Smart Lighting Market Analysis By Top Companies Lutron Electronics, Schneider Electric, Philips Lighting, Hubbell Incorporated, Honeywell, GE, OSRAM, Cree, Eaton, Acuity Brands, Silver Spring Networks, Zumtobel Lighting

Smart lighting market will witness a robust growth rate in the years to come. Over the years, there has been a considerable rise in the infrastructural development of residential, commercial and industrial spaces owing to the rise in disposable incomes in both developed and emerging nations. Technological advancements and growing innovations aiming to simplify the condition of living is steering home automation. Energy savings, home security, enhanced comfort, home control monitoring and user convenience are some the vital factors resulting in the rising adoption of home automation globally.

Rise in smart city projects and innovations in home automation are driving smart lighting market forecast significantly. The growing urban population has triggered initiatives by the government to provide access to efficient LED lights, along with deploying AI and IoT in building automation systems for commercial, residential and industrial spaces. The Ministry of Housing and Urban Affairs in India had set up a smart cities mission with a view of developing over 100 cities in the country over a span of five years.

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Regional authorities are increasingly partnering with technology companies to implement their vision of a smart and connected city. Intel and the City of San Jose, California have collaborated on a public-private project to deploy the company’s smart city demonstration platform to boost the Green Vision initiative of the city. Smart city infrastructure facilitates efficiency, cost reduction and provides an improved livelihood for city occupants. Rise in smart city initiatives worldwide has led to increased impetus for smart lighting market size.

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.

The key vendors in the smart lighting market are 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

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Glimpse of Table of Content (ToC): -

Chapter 5. Global Smart Lighting Market, By Component
5.1. Key trends, by component
5.2. Hardware
5.2.1. Market estimates and forecast, 2014-2025
5.2.2. Smart bulb
5.2.3. Luminaire
5.2.4. Light Controls
5.3. Software
5.3.2. On-premise
5.3.3. Cloud
5.4. Service
5.4.2. Pre-sales services
5.4.3. Post-sales services
5.4.3.1. Market estimates and forecast, 2014-2025
Chapter 6. Global Smart Lighting Market, By Technology
6.1. Key trends, by technology
6.2. Wired technology
6.2.1. Market estimates and forecast, 2014-2025
6.2.2. Power line communication
6.2.3. Power over ethernet
6.2.4. DLAI
6.2.5. Hybrid
6.3. Wireless technology
6.3.2. Bluetooth
6.3.3. Zigbee
6.3.4. Wi-Fi
6.3.5. EnOcean
6.3.6. LPWAN
6.3.7. Hybrid
Chapter 7. Global Smart Lighting Market, By Application
7.1. Key trends, by application
7.2. Indoor lighting
7.2.1. Market estimates and forecast, 2014-2025
7.2.2. Residential
7.2.3. Commercial
7.2.4. Industrial
7.3. Outdoor lighting
7.3.2. Highways and Roadways
7.3.3. Public places
7.3.4. Bridges and tunnels

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