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Global Smart Lighting Market Analysis to 2020

Europe holds the largest market share for smart lighting technology, followed by North America and Asia Pacific. The U.S. is the largest consumer of smart lighting technology due to increasing consumer awareness regarding the importance of saving energy. Europe is expected to maintain its dominance in the forecast period. North America is expected to witness marginal growth during the forecast period. However, Asia Pacific is expected to witness the highest growthin the forecast period owing to increasing infrastructure development in the developing countries such as India and China.

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Global Smart Lighting Market Analysis to 2020

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  1. SmartLightingMarket:GlobalIndustryanalysisand Forecastto2020 SmartLightingMarket:GlobalIndustryanalysisandForecastto2020 PersistenceMarketResearchReleasedNewMarketReporton“SmartLightingMarket: GlobalIndustryanalysisandForecastto2020”. Energysavingisoneofthemajorconcernforstateandnationalgovernmentsthroughouttheglobe. Energylossthroughlightinghasbecomenationalconcernforthegovernments.Smartlightingisanew innovationinlightingtechnologydevelopedforenergyefficiency.Smartlightingtechnologymayinclude efficiencyfixturesandautomatedcontrolslightingsystemthatmakeadjustmentsaccordingtothe conditionsandrequirementoftheinternalorexternalenvironmentsuchasoccupancyoravailabilityof daylight.Everydaylightingconsumeslotofelectricalenergygloballyaccountingfor20-50%oftotal energyconsumedglobally.Toreducethetotalenergyconsumptionitisessentialtouselimitedelectric energythatpertainstocertainconditionandrequirement.Owingtothisrequirementthemarketplayers havecomeoutwithinnovativelightingsystem.Smartlightingisatechnologywhichusesintelligentlight controlsystem.Factorssuchasobjectmovement,occupancy,color,temperatureandavailabilityof naturallighthelpsthesmartlightingtechnologytoperformtothemost.Smartlightingtechnologyutilizes lightingcontrolsystemsthatdeliverrequiredamountoflightwhenrequired.Additionally,smartlighting technologyevolvesthetechnologywhichautomaticallyperformsvariousfunctionsatsettimeandgiven condition.Smartlightingtechnologyprovideshighlyflexiblelightingatverylowenergyconsumptionand cost. Browsefullreport:http://www.persistencemarketresearch.com/market-research/smart-lighting- market.asp Onthebasesofperformanceandenergyconsumption,theglobalsmartlightingmarketcanbebifurcated intoLED(lightemittingdiode)lamp,highintensitydischargelamps(HID),compactfluorescentlamps (CFL),fluorescentlampsandothers.CFLleadstheglobalmarketforsmartlightingtechnology.However, LEDlampsareexpectedtowitnesshighestgrowthintheforecastedperiod.Commercialandresidential buildingsarethemajorend-usersofthesmartlightingtechnology.Othermajorend-userofthe technologyincludespublicandgovernmentbuildingsandstreetlighting. Europehasthelargestmarketshareforsmartlightingtechnology,followedbyNorthAmericaandAsia Pacific.TheU.S.isthelargestconsumerofsmartlightingtechnologyowingincreasingconsumer awarenessabouttheimportanceofenergysaving.Europeisexpectedtomaintainitsdominanceinthe forecastedperiod;NorthAmericaisexpectedtoshowmarginalgrowth.However,AsiaPacificregionis 1 PersistenceMarketResearch

