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Global LED Lighting Controllers Market is Expected to Reach US$ 5 Billion by 2025 - Persistence Market ResearchNEW YORK, November 27, 2017 /PRNewswire/ -- To understand the various aspects of the global LED lighting controllers market, Persistence Market Research recently conducted a research study on LED controllers across the globe and has presented all insights in a research publication titled "LED Lighting Controllers Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)".Several facets of the global market are analyzed across the key regions of North America, Latin America, Europe, Asia Pacific (APAC) and Middle East and Africa (MEA). This reflects an all-inclusive angle of the research with which a realistic picture of the entire market can be drawn. Weighted market segmentation along with extensive analysis on various segments of the global LED lighting controllers market is presented in a systematic and orderly format. (Logo: http://photos.prnewswire.com/prnh/20161114/438683LOGO ) Global LED Lighting Controllers Market: Forecast Highlights The research report on the global LED lighting controllers market states that the global market is projected to soar at a stellar CAGR of 17.4% during the forecast period to reach a valuation of above US$ 5 Bn by 2025 end from a value of around US$ 1,400 Mn in 2017. Request a PDF Sample for this Research Report @ https://www.persistencemarketresearch.com/samples/20116 Global LED Lighting Controllers Market: Segmental Analysis The global LED lighting controllers market is segmented on the basis of connectivity, by end user, by technology and by region.
Global LED Lighting Controllers Market: Growth Influencing Factors Several drivers fuelling the growth of the global LED lighting controllers market include rapid development of smart lighting infrastructure, increased adoption of smart lighting solutions in real estate, increasing partnerships with government authorities, various benefits of LED lighting controllers, growing demand for better lighting infrastructure, increasing lighting projects worldwide, increasing green building projects, rising demand for LED lighting controllers in the night club industry, growing applications of lighting solutions in the healthcare industry, increased government spending on smart city projects, rising inclination towards adoption of smart technology products, growing smart street lighting projects, favorable government initiatives and rising adoption of LED lighting controllers in retail stores. Challenges faced by wireless lighting control systems such as high maintenance and periodic battery change, less awareness about modern and smart lighting fixtures, challenges associated with centralized lighting control systems and high installation costs are hindering the growth of the global market for LED lighting controllers. Global LED Lighting Controllers Market: Competitive Assessment The report includes details on key companies operating in the global market. Profiles of companies such as Hubbell Lighting, Inc., GE Lighting, LLC, OSRAM Licht AG, Royal Philips NV, Acuity Brands Lighting, Inc., Eaton Corporation, Schneider Electric S.E, Honeywell International, Lutron Electronics and CREE, Inc., are included in this research study. Popular Research Reports by PMR:
https://www.persistencemarketresearch.com/market-research/led-lighting-solutions-market.asp
https://www.persistencemarketresearch.com/market-research/smart-machines-market.asp About Us Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes. Contact Us Web: http://www.persistencemarketresearch.com SOURCE Persistence Market Research Pvt. Ltd. |