Global Intelligent Lighting Controls Market
Global Intelligent Lighting Controls Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of XX % during a forecast period.
Global Intelligent Lighting Controls Market
The intelligent lighting control system includes multiple lighting fixtures, which are connected in a network to control lighting. It also improves energy efficiency, performance, and customer value. The evolution of smart technology has significantly changed the lighting industry in terms of energy, money-saving and enhanced the safety and convenience of the end-users. With an introduction of smart technologies in the lighting industry, many opportunities have opened for the key players of several industry verticals, which includes control systems, dimmers, and software-based solutions and sensors.
An increase in electricity prices across the globe, integration of physical security industry with intelligent lighting, shifting paradigm of lighting control industry to electronics industry are some of the driving factors behind the growth of the global intelligent lighting controls market. In many regions across the globe, the government has formulated regulations in order to efficiently utilize and manage electricity consumption. Some of the regulations include China’s five-year plan targets for energy efficiency projects and European 2020 energy targets, which are expected to reach net-zero energy consumption in public and private buildings. Such regulations are expected to boost the adoption of intelligent lighting controls during the forecast period.
On the other hand, the installation cost for intelligent lighting controls is high, which increases the payback period and limiting the adoption of intelligent lighting controls in numerous regions. Furthermore, Key opportunities like the growth of smart homes and wireless lighting control systems are expected to drive market growth during the forecast period.
The Sensors are expected to grow at a XX % rate of CAGR during the forecast period. The demand for sensors is increasing because of its features like dimming, light on demand, and long lamp life, which is also expected to increase the performance of devices.
Region-wise, The Asia Pacific region is projected to be a leading region in the global intelligent lighting controls market. The leading position in the market can be attributed to the increase in government investments for developing smart homes in developing countries like China and India. A high rate of production and the consumption of global lighting products in China are also attracting foreign key players to invest in the country.
Leading global intelligent lighting controls market key players are focusing on the manufacturing process of lighting systems, which can be easily retrofitted to existing retail, commercial and industrial buildings. For instance, in 2018, Honeywell introduces a suite of next-generation energy management software, smart lighting, voice controls, and safe cloud communication systems. With the introduction of technologies, the healthcare industry can fully integrate energy management, , property management, brand network operations, safety & security systems.
The objective of the report is to present comprehensive analysis of global intelligent lighting controls market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding global intelligent lighting controls market dynamics, structure by analysing the market segments, and project the global intelligent lighting controls market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the global intelligent lighting controls market make the report investor’s guide.
The Scope of the Report for Global Intelligent Lighting Controls Market
Global Intelligent Lighting Controls Market, By Component Type
• Sensors
• Ballasts and LED Drivers
• Microcontrollers
• Dimmers and Switches Actuators
• Transmitters and Receivers
• Intelligent Luminaries
Global Intelligent Lighting Controls Market, By Connectivity Type
• Wired
o Building Automation & Control Network (BACnet)
o Digital Addressable Lighting Interface (DALI)
o Power Line Communication (PLC)
o Proprietary Control
• Wireless
o EnoCean
o ZigBee
o Bluetooth
o Wi-Fi
Global Intelligent Lighting Controls Market, By Light Source
• Fluorescent Lamp (FL)
• Light Emitting Diode (LED)
• High Intensity Discharge (HID) Lamps
Global Intelligent Lighting Controls Market, By End User
• Residential
• Commercial
• Industrial
• Hospitality
• Automotive
• Others
Global Intelligent Lighting Controls Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Intelligent Lighting Controls Market
• Acuity Brands Inc.
• Lutron Electronics Co. Inc.
• Osram GmbH
• Philips Lighting
• Schneider Electric
• Honeywell International Inc.
• Hubbell Incorporated
• Legrand
• Leviton Manufacturing Co. Inc.
• LSI Industries Inc.
• Control4 Corporation
• Cree Inc.
• Eaton Corporation PLC
• Enlighted Inc.
