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Smart Lighting Market Outlook 2025 - Osram Licht AG, Honeywell International Inc., Koninklijke Philips N. V, Eaton Corporation PLC., Digital Lumens Inc, Lutron Electronics Company Inc, General Electric Company, Legrand SA, Streetlight.Vision and Acuity Br

03-17-2020 10:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

Smart Lighting Market Outlook 2025 - Osram Licht AG, Honeywell

The newly released research at Market Study Report titled "Global Smart Lighting Market Report" provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

The wireless technology has become an integral part of day to day lifestyle. Wireless technologies like Bluetooth, Wi-Fi, and RF Ids are experiencing high adoption rate among users. The rising popularity of wireless technology in lighting solution is thus considered to be one of the major reasons driving the smart lighting market. The wireless lighting solutions are easy to control and help its customers to attain maximum energy saving.

Request a sample of this report titled at: https://www.marketstudyreport.com/request-a-sample/2095998/

The global smart lighting market is fragmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). Furthermore the segmentation is based upon application of smart lighting viz. Industrial lighting, Commercial lighting, Residential lighting, Outdoor lighting, Automotive lighting and Government. According to the geographic regions, the market is segmented into Europe, Middle East & Africa (MEA), Asia Pacific (APAC), North America and South America (SAM).

The smart lighting is a technology that enables its users to govern the lighting of any space without being surrounded by unnecessary wires. Smart lighting is a part of upcoming IoT technology, facilitating mobile and sensor-based control on the luminosity of lights in a particular space. The intelligent connected lighting offers ecofriendly environment and effectively reduces the consumption of energy.

The lighting hardware is highly integrated and dependent on the software platform being used. As there is no common standard for wireless smart lighting products, the complete idea of various smart lighting devices networked together and the entire process of networking becomes complicated. For example, Philips employs ZigBee Light Link, GreenWave uses NXP JenNet-IP and Insteon uses its own wireless technology and all these are incompatible with each other. This incompatibility would result in inconvenience for the user as the choice of products and services will get limited by the platform being used, or else the entire operation of smart lighting would get complicated.

The shortcoming of a wireless system are occasional disturbance in communications among the devices. When a wireless lighting system is installed in a place, one should always make sure that the keypads, processors and dimmers are within a specific range. For example, some old residential buildings may be constructed with metal wire integrated in the walls that might create disturbance or weaken the signals of a wireless system. Though it has certain drawbacks, it is expected to capture more than half of the lighting market in next few years. Thus, maximum companies are switching their product portfolio to wireless smart lighting solutions. Major players in this segment are Philips, GE, OSRAM and Daintree.
The wireless technology has become an integral part of day to day lifestyle. Wireless technologies like Bluetooth, Wi-Fi, and RF Ids are experiencing high adoption rate among users. The rising popularity of wireless technology in lighting solution is thus considered to be one of the major reasons driving the smart lighting market. The wireless lighting solutions are easy to control and help its customers to attain maximum energy saving.

Request a discount on standard prices of this report at: https://www.marketstudyreport.com/check-for-discount/2095998/

Major players in the global smart lighting market comprises of Osram Licht AG (Germany), Honeywell International Inc. (U.S.A), Koninklijke Philips N.V. (Netherland), Eaton Corporation PLC. (Ireland), Digital Lumens Inc. (U.S.A), Lutron Electronics Company Inc. (U.S.A), General Electric Company (U.S.A), Legrand SA (France), Streetlight.Vision (France) and Acuity Brands Lighting Inc. (U.S.A).among others.

Table of Contents:

1 List of Tables
2 Introduction
3 Key Takeaways
4 Smart Lighting Market Landscape
5 Smart Lighting Market - Key Industry Dynamics
6 Smart Lighting Market - Five Forces Analysis
7 Global Smart Lighting Market Analysis
8 Global Smart Lighting Market Revenue and Forecasts to 2025 - Lighting Types
9 Global Smart Lighting Market Revenue and Forecasts to 2025 - Application
10 Global Smart Lighting Market Revenue and Forecasts to 2025 - Connectivity Technology
11 Global Smart Lighting Market Revenue and Forecasts to 2025 - Geographical Analysis
12 Global Smart Lighting Market, Key Company Profiles

Complete report titled at: https://www.marketstudyreport.com/reports/smart-lighting-market-to-2025-global-analysis-and

Related Report:

Smart Lighting Market Size Growth Potential, Competitive Market Share & Forecast, 2018 - 2024

Smart Lighting Market is projected to surpass USD 24 billion by 2024. Smart lighting incorporates different technologies to enable the automatic controlling of indoor and outdoor lights using automated settings, wireless/mobile controls, and a wide range of different adjustable features.

https://www.marketstudyreport.com/reports/smart-lighting-market

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