HOME Top Market Reports Lighting Control System Market by Installation Type (New Installation and Retrofit), Offering (Hardware, Software, and Lighting as a Service), Application (Indoor and Outdoor), Communication Protocol, and Geography - Global Forecast to 2023

Lighting Control System Market by Installation Type (New Installation and Retrofit), Offering (Hardware, Software, and Lighting as a Service), Application (Indoor and Outdoor), Communication Protocol, and Geography - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: June 2017
Report Code: SE 5389

 

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The lighting control system market is expected to grow from USD 12.22 Billion in 2016 to USD 38.67 Billion by 2023, at a CAGR of 17.82% between 2017 and 2023. This report provides the market size and future growth potential of the lighting control system market across different segments such as installation type, offering, application, communication protocol, and geography. The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges for the lighting control system market. This report also profiles the key players operating in the lighting control system market. The base year considered for the study is 2016, and the market size forecast is provided for the period between 2017 and 2023.

The prime objectives of this report can be summarized in the following points.

  • To define, describe, and forecast the global lighting control system market on the basis of installation type, application, offering, and geography
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze the opportunities in the market for stakeholders
  • To forecast the market size for various segments with respect to the following regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To strategically profile the key players and comprehensively analyze their market rankings and core competencies
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze competitive strategies such as contracts, joint ventures, mergers and acquisitions, product developments, and research and development in the lighting control system market
  • To map the competitive intelligence based on company profiles, key player strategies, and game-changing developments such as contracts, product launches, collaborations, and acquisitions

This research study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this study. The research methodology followed in this report is explained below.

  • Identifying various applications and industries that are using or are expected to adopt lighting control systems
  • Analyzing each application, along with the related major companies and their system integrators and identifying the service providers for the adoption of lighting control systems and components
  • Understanding the demand generated by these applications for lighting control systems
  • Estimating the market size of lighting control systems for each region
  • Tracking the ongoing and upcoming implementation of lighting control systems by various companies for each application and region to forecast the market based on these developments and other critical parameters

After arriving at the overall market size, the total market has been split into several segments and subsegments, which was further confirmed with the key industry experts. The figure below shows the breakdown of primaries on the basis of company type, designation, and region.

Lighting Control System Market

To know about the assumptions considered for the study, download the pdf brochure

The lighting control system ecosystem includes manufacturers and assemblers such as General Electric Company (GE) (US), Philips Lighting N.V. (Netherlands), Cree, Inc. (US), Legrand S.A. (France), and OSRAM Licht AG (Germany); key technology providers such as General Electric Company (US), Philips Lighting N.V. (Netherlands); device vendors; distributors and sellers; and end users.

Key Target Audience

  • Residential end users
  • Commercial end users
  • Industrial end users
  • Component suppliers
  • Semiconductor component and device manufacturers
  • Original equipment manufacturers (OEMs)
  • Product manufacturers
  • Component and device suppliers and distributors
  • Software, service, and technology providers
  • Standardization and testing firms
  • Government bodies such as regulatory authorities and policymakers
  • Associations, organizations, forums, and alliances related to semiconductor and automotive industries
  • Research institutes and organizations
  • Market research and consulting firms

Scope of the Report

The lighting control system market has been covered in detail in this report. To provide a holistic picture, the current market demand and forecasts have also been included in the report. The lighting control system market has been segmented as follows:

Market, by Installation Type

  • New Installation
  • Retrofit

Market, by Offering

  • Hardware
    • LED Drivers & Ballasts
    • Sensors
    • Switches
      • Manual On/Off Switches
      • Toggle Switches
      • Rocker Switches
      • Illuminated Switches
      • Electronic
      • Wireless Switches
      • Sensor-Based Switches
      • Others ( Timer-based switches and Wall-mounted digital electronic switches)
    • Dimmers
      • Wired
        • Digital Addressable Lighting Interface (DALI)
        • KNX
        • Digital Multiplex (DMX)
      • Wireless
        • Sensor-Based Wireless Dimmers
        • Automated Wireless Dimmers
    • Relay Units
    • Gateways
  • Software
    • Local/Web Based
    • Cloud Based
  • Lighting as a Service
  • Professional Services
  • Maintenance Services
    • Lifecycle Maintenance
    • System Optimization
    • Data Analytics
  • Managed Services
  • Other Services
    • Financing and Third-Party Ownership
    • Value-Added Services

