Smart
lighting solutions are offered by coupling various lighting types
powered with different control components and connecting technology.
Smart lighting solutions enable remote controlling of lighting
systems using wired or wireless technologies. The smart lighting
market is primarily driven by the increasing demand for energy
efficient lighting systems for reducing energy consumption cost.
Moreover, technological advancements of sensors and wireless
technologies in the field of smart lighting is driving the growth of
smart lighting market. In addition, LED based smart lighting
solutions is aiding the growth of this market.
Browse
Smart Lighting Market Report with Full TOC at
http://www.transparencymarketresearch.com/smart-lighting-market.html
The
global smart lighting market is expected to witness a significant
growth during the forecast period. This is due to the increasing
adoption of smart lighting solution across various application
segments such as industrial, commercial, public and government
buildings. In addition, incorporation of smart lightings in various
outdoor lighting and residential buildings is further aiding the
growth of smart lighting market. Presently, commercial and industrial
segment holds the majority of the market share and is expected to
dominate the market during the forecast period from 2014 to 2020.
However, the residential application of smart lighting has the
highest growth potential of smart lighting in the next few years.
Moreover, increasing demand for smart lightings for implementation in
smart streetlights for remote monitoring and automated lighting
systems is aiding the growth of the market.
Replacement
of traditional inefficient lighting systems with sensors enabled
automated lighting systems is creating new opportunities for the
smart lighting manufacturers globally. Moreover, LED lamps replacing
traditional incandescent lamps are creating new opportunities in the
market. Regionally, Europe has the highest penetration for smart
lighting are they are the early adapters of technology. However, the
Asia Pacific region is expected to show the highest growth rate due
to the presence of developing nations like India and China.
This
market research study analyzes the smart lighting market on a global
level, and provides estimates in terms of revenue (USD billion) from
2014 to 2020. It recognizes the drivers and restraints affecting the
industry and analyzes their impact over the forecast period.
Moreover, it identifies the significant opportunities for market
growth in the coming years.
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The
report segments the market on the basis of geography as North
America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW),
and these have been estimated in terms of revenue (USD billion). In
addition, the report segments the market based on the component type,
which include relays, controllable breakers, sensors, switch
actuators, dimmer actuators and others. By lighting types, the market
is segmented into LED lamps, fluorescent lamp, compact fluorescent
lamp, high intensity discharge lamp and others. It also segments the
market on the basis of application as commercial & industrial,
residential, outdoor lighting, public & government buildings and
others. All these segments have also been estimated on the basis of
geography in terms of revenue (USD billion).
For
better understanding of the smart lighting market, we have given a
detailed analysis of the supply chain. A detailed Porter’s five
forces analysis has been given for a better understanding of the
intensity of the competition present in the market. Furthermore, the
study comprises a market attractiveness analysis, where the
applications are benchmarked based on their market scope, growth rate
and general attractiveness.
The
report provides company market share analysis of various industry
participants. The key players have also been profiled on the basis of
company overview, financial overview, business strategies, and the
recent developments in the field of smart lighting. Major market
participants profiled in this report include Honeywell International
Inc., Legrand SA, Lutron Electronics Company Inc., Osram Licht AG and
Royal Philips N.V among others.
Smart
Lighting Market: By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Smart
Lighting Market: By Component
- Relays
- Controllable Breakers
- Sensors
- Switch Actuators
- Dimmer Actuators
- Others
Smart
Lighting Market: By Lighting Type
- LED Lamps
- Fluorescent Lamp
- Compact Fluorescent Lamp
- High Intensity Discharge Lamp
- Others
Smart
Lighting Market: By Application
- Commercial & Industrial
- Residential
- Outdoor Lighting
- Public & Government Buildings
- Others
The
report provides a cross-sectional analysis of all the above segments
with respect to the following regions:
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
Browse
Press Release Of Smart Lighting Market
http://www.transparencymarketresearch.com/pressrelease/smart-lighting-market.htm
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