Report Code: A03092 | Pages: NA | Mar 2023 | 7354 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Request Now !A lighting management system is used to control the lighting installed in a premise to save electricity and manage the energy usage efficiently. The system comprises sensors attached in a loop, which help in manual and remote management of lighting luminescence. These systems are used to control the luminous emittance per square foot area. The lighting management system market is expected to surge in the coming years owing to
The global lighting management system market is driven by emergence of Internet of Things (IOT) and its application in energy management solutions, increase in demand for smart lighting applications, growth in awareness for energy efficiency and savings, and rise in penetration of energy management solutions, especially at the workplace. However, lack of technical handling knowledge, and high initial investment and maintenance cost restrict the market growth. These systems have high market penetration in North America and are establishing their footprints in Asia-Pacific and Europe as well.
The global lighting management system market is segmented based on component, application, and geography. On the basis of component, tit is divided into daylight sensors, occupancy sensors, programmable ballasts, user interfaces, and others. The applications covered in the study include residential, commercial, and industrial applications. Geographically, the market is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
The key players operating in the market are Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Leviton Manufacturing, and Legrand North America, LLC.
Key Benefits
Key Players
Lighting Management System Market Report Highlights
Aspects | Details |
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By Component |
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By Application |
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By Region |
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Key Market Players | Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Leviton Manufacturing, Legrand North America, LLC |
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