May 10, 2019: Global smart lighting and control systems market is estimated to expand at a substantial CAGR in the forecast period as the scope, product types, and its applications are increasing across the globe. Factors such as increasing effort to control the hazardous impact of electricity consumption on the environment, high acceptance of technology, expansion and modernization of infrastructure, technological advancement, the availability of cost-efficient LEDs, increasing penetration of internet of things (IoT) are likely to drive the smart lighting and control systems market in forthcoming period.

On the other hand, privacy and security issues and lack of awareness regarding smart lighting and control system are anticipated to hinder market growth in the future. However, integration with phones is likely to create lucrative opportunities for the market. Smart lighting and control systems market could be explored by type, connectivity, end user and geography. Market by lighting source could span High-Intensity Discharge Lamps (HIDs), Fluorescent Lamps, and Light Emitting Diodes (LEDs).

Request a Free Sample Copy of this Report @ http://bit.ly/2J8HAMs

Smart lighting and control systems market could be explored by connectivity as Wired and Wireless. market based on the end user could span government sector, residential, industrial and commercial. The “Residential” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come.

Smart lighting and control systems market is categorized based on geography into North America, Latin America, Japan, Middle East, and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors such as acceptance of the latest technology, high demand from key end-user and rising awareness among the populace. North America is followed by the European region.

Key players operating in the smart lighting and control systems market include General Electric Company, Koninklijke Philips N.V., Lightwave Plc, LiFI Labs, Inc., Eaton Corporation, Elgato Systems, Belkin International, Inc., Honeywell International, Inc., Acuity Brands Lighting, Inc., Lutron Electronics Company, Inc., and among others. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Download Full Research Report @ http://bit.ly/2JcCrDd

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Smart Lighting and Control Systems in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Smart Lighting and Control Systems market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• General Electric Company(The U.S)
• Koninklijke Philips NV(Netherlands)
• Belkin International(The U.S)
• Eaton Corporation(The U.S)
• Acuity Brands(The U.S)
• Elgato Systems(Germany)
• Honeywell International(The U.S)
• Lutron Electronics(The U.S)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Smartphone Enabled Technology
• daylight sensing technology
• proximity sensing technology

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Smart Lighting and Control Systems for each application, including
• Residential
• Industrial
• Commercial
• Outdoor Lighting
• Others

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: [email protected]
visit our website: https://www.radiantinsights.com/
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco
State: California
Country: United States