Smart Lighting Market Growth Dynamics to 2025 | Acuity Brands, Bridgelux Inc., Cooper Industries Inc. (Eaton), Cree Inc., Digital Lumens Inc., General Electric Company, Honeywell International Inc., Schneider Electric Software.

A detailed synopsis of the smart lighting market has been presented in this research report. The synopsis has been charted out keeping in mind certain vital parameters such as global trends, industry insights, growth drivers, industry ecosystem analysis, and market segmentation. Details about the various companies constituting he competitive landscape of smart lighting market as well as the regional bifurcation of this industry from a global standpoint is outlined in the study, in addition to the impact of the regulatory frame of reference worldwide.

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The Major Key Players in the Market are as follows:
Acuity Brands, Bridgelux Inc., Cooper Industries Inc. (Eaton), Cree Inc., Digital Lumens Inc. (Osman Licht AG), Echelon Corporation, General Electric Company, Honeywell International Inc., Hubbell Incorporated, Legrand SA, Lutron Electronics Co. Inc., OSRAM Licht Group, Philips Lighting N.V., Schneider Electric Software LLC., SELC Ireland Limited, Silver Spring Networks, TVLIGHT B.V., Zumtobel Group AG

Having been chronicled as one of the most opportunistic business verticals of sustainable technologies industry, the revenue graph of smart lighting market is estimated to be exponential over the ensuing years. The commercialization scale of this business sphere is quite evident that smart lighting industry share to surpass a total valuation of USD 23 billion by the end of 2025.

What are some of the pivotal parameters that the smart lighting market report encompasses pertaining to the Component landscape?

Smart lighting industry segmentation as per the Component landscape: Hardware, Software, Service.

Market Share:
o The market share accounted for by each of the Component segments in the industry.
o The market share that each of the sub-segments are projected to hold in the market.

Revenue:
o The target remuneration that the Component segments will accrue by the end of the forecast period.
o The growth rate which the Component segments will depict over the projected duration.

What are some of the pivotal parameters that the smart lighting market report encompasses pertaining to the Technology landscape?

Smart lighting industry segmentation as per the Technology landscape: Wired, Wireless.
Market Share:
o The market share that each of the Technology segments hold presently in the industry.
o The market share that each of the sub-segments may account for in the market.

Revenue:
o The target remuneration that the Technology segments will procure by the end of the forecast duration.
o The growth rate that the Technology segments will show over the projected period.

What are some of the pivotal parameters that the smart lighting market report encompasses pertaining to the Application landscape?

Smart lighting industry segmentation as per the Application landscape: Indoor lighting, Outdoor lighting.

Market Share:
o The market share accounted for by each of the Application categories in the industry.
o The market share that the Application categories are forecast to account for in the market.
Revenue:
o The target valuation that the Application segments will amass by the end of the forecast period.
o The growth rate expected to be registered by the Application segments over the projected duration.

Regarded as one of the largest North America based smart lighting market players, Acuity Brands, Inc., has joined hands with Silver Spring Networks to develop a networked street lighting control solution. Apparently, this solution would aid utilities, smart cities, and large campus operators to renovate their aging lighting infrastructure and increase operational efficiency. As part of the agreement, Silver Spring's standards-based Gen5 IPv6 networking platform would be integrated with Streetlight Vision smart city management software. This integration would further upgrade LED lighting system which would reduce energy expenses substantially, cite industry experts.

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The smart lighting market research document is an extensive collection of pivotal insights pertaining to the industry. In a nutshell, the smart lighting industry study aims to educate potential investors about the market scenario and future prospects. The report also endorses details about the industry pitfalls and challenges as well as the industry impact forces.

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