Global Lighting Control System Market By Installation Type (New Installations, Retrofit Installations), Offering (Hardware, Dimmers, Relay Units, Gateways, Software, Services), End- Use Applications (Indoor, Outdoor), Communication Protocol (Wired, Wireless), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Lighting Control System Market
Lighting control system market is expected to reach USD 60.70 billion by 2027 witnessing market growth at a rate of 15.89% in the forecast period of 2020 to 2027. Data Bridge Market Research report on lighting control system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Lighting control system is a smart lighting control network that enables one to monitor lights in a specific space. This creates a communication among different interconnected input and output lighting devices with the help of a centralized computing system.
Increasing smart cities project worldwide is expected to enhance the market growth. Some of the other factors such as increasing usage of LED lights and luminaries in outdoor lighting applications, rising government initiatives for energy savings, growing demand for energy- efficient lighting system and rising modernization & infrastructural development is expected to enhance the demand for the lighting control system in the forecast period of 2020 to 2027.
High installation cost and increasing risk associated with the security is expected to hamper market in the mentioned forecast period.
This lighting control system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research lighting control system market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Lighting Control System Market Scope and Market Size
Lighting control system market is segmented on the basis of installation type, offering, end- use application, and communication protocol. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of installation type, the lighting control system market is divided into new installations and retrofit installations.
- On the basis of offering, the lighting control system market is segmented into hardware, software, and services. Hardware segment is divided into Led Drivers & Ballasts, sensors, switches, dimmers, relay units and gateways. Switches are further segmented into manual on/off switches, and electronic switches. Dimmers are segmented into wired dimmers and wireless dimmers. Software segment is divided local/web-based software and cloud-based software. Services are segmented into professional services and installation and maintenance services.
- On the basis of End-use applications lighting control system is divided into indoor and outdoor. Indoor segment is divided into residential, commercial, industrial and others. Outdoor segment is divided into highways & roadways lighting, architectural lighting and lighting for public places.
- On the basis of Communication protocol, lighting control system is further segmented into wired and wireless. Wired segment is divided into digital addressable lighting interface, power line communication, and power over ethernet, hybrid, and others.
Lighting Control System Market Country Level Analysis
Lighting control system market is analysed and market size, volume information is provided by installation type, offering, end- use application, and communication protocol as referenced above.
The countries covered in the lighting control system market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia- Pacific will dominate the lighting control system market in the forecast period of 2020 to 2027 due to increasing infrastructure related activities and rising per capita income in the region.
The country section of the lighting control system market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lighting Control System Market Share Analysis
Lighting control system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to lighting control system market.
The major players covered in the lighting control system market report are Signify Holding., Legrand North America, LLC, Eaton, GE Current, OSRAM GmbH, ACUITY BRANDS LIGHTING, INC., Lutron Electronics Co., Inc, Schneider Electric, Honeywell International Inc, IDEAL INDUSTRIES, INC, Hubbell, Leviton Manufacturing Co., Inc, Helvar, Zumtobel Group AG, RAB Lighting Inc., Synapse Wireless, Panasonic Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Lighting Control System Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.