By Application

  • Indoor
    • Residential
    • Commercial
    • Industrial
    • Others (Public and Government buildings)
  • Outdoor
    • Highways & Roadways Lighting
    • Architectural Lighting
    • Lighting for Public Places
    • Others (Rail lines and Harbors)

By Communication Protocol

  • Wired
    • DALI
    • PLC
    • POE
    • Wired Hybrid Protocols
    • Others (KNX, and LonWorks)
  • Wireless
    • ZigBee
    • Bluetooth/BLE
    • EnOcean
    • Wi-Fi
    • 6LoWPAN
    • Wireless Hybrid Protocols
    • Others (Company-Specific Proprietary Protocols and JenNet-IP)

By Geography

  • North Americas
  • Europe
  • APAC
  • RoW

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report.

Country-Wise Information:

Detailed analysis of various hardware, software, and services available in each country

Company Information:

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Study Objectives
    1.2 Market Definition
           1.2.1 Markets Covered
           1.2.2 Years Considered for the Study
    1.3 Currency
    1.4 Limitations
    1.5 Market Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Major Secondary Sources
                    2.1.1.2 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Market Opportunities in Lighting Control and Management System Market
    4.2 Lighting Control and Management System Market in APAC
    4.3 Lighting Control and Management System Market, By Services
    4.4 Lighting Control and Management System Market, By Indoor Application
    4.5 Country-Wise Analysis of Lighting Control and Management System Market

5 Market Overview (Page No. - 39)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Requirement of Energy-Efficient Lighting Control and Management Systems
                    5.2.1.2 Increasing Adoption of Internet of Things (IoT) in the Lighting Industry
                    5.2.1.3 Acceptance of Standard Protocols for Lighting Control
                    5.2.1.4 Modernization and Infrastructure Development
           5.2.2 Restraints
                    5.2.2.1 Perception of Higher Cost of Installations and Limited Awareness About Payback Periods
                    5.2.2.2 Security and Privacy Issues in Iot-Based Lighting Systems May Impede the Growth
           5.2.3 Opportunities
                    5.2.3.1 Advancement of Wireless Communication Technologies
                    5.2.3.2 Rise of the Smart Cities Revolution is A Great Opportunity for Lighting Industry
                    5.2.3.3 Government Initiatives for Electricity Savings
           5.2.4 Challenges
                    5.2.4.1 Decreasing the Power Consumption of Digital Dimmers
                    5.2.4.2 Lack of Standardized Regulatory Frameworks in the Energy Sector
           5.2.5 Burning Issues
                    5.2.5.1 Cybersecurity
           5.2.6 Winning Imperative
                    5.2.6.1 Consumer Awareness About the Importance of Energy Savings

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Research and Product Development
           6.2.2 Raw Material/Component Suppliers
           6.2.3 Manufacturers and Assemblers
           6.2.4 Key Technology Providers/System Integrators
           6.2.5 Distribution and Sales
           6.2.6 Application
    6.3 Key Industry Trends

7 Lighting Control and Management System Market, By Installation Type (Page No. - 49)
    7.1 Introduction
    7.2 New Installation
    7.3 Retrofit Installation

