DUBLIN--(BUSINESS WIRE)--The "Intelligent Lighting Control Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The intelligent lighting control market was valued at US$3.945 billion in 2017 and is projected to expand at a CAGR of 12.04% over the forecast period to reach US$7.803 billion by 2023.
Intelligent lighting control system is a network based lighting control solution that incorporates communication between various system inputs and outputs related to lighting control with the use of computing devices. It allows the user to control the intensity of light, its color, and pattern thereby improving the user experience along with maximizing the energy saving. Reduction in energy consumption due to growing concern about energy management is the key driver of intelligent lighting controls market. Increasing demand for smart homes, falling prices of LEDs and favorable government policies for the use of energy efficient system are further fueling the demand for intelligent lighting controls market. Expansion of lighting control systems by established building controls companies will propel the market growth in the near future.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions.
- Schneider Electric
- Honeywell International Inc.
- General Electric
- Philips Lighting Holdings B.V
- OSRAM GmbH
- Acuity Brands Lighting, Inc.
- Zumtobel Group AG
- Digital Lumens, Inc.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Intelligent Lighting Control Market By Component
6. Global Intelligent Lighting Control Market By Connectivity
7. Global Intelligent Lighting Control Market By End User
8. Global Intelligent Lighting Control Market By Geography
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/g72h2m/intelligent?w=4