Americas, Europe, Asia-Pacific, and Middle East & Africa, is expected to dominate the global market for Smart Lighting Market Research Report.
The major growth driver of Smart Lighting Market includes growing awareness about environment benefits of energy efficiency, rising and improving wireless communication technology and growing investment in smart home & cities market among others.
Hence the market for Smart Lighting is expected to grow at XX% CAGR (2016-2027).
However, high installation cost, and lack of skilled expertise are the factors which are hindering the growth of Smart Lighting Market.
Global Smart Lighting Market can be segmented as follows:
Segmentation by Types: Connected indoor/ outdoor lighting and LED modules among others.
Segmentation by Application: Commercial, industrial, residential, entertainment, retail, and others (which includes automotive and security & surveillance).
Segmentation by Components: Sensors, wireless network, motion detector, and electronic control unit among others
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Key Players of Global LASIK Eye Surgery Market Research Report:
Regional Analysis of Smart Lighting Market:
Europe dominated the Global Smart Lighting Market with the largest market share due to increasing disposition of smart lighting in commercial, infrastructural and industrial sectors in the region, and therefore accounting for $XX million and is expected to grow over $XX billion by 2027. Smart Lighting Market in North America market is expected to grow at CAGR of XX% from $ XX million in 2016 to $XX million by 2027. The Asia-Pacific market for Smart Lighting Market is expected to grow at XX% CAGR (2016-2027).
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Reasons to Purchase this report
From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the Smart Lighting Market. High-growth regions & market drivers, restraints and opportunities.
· Vodafone has announced on in March 2016 about its agreement to become an IOT managed partner with Philips. The two companies get agreed to implement smart street lighting system in the market.
· Samsung, one of the leaders in advanced technology has announced in 2016 about its new development multi-purpose smart lighting module (SLM), to support the fast-moving smart city market.
· North America
· Latin America
· Western Europe
· Rest of Western Europe
· Eastern Europe
· South Korea
· Rest of Asia Pacific
Test the market data and market information presented through more than 50 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Lighting Market Research Report- Global Forecast to 2027”
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