• General Electric Company
This Report Is Submitted By @ Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact Us:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH
Email: sales@maximizemarketresearch.com
Contact: +91 9607365656
Global Intelligent Lighting Controls Market
The intelligent lighting control system includes multiple lighting fixtures, which are connected in a network to control lighting. It also improves energy efficiency, performance, and customer value. The evolution of smart technology has significantly changed the lighting industry in terms of energy, money-saving and enhanced the safety and convenience of the end-users. With an introduction of smart technologies in the lighting industry, many opportunities have opened for the key players of several industry verticals, which includes control systems, dimmers, and software-based solutions and sensors.
An increase in electricity prices across the globe, integration of physical security industry with intelligent lighting, shifting paradigm of lighting control industry to electronics industry are some of the driving factors behind the growth of the global intelligent lighting controls market. In many regions across the globe, the government has formulated regulations in order to efficiently utilize and manage electricity consumption. Some of the regulations include China’s five-year plan targets for energy efficiency projects and European 2020 energy targets, which are expected to reach net-zero energy consumption in public and private buildings. Such regulations are expected to boost the adoption of intelligent lighting controls during the forecast period.
On the other hand, the installation cost for intelligent lighting controls is high, which increases the payback period and limiting the adoption of intelligent lighting controls in numerous regions. Furthermore, Key opportunities like the growth of smart homes and wireless lighting control systems are expected to drive market growth during the forecast period.
The Sensors are expected to grow at a XX % rate of CAGR during the forecast period. The demand for sensors is increasing because of its features like dimming, light on demand, and long lamp life, which is also expected to increase the performance of devices.
Region-wise, The Asia Pacific region is projected to be a leading region in the global intelligent lighting controls market. The leading position in the market can be attributed to the increase in government investments for developing smart homes in developing countries like China and India. A high rate of production and the consumption of global lighting products in China are also attracting foreign key players to invest in the country.
Leading global intelligent lighting controls market key players are focusing on the manufacturing process of lighting systems, which can be easily retrofitted to existing retail, commercial and industrial buildings. For instance, in 2018, Honeywell introduces a suite of next-generation energy management software, smart lighting, voice controls, and safe cloud communication systems. With the introduction of technologies, the healthcare industry can fully integrate energy management, , property management, brand network operations, safety & security systems.
The objective of the report is to present comprehensive analysis of global intelligent lighting controls market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding global intelligent lighting controls market dynamics, structure by analysing the market segments, and project the global intelligent lighting controls market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the global intelligent lighting controls market make the report investor’s guide.
The Scope of the Report for Global Intelligent Lighting Controls Market
Global Intelligent Lighting Controls Market, By Component Type
• Sensors
• Ballasts and LED Drivers
• Microcontrollers
• Dimmers and Switches Actuators
• Transmitters and Receivers
• Intelligent Luminaries
Global Intelligent Lighting Controls Market, By Connectivity Type
• Wired
o Building Automation & Control Network (BACnet)
o Digital Addressable Lighting Interface (DALI)
o Power Line Communication (PLC)
o Proprietary Control
• Wireless
o EnoCean
o ZigBee
o Bluetooth
o Wi-Fi
Global Intelligent Lighting Controls Market, By Light Source
• Fluorescent Lamp (FL)
• Light Emitting Diode (LED)
• High Intensity Discharge (HID) Lamps
Global Intelligent Lighting Controls Market, By End User
• Residential
• Commercial
• Industrial
• Hospitality
• Automotive
• Others
Global Intelligent Lighting Controls Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Intelligent Lighting Controls Market
• Acuity Brands Inc.
• Lutron Electronics Co. Inc.
• Osram GmbH
• Philips Lighting
• Schneider Electric
• Honeywell International Inc.
• Hubbell Incorporated
• Legrand
• Leviton Manufacturing Co. Inc.
• LSI Industries Inc.
• Control4 Corporation
• Cree Inc.
• Eaton Corporation PLC
• Enlighted Inc.
• General Electric Company
This Report Is Submitted By @ Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact Us:
Name: Lumawant Godage
Organization: MAXIMIZE MARKET RESEARCH
Email: sales@maximizemarketresearch.com
Contact: +91 9607365656
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