openPR Logo
Press release

Smart Lighting Market Laminar Growth to be Witnessed by 2024

07-11-2017 12:44 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Smart Lighting Market Laminar Growth to be Witnessed by 2024

With the rising concern of greenhouse emissions and energy conservation globally, lighting industry is in a phase of transformation in coming years. Technological advancements for intelligent control systems having features such as automated light control (daylight/natural), color temperature, occupancy, and movement, among the other parameters would increase opportunities for players in the market. “Smart Lighting” systems provide customers the ease of use, cost-effective, less complex, and energy efficient systems and are thus, expected to grow in coming years.

To View Complete Report @ : http://www.persistencemarketresearch.com/market-research/smart-lighting-market.asp

The key parameters for segmenting the market include by type, component, application, and technology used. Further the classification on basis of type includes fluorescent lamps, LED lamps, and High intensity discharge lamps. The categorization according to the application focusses commercial, residential, and industrial sector. The segment component type can be further sub-segmented as controllers, chipsets, sensors, and others will define the market.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3892

Factors such as eradication of incandescent lamps, evolution of wireless technology, developments in sensor and electronics sector are driving the demand of the market. Among various solutions for smart lighting, use of LED is preferred by the customers. The advancements in technologies such as HID lamps and LED bulbs would grow the market.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/3892

By geography, the market has Europe as a major contributor with Asia-Pacific and North America as growing markets. The key players of the market include names such as Konjnklijke Philips N.V., Osram GmbH, Lutron Electronics Co. Inc., Legrand S.A., among the others which provide solutions for ease of use to the customers.

About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Lighting Market Laminar Growth to be Witnessed by 2024 here

News-ID: 618100 • Views:

More Releases from Persistence Market Research

Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by Rising Demand for Reliable Power Supply
Power Quality Equipment Market Size to Reach US$54.2 Billion by 2032, Driven by …
Market Overview The global power quality equipment market is witnessing significant growth as industries, utilities, and commercial sectors increasingly emphasize uninterrupted and reliable electricity supply. According to Persistence Market Research's projections, the market size is expected to be valued at US$35.8 billion in 2025 and is projected to reach US$54.2 billion by 2032, expanding at a CAGR of 6.1% during the forecast period. This growth is fueled by rapid industrialization, rising
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Expanding Industrial Applications and Demand for High-Performance Bonding Solutions
Anaerobic Adhesives Market Size to Reach US$894.5 Million by 2031, Driven by Exp …
Market Overview The global anaerobic adhesives market is experiencing steady growth as industries increasingly adopt advanced bonding solutions that enhance durability, reliability, and performance. According to Persistence Market Research's projections, the market is estimated to rise from US$613.9 million in 2024 to US$894.5 million by 2031, expanding at a CAGR of 5.5% during the forecast period. This growth is fueled by the rising demand from sectors such as automotive, aerospace, electronics,
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand for Functional and Durable Fabrics
Textile Coatings Market Size to Reach US$6.8 Billion by 2031, Fueled by Demand f …
Market Overview The global textile coatings market is witnessing steady growth, driven by the rising demand for functional, durable, and performance-enhancing fabrics across industries such as automotive, construction, healthcare, and fashion. According to Persistence Market Research's projections, the market is estimated to increase from US$4.8 billion in 2024 to US$6.8 billion by 2031, expanding at a CAGR of 5.0% during the forecast period. This growth is underpinned by the increasing adoption
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Efficient Lighting Demand
Architectural LED Products Market to Reach $23.6 Bn by 2032 Driven by Energy-Eff …
The global architectural LED products market is poised for substantial expansion over the next decade. Valued at approximately USD 12.5 billion in 2025, the market is projected to reach USD 23.6 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.4% during the forecast period from 2025 to 2032. This growth trajectory underscores the increasing adoption of LED technologies across residential, commercial, and industrial sectors, driven by

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency