Smart Lighting Market to Witness Huge Growth by 2025 | Acuity Brands Lighting, Daintree Networks, Digital Lumens, Eaton Corporation
The global Smart Lighting Market is analyzed in terms of its competitive landscape. For this, the report encapsulates data on each of the key players in the market according to their current company profile, gross margins, sale price, sales revenue, sales volume, product specifications along with pictures, and the latest contact information. The report’s conclusion leads into the overall scope of the global market with respect to feasibility of investments in various segments of the market, along with a descriptive passage that outlines the feasibility of new projects that might succeed in the global Smart Lighting market in the near future.
The Global Smart Lighting market accounted for US$ 10.55 Bn in 2015 and is expected to grow at a CAGR of 17.1% during the forecast period 2016 – 2025, to account for US$ 51.05 Bn in 2025.
The key factors driving the smart lighting market include growing awareness towards energy conservation, the long life span of LEDs and OLEDs, the rising popularity of wireless technology coupled with changing lifestyle, and decreasing price of LED lighting. At present, light is considered to consume approximately 20% of electricity production and 5% of CO2 emissions globally. At the same time, traditional lighting is accounted for the majority of electricity production in comparison to the latest LED lighting technology. Philips Lighting, subsidiary of Koninklijke Phillips NV has committed to becoming carbon neutral in the next few years. Philips is popular for making sustainable innovation for a healthier globe.
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Companies covered in this Report includes: Acuity Brands Lighting Inc., Daintree Networks, Inc., Digital Lumens, Inc., Eaton Corporation Plc, General Electric, Legrand SA, Lutron Electronics, Inc., OSRAM GmbH, Koninklijke Philips N.V., Sensity Systems, Inc.
The Smart Lighting Market report is an exclusive elaborated study of the given industry with an aim towards the global market trend. The report focuses to deliver a synopsis of global Smart Lighting Market with in-depth market segmentation by several market players, suppliers and distributors of Smart Lighting. The global market of this industry is anticipated to experience lucrative growth during the forecast period. The report delivers prime statistics on the market status of the market manufacturers who are existent leaders and provides key opportunities and trends in the market.
Various factors are responsible behind the market’s growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Smart Lighting market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Smart Lighting market’s trajectory between forecast periods.
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Objective of Smart Lighting Market Study:
- To provide detailed analysis of the market structure along with forecast for the next 05 years of the various segments and sub-segments of the Global Smart Lighting Market .
- To provide insights about factors affecting the market growth.
- To analyze the Smart Lighting Market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by technologies, by applications and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Smart Lighting Market.
Table of Contents (TOC)
Global Smart Lighting Market Research Report
Chapter 1 Smart Lighting Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Smart Lighting Market Forecast
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