About Smart Lighting and Control Systems
Smart Lighting and Control Systems are designed for energy efficiency, convenience and cost effective energy consumption. It includes efficiency fixtures and automated controls. This controls adjust conditions such as occupancy or daylight availability. Further, task lighting, accent lighting, and general lighting and other controls are provided. It is used in office buildings and industrial areas. With a smart lighting system, scheduling lights to switch off and change temperature or colour is conducted. Geographically, North America region is expected to grow with higher growth rate over forecast period followed by Asia Pacific and Europe owing to presence of market leaders in the region and growing research activities for production of Smart Lighting And Control Systems.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Phillips (Netherlands), Honeywell International Inc. (United States), Osram (Germany), Lutron (United States), Legrand (France), ABB (Switzerland), Daintree Networks (United States), Siemens (United States), Bridgelux (United States), Echelon Corporation (United States), Panasonic (Japan), Hubbell Incorporated (United States), LG Electronics (South Korea), GE Lighting (United States), SYSKA Group (India) and Wipro Enterprise Ltd (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are LightwaveRF PLC (United Kingdom), Synapse Wireless (United States) and Helvar (Finland).
Segmentation Overview
AMA Research has segmented the market of Global Smart Lighting and Control Systems market by , Application (Street Lighting, Vertical Farming, Human Centric Lighting, Lighting Scenes and Others) and Region.
On the basis of geography, the market of Smart Lighting and Control Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. LEDOTRON will boost the Smart Lighting and Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Control Type, the sub-segment i.e. Lightening Control {Basic, Side Lighting, Pre-set Lighting} will boost the Smart Lighting and Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Residential will boost the Smart Lighting and Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Light Source, the sub-segment i.e. Light Emitting Diode (LED) will boost the Smart Lighting and Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Smart Lighting and Control Systems Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Necessity for Energy Efficient and Cost-Effective Solutions for Lightening
- Increasing Preference for Smart Lighting and Control Systems for Residential Use
- Rising Need for Decreasing Energy Consumption
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Influencing Trends | - Several Governments Introducing Programs for Street Lighting Using Solid State Technology, and HID and LED Lamps
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Restraints | - Lack of Consistent Power Supply and Frequent Electricity Outage in Emerging Countries
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Road Blocks / Challenges | - Limited Lighting Latency
- Huge Dependency on ICT Technologies
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Gaps & Opportunities | - Wide Adoption of Wireless Technology and Developments in Sensor Technologies has created Multiple Growth Opportunities for the market
- Augmenting Demand for Smart Lighting and Control Systems for Human Centric Lightening and Vertical Farming
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Market Leaders and their expansionary development strategies
In March 2021, Global lighting specialist Glamox has acquired UK-based company LiteIP Limited. With this acquisition, Company is able to provide support to LiteIP and its growth plans in terms of technology development strategy and global expansion. LiteIP will remain an independent, wholly-owned subsidiary within the Glamox Group. With this acquisition, LiteIP is able to gain global exposure for its attractive, proven lighting control system and technology.
In August 2021, Intermatic Incorporated has launched “ARISTA” Advanced Lighting Control System. It is customizable smart lighting solution. It supports commercial and municipal buildings up to 10,000 ft2. ARISTA offers dynamic smart lighting solution for building owners with easy-to-follow setup process. With this launch, company has expanded its existing portfolio. and In July 2021, Nokia and Smartlabs has launched First-Ever Nokia Smart Lighting in United States. Nokia Smart Lighting is a suite of IoT-powered lighting and electrical control products. It offers any lighting fixture of bulb, wiring configuration at random location.
Key Target Audience
Smart Lighting and Control Systems Manufacturers, Smart Lighting and Control Systems Suppliers/Distributor, Raw Material Providers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.