Lighting Control System Market

Lighting Control System Market by Installation Type (New and Retrofit), Offering (Hardware, Software, and Services), End-use Application (Indoor and Outdoor), Communication Protocol, and Geography - Global Forecast to 2024

Report Code: SE 5389 Oct, 2019, by marketsandmarkets.com

[201 Pages Report] The lighting control system market is estimated to grow from USD 19.5 billion in 2019 and projected to reach USD 39.0 billion by 2024, at a CAGR of 14.8%. The most significant factor driving the growth of this market is the growing requirement for energy-efficient connected lighting controls due to the increased awareness to reduce energy consumption. The growing demand for intelligent street lighting systems, upcoming smart city projects in developing economies, rising adoption and decreasing cost of LEDs, and increasing awareness of worldwide consumers and governments about the importance of saving energy, along with the modernization and infrastructure development, are the major factors contributing to the growing demand for lighting control systems.

Lighting Control System Market

“Hardware segment to dominate lighting control system market (in terms of share) during the forecast period”

The lighting control system market based on offering is dominated by hardware components. Hardware components in lighting products are LED drivers and ballasts, sensors, switches, dimmers, relay units, and gateways. LED drivers and ballast components held a major share of the market for hardware components. Increasing demand for energy-saving lighting systems is a key driving factor for the lighting control system market for hardware.

“New installations to hold larger size of lighting control system market during forecast period”

New installations are expected to account for a larger share of the lighting control system market during the forecast period. The increase in global efforts in infrastructure improvement-related works, mostly in buildings used for residential and commercial purposes, is a driving factor for the dominance of the lighting control system market for new installations.

“Lighting control system market for wireless communication protocols expected to grow at higher CAGR during the forecast period”

The lighting control system market for the wireless communication protocol is expected to grow at a high CAGR during the forecast period. The development of wireless technologies for lighting control systems is expected to propel the market for wireless communication technologies during the forecast period.

“APAC to hold major share of lighting control system market during forecast period.”

APAC accounted for a major share of the lighting control system market in 2018. APAC is expected to be the fastest-growing region for the lighting control system market during the forecast period owing to the rapid infrastructure-related activities being undertaken in this region, mainly in China, where smart lighting paves the way for the modernization of infrastructure. Factors such as the ever-growing population, increasing per capita income, as well as vast geographic expansions, have indirectly contributed to the growth of the market for lighting control systems in the Asian countries.

Lighting Control System Market

Key Market Players

Major players in the lighting control system market are Signify Holding (Signify, Netherlands), Legrand S.A. (Legrand, France), Eaton Corporation (Eaton, Ireland), General Electric Company (GE, US), and OSRAM Licht AG (OSRAM, Germany). Other players operating in the lighting control system market include Acuity Brands, Inc. (Acuity, US), Leviton Manufacturing Company, Inc. (Leviton, US), Lutron Electronics Co. Inc. (Lutron, US), Ideal Industries Inc. (Ideal Industries, US), Schneider Electric (Schneider, France), and Honeywell International Inc. (Honeywell, US)

Signify Holding (Netherlands) is an industry leader in the lighting market space. The company’s market experience and brand name allow it to capitalize on the fundamental market dynamics taking place in the lighting industry and deliver innovative solutions that create value and ensure its growth. The company aims to further invest in connected lighting systems to win contracts related to the supply of connected lighting systems and other lighting control equipment. The company also adopts the strategy of an acquisition. For instance, in April 2019, it acquired WiZ Connected—developer of the WiZ Wi-Fi-based connected lighting ecosystem. This acquisition will allow Signify to extend its leadership position in the Wi-Fi-based smart lighting market.

To maintain its leadership in the lighting control system market, Signify Holdings could consider revised competitive pricing for its products in the connected lighting space to compete with regional solution providers. Also, with the growing innovations in voice-controlled lighting systems, the company could focus on developing voice-controlled lighting control solutions. Also, it could leverage its early-mover advantage in emerging lighting applications, such as solar lighting, horticulture lighting, human-centric lighting, and specialty lighting.

