Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Smart Lighting and Control Systems market. Market segmentation includes Connectivity (Wired, Wireless); Lighting Source (Light Emitting Diodes (LEDs), Fluorescent Lamps, Other Lighting Sources); Application (Commercial, Industrial, Government, Residential).
Smart lighting is an innovative concept in the world of lighting representing an environment that is controlled by intelligent luminaires and lighting control systems. Smart lighting refers to an energy efficient lighting product, wherein the light control is adjusted based on the needs of users and as per the regulations. Driven by their energy efficiency, advances in sensor and electronics segments, evolution of wireless technology, supportive government policies and the transition away from incandescent lamps, the smart lighting systems market globally is slated to post an incredible growth in the coming years. The concept of smart lighting is anticipated to also gain a significant traction owing to growing population and rapid expansion of infrastructure facilities globally. Green buildings, which are buildings with improved efficiency and effective lifecycle, are increasingly integrating smart lighting systems. The demand for smart lighting systems is also benefiting from government efforts to promote smart city projects, which focus on adoption of energy efficient and connected, or IoT based lighting systems. Furthermore, government directives regarding energy consumption and initiatives to encourage implementation of smart systems are expected to boost demand and provide lucrative revenue-generating opportunities for luminaire manufacturers. However, growth in the smart lighting and control systems market is being impeded by privacy issues and security concerns related to use of advanced technologies in lighting components.
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. The views, opinions and findings presented are based on validated engagements from a total executive pool size of 5099. Among this pool, 816 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 153 unique participations, a total of 69 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
Key Competitors Covered in the Report -
Honeywell International, Inc.
General Electric Company
Koninklijke Philips NV
Eaton Corporation PLC
Belkin international, Inc.
Lutron Electronics Co., Inc.
Lifi Labs, Inc.
Segments Covered in the Report -
Lighting Source (Light Emitting Diodes (LEDs), Fluorescent Lamps, Other Lighting Sources)
Connectivity (Wired, Wireless)
Application (Commercial, Industrial, Government, Residential)
Geographies Analyzed in the Report -
Rest of Europe
Rest of World.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world`s only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.