Smart Lighting Market by Lighting Grow $56.05 Billion by 2020

According to a new market research report Smart Lighting Market by Component (Relays, Occupancy Sensors, Actuators, Transmitters, Receivers), Lighting Type (LED, FL, CFL, HID), Connectivity Technology (Wired, Wireless), Application (Commercial, Industrial, Public, Government, Residential) & Geography - Global Forecast & Analysis to 2014-2020” published by MarketsandMarkets, the smart lighting market is expected to grow at a CAGR of 15.8% from 2014 to 2020, and to reach $56.05 billion by 2020.

Browse 80 market data tables with 55 figures spread through 265 pages and in-depth TOC on "Smart Lighting Market - Global Forecast & Analysis to 2014-2020"

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This research report categorizes the smart lighting market, based on lighting type, lighting control components, connectivity technology and applications; it also covers the forecast revenue from 2014 to 2020. It describes the deployments of smart lighting technology in different regions. The report describes the applications mapping of the market with respect to the growth potential and adoption by the users.

Geographically, smart lighting market is segmented intoNorth America, South America, Europe, APAC, and RoW. The Europe market accounts the highest market and is followed by theAPAC market which is then followed by Americas. Rest of the world (ROW), cover a small market share at present; however, they are expected to show growth in the next five to seven years due to the increasing adoption rate of energy efficient technologies in emerging nations such as Brazil.

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The smart lighting market is a growing market, which includes major components like relays, occupancy sensors, controllers, actuators, transmitters, receivers. In this report the overall smart lighting market is segmented on the basis of five major verticals- lighting type, lighting control components, connectivity technologies, application and geography. Lighting types like;light emitting diode (LED), fluorescent lamps (FL), compact fluorescent lamps (CFL), and high intensity discharge lamps (HID) and the applications of smart lighting in sectors like commercial and industrial, residential, outdoor lighting, public and government buildings and automobiles have been discussed in detail in the report.

Geographical split for the smart lighting market is also included in the report. The overall market is divided into five major geographical segments- North America, South America, Europe, Asia-Pacific and Rest of the World.

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