Axisresearch
- Technology & Media
- IMARC GROUP
- 110 pages
- Published: 04-08-2019
The global smart lighting market was worth USD$ 7.9 Billion in 2018. Smart-lighting is a technology designed for efficient use of light resources with power saving fixtures and automated controls. This enables the user to adjust ambient lighting depending upon the occupancy or daylight availability. Smart-lighting products have applications in commercial, industrial and residential sectors and usually consists of a wall keypad and touchscreen panel. The lightings are also accessible through a smartphone application, making them easily controllable. Additionally, smart lighting systems enable users to change the colour and brightness of fixtures from anywhere around the globe. Smart lighting are an essential tool in smart-city development, since globally a significant number of public lamps run on high-intensity bulbs that use mercury and other material to operate, having detrimental effects on the environment.
The growth of the global smart-lighting market is primarily driven by the high demand of energy efficient lighting systems that provide better illumination while consuming less power. Additionally, factors such as modernization and development of infrastructure has facilitated the transformation of cities into smart-cities that has supported the growth of the smart lighting market. Individuals living in urban sectors prefer to invest in modular and intelligent lighting solutions instead of buying high-energy consuming lights. Moreover, the growing demand for lighting systems equipped with wireless and sensor technology has further favoured the growth of the market. Global plans for pooling lighting network with low power consuming sensors and lowering costs of previously expensive LEDs has also led to the market growth. Moreover, as a result of declining prices, smart-lights have also become affordable to the general population. Looking forward, the global smart lighting market is projected to witness a CAGR of around 20% during 2019-2024, reaching a value of 23.6 Billion by 2024.
IMARC Group’s latest report provides a deep insight into the global smart lighting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global smart lighting market in any manner.
Report Coverage:
Historical, Current and Future Market Trends
Breakup by Offering:
Hardware
Lights and Luminaires
Lighting Controls
Software
Services
Design and Engineering
Installation
Post-Installation
Breakup by Communication Technology:
Wired Technology
Wireless Technology
Breakup by Installation Type:
New Installation
Retrofit Installation
Breakup by Light Source:
LED Lamps
Fluorescent Lamps
Compact Fluorescent Lamps
High Intensity Discharge Lamps
Others
Breakup by Application:
Commercial
Residential
Public Infrastructure
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Philips Lighting, Acuity Brands, Osram, Cree, General Electric Company, Eaton, Honeywell, Legrand, Hubbell Lighting, Zumtobel Group, Hafele Group, Lutron Electronics, Wipro Consumer Care and Lighting, Streetlight.Vision, Virtual Extension, Syska LED, etc.
Key Questions Answered in This Report:
- How has the global smart lighting market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global smart lighting industry?
- What is the breakup of the global smart lighting market on the basis of offering?
- What is the breakup of the global smart lighting market on the basis of communication technology?
- What is the breakup of the global smart lighting market on the basis of installation type?
- What is the breakup of the global smart lighting market on the basis of light source?
- What is the breakup of the global smart lighting market on the basis of application?
- What are the various stages in the value chain of the global smart lighting market?
- What are the key driving factors and challenges in the global smart lighting market?
- What is the structure of the global smart lighting market and who are the key players?
- What is the degree of competition in the global smart lighting market?
| 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Properties 4.3 Key Industry Trends 5 Global Smart Lightning Market 5.1 Market Overview 5.2 Market Performance 5.3 Market Breakup by Offering 5.4 Market Breakup by Communication Technology 5.5 Market Breakup by Installation Type 5.6 Market Breakup by Light Source 5.7 Market Breakup by Application 5.8 Market Breakup by Region 5.9 Market Forecast 6 Market Breakup by Offering 6.1 Hardware 6.1.1 Market Trends 6.1.2 Market Forecast 6.1.2.1 Lights and Luminaires 6.1.2.1 Market Trends 6.1.2.2 Market Forecast 6.1.2.2 Lighting Controls 6.1.2.2.1 Market Trends 6.1.2.2.2 Market Forecast 6.2 Software 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Services 6.3.1 Market Trends 6.3.2 Market Forecast 6.3.2.1 Design and Engineering 6.3.2.1.1 Market Trends 6.3.2.1.2 Market Forecast 6.3.2.2 Installation 6.3.2.2.1 Market Trends 6.3.2.2.2 Market Forecast 6.3.2.3 Post-Installation 6.3.2.3.1 Market Trends 6.3.2.3.2 Market Forecast 7 Market Breakup by Communication Technology 7.1 Wired Technology 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Wireless Technology 7.2.1 Market Trends 7.2.2 Market Forecast 8 Market Breakup by Installation Type 8.1 New Installation 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Retrofit Installation 8.2.1 Market Trends 8.2.2 Market Forecast 9 Market Breakup by Light Source 9.1 LED Lamps 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Fluorescent Lamps 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Compact Fluorescent Lamps 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 High Intensity Discharge Lamps 9.4.1 Market Trends 9.4.2 Market Forecast 9.5 Others 9.5.1 Market Trends 9.5.2 Market Forecast 10 Market Breakup by Application 10.1 Commercial 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Residential 10.2.1 Market Trends 10.2.2 Market Forecast 10.3 Public Infrastructure 10.3.1 Market Trends 10.3.2 Market Forecast 10.4 Others 10.4.1 Market Trends 10.4.2 Market Forecast 11 Market Breakup by Region 11.1 Europe 11.1.1 Market Trends 11.1.2 Market Forecast 11.2 North America 11.2.1 Market Trends 11.2.2 Market Forecast 11.3 Asia Pacific 11.3.1 Market Trends 11.3.2 Market Forecast 11.4 Middle East and Africa 11.4.1 Market Trends 11.4.2 Market Forecast 11.5 Latin America 11.5.1 Market Trends 11.5.2 Market Forecast 12 SWOT Analysis 12.1 Overview 12.2 Strengths 12.3 Weaknesses 12.4 Opportunities 12.5 Threats 13 Value Chain Analysis 13.1 Overview 13.2 Research and Product Development 13.3 Raw Material/Component Providers 13.4 Original Equipment Manufacturers (OEMS) 13.5 Key Technology Providers/System Integrators 13.6 Threat of New Entrants 13.7 End Users 14 Porters Five Forces Analysis 14.1 Overview 14.2 Bargaining Power of Buyers 14.3 Bargaining Power of Suppliers 14.4 Degree of Competition 14.5 Threat of New Entrants 14.6 Threat of Substitutes 15 Global Smart lightning Industry: Price Analysis 16 Competitive Landscape 16.1 Market Structure 16.2 Key Players 16.3 Profiles of Key Players 16.3.1 Philips Lighting 16.3.2 Acuity Brands 16.3.3 Osram 16.3.4 Cree 16.3.5 General Electric Company 16.3.6 Eaton 16.3.7 Honeywell 16.3.8 Legrand 16.3.9 Hubbell Lighting 16.3.10 Zumtobel Group 16.3.11 Hafele Group 16.3.12 Lutron Electronics 16.3.13 Wipro Consumer Care and Lighting 16.3.14 Streetlight.Vision 16.3.15 Virtual Extension 16.3.16 Syska LED |
Market Breakup by Offering
- Hardware
- Software
- Services
Market Breakup by Communication Technology
Wired Technology
- Wireless Technology
Market Breakup by Installation Type
- New Installation
- Retrofit Installation
Market Breakup by Light Source
- LED Lamps
- Fluorescent Lamps
- Compact Fluorescent Lamps
- High Intensity Discharge Lamps
- Others
Market Breakup by Application
- Commercial
- Residential
- Public Infrastructure
- Others
Market Breakup by Region
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America