8 Lighting Control and Management System Market, By Offering (Page No. - 54)
    8.1 Introduction
    8.2 Hardware
           8.2.1 LED Drivers & Ballasts
           8.2.2 Sensors
           8.2.3 Switches
                    8.2.3.1 Manual On/Off Switch
                               8.2.3.1.1 Toggle Switch
                               8.2.3.1.2 Rocker Switch
                               8.2.3.1.3 Illuminated Switch
                    8.2.3.2 Electronic Switch
                               8.2.3.2.1 Wireless Switch
                               8.2.3.2.2 Sensor-Based Switch
                               8.2.3.2.3 Others
           8.2.4 Dimmers
                    8.2.4.1 Wired Dimmers
                               8.2.4.1.1 Digital Addressable Lighting Interface(DALI)
                               8.2.4.1.2 KNX
                               8.2.4.1.3 Digital Multiplex (DMX)
                    8.2.4.2 Wireless Dimmers
                               8.2.4.2.1 Sensor-Based Wireless Dimmers
                               8.2.4.2.2 Automated Wireless Dimmers
           8.2.5 Relay Units
           8.2.6 Gateways
    8.3 Software
           8.3.1 Local/Web-Based Software
           8.3.2 Cloud-Based Software
    8.4 Services (LaaS)
           8.4.1 Professional Services
           8.4.2 Maintenance Service
                    8.4.2.1 Lifecycle Maintenance
                    8.4.2.2 System Optimization
                    8.4.2.3 Data Analytics
           8.4.3 Managed Services
           8.4.4 Other Services
                    8.4.4.1 Financing and Third-Party Ownership
                    8.4.4.2 Value-Added Services

9 Lighting Control and Management System Market, By Application (Page No. - 73)
    9.1 Introduction
    9.2 Indoor
           9.2.1 Residential
           9.2.2 Commercial
           9.2.3 Industrial
           9.2.4 Others
    9.3 Outdoor
           9.3.1 Highways & Roadways Lighting
           9.3.2 Architectural Lighting
           9.3.3 Lighting for Public Places
           9.3.4 Others

10 Lighting Control and Management System Market, By Communication Protocol (Page No. - 87)
     10.1 Introduction
     10.2 Wired
             10.2.1 DALI
             10.2.2 Power Line Communication (PLC)
             10.2.3 Power Over Ethernet (POE)
             10.2.4 Hybrid (Wired)
             10.2.5 Others
     10.3 Wireless
             10.3.1 Zigbee
             10.3.2 Bluetooth/Bluetooth Low Energy (BLE)
             10.3.3 Enocean
             10.3.4 Wi-Fi
             10.3.5 6lowpan
             10.3.6 Hybrid (Wireless)
             10.3.7 Others

11 Geographic Analysis (Page No. - 96)
     11.1 Introduction
     11.2 North America
             11.2.1 US
                        11.2.1.1 Building Codes Expected to Boost the Adoption of New Technologies in Light Switches
             11.2.2 Canada
                        11.2.2.1 Growing Adoption of Energy-Efficient Lighting Systems
             11.2.3 Mexico
                        11.2.3.1 Government is Encouraging Use of Energy-Efficient Lighting Systems
     11.3 Europe
             11.3.1 Uk
                        11.3.1.1 Demand for Energy-Saving and Long-Lasting Lighting Systems Driving the Lighting Control and Management System Market in the Uk
             11.3.2 Germany
                        11.3.2.1 Increasing Demand for Smart Homes Driving the Lighting Control and Management System Market in Germany
             11.3.3 France
                        11.3.3.1 Rising Awareness Toward Energy Conservation
             11.3.4 Italy
                        11.3.4.1 High Demand From the Rebounding Construction Sector
             11.3.5 Spain
                        11.3.5.1 Government Regulations for Reducing Emissions Driving the Adoption of Lighting Control and Management Systems
             11.3.6 Rest of Europe
                        11.3.6.1 Increasing Investments to Fuel the Growth of Lighting Control and Management System Market in the Future
     11.4 Asia Pacific
             11.4.1 China
                        11.4.1.1 Increasing Government Expenditure on Public Infrastructure
             11.4.2 Japan
                        11.4.2.1 Focus on Energy Management Solutions
             11.4.3 India
                        11.4.3.1 Government Support and Strong Economic Outlook Expected to Drive the Growth of the Market
             11.4.4 South Korea
                        11.4.4.1 Energy Efficiency Labels & Standards Program Expected to Boost the Growth of Lighting Control and Management Systems
             11.4.5 Rest of APAC
                        11.4.5.1 Australia and Indonesia are Emerging Markets With Significant Potential
     11.5 Rest of the World
             11.5.1 Focus on Real Estate & Urbanization

