Global Smart Lighting Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com
Global Smart Lighting Market 2019-2024
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Industry Market Research for Business Leaders, Strategists, Decision Makers
Press Release
Global energy needs are rising consistently, however, the supply to the same is still limited. Since saving energy in every possible manner is the focus of the current century, emerging efficient smart lighting systems in the context of smart homes and smart cities are the trending drift. As per a research report published by IndustryARC, the global smart lighting market size stood at $6.87 billion in 2018. Following the emerging consciousness towards a sustainable future, the market is growing at an astonishing compound annual growth rate (CAGR) of 22.67% in the forecast period of 2019 to 2025. The report is titled “Smart Lighting Market: By Component (Sensors, Networks, Luminaries, Others); By Technology (Wired, Wireless); By Application (Commercial, Industrial, Others); By Geography – Forecast (2019 - 2025).� The report provides comprehensive research insights based on market size, trends, forecast, demands, geographies, and key players.
Global Smart Lighting Market: Leading Segments Considering the applications, the commercial segment is the most demanding and profitable. As per the IndustryARC report, the growth in the commercial smart lighting system is growing at a CAGR of 21.27% through to 2025. Leapfrogging developing economies from both the developing and developed economies have materialized the commercial sector incredibly. Swelling urbanization is the reason for such an exuberant growth pace in the global smart lighting market.
By region, APAC is dominating the global territory in the smart lights and luminaries market. The rising disposable income among the people is profiting the commercial and domestic sector like never before and it has subsequently raised the opportunities for smart lighting solutions in the sector. Statistically, APAC generated 37.36% of the global smart lighting demands in 2018.
Global Smart Lighting Demand Analysis According to the United Nation[KK1] , the measures taken to reduce the energy consumption by 2030 will reduce the electricity demands for lighting to 2,160 TWh per Global Smart Lighting Market
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year, which will save 640 TWh annually and it will reduce the CO2 emission by 23% released from the global lighting requirements. Smart lighting is the embryonic lighting technique developed for optimizing energy efficiency and reducing greenhouse emissions. The technology uses advanced lighting controls and numerous sensors such as ultrasonic, passive infrared, hybrid, motion, and occupancy sensors to enhance the sustainable lighting experience. The United Nation’s Environment[KK2] has taken up a challenge to reach cumulative sales of 10 billion high-quality, high-efficiency, and affordable lighting solutions. With such an influx of opportunities arising from the lighting needs, the global smart lighting market growth will be very evident in the near future.
Global Smart Lighting Market Trends ·
IoT:This evolving technology is proposed to connect all the electronic devices to the
Internet. Once the connection is established, the lights in the interiors of infrastructure can be controlled through any device via the Internet. Saving electricity in the absence of any individual will become an easy task and it will significantly reduce the power consumption ·
Solar Lighting:Extracting energy from solar light is also one of the aspects of smart lighting
solutions. Storing solar energy in the daylight and using the stored energy in the form lights and other solution will reduce the carbon emissions in noteworthy amounts. ·
Home Assistant:Introduction of numerous home assistant devices from various
technological giants such as Amazon and Google will assist the citizens in saving the consumption of electricity. Incorporating such intelligent assistants with IoT enabled lighting solutions will optimize the energy requirements and consumption. ·
Color changing Lights:Intelligent lighting solutions are coming up in the smart lighting
market with extraordinary features. One such feature is the capabilities of bulbs and tubes to change color according to customer needs. These bulbs can emit as much as 16 million colours at a given time as said by Forbes[KK3] .
Global Smart Lighting Market: Competitive Landscape Some of the key companies identified in the report that are currently holding majority shares in the automotive coatings market are Koninklijke Philips N.V. (Philips Lighting), Acuity Brands, Inc. , OSRAM Licht AG, Cree, Inc., General Electric Company, Hubbell Lighting Inc, Legrand, Honeywell International Inc., and Eaton Corporation plc.
