Intelligent Lighting Market Recent Trends, Market Drivers and Development Forecast by 2021

Global Intelligent Lighting Market is segmented, By Component Type into Sensors, Ballasts and LED Drivers, Microcontrollers, Dimmers and Switches Actuators, Transmitters and Receivers, Intelligent Luminaries. Lighting control system is an intelligent network based electronic system with an ability to regulate or control the quality, level or pattern of illumination as per the user requirement. This system consists of different sensors, input and output devices, communication system and one or more central dispensation unit.

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There are many factors driving the growth of Intelligent lighting control market such as the compensations provided by Intelligent lighting control system over the traditional switch operated lighting systems it is more economic and energy efficient. It enables users to associate with the traditional lighting system, also residential sectors added to the market growth. On the other side, there are some factors, which directly hinder the development of intelligent lighting control market.

Lack of information pertaining to installation costs of whole intelligent lighting control system and payback period of the same. Appropriate implementation facilities user in professionally dealing with power demand and supply gap. Mounting governmental initiatives concerning installation of smart lighting system is projected to drive the demand. Intelligent Lighting Market is segmented, By Connectivity Types into Wired, Wireless. Intelligent Lighting Market is segmented, By End User into Commercial Buildings, Residential Buildings, and Public Utilities.

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Intelligent Lighting Market is segmented, by Geographical Region into North America, Europe, Asia-Pacific, and LAMEA. North America is the uppermost donor in term of income in intelligent lighting control market, and it is projected that Asia-Pacific is the fastest growing market for intelligent lighting control provider across the globe in near future. The key players in the Intelligent Lighting Industry include General Electric, OSRAM Licht AG, Eaton Corporation PLC, Legrand S.A., Koninklijke Philips N.V. and Acuity Brands, Inc.