The lighting control system market is estimated to grow from USD 19.5 billion in 2019 and projected to reach USD 39.0 billion by 2024, at a CAGR of +14.8%.

Improved connectivity and advances in technological solutions have increased the adoption of the intelligent lighting control system worldwide. Wireless technologies, such as ZigBee and bluetooth, have made the intelligent lighting control system installations perfect in several spaces. In addition, the concept of smart cities is also increasing in different regions and this movement is supported by many government initiatives. As a smart city consists of a connected system, the application of general lighting in the smart city requires automated lighting systems. These automated lighting systems use sensor-based control systems.

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As per the study, the worldwide market for Lighting Control System market is expected to witness a phenomenal rise over the forthcoming years. How the increasing need and the growing acceptance of Lighting Control System market products are likely to fuel the demand across the world in the near future is mentioned in this study. On the other hand, the concerns over the risk of the loss of information and the high initial investment may hamper the growth of this market considerably in the years to come, notes the research study.

Major players in the lighting control system market are Signify Holding (Signify, Netherlands), Legrand S.A. (Legrand, France), Eaton Corporation (Eaton, Ireland), General Electric Company (GE, US), and OSRAM Licht AG (OSRAM, Germany). Other players operating in the lighting control system market include Acuity Brands, Inc. (Acuity, US), Leviton Manufacturing Company, Inc. (Leviton, US), Lutron Electronics Co. Inc (Lutron, US), Ideal Industries Inc. (Ideal Industries, US), Schneider Electric (Schneider, France), and Honeywell International Inc. (Honeywell, US).

By Component Type
  • Sensors
  • Ballasts and LED Drivers
  • Microcontrollers
  • Dimmers and Switches Actuators
  • Transmitters and Receivers
  • Intelligent Luminaries
By Connectivity Type
  • Wired
  • Wireless
By End User
  • Commercial Buildings
  • Residential Buildings
  • Public Utilities
Get a massive discount on this report: https://www.marketresearchinc.com/ask-for-discount.php?id=30546 Table of Content Chapter 1 Global Lighting Control System Market Overview Chapter 2 Global Economic Impact on Lighting Control System Industry Chapter 3 Global Lighting Control System Market Competition by Manufacturers Chapter 4 Global Lighting Control System Production, Revenue (Value) by Region (2012-2018) Chapter 5 Global Lighting Control System Supply (Production), Consumption, Export, Import by Regions (2012-2018) Chapter 6 Global Lighting Control System Production, Revenue (Value), Price Trend by Type Chapter 7 Global Lighting Control System Market Analysis by Application Chapter 8 Lighting Control System Manufacturing Cost Analysis To continue….. About Us: Market Research Inc is farsighted in its view and covers massive ground in Global research. Local or Global, we keep a close check on both markets. Trends and concurrent assessments sometimes overlap and influence the other.  When we say market intelligence, we mean a deep and well-informed insight into your products, market, marketing, competitors, and customers. Market research companies are leading the way in nurturing Global thought leadership. We help your product/service become the best they can with our informed approach. Contact Us: Author Kevin US Address: 51 Yerba Buena Lane, Ground Suite, Inner Sunset San Francisco, CA 94103, USA Call Us: +1 (628) 225 1818 Email: sales@marketresearchinc.com