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US Lighting Control System Market (2022-2027) by Offering, End-Use Application, Communication Protocol, Application, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 186 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585566
The US Lighting Control System Market is estimated to be USD 4.19 Bn in 2022 and is projected to reach USD 7.7 Bn by 2027, growing at a CAGR of 12.94%.

Market dynamics are forces that impact the prices and behaviors of the US Lighting Control System Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Lighting Control System Market is segmented based on Offering, End-Use Application, Communication Protocol, and Application.
  • By Offering, the market is classified into Hardware, Software, and Services.
  • By End-Use Application, the market is classified into Indoor and Outdoor.
  • By Communication Protocol, the market is classified into Wired and Wireless.
  • By Application, the market is classified into Smart Cities, Automotive, Manufacturing, Media & Entertainment, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Acuity Brands Inc, Cisco Systems Inc, Cree Inc, Eaton Corp plc, General Electric Company, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Lighting Control System Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Lighting Control System Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Lighting Control System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Lighting Control System Market

What is the estimated value of the US Lighting Control System Market?

The US Lighting Control System Market was estimated to be valued at $4.19 Billion in 2022.

What is the growth rate of the US Lighting Control System Market?

The growth rate of the US Lighting Control System Market is 12.9%, with an estimated value of $7.7 Billion by 2027.

What is the forecasted size of the US Lighting Control System Market?

The US Lighting Control System Market is estimated to be worth $7.7 Billion by 2027.

Who are the key companies in the US Lighting Control System Market?

Key companies in the US Lighting Control System Market include Acuity Brands Inc, Cisco Systems Inc, Cree Inc, Eaton Corp plc, General Electric Company, Helvar, Honeywell International Inc, Hubbell Inc and Lutron Electronics.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Use of Led Lights and Luminaries in Outdoor Lighting Applications
4.1.2 Government Initiatives and Policies for Energy Savings
4.1.3 Growing Acceptance of Standard Protocols for Lighting Control Systems
4.2 Restraints
4.2.1 Security and Reliability Issues with Smart Homes
4.2.2 High Initial and Deployment Costs
4.3 Opportunities
4.3.1 Rapid Transition from Traditional Lighting Systems to Connected Lighting Solutions
4.3.2 Growing Inclination Toward Energy-Efficient Lighting Solutions
4.4 Challenges
4.4.1 Interoperability Issues Between Different Network Components
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Lighting Control System Market, By Offering
6.1 Introduction
6.2 Hardware
6.2.1 Led Drivers & Ballasts
6.2.2 Sensors
6.2.3 Switches Manual On/Off Switches Electronic Switches
6.2.4 Dimmers Wired Dimmers Wireless Dimmers
6.2.5 Relay Units
6.2.6 Gateways
6.3 Software
6.3.1 Local/Web-Based Software
6.3.2 Cloud-Based Software
6.4 Services
6.4.1 Professional Services
6.4.2 Installation and Maintenance Services
7 US Lighting Control System Market, By End-Use Application
7.1 Introduction
7.2 Indoor
7.3 Outdoor
8 US Lighting Control System Market, By Communication Protocol
8.1 Introduction
8.2 Wired
8.3 Wireless
9 US Lighting Control System Market, By Application
9.1 Introduction
9.2 Smart Cities
9.3 Automotive
9.4 Manufacturing
9.5 Media & Entertainment
9.6 Others
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Acuity Brands Inc
11.2 Cisco Systems Inc
11.3 Cree Inc
11.4 Eaton Corp plc
11.5 General Electric Company
11.6 Helvar
11.7 Honeywell International Inc
11.8 Hubbell Inc
11.9 Leviton Manufacturing Company Inc
11.10 Lutron Electronics
11.11 Osram Licht AG
11.12 Panasonic Corp
11.13 Schneider Electric SE
11.14 Signify Holding B.V
11.15 Synapse Wireless Inc
11.16 Toshiba Corp
11.17 Zumtobel Lighting Inc
12 Appendix
12.1 Questionnaire

Companies Mentioned

  • Acuity Brands Inc
  • Cisco Systems Inc
  • Cree Inc
  • Eaton Corp plc
  • General Electric Company
  • Helvar
  • Honeywell International Inc
  • Hubbell Inc
  • Leviton Manufacturing Company Inc
  • Lutron Electronics
  • Osram Licht AG
  • Panasonic Corp
  • Schneider Electric SE
  • Signify Holding B.V
  • Synapse Wireless Inc
  • Toshiba Corp
  • Zumtobel Lighting Inc