04 May 2020
Smart Lighting Market is valued at USD 10.53 Billion in 2018 and expected to reach USD 33.94 Billion by 2025 with a CAGR of 18.2% over the forecast period.
The global smart lighting market is anticipated to grow significantly over the forecast period. Smart lighting has been a breakthrough in lighting industry that makes use of control system which intelligently control light, based on parameters such as temperature, movement, occupancy, amount of natural light etc. Lighting consumes a high energy cost thus Industries, government departments are focusing on reducing the energy utilization by substituting the traditional lighting systems with efficient and advance lighting control systems. Automated lighting control not only provides with economical and flexible lighting but also monitors the tasks carried out by the users.
Market Analysis of Smart Lighting-
Global Smart lighting is a lighting that user can control from an app, usually on their Apple or Android phone. The app enables user to change the brightness of the bulbs, and if the bulbs have colored LEDs user can change their colours too. It allows users to control light wirelessly with their phone, tablet, or smart assistant, such as Google Assistant or Amazon Alexa. For example; Smart LED bulbs contain software that connects to an app, smart home assistant, or other smart accessory so users can automate their lights or control them remotely, eliminating the need for traditional wall switches. Smart lighting solutions using networked technology represent an interesting opportunity for cities such as; huge reduction of energy and maintenance cost, increased public safety from improved lighting, safer traffic due to increased visibility of hazards, measurable environmental impact due to reduced energy consumption. All these advantages of smart lighting increases the demand for smart lighting solutions.
Global smart lighting market report is segmented on the basis of lighting type, component, application and region & country level. Based upon lighting type, global smart lighting market is divided into led lamps, high intensity discharge lamp, fluorescent lamp and others. Based upon component, global smart lighting market is classified into relays, sensors, controllable breakers, dimmer actuators, switch actuators and others. Based on application, the smart lighting market is classified into residential, commercial & industrial, public & government constructions and others.
Smart Lighting Market Segmentation:-
By Lighting Type:
LED Lamps, High Intensity Discharge Lamp, Fluorescent Lamp, Others
Relays, Sensors, Controllable Breakers, Dimmer Actuators, Switch Actuators, Others
Residential, Commercial & Industrial, Public & Government Constructions, Others
Brandessence Market Research has announced the Top Smart Lighting Market Companies List In 2020:
Legrand is the global specialist in electrical and digital infrastructures, offering high-value-added products and solutions for commercial, residential and industrial buildings. Every day Legrand works hard to enhance electrical and digital building infrastructures and help develop connected buildings around the world.
Its technological expertise, its leading positions, the scope of its offering, its international presence and the power of its brands combine to make Legrand a global benchmark. With a presence in nearly 90 countries and a workforce of over 38,000 employees, Legrand generated total sales of close to €6.0 billion in 2018.
Lutron Elecronics, Co.,
Lutron is a technology-centered and people-driven company. As a private corporation guided by our founder’s simple but profound Five Principles, Lutron has a long history of significant growth and smart innovations.
A young physicist fascinated by the aesthetic manipulation of light, Spira commandeered the spare bedroom in the apartment he shared with his wife, Ruth, and set out to invent a solid-state device that would enable people to vary the intensity of the lights in their homes.
Osram Licht AG
OSRAM presents ENCELIUM, a light management system using a wireless mesh network based on the ZigBee standard and DALI (digital addressable lighting interface) for entire building lighting control. It allows for energy savings in a highly versatile and most convenient way. Thanks to the scalability of the system architecture, it works with any building size and is easy to integrate into existing building management systems.
The ENCELIUM system has already proven its value: it has been impressing customers around the world for the last decades and has demonstrated excellent reliability both when retrofitted and when used in new construction projects – from single floors starting at approx. 1,000 square meters to complete buildings with over 4 million square meters.
Zumtobel, a leading international supplier of integral lighting solutions, enables people to experience the interplay of light and architecture. As a leader in innovation, Zumtobel provides a comprehensive range of high-quality LED luminaires and lighting management systems for professional interior lighting in the areas of offices, education, presentation & retail, hotel & wellness, health, art & culture as well as industry.
For over 60 years, the Zumtobel brand has been synonymous with innovation, unique product and service quality as well as superior design and sustainability. Zumtobel reconciles lighting quality and energy efficiency and develops customised lighting solutions that provide measurable added value. We cater individually for your requirements and users' needs, always keeping in mind the result of supplying the best light for people and the environment.
Acuity Brands, Inc. (NYSE: AYI) is the North American market leader and one of the world’s leading providers of lighting and building management solutions. With fiscal year 2019 net sales of $3.7 billion, Acuity Brands currently employs approximately 12,000 associates and is headquartered in Atlanta, Georgia with operations throughout North America, and in Europe and Asia
The Company’s lighting and building management solutions vary from individual devices to intelligent network systems. Individual devices include luminaires, lighting controls, lighting components, controllers for various building systems (including HVAC, lighting, shades and access control), power supplies, and prismatic skylights.
Key Benefits for Market Report–
- Global Smart Lighting Market report covers in-depth historical and forecast analysis.
- Global Smart Lighting Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Smart Lighting Market report helps to identify opportunities in marketplace.
- Global Smart Lighting Market report covers extensive analysis of emerging trends and competitive landscape.