Smart Lighting Market Outlook, Growing Demand and Top Manufacturers 2020
This Smart Lighting Market research report identifies the competitive landscape of industries to understand the competition at the International level. This report study describes the projected growth of the global market for approaching years from 2020 to 2026. This research report has been aggregated based on static and dynamic aspects of the businesses.
Тhе glоbаl Smart Lighting mаrkеt is estimated to grow from USD 13.1 billion in 2020 and projected to reach USD 30.2 billion by 2026, at a CAGR of 17.4%.
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The prominent players in the Global Smart Lighting Market:
PHILIPS LIGHTING, ACUITY BRANDS, OSRAM, CREE, GENERAL ELECTRIC (GE + CURRENT), EATON, HONEYWELL, LEGRAND, HUBBELL LIGHTING, ZUMTOBEL GROUP, HAFELE GROUP, LUTRON ELECTRONICS, WIPRO CONSUMER CARE AND LIGHTING, STREETLIGHT.VISION, VIRTUAL EXTENSION, SYSKA LED, LEVITON MANUFACTURING, and Others.
The ‘Smart Lighting’ market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.
This report segments the Global Smart Lighting Market based on Types are:
Based on Application, the Global Smart Lighting Market is segmented into:
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Philips sees brighter scope in smart lighting
Opens first savvy light center experience community in Chennai
Philips Lighting intends to dispatch in excess of 20 experience habitats the nation over this year to take advantage of the solid interest for savvy lighting items.
The organization has seen deals of brilliant lights fill multiple times in the customer portion over the most recent one year and tries to expand the business multiple times this year. The portion of savvy lighting items represent high single digit in absolute deals and the organization plans to develop the offer to a solid twofold digit in the close to term.
(Original Source: https://www.thehindubusinessline.com/news/philips-sees-brighter-sales-scope-in-smart-lighting/article24435999.ece )
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Smart Lighting Market these regions, from 2020 to 2026 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia–Pacific (China, Japan, Korea, India, and Southeast).
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Smart Lighting Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Smart Lighting Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
The research includes historic data from 2015 to 2019 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Smart Lighting market report offers a complete and detailed study of the global Smart Lighting market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.
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