Smart Lighting Market

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MarketsandMarkets Presents
Smart Lighting Market worth 6,747.95 Million -
2018
http//www.marketsandmarkets.com/Market-Reports/sm
art-lighting-market-985.html
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According to a new market research report " Smart
Lighting Market (2013 - 2018) By Component
(Sensors, Controllers, Chipsets, Others)
Lighting Type (Led, Fl, Cfl, Hid) Connectivity
(Wired, Wireless) Application (Commercial,
Industrial, Public, Government, Residential)
Geography" ,published by MarketsandMarkets , the
total market is expected to reach 6,747.95
million by 2018, at a CAGR of 36 from 2013 to
2018. Browse gtgt 82 market
data tables 36 figures
298  pages

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.com/Market-Reports/smart-lighting-market-985.html
Early buyers will receive 10 customization of
reports.
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The term "Smart Lighting" refers to the
environment controlled by lighting control
systems. In brief, lighting control systems use
factors such as occupancy, available daylight,
and time of day to turn lights on or off
accordingly, thus providing noteworthy energy and
cost savings. There is a demand supply gap in the
power sector and to overcome this problem smart
lighting is a perfect solution. The demand of
intelligent lighting controls for lighting is
increasing in a tremendous way and this further
supports the exponential growth potential of
smart lighting. This report covers the"Global
Smart Lighting market" and all its market aspects
with future opportunities, drivers, restraints
and others in detail. Lighting control systems
energy efficiency, development in electronics and
sensor technology, eradication of incandescent
lamps, favorable government policies and
evolution of novel wireless technology are the
key drivers behind the incredible growth of smart
lighting market. This report describes different
lighting types used in Smart lighting control
systems such as light emitting diode (LED),
fluorescent lamps (FL), compact fluorescent lamps
(CFL), and high intensity discharge lamps (HID).
Among all the other lighting types, LED lamps
offer highest growth potential which is appealing
many startups and big players to develop smart
lighting solutions such as GreenWave realitys
GreenChip-enabled light bulb, NXPs GreenChip iSSL
wireless solution for LED bulbs and Philips Hue
smart LED bulb.
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art-lighting-market-985.html
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The report also explains various components used
in the smart lighting market such as sensors,
controllers and chipsets. The market for these
components is also expected to have a high
potential in the upcoming future. This report
also covers the major applications of the smart
lighting systems which include commercial
industrial buildings, public government
buildings, outdoor lighting and residential
applications. The two major applications which
contribute 90 in overall market are commercial
industrial and public government buildings as
of 2013 and has a huge market potential which is
apparent from entry of several startups like
Daintree Networks Inc (U.S.), Lutron Electronics
Company, Inc (U.S.), Adura Technologies (U.S.),
in this field to make the most use of this
opportunity. As street lighting accounts for
almost 40 of a citys power consumption, there is
a huge scope for lighting control systems. This
report describes the overall smart lighting
market into five major geographical segments,
namely, North America, South America, Europe,
Asia-Pacific (APAC), and ROW. Europe is the
largest contributor in smart lighting market as
of 2012 and is forecast to keep a strong position
over other regions and have phenomenal growing
potential in coming future followed by APAC and
North America. APAC is the emerging market where
countries like China, Japan, Taiwan, South Korea,
etc will be the most striking future markets in
smart lighting systems.
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art-lighting-market-985.html
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art-lighting-market-985.html
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