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Smart Light Fixture and Control Market by Lighting Type (Fluorescent, Plasma Lamps, HID and Others), by Technology (Wired and Wireless) and by End-User (Residential, Commercial and Industrial) - Global Opportunity Analysis and Industry Forecast, 2021-2028
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Request Now !Smart light fixture and control units are one step closer toward saving energy and improving the overall operating efficiency. These light fixture can be controlled remotely through devices such as, smartphones, remote, and sometimes sound. These fixtures also have sensors attached to them, which can turn them off when there is no one around and thus can save a lot of energy. In recent years, several private companies and government offices use smart light fixture owing to their low operating cost and easier control options.
The demand for smart light fixture and control market is expected to rise globally in the next 4-5 years, owing to various factors such as reduction in prices of sensors, increase in demand from residential and commercial spaces, and ease in installation. However, high installation cost for large establishments restrains the growth of the market. Moreover, increased government initiatives to reduce energy consumption globally is expected to open new opportunities in the market.
The smart light fixture and control market is segmented based on lighting type, technology, end user, and geography. Based on lighting type, the market is categorized in fluorescent, plasma lamps, HID, and others. Based on the technology, it is bifurcated into wired and wireless. Based on end user, it is classified into residential, commercial, and industrial. Based on geography, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, Taiwan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The major players profiled in the report include Koninklijke Philips N.V., Digital Lumens, Inc., OSRAM Licht AG, Streetlight.Vision, Eaton, Honeywell International Inc., Cree, Inc., Legrand., Lutron Electronics Co., Inc., and Schneider Electric SE.
Key Benefits
- The study provides an in-depth analysis of the global smart light fixture and control market along with current and future trends to elucidate the imminent investment pockets.
- Current and future trends are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
- The report provides information related to impact analysis and the key drivers, restraints, and opportunities.
- Quantitative analysis of the current market and estimations for the period of 2017-2023 is provided determine the financial potential of the market.
- Porters Five Forces model of the industry illustrates the potency of the buyers & suppliers participating in the market.
Smart Light Fixture And Control Market Key Segments:
By Lighting Type
- Fluorescent
- Plasma Lamps
- HID
- Others
By End User
- Residential
- Commercial
- Industrial
By Technology
- Wired
- Wireless
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- Japan
- China
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Europe
Key Players
- Koninklijke Philips N.V.
- Digital Lumens, Inc.
- OSRAM Licht AG
- Streetlight.Vision
- Eaton
- Honeywell International Inc.
- Cree, Inc.
- Legrand.
- Lutron Electronics Co., Inc.
- Schneider Electric SE
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
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- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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