NEWS
NEWS
The global smart lighting market introduction and survey
10-12-2022
In recent years, the market for smart lighting has been developing greatly because of huge volume of city projects in developing countries, popular acceptance of standard protocols for lighting control systems and application of newest technologies in terms of big data analytics or API events. The rising demand for IoT-enabled lighting fixtures and smart lighting solutions, more and more use of outdoors LED lights will also driving the market requirement for smart lighting in near future.
The global smart lighting market size was valued at USD 10.9 billion in 2021 and estimated to reach USD 29 billion by the year 2028, at a CAGR of 20.5%.
By application,the global smart lighting system is categorized by residential,industrial,commercial,outdoor and automotive. For component type,the global smart lighting market has been classified into lighting fixture and controls. The lighting fixture is further segmented into compact fluorescent lamps (CFL),LED, organic light-emitting diodes (OLED), high-intensity discharge lamps (HID), and plasma lamps. From the view of technology,the global smart lighting market accounts for wired and wireless segment. The wired segment is further segmented into Building Automation and Control Network (BACnet), Digital Addressable Lighting Interface (DALI), Power Line Communication (PLC), Proprietary Control, and Others. The wireless segment is further segmented into EnOcean, ZigBee, Bluetooth, and Wi-Fi.
In North America, indoor smart lights market covered over 75% of revenue share in 2021. The popular acceptance of LEDs and development of LED drivers are creating massive market requirement for indoor lights in commerical sector.In Europe, the market volume of smart lights covered USD 2 billion in 2021. In Asia, the market volume of wired smart lights was valued at USD 1.5 billion in 2021.DALI systems have bigger market share because they not only reduce maintenance cost but also have flexible design for easy installation. Smart lights integrated DALI technology is widely used in various sectors such as residential,commercial and industrial area.
Industry leaders are introducing different business strategies to increase the customer base while they are consistently investing in technical developments to more intelligent and smart lighting fixtures.
Major companines in the smart lighting market are Acuity Brands Lightin inc.,Bridgelux inc.,Copper Industries Inc. (Eaton),CREE,inc, Echelon Corporation,General Electric Company,Honeywell International Inc.,Hubbell Incorporated,legrand SA,Lutron Electronics co.,Osram Licht Group,Sinify N.V.,Schneider Electric Software LLC,SELC Ireland Limited,Silver Spring Networks,TVLIGHT B.V., and Zumtobel Group AG.
The global smart lighting market size was valued at USD 10.9 billion in 2021 and estimated to reach USD 29 billion by the year 2028, at a CAGR of 20.5%.
By application,the global smart lighting system is categorized by residential,industrial,commercial,outdoor and automotive. For component type,the global smart lighting market has been classified into lighting fixture and controls. The lighting fixture is further segmented into compact fluorescent lamps (CFL),LED, organic light-emitting diodes (OLED), high-intensity discharge lamps (HID), and plasma lamps. From the view of technology,the global smart lighting market accounts for wired and wireless segment. The wired segment is further segmented into Building Automation and Control Network (BACnet), Digital Addressable Lighting Interface (DALI), Power Line Communication (PLC), Proprietary Control, and Others. The wireless segment is further segmented into EnOcean, ZigBee, Bluetooth, and Wi-Fi.
In North America, indoor smart lights market covered over 75% of revenue share in 2021. The popular acceptance of LEDs and development of LED drivers are creating massive market requirement for indoor lights in commerical sector.In Europe, the market volume of smart lights covered USD 2 billion in 2021. In Asia, the market volume of wired smart lights was valued at USD 1.5 billion in 2021.DALI systems have bigger market share because they not only reduce maintenance cost but also have flexible design for easy installation. Smart lights integrated DALI technology is widely used in various sectors such as residential,commercial and industrial area.
Industry leaders are introducing different business strategies to increase the customer base while they are consistently investing in technical developments to more intelligent and smart lighting fixtures.
Major companines in the smart lighting market are Acuity Brands Lightin inc.,Bridgelux inc.,Copper Industries Inc. (Eaton),CREE,inc, Echelon Corporation,General Electric Company,Honeywell International Inc.,Hubbell Incorporated,legrand SA,Lutron Electronics co.,Osram Licht Group,Sinify N.V.,Schneider Electric Software LLC,SELC Ireland Limited,Silver Spring Networks,TVLIGHT B.V., and Zumtobel Group AG.
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