DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Lighting as a Service Market by End-User (Commercial, Municipal, and Industrial), Installation (Indoor, and Outdoor), Component (Luminaires, Software & Communication Systems, and Maintenance Services), and Region - Global Forecast to 2021" report to their offering.
The global lighting as a service market is projected to grow at a CAGR of 46.3% from 2016 to 2021, to reach a market size of USD 638.7 Million by 2021. This growth is attributed to increasing demand for energy efficient lighting systems, zero capital cost requirement and growing convergence of Internet of Things (IoT) in lighting systems to reduce energy consumption across the globe.
The report segments the lighting as a service market based on end-user industry into commercial, municipal, and industrial. The commercial segment dominated the end-user segment in 2015 and is expected to maintain its leading position throughout the forecast period.
In this report, the lighting as a service market has been analyzed with respect to five regions, namely North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the global lighting as a service market during the forecast period, owing to government support to replace traditional lighting system by energy efficient lighting systems.
- Cree, Inc.
- Future Energy Solutions
- General Electric Lighting
- IGOR Inc.
- Itelecom USA
- Koninklijke Philips N.V
- Lunera Lighting
- RCG Lighthouse
- SIB Lighting
Zumtobel Group AG
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Lighting as a Service Market, By End-User
7 Lighting as a Service Market, By Installation
8 Lighting as a Service Market, By Component
9 Lighting as a Service Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/vlgz4c/lighting_as_a