Smart Lighting and Control Systems Market
The global smart lighting and control system market is anticipated to grow at a significant CAGR of 14% during the forecast period. The lighting control system increasing consumer demand for energy-efficient lighting systems. For instance, in October 2021, URC launched a new product line of smart home lighting solutions that creates an atmosphere for entertaining or quiet family events with a line of smart dimmers, switches, and gateway devices. This new device displays notifications for programmed triggers via an LED light with a simple touch, URC Lighting enables smart control and automation. Moreover, the rising demand for intelligent solutions for street lighting systems is the major factor that is driving the growth of the market. Additionally, increasing awareness of energy management has fostered the growth of the smart lighting control system market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/lighting-control-system-market
Moreover, high costs, lack of awareness, and lack of skilled professionals are the major restraints for the market. However, due to government initiatives and the penetration of major market players in emerging economies, it can be expected that the adoption of residential and outdoor lighting will grow in emerging economies during the forecast period and act as an opportunity in the market.
full report of Smart Lighting and Control System Market available @ https://www.omrglobal.com/industry-reports/lighting-control-system-market
• Market coverage
• Market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Smart Lighting and Control System Market by Material Type
o High Intensity Discharge Lamps (Hid)
o Light Emitting Diodes (Led) Lights And Lamps
o Fluorescent Lamps And Compact Fluorescent Lamps
Global Smart Lighting and Control System Market by Component
o Intelligent Luminaries
o Dimmers And Actuators
o Control & Communication
o Transmitters And Receivers
Global Smart Lighting and Control System Market by Technology
o Wired (Plc, Poe And Other)
o Wireless (Bluetooth, Smartphone & Other)
Global Smart Lighting and Control System Market by End User
o Public Utilities
o North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Acuity Brands, Inc.
o Belkin International, Inc.
o Bridgelux, Inc.
o Corsair Gaming, Inc.,
o Current Lighting Solutions, LLC
o Digital Lumens, Inc.
o Eaton Corp.
o Echelon Solutions Group LLC
o Honeywell International Inc.
o Innovative Lighting, LLC.
o Kingsun Optoelectronic Co.,Ltd.
o Royal Philips NV
o Lutron Electronics Co., Inc.
o OSRAM GmbH
o Qualcomm Technologies, Inc.
o Schneider Electric
o The General Electric Co
o TVILIGHT Projects BV
o Visa Lighting
o WOLFSPEED, INC.
o Zumtobel Group
The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major regions geographically.
• Key companies operating in the global smart lighting and control system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying ‘who stands where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lighting-control-system-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Company name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: [email protected]
Contact no: +91 780-304-0404
This release was published on openPR.