Smart Lighting Market is Expected to Reach USD 56.62 billion in 2020

Posted by admin on February 3, 2018 in Articles

Transparency Market
Smart Lighting Market – Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2014 – 2020Published Date
04-May-201591 Page ReportBuy NowRequest SamplePress ReleaseTransparency Market Research
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[email protected] Smart Lighting MarketREPORT DESCRIPTIONSmart Lighting Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 – 2020
Smart lighting solutions are offered by coupling various lighting types powered with different control
components and connecting technology. Smart lighting solutions enable remote controlling of lighting
systems using wired or wireless technologies. The smart lighting market is primarily driven by the
increasing demand for energy efficient lighting systems for reducing energy consumption cost. Moreover,
technological advancements of sensors and wireless technologies in the field of smart lighting is driving
the growth of smart lighting market. In addition, LED based smart lighting solutions is aiding the growth of
this market.
Browse Smart Lighting Market Report with Full TOC at
The global smart lighting market is expected to witness a significant growth during the forecast period.
This is due to the increasing adoption of smart lighting solution across various application segments such
as industrial, commercial, public and government buildings. In addition, incorporation of smart lightings in
various outdoor lighting and residential buildings is further aiding the growth of smart lighting market.
Presently, commercial and industrial segment holds the majority of the market share and is expected to
dominate the market during the forecast period from 2014 to 2020. However, the residential application of
smart lighting has…