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Markets and Markets : The Total Smart Lighting Market expected to be cross $56.05 Billion by 2014 to 2020
[July 28, 2014]

Markets and Markets : The Total Smart Lighting Market expected to be cross $56.05 Billion by 2014 to 2020


(M2 PressWIRE Via Acquire Media NewsEdge) 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".



Browse 80 market data tables with 55 figures spread through 265pages and in-depth TOC on "Smart Lighting Market ".

http://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html Early buyers will receive 10% customization on this report.


Smart lighting includes an environment which is completely controlled by lighting control systems. The use of these lighting control systems enable to deliver the right amount of light at the right place and also at the right time. This aids to increase the potential of smart lighting industry. The use of internet-enabled lighting devices and integration of wireless technologies with such devices are biggest factors for the growth of smart lighting industry. The lighting control systems utilize factors such as occupancy, available daylight and time of day to turn lights on or off accordingly. The building owners as well as administrators are therefore experiencing a great level of flexibility along with a noteworthy energy and cost savings. The evolution of smart lighting over a period of years includes technologies and solutions such as automated lighting controls, occupancy and daylight detection, use of Light Emitting Diode (LED) / Organic Light Emitting Diode (OLED), implementation of wireless lighting.

PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=985 Lighting Control solutions, based on different technologies, reduce lighting energy consumption in commercial & industrial buildings by up to 70%. These solutions were restricted in the past by cost, complexity and applicability, but new wireless technologies provide ways to expand the capabilities of lighting control and offer them to a wider set of customers. Residential building applications will also potentially grow to a large extent with the incorporation of wireless technology, as compared to the other applications.

For More Further Details @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=985 The growth of the smart lighting market in the coming years is expected to be very important, with the revenue growth estimated to reach $56.05 billion by 2020, at an estimated CAGR of 15.8% from 2014 to 2020. The major players in this market include Acuity Brands, Inc. (U.S.), Legrand S.A (France), Lutron Electronics Company, Inc.

(U.S) and Zumtobel AG (Austria). Several other acquisitions, mergers, new product launch, agreements and so on, have taken place recently and are discussed in the report.

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.

About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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