Intelligent Lighting Market by Component & Application - 2018

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MarketsandMarkets Presents
Smart Lighting Market worth 6,747.95 Million -
2018
http//www.marketsandmarkets.com/Market-Reports/sm
art-lighting-market-985.html
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According to a new market research report "Smart
Lighting Market (2013 - 2018) By Component
(Sensors, Controllers, Chipsets, Others)
Lighting Type (Led, Fl, Cfl, Hid) Connectivity
(Wired, Wireless) Application (Commercial,
Industrial, Public, Government, Residential)
Geography" ,published by MarketsandMarkets , the
total market is expected to reach 6,747.95
million by 2018, at a CAGR of 36 from 2013 to
2018. Browse 82 market data tables with 36
figures spread through 298 pages and in-depth TOC
on this reporthttp//www.marketsandmarkets.com/Ma
rket-Reports/smart-lighting-market-985.html
Early buyers will receive 10 customization on
this report.
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The term "Smart Lighting" refers to the
environment controlled by lighting control
systems. In brief, lighting control systems use
factors such as occupancy, available daylight,
and time of day to turn lights on or off
accordingly, thus providing noteworthy energy and
cost savings. There is a demand supply gap in the
power sector and to overcome this problem smart
lighting is a perfect solution. The demand of
intelligent lighting controls for lighting is
increasing in a tremendous way and this further
supports the exponential growth potential of
smart lighting. This report covers the"Global
Smart Lighting market" and all its market aspects
with future opportunities, drivers, restraints
and others in detail.
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Lighting control systems energy efficiency,
development in electronics and sensor technology,
eradication of incandescent lamps, favorable
government policies and evolution of novel
wireless technology are the key drivers behind
the incredible growth of smart lighting market.
This report describes different lighting types
used in Smart lighting control systems such as
light emitting diode (LED), fluorescent lamps
(FL), compact fluorescent lamps (CFL), and high
intensity discharge lamps (HID). Among all the
other lighting types, LED lamps offer highest
growth potential which is appealing many startups
and big players to develop smart lighting
solutions such as GreenWave realitys
GreenChip-enabled light bulb, NXPs GreenChip iSSL
wireless solution for LED bulbs and Philips Hue
smart LED bulb. The report also explains various
components used in the smart lighting market such
as sensors, controllers and chipsets. The market
for these components is also expected to have a
high potential in the upcoming future.
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This report also covers the major applications of
the smart lighting systems which include
commercial industrial buildings, public
government buildings, outdoor lighting and
residential applications. The two major
applications which contribute 90 in overall
market are commercial industrial and public
government buildings as of 2013 and has a huge
market potential which is apparent from entry of
several startups like Daintree Networks Inc
(U.S.), Lutron Electronics Company, Inc (U.S.),
Adura Technologies (U.S.), in this field to make
the most use of this opportunity. As street
lighting accounts for almost 40 of a citys power
consumption, there is a huge scope for lighting
control systems. This report describes the
overall smart lighting market into five major
geographical segments, namely, North America,
South America, Europe, Asia-Pacific (APAC), and
ROW. Europe is the largest contributor in smart
lighting market as of 2012 and is forecast to
keep a strong position over other regions and
have phenomenal growing potential in coming
future followed by APAC and North America. APAC
is the emerging market where countries like
China, Japan, Taiwan, South Korea, etc will be
the most striking future markets in smart
lighting systems.
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art-lighting-market-985.html
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