Report Scope

Lighting Control System Market

Lighting Control System Market Segmentation

Market, by Installation Type

  • New Installation
  • Retrofit

Market, by Offering

  • Hardware
    • LED Drivers and Ballasts
    • Sensors
    • Switches
      • Manual On/Off Switches
      • Electronic Switches
  • Dimmers
    • Wired Dimmers
    • Wireless Dimmers
  • Relay Units
  • Gateways
  • Software
    • Local/Web Based
    • Cloud Based
  • Services
    • Professional Services
    • Installation and Maintenance Services

      By End-use Application

      • Indoor
        • Residential
        • Commercial
        • Industrial
        • Others
      • Outdoor
        • Highways & Roadways Lighting
        • Architectural Lighting
        • Lighting for Public Places

      By Communication Protocol

      • Wired
        • DALI
        • PLC
        • POE
        • Wired Hybrid Protocols
        • Others
      • Wireless
        • ZigBee
        • Bluetooth/BLE
        • EnOcean
        • Wi-Fi
        • 6LoWPAN  
        • Wireless Hybrid Protocols
        • Others

      By Geography

      • North America
      • Europe
      • APAC
      • RoW

      Key Developments

      • In July 2019, Schneider Electric announced to integrate its EcoStruxure platform with Lutron’s Quantum solution for motorized window shades and digital light fixture controls in patient rooms. This integrated digital solution would feature lighting, automated shading, and fixture control solutions by Lutron Electronics.
      • In May 2019, Legrand announced the launch of the Wattstopper Wireless Digital Lighting Management (DLM) system. Wireless DLM builds upon the success of the original wired DLM system by extending its capabilities into IP-based wireless control.
      • In April 2019, Legrand announced the completion of the acquisition of Universal Electric Corporation (UEC), a global leader in the development of flexible, customizable power distribution systems, and manufacturer of the STARLINE and U-S Safety Trolley suites of products.

      Key Questions Addressed by the Report:

      • What are the opportunities for lighting control system providers?
      • How much growth is expected from hardware, software, and services in the market?
      • Who are the major competitors in the market at present and in the near future, and what are their growth strategies?
      • What are the major end-use applications of lighting control systems?
      • What are the major communication protocols used in lighting control systems, and what are their impact on the lighting control system market and its growth in the near future?

      To speak to our analyst for a discussion on the above findings, click Speak to Analyst

    • Table of Contents

      1 Introduction (Page No. - 20)
          1.1 Study Objectives
          1.2 Definition & Scope
                 1.2.1 Inclusions and Exclusions
          1.3 Study Scope
                 1.3.1 Markets Covered
                 1.3.2 Geographic Scope
                 1.3.3 Years Considered
          1.4 Currency
          1.5 Limitations
          1.6 Stakeholders

      2 Research Methodology (Page No. - 24)
          2.1 Research Data
                 2.1.1 Secondary Data
                          2.1.1.1 Key Data From Secondary Sources
                 2.1.2 Primary Data
                          2.1.2.1 Breakdown of Primaries
                          2.1.2.2 Key Data From Primary Sources
                          2.1.2.3 Key Industry Insights
          2.2 Market Size Estimation
                 2.2.1 Bottom-Up Approach
                 2.2.2 Top-Down Approach
          2.3 Market Breakdown and Data Triangulation
          2.4 Research Assumptions

      3 Executive Summary (Page No. - 32)

      4 Premium Insights (Page No. - 36)
          4.1 Attractive Opportunities for Growth of Lighting Control System Market
          4.2 Global Lighting Control System Market, By Offering
          4.3 Global Lighting Control System Market, By Installation Type
          4.4 Global Lighting Control System Market, By End-Use Application
          4.5 Global Lighting Control System Market, By Indoor Application
          4.6 Global Lighting Control System Market, By Outdoor Application
          4.7 Global Lighting Control System Market, By Geography

      5 Market Overview (Page No. - 40)
          5.1 Introduction
          5.2 Market Dynamics
                 5.2.1 Drivers
                          5.2.1.1 Ongoing and Upcoming Smart City Projects in Developing Economies
                          5.2.1.2 Increasing use of Led Lights and Luminaries in Outdoor Lighting Applications
                          5.2.1.3 Government Initiatives and Policies for Energy Savings
                          5.2.1.4 Growing Acceptance of Standard Protocols for Lighting Control Systems
                 5.2.2 Restraints
                          5.2.2.1 Security and Reliability Issues With Smart Homes
                          5.2.2.2 High Initial and Deployment Costs
                 5.2.3 Opportunities
                          5.2.3.1 Rapid Transition From Traditional Lighting Systems to Connected Lighting Solutions
                          5.2.3.2 Growing Inclination Toward Energy-Efficient Lighting Solutions
                 5.2.4 Challenges
                          5.2.4.1 Interoperability Issues Between Different Network Components

      6 Industry Trends (Page No. - 46)
          6.1 Introduction
          6.2 Value Chain Analysis
                 6.2.1 Research and Development Engineers
                 6.2.2 Raw Material/Input Suppliers
                 6.2.3 Original Equipment Manufacturers
                 6.2.4 System Integrators and Service Providers
                 6.2.5 Distributors and Sales Representatives
                 6.2.6 End-Use Applications
          6.3 Industry Trends

