Why the Intelligent Lighting Controls Market Is Set To Explode? | Global Players are General Electric, Schneider Electric, Philips Lighting, Leviton Manufacturing Co. Inc., EATON, Cree Inc, Honeywell International Inc., Lutron Electronics Co., Inc., Contr

The Intelligent Lighting Controls Market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.

High manufacturing costs associated with the systems are hindering the intelligent lighting controls market growth. Manufacturing of these controls requires the usage of several additional components such as sensors, LEDs, smart switches, and controllers, which increasing the overall manufacturing cost. Moreover, the need for cloud-hosted infrastructure to manage connected devices is further increasing the complexity of the technology. The adoption of intelligent lighting controls technology has become stagnant due to such factors.

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In the intelligent lighting controls market, sensors are expected to witness considerable demand owing to their various features such as dimming, light on demand, and long lamp life, which will improve the performance of devices. High demand for Passive Infrared Sensor (PIR) technology has been witnessed. These sensors turn on the lighting system when it detects motion in its coverage area, reducing the energy consumption. Moreover, they use photocell sensors, which save electricity by deactivating the lights during the day. The adoption of sensors in the control helps to prevent the wastage of electricity.

In the intelligent lighting controls market, the adoption of systems in public utility, in smart city applications such as electric vehicle charging stations, air quality monitoring systems, smart water and gas metering, smart traffic lights, a beacon for location-based advertising, and intelligent parking is being witnessed. Service providers are offering several smart city solutions by implementing advanced lighting techniques to provide high accuracy and optimization. For instance, TVILIGHT B.V., a European intelligent streetlights solution provider, is offering a street lighting solution that emits light when a car passes by and is off when there is no one on the road. The system operates on solar energy, making it free from emitting harmful rays. With such intelligent technology, the demand for intelligent lighting controls will grow in the coming years.

Asia Pacific is expected to dominate the intelligent lighting controls market over the forecast timespan owing to the rise in the demand for smart cities and low-cost consumer equipment in the region. Rise in government investments for developing smart homes is further aiding the adoption of technology in the region. For instance, in June 2015, the Government of India invested around USD 14 billion for the development of 100 smart cities and the rejuvenation of 500 others in the country. Moreover, a high rate of production and the consumption of global lighting products in China are also attracting foreign players to invest in the country.

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Key players operating in the intelligent lighting controls market include General Electric, Schneider Electric, Philips Lighting, Leviton Manufacturing Co. Inc., EATON, Cree Inc, Honeywell International Inc., Lutron Electronics Co., Inc., Control4 Corporation, Enlighted Inc., Honeywell International Inc., Hubbell Incorporated, LSI Industries Inc., Acuity Brands Inc., and OSRAM Licht AG, among others.

Intelligent Lighting Controls Industry, By Component
o Ballasts & LED drivers
o Dimmers & switch actuators
o Intelligent luminaries
o Microcontrollers
o Sensors
o Transmitters & receivers
Intelligent Lighting Controls Market, By Connectivity
o Wired
o Wireless
Intelligent Lighting Controls Industry, By Application
o Commercial
o Industrial
o Residential

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