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  • Smart Lighting Market: Global Sales, Trends, Supply, Demand, Competitors, Industry Analysis, Opportunities with Forecast till 2025

     



    (I-SoftwareNews.Com, October 17, 2018 ) According to a new market research study titled ‘Smart Lighting Market to 2025 – Global Analysis and Forecast by Lighting Type, Application and Connectivity Technology’, the global smart lighting systems market was valued at US$ 10.55 Bn in 2015 and is estimated to reach US$ 51.05 Bn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.

    Reason to Buy:

    Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Engineering Software market
    - Highlights key business priorities in order to assist companies to realign their business strategies
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    - Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    - Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
    - Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
    - Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

    If You want to Purchase the Report Directly:
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    Upcoming IoT based Home Automation/Building Automation to Spur the Smart Lighting Market at a CAGR of 17.1%. Smart Lighting Market, the global smart lighting systems market was valued at US$ 10.55 Bn in 2015 and is estimated to reach US$ 51.05 Bn by 2025. The report highlights the trends prevalent in the global market and the factors driving the market along with those that act as deterrents to its growth.

    Lighting is significant origin of energy utilized globally. To minimize the power consumption it is important to deduce the usage of this sources by optimization of the lighting system. Smart lighting exhibits enormous potential in the market as it provides its customers with the facility of appropriate amount of light at the right place and right time. With the rise in urbanization and population growth the demand for effect lighting solutions have increased, and this demand subsequently would lead to rapid development and advancement in the lighting industry in future.

    Get Sample Copy at:
    http://bit.ly/2NwFMdV

    Some of the major players in the global smart lighting market are Koninklijke Philips N.V., Osram Licht AG, Honeywell International Inc., Eaton Corporation PLC., Digital Lumens, Inc., Lutron Electronics Company Inc., General Electric Company, Legrand SA, Streetlight.Vision and Acuity Brands Lighting, Inc. among others.

    The global smart lighting market has been segmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). The global smart lighting market is further segmented on the basis of application Industrial lighting, Residential lighting, Commercial lighting, Government, Outdoor lighting and Automotive lighting by. Geographically, the global smart lighting market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). Currently, smart lighting have seen significant adoption in the European countries and North America. Furthermore, with advancements in technology and infrastructure, various developing economies in APAC and MEA are expected to witness significant adoption of smart lighting solutions. Thus, Europe dominate the global smart lighting market, however, they are expected to lose market share to APAC during the forecast period. The APAC region is expected to register a growth rate of 23.7% during 2016 to 2025.

    Table of Content:

    1. Introduction

    2. TIP Research Report Guidance

    3 Key Takeaways

    4 Smart Lighting Market Landscape

    4.1 Overview
    4.2 Definitions
    4.3 Value Chain Analysis

    5 Smart Lighting Market - Key Industry Dynamics

    5.1 Key Market Drivers
    5.2 Key Market Restraints
    5.3 Key Market Opportunities
    5.4 Future Trends

    The Insight Partners

    Sameer Joshi

    +1-646-491-9876

    sam@theinsightpartners.com

    Source: EmailWire.Com

    Source: EmailWire.com

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