HOME Research Insight Market Leadership - Smart Lighting Market

Market Leadership - Smart Lighting Market

Smart lighting has become a key focus area in the effort to reduce the energy consumption and carbon emissions. The European market is currently at the forefront of implementing intelligent lighting systems mainly because most countries in this region are targeting a substantial reduction in energy consumption by the end of this decade; however, North America is quickly catching up. Moreover, the market in APAC is expected to grow at a high rate. The smart lighting market is experiencing a large number of activities in terms of new product launches, contracts, partnerships, agreements, mergers & acquisitions, expansions, and other activities such as research & development.

The main building blocks of the value chain of the smart lighting market are original equipment manufacturers (OEMs), suppliers, system integrators, distributors, and end users. In the existing scenario, the companies that develop lighting products which are compatible to various connecting standards hold the dominant position in the market. In the race for market leadership, Philips Lighting (Netherlands) is ahead of the other players in the smart lighting market with more than 100 years of experience in the lighting and electronics industry.

Philips (Netherlands) has been ranked first in the smart lighting market. Philips has been a leader in general lighting for a long time and has an extensive array of products which are used in residential, commercial, street lighting, highway and tunnel lighting. A big advantage that Philips has over other competitors in smart lighting is its extensive product portfolio, with lighting systems compatible with various connecting technologies ranging from DALI, KNX, and BACnet to ZigBee and EnOcean. Through its Philips Dynalite solutions range, Philips has been able to provide a “one switch” solution for complete home automation which includes intelligent control of lighting, HVAC, Audio, and home entertainment systems through a single switch. Moreover, Philips provides complete intelligent lighting solutions and supplies all the components of an intelligent lighting system, such as user interfaces, controllers, dimmers, integrating devices, which help synch with the third party systems, network and communication devices, sensors, and also software. It has launched several products based on smart lighting technology and is regarded as an innovator in this domain. Philips has been able to integrate its smart lighting technology with the current mobile and personal computing technology by launching a web-enabled LED light bulb known as Hue, which can be controlled via a mobile app through smart phones and tablet PC.

Acuity brands Inc. (U.S.) has been ranked second. It develops lighting control products under the brand names such as Lighting Control & Design, ROAM, Sensor Switch, and Synergy. It manufactures lighting fixtures, controls systems and components, with a primary focus on LED technology. It is also one of the leading lighting services providers and through retrofits it converts the general lighting systems into intelligent lighting networks. It has a range of both wired and wireless lighting products used in applications ranging from street light, retail, residential and architectural. Its recent acquisition of Adura Technologies, Inc. (U.S.) has helped it become a leading player in the wireless smart lighting market.

GE Lighting (U.S.) has been ranked third, apart from having an extensive portfolio of products in intelligent lighting; GE is also one of the leaders in building automation controls, which gives it an advantage in integrating smart lighting with smart home solutions. GE offers various indoor lighting control solutions based on DALI and 0-10V technologies. GE (U.S.) has been at the forefront in the development of smart street lighting products which come with range of sensors also developed by GE (U.S.). It has developed indoor positioning systems a lighting control for retail outlets which has the ability to understand the precise location of shoppers in a retail outlet. It also offers LightGrid, a centralized outdoor wireless lighting control system which enables remote operation and maintenance of outdoor lighting through a central lighting management system. GE has introduced a line of the most affordable smart bulbs known as Link, which can be controlled through smartphones and tablets via app known as wink.

Related Reports:

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

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support

US : 1-888-600-6441

Search reports