DUBLIN, Dec. 15, 2017 /PRNewswire/ --
The "Global Smart Lighting Market Analysis and Forecast to 2023" report has been added to Research and Markets' offering.
The smart lighting market is categorized into lighting source, communication medium, product, application, and service. The global market is driven by the new innovations and rapid increase in sales of smart light emitting diode (LED) solutions. In 2016, LED as an efficient lighting source contributed largest revenue to this industry and it is expected to witness highest demand during the forecast period. Smart LED based lighting solutions enable users with digital control using a programmable microcontroller-based lighting architecture.
Apart from this, advancements in LED based lighting technology through adoption of IoT and wireless lighting techniques is escalating the smart lighting market growth. For example, recently OSRAM Licht AG launched SIMPLUX, a LED based smart control system designed for small and medium sized spaces to provide enterprise level control and automation capabilities.
Based on wireless lighting communication, Wi-Fi technology generated highest revenue in the global market and Wi-Fi based lighting communication is also projected to witness fastest growth, during the forecast period. However, the market for booming technology Zigbee in lighting industry will pace up with similar growth as that of Wi-Fi.
Evolution of Zigbee Technology Escalates the Global Market Growth:$17,000 million
Europe Stands as the Largest Market:Europe Asia-Pacific Asia-Pacific
The global smart lighting industry is moderately competitive with players developing new connected and intelligent lighting solutions frequently.Key Topics Covered:
- Acuity Brand Inc.
- Cree, Inc.
- Digital Lumens, Inc.
- General Electric
- Hubbell Incorporated
- Legrand S.A.
- Osram Licht AG
- Philips Lighting Holding B.V.
- Schneider Electric SE
- Zumtobel Group AG
For more information about this report visit https://www.researchandmarkets.com/research/jw5lxp/global_smart?w=5
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