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The global smart lighting market is expected to generate revenue worth $8.68 billion in 2018, and is projected to reach $38.68 billion by 2026NEW YORK, Jan. 13, 2020 /PRNewswire/ -- Smart Lighting Market by Offering (Hardware and Software), Connectivity Technology (Bluetooth, Zigbee, Wi-Fi, and DALI), Lighting Technology (LED, Halogen, Incandescent, Fluorescent, and CFL), and Industry Vertical (Commercial, Residential, Industrial, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026 Read the full report: https://www.reportlinker.com/p05836985/?utm_source=PRN The global smart lighting market is expected to generate revenue worth $8.68 billion in 2018, and is projected to reach $38.68 billion by 2026, to register a CAGR of 20.5% during the forecast period. Smart lighting is designed to manage luminance using remote controls. Smart lighting ensures energy efficiency and includes automated control and highly efficient fixtures, which can adjust depending on conditions, such as occupancy and external lighting. Lighting is an intentional use of light to add practical and aesthetic effect to a space. Furthermore, these systems include general, accent, and task lighting. Besides this, smart lighting systems ensure lower energy usage and high cost savings. KEY MARKET SEGMENTS By Offering • Hardware • Software By Connectivity Technology • Bluetooth • Zigbee • WiFi • DALI By Lighting Technology • LED • Halogen • Incandescent • Fluorescent • CFL By Region • North America o U.S. o Canada o Mexico • Europe o UK o Germany o France o Russia o Rest of Europe • Asia-Pacific o China o India o Japan o Australia o Rest of Asia-Pacific • LAMEA o Latin America o Middle East o Africa Key Market Players • Acuity Brands, Inc. • Cisco Systems, Inc. • Cree, Inc. • Eaton • Deco Lighting, Inc. • Dialight • General Electric • Honeywell International Inc. • Koninklijke Philips N.V. • Syska Read the full report: https://www.reportlinker.com/p05836985/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-global-smart-lighting-market-is-expected-to-generate-revenue-worth-8-68-billion-in-2018--and-is-projected-to-reach-38-68-billion-by-2026--300985644.html SOURCE Reportlinker |