Asia Pacific Smart Lighting Market Applications, Types, New Technology – Opportunity Analysis And Forecast: 2024
Category: #reports  By Madhuri Pawar  Date: 2019-02-21
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Asia Pacific Smart Lighting Market Applications, Types, New Technology – Opportunity Analysis And Forecast: 2024

Asia Pacific Smart Lighting Market based on Component, Technology, Lighting Source, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 – 2024, set to reach USD 6 billion by 2024, according to a new research report by Graphical Research.

The Asia Pacific smart lighting market growth is attributed to the growing awareness regarding the benefits of energy-efficient lighting systems to meet the energy security challenges in the developing countries in the region. The government initiatives for offering cost-effective lighting solutions for the residential sector are expected to increase the demand for smart lighting solutions in the region over the forecast period.

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The light controls segment held a majority share of around 50% in the Asia Pacific smart lighting product market in 2017. The technological advancements in controls such as sensors, switches and routers, and LED drivers are expected to fuel the market growth during the forecast period. The sensors segment is expected to register the fastest growth between 2018 and 2024 due to the modern sensor technologies employed in smart lighting solutions to add enhanced control features for customers. The routers & gateways segment is projected to hold a majority share of the Asia Pacific smart lighting market by 2024.

India is expected to witness the fastest growth in the Asia Pacific smart lighting market at a CAGR of around 30% between 2018 and 2024. India’s energy consumption is anticipated to grow at 4.2 percent per year till 2035, which is faster than that of all the developed economies globally. India is the second largest energy consumer in Asia since 2008 with around 35 million street lights installed consuming 3,400 megawatts of energy. The demand for smart lighting systems in the country is expected to grow steadily over the forecast timeline.

Browse key industry insights from this report @
https://www.graphicalresearch.com/industry-insights/1014/asia-pacific-smart-lighting-market

Some of the key vendors in the Asia Pacific smart lighting market are GE Lighting, Silver Spring Networks, Schneider Electric, Cooper Industries (Eaton), Acuity Brands, Zumtobel, Cree, Bridgelux, Hubbell, Tvilight, and Philips Lighting.

Segments We Cover:

Asia Pacific Smart Lighting Market Size, By Component

  • Product
    • Luminaires
      • Smart Bulb
      • Fixtures
    • Light Control
      • Sensors
      • Switches & Dimmers
      • Relays
      • Router & Gateways
      • LED Driver & Ballasts
  • Technology
    • Wired
      • PLC
      • PoE
      • DALI
      • Hybrid
    • Wireless
      • Bluetooth
      • Zigbee
      • Wi-Fi
      • EnOcean
      • Hybrid

Asia Pacific Smart Lighting Market Share, By Lighting Source

  • LED
  • Fluorescent Lamp
  • CFL
  • HIDL

Asia Pacific Smart Lighting Market Forecast, By Application

  • Indoor Lighting
    • Residential
    • Commercial
    • Industrial
  • Outdoor Lighting
    • Highways & Roadways
    • Public Places
    • Bridges & Tunnels

The above information has been provided for the following regions and countries:

  • Asia Pacific
    • U.S.
    • Canada
    • China
    • India
    • Japan
    • South Korea
    • Australia & New Zealand (ANZ)
    • Singapore
    • Taiwan

Make an inquiry for purchasing this report @ https://www.graphicalresearch.com/request/1014/inquiry-before-buying

Related Reports:

  1. North America Smart Lighting Market Size By Component (Product, Technology), By Lighting Source (LED, Fluorescent Lamp, CFL (Compact Fluorescent Light), HIDL (High Intensity Discharge Lamp), By Application (Indoor Lighting [Residential, Commercial, Industrial], Outdoor Lighting [Highways & Roadways, Public Places, Bridges & Tunnels]), Industry Analysis Report, Regional Outlook (U.S., Canada), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
     
  2. Europe Smart Lighting Market Size By Component (Product [Luminaires, Light Control {Sensors, Switches & Dimmers, Relays, Router & Gateways, LED Driver & Ballasts}], Technology [Wired {PLC (Power Line Control), PoE (Power over Ethernet), DALI (Digital Addressable Lighting Interface), Hybrid}, Wireless {Bluetooth, Zigbee, Wi-Fi, EnOcean, Hybrid}]), By Lighting Source (LED, Fluorescent Lamp, CFL (Compact Fluorescent Light), HIDL (High Intensity Discharge Lamp), By Application (Indoor Lighting, Outdoor Lighting [Highways & Roadways, Public Places, Bridges & Tunnels]), Industry Analysis Report, Regional Outlook (UK, Germany, France, Italy, Spain, Netherlands), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: [email protected]
Web: https://www.graphicalresearch.com/
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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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