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Global Smart Lighting Market Industrial Insights, Growth, Future Trends, Geographic Analysis to 2023

Market Research Future published a research report on “Smart Lighting Market Research Report - Global Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Get Complete Report @

The global

The global Smart Lighting Market is expected to grow at approx. USD 25 Billion by 2023, at 27% of CAGR between 2017 and 2023. Key Players The prominent players in smart lighting market are – Philips Lighting Holding B.V. (The Netherlands), Acuity Brands Lighting, Inc. (U.S.), General Electric Company (U.S.), Osram Licht AG (Germany), Honeywell International Inc. (U.S.), Legrand S.A. (France), Schneider Electric SE (France), CREE, Inc. (U.S.), Cooper Industries, Inc. (Ireland), Digital Lumens, Inc. (U.S.) and others. Segments: Smart Lighting market can be segmented on the basis of following: By Component Software Service By Product Type -Luminaries Smart Bulbs Fixtures -Lighting Controls Sensors Switches & Dimmers Relay Units Gateways LED drivers & Ballasts -By Light Source Light Emitting Diode (LED) Fluorescent Lamps (FL) High Intensity Discharge Lamps (HID) By Communication Technology -Wired

Power Line Communication Power Over Ethernet Digital Addressable Lighting Interface Wired Hybrid Protocols Others -LonWorks -KNX -Proprietary Protocols -Wireless Enocean Wi-Fi ZigBee Wireless Hybrid Protocols Bluetooth 6lowpan Others By Application -Indoor Lighting Residential Commercial Industrial Others -Outdoor Lighting Architectural Lighting Lighting at Public Places Highways & Roadways Lighting Others Regional Analysis: The regional analysis of smart lighting market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that Europe is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in smart lighting market in Europe is attributed to technical advancements and increasing investments in infrastructure modernization projects in that region. The growth in Europe is followed by North America region.

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