12 Competitive Landscape (Page No. - 126)
     12.1 Introduction
     12.2 Market Ranking of Top 5 Players in the Lighting Control and Management System Market, 2016
     12.3 Competitive Scenario
     12.4 Lighting Control and Management System Market (Global) Competitive Leadership Mapping, 2017
             12.4.1 Visionary Leaders
             12.4.2 Dynamic Differentiators
             12.4.3 Innovators
             12.4.4 Emerging Companies
     12.5 Business Strategy Excellence
     12.6 Strength of Product Portfolio

Top Companies Analyzed for This Study are —General Electric Company (US); Philips Lighting NV (Netherlands); Eaton Corporation PLC (Ireland); Legrand S.A. (France); Osram Licht AG (Germany); Acuity Brands, Inc. (US); Cree, Inc. (US); Lutron Electronics Co. Inc. (US); Leviton Manufacturing Company, Inc. (US); Echelon Corporation (US); Lightwaverf PLC (UK); Digital Lumens, Inc. (US); Hubbell Incorporated (US); Zumtobel Group (Austria); Schneider Electric (France); Lsi Industries Inc. (US); Etap Lighting (Belgium); Universal Lighting Technologies, Inc. (US); Lightronics (US); Aura Light (Sweden); Amerlux (US); Douglas Lighting Controls (Canada); Nedap (Netherlands); Synapse Wireless, Inc. (US); Rab Lighting (US);

13 Company Profiles (Page No. - 133)
     13.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     13.2 General Electric Company
     13.3 Philips Lighting N.V.
     13.4 Eaton Corporation PLC
     13.5 Legrand S.A.
     13.6 Osram Licht AG
     13.7 Acuity Brands, Inc.
     13.8 Cree Inc.
     13.9 Lutron Electronics Co. Inc.
     13.10 Leviton Manufacturing Company, Inc.
     13.11 Echelon Corporation
     13.12 Lightwaverf PLC
     13.13 Digital Lumens, Inc.
     13.14 Start-Ups Ecosystem
             13.14.1 Isotera
             13.14.2 Ketra
             13.14.3 LIFX
             13.14.4 Switchmate Inc.

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 185)
     14.1 Insights From Industry Experts
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customization
     14.6 Related Reports
     14.7 Author Details


List of Tables (61 Tables)

