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
By Connectivity Type
By End User
- Ballasts and LED Drivers
- Dimmers and Switches Actuators
- Transmitters and Receivers
- Intelligent Luminaries
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Table of Content
- Commercial Buildings
- Residential Buildings
- Public Utilities
Chapter 1 Global Lighting Control System
Chapter 2 Global Economic Impact on Lighting Control System
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
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