Smart Lighting Market was valued at US$ 13.15 Bn. in 2022 and is expected to reach US$ 48.78 Bn. by 2029, at a CAGR of 20.6 % during a forecast period.
Smart Lighting Market Overview:
Maximise Market Research’s global Smart Lighting Market Research Report is a customised and in-depth analysis of the Smart Lighting industry, with an emphasis on the global market trend over the same projected period.
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Smart Lighting Market Scope:
The global “Smart Lighting Market” research examines key industry factors such as advancement, segmentation, growth prospects, opportunities, challenges, and competitive analysis. For the period, the segmentation analysis focuses on revenue and forecast by region, kind, and application. This research looks into the market size, condition, and forecast, as well as a company profile. It also includes statistics from the most prominent organisations as well as information on the competitive environment.
Smart Lighting Market Segmentation:
by Offering
Hardware
Software
Services
by Installation Type
New Installations
Retrofit Installations
by Communication Channel
Wired
Wireless
by End-User
Indoor
Outdoor
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Smart Lighting Market Key Players:
1. Philips Lighting
2. Acuity Brands
3. Osram
4. Cree
5. General Electric (GE + Current)
6. Eaton
7. Honeywell
8. Legrand
9. Hubbell Lighting
10.Zumtobel Group
11.Hafele Group
12.Lutron Electronics
13.Wipro Consumer Care and Lighting
14.Streetlight.Vision
15.Virtual Extension
16.Syska LED
17.Leviton Manufacturing
18.Switchmate, Inc.
19.Gooee
20.Lifx
21.Isotera
22.Ketra
23.Tao Light
24.Nualight Limited
Smart Lighting Market Regional Analysis:
The research report is organised into sections based on area, manufacturer, type, and application. Each category provides output estimates for the years. Consumption by Application is also supplied for the forecasted period. Understanding the categories helps determine the importance of numerous components that contribute to market growth.
COVID-19 Impact Analysis on Smart Lighting Market:
The study sheds light on COVID-19 by taking into account changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and significant government efforts. The revised study contains insights, analysis, projections, and predictions based on the market impact of COVID-19.
Key Questions Answered in the Smart Lighting Market Report are:
Which segment grabbed the largest share in the Smart Lighting market in 2022?
How is the competitive landscape of the Smart Lighting market?
Which are the key factors aiding the Smart Lighting market growth in the forecast period (2023-2029)?
Which region held the maximum share in the Smart Lighting market in 2020?
What will be the CAGR of the Smart Lighting market during the forecast period (2023-2029)?
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