The global Intelligent Lighting Control Market is projected to reach USD 27.29 billion by 2027, according to a recent report by Emergen Research. The ever-changing paradigm of lighting management trade to industry and adding voice management feature can be integrated to the coming products. Increasing number of smart homes in conjunction with customization edges and incessantly decreasing average terms (ASP) of light-emitting diode bulbs and drivers square measure a number of the factors driving the expansion of intelligent lighting management market. The state of affairs of the industry has been utterly reworked with the institution of contemporary technologies in it. The growth of the market is attributed to the growing number of smart homes along with decreasing average selling price (ASP) of LED bulbs and drivers. magnified would like for energy demand management in developed countries conjointly augurs well for the market.
Get a Free sample of the report: https://www.emergenresearch.com/request-sample/138
Key participants include Lutron Electronics, General Electric Company, Honeywell International, Leviton Manufacturing, Cree, Acuity Brands, Enlighted, OSRAM Gmbh, LSI Industries and Hubbell
Market Scope:
The advent of smart houses is the last word answer for the patron that brings varied blessings with reference to energy and value savings. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Intelligent Lighting Control market players. An economical lighting system will scale back the energy consumption by 22-43% and in some cases by the maximum amount as five hundredth, looking on the sort of system put in.
North American market has been the dominant among the worldwide intelligent lighting controls market in 2019 in terms of volume and price. However, Asia Pacific is predicted to grow at a significant CAGR of 18.2% throughout the forecast span.
Applications Outlook (Revenue, USD Billion; 2017-2027)
Smart Cities
Automotive
Manufacturing
Media and Entertainment
Others
Connectivity Outlook (Revenue, USD Billion; 2017-2027)
Wired
Wireless
Product Outlook (Revenue, USD Billion; 2017-2027)
Sensors
Ballast and LED Drivers
Microcontrollers
Dimmers and Switch Actuators
Transmitters and Receivers
Request customization of this report : https://www.emergenresearch.com/request-for-customization/138
Key geographical areas:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Elucidating the competitive landscape of the Global Intelligent Lighting Control Market:
The global Intelligent Lighting Control market report offers viable insights into the competitive spectrum of the Intelligent Lighting Control business sphere.
The report systematically profiles the company information of each market player.
It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
Market Taxonomy:
Chapter 1: Methodology & Scope
Chapter 2:
Executive Summary
Chapter 3:
Industry Insights
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
Key Objectives of the Report:
Analysis and estimation of the Intelligent Lighting Control market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Read More: https://www.emergenresearch.com/industry-report/intelligent-lighting-control-market
RELATED REPORETS:
Assessment Services Market: https://www.emergenresearch.com/industry-report/assessment-services-market
3D Printing Market: https://www.emergenresearch.com/industry-report/3d-printing-market
Digital Scent Technologies Market: https://www.emergenresearch.com/industry-report/digital-scent-technologies-market
FinFET Technology Market: https://www.emergenresearch.com/industry-report/finfet-technology-market
Lighting as a Service Market: https://www.emergenresearch.com/industry-report/lighting-as-a-service-market
About Us: At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Facebook | LinkdIn | Twitter | Blogs