      7 Lighting Control System Market, By Installation Type (Page No. - 49)
          7.1 Introduction
          7.2 New Installations
                 7.2.1 New Installations Expected to Dominate Lighting Control System Market During the Forecast Period
          7.3 Retrofit Installations
                 7.3.1 Retrofit Installations to Grow at Higher CAGR in Lighting Control System Market During Forecast Period

      8 Lighting Control System Market, By Offering (Page No. - 54)
          8.1 Introduction
          8.2 Hardware
                 8.2.1 Led Drivers& Ballasts Expected to Account for Largest Share of Lighting Control System Market for Hardware During the Forecast Period
                          8.2.1.1 Led Drivers & Ballasts
                          8.2.1.2 Sensors
                          8.2.1.3 Switches
                                     8.2.1.3.1 Manual On/Off Switches
                                     8.2.1.3.2 Electronic Switches
                          8.2.1.4 Dimmers
                                     8.2.1.4.1 Wired Dimmers
                                     8.2.1.4.2 Wireless Dimmers
                          8.2.1.5 Relay Units
                          8.2.1.6 Gateways
          8.3 Software
                 8.3.1 Cloud-Based Software Market to Exhibit Highest Growth During Forecast Period
                          8.3.1.1 Local/Web-Based Software
                          8.3.1.2 Cloud-Based Software
          8.4 Services
                 8.4.1 Installation & Maintenance Services to Account for Largest Share of Lighting Control System Market for Services During the Forecast Period
                          8.4.1.1 Professional Services
                          8.4.1.2 Installation and Maintenance Services

      9 Lighting Control System Market, By End-Use Application (Page No. - 71)
          9.1 Introduction
          9.2 Indoor
                 9.2.1 Commercial Indoor Application Expected to Grow at High CAGR in Lighting Control System Market During Forecast Period
                          9.2.1.1 Residential
                          9.2.1.2 Commercial
                          9.2.1.3 Industrial
                          9.2.1.4 Others
          9.3 Outdoor
                 9.3.1 Highways & Roadways to Account for Major Share of Lighting Control System Market During Forecast Period
                          9.3.1.1 Highways & Roadways Lighting
                          9.3.1.2 Architectural Lighting
                          9.3.1.3 Lighting for Public Places

      10 Lighting Control System Market, By Communication Protocol (Page No. - 82)
           10.1 Introduction
           10.2 Wired
                   10.2.1 POE Protocol to Exhibit Highest Growth in Lighting Control System Market for Wired Communication Protocol During Forecast Period
                             10.2.1.1 Digital Addressable Lighting Interface (DALI)
                             10.2.1.2 Power Line Communication (PLC)
                             10.2.1.3 Power Over Ethernet (POE)
                             10.2.1.4 Hybrid (Wired)
                             10.2.1.5 Others
           10.3 Wireless
                   10.3.1 Zigbee Expected to Dominate Lighting Control System Market for Wireless Communication Protocol During Forecast Period
                             10.3.1.1 Zigbee
                             10.3.1.2 Bluetooth Low Energy (BLE)
                             10.3.1.3 Enocean
                             10.3.1.4 Wi-Fi
                             10.3.1.5 6lowpan
                             10.3.1.6 Hybrid (Wireless)
                             10.3.1.7 Others

      11 Geographic Analysis (Page No. - 91)
           11.1 Introduction
           11.2 North America
                   11.2.1 US
                             11.2.1.1 US to Hold Major Share of Lighting Control System Market in North America During Forecast Period
                   11.2.2 Canada
                             11.2.2.1 Outdoor Lighting to Drive the Lighting Control System Market in Canada During Forecast Period
                   11.2.3 Mexico
                             11.2.3.1 Government Initiatives to Implement Energy-Efficient Lighting Systems to Drive Lighting Control System Market in Mexico
           11.3 Europe
                   11.3.1 UK
                             11.3.1.1 Demand for Energy-Saving Lighting Solutions for Indoor Application to Drive Lighting Control System Market in UK
                   11.3.2 Germany
                             11.3.2.1 Germany to Hold Major Share of Lighting Control System Market in Europe in 2018
                   11.3.3 France
                             11.3.3.1 Hardware Segment of Lighting Control System Market to Hold Major Share in France During Forecast Period
                   11.3.4 Italy
                             11.3.4.1 Outdoor Lighting Application to Create Demand for Lighting Control Systems in Italy
                   11.3.5 Spain
                             11.3.5.1 Government Regulations for Reducing Emissions Driving Adoption of Lighting Control Systems in Spain
                   11.3.6 Rest of Europe
                             11.3.6.1 Rest of Europe to Exhibit Highest Growth in European Lighting Control System Market
                                         11.3.6.1.1 Russia
                                         11.3.6.1.2 Netherlands
                                         11.3.6.1.3 Switzerland
                                         11.3.6.1.4 Sweden
                                         11.3.6.1.5 Poland
                                         11.3.6.1.6 Norway
           11.4 APAC
                   11.4.1 China
                             11.4.1.1 Increasing Government Expenditure on Public Infrastructure to Drive the Lighting Control System Market in China
                   11.4.2 Japan
                             11.4.2.1 Indoor Lighting Application to Boost Demand for Lighting Control Systems in Japan
                   11.4.3 India
                             11.4.3.1 Government Support Expected to Drive Lighting Control System Market in India
                   11.4.4 South Korea
                             11.4.4.1 Energy Efficiency Labels & Standard Program Expected to Boost Growth of Lighting Control Systems in South Korea
                   11.4.5 Rest of APAC
                             11.4.5.1 Rest of APAC to Witness Rapid Growth in Market for Outdoor Application During Forecast Period
           11.5 Rest of the World
                   11.5.1 Middle East & Africa
                             11.5.1.1 Rapid Growth in Urbanization to Drive Lighting Control System Market
                   11.5.2 South America
                             11.5.2.1 South America to Witness High Growth in Lighting Control System Market on Back of Indoor Application

