Smart Lighting Market worth $56.05 Billion by 2020

DALLAS, May 22, 2014 /PRNewswire/ --


According to a new market research report "Smart Lighting Market by Component (Relays, Occupancy Sensors, Actuators, Transmitters, Receivers), Lighting Type (LED, FL, CFL, HID), Connectivity Technology (Wired, Wireless), Application (Commercial, Industrial, Public, Government, Residential) & Geography - Global Forecast & Analysis to 2014-2020" published by MarketsandMarkets, the Smart Lighting Market is expected to grow at a CAGR of 15.8% from 2014 to 2020, and to reach $56.05 Billion by 2020.

Browse 71 market data Tables with 57 Figures spread through 275 Pages and in-depth TOC on "Smart Lighting Market". 

http://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html

Early buyers will receive 10% customization on this report. 

Smart lighting relates to the lighting technology intended for energy efficiency with utilization of lighting control systems. In industrial, commercial as well as residential applications, lighting consumes around 40% of total energy cost. Hence the governments, industrialists, stakeholders are focusing on reducing the energy utilization by substituting traditional lighting with advanced energy-efficient lighting devices and technologies. Therefore, the demand for lighting control systems is increasing in a drastic way thereby, giving an exponential growth to the smart lighting industry. This report covers the" Global Smart Lighting Market" and all its market aspects with future opportunities, drivers, restraints and others in detail.

The Smart Lighting Market is a growing market, which includes major components like relays, occupancy sensors, controllers, actuators, transmitters, receivers. In this report the overall Smart Lighting Market is segmented on the basis of five major verticals- lighting type, lighting control components, connectivity technologies, application and geography. Lighting types like, light emitting diode (LED), fluorescent lamps (FL), compact fluorescent lamps (CFL), and high intensity discharge lamps (HID) and the applications of smart lighting in sectors like commercial and industrial, residential, outdoor lighting, public and government buildings and automobiles have been discussed in detail in the report.

Geographical split for the Smart Lighting Market is also included in the report. The overall market is divided into five major geographical segments- North America, South America, Europe, Asia-Pacific and Rest of the World.

Browse Related Reports 

Smart Homes Market - by Products (Security, Access, Lighting, Entertainment, Energy Management Systems, HVAC, Ballast & Battery Pack), Services (Installation & Repair, Renovation & Customization) and Geography - Analysis & Global Forecast (2013 - 2020)

http://www.marketsandmarkets.com/Market-Reports/smart-homes-and-assisted-living-advanced-technologie-and-global-market-121.html

Smart HVAC Controls Market by product type (Temperature, Ventilation, Humidity, Integrated), Components (Sensors, Controlled devices, Smart Vents), Application (Residential, Commercial), Operation & Geography - Analysis & Forecast to 2014 - 2020

http://www.marketsandmarkets.com/Market-Reports/smart-hvac-controls-market-130456761.html

About MarketsandMarkets 

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact: 

Mr. Rohan

North - Dominion Plaza

17304 Preston Road

Suite 800, Dallas, TX 75252

Tel: +1-888-600-6441

Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors  

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


SOURCE MarketsandMarkets



More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.