Smart lighting market to 2020 - Revision history

Designing Buildings at 09:22, 28 January 2021

2021-01-28T09:22:38Z

← Older revision		Revision as of 09:22, 28 January 2021
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	* The smart buildings market.		* The smart buildings market.

−	[[Category:~~Publications_/_reports~~]] [[Category:~~Research_/_Innovation~~]] [[Category:DCN_Research,_Development_and_Innovation]]	+	[[Category:DCN_Commentary]] [[Category:DCN_Guidance]] [[Category:DCN_Product_Knowledge]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]]

Designing Buildings at 15:59, 30 November 2016

2016-11-30T15:59:33Z

← Older revision		Revision as of 15:59, 30 November 2016
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	One of the prime drivers of the global smart lighting market is consistent progress in wireless communication and sensor devices and technologies. Stable communication technology is crucial for smart lighting, as it needs to react to external stimuli and be remotely operable. The increasing precision of modern sensors refine its products.		One of the prime drivers of the global smart lighting market is consistent progress in wireless communication and sensor devices and technologies. Stable communication technology is crucial for smart lighting, as it needs to react to external stimuli and be remotely operable. The increasing precision of modern sensors refine its products.

−	~~The~~ need for sustainable technologies to be incorporated in street lighting ~~is another key driver for the global smart lighting market~~. The use of smart lighting in street lighting can help generate significant savings ~~due to the large scale of the operation. Due to this,~~ several governments across the world are supporting initiatives ~~to incorporate smart lighting, which is likely to remain a key driver~~ for ~~the global smart lighting market~~ in ~~the~~ coming years.	+	Another key driver is the need for sustainable technologies to be incorporated in street lighting. The use of smart lighting in street lighting can help generate significant savings and several governments across the world are supporting initiatives for its adoption in coming years.

−	~~On the other hand~~, the high initial costs of smart lighting are a ~~key~~ restraint on ~~the global market~~, particularly in terms of residential ~~use of smart lighting~~. While governments and large corporations can readily adopt smart lighting on a mass scale, many consumers can’t personally afford it. ~~Even though the~~ increasing adoption of smart lighting in large-scale applications will help lower costs in the long term, this is likely to remain a ~~key~~ constraint on the ~~global smart lighting~~ market in the coming years.	+	However, the high initial costs of smart lighting are a significant restraint on growth, particularly in terms of residential uses. While governments and large corporations can readily adopt smart lighting on a mass scale, many consumers can’t personally afford it. The increasing adoption of smart lighting in large-scale applications will help lower costs in the long term, but this is likely to remain a constraint on the overall market in the coming years.

−	~~The information in this preview is taken from a Transparency Market Research report titled ‘Smart Lighting Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.’~~	+	= Find out more =

−	~~Read Market Report @ [http://www.transparencymarketresearch.com/smart-lighting-market.html http://www.transparencymarketresearch.com/smart-lighting-market.html]~~	+	=== Related articles on Designing Buildings Wiki ===

−	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]]	+	* Building energy management systems.
		+	* Building management systems.
		+	* Engineering Smart Cities.
		+	* European connected and smart home market.
		+	* Internet of things.
		+	* PAS 180:2014 Smart cities – Vocabulary.
		+	* PAS 181:2014 Smart city Framework.
		+	* PAS 182 Smart city data concept model.
		+	* Smart airports.
		+	* Smart city.
		+	* Smart cities design timeframe.
		+	* Smart construction.
		+	* Smart glass.
		+	* Smart homes in Germany.
		+	* Smart kitchen appliances.
		+	* Smart meter.
		+	* Smart technology.
		+	* The smart buildings market.
		+
		+	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:DCN_Research,_Development_and_Innovation]]

Designing Buildings at 15:55, 30 November 2016

2016-11-30T15:55:45Z

← Older revision		Revision as of 15:55, 30 November 2016
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	Read Market Report @ [http://www.transparencymarketresearch.com/smart-lighting-market.html http://www.transparencymarketresearch.com/smart-lighting-market.html]		Read Market Report @ [http://www.transparencymarketresearch.com/smart-lighting-market.html http://www.transparencymarketresearch.com/smart-lighting-market.html]

−	[[Category:~~Design~~]]	+	[[Category:Publications_/_reports]] [[Category:Research_/_Innovation]]

Designing Buildings: moved Smart Lighting Market: Rising Demand in Street Lighting Set to Remain Key Driver to Smart lighting market to 2020

2016-11-30T15:55:24Z

moved Smart Lighting Market: Rising Demand in Street Lighting Set to Remain Key Driver to Smart lighting market to 2020

