DEDHAM, Mass.--(BUSINESS WIRE)--New ARC Advisory Group research on the Smart Lighting Systems market reveals that lighting networks are emerging as a key element of both smart building systems and for smart cities. Supported by enabling technologies and approaches such as IoT and Big Data analytics, this should lead to dramatic growth over the forecast period.
“Lighting control systems have evolved in recent years to reflect the changing lighting needs of modern buildings, plants, infrastructure, and entertainment venues. Today’s advanced, connected lighting control systems can reduce energy costs while increasing safety, productivity, and comfort,” according to Alex Chatha, Director of Smart Buildings & Cities at ARC Advisory Group and key author of ARC’s Smart Lighting Systems Global Market Research report. “The smart lighting systems market is one of the hottest and most dynamic markets today. Lighting control networks are developing into the future conduits for IoT data flow in smart buildings and smart cities,” added Chatha.
About the Smart Lighting Systems Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year forecasts for the Smart Lighting Systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, revenue category, hardware, software, services, facilities, sales channels, customers, project type, project scope, and LED controls.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel) - personalized spreadsheet includes up to five years of historical data (assuming this is included) in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.