Dublin, Sept. 27, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/vh6x8w/global_smart)
has announced the addition of the "Global
Smart Lighting Market (2013 - 2018) By Component (Sensors,
Controllers, Chipsets, Others); Lighting Type (LED, FL, CFL, HID);
Connectivity (Wired, Wireless); Application (Commercial,
Industrial, Public, Government, Residential) & Geography"
report to their offering.
Smart lighting is an advance technology in lighting that makes use
of intelligent lighting control systems to intelligently control
light based on various parameters like occupancy, movement, color
temperature, amount of natural/daylight etc. Smart lighting market
is growing at a phenomenal way and main drivers for this growth are
energy efficiency, development in electronics and sensor
technology, eradication of incandescent lamps, favorable government
policies and evolution of novel wireless technology. Entry barriers
are low for this market and many new players are arriving in this
market. For example: the smart lighting market in the U.S. is being
dominated by start-ups that are just three years old. In the
present scenario, many companies are launching new products in the
market. It can be observed that LED-based products which are based
on wireless technology are being launched at a large scale at
present.
Commercial and industrial buildings are the most prominent
application of smart lighting. In commercial buildings, lighting
adds up to 40% of total energy cost. Deployment of intelligent
lighting control is being supported by building owners,
governments, utilities, and many other stakeholders as it helps to
drastically reduce energy consumption. Public and government
building have the second largest share among all application in the
smart lighting market. As smart lighting projects for public and
government buildings are government-funded projects, the growth of
this application area will be stable as it would be given priority
in every economy. Residential buildings application has largest
growth potential and will grow at the highest CAGR of 87.5% from
2013 to 2108 when compared with other application. Initial
investment will pose as a restraint initially, however it is
predicted that once the customers become aware of the energy
savings benefits of intelligent lighting system in the long run, it
will grow exponentially. Outdoor lighting application is another
promising application. The greatest opportunity area in this market
is the prospect of its integration with other important systems in
the city like traffic signals, energy meters, pollution sensors,
parking-lot lights, and traffic sensors to form a smart city. Smart
lighting systems are mainly employed by high end cars. Companies
like Mercedes-Benz and Audi have already incorporated the systems
in their luxury cars.
At present, Europe has the largest market for smart
lighting especially in commercial industrial buildings, outdoor
lighting, and automobiles applications. The presence of lighting
giants like Philips (The Netherland), Osram Gmbh (Germany) and
Zumtobel AG (Austria) is an important reason behind the
implementation of smart lighting system in this region. Smart
lighting has the second largest market in North America. Several
new players have emerged in this region, especially in the U.S.,
who has developed breakthrough products related to smart lighting.
APAC is the emerging market for smart lighting. It is believed that
market will grow at an exponential rate of 37.7% between 2013 and
2018.
The report covers recent developments in the smart lighting
industry like Acquity brands (U.S.), Acquiring Adura Technologies
(U.S.) in January 2013 and the acquisition of Encelium Technologies
(U.S.) by Osram AG (Germany). Several other acquisitions, mergers,
new product launch, agreements and so on, have taken place recently
and are discussed in the report.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Market Overview
4 Smart Lighting Market Analysis & Forecast, By Lighting
Type
5 Smart Lighting Market Analysis & Forecast, By Component
6 Smart Lighting Market Analysis & Forecast By Connectivity
Technology
7 Smart Lighting Market Analysis & Forecast, By
Applications
8 Smart Lighting Market Analysis And Forecast By Geography
9 Competitive Landscape
10 Company Profiles
Companies Mentioned
- Acuity Brands
- Adura Technologies
- Control4
- Daintree Networks
- Digital Lumens
- Encelium Technologies
- Enlighted
- Greenwave Reality
- Honeywell International
- Legrand S.A.
- Lutron Electronics
- Nxp Semiconductors
- Osram Gmbh
- Redwood Systems
- Royal Philips Electronics N.V.
- Samsung Electronics
- Smart Lighting Engineering Research Center
- Streetlight.Vision
- Tvilight B.V.
- Zumtobel Ag
For more information visit http://www.researchandmarkets.com/research/vh6x8w/global_smart
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Semiconductor