Smart Lighting Market Outlook, Industry Size, Share And Forecast 2025: Cisco Systems Inc., Eaton, Deco Lighting

The Business Research Company offers “Smart Lighting Global Market Report 2021 - By Product (Smart Bulbs, Fixtures, Lighting Controls), By Application (Commercial, Government, Residential), By Light Source (LED, HID), By Communication Technology (Wired, Wireless), COVID-19 Implications And Growth" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The smart lighting market report describes and explains the global smart lighting market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

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The smart lighting market consists of sales of smart lighting products and services used as a lighting medium for ensuring energy efficiency. The use of sensors for instances like automatic light dimming or adjusting the brightness of light depending on the mood of the user is one of the features of smart lighting. A smart lighting system ensures high-cost savings and lower energy usage.

The global smart lighting market is expected grow from $11.07 billion in 2020 to $12.62 billion in 2021 at a compound annual growth rate (CAGR) of 14%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.57 billion in 2025 at a CAGR of 16%.

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Some of the major players of the smart lighting market are Koninklijke Philips NV, Cree Inc., General Electricity Company, Acuity Brands Inc., Cisco Systems Inc., Eaton, Deco Lighting, Dialight.

The countries covered in the global smart lighting market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global smart lighting market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global smart lighting market is segmented -
1) By Product: Smart Bulbs, Fixtures, Lighting Controls
2) By Application: Commercial, Government, Residential, Others
3) By Light Source: LED, HID, Others
4) By Communication Technology: Wired, Wireless

Read More On The Global Smart Lighting Market Report:
https://www.thebusinessresearchcompany.com/report/smart-lighting-market-global-report-2020-30-covid-19-growth-and-change

Few Points From Table Of Content
1. Executive Summary
2. Smart Lighting Market Characteristics
3. Smart Lighting Market Trends And Strategies
4. Impact Of COVID-19 On Smart Lighting
5. Smart Lighting Market Size And Growth
.....
27. Smart Lighting Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Lighting Market
29. Smart Lighting Market Future Outlook And Potential Analysis
30. Appendix

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