The Lighting Control System Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Lighting Control System Market:
https://www.thebusinessresearchcompany.com/report/lighting-control-system-global-market-report
According to The Business Research Company’s Lighting Control System Global Market Report 2024, The lighting control system market size has grown rapidly in recent years. It will grow from $36.56 billion in 2023 to $43.3 billion in 2024 at a compound annual growth rate (CAGR) of 18.4%. The growth in the historic period can be attributed to energy efficiency awareness, regulatory standard, sustainability initiatives, cost savings, workplace productivity.
The lighting control system market size is expected to see rapid growth in the next few years. It will grow to $84.36 billion in 2028 at a compound annual growth rate (CAGR) of 18.1%. The growth in the forecast period can be attributed to iot integration, demand for smart homes, work-from-home culture, urban infrastructure upgrades, retrofitting demand. Major trends in the forecast period include gesture control systems, personalized lighting experiences, li-fi integration, focus on user experience, wireless connectivity.
Growing commercial and non-commercial buildings are expected to propel the growth of the lighting control system market going forward. A commercial building refers to any non-residential structure that is not agricultural, industrial, or institutional. A non-commercial building is any structure or building not used for a commercial enterprise or as a residential residence. Using lighting control systems such as dimmers and color-changing bulbs offers a clever approach to incorporating networked controls inside offices, commercial buildings, and non-commercial buildings. For instance, in September 2022, according to the University of Michigan's Center for Sustainable Systems, a US-based organization that develops systems analysis techniques, models, and indicators for developing sustainable futures, in the US commercial building floor space is anticipated to expand by 35% from 2021 and expected to reach 124.6 billion square feet by 2050. In addition, the average size of US homes expanded by 45% in 2021, from 2,185 to 2,565 square feet. Therefore, growing commercial and non-commercial buildings are driving the growth of the lighting control system market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=12175&type=smp
The lighting control system market covered in this report is segmented –
1) By Installation Type: New Installation, Retrofit
2) By Offering: Hardware, Software, Services
3) By Communication Protocol: Wired, Wireless
4) By End-Use: Indoor, Outdoor
Advancements in technology are a key trend gaining popularity in the lighting control system market. Major companies operating in the lighting control system market are using advanced technologies to sustain their position in the market. For instance, in August 2021, Intermatic Incorporated, a US-based appliance, electrical, and electronics manufacturing company, launched the new ARISTATM Advanced Lighting Control System, a programmable smart lighting solution for up to 10,000 ft2 of commercial and public facilities. Users can adapt ARISTA to their project requirements using a range of modular components, and installation challenges are eliminated by deliberate design choices like battery-powered sensors and secure Bluetooth 5.0 mesh networking technologies.
The lighting control system market report table of contents includes:
1. Executive Summary
2.Lighting Control System Market Characteristics
3. Lighting Control SystemMarket Trends And Strategies
4.Lighting Control System Market analysis
5.Lighting Control System Market Size And Growth
6.Lighting Control System Segmentation
7.Lighting Control System Regional And Country Analysis
.
.
.
27.Lighting Control System Competitive Landscape And Company Profiles
28.Lighting Control System Key Mergers And Acquisitions
29.Lighting Control System Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- General Electric Co.
- Taiwan Semiconductor Manufacturing Company Limited
- Panasonic Corporation
- Cisco Systems Inc.
- Schneider Electric SE
- Honeywell International Inc.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Smart Lighting Control Systems Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Smart Lighting Control Systems industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Smart Lighting Control Systems manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Smart Lighting Control Systems market covering all important parameters.
Key Questions Addressed by the ReportWhat is the growth perspective of the Smart Lighting Control Systems Market and the key dynamics and trends governing the market?
What are the new and emerging technologies and use cases disrupting the Smart Lighting Control Systems industry?
The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Smart Lighting Control Systems industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Smart Lighting Control Systems industry.
