Smart Lighting Market Insights, Potential Business Strategies, Mergers and Acquisitions, Revenue Analysis -2025

California, March 11, 2020: Market Research Engine has published a new report titled as "Smart Lighting Market Size by Application (Outdoor, Indoor), By Communication Technology (Wireless, Wired), By Light Source (Fluorescent Lamp, Light Emitting Diode), By Product Type (Fixtures, Control Systems, Smart Bulbs), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025."

Browse Full Report: https://www.marketresearchengine.com/smart-lighting-market-report

The smart lighting market is determined by stringent government regulations across the world to limit the utilization of inefficient lighting technologies. The govt across the world are constantly working to end inefficient lamps like incandescent and halogen lamps, promoting the utilization of environmental lighting lamps. Recently, EU declared new regulations to end the tungsten halogen and compact fluorescent lamps by 2020. The new regulations under the new Ecodesign Law state that the utmost standby power of 0.5W and a minimum energy requirement of 85 lumens for lamps. this may encourage the sale of more energy-efficient lamps across the region. the govt authorities also are offering tax rebates and subsidies to market the utilization of more efficient lighting technologies across the world. This is a serious driver for the expansion of the market. Increasing adoption of those products as a hassle free solution to regulate home or organization lighting is projected to drive the market. Moreover, increasing consumer awareness regarding the importance of energy conservation is encouraging the adoption of smart LED lights.

The rapid surge within the number of smart city development initiatives and investments has further accelerated the adoption of the market. As development and urbanization are increasing, the energy consumption across the cities is additionally expanding. It is estimated that cities account for quite 60% of the world's energy and lighting alone consumes 19% of the world's electricity. To scale back energy consumption and effectively manage resources, governments are leveraging on advanced technology solutions to manage assets and resources more effectively. This is often encouraging the event of smart city initiatives across the world, which can aggregate the demand for smart industry.

The global Smart Lighting market is segregated on the basis of Application as Outdoor and Indoor. Based on Communication Technology the global Smart Lighting market is segmented in Wireless and Wired. Based on Light Source the global Smart Lighting market is segmented in Fluorescent Lamp and Light Emitting Diode.

Based on Product Type, the global Smart Lighting market is segmented in Fixtures, Control Systems, and Smart Bulbs.

The global Smart Lighting market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Lighting market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Leviton Manufacturing Company, Inc., Lutron Electronics Co., Inc., Honeywell International Inc., Hubbell Incorporated, Zumtobel Group AG, Signify N.V., Legrand S.A., Acuity Brands, Inc., Eaton Corporation PLC, General Electric Company, and others are among the major players in the global Smart Lighting market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Smart Lighting Market has been segmented as below:

Smart Lighting Market, By Application
o Outdoor
o Indoor

Smart Lighting Market, By Communication Technology
o Wireless
o Wired

Smart Lighting Market, By Light Source
o Fluorescent Lamp
o Light Emitting Diode

Smart Lighting Market, By Product Type
o Fixtures
o Control Systems
o Smart Bulbs

Smart Lighting Market, By Region
o North America
o Europe
o Asia-Pacific
o Rest of the World

Smart Lighting Market, By Company
o Leviton Manufacturing Company, Inc.
o Lutron Electronics Co., Inc.
o Honeywell International Inc.
o Hubbell Incorporated
o Zumtobel Group AG
o Signify N.V.
o Legrand S.A.
o Acuity Brands, Inc.
o Eaton Corporation PLC
o General Electric Company
o OSRAM Licht AG

The report covers:
o Global Smart Lighting market sizes from 2015 to 2024, along with CAGR for 2018-2024
o Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
o Global Smart Lighting market trends, covering comprehensive range of consumer trends & manufacturer trends
o Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Lighting market
o Major market opportunities and challenges in forecast timeframe to be focused
o Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
o Comprehensive company profiles of the key industry players

Report Scope:

The global Smart Lighting market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Lighting market share. Major industry players with significant revenue share include Leviton Manufacturing Company, Inc., Lutron Electronics Co., Inc., Honeywell International Inc., Hubbell Incorporated, Zumtobel Group AG, Signify N.V. , Legrand S.A., Acuity Brands, Inc., Eaton Corporation PLC, General Electric Company, and others.

Reasons to Buy this Report:
o Gain detailed insights on the Smart Lighting industry trends
o Find complete analysis on the market status
o Identify the Smart Lighting market opportunities and growth segments
o Analyse competitive dynamics by evaluating business segments & product portfolios
o Facilitate strategy planning and industry dynamics to enhance decision making

Request Sample Report from here: https://bit.ly/2TIlqVB

Table of Contents:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Smart Lighting Market, By Application
6. Smart Lighting Market, By Communication Technology
7. Smart Lighting Market, By Light Source
8. Smart Lighting Market, By Product Type
9. Smart Lighting Market, By Geography
10. Competitive Insights
11. Company Profiles
11.1 Leviton Manufacturing Company, Inc.
11.2 Lutron Electronics Co., Inc.
11.3 Honeywell International Inc.
11.4 Hubbell Incorporated
11.5 Zumtobel Group AG
11.6 Signify N.V.
11.7 Legrand S.A.
11.8 Acuity Brands, Inc.
11.9 Eaton Corporation PLC
11.10 General Electric Company
11.11 OSRAM Licht AG

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