      12 Competitive Landscape (Page No. - 132)
           12.1 Overview
           12.2 Lighting Control System Market: Market Ranking Analysis, 2018
           12.3 Competitive Situations and Trends
                   12.3.1 Product Launches & Developments
                   12.3.2 Agreements, Partnerships, Collaborations, Contracts, and Joint Ventures
                   12.3.3 Mergers & Acquisitions
           12.4 Competitive Leadership Mapping
                   12.4.1 Visionary Leaders
                   12.4.2 Dynamic Differentiators
                   12.4.3 Innovators
                   12.4.4 Emerging Companies

      13 Company Profiles (Page No. - 147)
      (Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View and Right-To-Win)*
           13.1 Introduction
           13.2 Key Players
                   13.2.1 Signify Holding (Philips Lighting)
                   13.2.2 Legrand S.A.
                   13.2.3 Eaton Corporation PLC
                   13.2.4 General Electric Company (Current-Powered By GE)
                   13.2.5 OSRAM Licht AG
                   13.2.6 Acuity Brands, Inc.
                   13.2.7 Lutron Electronics Co., Inc.
                   13.2.8 Schneider Electric SE
                   13.2.9 Honeywell International Inc.
                   13.2.10 Ideal Industries, Inc.
                   13.2.11 Hubbell Incorporated
           13.3 Other Important Players
                   13.3.1 Leviton Manufacturing Company, Inc.
                   13.3.2 Dialight PLC
                   13.3.3 Helvar
                   13.3.4 Zumtobel Group
           13.4 Key Innovators
                   13.4.1 Lightwaverf PLC
                   13.4.2 Rab Lighting Inc.
                   13.4.3 Synapse Wireless, Inc. (Mcwane, Inc.)
                   13.4.4 Panasonic
                   13.4.5 Adesto Technologies (Echelon Corporation)

      *Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View, and Right-To-Win Might Not be Captured in Case of Unlisted Companies.

      14 Appendix (Page No. - 195)
           14.1 Insights From Industry Experts
           14.2 Discussion Guide
           14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
           14.4 Available Customization
           14.5 Related Reports
           14.6 Author Details


      List of Tables (102 Tables)

