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Growth Opportunities for the Global Lighting Control Market
Trends, opportunities and forecast in
this market to 2023 by application (indoor and outdoor), installation
type (new installation and retrofit installation), connection type
(wired and wireless), product (LED driver, sensors, switches &
dimmers, relay units and gateways) and region (North America, Europe,
Asia Pacific, and the Rest of the World)
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The future of the lighting control market looks attractive with opportunities in the residential, commercial, and industrial sectors. The global lighting control market is expected to reach an estimated $21.1 billion by 2023 with a CAGR of 12% from 2018 to 2023. The major growth drivers for this market are growth in development of smart cities, increasing adoption of Internet of Things (IoT) in the lighting industry, rising utility costs, and favorable government regulations for energy efficiency.
Emerging trends, which have a direct impact on the dynamics of the lighting control industry, include increasing demand for daylight sensors, growth in camera-based lighting control technology, and development of hybrid lighting control systems.
A total of 93 figures / charts and 93 tables are provided in this 170-page report to help in your business decisions.
Global Lighting Control Market Trends Global Lighting Control Market Forecast Growth Opportunities for the Global Lighting Control Market by Application
The study includes the lighting control market size and forecast for the global lighting control market through 2023 by application, installation type, connection type, product and region.
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