2026
Global Smart Lighting Market
The Smart Lighting is one of the most important lighting solutions for providing solution for both indoor and outdoor purposes with latest advanced technology products such as LEDs, Luminaires, fluorescent bulbs and others. The smart lighting is used to offer better energy efficiency as compared to traditional incandescent and halogen options. The main purpose is to deliver durability in terms of breakage resistant and largely immune to vibrations. The smart lighting offers a wide range of applications in street roadways, tunnel & bridges, architectural, commercial, office lighting, projection lighting.
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The Global Smart Lighting Market research report on Global Smart Lighting Market comprehends the worldwide patterns and the key players' and brands' activities with regards to their ongoing examination, joint endeavors, mergers, item dispatches, and allegations. A SWOT analysis turns out to be a helpful tool with regards to deciding the market drivers and limitations in the Global Smart Lighting Market. The Global Smart Lighting Market report plans to underline all the key parts of the Global Smart Lighting Market to keep you notified about the ongoing market trends.
Major Players: Global Smart Lighting Market
• Philips Lighting Holding B.V.
• Acuity Brands Lighting, Inc.
• Hafele
• Honeywell International Inc.
• Cree, Inc.
• Digital Lumens, Inc.
• OSRAM GmbH.
• Lutron Electronics Co.
• Inc, Legrand SA
• Seiko Epson Corporation
• Encelium technologies
• Virtual Extension
• Zumtobel Group AG
• Wipro Consumer Care & Lighting,
• Schneider Electric SE
• Eaton
• Leviton Manufacturing Co., Inc.
• Syska LED and Beam Labs B.V.and among others.
TABLE OF CONTENTS GLOBAL SMART LIGHTING MARKET
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Smart Lighting Market
1.4 Currency And Pricing
1.5 Limitation
1.6 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographic Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Research Methodology
2.6 Primary Interviews With Key Opinion Leaders
2.7 Dbmr Market Position Grid
2.8 Market Application Coverage Grid
2.9 Dbmr Market Challenge Matrix
2.10 Secondary Sources
2.11 Assumptions
3 Market Overview
3.1 Drivers
3.1.1 Rapidly Increasing Demand For Smart Cities
3.1.2 Maximum Usage And Decreased Price Of Led
3.1.3 Increasing Awareness Regarding Energy Consumption By Government
3.1.4 Rising Demand For Technology Based Smart Lighting Systems
3.2 Restraints
3.2.1 Security And Privacy Concern Related To Smart Lighting Systems
3.2.2 High Cost Of Installation
3.3 Opportunity
3.3.1 Growing Demand Of Iot Technology For Smart Lighting
3.4 Challenge
3.4.1 Spectrum Of Light Leads To Radiation Problem
……………………….. More
4 Executive Summary
5 Premium Insights
6 Global Smart Lighting Market, By Offering
7 Global Smart Lighting Market, By Installation Type
8 Global Smart Lighting Market, By Communication Technology
9 Global Smart Lighting Market, By Application Type
10 Global Smart Lighting Market, By Geography
11 Global Smart Lighting Market, Company Landscape
12 Company Profiles
13 List Of Questions.
14 Related Reports
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Drivers: Global Smart Lighting Market
RAPIDLY INCREASING DEMAND FOR SMART CITIES
The smart lighting system played an important role in developed and developing countries by providing connected and smart lighting solution. To increase the sustainable economic development for the smart cities, every country should emphasize on their infrastructure including industry, buildings and outdoor premises. The first step is the need to decrease energy consumption by different source of the lighting system.
• In October 2014, a conference was held by European commission and Italian Ministry of Education regarding acceleration of large-scale deployment of LED lighting for sustainable smart cities in Europe. In another case, LumiGrow Inc. expanded their smart lighting product portfolio in Europe continent that puts an impact on smart lighting and other precision technologies in the field of sustainability.
Nowadays cities are invested more in smart city platforms, where the smart lighting system would become an important aspect for delivering LED Lighting for smart street lights & poles. The smart lighting offers data stations with sensors for weather & pollution sensing, monitoring, adaptive lighting, enabling Wi-Fi and RF connectivity where it is beneficial in providing public address systems, smart screens for ads and others.
MAXIMUM USAGE AND DECREASED PRICE OF LED
The growth of LED in global arena has been expanded in the past few years due to the demand of technological transformation, maximum utilization and low pricing of LEDs. Nowadays lighting management systems are preferred for extended life, durability and dim ability.
INCREASING AWARENESS REGARDING ENERGY CONSUMPTION BY GOVERNMENT
It has been observed that the awareness regarding energy consumption is increasing gradually by government agencies in different regions due to specific regulations and specification in LED lighting. According to government standard it has proposed a variety of standard to support the smart lighting.
RESTRAINTS
SECURITY AND PRIVACY CONCERN RELATED TO SMART LIGHTING SYSTEMS
Although the application of smart lighting system is increasing day by day in many developed and developing countries for monitoring the energy efficient lighting, power consumption and lighting infrastructure, but it gets hampered by the security and privacy concerns created by cyber hackers..
HIGH COST OF INSTALLATION
Though smart lighting system has many advantages but the cost of installation is a limiting factor. A smart lighting backup requires qualified engineers and people for the installation of wireless technology and wired solutions. Even though the smart lighting is cost efficient, but the installation may be more costly for wireless connectivity. The installation requires high cost and there is no other option for installation.
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Market Trends
On the basis of offering, the market is segmented into hardware, software and services. The hardware is sub- segmented into lights & luminaires, relay units and lighting controls. The lights & luminaires is further sub- segmented into smart bulbs and fixtures. The smart bulbs again sub-segmented into fluorescent lamps (FL) and compact fluorescent lamps (CFL). The lighting controls is sub-segmented into switches & dimmers, LED drivers, sensors and gateways. The switches & dimmers are further sub-segmented into switches, 2manual switches and dimmers. The switches are further sub-segmented into electronic switches. The dimmers are further sub-segmented into wired dimmers and wireless dimmers. The software is sub-segmented into cloud based and local/web-based. The services are sub-segmented into installation services, design & engineering and post-installation services..
On the basis of installation type, the market is segmented into new installation and retrofit installation.
On the basis of communication technology, the market is segmented into wired technology and wireless technology. The wired technology is sub-segmented into power-line communication, wired hybrid protocols, digital addressable lighting interface and power over Ethernet. The wireless technology is sub-segmented into ZIGBEE, Bluetooth, Wi-Fi, wireless hybrid protocols, EnOcean and 6lowpan.
On the basis of application type, the market is segmented into outdoor application and indoor application. The outdoor application is sub-segmented into roadways & highways, public places and architectural. The indoor application is sub-segmented into commercial, residential and industrial. The roadway & highway is sub-segmented into street & roadways, highways and tunnels & bridges. The commercial is sub-segmented into office lighting, projection lighting, retail and hospitality.
Market Insights in the Report
• To describe and forecast the Global Smart Lighting Market, in terms of value, by process, product type, and industry.
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Smart Lighting Market
• Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
• Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
• All the Challenges and growth opportunities in the Global Smart Lighting Market along with the market drivers and restrains.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
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Data Bridge Market Research
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