      Table 1 Lighting Control System Market, By Installation Type, 2016—2024 (USD Billion)
      Table 2 Lighting Control System Market for New Installations, By Region, 2016—2024 (USD Million)
      Table 3 Lighting Control System Market for Retrofit Installations, By Region, 2016—2024 (USD Million)
      Table 4 Lighting Control System Market, By Offering, 2016—2024 (USD Billion)
      Table 5 Lighting Control System Market for Hardware, By Device Type, 2016—2024 (USD Million)
      Table 6 Lighting Control System Market for Switches, By Type, 2016—2024 (USD Billion)
      Table 7 Lighting Control System Market for Dimmers, By Type, 2016—2024 (USD Million)
      Table 8 Lighting Control System Market for Hardware, By Region, 2016—2024 (USD Million)
      Table 9 Lighting Control System Market for Hardware in North America, By Country, 2016—2024 (USD Million)
      Table 10 Lighting Control System Market for Hardware in Europe, By Country, 2016—2024 (USD Million)
      Table 11 Lighting Control System Market for Hardware in APAC, By Country, 2016—2024 (USD Million)
      Table 12 Lighting Control System Market for Hardware in RoW, By Region, 2016—2024 (USD Million)
      Table 13 Lighting Control System Market for Software, By Deployment Type, 2016—2024 (USD Million)
      Table 14 Lighting Control System Market for Software, By Region, 2016—2024 (USD Million)
      Table 15 Lighting Control System for Software in North America, By Country, 2016—2024 (USD Million)
      Table 16 Lighting Control System for Software in Europe, By Country, 2016—2024 (USD Million)
      Table 17 Lighting Control System for Software in APAC, By Country, 2016—2024 (USD Million)
      Table 18 Lighting Control System for Software in RoW, By Region, 2016—2024 (USD Million)
      Table 19 Lighting Control System Market for Services, By Service Type, 2016—2024 (USD Million)
      Table 20 Lighting Control System Market for Services, By Region, 2016—2024 (USD Million)
      Table 21 Lighting Control System Services Market in North America, By Country, 2016—2024 (USD Million)
      Table 22 Lighting Control System Market for Services in Europe, By Country, 2016—2024 (USD Million)
      Table 23 Lighting Control System Market for Services in APAC, By Country, 2016—2024 (USD Million)
      Table 24 Lighting Control System Market for Services in RoW, By Region, 2016—2024 (USD Million)
      Table 25 Lighting Control System Market, By End-Use Application, 2016—2024 (USD Billion)
      Table 26 Lighting Control System Market, By Indoor Application, 2016—2024 (USD Million)
      Table 27 Lighting Control System Market for Indoor Application, By Region, 2016—2024, USD (Billion)
      Table 28 Lighting Control System Market for Residential Indoor Application, By Region, 2016—2024 (USD Million)
      Table 29 Lighting Control System Market for Commercial Indoor Application, By Region, 2016—2024, (USD Million)
      Table 30 Lighting Control System Market for Industrial Indoor Application, By Region, 2016—2024 (USD Million)
      Table 31 Lighting Control System Market for Industrial Indoor Application, By Region, 2016—2024 (USD Million)
      Table 32 Lighting Control System Market for Outdoor Application, By Type, 2016—2024 (USD Million)
      Table 33 Lighting Control System Market for Outdoor Application, By Region, 2016—2024 (USD Million)
      Table 34 Lighting Control System Market for Highways & Roadways Lighting Application, By Region, 2016—2024 (USD Million)
      Table 35 Lighting Control System Market for Architectural Lighting Application, By Region, 2016—2024 (USD Million)
      Table 36 Lighting Control System Market for Lighting of Public Places, By Region, 2016—2024 (USD Million)
      Table 37 Lighting Control System Market, By Communication Protocol, 2016—2024 (USD Billion)
      Table 38 Lighting Control System Market, By Wired Communication Protocol, 2016—2024 (USD Million)
      Table 39 Lighting Control System Market, By Wireless Communication Protocol, 2016—2024 (USD Million)
      Table 40 Lighting Control System Market, By Region, 2016—2024 (USD Billion)
      Table 41 Lighting Control System Market in North America, By Offering, 2016—2024 (USD Million)
      Table 42 Lighting Control System Market in North America, By End-Use Application, 2016—2024 (USD Million)
      Table 43 Lighting Control System Market in North America, By Indoor Application, 2016—2024 (USD Million)
      Table 44 Lighting Control System Market in North America, By Outdoor Application, 2016—2024 (USD Million)
      Table 45 Lighting Control System Market in North America, By Installation Type, 2016—2024 (USD Million)
      Table 46 Lighting Control System Market in North America, By Country, 2016—2024 (USD Million)
      Table 47 Lighting Control System Market in US, By Offering, 2016—2024 (USD Million)
      Table 48 Lighting Control System Market in US, By End-Use Application, 2016—2024 (USD Million)
      Table 49 Lighting Control System Market in US, By Installation Type, 2016—2024 (USD Million)
      Table 50 Lighting Control System Market in Canada, By Offering, 2016—2024 (USD Million)
