Smart Lighting Market Research Report
The GMI Research forecasts that the smart lighting market is
witnessing an upsurge in demand over the forecast period starting from 2020
till 2027. This is mainly due to the outbreak of integrated lighting systems
and the rising smart city projects in developing countries globally.
Introduction
of the Smart Lighting Market:
Smart lighting is known as the advanced lighting technology,
particularly designed to provide an energy-efficient way to support the
lighting systems of homes and buildings, It basically involves high-efficiency
fixtures and automated controls that adjust the lighting system based on
various conditions such as daylight availability. The smart lighting system
uses smart LED light bulbs that are connected to the Internet of Things (IoT),
collects usage data, and enables lighting to be completely automated or
controlled remotely through tablets, smartphones, or smart assistance such as
Amazon Alexa.
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Smart
Lighting Market Dynamics
The outbreak of integrated lighting
systems and the rising smart city projects in developing countries globally are
some major factors surging the demand of the global smart lighting market.
Several governments are mainly emphasizing on developing sustainable
smart cities that use information and communication technologies (ICTs) and
other means to enhance quality of life, the efficiency of urban operation and
services while meeting the requirements of present and future generations in
relation to economic, social and environmental aspects. For example, Dubai’s
government has introduced the “Dubai Plan 2021” that focuses on transforming
the city into a leading smart city.
The increasing awareness related to the benefits of LEDs,
coupled with the reducing price of LEDs will support the growth of the smart
lighting market during the forecast period. The LED lights provide various
advantages such as it has a longer lifespan, is energy-efficient, and works in
extreme temperatures. With the integration of lighting systems with smartphones
and the development of the various smart home systems such as Google Assistant,
Amazon Alexa, and Samsung SmartThings Hub, will attract many customers towards
smart lighting systems worldwide.
The emergence of the coronavirus crisis is negatively
impacting the global smart lighting market across the globe. The strict
lockdown has adversely affected the raw material supplies of electronic
components owing to the temporary shutdown of manufacturing plants in China.
The continuous disruption in the supply chain is decreasing the demand for the
smart lighting systems. However, the market is projected to bounce back in 2021
while rising at a significant rate from 2022 onwards.
Key
Players of the Global Smart Lighting Market:
·
Signify Holding
·
Legrand
·
Acuity Brands Lighting, Inc.
·
Eaton Corporation
·
General Electric Company
·
OSRAM GmbH.
·
Leviton Manufacturing Co.
·
Lutron Electronics
·
Zumtobel Group AG
·
Honeywell International Inc.
·
Hubbell
Smart Lighting Market Segmentation:
Global Smart Lighting Market Report
Segment by Installation Type:
·
New Installations
·
Retrofit Installations
Global Smart Lighting Market Report Segment by Offering:
·
Hardware
o
Lights
& Luminaries
§
Smart
Bulbs
§
Fixtures
o
Lighting
Controls
§
LED
Drivers & Ballasts
§
Sensors
§
Switches
·
Manual
On/Off Switches
·
Electronic Switches
§
Dimmers
·
Wired
Dimmers
·
Wireless
Dimmers
§
Relay
Units
§
Gateways
·
Software
o
Local/Web-Based Software
o
Cloud-Based Software
·
Services
o
Pre-installation Services
o
Post-installation Services
Global Smart Lighting Market Report Segment by End-Use Application:
·
Indoor
o
Residential
o
Commercial
§
Retail
§
Hospitality
§
Office
Lighting
o
Industrial
o
Others
·
Outdoor
o
Highways
& Roadways Lighting
o
Architectural Lighting
o
Lighting
for Public Places
Global Smart Lighting Market Report
Segment by Communication Technology:
·
Wired Technology
o
DALI
o
Power
Over Ethernet (PoE)
o
Wired
Hybrid Protocols
·
Wireless
o
ZigBEE
o
Wi-Fi
o
BLE
o
EnOcean
o
6LoWPAN
o
Wireless
Hybrid Protocols
Global Smart Lighting Market Report
Segment by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI
Research
GMI Research is a full-service market
research and business-consulting organization that offers global as well as
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