London, UK (PRWEB) June 09, 2014
Presently, the global smart lightning market is growing at a rapid pace. The technology offers a number of lightning control solutions which help to reduce the energy consumption in residential, commercial and industrial sectors. The demand for smart lightning is boosted by the growing rates of urbanization, rising energy costs and a remarkable increase in mobility, among other factors. The smart lightning industry is focused on providing better system-wide control over lightning. Furthermore, the introduction of novel wireless technologies enables the expansion of the current lightning control capabilities.
Currently, Europe takes the lead in the world smart lightning market, followed by APAC. Zumbotel, Acuity Brands, Lutron Electronics Company and Legrand are among the top companies in the world smart lightning market. The revenues generated by the global smart lightning industry are poised to post a 15.8% CAGR over the forecast period and reach USD 56.06 billion by 2020.
In-demand research report “Smart Lighting Market by Component (Relays, Occupancy Sensors, Actuators, Transmitters, Receivers), Lighting Type (LED, FL, CFL, HID), Connectivity Technology (Wired, Wireless), Application (Commercial, Industrial, Public, Government, Residential) & Geography - Global Forecast & Analysis to 2014-2020” elaborated by MarketsandMarkets (M&M) is now available at MarketPublishers.com.
Title: Smart Lighting Market by Component (Relays, Occupancy Sensors, Actuators, Transmitters, Receivers), Lighting Type (LED, FL, CFL, HID), Connectivity Technology (Wired, Wireless), Application (Commercial, Industrial, Public, Government, Residential) & Geography - Global Forecast & Analysis to 2014-2020
Published: May, 2014
Price: US$ 4,650.00
The report offers an up-close look at the world smart lightning market landscape, describes the current market scenario and sheds light on the market’s historical development. It presents an in-depth analysis of the key factors driving changes in the global smart lightning market and also touches upon the most important industry aspects and outlines the main market growth challenges and opportunities. Besides, the study provides a detailed assessment of the global smart lightning market by geography, lightning type, lightning control components, application verticals. The topical report offers an extensive summary of the existing and emerging technologies, includes a snapshot of the prevailing trends and most recent industry developments, offers Porter’s five forces analysis and industry value chain analysis. Additionally, the study gives a comprehensive forecast of the global smart lightning market through 2020.
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More in-demand research reports by the publisher can be found at MarketsandMarkets page.