  2. SmartLightingMarket:GlobalIndustryanalysisand Forecastto2020 expectedto0witnesshighestgrowthintheforecastedperiodowingtoincreasinginfrastructure developmentinthedevelopingcountriessuchasIndiaandChina. Consumerawarenessabouttheimportanceofenergysavingisdrivingthedemandforsmartlighting technologyglobally.Globally,around40%oftotalenergycostinthecommercialandresidentialbuilding isthecostassociatedwithlighting.Additionally,investmentintheimprovementofinfrastructurefacilityis expectedtoincreaseconstructionofroads,smartcitiesandlucrativecommercialbuildings,inturnthe demandforsmartlightingtechnologyisexpectedtoincrease.Forinfrastructuredevelopment,theU.K government’spublicsectorinvestmentisexpectedtorisebyUSD4.9billiontoaboutUSD77.7billionin 2013-14over2012-13.ItisfurtherexpectedtoincreasetoaboutUSD83.0billionin2014-15.Also, increaseddisposableincomehaveinfluencedtheconsumerstospendmoreonenergysavingequipment, whichisfurtherincreasingthedemandofsmartlightingtechnologytosomeextent.However,highcost associatedwithreplacementofoldappliancesisexpectedtohampertheglobalsmartlightingtechnology market,butataverynichelevel. RequestfullTOC:http://www.persistencemarketresearch.com/toc/3892 Increasingdemandandwillingnesstoinvestmoreforenergysavingequipmentsbythemajorend-useris forcingthelightmanufacturingcompaniestocomeoutwithinnovativelightingtechnologyespeciallyinthe developingregions.Someofthemajorcompaniesoperatingintheglobalsmartlightingtechnology marketareZumtobelAG,LutronElectronicsCompany,Inc.,DigitalLumens,Inc.,EnceliumTechnologies, Inc.,LegrandS.A,AcuityBrands,Inc.,HoneywellInternational,RoyalPhilipsElectronicsN.V.andOsram LichtAG. Keypointscoveredinthereport:- 1. Reportsegmentsthemarketonthebasisoftypes,application,products,technology,etc (asapplicable) Thereportcoversgeographicsegmentation NorthAmerica Europe Asia RoW Thereportprovidesthemarketsizeandforecastforthedifferentsegmentsand geographiesfortheperiodof2010to2020 Thereportprovidescompanyprofilesofsomeoftheleadingcompaniesoperatinginthemarket Thereportalsoprovidesportersfiveforcesanalysisofthemarket. 2.     3. 4. 5. Browsethefull“AllUpcomingPersistenceMarket's”reportat http://www.persistencemarketresearch.com/forthcoming-reports.asp 2 PersistenceMarketResearch

  3. SmartLightingMarket:GlobalIndustryanalysisand Forecastto2020 AboutUs: PersistenceMarketResearchisaglobalmarketresearchfirmspecializing-syndicated research,customresearch,andconsultingservices AtPersistenceMarketResearch(PMR),weareinthebusinessofacceleratingyourbusiness. Asafull-servicemarketresearchfirm,westandcommittedtobringingmoreaccuracyandspeedtoyourbusinessdecisions.Fromready-to-purchasemarketresearchreportstocustomizedglobalresearchsolutions,ourengagementmodelsarehighlyflexiblewithoutcompromisingonourdeep-seatedresearchvalues.Brieflystated,ourmissionistogiveyouaccesstoforecastsandtrendsanalysesthatputyouonthepathtoprofitability. PMR’sServicesGoBeyondGleaningData: MostenterprisesbelievethatITanddatabasesareenoughtomakeanaccuratedecision.Whilewedonotdisputethat,considerthis:Howlongdoesittaketomakeanaccurateandstrategicmillion-dollardecision?Westrivetodeliverbothevenwithdemandingdeadlines. FacilitatingRapidandInformedBusinessDecisions PMRwasfoundedwithonegoalinmind:toofferenterprisesatangiblebusinessadvantagebycarefullybalancingtraditionalandmodern-dayresearchmethodologies. ContactUs: AddieThomes 305Broadway, 7thFloor, NewYorkCity,NY10007,UnitedStates. Phone:+1-646-568-7751 USA/CanadaTollFreeNumber. 1-800-961-0353 E-mail:Sales@persistencemarketresearch.com Web:http://www.persistencemarketresearch.com/ Blog:http://persistencemarketresearchblog.wordpress.com/ 3 PersistenceMarketResearch

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