Smart Lighting Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024
Category: #world  By Ashwin Naphade  Date: 2019-01-28
  • share
  • Twitter
  • Facebook
  • LinkedIn

Smart Lighting Market - Detailed Analysis of Current Industry Figures with Forecasts Growth By 2024

The newly released research at Market Study Report titled “2018-2024 Global Smart Lighting Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

Some of the key players operating in the connected lighting market are Bridgelux, Acuity Brands, Cree, Echelon, Cooper Industries (Eaton), OSRAM, Digital Lumens, Honeywell, GE Lighting, Hubbell, Philips Lighting, Legrand, Schneider Electric, Zumtobel, Lutron, Secil, Silver Spring Networks and Tvilight.

Request a sample of this premium Research Report at: https://www.marketstudyreport.com/request-a-sample/1047492/?utm_source=marketsizeforecasters.com=AN

Smart Lighting Market is projected to surpass USD 24 billion by 2024. Smart lighting incorporates different technologies to enable the automatic controlling of indoor and outdoor lights using automated settings, wireless/mobile controls, and a wide range of different adjustable features. It is a lighting system which is interconnected through a network and is operated and maintained by a centralized system or cloud. Smart lighting includes an MCU (microcontroller unit) based system that integrates electronics, automation, and network communication for improving energy efficiency of the lighting system.

Europe is projected to dominate the connected lighting market by 2024 due to the rapid deployment of smart lighting systems in residential, commercial, and government sectors, large-scale smart city projects undertaken in the region supported by favorable government initiatives. Due to the consistent emphasis by the European Union (EU) on accelerated development of smart cities through its funding instrument, The European Innovation Partnership on Smart Cities and Communities (EIP-SCC), industry leaders are focusing on providing more integrated and sustainable lighting solutions to the customers.

The growing popularity of smart cities one of the major contributing factors for smart lighting market growth. Developing a city-wide intelligent lighting network is becoming one of the key areas of interest while designing and developing smart city infrastructure around the world. With the increasing government emphasis on developing more smart cities to enable better city planning and development, faster delivery of e-government services, energy sustainability and improved local economic development, the deployment of connected lighting systems in smart city projects is likely to increase substantially during the forecast timeline.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1047492/

The Asia Pacific connected lighting market is projected to exhibit fastest growth between 2018 and 2024 due to increasing awareness regarding the benefits of energy efficient lighting systems among the countries in the region to achieve energy security and sustainability objectives. Also, favorable government initiatives to encourage the adoption of energy-efficient LED lights is also expected to accelerate the growth of Asia Pacific connected lighting market.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Smart Lighting Industry Insights

Chapter 4 Competitive Landscape

Chapter 5 Smart Lighting Market, By Component

Chapter 6 Smart Lighting Market, By Product

Chapter 7 Smart Lighting Market, By Communication Technology

Chapter 8 Smart Lighting Market, by Lighting Source

Chapter 9 Smart Lighting Market, By Application

Chapter 10 Smart Lighting Market, By Region

Chapter 11 Company Profiles

For More Info on this report At: https://www.marketstudyreport.com/reports/smart-lighting-market/?utm_source=OPR-PSR

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Web site: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog/



About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

Read More

More News By Ashwin Naphade

Static Random Access Memory (SRAM) Market Comprehensive Study with Key Trends, Major Drivers and Challenges 2019-2024
Static Random Access Memory (SRAM) Market Comprehensive Study with Key Trends, Major Drivers and Challenges 2019-2024
By Ashwin Naphade

Market Study Report, LLC, adds a comprehensive research of the ' Static Random Access Memory (SRAM) market' that mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional prolifera...

LED Billboard Market Global Growth, Opportunities, Industry Analysis & Forecast to 2024
LED Billboard Market Global Growth, Opportunities, Industry Analysis & Forecast to 2024
By Ashwin Naphade

The ' LED Billboard market' research report now available at MarketStudyReport.com delivers a thorough analysis of the industry trends influencing the global business scenario. In addition, the report offers definitive information pertaini...

Cable Conduit Systems Market Outlook, Strategies, Manufacturers, Countries, Type and Application, Global Forecast To 2024
Cable Conduit Systems Market Outlook, Strategies, Manufacturers, Countries, Type and Application, Global Forecast To 2024
By Ashwin Naphade

The research report on ' Cable Conduit Systems market' now available with Market Study Report, LLC, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining ...