Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Worldwide Outlook on the Smart Lighting Market (2019-2024): Anticipating a CAGR of ~20% - ResearchAndMarkets.com By: Research and Markets via Business Wire News Releases April 19, 2019 at 05:54 AM EDT The "Smart Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global smart lighting market was worth USD$ 7.9 Billion in 2018. Looking forward, the global smart lighting market is projected to witness a CAGR of around 20% during 2019-2024, reaching a value of 23.6 Billion by 2024. The growth of the global smart-lighting market is primarily driven by the high demand of energy efficient lighting systems that provide better illumination while consuming less power. Additionally, factors such as modernization and development of infrastructure has facilitated the transformation of cities into smart-cities that has supported the growth of the smart lighting market. Individuals living in urban sectors prefer to invest in modular and intelligent lighting solutions instead of buying high-energy consuming lights. Moreover, the growing demand for lighting systems equipped with wireless and sensor technology has further favoured the growth of the market. Global plans for pooling lighting network with low power consuming sensors and lowering costs of previously expensive LEDs has also led to the market growth. Moreover, as a result of declining prices, smart-lights have also become affordable to the general population. This latest report provides a deep insight into the global smart lighting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global smart lighting market in any manner. Key Questions Answered How has the global smart lighting market performed so far and how will it perform in the coming years? What are the key regional markets in the global smart lighting industry? What is the breakup of the global smart lighting market on the basis of offering? What is the breakup of the global smart lighting market on the basis of communication technology? What is the breakup of the global smart lighting market on the basis of installation type? What is the breakup of the global smart lighting market on the basis of light source? What is the breakup of the global smart lighting market on the basis of application? What are the various stages in the value chain of the global smart lighting market? What are the key driving factors and challenges in the global smart lighting market? What is the structure of the global smart lighting market and who are the key players? What is the degree of competition in the global smart lighting market? Topics Covered 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.4 Market Estimation 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Properties 4.3 Key Industry Trends 5 Global Smart Lightning Market 5.1 Market Overview 5.2 Market Performance 5.3 Market Breakup by Offering 5.4 Market Breakup by Communication Technology 5.5 Market Breakup by Installation Type 5.6 Market Breakup by Light Source 5.7 Market Breakup by Application 5.8 Market Breakup by Region 5.9 Market Forecast 6 Market Breakup by Offering 6.1 Hardware 6.2 Software 6.3 Services 7 Market Breakup by Communication Technology 7.1 Wired Technology 7.2 Wireless Technology 8 Market Breakup by Installation Type 8.1 New Installation 8.2 Retrofit Installation 9 Market Breakup by Light Source 9.1 LED Lamps 9.2 Fluorescent Lamps 9.3 Compact Fluorescent Lamps 9.4 High Intensity Discharge Lamps 9.5 Others 10 Market Breakup by Application 10.1 Commercial 10.2 Residential 10.3 Public Infrastructure 10.4 Others 11 Market Breakup by Region 11.1 Europe 11.2 North America 11.3 Asia Pacific 11.4 Middle East and Africa 11.5 Latin America 12 SWOT Analysis 12.1 Overview 12.2 Strengths 12.3 Weaknesses 12.4 Opportunities 12.5 Threats 13 Value Chain Analysis 13.1 Overview 13.2 Research and Product Development 13.3 Raw Material/Component Providers 13.4 Original Equipment Manufacturers (OEMS) 13.5 Key Technology Providers/System Integrators 13.6 Threat of New Entrants 13.7 End Users 14 Porters Five Forces Analysis 14.1 Overview 14.2 Bargaining Power of Buyers 14.3 Bargaining Power of Suppliers 14.4 Degree of Competition 14.5 Threat of New Entrants 14.6 Threat of Substitutes 15 Global Smart lightning Industry: Price Analysis 16 Competitive Landscape 16.1 Market Structure 16.2 Key Players 16.3 Profiles of Key Players 16.3.1 Philips Lighting 16.3.2 Acuity Brands 16.3.3 Osram 16.3.4 Cree 16.3.5 General Electric Company 16.3.6 Eaton 16.3.7 Honeywell 16.3.8 Legrand 16.3.9 Hubbell Lighting 16.3.10 Zumtobel Group 16.3.11 Hafele Group 16.3.12 Lutron Electronics 16.3.13 Wipro Consumer Care & Lighting 16.3.14 Streetlight.Vision 16.3.15 Virtual Extension 16.3.16 Syska LED For more information about this report visit https://www.researchandmarkets.com/r/cgzcmkView source version on businesswire.com: https://www.businesswire.com/news/home/20190419005051/en/ Contacts: ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900Related Topics: Lighting Equipment, Internet of Things and M2M Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. 