Opportunities for the Smart Lighting Market in the United States


Posted September 29, 2020 by hiteshchawra

Opportunities for the Smart Lighting Market in the United States

 
"According to a new country report published by Lucintel, the future of the smart lighting market in the United States looks promising with opportunities in the residential and commercial sectors. The smart lighting market in the United States is primarily driven by development of smart cities, increasing usage of wireless technology, and increasing awareness of energy saving.

This report studies factors affecting the smart lighting market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that the control system is expected to remain the largest segment due to growth in home automation and to improve energy efficiency. Lucintel predicts that the demand for smart bulbs is likely to experience the highest growth in the forecast period supported by growing demand for wireless technologies in smart cities. Within the smart lighting market in the United States, light emitting diodes (LEDs) are expected to remain the largest market. Declining cost of LEDs, low maintenance, and high energy efficiency are expected to spur the growth of this segment over the forecast period.

Emerging trends, which have a direct impact on the dynamics of the smart lighting industry, include growing demand for Internet of things (IoT) technology and emergence of light fidelity (Li-Fi) technology in the field of smart lighting market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the smart lighting market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Smart Lighting Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the smart lighting market in the United States by product types, light source, communication technology, and application as follows:

Smart lighting market by product type [$M shipment analysis for 2014 – 2025]:
• Smart Bulbs
• Fixtures
• Control Systems
>Drivers and ballasts
>Switches and dimmers actuators
>Sensors
>Microcontrollers
>Transmitters and receivers

Smart lighting market by Light Source [$M shipment analysis for 2014 – 2025]:
• Light Emitting Diode
• Fluorescent Lamps
• High-Intensity Discharge Lamps
• Others

Smart lighting market by Communication Technology [$M shipment analysis for 2014 – 2025]:
• Wired
>Digital Addressable Lighting Interface
>Powerline Communication
>Power Over Ethernet
>Wired Hybrid Protocols
>Others
• Wireless
> Zigbee
>Bluetooth
>Enocean
>Wi-Fi
>Others

Smart lighting market by Application [$M shipment analysis for 2014 – 2025]:
• Indoor Lighting
>Commercial
>Industrial
>Residential
>Others
• Outdoor Lighting
>Highway & Roadway Lighting
>Architectural Lighting
>Lighting for Public Place
>Others

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/smart-lighting.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Categories Aerospace , Architecture , Blogging
Last Updated September 29, 2020