Table 1 Lighting Control and Management System Market, By Installation Type, 2014–2023 (USD Million)
Table 2 Lighting Control and Management System Market for New Installation, By Region, 2014–2023 (USD Million)
Table 3 Lighting Control and Management System Market for Retrofit Installation, By Region, 2014–2023 (USD Million)
Table 4 Lighting Control and Management System Market, By Offering, 2014–2023 (USD Million)
Table 5 Lighting Control and Management System Market for Hardware, By Device Type, 2014–2023 (USD Million)
Table 6 Lighting Control and Management System Market for Hardware, By Device Type, 2014–2023 (Million Units)
Table 7 Lighting Control and Management System Market for Switches, By Type, 2014–2023 (USD Million)
Table 8 Lighting Control and Management System Market for Dimmers, By Type, 2014–2023 (USD Million)
Table 9 Lighting Control and Management System Market for Hardware, By Region, 2014–2023 (USD Million)
Table 10 Lighting Control and Management System Market for Software, By Deployment Type, 2014–2023 (USD Million)
Table 11 Lighting Control and Management System Market for Software, By Region, 2014–2023 (USD Million)
Table 12 Lighting Control and Management System Market for Local/Web-Based Software, By Region, 2014–2023 (USD Million)
Table 13 Lighting Control and Management System Market for Cloud-Based Software, By Region, 2014–2023 (USD Million)
Table 14 Lighting Control and Management System Market for Services, By Service Type, 2014–2023 (USD Million)
Table 15 Lighting Control and Management System Market for Services, By Region, 2014–2023 (USD Million)
Table 16 Lighting Control and Management System Market for Professional Services, By Region, 2014–2023 (USD Million)
Table 17 Lighting Control and Management System Market for Maintenance Services, By Region, 2014–2023 (USD Million)
Table 18 Lighting Control and Management System Market for Managed Services, By Region, 2014–2023 (USD Million)
Table 19 Lighting Control and Management System Market for Other Services, By Region, 2014–2023 (USD Million)
Table 20 Lighting Control and Management System Market, By Application, 2014–2023 (USD Million)
Table 21 Lighting Control and Management System Market, By Indoor Application, 2014–2023 (USD Million)
Table 22 Lighting Control and Management System Market for Indoor Application, By Region, 2014–2023 (USD Million)
Table 23 Lighting Control and Management System Market for Residential Indoor Application, By Region, 2014–2023 (USD Million)
Table 24 Lighting Control and Management System Market for Commercial Indoor Application, By Region, 2014–2023 (USD Million)
Table 25 Lighting Control and Management System Market for Industrial Indoor Application, By Region, 2014–2023 (USD Million)
Table 26 Lighting Control and Management System Market for Other Indoor Application, By Region, 2014–2023 (USD Million)
Table 27 Lighting Control and Management System Market, By Outdoor Application, 2014–2023 (USD Million)
Table 28 Lighting Control and Management System Market for Outdoor Application, By Region, 2014–2023 (USD Million)
Table 29 Lighting Control and Management System Market for Highways & Roadways Lighting Application, By Region, 2014–2023 (USD Million)
Table 30 Lighting Control and Management System Market for Architectural Application, By Region, 2014–2023 (USD Million)
Table 31 Lighting Control and Management System Market for Lighting for Public Places Application, By Region, 2014–2023 (USD Million)
Table 32 Lighting Control and Management System Market for Other Outdoor Application, By Region, 2014–2023 (USD Million)
Table 33 Lighting Control and Management System Market, By Communication Protocol, 2014–2023 (USD Million)
Table 34 Lighting Control and Management System Market, By Wired Communication Protocol, 2014–2023 (USD Million)
Table 35 Lighting Control and Management System Market, By Wireless Communication Protocol, 2014–2023 (USD Million)
Table 36 Lighting Control and Management System Market, By Region, 2014–2023 (USD Million)
Table 37 Lighting Control and Management System Market in North America, By Offering, 2014–2023 (USD Million)
Table 38 Lighting Control and Management System Market in North America, By Application, 2014–2023 (USD Million)
Table 39 Lighting Control and Management System Market in North America, By Indoor Application, 2014–2023 (USD Million)
Table 40 Lighting Control and Management System Market in North America, By Outdoor Application, 2014–2023 (USD Million)
Table 41 Lighting Control and Management System Market in North America, By Installation Type, 2014–2023 (USD Million)
Table 42 Lighting Control and Management System Market in North America, By Country, 2014–2023 (USD Million)
Table 43 Lighting Control and Management System Market in Europe, By Offering, 2014–2023 (USD Million)
Table 44 Lighting Control and Management System Market in Europe, By Application, 2014–2023 (USD Million)
Table 45 Lighting Control and Management System Market in Europe, By Indoor Application, 2014–2023 (USD Million)
Table 46 Lighting Control and Management System Market in Europe, By Outdoor Application, 2014–2023 (USD Million)
Table 47 Lighting Control and Management System Market in Europe, By Installation Type, 2014–2023 (USD Million)
Table 48 Lighting Control and Management System Market in Europe, By Country, 2014–2023 (USD Million)
Table 49 Lighting Control and Management System Market in APAC, By Offering, 2014–2023 (USD Million)
Table 50 Lighting Control and Management System Market in APAC, By Application, 2014–2023 (USD Million)
Table 51 Lighting Control and Management System Market in APAC, By Indoor Application, 2014–2023 (USD Million)
Table 52 Lighting Control and Management System Market in APAC, By Outdoor Application, 2014–2023 (USD Million)
Table 53 Lighting Control and Management System Market in APAC, By Installation Type, 2014–2023 (USD Million)
Table 54 Lighting Control and Management System Market in APAC, By Country, 2014–2023 (USD Million)
Table 55 Lighting Control and Management System Market in RoW, By Offering, 2014–2023 (USD Million)
Table 56 Lighting Control and Management System Market in RoW, By Application, 2014–2023 (USD Million)
Table 57 Lighting Control and Management System Market in RoW, By Indoor Application, 2014–2023 (USD Million)
Table 58 Lighting Control and Management System Market in RoW, By Outdoor Application, 2014–2023 (USD Million)
Table 59 Lighting Control and Management System Market in RoW, By Installation Type, 2014–2023 (USD Million)
Table 60 Lighting Control and Management System Market in RoW, By Region, 2014–2023 (USD Million)
Table 61 Market Ranking of Top 5 Players in Lighting Control and Management System Market in 2016


