Press release
Smart LED Bulbs Market Insights, Competitive Research And Key Segments Report To 2030
Smart LED Bulbs Market
The smart LED bulbs market report describes and explains the global smart LED bulbs 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 LED bulbs market consists of sales of smart LED bulbs and related services that are used in indoor and outdoor lighting. The smart LED bulb establishments are primarily engaged in the manufacturing smart LED bulbs and required accessories. A smart bulb is an internet-enabled LED light bulb that allows the lighting to be personalized, programmed and regulated.
The global smart LED bulbs market is expected grow from $7.28 billion in 2020 to $9.13 billion in 2021 at a compound annual growth rate (CAGR) of 25.4%. 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 $18.85 billion in 2025 at a CAGR of 20%.
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Some of the major players of smart LED bulbs market are Legrand S.A., Acuity Brands, Inc., Eaton Corporation, General Electric Company, OSRAM Licht, Honeywell International Inc., Hubbell Incorporated, Koninklijke Philips N.V., Cree, Inc., Lutron Electronics, Zumtobel Group, Dialight PLC, Syska LED, Wipro Enterprise Ltd, ABB, TVILIGHT B.V., Helvar, Ideal Industries, Inc., Adesto Technologies, Panasonic, LightwaveRF PLC, RAB Lighting, Synapse Wireless, LG Electronics, Enlighted Inc, Leviton Manufacturing Company, Inc., Signify, Philips Lighting N.V., Schneider Electric Software LLC., SELC Ireland Limited, Silver Spring Networks.
The countries covered in the smart LED bulbs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the smart LED bulbs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global smart LED bulbs market is segmented –
1) By Technology: Wired Technology, Wireless Technology
2) By Application: Indoor Lighting, Outdoor Lighting
3) By Installation Type: New Installation, Retrofit
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Few Points From Table Of Content
1. Executive Summary
2. Smart LED Bulbs Market Characteristics
3. Smart LED Bulbs Market Trends And Strategies
4. Impact Of COVID-19 On Smart LED Bulbs
5. Smart LED Bulbs Market Size And Growth
....
26. Africa Smart LED Bulbs Market
27. Smart LED Bulbs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart LED Bulbs Market
29. Smart LED Bulbs Market Future Outlook and Potential Analysis
30. Appendix
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