According to a recent market report published by Research Report Insights (RRI) titled, “Lighting controllers Market by 2025” the global lighting controllers market was valued at US$ 4,214.2 Mn in 2016, and is expected to register a CAGR of 17.6% from 2017 to 2025. The development of smart lighting infrastructure and government spending on smart city projects are the major factors driving growth of the global lighting controllers market.
Report For Report Sample with Table of Contents@https://www.researchreportinsights.com/report/sample/110114929/Lighting-Controllers-Market
Lighting controllers are the devices which assists in controlling lights via sensor, and dimmers. It is an intelligent network based lighting control solution that integrates communication between various system inputs and outputs related to lighting control with the use of central computing device. These controllers are now widely used in commercial, industrial, and residential applications to provide the right amount of light where and when it is needed.
Global lighting controllers market is categorized on the basis of by technology, by application, and by region. On the basis of technology, the market is segmented as sensor, dimmer, day-light harvesting, and time scheduling. Time scheduling sub segment is anticipated to register a CAGR of 18.8% during the forecast period. The sensor sub segment is accounted for the largest market share of 29.5% in 2017. Moreover, the increasing demand for lighting controllers in the retail outlets and escalating demand for better lighting infrastructure are some of the major factors which are fueling the growth of lighting controllers market.
Request For Report Discount@https://www.researchreportinsights.com/report/discount/110114929/Lighting-Controllers-Market
By application, the market is segmented as commercial, industrial, and residential. The residential sub-segment accounted for relatively higher CAGR of 19.1% during the forecast period. The commercial sub-segment accounted for the largest market share of 41.6% in 2017. The increasing usage of smart lighting solutions for residential, and industrial applications is one of the major factor driving the growth of the lighting controllers.
This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of lighting controllers market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, Asia Pacific accounted for the largest market share in 2016 owing to government spending on smart cities projects and increasing inclination towards the adoption of smart technology products. Asia Pacific region is also expected to register a healthy CAGR of 19.3% during the forecast period. Europe and North America also offers potential growth opportunities for lighting controllers market due to the increasing focus of various countries in the region on energy efficient building infrastructure, and a surge in green building projects in the region.
Report Analysis@https://www.researchreportinsights.com/report/rd/110114929/Lighting-Controllers-Market
Some of the top companies identified across the Lighting controllers market are: Hubbell, Philips Lighting Holding B.V., Acuity Brands, Inc., Eaton Corporation, Cree, Inc., General Electric, OSRAM GmBH, Honeywell International, Inc., Schneider Electric, and Lutron Electronics Co., Inc.
Global Airport Lighting Control and Monitoring System market Outlook (2021-2027)The report on the global Airport Lighting Control and Monitoring System market gives a comprehensive market survey based on the data form the years 2015 to 2021 and gives a forecast for the markets up to the year 2027.
The assessment period of the report extends from 2021 to 2027 with the forecast of the market based on the market trend analysis.Key Players Profiles in This Research Report are- Eaton, ATG Airports, S4GA, MULTI ELECTRIC, ACAMS AS, YOUYANG, and Airfield Lighting SystemsMarket SegmentationFor the purpose of the study, the Airport Lighting Control and Monitoring System market was segmented into type, application, end user, and region.
The segmentation helped to understand how the Airport Lighting Control and Monitoring System market penetration into the global market can be improved.
There were several constraints that needed to be resolved for market penetration which ideally were looked into before the Airport Lighting Control and Monitoring System market went global.Request the Sample Copy Here @ https://www.reportsandmarkets.com/sample-request/global-airport-lighting-control-and-monitoring-system-market-4342508?utm_source=soccernurds_medium=47Regional AnalysisThe various segments helped in thorough understanding on how the Airport Lighting Control and Monitoring System market can be improved, where it needs improvement.
Rise in income of the population and growing interest of the people are reasons for the boost in demand in other regions.Market Segment by Regions, regional analysis coversNorth 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, Colombia etc.
Though there is an increase in demand for the products and services, limited resource is considered a major threat.
