Intelligent Lighting Controls Market 2022 Overview, Sales, Revenue, And Forecast To 2028

An automated technology known as an intelligent lighting control system uses a network of connected lighting fixtures to regulate illumination. Intelligent lighting control solutions increase performance, customer value, and energy savings. These systems have several uses in a variety of industries, including those for automobiles, homes, and many other systems like airplanes and cars.

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Competitive Analysis:

Some of the market players in the market are:
● PANASONIC CORPORATION
● ACUITY BRANDS, INC.
● CISCO SYSTEMS, INC.
● EATON CORPORATION
● HONEYWELL INTERNATIONAL INC.
● OSRAM (AMS AG)
● GENERAL ELECTRIC
● KONINKLIJKE PHILIPS N.V.
● SIEMENS AG
● CREE, INC.

Multiple lighting fixtures, moveable illumination sensors, and power meters connected to a network make intelligent lighting controls, which provide autonomous lighting management based on user requirements. They contribute to lessening electricity waste by turning off the lights when a space is empty. By taking into account natural light and lowering the need for artificial lighting, they provide greater visual comfort. As a result, intelligent lighting controls are used in the home, business, and industrial sectors worldwide.

One of the major factors favorably affecting the market is the growing adoption of affordable and energy-efficient lighting solutions. Conventional lighting controls also have a number of shortcomings, including a manual on/off switching, subpar control effectiveness, and a sizable time delay when used individually. Intelligent lighting controls, on the other hand, combine light-emitting diodes (LEDs) with information and communications technologies (ICTs), such as wireless networks and sensors, to produce effective and healthy illumination. Additionally, it is possible to control lighting to mimic occupancy in a facility, which can assist dissuade burglars.

Additionally, sensors can create a visual alarm by illuminating areas that are moving. Aside from this, LED streetlights are becoming more popular since they assist in lower operations and maintenance (O&M) expenses by allowing for the quick detection of streetlight malfunctions.

Additionally, they have considerable environmental advantages because they use less energy and produce fewer carbon emissions from truck rolls. This presents profitable growth potential to market players, together with the increasing replacement of conventional lighting with LED bulbs. Other elements, such as advancing technology and the rise in smart city initiatives globally, are anticipated to support the market's expansion.

Division Segment:

It is divided based on type into sensors, ballasts and LED drivers, microcontrollers, dimmers and switch actuators, transmitters and receivers, among others. Ballasts and LED drivers will continue to expand through 2027, which is attributed to their growing use in commercial buildings for energy control and lighting maintenance. Electronic ballasts are being used more frequently to satisfy the demands of personal lighting control as a result of the increasing number of experimental research projects involving them.

The accessibility of a wide variety of LEDs will serve as a positive trend for market growth. The market is divided into wired and wireless connectivity types. Smart cities, automotive, manufacturing, commercial, residential buildings, media & entertainment, and other applications are separated by application. A number of major players in the intelligent lighting controls market are, Acuity Brands, Honeywell, Panasonic Corporation, Cisco, OSRAM, Cree, Inc., Eaton, GE Lighting, Philips, and Siemens. To increase their market penetration, these important firms have implemented methods like product portfolio growth, mergers and acquisitions, partnerships, geographic expansion, and collaborations.

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Regional analysis:

The market for intelligent lighting controls in North America is anticipated to experience notable growth, driven by the expansion of laws that must be followed. The need for efficient electricity use has increased as a result of growing concerns about minimizing CO2 emissions. Additionally, the market outlook will be improved by the rise in energy performance contracts along with the region's constant need for a variety of energy services in buildings.

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This release was published on openPR.