Press release
Smart Lighting 2017 Global Market Challenge, Driver, Trends & Forecast to 2021
Intelligent lighting systems are being widely touted as the future of the lighting industry. With the massive proliferation of lighting fixtures such as LEDs and others in the market, the smart lighting industry is set to dominate a plethora of applications ranging from commercial to outdoor applications. The market for global Smart Lighting is expected to reach up to $ 59.973 billion by the end of the forecasted period and is expected to grow at a CAGR of ~19-21%.
The major factors contributing to the growth of the Smart Lighting market are driven by continuously declining average selling price (asp) of led bulbs and influx of smart apps, internet of things and remote access & control by software providers.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Lighting Market Research Report - Forecast to 2021”.
Smart Lighting Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Aura Lights(Sweden),
• Cree (US),
• Crompton Greaves (India),
• Digital Lumens (US),
• Eyelighting International (US),
• Ge Lighting (US),
• Havells Sylavania (India),
• Koninkiljke Philips Nv (Netherland),
• Ledzed (Finland),
• Lemnis Lighting (Netherland)
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Key Findings:
The Europe Smart Lighting market is expected to report the highest CAGR during the forecasted period among all the regions; whereas, Asia Pacific will remain the largest market in 2021.
By application of Smart Lighting , the commercial applications is expected to witness highest CAGR of during the forecasted period
In terms of components, sensors had the largest share in the global Smart Lighting market, and it is expected to grow at the highest CAGR among all the materials during the forecast period
Segments:
Global Smart Lighting market has been segmented on the basis of lighting type which comprises of led, fluorescent lights, compact fluorescent lamps, and high intensity discharged lamps. The Smart Lighting market is further divided into components which include sensors, relays and timers, actuators and ballasts. On the basis of application which consists of commercial applications, residential applications, other applications (smart street lighting, institutional, etc.)
For further information on this report, visit @ https://www.marketresearchfuture.com/reports/global-smart-lighting-market
The report for Global Smart Lighting Markets of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
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