Smart Lighting Market by Component & Application - 2018 by foster.alan79


[298 Pages Report]Smart Lighting Market report categorizes the global market based on Lighting Types [LED, CFL, High Intensity Discharge Lighting (HID)], Components (Sensors, Controllers, Chipsets), Connectivity (Wired, Wireless) & Geography forecasting -2013-18.

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									Smart Lighting Market worth $6,747.95 Million - 2018
According to a new market research report "Smart Lighting Market (2013 - 2018): By
Component (Sensors, Controllers, Chipsets, Others); Lighting Type (Led, Fl, Cfl, Hid);
Connectivity (Wired, Wireless); Application (Commercial, Industrial, Public, Government,
Residential) & Geography" ,published by MarketsandMarkets , the total market is expected to
reach $6,747.95 million by 2018, at a CAGR of 36% from 2013 to 2018.

Browse 82 market data tables with 36 figures spread through 298 pages and in-depth TOC on
this report

Early buyers will receive 10% customization on this report.

The term "Smart Lighting" refers to the environment controlled by lighting control systems. In
brief, lighting control systems use factors such as occupancy, available daylight, and time of day
to turn lights on or off accordingly, thus providing noteworthy energy and cost savings. There is
a demand supply gap in the power sector and to overcome this problem smart lighting is a
perfect solution. The demand of intelligent lighting controls for lighting is increasing in a
tremendous way and this further supports the exponential growth potential of smart lighting.
This report covers the"Global Smart Lighting market" and all its market aspects with future
opportunities, drivers, restraints and others in detail.

Lighting control systems energy efficiency, development in electronics and sensor technology,
eradication of incandescent lamps, favorable government policies and evolution of novel
wireless technology are the key drivers behind the incredible growth of smart lighting market.
This report describes different lighting types used in Smart lighting control systems such as light
emitting diode (LED), fluorescent lamps (FL), compact fluorescent lamps (CFL), and high
intensity discharge lamps (HID). Among all the other lighting types, LED lamps offer highest
growth potential which is appealing many startups and big players to develop smart lighting
solutions such as GreenWave realitys GreenChip-enabled light bulb, NXPs GreenChip iSSL
wireless solution for LED bulbs and Philips Hue smart LED bulb. The report also explains various
components used in the smart lighting market such as sensors, controllers and chipsets. The
market for these components is also expected to have a high potential in the upcoming future.
This report also covers the major applications of the smart lighting systems which include
commercial & industrial buildings, public & government buildings, outdoor lighting and
residential applications. The two major applications which contribute 90% in overall market are
commercial & industrial and public & government buildings as of 2013 and has a huge market
potential which is apparent from entry of several startups like Daintree Networks Inc (U.S.),
Lutron Electronics Company, Inc (U.S.), Adura Technologies (U.S.), in this field to make the most
use of this opportunity. As street lighting accounts for almost 40% of a citys power
consumption, there is a huge scope for lighting control systems.

This report describes the overall smart lighting market into five major geographical segments,
namely, North America, South America, Europe, Asia-Pacific (APAC), and ROW. Europe is the
largest contributor in smart lighting market as of 2012 and is forecast to keep a strong position
over other regions and have phenomenal growing potential in coming future followed by APAC
and North America. APAC is the emerging market where countries like China, Japan, Taiwan,
South Korea, etc will be the most striking future markets in smart lighting systems.

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