List of Figures (61 Figures)

Figure 1 Lighting Control and Management System Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 New Installation Expected to Dominate Lighting Control and Management System Market During Forecast Period
Figure 6 Hardware is Expected to Account for Largest Share of Lighting Control and Management System Market During Forecast Period
Figure 7 Outdoor Application is Expected to Grow at Highest CAGR in Lighting Control and Management System Market During Forecast Period
Figure 8 APAC Held A Major Share of Lighting Control and Management System Market in 2016
Figure 9 Requirement of Energy-Efficient Lighting Control and Management Systems Acts as Major Driver for This Market During Forecast Period
Figure 10 China Held the Largest Share of Lighting Control and Management System Market in APAC in 2016
Figure 11 Professional Services Market for Lighting Control and Management System Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 12 Industrial Application for Lighting Control and Management System Market Expected to Grow at Highest CAGR Between 2017 and 2023
Figure 13 US Held Largest Share of Lighting Control and Management System Market in 2016
Figure 14 Lighting Control and Management System Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 Lighting Control and Management System Market: Value Chain Analysis
Figure 16 Energy-Efficient, Ecological, and Cost-Effective Lighting Control and Management System—Leading Trend Among Key Market Players
Figure 17 Lighting Control and Management Systems Market, By Installation Type
Figure 18 New Installation Expected to Dominate Lighting Control and Management System Market During Forecast Period
Figure 19 APAC to Hold Largest Share of Lighting Control and Management System Market for New Installation During Forecast Period
Figure 20 Lighting Control and Management System Market, By Offering
Figure 21 Lighting Control and Management System Market for Services is Expected to Grow at Highest CAGR During Forecast Period
Figure 22 LED Drivers & Ballasts Expected to Account for Largest Share of Lighting Control and Management System Market During Forecast Period
Figure 23 APAC Expected to Dominate Lighting Control and Management System Market for Hardware During Forecast Period
Figure 24 APAC Expected to Dominate Lighting Control and Management System Market for Software During Forecast Period
Figure 25 Maintenance Services Expected to Account for Largest Share of Lighting Control and Management System Market for Services During Forecast Period
Figure 26 Lighting Control and Management System Market, By Application
Figure 27 Indoor Application is Expected to Account for Largest Share in Lighting Control and Management System Market During Forecast Period
Figure 28 Industrial Indoor Application is Expected to Grow at Highest CAGR in Lighting Control and Management System Market During Forecast Period
Figure 29 APAC is Expected to Dominate Residential Indoor Application of Lighting Control and Management System Market During Forecast Period
Figure 30 APAC is Expected to Grow at Highest CAGR in Lighting Control and Management System Market for Industrial Indoor Application During Forecast Period
Figure 31 Highways & Roadways Lighting is Expected to Account for Largest Share of Lighting Control and Management System Market for Outdoor Application During the Forecast Period
Figure 32 APAC Expected to Grow at Highest CAGR in Lighting Control and Management System Market for Highways & Roadways Lighting Application During Forecast Period
Figure 33 Lighting Control and Management System Market, By Communication Protocol
Figure 34 Wireless Communication Protocol Expected to Grow at Highest CAGR in Lighting Control and Management System Market During Forecast Period
Figure 35 POE Protocol Expected to Grow at Highest CAGR in Lighting Control and Management System Market for Wired Communication Protocol During Forecast Period
Figure 36 ZigBee is Expected to Dominate Lighting Control and Management System Market for Wireless Communication Protocol During Forecast Period
Figure 37 Lighting Control and Management System Market, By Geography
Figure 38 Lighting Control and Management System Market,Geographic Snapshot
Figure 39 Snapshot: Lighting Control and Management System Market in North America
Figure 40 Industrial Application is Expected to Grow at Highest CAGR in North America During Forecast Period
Figure 41 US Expected to Hold Largest Share of Lighting Control and Management System Market During Forecast Period
Figure 42 Snapshot: Lighting Control and Management System Market in Europe
Figure 43 Residential Indoor Application in Europe Expected to Hold Largest Share of Lighting Control and Management System Market in 2017
Figure 44 Germany Expected to Hold Largest Share of Lighting Control and Management System Market in Europe
Figure 45 Snapshot: Lighting Control and Management System Market in APAC
Figure 46 Residential Indoor Application in APAC Expected to Hold Largest Share of Lighting Control and Management System Market During Forecast Period
Figure 47 China Expected to Hold Largest Share of Lighting Control and Management System Market in APAC
Figure 48 Middle East Expected to Hold Largest Share of Lighting Control and Management System Market in RoW
Figure 49 Key Growth Strategies Adopted By the Top Companies Between 2015 and 2017
Figure 50 Battle for Market Share: Product Launches Emerged as the Key Strategy Between 2015 and 2017
Figure 51 Competitive Leadership Mapping
Figure 52 Geographic Revenue Mix of Major Players in Lighting Control and Management System Market, 2016
Figure 53 General Electric Company: Company Snapshot
Figure 54 Philips Lighting N.V.: Company Snapshot
Figure 55 Eaton Corporation PLC: Company Snapshot
Figure 56 Legrand S.A.: Company Snapshot
Figure 57 Osram Licht AG: Company Snapshot
Figure 58 Acuity Brands, Inc.: Company Snapshot
Figure 59 Cree, Inc.: Company Snapshot
Figure 60 Echelon Corporation: Company Snapshot
Figure 61 Lightwaverf PLC: Company Snapshot

