Smart Lighting Market PPT (1) - PowerPoint PPT Presentation

About This Presentation

Smart Lighting Market PPT (1)


The global smart lighting market is expected to grow at a CAGR of approximately 27% during the forecast period 2017-2027 – PowerPoint PPT presentation

Number of Views:4
Slides: 10
Provided by: ehteshamp


Transcript and Presenter's Notes

Title: Smart Lighting Market PPT (1)

Smart Lighting Market
  • Global Opportunity Analysis and Industry
    Forecast, 2018-2027

Smart Lighting Market Overview
  • According to Market Research Future, the global
    smart lighting market is set to grow at an
    astounding CAGR of 27 during the forecast period
    of 2017 to 2027. With advancing technology and a
    growing, growing population, energy efficiency
    has become highly relevant and important. With
    cities around the world moving toward smart city
    infrastructure the market is expected witness
    exponential growth and reach an estimated
    evaluation of USD 25 Bn by the end of 2027.
  • Increasing awareness and concern for the
    environment have resulted in both consumers and
    government bodies increased demand for smart
    lighting. The energy efficiency benefits that
    smart lighting offers lend itself to cost
    efficiency as well, thus increasing demand.
    Growing investments in smart homes and smart
    cities combined with rapidly advancing wireless
    communication have augmented the market further.
    Initial installation costs are high, and there is
    a lack of skilled professionals this is expected
    to hamper market growth. However ongoing
    development and advancements of smart technology
    will provide avenues for growth over the
    assessment period.

  • The major factors driving the growth of the smart
    lighting market are growing awareness about
    environmental benefits of energy efficiency,
    rising and improving wireless communication
    technology, and growing investment in smart home
    cities market among others. However, aspects
    such as high installation cost, and lack of
    skilled expertise are hindering the growth of
    smart lighting market.
  • The global smart lighting market is expected to
    grow at a CAGR of approximately 27 during the
    forecast period 2017-2027.
  • Read More at https//

Market Segmentation
  • The global smart lighting market has been
    segmented on the basis of type, light source,
    communication technology, application, and
    region. By type, the market is segmented into
    lighting control, fixtures, and smart bulbs.
  • By light source, the market is segmented into HID
    light source, fluorescent light source, and light
  • By communication technology, the market is
    segmented into wired and wireless.
  • By application, the market is divided into
    outdoor, and indoor.
  • The global division of the smart lighting market
    includes North America, Europe, Asia Pacific and
    the Rest of the World.
  • Get the sample copy _at_ https//www.marketresearchfu

Top Impacting Factors
Key Market Players
Intended Audience
Detailed Regional Analysis
  • The global color detection market is studied in
    Asia Pacific, North America, Europe, and Rest of
    the World. It is observed that European region
    dominated the global smart lighting market in
    2014 and is anticipated to maintain its same
    position in the coming years as well, followed by
    the North American market. The increased adoption
    of smart lighting systems as an energy efficient
    lighting solution is fueling the smart lighting
    market in this region. Asia Pacific region is
    expected to be the fastest growing market due to
    increased usage of smart lighting, availability
    of raw materials, and low labor cost.

Thank You! For More Details
Visit us at
Follow Us On
Write a Comment
User Comments (0)