Intelligent Lighting Market by Lighting Type (LED, CFL, LFL, HID), Control Component (Relays, Timers, Occupancy Sensors, Daylight Sensors, Dimming Actuators, Switch Actuators, Blind/Shutter Actuators, Transmitters, Receivers) & Geography (2014-2020)
Intelligent lighting involves the use of lighting controls that deliver correct amount of light when needed. It deals with the technology where lights can automatically perform various operations at set times or under set conditions. It makes use of intelligent lighting control systems to control light, based on various parameters such as; occupancy, movement, color temperature, amount of natural/daylight and so on. The customers of lighting control systems apply a set of such lighting control strategies using specific technologies and methods to control consumption of light energy. Automated lighting control not only provides less expensive and more flexible lighting, but also monitors various tasks carried out by the users. The intelligent lighting market is growing at a tremendous rate and the main factors driving this growth are the rising growth of Light Emitting Diode (LED), lighting in commercial modernization, rapid growth of street lighting systems, and expansion of this technology in smart cities. At present there are many companies launching new products in the market.
It is observed that LED based lighting devices integrated with different types of wireless technologies have a good opportunity in the market. The wireless networking technologies are bringing intelligence to a new generation of lighting. The main drivers for the market include incompatible wireless communication solutions, lack of awareness, more supply than demand, and difficulty of maintenance. The major players in this market include Acuity Brands, Inc. (U.S.), Legrand S.A (France), Lutron Electronics Company, Inc. (U.S) and Zumtobel AG (Austria). Several other acquisitions, mergers, new product launch, agreements and so on, which have taken place recently and are discussed in the report.
The report covers the entire market by lighting type, lighting control component, application and geography. It provides detailed analysis of the current market scenario and its estimation till the year 2020. The report profiles companies which are active in the field of intelligent lighting technology. It highlights the winning imperatives and burning issues related to this industry. It also analyzes the market with the help of Porter’s five-force model. The report provides competitive landscape of the players, which covers key growth strategies followed by all the major players.
Growth opportunities and latent adjacency in Intelligent Lighting Market