Global Lighting Markets Markets Report 2021 – ResearchAndMarkets.com

by

Dublin:Business Wire) – “Lighting Controls: Global Market Tract and Analysis” added ResearchAndMarkets.com’s Presenting.

The global lighting control market will reach $ 12.4 billion by 2027

In the COVID-19 crisis, Global market capitalization of $ 5.9 billion by 2020 The improvement is projected to reach $ 12.4 billion by 2027, and CAGR will grow by 11.2% during the 2020 analysis. -2027.

Corporate, one of the components analyzed in the report, recorded a 9% CAGR, reaching $ 4.7 billion by the end of the analysis period. After a preliminary analysis of the implications of the epidemic’s business and the economic crisis, growth in the retail sector has adjusted to an improved CAGR of 12.6% over the next seven years.

The U.S. market is estimated at $ 1.6 billion, with China projected to grow at a CAGR of 14.5%

The market for lighting control in the United States It is estimated at $ 1.6 billion by 2020. China, the world’s second-largest economy, is projected to reach $ 2.27 billion by 2027 following a 14.5 CAGR. From the analysis period 2020 to 2027%.

Other major geographic markets are Japan and Canada, with forecasts growing by 7.9% and 9.5%, respectively, for the period 2020-2027. In Europe, Germany is projected to grow at an estimated 8.6% CAGR.

16.4% CAGR outside to register

Internationally, the United States, Canada, Japan, China, and Europe drive an estimated 15.5% CAGR for this segment. A.D. By 2020, the total market capitalization of $ 371.8 million will reach $ 1 billion.

China is one of the fastest growing markets in the region. The Asia-Pacific market is dominated by countries such as Australia, India and South Korea. By 2027, it is projected to reach $ 1.8 billion, and CAGR will grow by 18.2% in Latin America.

Covered Topics:

I. Method

II. executive summary

1. Market overview

  • Lighting Controls: Emotional Energy, Efficiency, and Personal Emotions

  • Top drivers and trends at the top

  • Recent market activity

  • Growth in Connected, Incorporated and Sustainable Light Market Growth

  • Connected lamp

  • Embedded lamp

  • Permanent lighting

  • The global lighting control market is evolving with the dynamic lighting industry

  • Major lighting technology trends are summarized

  • Many benefits inspire widespread adoption around the world

  • Increasing energy savings

  • Adequate lighting for added comfort

  • Automated functionality

  • High quality light and extended life

  • Flexibility and freedom increased

  • Push button tools and preset settings

  • Important addition to building safety systems

  • Global market situation

  • Developing Asian countries offer significant market growth opportunities

  • The impact of COVID-19 and its declining global reach

2. Focus on selected players (total 128 featured)

  • Acuity Brands, Inc. (USA)

  • Acoustic Controls (USA)

  • Disc Controls (Canada)

  • Cray, Inc. (USA)

  • Current, powered by GE (USA)

  • Daintree Networks, Inc. (USA)

  • Eton Corporation (USA)

  • Cooper Industries Plc. (Ireland)

  • Fagerhults Belysning AB (Sweden)

  • FW Thorpe Plc (UK)

  • Hubble Control Solutions (HCCS) (USA)

  • Legrand SA (France)

  • WattStopper, Inc. (USA)

  • Leviton Manufacturing Company, Inc. (USA)

  • LG Innotek (South Korea)

  • Lutron Electronics, Inc. (USA)

  • Osram GmbH (Germany)

  • Panasonic Corporation (Japan)

  • Douglas Light Controls (Canada)

  • Universal Lighting Technologies, Inc. (USA)

  • Phillips Lighting North America Corporation (USA)

  • Phillips Color Kinetics (USA)

  • Strand Light (USA)

  • Schneider Electric SA (France)

  • TCP International Holdings Ltd. (Switzerland)

  • Theben AG (Germany)

  • Zumtobel Group AG (Austria)

  • Thorn Licht GmbH (Germany)

  • Tridonic GmbH and Co KG (Austria)

3. Market trends and drivers

  • Increasing the popularity of smart lighting drives Strong demand for smart lighting controllers

  • High demand for modern lighting control systems

  • Modern lighting tracks provide safe, productive and healthy lighting

  • The innumerable benefits of modern lighting controls

  • Opportunities and Challenges

  • The huge potential of the IoT technology market for market expansion

  • IoT Architecture

  • IoT for construction automation

  • Other popular IoT application areas

  • Key barriers to IoT adoption

  • Fast LED light penetration and advanced lighting controls “Light as a service” (LA)

  • Key factors contributing to the development of laser

  • Smart homes and smart cities are in high demand for smart and wireless lighting control solutions

  • The growing popularity of home automation is increasing market demand

  • The need for smart and connected homes “wireless” controllers

  • Cloud-based lighting controls for traction

  • Strong demand from the residential environment lends drag to market growth

  • Classification of residential lighting control systems

  • Advantages of residential lighting controls

  • Major trends in residential lighting control room

  • Private buildings – incomplete market unit

  • Evolution of indoor lighting controls over the years

  • Lighting control systems: Why and where to use them in residential applications

  • Common contradictions in choosing residential lighting controls

  • Corporate applications to maintain market dominance in lighting controls

  • Digital lighting control technology is changing the sector of commercial buildings

  • Street lighting management – a potential laden application

  • Shiny smart street lights to reduce energy consumption and emissions

  • Energy efficiency in the retail sector encourages market volatility

  • Recovery during construction is good for light control needs around the world

  • Major trends driving future adoption in new construction and reconstruction

  • Light spectrum control has a positive effect on people and productivity, good for market adoption

  • The horticultural sector is designed to take advantage of the advanced lighting control capabilities

  • Light spectrum control ensures that it is useful for animal production

  • Power codes, utility reductions and energy savings to drive sales of lighting controls

  • Building codes are constantly being updated for improved energy efficiency

  • Overview of International Building Codes

  • The main factors that hinder market adoption

4. Global Market Perspective

III. Market Analysis

IV. Competition

For more information on this report, visit https://www.researchandmarkets.com/r/gu1mx5

Leave a Comment