The Global Intelligent Lighting Control Market research study published by Emergen Research is an extensive collection of insightful information about the Intelligent Lighting Control industry. The report covers the Intelligent Lighting Control Market segmentation along with a detailed outline of the Intelligent Lighting Control market size with regards to volume and valuation. The report provides comprehensive coverage of the Intelligent Lighting Control market scenario for the current period and forecast timeline of 2021-2030. The Intelligent Lighting Control market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
The global Intelligent Lighting Control Market is projected to reach USD 27.29 billion by 2027, according to a recent report by Emergen Research. The evolution of smart technology over the years has significantly modified the industry in terms of energy and cash saving, as well as improved the protection and convenience of the users. With the arrival of cutting-edge technologies within the industry, varied gateways are opened for the businesses of many trade verticals, like dimmers, management systems and software system primarily based solutions and sensors. The state of affairs of the industry has been utterly reworked with the institution of contemporary technologies in it. The world economy on a longer term is anticipated to consume a lot of energy resources within the longer run, particularly with the growing energy demand from the developing countries like India, China, and Japan. Lighting phase sometimes consumes majority of the electricity during a business building and attracts substantial energy levels for a non-public residence. Intelligent lighting controls witnessed important increase within the adoption rate for the usage in varied applications because of multitudinous blessings offered by the technology.
Factors influencing the growth of the Intelligent Lighting Control market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Intelligent Lighting Control market. The report discusses in detail the positive and negative impact of the pandemic on the Intelligent Lighting Control industry. The supply chain disruptions and economic volatility have altered the dynamics of the Intelligent Lighting Control industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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The content of each profile differs, depending on the organization. In general, a profile gives the following information:
Overview of the company’s Intelligent Lighting Control products & services
Analysis of recent financial performance–annual revenue of the companies
Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
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The key companies studied in the report are:
Lutron Electronics Co., Ltd, General Electric Company, Honeywell International Inc., Leviton Manufacturing Co., Inc., Cree, Inc., Enlighted Inc., Acuity Brands, Inc., OSRAM GmbH, LSI Industries, Inc., Hubbell Incorporated
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
Segments Covered in this report are:
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Product Outlook (Revenue, USD Billion; Volume: Kilo Tons; 2017-2027)
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- Sensors
- Ballast and LED Drivers
- Microcontrollers
- Dimmers and Switch Actuators
- Transmitters and Receivers
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Applications Outlook (Revenue, USD Billion; Volume: Kilo Tons; 2017-2027)
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- Smart Cities
- Automotive
- Manufacturing
- Media and Entertainment
- Others
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Connectivity Outlook (Revenue, USD Billion; Volume: Kilo Tons; 2017-2027)
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- Wired
- Wireless
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The report addresses the following key points:
- The report estimates the expected market size from 2021-2030
- The report provides a forecast of market drivers, restraints, and future opportunities for the Intelligent Lighting Control market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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