The Global Smart Lighting market accounted for US$ 10.55 Bn in 2015 and is expected to grow at a CAGR of 17.1% during the forecast period 2016 – 2025, to account for US$ 51.05 Bn in 2025.
The key factors driving the smart lighting market include growing awareness towards energy conservation, the long life span of LEDs and OLEDs, the rising popularity of wireless technology coupled with changing lifestyle, and decreasing price of LED lighting. At present, light is considered to consume approximately 20% of electricity production and 5% of CO2 emissions globally. At the same time, traditional lighting is accounted for the majority of electricity production in comparison to the latest LED lighting technology.
An exclusive Smart Lighting Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Smart Lighting Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Smart Lighting Market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Get Sample Copy of this Report at: https://www.theinsightpartners.com/sample/TIPTE100000112/
Leading Smart Lighting Market Players:
- Koninklijke Philips N.V.
- Eaton Corporation PLC.
- Honeywell International Inc.
- Acuity Brands Lighting, Inc.
- Lutron Electronics Company Inc.
- Digital Lumens, Inc.
- Legrand SA
- General Electric Company
- Osram Licht AG
Worldwide Smart Lighting Market Analysis to 2025 is a specialized and in-depth study of the Smart Lighting Market with a focus on the global market trend. The report aims to provide an overview of global Smart Lighting Market with detailed market segmentation by product/application and geography. The global Smart Lighting Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Air Cargo players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Lighting Market based on product and application. It also provides market size and forecast till 2025 for overall Smart Lighting Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
Purchase This Report: https://www.theinsightpartners.com/buy/TIPTE100000112/
Also, key Smart Lighting Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Smart Lighting Market - Highlights key business priorities in order to assist companies to realign their business strategies. - The key findings and recommendations highlight crucial progressive industry trends in the Smart Lighting Market, thereby allowing players to develop effective long term strategies. - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
The Insight partners,