



Global Smart Lighting market – by Type, Component, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2018 - 2025)
Publisher Markgene | Pages 104 | Format PDF |
Publish Date 43497 | Report ID MAMR521419300 |
Drivers vs. Constraints
The major growth of smart lighting market is due to the development of smart cities, increasing usage of wireless technology, and increasing awareness of energy efficiency. The new trends in market such as growing demand for Internet of Things(IoT) technology and emergence of light fidelity (Li-Fi) technology has a direct impact on the dynamics and market of smart lighting technology.
Industry Structure and Updates
Tier 1 vendor such as Royal Philips NV, OSRAM Licht AG., Honeywell International, Schneider Electric SE owns a market share of 40% of the Global smart lighting market. Asia Pacific countries such as India, China are mainly focusing on the aspect of smart cities which also include the smart lighting technology. The Indian government has announced plans to invest in smart cities and in 2018 also allocated over 2.3 Billion USD in Smart cities, So it also paves a way for smart lighting initiative.
What questions do you have? Get quick response from our industry experts.
Request More InformationRelated Reports
Some of the latest trending market research reports from same category.
Why Choose Us?
Our research and consulting services are tailored specifically to you and your organization in order to explore practical growth strategies and recommendations. We don't adhere to a one size fits all policy. Mindaspire Market Research provides one stop solution from the beginning of data collection to investment advice.
Get your queries resolved from an industry expert.
Research support
Design an exclusive study to serve your research needs.
Research service
We ensure to provide relevant data to assist our clients in solving market challenges.
Quality assurance
Your personal and confidential information is safe and secure.
Information security