      Table 51 Lighting Control System Market in Canada, By End-Use Application, 2016—2024 (USD Million)
      Table 52 Lighting Control System Market in Mexico, By Offering, 2016—2024 (USD Million)
      Table 53 Lighting Control System Market in Mexico, By End-Use Application, 2016—2024 (USD Million)
      Table 54 Lighting Control System Market in Europe, By Offering, 2016—2024 (USD Million)
      Table 55 Lighting Control System Market in Europe, By Application, 2016—2024 (USD Million)
      Table 56 Lighting Control System Market in Europe, By Indoor Application, 2016—2024 (USD Million)
      Table 57 Lighting Control System Market in Europe, By Outdoor Application, 2016—2024 (USD Million)
      Table 58 Lighting Control System Market in Europe, By Installation Type, 2016—2024 (USD Billion)
      Table 59 Lighting Control System Market in Europe, By Country, 2016—2024 (USD Million)
      Table 60 Lighting Control System Market in UK, By Offering, 2016—2024 (USD Million)
      Table 61 Lighting Control System Market in UK, By End-Use Application, 2016—2024 (USD Million)
      Table 62 Lighting Control System Market in UK, By Installation Type, 2016—2024 (USD Million)
      Table 63 Lighting Control System Market in Germany, By Offering, 2016—2024 (USD Million)
      Table 64 Lighting Control System Market in Germany, By End-Use Application, 2016—2024 (USD Million)
      Table 65 Lighting Control System Market in Germany, By Installation Type, 2016—2024 (USD Million)
      Table 66 Lighting Control System Market in France, By Offering, 2016—2024 (USD Million)
      Table 67 Lighting Control System Market in France, By End-Use Application, 2016—2024 (USD Million)
      Table 68 Lighting Control System Market in Italy, By Offering,  2016—2024 (USD Million)
      Table 69 Lighting Control System Market in Italy, By End-Use Application, 2016—2024 (USD Million)
      Table 70 Lighting Control System Market in Spain, By Offering, 2016—2024 (USD Million)
      Table 71 Lighting Control System Market in Spain, By End-Use Application, 2016—2024 (USD Million)
      Table 72 Lighting Control System Market in Rest of Europe, By Offering, 2016—2024 (USD Million)
      Table 73 Lighting Control System Market in Rest of Europe, By Country, 2016—2024 (USD Million)
      Table 74 Lighting Control System Market in Rest of Europe, By End-Use Application, 2016—2024 (USD Million)
      Table 75 Lighting Control System Market in APAC, By Offering, 2016—2024 (USD Million)
      Table 76 Lighting Control System Market in APAC, By Application, 2016—2024 (USD Billion)
      Table 77 Lighting Control System Market in APAC, By Indoor Application, 2016—2024 (USD Million)
      Table 78 Lighting Control System Market in APAC, By Outdoor Application, 2016—2024 (USD Million)
      Table 79 Lighting Control System Market in APAC, By Installation Type, 2016—2024 (USD Billion)
      Table 80 Lighting Control System Market in APAC, By Country, 2016—2024 (USD Billion)
      Table 81 Lighting Control System Market in China, By Offering, 2016—2024 (USD Million)
      Table 82 Lighting Control System Market in China, By End-Use Application, 2016—2024 (USD Million)
      Table 83 Lighting Control System Market in China, By Installation Type, 2016—2024 (USD Million)
      Table 84 Lighting Control System Market in Japan, By Offering, 2016—2024 (USD Million)
      Table 85 Lighting Control System Market in Japan, By End-Use Application, 2016—2024 (USD Million)
      Table 86 Lighting Control System Market in India, By Offering, 2016—2024 (USD Million)
      Table 87 Lighting Control System Market in India, By End-Use Application, 2016—2024 (USD Million)
      Table 88 Lighting Control System Market in South Korea, By Offering, 2016—2024 (USD Million)
      Table 89 Lighting Control System Market in South Korea, By End-Use Application, 2016—2024 (USD Million)
      Table 90 Lighting Control System Market in Rest of APAC, By Offering, 2016—2024 (USD Million)
      Table 91 Lighting Control System Market in Rest of APAC, By End-Use Application, 2016—2024 (USD Million)
      Table 92 Lighting Control System Market in RoW, By Offering, 2016—2024 (USD Million)
      Table 93 Lighting Control System Market in RoW, By Application, 2016—2024 (USD Million)
      Table 94 Lighting Control System Market in RoW, By Indoor Application, 2016—2024 (USD Million)
      Table 95 Lighting Control System Market in RoW, By Outdoor Application, 2016—2024 (USD Million)
      Table 96 Lighting Control System Market in RoW, By Installation Type, 2016—2024 (USD Million)
      Table 97 Lighting Control System Market in RoW, By Region, 2016—2024 (USD Million)
      Table 98 Lighting Control System Market in Middle East & Africa, By Offering, 2016—2024 (USD Million)
      Table 99 Lighting Control System Market in Middle East & Africa, By End-Use Application, 2016—2024 (USD Million)
      Table 100 Lighting Control System Market in Middle East & Africa, By Installation Type, 2016—2024 (USD Million)
      Table 101 Lighting Control System Market in South America, By Offering, 2016—2024 (USD Million)
      Table 102 Lighting Control System Market in South America, By End-Use Application, 2016—2024 (USD Million)


