Press release
Smart Lighting Market Trends, Growth, Statistics, Key Players and Analysis by 2022-2027
According to IMARC Group's latest report, titled "๐๐ฆ๐๐ซ๐ญ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ, ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", the global smart lighting market size reached a value of US$ 11.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 35.5 Billion by 2027, exhibiting at a growth rate (CAGR) of 21.5% during 2022-2027.The Report offers a comprehensive analysis of the industry, which comprises insights on the global market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
Smart-lighting refers to a technology that enables efficient use of light resources with power-saving fixtures and offers automated controls. Smart-lighting products are mainly comprised of a wall keypad and touchscreen panel. The lightings can also be operated through a smartphone, tab, or laptop. Owing to these attributes, smart lighting system finds widespread application in commercial, industrial and residential sectors.
๐๐ฆ๐๐ซ๐ญ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ: https://www.imarcgroup.com/smart-lighting-market/requestsample
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
๐๐ฆ๐๐ซ๐ญ ๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Consistently rising energy consumption, along with the growing demand for electricity across the globe, is primarily driving the market growth. Furthermore, consumers are also increasingly adopting smart lighting products due to their cost efficiency and remote accessibility through smartphones and voice-command features, which in turn is providing a positive outlook to the market.
Besides this, Smart lighting serves as an essential tool in smart-city development since a significant number of public lamps run on high-intensity bulbs that use mercury and other material to operate, having detrimental effects on the environment. To combat this, governments across countries have started to equip existing tunnels, roads, and public areas with smart lighting equipment that works according to the occupancy and traffic on the road. All the above-mentioned factors are expected to further bolster the market growth in the coming years.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=1218&method=1
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The report has also analysed the competitive landscape of the market with some of the key players.
โข Philips Lighting
โข Acuity Brands
โข Osram
โข Cree
โข General Electric Company
โข Eaton
โข Honeywell
โข Legrand
โข Hubbell Lighting
โข Zumtobel Group
โข Hafele Group
โข Lutron Electronics
โข Wipro Consumer Care and Lighting
โข Vision
โข Virtual Extension
โข Syska LED
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
The report has categorized the market based on offering, communication technology, lnstallation type, light source and application.
Breakup by Offering:
โข Hardware
o Lights and Luminaires
o Lighting Controls
โข Software
โข Services
o Design and Engineering
o Installation
o Post-Installation
Breakup by Communication Technology:
โข Wired Technology
โข Wireless Technology
Breakup by Installation Type:
โข New Installation
โข Retrofit Installation
Breakup by Light Source:
โข LED Lamps
โข Fluorescent Lamps
โข Compact Fluorescent Lamps
โข High Intensity Discharge Lamps
โข Others
Breakup by Application:
โข Commercial
โข Residential
โข Public Infrastructure
โข Others
Breakup by Region:
โข North America
โข Europe
โข Asia Pacific
โข Middle East and Africa
โข Latin America
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ & ๐๐ข๐ฌ๐ญ ๐จ๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ: https://www.imarcgroup.com/request?type=report&id=1218&flag=C
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
๐๐๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข Market Performance (2016-2021)
โข Market Outlook (2022-2027)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ:
Disconnect Switch Market: https://www.imarcgroup.com/disconnect-switch-market
Brushless DC Motors Market: https://www.imarcgroup.com/brushless-dc-motors-market
Smart Irrigation Market: https://www.imarcgroup.com/smart-irrigation-market
Terrestrial Laser Scanning Market: https://www.imarcgroup.com/terrestrial-laser-scanning-market
Ball Valves Market: https://www.imarcgroup.com/ball-valves-market
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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