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Worldwide Outlook on the Smart Lighting Market (2019-2024): Anticipating a CAGR of ~20% - ResearchAndMarkets.com By: Research and Markets via Business Wire News Releases April 19, 2019 at 05:54 AM EDT The "Smart Lighting Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering. The global smart lighting market was worth USD$ 7.9 Billion in 2018. Looking forward, the global smart lighting market is projected to witness a CAGR of around 20% during 2019-2024, reaching a value of 23.6 Billion by 2024. The growth of the global smart-lighting market is primarily driven by the high demand of energy efficient lighting systems that provide better illumination while consuming less power. Additionally, factors such as modernization and development of infrastructure has facilitated the transformation of cities into smart-cities that has supported the growth of the smart lighting market. Individuals living in urban sectors prefer to invest in modular and intelligent lighting solutions instead of buying high-energy consuming lights. Moreover, the growing demand for lighting systems equipped with wireless and sensor technology has further favoured the growth of the market. Global plans for pooling lighting network with low power consuming sensors and lowering costs of previously expensive LEDs has also led to the market growth. Moreover, as a result of declining prices, smart-lights have also become affordable to the general population. This latest report provides a deep insight into the global smart lighting market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global smart lighting market in any manner. Key Questions Answered How has the global smart lighting market performed so far and how will it perform in the coming years? What are the key regional markets in the global smart lighting industry? What is the breakup of the global smart lighting market on the basis of offering? What is the breakup of the global smart lighting market on the basis of communication technology? What is the breakup of the global smart lighting market on the basis of installation type? What is the breakup of the global smart lighting market on the basis of light source? What is the breakup of the global smart lighting market on the basis of application? What are the various stages in the value chain of the global smart lighting market? What are the key driving factors and challenges in the global smart lighting market? What is the structure of the global smart lighting market and who are the key players? What is the degree of competition in the global smart lighting market? Topics Covered 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.4 Market Estimation 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Properties 4.3 Key Industry Trends 5 Global Smart Lightning Market 5.1 Market Overview 5.2 Market Performance 5.3 Market Breakup by Offering 5.4 Market Breakup by Communication Technology 5.5 Market Breakup by Installation Type 5.6 Market Breakup by Light Source 5.7 Market Breakup by Application 5.8 Market Breakup by Region 5.9 Market Forecast 6 Market Breakup by Offering 6.1 Hardware 6.2 Software 6.3 Services 7 Market Breakup by Communication Technology 7.1 Wired Technology 7.2 Wireless Technology 8 Market Breakup by Installation Type 8.1 New Installation 8.2 Retrofit Installation 9 Market Breakup by Light Source 9.1 LED Lamps 9.2 Fluorescent Lamps 9.3 Compact Fluorescent Lamps 9.4 High Intensity Discharge Lamps 9.5 Others 10 Market Breakup by Application 10.1 Commercial 10.2 Residential 10.3 Public Infrastructure 10.4 Others 11 Market Breakup by Region 11.1 Europe 11.2 North America 11.3 Asia Pacific 11.4 Middle East and Africa 11.5 Latin America 12 SWOT Analysis 12.1 Overview 12.2 Strengths 12.3 Weaknesses 12.4 Opportunities 12.5 Threats 13 Value Chain Analysis 13.1 Overview 13.2 Research and Product Development 13.3 Raw Material/Component Providers 13.4 Original Equipment Manufacturers (OEMS) 13.5 Key Technology Providers/System Integrators 13.6 Threat of New Entrants 13.7 End Users 14 Porters Five Forces Analysis 14.1 Overview 14.2 Bargaining Power of Buyers 14.3 Bargaining Power of Suppliers 14.4 Degree of Competition 14.5 Threat of New Entrants 14.6 Threat of Substitutes 15 Global Smart lightning Industry: Price Analysis 16 Competitive Landscape 16.1 Market Structure 16.2 Key Players 16.3 Profiles of Key Players 16.3.1 Philips Lighting 16.3.2 Acuity Brands 16.3.3 Osram 16.3.4 Cree 16.3.5 General Electric Company 16.3.6 Eaton 16.3.7 Honeywell 16.3.8 Legrand 16.3.9 Hubbell Lighting 16.3.10 Zumtobel Group 16.3.11 Hafele Group 16.3.12 Lutron Electronics 16.3.13 Wipro Consumer Care & Lighting 16.3.14 Streetlight.Vision 16.3.15 Virtual Extension 16.3.16 Syska LED For more information about this report visit https://www.researchandmarkets.com/r/cgzcmkView source version on businesswire.com: https://www.businesswire.com/news/home/20190419005051/en/ Contacts: ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.comFor E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900Related Topics: Lighting Equipment, Internet of Things and M2M