Global Light Management System Market is projected to propel at a rapid pace and witness a formidable CAGR over the forecast period 2023-2027. The market growth can be accredited to the accelerating demand for smart controls in residential and commercial buildings and the increasing adoption of the energy-efficient lighting. The light management system is utilized to control the lighting installed in a particular premise which helps in saving the electricity and manage the energy use efficiently. The market is further catalysed by the advent of Internet of Things (IoT) and its growing adoption in the energy management solutions. In addition, the smart and wireless technologies such as ZigBee and Bluetooth, have made installation of light management system easy. Apart from this, the governments of several developing nations are focussing on building smart cities. A smart city comprises a connected system, automated lighting system and general lighting application. For instance, rapid infrastructure building activities in India have paved the way for light management systems. This is anticipated to provide lucrative growth opportunities to the market players of the global light management system in the coming years.
The global light management system is bifurcated on the basis of type, application, end-user, function, competitive landscape, and regional distribution. based on the type the market is divided between analogue and digital. By application the market is segregated between indoor and outdoor. The indoor segment is expected to dominate the market during the forecast period due to increasing demand for smart lighting controls in the commercial sector. Based on the end-user the market is fragmented between commercial, industrial, municipal and smart homes. By function the market is segmented into dimming control management, schedule-based management, occupancy-based management and daylight control management
Download Free Sample Report
Some of the leading players in the Global Light Management System Market are Schneider Electric, Eaton, ABB, GE, Acuity, Honeywell, Zumtobel Group, Lutron, Siemens, Philips Lighting etc.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Application · Function · End-user |
| Regional scope | North America; Europe &CIS; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; Kuwait |
| Key companies profiled | Schneider Electric, Eaton, ABB, GE, Acuity, Honeywell, Zumtobel Group, Lutron, Siemens, Philips Lighting |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
