Smart Lighting Control Systems Market to Witness Attractive Growth Opportunities in (Asia Pacific/ US)

According to a recent market report published by Research Report Insights (RRI) titled, “Lighting controllers Market by 2025” the global lighting controllers market was valued at US$ 4,214.2 Mn in 2016, and is expected to register a CAGR of 17.6% from 2017 to 2025. The development of smart lighting infrastructure and government spending on smart city projects are the major factors driving growth of the global lighting controllers market.

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Lighting controllers are the devices which assists in controlling lights via sensor, and dimmers. It is an intelligent network based lighting control solution that integrates communication between various system inputs and outputs related to lighting control with the use of central computing device. These controllers are now widely used in commercial, industrial, and residential applications to provide the right amount of light where and when it is needed.

Global lighting controllers market is categorized on the basis of by technology, by application, and by region. On the basis of technology, the market is segmented as sensor, dimmer, day-light harvesting, and time scheduling. Time scheduling sub segment is anticipated to register a CAGR of 18.8% during the forecast period. The sensor sub segment is accounted for the largest market share of 29.5% in 2017. Moreover, the increasing demand for lighting controllers in the retail outlets and escalating demand for better lighting infrastructure are some of the major factors which are fueling the growth of lighting controllers market.

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By application, the market is segmented as commercial, industrial, and residential. The residential sub-segment accounted for relatively higher CAGR of 19.1% during the forecast period. The commercial sub-segment accounted for the largest market share of 41.6% in 2017. The increasing usage of smart lighting solutions for residential, and industrial applications is one of the major factor driving the growth of the lighting controllers.

This report also covers drivers, restraints and trends driving each segment and offers analysis and insights regarding the potential of lighting controllers market in regions including North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, Asia Pacific accounted for the largest market share in 2016 owing to government spending on smart cities projects and increasing inclination towards the adoption of smart technology products. Asia Pacific region is also expected to register a healthy CAGR of 19.3% during the forecast period. Europe and North America also offers potential growth opportunities for lighting controllers market due to the increasing focus of various countries in the region on energy efficient building infrastructure, and a surge in green building projects in the region.

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 Some of the top companies identified across the Lighting controllers market are: Hubbell, Philips Lighting Holding B.V., Acuity Brands, Inc., Eaton Corporation, Cree, Inc., General Electric, OSRAM GmBH, Honeywell International, Inc., Schneider Electric, and Lutron Electronics Co., Inc.

According to the new market research report "Ambient Lighting Market by Offering (Hardware, and Software & Services), Type (Surface-Mounted Lights, Strip Lights, Track Lights, Recessed Lights, and Suspended Lights), End User, and Region - Global Forecast to 2023", is expected to be valued at USD 96.09 Billion by 2023, growing at a CAGR of 10.71% between 2017 and 2023.

The growth of the ambient lighting market can be attributed to the rising awareness about energy-efficient lighting solutions and stringent government regulations pertaining to the implementation of energy-efficient lighting sources.

Residential sector to hold the largest share of the ambient lighting market between 2017 and 2023The residential sector is expected to hold the largest share of the ambient lighting market between 2017 and 2023.

These units help in controlling multiple lights from single point of source.

The control systems are usually integrated with trending technologies such as IoT; this makes their operations more effective.

APAC to hold the largest share of the ambient lighting market by 2023Asia Pacific is expected to hold the largest share of the ambient lighting market by 2023.

If you are from the 90s, you must have seen ‘Jetsons’ – a cartoon way ahead of its time, where there were smart robots and things doing the daily chores.

It got us excited and made us wonder if this can be a reality.

Well, my friend, we have reached a position where we have a smart home with numerous ‘things’ connected to each other.

Be its temperature control, security, smart lighting, cooking, air pollution control or anything else – an IoT smart home app development can take care of it. 

Take AWAIR for example. It’s a cute and small radio device.

The look can be deceptive as the device is a sensitive tool that measures air quality.

Read on to know the steps involved.

If you are from the 90s, you must have seen ‘Jetsons’ – a cartoon way ahead of its time, where there were smart robots and things doing the daily chores.

It got us excited and made us wonder if this can be a reality.

Well, my friend, we have reached a position where we have a smart home with numerous ‘things’ connected to each other.

Be its temperature control, security, smart lighting, cooking, air pollution control or anything else – an IoT smart home app development can take care of it.

The new Smart Home Control System Market report offers a comprehensive study of the current scenario of the market including major market dynamics.

Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.

Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Smart Home Control System Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/smart-home-control-system-market/download-sampleMarket DynamicsThe global smart home control system is expected to witness steady growth during the forecast period.

Another key factor positively impacting its market is growing need for real-time home monitoring systems in order to improve safety and security of homes and to make things easy for handicapped and geriatric population as it needs no manual operation.

In addition, government Initiatives emphasizing on usage of energy efficient and low carbon emitting solutions will boost the demand for smart home control system, as it is low on energy consumption.

Global Airport Lighting Control and Monitoring System market Outlook (2021-2027)The report on the global Airport Lighting Control and Monitoring System market gives a comprehensive market survey based on the data form the years 2015 to 2021 and gives a forecast for the markets up to the year 2027.

The assessment period of the report extends from 2021 to 2027 with the forecast of the market based on the market trend analysis.Key Players Profiles in This Research Report are- Eaton, ATG Airports, S4GA, MULTI ELECTRIC, ACAMS AS, YOUYANG, and Airfield Lighting SystemsMarket SegmentationFor the purpose of the study, the Airport Lighting Control and Monitoring System market was segmented into type, application, end user, and region.

The segmentation helped to understand how the Airport Lighting Control and Monitoring System market penetration into the global market can be improved.

There were several constraints that needed to be resolved for market penetration which ideally were looked into before the Airport Lighting Control and Monitoring System market went global.Request the Sample Copy Here @ https://www.reportsandmarkets.com/sample-request/global-airport-lighting-control-and-monitoring-system-market-4342508?utm_source=soccernurds_medium=47Regional AnalysisThe various segments helped in thorough understanding on how the Airport Lighting Control and Monitoring System market can be improved, where it needs improvement.

Rise in income of the population and growing interest of the people are reasons for the boost in demand in other regions.Market Segment by Regions, regional analysis coversNorth America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, Colombia etc.

Though there is an increase in demand for the products and services, limited resource is considered a major threat.