Smart Lighting Market 2025 Projections: Reach $51.05 BILLION at 17.1% CAGR, Prominent Players Osram Licht AG, Honeywell International Inc., Koninklijke Philips N.V., Eaton Corporation PLC.

Smart Lighting Market
The Research begins with the Overview of Global Smart Lighting Market Analysing Industrial Chain, Sourcing Strategy and Downstream Buyers. The Research also provide Information about Manufacturers, Market Competition, Cost, Market Effect Factors with Market Forecast (2018-2025). This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly.

The Smart Lighting Market report explores and analyses the essential factors of market depending on present industry situations, market needs, business strategies and the growth condition. This report isolates the Smart Lighting Market capacity, production, market share, price, revenue, cost, growth rate etc. The report provides Point to Point information of the market on a Global scale supported by the previous and present size market forecast situation within the form of graphs, charts, figures and tables.

The global Smart Lighting market is expected to grow at a CAGR of 17.1% during the forecast period 2016 – 2025 and accounts for US$ 51.05 Bn in the year 2025.

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Companies Mentioned

– Koninklijke Philips N.V.
– Eaton Corporation PLC.
– Honeywell International Inc.
– Acuity Brands Lighting, Inc.
– Lutron Electronics Company Inc.
– Digital Lumens, Inc.
– Legrand SA
– General Electric Company
– Osram Licht AG
– Streetlight. Vision

The global smart lighting market is fragmented on the basis of lighting Type into. Light Emitting Diode (LED) Lamp, Fluorescent Lamps, Compact Fluorescent Lamps (CFL), High Intensity Discharge Lamps and Others (Neon Lamps and Photographic Flashes). Furthermore the segmentation is based upon application of smart lighting viz. Industrial lighting, Commercial lighting, Residential lighting, Outdoor lighting, Automotive lighting and Government. According to the geographic regions, the market is segmented into Europe, Middle East & Africa (MEA), Asia Pacific (APAC), North America and South America (SAM). With many developing countries in the region of Middle East and Africa, it is expected to have the highest CAGR of 24.4% during the forecast period.

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The shortcoming of a wireless system are occasional disturbance in communications among the devices. When a wireless lighting system is installed in a place, one should always make sure that the keypads, processors and dimmers are within a specific range. For example, some old residential buildings may be constructed with metal wire integrated in the walls that might create disturbance or weaken the signals of a wireless system. Though it has certain drawbacks, it is expected to capture more than half of the lighting market in next few years. Thus, maximum companies are switching their product portfolio to wireless smart lighting solutions. Major players in this segment are Philips, GE, OSRAM and Daintree.

The wireless technology has become an integral part of day to day lifestyle. Wireless technologies like Bluetooth, Wi-Fi, and RF Ids are experiencing high adoption rate among users. The rising popularity of wireless technology in lighting solution is thus considered to be one of the major reasons driving the smart lighting market. The wireless lighting solutions are easy to control and help its customers to attain maximum energy saving.

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The lighting hardware is highly integrated and dependent on the software platform being used. As there is no common standard for wireless smart lighting products, the complete idea of various smart lighting devices networked together and the entire process of networking becomes complicated. For example, Philips employs ZigBee Light Link, GreenWave uses NXP JenNet-IP and Insteon uses its own wireless technology and all these are incompatible with each other. This incompatibility would result in inconvenience for the user as the choice of products and services will get limited by the platform being used, or else the entire operation of smart lighting would get complicated.

The smart lighting is a technology that enables its users to govern the lighting of any space without being surrounded by unnecessary wires. Smart lighting is a part of upcoming IoT technology, facilitating mobile and sensor based control on the luminosity of lights in a particular space. The intelligent connected lighting offers ecofriendly environment and effectively reduces the consumption of energy.

Now a day’s wireless connectivity is taking a leap over the wire abled connecting networks as wireless is more convenient to use. First this technology was used in the telephones now called as the mobile phones and since then the wireless technology has revolutionized the way things were viewed. Wireless technology has given its consumers freedom from the limited range of the wired devices.

