A new research document titled, Global Luminaires Market is released by AdvanceMarketAnalytics. The market study is a cautious attempt of the industry with strategic steps to the targets of business environment and the ones that are tried to have an essential impression on the progression of the Luminaires market. AMA recognizes following companies as the major players in the Global Luminaires market which includes Acuity Brands (United States), Honeywell (United States), Philips (Netherlands), Cree (United States), Legrand (France), OSRAM (Germany), Zumtobel Group (Austria), Panasonic (Japan), Control4 Corporation (United States), Siemens (Germany), Toshiba (Japan) and General Electric (United States).
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. Increased Demand for Intelligent Solutions for Street Lighting Systems
is one of the key components driving the development of this market in the following couple of years. "Modernization and Development of Infrastructure to Transform Cities Into Smart Cities
" adds to the investigation what growth market seeks ahead. This causes analysts to concentrate more on regional factors and regulatory and influencing factors ahead of any other approach.
One of the key patterns that will drive the development prospects for the Luminaires amid the anticipated period is the Advancement of Wireless Communication Technology for Smart Lighting Systems
. The Technology Type, such as Wired Technology, is boosting the Luminaires market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Installation Type , such as New Installation, is boosting the Luminaires market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market. The Luminaires market is very focused because of the nearness of many key organizations. The main Manufacturers are focusing on presenting new product/services and are constantly upgrading their existing offerings to keep pace with the overall industry.
The key target audience considered while formulating the study are as follows: Semiconductor and electronic component manufacturers and distributors, Sensor manufacturers and distributors, Raw material and manufacturing equipment suppliers, Original equipment manufacturers (OEMs), System Integrator, Government bodies, venture capitalists, and private equity firms, Lighting and lighting control system manufacturers and Lighting control system manufacturers
Available Customization: List of players that can be included in the study on immediate basis are Huayi Lighting Company Limited (China), OPPLE Lighting (China), Shanxi Guangyu LED Lighting Co. Ltd (China), SoftDel (United States) and Others.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Luminaires market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Luminaires market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Semiconductor and electronic component manufacturers and distributors, Sensor manufacturers and distributors, Raw material and manufacturing equipment suppliers, Original equipment manufacturers (OEMs), System Integrator, Government bodies, venture capitalists, and private equity firms, Lighting and lighting control system manufacturers and Lighting control system manufacturers. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.