Selbyville, Delaware Market Study Report Has Added A New Report On Smart Lighting Market Size according to market Report Provide a enumerates information about the industry in terms of market share, market size, revenue forecasts, and regional outlook. The report further illustrates competitive insights of key players in the business vertical followed by an overview of their diverse portfolios and growth strategies.
Global Smart Lighting Market valued approximately USD 5.17 billion in 2016 is anticipated to grow with a healthy growth rate of more than 21.58% over the forecast period 2017-2025.
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Highlight of Report:
- By identifying the growth, size, leading players, and market segments of the market, save and reduce the time for entry-level research.
- Highlight key business priorities to help the company realign its business strategy.
- The key findings and recommendations highlight the vital and evolving industry trends in the market so that participants in the entire value chain can formulate effective long-term strategies.
- Develop/modify business expansion plans by using the massive growth provided to developed and emerging markets.
- Carefully study global market trends and prospects, as well as the factors driving the market and the factors hindering market development.
- Enhance the decision-making process by understanding strategies that support business interests in customer products, segmentation, pricing, and distribution.
Some of the key manufacturers involved in the market are Streetlight Vision, Digital Lumens, Honeywell, Legrand S.A, Osram GmbH, Acuity brands Inc., Encelium Technologies, Zumtobel, Lutron Electronics, and Royal Philips Elect. N.V. Acquisitions & effective mergers, and continuous technological innovations are some of the strategies adopted by the key manufacturers. New product launches are also one of the key strategies adopted by the major players.
Smart lighting is a lighting technology intended for increasing efficiency of energy which comprises of high-efficiency fixtures and automated controls that vary based on conditions like habitation or daylight availability. Major factors expected to propel the market are rising need for intelligent solutions for street lighting systems, increasing recognition for energy savings midst the governments and consumers globally, increasing for cities to be converted to smart cities, growing espousal and declining prices of LEDs, and rising demands for energy-efficient lighting systems.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
? North America
? Asia Pacific
? Latin America
? Rest of the World
Furthermore, years considered for the study are as follows:
Historical year â€“ 2015
Base year â€“ 2016
Forecast period â€“ 2017 to 2025
Target Audience of the Smart Lighting Market Study:
? Key Consulting Companies & Advisors
? Large, medium-sized, and small enterprises
? Venture capitalists
? Value-Added Resellers (VARs)
? Third-party knowledge providers
? Investment bankers
Table of Contents
- Market Definition & Scope
- Research Objective and Research Methodology
- Research Process
- Executive Summary
- Industry Dynamics
- Growth Prospects
- Porter’s 5 Force Model
- Market by Type
- Market by Application
- Market Regional Analysis
- Competitive Intelligence
- Company Market Share
- Top Market Strategies
- Company Profiles
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