Global Lighting Control System Market is estimated to reach 40.6 USD Billion in

Posted by Manik on February 13th, 2020

Lighting Control System Market: Summary

The Global Lighting Control System Market is estimated to reach 40.6 USD Billion in 2024 at a CAGR of 16.0%. Inclination towards energy saving alternatives and emergence of internet of things (IoT) is expected to boost the lighting control system market during the forecast period. However, requirement of ongoing maintenance is expected to restrain the market during the forecast period. Cloud- based smart lighting is expected to become an opportunity for global market.

A lighting control system is a type of intelligent network system which helps consumers to control the lighting in indoor and outdoor spaces. A lighting control system is mainly used for outdoor applications such as roadways & highways lighting and various public spaces. Some key players in lighting control system market are Signify Holding, Lutron Electronics Co., Legrand SA, OSRAM Licht AG, Schneider Electric SE and Eaton among others.     

 Lighting Control System Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global lighting control system market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.

•          On the basis of component, the market is segmented into hardware, software, and services.
•          By connectivity protocol, the lighting control system market is segmented into wired and wireless.
•          By application, lighting control system market is segmented into corporate buildings, industrial buildings, educational buildings, retail malls, hospitals, public buildings, hospitality, roadways and highways lighting, architectural lighting, and flood lighting.

Lighting Control System Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Lighting Control System Market by Component

Hardware

•          Switches
•          Sensors
•          Dimmers
•          Network Components
•          Others

Software

•          Web-Based
•          Cloud- Based

Services

•          Professional
•          Maintainence
•          Managed

 Lighting Control System Market by Connectivity Protocol

Wired

•          DALI
•          DMX
•          PLC
•          PoE
•          Others

Lighting Control System Market by Application

•          Wi-Fi
•          EnOcean
•          ZigBee
•          Bluetooth LE
•          Others
•          Corporate Buildings
•          Industrial Buildings
•          Educational Buildings
•          Retail Malls
•          Hospitals
•          Public Buildings
•          Hospitality
•          Roadways and Highways Lighting
•          Architectural Lighting
•          Floodlighting

 Lighting Control System Market by Region

Asia-Pacific

•          China
•          India
•          Japan
•          South Korea
•          Taiwan
•          Rest of Asia-Pacific

North America

•          US
•          Canada
•          Mexico

Europe

•          Germany
•          France
•          Italy
•          UK
•          The Netherlands
•          Rest of Europe

Middle East and Africa

•          Saudi Arabia
•          UAE
•          Rest of Middle East & Africa

South America

•          Brazil
•          Argentina
•          Rest of South America

 About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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