Press release
Global Outdoor LED Smart Lighting Solution Market is expected to grow at USD 8 Billion, at 12% of CAGR By 2022
Outdoor LED Smart Lighting Solution Market, By Component (Software, Hardware, Service), By Communication Technology (Wired, Wireless), By Application (Parking, Stadium, Waterways, Streetlight) - Forecast 2022.
The outdoor light emitting diode smart lighting market is developing a result of the ease of the LED and productive working of it. LEDs are little, strong lights which are to a great degree vitality proficient and enduring. The long existence of LED lights was at first appealing, notwithstanding, low shine and high cost implied that they were for the most part confined to use in dashboards. The new time with the web of things (IoT) gets the community oriented gushing of continuous information and computerized reasoning however the most striking element is that it empowers shoppers to settle on better choices accordingly sparing cash.
The worldwide outdoor LED smart lighting solution market is required to develop roughly at USD 8 Billion by 2022, approx.12% of CAGR in the vicinity of 2016 and 2022.
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Alongside innovation improvement in the digitized framework, open air outdoor LED smart lighting has developed throughout the years. Expanding utilization of this sort of arrangement can be found in sports stadium, engineering and diversion part. The reception of it is developing step by step. The division of it is done on the premise of segment, correspondence innovation and administration. Driven lighting capacity is to enhance add up to plant profitability. By LED lighting can spare time and costs, and furthermore give business knowledge information, lessen waste and redundancies, and improve plant operations. The advancement of the Internet of Things (IoT and Secure Sockets Layer (SSL) has changed the worldwide lighting market as producers have begun utilizing semiconductors set up of wires and gas to control keen lighting frameworks.
The outdoor LED smart lighting solution market is fragmented on the premise of segments, correspondence innovation and applications. The correspondence innovation fragment comprises of wired and remote. The new period with the Internet of Things (IoT) gets the collective spilling of continuous information and counterfeit consciousness however the most striking element is - it empower buyers to settle on better choices in this manner sparing cash. Remote system controlled frameworks carry savvy lighting with control methodologies, for example, errand tuning, sunshine collecting and planning to convey request based lighting enhanced for each zone.
Key Players:
• Philips Lighting Holding B.V. (Netherlands),
• Acuity Brands, Inc. (U.S.),
• General Electric (U.S.),
• Osram Licht AG (Germany),
• Honeywell International Inc. (U.S.),
• Cooper Industries, Inc. (U.S.),
• Schneider Electric SE (France),
• Digital Lumens, Inc. (U.S.),
• Streetlight. Vision (France),
• Lutron Electronics Company, Inc. (U.S.), among others.
Study Objectives of Outdoor LED Smart Lighting Solution Market
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the outdoor LED smart lighting solution market.
• To provide insights about factors affecting the market growth.
• To analyze the Storage in big data market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment on the basis of component, communication technology and application.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the outdoor LED smart lighting solution market.
Segments:
Outdoor LED smart lighting solution market for segment on the basis of component, communication technology and application.
Outdoor LED Smart Lighting Solution Market by Component:
• Software
• Hardware
• Service
Outdoor LED Smart Lighting Solution Market by Communication Technology:
• Wired
• Wireless
Outdoor LED Smart Lighting Solution Market by Application:
• Street Lighting
• Landscape Light
• Stadium
• Parking
• Waterways
• Others
Intended Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• LED Manufacturers
• Smart Lighting Solution Providers.
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Regional Analysis:
The regional analysis of outdoor LED smart lighting solution market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rapid evolution of IOT across different industries has driven the market of outdoor LED smart lighting solution market. North America’s dominance will be due to high adoption of technology and increasing effort to curb the hazardous impact of electricity consumption on the environment. However, the research report suggests that emerging economies of Asia Pacific and rest of the world will have lucrative opportunities in the global market. Europe is also one of the major dominant in the market because of the smart LED solutions in different application segments including commercial, industrial, outdoor and residential segment.
Continue…
We are thankful for the support and assistance from Outdoor LED Smart Lighting Solution Market Research Report- Forecast 2022 chain related technical experts and marketing experts during Research Team survey and interviews.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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