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What can you expect from the report? The global smart lighting marketis prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories & Application & 2. Market trends & Relevant Market Data
11. Demand Analysis (Revenue Volume)
12. Country level Analysis
3. Manufacturer Landscape
13. Competitor Analysis
4. Distributor Landscape
14. Market Shares Analysis
5. Pricing Analysis
15. Value Chain Analysis
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6. Top 10 End user Analysis
16. Supply Chain Analysis
7. Product Benchmarking
17. Strategic Analysis
8.
Product
Developments
18.
Landscape 9. Mergers & Acquisition Analysis
Current
&
Future
Market
Analysis 19. Opportunity Analysis
10. Patent Analysis
20. Revenue and Volume Analysis
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[KK1]
http://wedocs.unep.org/bitstream/handle/20.500.11822/20406/Energy_efficient_lighting.pdf?isAllowed=y&sequence=
[KK2]http://climateinitiativesplatform.org/index.php/CEM:_Global_Lighting_Challenge
[KK3]https://www.forbes.com/sites/forbes-finds/2019/04/02/best-smart-bulbs/#61066103155e
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Industry Market Research for Business Leaders, Strategists, Decision Makers
Table of Contents 1. Smart Lighting Market - Overview 1.1. Definitions and Scope 2. Smart Lighting Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Smart Lighting Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Smart Lighting Market – Startup companies Scenario 4.1. Top 10 startup company Analysis by 4.1.1. Investment 4.1.2. Revenue 4.1.3. Market Shares 4.1.4. Market Size and Application Analysis 4.1.5. Venture Capital and Funding Scenario 5. Smart Lighting Market – Industry Market Entry Scenario 5.1. Regulatory Framework Overview 5.2. New Business and Ease of Doing business index 5.3. Case studies of successful ventures 5.4. Customer Analysis – Top 10 companies 6. Smart Lighting Market Forces 6.1. Drivers 6.2. Constraints 6.3. Challenges 6.4. Porters five force model 6.4.1. Bargaining power of suppliers 6.4.2. Bargaining powers of customers 6.4.3. Threat of new entrants 6.4.4. Rivalry among existing players 6.4.5. Threat of substitutes 7. Smart Lighting Market -Strategic analysis 7.1. Value chain analysis 7.2. Opportunities analysis 7.3. Product life cycle 7.4. Suppliers and distributors Market Share 8. Smart Lighting Market – By Components (Market Size -$Million / $Billion) 8.1. Market Size and Market Share Analysis 8.2. Application Revenue and Trend Research 8.3. Product Segment Analysis 8.3.1. Introduction 8.3.2. Sensors 8.3.3. Networks 8.3.4. Microcontroller and Microprocessors 8.3.5. Switch Actuators and Dimmers
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8.3.6. Wireless Receivers and Transmitter 8.3.7. Luminaries 8.3.8. Ballasts 8.3.9. Others 9. Smart Lighting Market – By Technology (Market Size -$Million / $Billion) 9.1. Introduction 9.2. Wired Connectivity Technology 9.2.1. Building Automation & Control Network (BACNET) 9.2.2. Digital Addressable Lighting Interface (DALI) 9.2.3. Power-Line Communication (PLC) 9.2.4. Proprietary Protocols 9.2.5. Others 9.3. Wireless Connectivity Technologies 9.3.1. Enocean 9.3.2. Zigbee 9.3.3. Android Apps 9.3.4. Bluetooth 10. Smart Lighting Market – By Application (Market Size -$Million / $Billion) 10.1. Introduction 10.2. Commercial 10.2.1. Hospitals 10.2.2. Retail Malls 10.2.3. Others 10.3. Industrial 10.3.1. Factories 10.3.2. Warehouses 10.4. Residential 10.5. Public Lighting 10.5.1. Street Lights 10.5.2. Others 11. Smart Lighting - By Geography (Market Size -$Million / $Billion) 