Smart Lighting Market: Energy Efficiency Among Prime Reasons for Growth in Industrial, Commercial and Residential Segments

Transparency Market

Research

Smart Lighting Market - Global Industry Analysis, Size,

Share, Growth, Trends and Forecast 2014 - 2020

Published Date

04-May-2015

91 Page Report

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Smart Lighting Market

REPORT DESCRIPTION

Smart Lighting Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

2014 - 2020

Smart lighting solutions are offered by coupling various lighting types powered with different control

components and connecting technology. Smart lighting solutions enable remote controlling of lighting

systems using wired or wireless technologies. The smart lighting market is primarily driven by the

increasing demand for energy efficient lighting systems for reducing energy consumption cost. Moreover,

technological advancements of sensors and wireless technologies in the field of smart lighting is driving

the growth of smart lighting market. In addition, LED based smart lighting solutions is aiding the growth of

this market.

Browse Smart Lighting Market Report with Full TOC at

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The global smart lighting market is expected to witness a significant growth during the forecast period.

This is due to the increasing adoption of smart lighting solution across various application segments such

as industrial, commercial, public and government buildings. In addition, incorporation of smart lightings in

various outdoor lighting and residential buildings is further aiding the growth of smart lighting market.

Presently, commercial and industrial segment holds the majority of the market share and is expected to

dominate the market during the forecast period from 2014 to 2020. However, the residential application of

smart lighting has the highest growth potential of smart lighting...