8 Global Smart Lighting Market Revenue and Forecasts to 2025 – Lighting Types

8.1 Overview
8.1.1 Segment Share (%), 2014 & 2025
8.2 Light Emitting Diode (LED) Lamp
8.3 Fluorescent Lamps
8.4 Compact Fluorescent Lamps (CFL)
8.5 High Intensity Discharge Lamps
8.6 Others (Neon Lamps and Photographic Flashes)

9 Global Smart Lighting Market Revenue and Forecasts to 2025 – Application

9.1 Overview
9.1.1 Segment Share (%), 2014 & 2025
9.2 Industrial Lighting
9.3 Residential Lighting
9.4 Commercial Lighting
9.5 Government
9.6 Outdoor Lighting
9.7 Automotive Lighting

 

1.1 List of Tables

Table 1: Comparison of LED & Smart LED with Other Traditional Lighting Solutions 25
Table 2: Retrofit Costs 30
Table 3: Smart Lighting Market – Porters Five Forces Analysis 34
Table 4: Global Smart Lighting Market Revenue (US$ Bn), 2014 – 2025 38
Table 5: Global Smart Lighting Market – Market Positioning of Key Players, 2015 39
Table 6: North America Smart Lighting Market Revenue and Forecasts to 2025 – By Lighting Type (US$ Bn) 77
Table 7: North America Smart Lighting Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 79
Table 8: North America Smart Lighting Market Revenue and Forecasts to 2025 – By Connectivity Technology (US$ Bn) 81
Table 9: Europe Smart Lighting Market Revenue and Forecasts to 2025 – By Lighting Type (US$ Bn) 93
Table 10: Europe Smart Lighting Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 95
Table 11: Europe Smart Lighting Market Revenue and Forecasts to 2025 – By Connectivity Technology (US$ Bn) 97
Table 12: Asia Pacific Smart Lighting Market Revenue and Forecasts to 2025 – By Lighting Type (US$ Bn) 108
Table 13: Asia Pacific Smart Lighting Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 110
Table 14: Asia Pacific Smart Lighting Market Revenue and Forecasts to 2025 – By Connectivity Technology (US$ Bn) 112
Table 15: Middle East & Africa Smart Lighting Market Revenue and Forecasts to 2025 – By Lighting Type (US$ Bn) 123
Table 16: Middle East & Africa Smart Lighting Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 125

 

1.2 List of Figures

Figure 1: Smart Lighting Market, Global Revenue (US$ Bn), 2015 & 2025 16
Figure 2: Smart Lighting Market Segmentation 19
Figure 3: Smart Lighting Market Segmentation 20
Figure 4: Smart Lighting Market – Supply Chain Analysis 22
Figure 5: Companies Adopting Green Energy as a Strategy to Grow in Market 24
Figure 6: Percentage American Adults in Each Group who Use the Internet, Have Broadband at Home and Connect Wirelessly 26
Figure 7: Average Light Efficacy (Light Output per Unit of Energy Consumed) 27
Figure 8: Cost per Bulb 28
Figure 9: Number of Smart Cities Worldwide 31
Figure 10: Number of Cities Worldwide with Smart Technologies in Three or More Functional Areas; Segmented by Sector Containing Smart Operations 32
Figure 11: Smart Lighting Market – Porters Five Forces Analysis 34
Figure 12: Global Smart Lighting Market Revenue (US$ Bn), 2014 – 2025 37
Figure 13: Philips Market Share Per Business Group by Region 39
Figure 14: Global Smart Lighting Market Breakdown By Lighting Type, 2015 (%) 42
Figure 15: Global Smart Lighting Market Breakdown By Lighting Type, 2025 (%) 42
Figure 16: Global LED Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn) 44
Figure 17: Global Fluorescent Lamps Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn) 46
Figure 18: Global CFL Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn) 48
Figure 19: Global HID Lamps Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn) 50
Figure 20: Global Others Smart Lighting Market Revenue and Forecasts to 2025 (US$ Bn) 51
Figure 21: Global Smart Lighting Market Breakdown By Application 2015 (%) 53
Figure 22: Global Smart Lighting Market Breakdown By Application, 2025 (%) 53

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