      List of Figures (64 Figures)
       
      Figure 1 Lighting Control System Market: Market Segmentation
      Figure 2 Lighting Control System Market: Process Flow of Market Size Estimation
      Figure 3 Lighting Control System Market: Research Design
      Figure 4 Bottom-Up Approach to Arrive at Market Size
      Figure 5 Top-Down Approach to Arrive at Market Size
      Figure 6 Data Triangulation
      Figure 7 Assumptions of Research Study
      Figure 8 New Installations to Hold Larger Size of Lighting Control System Market During Forecast Period
      Figure 9 Lighting Control System Market for Services Expected to Grow at Highest CAGR During Forecast Period
      Figure 10 Lighting Control System Market for Wireless Communication Protocols Expected to Grow at Higher CAGR During Forecast Period
      Figure 11 APAC Held Major Share of Lighting Control System Market in 2018
      Figure 12 Lighting Control System Market Expected to Exhibit High Growth From 2019 to 2024
      Figure 13 Lighting Control System for Hardware to Hold Largest Share During Forecast Period
      Figure 14 Lighting Control System Market for New Installations to Hold Larger Size During Forecast Period
      Figure 15 Indoor Application to Hold Larger Size of Lighting Control System Market During Forecast Period
      Figure 16 Lighting Control System Market for Commercial Application to Hold Largest Size in 2024
      Figure 17 Highways and Roadways Lighting to Account for Largest Market Size During Forecast Period
      Figure 18 APAC to Account for Largest Size of Lighting Control System Market During Forecast Period
      Figure 19 Government Initiatives and Policies to Drive Lighting Control System Market
      Figure 20 Smart Cities Market (USD Billion)
      Figure 21 Lighting Control System Market: Value Chain Analysis
      Figure 22 Leading Trends in Lighting Control System Market
      Figure 23 Lighting Control System Market, By Installation Type
      Figure 24 New Installations to Hold Larger Size During Forecast Period
      Figure 25 APAC to Hold Largest Size of Lighting Control System Market for New Installations During Forecast Period
      Figure 26 Lighting Control System Market, By Offering
      Figure 27 Lighting Control System Market for Services Expected to Grow at Highest CAGR During Forecast Period
      Figure 28 Lighting Control System Market, By Hardware
      Figure 29 Lighting Control System Market for Sensors to Grow at Highest CAGR During Forecast Period
      Figure 30 Shipment of Electronic Switches to Grow at Higher CAGR During Forecast Period
      Figure 31 Lighting Control System Market, By Software
      Figure 32 Lighting Control System Market, By Service
      Figure 33 Lighting Control System Market, By End-Use Application
      Figure 34 Indoor Application to Hold Larger Size of Lighting Control System Market During Forecast Period
      Figure 35 Residential Indoor Application Held Largest Size of Lighting Control System Market in 2018
      Figure 36 Highways & Roadways Lighting to Hold Larger Size of Lighting Control System Market for Outdoor Application During Forecast Period
      Figure 37 Lighting Control System Market, By Communication Protocol
      Figure 38 Lighting Control System Market for Wireless Communication Protocols to Grow at Higher CAGR During Forecast Period
      Figure 39 DALI Protocol to Hold Largest Size of Lighting Control System Market for Wired Communication Protocol During Forecast Period
      Figure 40 Lighting Control System Market for BLE Wireless Protocol to Grow at Highest CAGR During Forecast Period
      Figure 41 Lighting Control System Market, By Geography
      Figure 42 Lighting Control System Market, Geographic Snapshot
      Figure 43 Snapshot: Lighting Control System Market in North America
      Figure 44 Market for Commercial End-Use Application in North America Expected to Grow at Highest CAGR During Forecast Period
      Figure 45 US to Account for Largest Size of Lighting Control System Market in North America During Forecast Period
      Figure 46 Snapshot: Lighting Control System Market in Europe
      Figure 47 Residential Indoor Application in Europe Held Largest Size of Lighting Control System Market in 2018
      Figure 48 Germany to Hold Largest Size of Lighting Control System Market in Europe
      Figure 49 Snapshot: Lighting Control System Market in APAC
      Figure 50 Residential Indoor Application in APAC Held Largest Size of Lighting Control System Market in 2018
      Figure 51 Lighting Control System Market in India Expected to Grow at Highest CAGR During Forecast Period
      Figure 52 Middle East & Africa Expected to Hold Largest Size of Lighting Control System Market in RoW By 2024
      Figure 53 Key Developments By Leading Players in Market From 2016 to 2019
      Figure 54 Market Ranking of Top 5 Players in Lighting Control System Market, 2018
      Figure 55 Competitive Leadership Mapping (Global) Lighting Control System Market, 2018
      Figure 56 Signify: Company Snapshot
      Figure 57 Legrand: Company Snapshot
      Figure 58 Eaton Corporation PLC: Company Snapshot
      Figure 59 General Electric Company: Company Snapshot
      Figure 60 OSRAM Licht AG: Company Snapshot
      Figure 61 Acuity Brands: Company Snapshot
      Figure 62 Schneider Electric: Company Snapshot
      Figure 63 Honeywell International Inc.: Company Snapshot
      Figure 64 Hubbell Incorporated: Company Snapshot

      The study involved four major activities for estimating the size of the lighting control system market. Exhaustive secondary research has been done to collect information on the market, including its peer markets. These findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been employed to estimate the market size of segments and subsegments.

