New York, According to a new market research report published by Global Insight Services “Smart Lighting Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Smart lighting is a type of lighting that can be controlled using a smart device, such as a smartphone or tablet. Smart lighting can be used to create different lighting effects and can be controlled remotely. Smart lighting can also be used to save energy, as it can be turned off or on as needed.
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Key Trends
There are several key trends in Smart Lighting technology.
One is the trend toward more efficient lighting. This is being driven by the need to save energy and by the development of more efficient lighting technologies. LED lighting is one example of this.
Another trend is the move toward more controls and automation. This is being driven by the need to make lighting more convenient and by the development of new technologies that make it easier to control lighting.
Key Drivers
There are a few key drivers for the Smart Lighting market.
Firstly, the ever-increasing demand for energy-efficient lighting solutions is driving the market for Smart Lighting. Secondly, the need for better quality lighting and the desire for more control over lighting settings is also fueling the market.
Lastly, the advent of new technologies such as LED and OLED is providing a boost to the Smart Lighting market.
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Market Segments:
By Connectivity Technology
- Bluetooth
- Zigbee
- WiFi
- DALI
- Others
By Lighting Technology
- LED
- Halogen
- Incandescent
- Fluorescent
- CFL
Key Market Players:
The Smart Lighting Market includes players such as Acuity Brands, Inc., Cisco Systems, Inc., Cree, Inc., Eaton, Deco Lighting, Inc., Dialight, General Electric, Honeywell International Inc., Koninklijke Philips N.V., and Syska.
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Reasons to buy Smart Lighting Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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