Smart Lighting Market 2017 : Top Manufactures, Industry Set For Rapid Growth and Trend by 2023

Market Scenario

Major giants like Philips Lighting (Netherlands), Acuity Brands Lighting, Inc. (U.S.), General Electric Company (U.S.), OSRAM Licht AG (Germany) and Honeywell International (U.S.) are concentrating on the smart lighting market due to increasing development of smart cities and growing need for energy efficient solutions for the same. Philips Lighting has come up with new solutions for smart lighting by embedding ZigBee communication chips inside the LED ceiling lights and luminaries which will help in reducing the energy consumption by controlling the lighting in an intelligent manner. Increasing demand for smart lighting solutions is one major factor driving the growth of smart lighting market. Cost effectiveness is another major factor responsible for fueling the growth of smart lighting market.

Europe region holds the largest market share of global Smart Lighting Market followed by North America and Asia Pacific regions. The growth is Europe region is mainly dominated by France, UK and Germany and is attributed to the increasing demand for energy efficient solutions in the region. The region also has a well-established infrastructure which allows implementation of advanced technologies. Also the shifted focus to connected homes is one major factor responsible for driving the growth of smart lighting market in North America region.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/960

Smart lighting market has been segmented on the basis of component, product type, light source, communication technology and application. The light source segment is bifurcated into Light emitting diode (LED, fluorescent lamp (FL) and high intensity discharge lamps (HID). Out of which, the LED light source sub segment is expected to grow at the highest arte during the forecast period. The growth is attributed to the factors like low power consumption rate and also lower maintenance costs compared to other light source types.

The global Smart Lighting Market is expected to grow at approx. USD 25 Billion by 2023, at 27% of CAGR between 2017 and 2023.

Key Players

The prominent players in smart lighting market are – Philips Lighting Holding B.V. (The Netherlands), Acuity Brands Lighting, Inc. (U.S.), General Electric Company (U.S.), Osram Licht AG (Germany), Honeywell International Inc. (U.S.), Legrand S.A. (France), Schneider Electric SE (France), CREE, Inc. (U.S.), Cooper Industries, Inc. (Ireland), Digital Lumens, Inc. (U.S.) and others.

Segments:

Smart Lighting market can be segmented on the basis of following:

By Component

  • Software
  • Service

By Product Type

-Luminaries

  • Smart Bulbs
  • Fixtures

-Lighting Controls

  • Sensors
  • Switches & Dimmers
  • Relay Units
  • Gateways
  • LED drivers & Ballasts

-By Light Source

  • Light Emitting Diode (LED)
  • Fluorescent Lamps (FL)
  • High Intensity Discharge Lamps (HID)

By Communication Technology

-Wired

  • Power Line Communication
  • Power Over Ethernet
  • Digital Addressable Lighting Interface
  • Wired Hybrid Protocols
  • Others

            -LonWorks

            -KNX

            -Proprietary Protocols

-Wireless

  • Enocean
  • Wi-Fi
  • ZigBee
  • Wireless Hybrid Protocols
  • Bluetooth
  • 6lowpan
  • Others

By Application

-Indoor Lighting

  • Residential
  • Commercial
  • Industrial
  • Others

-Outdoor Lighting

  • Architectural Lighting
  • Lighting at Public Places
  • Highways & Roadways Lighting
  • Others

Regional Analysis:

The regional analysis of smart lighting market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that Europe is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in smart lighting market in Europe is attributed to technical advancements and increasing investments in infrastructure modernization projects in that region. The growth in Europe is followed by North America region.

Get Complete Report @ https://www.marketresearchfuture.com/reports/global-smart-lighting-market-960

Intended Audience

  • Technology investors
  • Research/Consultancy firms
  • Technology providers
  • Residential end-users
  • Commercial end-users
  • Industrial end-users
  • Government bodies

TABLE OF CONTENTS

1    Market Introduction

1.1    Introduction   

1.2    Scope Of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3    Market Structure

2    Research Methodology

2.1    Research Component

2.2    Primary Research

2.3    Secondary Research

2.4    Forecast Model

2.4.1    Market Data Collection, Analysis & Forecast

2.4.2    Market Size Estimation

3    Market Dynamics

3.1    Introduction

3.2    Market Drivers

3.3    Market Challenges

3.4    Market Opportunities

3.5    Market Restraints

4    Executive Summary

  1. Market Factor Analysis

5.1    Porter’s Five Forces Analysis

5.2    Supply Chain Analysis

Continued…

List Of Figures

Figure 1    Research Type

Figure 2    Smart Lighting Market, By Component

Figure 3    Smart Lighting Market, By Product Type

Figure 4    Smart Lighting Market, By Light Source

Figure 5    Smart Lighting Market, By Communication Technology

Figure 6    Smart Lighting Market, By Application

Figure 7    Smart Lighting Market, By Region

Figure 8    North America Smart Lighting Market, By Component

Figure 9    North America Smart Lighting Market, By Product Type

Figure 10    North America Smart Lighting Market, By Light Source

Figure 11    North America Smart Lighting Market, By Communication Technology

Figure 12    North America Smart Lighting Market, By Application

Figure 13    North America Smart Lighting Market, By Region

Figure 14    U.S. Smart Lighting Market, By Component

Figure 15    U.S. Smart Lighting Market, By Product Type

Figure 16    U.S. Smart Lighting Market, By Light Source

Figure 17    U.S. Smart Lighting Market, By Communication Technology

Continued…

About Us:

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:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

 

Leave a Reply

Your email address will not be published. Required fields are marked *