← Older revision

Revision as of 15:55, 30 November 2016

Designing Buildings at 15:48, 30 November 2016

2016-11-30T15:48:24Z

← Older revision		Revision as of 15:48, 30 November 2016
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−	The ~~[http://www.transparencymarketresearch.com/smart-lighting-market.html~~ global smart lighting market] is dominated by several players and is likely to retain a significant degree of fragmentation in the coming years~~, according to a new report from Transparency Market Research (TMR)~~. Key players holding a significant share in the global smart lighting market include Acuity Brands Inc., Osram Licht AG, Lutron Electronics Co., Honeywell International, Zumtobel AG, Encelium Technologies Inc., Legrand S.A., Digital Lumens Inc., Royal Philips N.V., and Streetlight Vision.	+	The global smart lighting market is dominated by several players and is likely to retain a significant degree of fragmentation in the coming years. Key players holding a significant share in the global smart lighting market include Acuity Brands Inc., Osram Licht AG, Lutron Electronics Co., Honeywell International, Zumtobel AG, Encelium Technologies Inc., Legrand S.A., Digital Lumens Inc., Royal Philips N.V., and Streetlight Vision.

−	~~According to TMR, the~~ global smart lighting market is expected to rise to ~~a valuation of~~ US$30.1 bn by the end of 2016 and ~~further~~ rise to US$56.6 bn by the end of 2020. This represents a robust 15.9% between 2014 and 2020.	+	The global smart lighting market is expected to rise to US$30.1 bn by the end of 2016 and then rise to US$56.6 bn by the end of 2020. This represents a robust 15.9% growth between 2014 and 2020.

−	~~PDF Sample For Latest Innovation And Upcoming Advancements @ [http://www~~.~~transparencymarketresearch~~.~~com/sample/sample~~.~~php?flag=S&rep_id=2861 http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2861]~~	+	Of the key applications of smart lighting, commercial and industrial lighting are the leading revenue generators. The commercial and industrial application segment is expected to rise to US$25.5 bn by the end of 2020, more than twice that of any other application of smart lighting.

−	~~Commercial and Industrial Applications~~ to ~~Retain Dominance~~ in ~~Demand~~	+	By product type, compact fluorescent lamps (CFL) are likely to remain the dominant revenue generator. The compact fluorescent lamps segment is expected to almost triple in value over the 2014-2020 forecast period, with a value of US$21.3 bn expected by the end of 2020. LED lamps are likely to see rapid growth - almost threefold over the 2014-2020 forecast period, exhibiting a robust 17.2% CAGR.

−	~~Of the key applications of smart lighting~~, ~~commercial and industrial lighting constitutes~~ the leading ~~revenue~~ contributor~~. The commercial and industrial application segment of~~ the global ~~smart lighting~~ market is expected to ~~rise to~~ a valuation of US$25.5 bn by the ~~end of 2020,~~ more than ~~twice that~~ of ~~any other application of smart lighting~~.	+	Regionally, Europe is the leading contributor to the global market, followed closely by North America. Both these regional markets are expected to be valued at around US$20 bn by 2020, with Europe remaining the leading contributor with a valuation of US$20.8 bn. The Asia Pacific is the key emerging market and is expected to more than triple in value over the 2014-2020 forecast period at a strong CAGR of 17.9%.

−	By product type, compact fluorescent lamps (CFL) are likely to remain the dominant revenue generator for the global smart lighting market. The compact fluorescent lamps segment is expected to almost triple in value over the 2014-2020 forecast period, with a valuation of US$21.3 bn expected by the end of 2020. LED lamps are another key product segment of the global smart lighting market and are likely to exhibit rapid growth in demand over the coming years. The valuation of the LED lamps market is also likely to grow almost threefold over the 2014-2020 forecast period, exhibiting a robust 17.2% CAGR therein.	+	One of the prime drivers of the global smart lighting market is consistent progress in wireless communication and sensor devices and technologies. Stable communication technology is crucial for smart lighting, as it needs to react to external stimuli and be remotely operable. The increasing precision of modern sensors refine its products.
−		+
−	Regionally, Europe is the leading contributor to the global smart lighting market, followed closely by North America. Both these regional markets are expected to be valued around US$20 bn by 2020, with Europe remaining the leading contributor with a valuation of US$20.8 bn. Asia Pacific is a key emerging market for smart lighting and is expected to more than triple in value over the 2014-2020 forecast period at a strong CAGR of 17.9%.	+
−		+
−	~~Steady Progress in Connectivity Solutions Beneficial for Smart Lighting Market~~	+
−		+
−	One of the prime drivers ~~for~~ the global smart lighting market is ~~the~~ consistent progress in wireless communication and sensor devices and technologies. Stable communication technology is crucial for smart lighting, as it needs to react to external stimuli and be remotely operable. ~~“The~~ increasing precision of modern sensors ~~is also vital for the smart lighting industry, as it helps the industry~~ refine its ~~own product catalog,” said TMR’s lead analyst~~.	+

