The evolution of smart technology has changed the overall lighting industry w.r.t. energy and money-saving and improved the safety and convenience of the users. The global lighting market is growing at a significant rate and is expected to reach a substantial level by 2025. Moreover, smart lighting systems are gaining popularity and are expected to grow at a noteworthy rate in the coming years.
The future global economy is expected to consume more energy resources, especially with the growing energy demand from developing countries, such as China and India. Additionally, the risk of climate change associated with the use of fossil fuels has made the supply of energy increasingly difficult. The lighting segment consumes most of the electricity in a commercial building and draws substantial energy for a private residence.
The changing paradigm of the lighting industry to the electronics industry is a major opportunity for the growth of the smart lighting market. With the arrival of smart technologies in the lighting industry, various gateways have been opened for the companies of several industry verticals, such as control systems, dimmers, and software-based solutions and sensors. The scenario of the lighting industry has been completely transformed with the establishment of modern technologies in it. The smart lighting industry involves not only lamps, but also the sensors that gather and transfer the information.
Residential
Artificial lightings in the home environment have a profound effect on the overall health and comfort of the users. Smart lighting technology gives the user the capability to control lightings according to the associated mood and occupancy. This has changed the conventional way of lighting homes to a much structured and user-friendly way. Smart technologies have the potential to change the lighting sector that has recently been dealing with several challenges.
The different types of controls included in the smart residential lighting solution are:
- Centralized Lighting Panels
- Lighting Controllers
- Wired Keypad
- Wireless Remote
- In-Wall Touchscreens
- Lighting Control Apps (Android & iOS)
- Dimmers
- Switches
- Voice-Controlled Panels
- Occupancy & Motion Sensors
- Servers
- Retrofit Devices
- Replays
Smart Lighting Fixture Witnessed Higher Growth in Demand:
The decision to buy a lighting fixture depends on the other electronic products that consumers are using. For taking the right decision in this regard, the presence and expertise of construction industry professionals, such as electrical engineers, lighting designers, and architects, are required.
Thermal comfort improvement and air-conditioning energy saving can be done by using a fewer number of electric lighting fixtures, which reduces heat gain. Electric lighting fixtures can affect visual comfort and performance while controlling glare and reflection.
Further, the fixtures are subcategorized into key products – compact fluorescent lights (CFL), light emitting diode (LED), organic light emitting diode (OLED), high intensity discharge (HID) lamps, and plasma lamps.
Regional Analysis of Smart Lighting Market:
The chapter covers the geographical analysis of the global smart lighting market for different regions, namely North America, Europe, Asia-Pacific and Japan, Middle East and Africa, China, the U.K., and Latin America. The chapter focuses on a country-level analysis and provides the market size of various smart lighting products in terms of value and volume. This chapter also provides the country-level market segmentation by product and application. The chapter identifies the key growth enablers based on a detailed push-and-pull force analysis. The segment analyzes the ongoing trends in the smart lighting industry in the major regions by probing into the past and present governmental regulations, macro-and micro-economic factors, and the significant initiatives taken by lighting manufacturers in their respective regions.
The countries included in the North America region are the U.S., Canada, and Mexico. The countries included in the Europe region are Germany, the U.K., France, and Sweden. The countries included in the Asia-Pacific region are China, Japan, South Korea, and India.
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The smart lighting report covers every detail like CAGR Value, forecast period, market value, region wise data, covid-19 impact, business drivers, opportunities, challenges, growth factors, market segmentation:
