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The smart lighting market is forecasted to grow by USD 17,200.24 mn during 2022-2027, accelerating at a CAGR of 16.88% during the forecast period. The report on the smart lighting market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of smart lighting, increasing adoption of LEDs, and rising need for light dimming.
The smart lighting market is segmented as below:
By Application
- Commercial
- Residential
- Public infrastructure
- Others
By Component
- Hardware
- Software
- Services
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the smart lighting market covers the following areas:
- Smart lighting market sizing
- Smart lighting market forecast
- Smart lighting market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global smart lighting market: Current Lighting Solutions LLC., Eaton Corp. Plc, Helvar Merca Oy Ab, Honeywell International Inc., Hubbell Inc., Legrand SA, Leviton Manufacturing Co. Inc., Lightwaverf Technology Ltd., Lutron Electronics Co. Inc., OSRAM Licht AG, RAB lighting Inc., Savant Systems Inc., Siemens AG, Signify NV, Synapse Wireless Inc., Wipro Ltd., Zumtobel Group AG, Acuity Brands Inc., Dialight Plc, and IDEAL INDUSTRIES Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is advent of IoT.'
According to the report, one of the major drivers for this market is the emergence of smart lighting.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Current Lighting Solutions LLC.
- Eaton Corp. Plc
- Helvar Merca Oy Ab
- Honeywell International Inc.
- Hubbell Inc.
- Legrand SA
- Leviton Manufacturing Co. Inc.
- Lightwaverf Technology Ltd.
- Lutron Electronics Co. Inc.
- OSRAM Licht AG
- RAB lighting Inc.
- Savant Systems Inc.
- Siemens AG
- Signify NV
- Synapse Wireless Inc.
- Wipro Ltd.
- Zumtobel Group AG
- Acuity Brands Inc.
- Dialight Plc
- IDEAL INDUSTRIES Inc.