According to MarketsandMarkets’ forecast, the lighting control system market, is expected to grow from USD 12.22 Billion in 2016 to USD 38.67 Billion by 2023, at a CAGR of 17.82% between 2017 and 2023. High requirement of energy-efficient lighting control systems, increasing adoption of Internet of Things (IoT) in lighting industry, acceptance of standard protocols for lighting control, and modernization and infrastructure development are the major drivers for the lighting control system.

This report covers the lighting control system market on the basis of installation type, offering, application, communication protocol, and geography.

The lighting control system market based on offering is dominated by hardware components. The hardware components in lighting products are LED drivers and ballasts, sensors, switches, dimmers, relay units, and gateways. LED drivers and ballasts components held a major share of the market for hardware components. The lighting control system market for the services segment is expected to grow at a significant rate during the forecast period. The growth of the services segment is mainly propelled by the use of lighting services for the purpose of cost savings along with energy conservation and it is ecologically safe option.

The market for outdoor applications is expected to grow at a significant rate between 2017 and 2023. Increasing focus on enhancing connectivity by building roads and road lights, especially in the developing countries of the APAC region, would spur the growth of the outdoor lighting control system market. The indoor applications accounted for a major share of the lighting control system market in 2016.

The lighting control system market for the wireless communication protocol is expected to grow at a high rate between 2017 and 2023. The development of wireless technologies for lighting control systems is expected to propel the market for wireless communication technologies during the forecast period. ZigBee is expected to dominate the wireless communication protocol market for lighting control systems during the forecast period.

Lighting Control System Market

APAC accounted for a major share of the lighting control system market in 2016. The emerging economies of China and India are impacting the lighting control system market significantly. Also, APAC is expected to be the fastest-growing region for the lighting control system market during the forecast period owing to the rapid infrastructure building activities being undertaken in this region, mainly China where smart lighting paves the way for the modernization of infrastructure.

The major restraining factors for the growth of lighting control system market include the perception of higher cost of installations and limited awareness about payback periods, and security and privacy issues in IoT-based lighting systems. The major vendors in the lighting control system market are General Electric Company (GE) (US), Philips Lighting NV (Netherlands), Eaton Corporation (Ireland), Legrand S.A. (France), OSRAM Licht AG (Germany), and Acuity Brands Inc. (US), among others. These players adopt various strategies such as product launches, product developments, partnerships, contracts, agreements, mergers and acquisitions, collaborations and expansions to cater to the needs of their customers.

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