DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "European Market for Lighting Controls and Light Management Systems" report to their offering.
The lighting control and light management system (LC-LMS) market is a high growth market driven primarily by increased functionality, energy efficiency targets, and LED lighting adoption. In the total lighting industry, LED lighting products and solutions accounted for more than 50.0% of lighting sales in 2015 and this will have increased past 80% by 2020.
The rapid penetration of LED technology in recent years has led to a total industry transformation, including in the field of LC-LMS, where the demand for hardware and software will stay strong for the foreseeable future. This study presents a detailed analysis of growth opportunities by country, by application, and by technology.
3 Big Predictions:
- The LC-LMS market will witness strong growth beyond 2018, as most of the energy saving targets are planned towards 2020 and hence there will be a rush to implement action plans in most of the European countries.
- A Standards-based network to augment the usage of adaptive-control scenarios in lighting, as it is necessary in the European market where the choice of light source is LED.
-
Utilities and telecommunication companies will capitalise on the trend
of smart buildings and smart homes and will further fragment the
market in the forecast period.
Companies Mentioned:
- ABB
- Aura
- Cira
- Crestron
- Esylux
- Legrand
- Lutron
- OSRAM
- Philips
- Schneider Electric
- Siemens
- Theben
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Drivers and Restraints - Total LC-LMS Market
4. Forecast and Trends - Total LC-LMS Market
5. Market Share and Competitive Analysis - Total LC-LMS Market
6. United Kingdom Analysis
7. Germany Analysis
8. France Analysis
9. Italy Analysis
10. Spain Analysis
11. Scandinavia Analysis
12. Benelux Analysis
13. Rest of Europe (RoE) Analysis
14. The Last Word
15. Appendix
For more information about this report visit http://www.researchandmarkets.com/research/js5j8z/european_market
