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Smart Lighting: The Road to Smart City and Sustainability! Market Scope and Demand Analysis by 2027

03-03-2021 06:14 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Smart Lighting Market

Smart Lighting Market

We all know, LEDs need less energy, that’s a fact. With LEDs, lighting bills go down by 50%-70%, and as the quality of LED lighting continue to improve, costs will lower and lower. Today, smart lighting has been recognized as one of the most actionable and ready-to-implement solution for cities to transition to a low-carbon economy and peak emissions in the current next decade.

Download PDF Sample of 300+ Pages Research Report with Insights @ https://www.alliedmarketresearch.com/request-sample/1029

Key Features:

Remote on-off control, dimming, and smart scheduling functions are quick wins of connected street lighting, with great impact on energy savings and maintenance. More advanced features, such as color controls, adaptive lighting, and emergency response making these lighting smart.

Also, smart lighting with 4G LTE and 5G can provide a platform for WIFI, HD Video streaming, gunshot detection, air quality monitoring, traffic management, and smart parking.

Smart city solutions deployed with smart street lighting:

Broadband connectivity
Traffic light controls
Traffic management
Smart parking
Electric vehicle charging stations
Air quality and noise monitoring
Public safety through HD video
Pedestrian footfall sensing

Allied Market Research published a new report, titled, "Smart Lighting Market by Offering (Hardware and Software), Connectivity Technology (Bluetooth, Zigbee, Wi-Fi, and DALI), Lighting Technology (LED, Halogen, Incandescent, Fluorescent, and CFL), and Industry Vertical (Commercial, Residential, Industrial, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2027."

The research offers an extensive analysis of key players active in the global Smart Lighting Market. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research.

The major companies profiled in the Smart Lighting Market include Acuity Brands, Inc., Cisco Systems, Inc., Cree, Inc., Eaton, Deco Lighting, Inc., Dialight, General Electric, Honeywell International Inc., Koninklijke Philips N.V., and Syska.

These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

Custom Research: https://www.alliedmarketresearch.com/request-for-customization/1029

Key Benefits from Smart Lighting Market Report 2021-2027:

 The report provides a qualitative and quantitative analysis of the current Smart Lighting Market trends, forecasts, and market size from 2021 to 2027 to determine new opportunities.

 Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.

 Top impacting factors & major investment pockets are highlighted in the research.

 The major countries in each region are analyzed and their revenue contribution is mentioned.

The market player positioning segment provides an understanding of the current position of the market players active in the Smart Lighting Market.

The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

COVID-19 Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Smart Lighting Market @ https://www.alliedmarketresearch.com/request-for-customization/1029?reqfor=covid

The report offers key drivers that propel the growth in the global Smart Lighting Market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

The research offers a detailed segmentation of the global Smart Lighting Market. Key segments analyzed in the research include type, applications, and geography. Extensive analysis of sales, revenue, growth rate, and market share of each segment for the historic period and the forecast period is offered with the help of tables.

The Smart Lighting Market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/1029

Key offerings of the report:

 Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.

 Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.

 Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.

 Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.

 Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

Smart Lighting Market Segments:

By Offering

• Hardware
• Software

By Connectivity Technology

• Bluetooth
• Zigbee
• WiFi
• DALI

By Lighting Technology

• LED
• Halogen
• Incandescent
• Fluorescent
• CFL

By Region

• North America

o U.S.
o Canada
o Mexico

• Europe

o UK
o Germany
o France
o Russia
o Rest of Europe

• Asia-Pacific

o China
o India
o Japan
o Australia
o Rest of Asia-Pacific

• LAMEA

o Latin America
o Middle East
o Africa

Read More at https://www.globenewswire.com/news-release/2020/02/26/1990983/0/en/Smart-Lighting-Market-to-Garner-38-68-Billion-by-2026-at-20-5-CAGR-AMR.html

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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