      Secondary Research

      In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, press releases, investor presentations, and financial statements); trade, business, and professional associations; white papers, lighting control system-based marketing-related journals, certified publications, and articles from recognized authors; gold and silver standard websites; directories; and databases. Secondary data has been collected and analyzed to arrive at the overall market size, which has further been validated through primary research. The secondary data has been collected and analyzed to arrive at the overall market size, which has further been validated by primary research.

      Primary Research

      In the primary research process, various primary sources from the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include key industry participants, subject matter experts (SMEs), C-level executives of key companies, and consultants from various key companies and organizations operating in the lighting control system market.

      Primary research has also been conducted to identify segmentation types and key players, as well as analyze the competitive landscape, key market dynamics (drivers, restraints, opportunities, and challenges), and major growth strategies adopted by market players. During market engineering, both top-down and bottom-up approaches have been extensively used, along with several data triangulation methods, to estimate and forecast the market, including the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analyses have been performed during the complete market engineering process to list the key information/insights throughout the report. Primary data has been collected through questionnaires, e-mails, and telephonic interviews.

      Lighting Control System Market

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

      Market Size Estimation

      In the market engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the overall market and other dependent submarkets listed in this report. Extensive qualitative and quantitative analyses have been performed during market engineering to list key information/insights.

      Major players in the market have been identified through secondary research, and their market ranking has been determined through primary and secondary research. This involved studying the annual and financial reports of top market players, and interviews with industry experts (such as CEOs, vice presidents, directors, and marketing executives) for key insights—both quantitative and qualitative.

      All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.

      Data Triangulation

      After arriving at the overall market size through the process explained above, the total market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all the segments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.

      Study Objectives

      • To describe and forecast the size of the lighting control system market, in terms of value, by installation type, offering, end-use application, communication protocol, and geography
      • To provide market statistics with detailed classifications, along with the respective market sizes for a few of the segments
      • To analyze the opportunities in the lighting control system market for stakeholders and detailing the competitive landscape for the market leaders
      • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market
      • 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 provide detailed information on the major factors influencing the growth of the lighting control system market (drivers, restraints, opportunities, and industry-specific challenges)
      • To strategically profile the key players and comprehensively analyze their market rankings and core competencies
      • To analyze competitive developments such as contracts, joint ventures, mergers and acquisitions, product developments, and research and development (R&D) in the lighting control system market
      • To benchmark players within the market using competitive leadership mapping, which analyzes market players on various parameters within the broad categories of business and product strategy
      • To map the competitive intelligence based on company profiles, key player strategies, and game-changing developments such as contracts, product launches, collaborations, and acquisitions

      Available Customization

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

      • Detailed analysis and profiling of additional market players (up to 5)
      Report Code
      SE 5389
      Published ON
      Oct, 2019
      Choose License Type
      BUY NOW
      • SHARE
      X
      Request Customization
      Speak to Analyst
      Speak to Analyst
      OR FACE-TO-FACE MEETING
      PERSONALIZE THIS RESEARCH
      • Triangulate with your Own Data
      • Get Data as per your Format and Definition
      • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
      • Any level of Personalization
      REQUEST A FREE CUSTOMIZATION
      LET US HELP YOU!
      • What are the Known and Unknown Adjacencies Impacting the Lighting Control System Market
      • What will your New Revenue Sources be?
      • Who will be your Top Customer; what will make them switch?
      • Defend your Market Share or Win Competitors
      • Get a Scorecard for Target Partners
      REQUEST A FREE WORKSHOP
      ADJACENT MARKETS
      REQUEST BUNDLE REPORTS
      ONLINE CHAT
      +1-888-600-6441
      • Call Us
      • +1-888-600-6441 (Corporate office hours)
      • +1-888-600-6441 (US/Can toll free)
      • +44-800-368-9399 (UK office hours)
      CONNECT WITH US
      ABOUT TRUST ONLINE
      © MarketsandMarkets Research Private Ltd. All rights reserved
      ...

      Digital Virtual Assistant - MarketsandMarkets

      Home