Lighting Control System Market Size is Projected to Reach USD 29990 Million by 2026 - Valuates Reports - Seite 2

The wireless communication protocol lighting control system market is expected to expand at a high CAGR. The advancement of wireless technologies for lighting control systems is expected to propel the demand for wireless communication technologies.

In 2018, APAC accounted for the largest light control system market share. Due to the rapid infrastructure-related activities undertaken in this region, APAC is expected to be the fastest-growing region for the market during the forecast period. Factors such as the ever-growing population, rising per capita income, and vast geographical expansion have contributed indirectly to the growth of the Asian countries' lighting control systems market size.

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THE KEY PLAYERS COVERED IN THIS STUDY

• General Electric Company (GE) (US)
• Philips Lighting (Netherlands)
• Eaton (Ireland)
• Legrand (France)
• OSRAM Licht (Germany)
• Acuity Brands (US)
• CREE (US)
• Lutron Electronics (US)
• Leviton Manufacturing (US)
• Echelon (US)
• Lightwave PLC (UK)
• Digital Lumens (US).

LIGHTING CONTROL SYSTEM MARKET SEGMENTS

Market segment by Type, the product can be split into

• Hardware
• Software
• Lighting as a Service.

Market segment by Application, split into

• Indoor
• Outdoor.

Market segment by Regions/Countries, this report covers

• North America
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America.

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SIMILAR REPORTS :

●  Smart Lighting Market

The global Smart Lighting Market size is expected to generate revenue worth USD 8.68 Billion in 2018 and is projected to reach USD 38.68 Billion by 2026, to register a CAGR of 20.5% during the forecast period.