NEW YORK, July 28, 2015 /PRNewswire/ -- In the midst of the ongoing transformation from previously dominant fluorescent lighting to more efficient and flexible LED lighting, the market for lighting controls has expanded broadly. Expansion has occurred in terms of both the variety of control systems that are available and the sheer number of systems that are being installed. Building energy codes largely drive the adoption of more basic lighting controls such as occupancy sensors and photosensors. Yet, those codes also create the opportunity for a lighting project to upgrade to a more comprehensive control system for a modest price increase.
To meet the growing demand for lighting control systems, different types of vendors have moved into the lighting controls market. Leading the innovative side of this move are pure-play startup companies, which are largely responsible for the proliferation of creative ways to visualize lighting usage and devise new strategies to manage lighting energy consumption. The large, traditional lighting companies have begun offering a range of lighting control products, as well. Finally, the established building controls companies have also been expanding their capabilities to include lighting controls along with other buildingwide control systems. According to Navigant Research, global networked lighting controls revenue is expected to grow from $2.2 billion in 2015 to $4.8 billion in 2024.
This Navigant Research report analyzes the worldwide market for lighting controls. The study examines sensors, relays, switches, ballasts, drivers, network control gear, network services, and communications technologies, with a specific focus on networked lighting controls. Global market forecasts for unit shipments and revenue, segmented by equipment type, building type, construction type, technology, and region, extend through 2024. The report details the market drivers for lighting controls technologies, including building codes, hardware costs, and consumer expectations, as well as barriers to adoption, and provides profiles of select industry players.
Key Questions Addressed:
What major new legislation has been enacted that will drive the adoption of lighting controls?
What barriers are hindering the adoption of lighting controls?
What are the different lighting control strategies that can be implemented?
What trends are developing for the innovative control of lighting?
What is the global outlook for various lighting controls equipment in different types of commercial buildings?
Which wireless communications protocols are leading the pack for lighting controls?
How are developments with LED lamps and wireless controls affecting the lighting controls market?
How are various established and startup companies positioned for success in the lighting controls market?
Who needs this report?
Lighting and lighting controls vendors
LED manufacturers and suppliers
Commercial building owners and managers
Architecture and engineering firms
Energy service companies (ESCOs)
Standards development organizations
Read the full report: http://www.reportlinker.com/p03085475-summary/view-report.html
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