	The need for sustainable technologies to be incorporated in street lighting is another key driver for the global smart lighting market. The use of smart lighting in street lighting can help generate significant savings due to the large scale of the operation. Due to this, several governments across the world are supporting initiatives to incorporate smart lighting, which is likely to remain a key driver for the global smart lighting market in the coming years.		The need for sustainable technologies to be incorporated in street lighting is another key driver for the global smart lighting market. The use of smart lighting in street lighting can help generate significant savings due to the large scale of the operation. Due to this, several governments across the world are supporting initiatives to incorporate smart lighting, which is likely to remain a key driver for the global smart lighting market in the coming years.

Industrytrends: Created page with "The [http://www.transparencymarketresearch.com/smart-lighting-market.html global smart lighting market] is dominated by several players and is likely to retain a significant degr..."

2016-10-26T10:45:01Z

Created page with "The [http://www.transparencymarketresearch.com/smart-lighting-market.html global smart lighting market] is dominated by several players and is likely to retain a significant degr..."

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The [http://www.transparencymarketresearch.com/smart-lighting-market.html global smart lighting market] is dominated by several players and is likely to retain a significant degree of fragmentation in the coming years, according to a new report from Transparency Market Research (TMR). Key players holding a significant share in the global smart lighting market include Acuity Brands Inc., Osram Licht AG, Lutron Electronics Co., Honeywell International, Zumtobel AG, Encelium Technologies Inc., Legrand S.A., Digital Lumens Inc., Royal Philips N.V., and Streetlight Vision.

According to TMR, the global smart lighting market is expected to rise to a valuation of US$30.1 bn by the end of 2016 and further rise to US$56.6 bn by the end of 2020. This represents a robust 15.9% between 2014 and 2020.

PDF Sample For Latest Innovation And Upcoming Advancements @ [http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2861 http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2861]

Commercial and Industrial Applications to Retain Dominance in Demand

Of the key applications of smart lighting, commercial and industrial lighting constitutes the leading revenue contributor. The commercial and industrial application segment of the global smart lighting market is expected to rise to a valuation of US$25.5 bn by the end of 2020, more than twice that of any other application of smart lighting.

By product type, compact fluorescent lamps (CFL) are likely to remain the dominant revenue generator for the global smart lighting market. The compact fluorescent lamps segment is expected to almost triple in value over the 2014-2020 forecast period, with a valuation of US$21.3 bn expected by the end of 2020. LED lamps are another key product segment of the global smart lighting market and are likely to exhibit rapid growth in demand over the coming years. The valuation of the LED lamps market is also likely to grow almost threefold over the 2014-2020 forecast period, exhibiting a robust 17.2% CAGR therein.

Regionally, Europe is the leading contributor to the global smart lighting market, followed closely by North America. Both these regional markets are expected to be valued around US$20 bn by 2020, with Europe remaining the leading contributor with a valuation of US$20.8 bn. Asia Pacific is a key emerging market for smart lighting and is expected to more than triple in value over the 2014-2020 forecast period at a strong CAGR of 17.9%.

Steady Progress in Connectivity Solutions Beneficial for Smart Lighting Market

One of the prime drivers for the global smart lighting market is the consistent progress in wireless communication and sensor devices and technologies. Stable communication technology is crucial for smart lighting, as it needs to react to external stimuli and be remotely operable. “The increasing precision of modern sensors is also vital for the smart lighting industry, as it helps the industry refine its own product catalog,” said TMR’s lead analyst.

The need for sustainable technologies to be incorporated in street lighting is another key driver for the global smart lighting market. The use of smart lighting in street lighting can help generate significant savings due to the large scale of the operation. Due to this, several governments across the world are supporting initiatives to incorporate smart lighting, which is likely to remain a key driver for the global smart lighting market in the coming years.

On the other hand, the high initial costs of smart lighting are a key restraint on the global market, particularly in terms of residential use of smart lighting. While governments and large corporations can readily adopt smart lighting on a mass scale, many consumers can’t personally afford it. Even though the increasing adoption of smart lighting in large-scale applications will help lower costs in the long term, this is likely to remain a key constraint on the global smart lighting market in the coming years.

The information in this preview is taken from a Transparency Market Research report titled ‘Smart Lighting Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.’

Read Market Report @ [http://www.transparencymarketresearch.com/smart-lighting-market.html http://www.transparencymarketresearch.com/smart-lighting-market.html]

[[Category:Design]]