Global Lighting Management Systems Market Outlook 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Lighting Management Systems Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The increasing efficiency and reducing cost of lighting management systems are making them an economically preferred option. The growing construction industry, particularly in developing countries, is expected to drive the market during the forecast period (2018 - 2023).

The lighting management systems provide a better efficiency compared to the conventional switch operated lighting system. The technological advancements are making these systems more efficient and less expensive, which in turn are making them more attractive in terms of economic viability. These factors are driving the lighting management system demand. The lack of residential consumer awareness, particularly in developing countries, is a major restraint for the market.

Dubai is hosting the World Expo event that is to be held in 2020. The construction projects related to Expo 2020 gained a full momentum during 2017. Dubai is considered one of the most stable markets in the region. The Expo 2020 is expected to help attract more Foreign Direct Investment, particularly in the construction sector. It is estimated that Expo 2020 project will create about 300,000 direct jobs and hence, a large influx of immigrants is expected to fill the required workforce, which, in turn, is expected to drive the demand for residential construction projects.

Key Developments in the Market

  • March 2018: Tata Communication announced that it plans to install 15,000 street lights in Jamshedpur city of India that will be managed through the internet in partnership with an Internet of Things (IoT) services provider Motwane. TATA Communication has already installed 300 smart street lights.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

  • Osram GmbH
  • Schneider Electric
  • General Electric
  • LG Electronics
  • Siemens AG
  • Harman International
  • Hubbell
  • Honeywell International Inc.
  • Sternberg Lighting
  • Lighting Holding B.V.
  • Leviton Manufacturing Co. Inc.
  • Echelon Corporation
  • Lutron Electronics Co. Inc.
  • Acuity Brands Lighting Inc

For more information about this report visit https://www.researchandmarkets.com/research/m9qxgw/global_lighting?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Lighting Equipment, Industrial Automation

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Lighting Equipment, Industrial Automation