DUBLIN--(BUSINESS WIRE)--The "LAMEA Smart Lighting Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The Latin America, Middle East and Africa Smart Lighting Market is expected to witness market growth of 22.9% CAGR during the forecast period (2017 - 2023).
The widespread adoption of wireless technology in smart lightings would drive the growth of the residential indoor application. The commercial applications are lighting offices, retail shops, shopping malls, and infrastructure in the hospitality sector. Slashing energy consumption has grown as a major concern for building owners, governments, and other stakeholders.
Replacing existing light infrastructure with highly energy-efficient lighting sources, such as LEDs, would be a sure way to reduce energy consumption; nevertheless, it is a small-scale solution. On a larger scale, energy reduction could be actively promoted by turning the lights off when not required, optimizing light levels to suit the workers' needs, and also limiting the overall need for lighting energy.
These measures can be effectively implemented with the adoption of smart lighting, which is the best way to ensure the automatic reduction in energy consumed in lighting tasks.
Key Topics Covered:
1. Market Scope & Methodology
2. Market Overview
3. LAMEA Smart Lighting Market
4. LAMEA Smart Lighting Market by Component
5. LAMEA Smart Lighting Market by Application
6. LAMEA Smart Lighting Market by Country
7. Competitive Study
8. Company Profiles
- Cree, Inc.
- Koninklijke Philips N.V. (Philips Lighting)
- Honeywell International, Inc.
- Wipro Limited (Wipro Consumer Care and Lighting)
- Acuity Brands, Inc.
- Eaton Corporation Plc.
- Legrand S.A.
- General Electric
- Osram Licht AG
For more information about this report visit https://www.researchandmarkets.com/research/rlfbgw/lamea_smart?w=4