Smart Lighting Market 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2027
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Smart Lighting Market 2018 Smart Lighting Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2027 Energy conservation and greenhouse emissions are among the top most concerns across the globe and Smart Lighting system comes as solutions, by providing userfriendly, Eco Friendly, Cost-effective, and Energy efficient systems. Smart Lighting Systems are anticipated for increased and vast application in day to day life and thus Smart Lighting Systems market is estimated for a remarkable growth in the upcoming years. The global smart lighting market is all set to shape up for a transformation in the recent future. This transformation will be attributed by the evolution of the Internet of Things (IoT) and Secure Sockets Layer (SSL) since IoT enables easy monitoring and control enabling energy efficiency; manufacturers have started using semiconductors in place of wires and gas to power smart lighting systems. The constantly increasing energy prices and a rise in the demand for energy will drive the need for smart lighting systems.
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Smart Lighting Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Lighting Market Research Report - Global Forecast 2023� According to a recent study report published by the Market Research Future, the global smart lighting market is expected to grow at a phenomenal rate of CAGR during 2017 -2027. Smart Lighting Market growth is propelled by the growing awareness about environment benefits of energy efficiency, rising and improving wireless communication technology and growing investment in smart home & cities market among others. Technological advancements, intelligent control systems with features of automated daylight/natural light control, color, temperature, occupancy, and movement among the other parameters would increase opportunities for players in the market. Hence the players of the market are increasingly investing in R&D to develop advanced smart Lighting concepts for enhancing building integration and also on developing emitter systems that have a longer lifetime. 3
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Smart Lighting Market 2018 Market Segmentation
The global smart lighting market is segmented by type, light source, communication technology, software & service, and application. Based on the type segment, the market consists of smart bulbs, fixtures and lighting control. By the light source, the market consists of a fluorescent light source, LED light source, HID light source, and another light source. By the communication technology segment, the market consists of Wired Communication Technologies and Wireless Communication Technologies. By the software & service, the software is further segmented into smartphone applications and by service into lighting as-a-service. By the application, it is segmented into indoor and outdoor lighting.
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Smart Lighting Market 2018 Application & Major Players in this Research: Smart Lighting Market Prominent Players:
Koninklijke Philips N.V. (Netherland), Osram GmbH (Germany), Lutron Electronics Co. Inc. (U.S.), Legrand S.A. (France), Daintree Networks (U.S.), Bridgelux (U.S.), Echelon Corporation (U.S.), Streetlight Vision (France), Zumtobel (Austria), and Honeywell (U.S) among others.. Request a Sample Report @ https:// www.marketresearchfuture.com/sample_request/991
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Smart Lighting Market 2018 Smart Lighting Market - Competitive Analysis Commenting on the report, an analyst from Market Research Future (MRFR)’s team said: The global Smart Lighting Market is highly fragmented with the presence of several large and small players operating in the market. Though the well-established large companies have a larger presence in international markets as well, the emergence of several newcomers will still give them a tough competition. Large vendors such as OSRAM and Philips are splitting their businesses into several units to provide greater flexibility in adapting to new markets. Similarly, the trend of collaboration is also being followed for example; Vodafone has announced in March 2016 about its agreement to become an IOT managed partner with Philips. The two companies get agreed to implement smart street lighting system in the market. The development of smart cities is one of the major trends that will gain traction in the market in the next four years. Smart lighting is an important aspect for constructing smart cities as it helps conserve energy and assists in reducing operational costs. Several 6
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