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What's driving the Smart Lighting Market | Hafele, Honeywell International Inc., Seiko Epson Corporation, Wipro Consumer Care & Lighting, OSRAM GmbH.,

05-12-2020 06:52 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Smart Lighting Market

Smart Lighting Market

Smart Lighting ?Industry: 2020 Market Report is a professional and in-depth study on the current state of the ?Smart Lighting ?Market. The Smart Lighting report presents with the key statistics on the market status of global and regional manufacturers and also acts as a valuable source of leadership and direction. The company profiles of all the key players and brands that are dominating the market have been offered in this report. The report consists of remarkable data, present market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. The market drivers and restraints have been described thoroughly using SWOT analysis. This Smart Lighting market report not only identifies the emerging trends along with major drivers, challenges and opportunities in the market but also analyses them efficiently.

The research study on Global ?Smart Lighting Market organizes the overall perspective of the industry. This incorporates upcoming flow of the ?Smart Lighting Market together with an extensive analysis of recent industry statistics. It describes the ?Smart Lighting ?market size as well as factors controlling market growth.

A Discount (30%) can be asked before order a Sample of copy ??Smart Lighting ?Market Report at @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-lighting-market

?In Depth Analysis of the Market

Global?Smart Lighting Market?is expected to reach million by 2026 and is projected to register a healthy?CAGR of 22.1%?in the forecast period of 2019 to 2026.

The key players examine the ?Smart Lighting market in new regions by inspecting different techniques. This includes mergers & acquisitions, ?Smart Lighting expansions, investments, new service launches. Similarly, they adopt distinct ?Smart Lighting strategies such as collaborations, agreements etc. The leading vendors of ?Smart Lighting market are:

Seiko Epson Corporation,
Encelium technologies,
Virtual Extension,
Zumtobel Group AG,
Wipro Consumer Care & Lighting,
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,
Schneider Electric SE,
Eaton,
Leviton Manufacturing Co., Inc.,
Syska LED and Beam Labs B.V.and among others.

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.

Segmentation: Global ?Smart Lighting ?Market

?Smart Lighting ?Market : By By Offering

(Hardware {Lights and Luminaries, Lighting Controls, Relay Units},

?Smart Lighting Market : By Application

(Indoor, Outdoor),

?Smart Lighting Market : By Software

{Local/ Web Based, Cloud Based},

?Smart Lighting Market : By Services

{Design and Engineering, Installation Services, Post Installation Services}),

?Smart Lighting Market : Installation Type

(Retrofit Installation, New Installation),

?Smart Lighting Market :?Communication Technology

(Wired Technology, Wireless Technology),

?Smart Lighting Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Product Launch:

In May, PHILIPS LIGHTING HOLDING B.V. acquired LiteMagic Technologies, which is beneficial in expanding high end portfolio products such as luminaires and control systems in the region of China.
In October, OSRAM Opto Semiconductors GmbH launched dynamic in-car lighting, which is beneficial in providing passenger cell, dynamic dimensions, and static light switch for On/Off applications.
In September, Honeywell International Inc. (U.S.) launched a new lighting and power management system, which is beneficial in offering efficient lighting, efficient lighting and power-management in retrofit.
In October, Cree, Inc. expanded its industrial lighting portfolio which is linear, high-bay luminaires and beneficial in offering ideal solution for construction and retrofit market.

RESTRAINTS

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..

In France, due to privacy and security reason, the cities are connected with innovative LED technology, sensors and networking systems to save data and energy from the hackers. The smart lighting systems are connected with both vehicles and internet that offers data to improve the traffic flow. Mostly, the sensors and smart lighting microphones are embedded with street lights that decrease the crime by alerting the law enforcement to avoid the potential problems by capturing ambient sounds.

Research Methodology:?Global Smart Lighting Market

Primary Respondents: OEMs, Manufacturers, Engineers, Industrial Professionals.

Industry Participants:?CEO's, V.P.'s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers

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

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

6 GLOBAL SMART LIGHTING MARKET, BY OFFERING

................More..........TOC............

13 LIST OF QUESTIONS.

14 RELATED REPORTS

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

Read Complete Details with TOC Here @?https://www.databridgemarketresearch.com/toc/?dbmr=global-smart-lighting-market

Key questions answered in the?Global ?Smart Lighting Market?report include:

What will be ?Smart Lighting market share and the forecast for 2020-2027?
What are the key factors compelling the worldwide ?Smart Lighting market?
Who are the key players in the world ?Smart Lighting industry?
What are the factors impacting the revenue and production growth of the ?Smart Lighting market?
What are the opportunities & challenges in the ?Smart Lighting industry?

Contact:

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:?Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market?Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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