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LED and Lighting (Optoelectronics) Market Research Reports & Consulting

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Market Reports

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Smart Lighting Market by Product Type (Smart Bulbs, Fixtures, and Lighting Controls), Light Source (Fluorescent, LED, HID), Communication Technology (Wired, and Wireless), Software & Service, Application, and Geography - Global Forecast to 2022

The global smart lighting market is expected to exhibit a good growth potential till 2022. The global smart lighting market is expected to be valued at USD 19.47 Billion by 2022 and is expected to witness a shipment of 1.27 Billion units by 2022, at a CAGR of 27.1% and 71.3%, respectively, between 2016 and 2022. The need for energy-efficient lighting systems, development of IoT technology in the field of smart lighting, acceptance of standard protocols, and increased demand for intelligent solutions for street lighting systems are the major factors driving the growth of this market.

September 2016 $ 5650 selected

Light Control Switches Market by Product Type (Manual Switches, Electronic Switches and Dimmers), Light Source (Incandescent & Halogen, Fluorescent, LED, HID), End Users and Geography - Global Forecasts to 2022

The global light control switches market is expected to reach USD 6.25 Billion (in terms of value) and 2.85 Billion units (in terms of volume) by 2022, at a CAGR of 7.9% and 8.8%, respectively, between 2016 and 2022. The increasing consumer demand for energy-saving lighting systems, convergence of IoT and lighting, acceptance of standard protocols for lighting control, and favorable government initiatives are driving the growth of this market.

June 2016 $ 5650 selected

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