Smart Lighting Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the smart lighting industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected smart lighting market growth numbers from 2022-2031.
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The global smart lighting market is expected to grow from $11.03 billion in 2021 to $13.15 billion in 2022 at a compound annual growth rate (CAGR) of 19.3%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The smart lighting market is expected to reach $26.21 billion in 2026 at a CAGR of 18.8%.
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https://www.thebusinessresearchcompany.com/report/smart-lighting-global-market-report
The Smart Lighting Global Market Report 2022-31 by The Business Research Company evaluates smart lighting market size, growth rate, drivers, smart lighting industry trends, and major companies.
The smart lighting market segments in the report are:
1) By Product: Smart Bulbs, Fixtures, Lighting Controls
2) By Application: Commercial, Government, Residential, Others
3) By Light Source: LED, HID, Others
4) By Communication Technology: Wired, Wireless
The table of contents in TBRC’s smart lighting market report includes:
1. Smart Lighting Market Executive Summary
2. Smart Lighting Market Characteristics
3. Smart Lighting Market Trends And Strategies
4. Impact Of COVID-19 On The Smart Lighting Market
5. Smart Lighting Market Size And Growth
...
27. Competitive Landscape And Company Profiles Of The Smart Lighting Market
28. Key Mergers And Acquisitions Of The Smart Lighting Market
29. Future Outlook and Potential Analysis Of The Smart Lighting Market
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