11.1. Smart Lighting Market - North America Segment Research 11.2. North America Market Research (Million / $Billion) 11.2.1. Segment type Size and Market Size Analysis 11.2.2. Revenue and Trends 11.2.3. Application Revenue and Trends by type of Application 11.2.4. Company Revenue and Product Analysis 11.2.5. North America Product type and Application Market Size 11.2.5.1. U.S. 11.2.5.2. Canada 11.2.5.3. Mexico 11.2.5.4. Rest of North America 11.3. Smart Lighting - South America Segment Research 11.4. South America Market Research (Market Size -$Million / $Billion) 11.4.1. Segment type Size and Market Size Analysis 11.4.2. Revenue and Trends 11.4.3. Application Revenue and Trends by type of Application 11.4.4. Company Revenue and Product Analysis 11.4.5. South America Product type and Application Market Size 11.4.5.1. Brazil 11.4.5.2. Venezuela 11.4.5.3. Argentina 11.4.5.4. Ecuador 11.4.5.5. Peru 11.4.5.6. Colombia 11.4.5.7. Costa Rica 11.4.5.8. Rest of South America 11.5. Smart Lighting - Europe Segment Research
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11.6. Europe Market Research (Market Size -$Million / $Billion) 11.6.1. Segment type Size and Market Size Analysis 11.6.2. Revenue and Trends 11.6.3. Application Revenue and Trends by type of Application 11.6.4. Company Revenue and Product Analysis 11.6.5. Europe Segment Product type and Application Market Size 11.6.5.1. U.K 11.6.5.2. Germany 11.6.5.3. Italy 11.6.5.4. France 11.6.5.5. Netherlands 11.6.5.6. Belgium 11.6.5.7. Spain 11.6.5.8. Denmark 11.6.5.9. Rest of Europe 11.7. Smart Lighting – APAC Segment Research 11.8. APAC Market Research (Market Size -$Million / $Billion) 11.8.1. Segment type Size and Market Size Analysis 11.8.2. Revenue and Trends 11.8.3. Application Revenue and Trends by type of Application 11.8.4. Company Revenue and Product Analysis 11.8.5. APAC Segment – Product type and Application Market Size 11.8.5.1. China 11.8.5.2. Australia 11.8.5.3. Japan 11.8.5.4. South Korea 11.8.5.5. India 11.8.5.6. Taiwan 11.8.5.7. Malaysia 12. Smart Lighting Market - Entropy 12.1. New product launches 12.2. M&A's, collaborations, JVs and partnerships 13. Smart Lighting Market – Industry / Segment Competition landscape 13.1. Market Share Analysis 13.1.1. Market Share by Country- Top companies 13.1.2. Market Share by Region- Top 10 companies 13.1.3. Market Share by type of Application – Top 10 companies 13.1.4. Market Share by type of Product / Product category- Top 10 companies 13.1.5. Market Share at global level- Top 10 companies 13.1.6. Best Practises for companies 14. Smart Lighting Market – Key Company List by Country 15. Smart Lighting Market Company Analysis 15.1. Market Share, Company Revenue, Products, M&A, Developments 15.2. Koninklijke Philips N.V. (Netherland) 15.3. General Electric Company (U.S.) 15.4. Osram Gmbh (Germany) 15.5. Acuity Brands Lighting, Inc. (U.S.) 15.6. Company 5 15.7. Company 6 15.8. Company 7 15.9. Company 8 15.10. Company 9 15.11. Company 10 and More "*Financials would be provided on a best efforts basis for private companies" 16. Smart Lighting Market -Appendix 16.1. Abbreviations 16.2. Sources 17. Smart Lighting Market -Methodology
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17.1. Research Methodology 17.1.1. Company Expert Interviews 17.1.2. Industry Databases 17.1.3. Associations 17.1.4. Company News 17.1.5. Company Annual Reports 17.1.6. Application Trends 17.1.7. New Products and Product database 17.1.8. Company Transcripts 17.1.9. R&D Trends 17.1.10. Key Opinion Leaders Interviews 17.1.11. Supply and Demand Trends
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