By Component (Hardware, Software, Services), By Installation (New Installation, Retrofit), By Connection (Wired, Wireless), By End Users (Residential, Commercial, Industrial, Public & Government Buildings, Highway & Roadways, Transportation & Automotive, Architectural Lightings), By Region (North America, South America, Europe, Middle East & Africa and Asia-Pacific), By Country (United States, Canada, Mexico, Brazil, Argentina, Germany, France, Italy, United Kingdom, Spain, Russia, Saudi Arabia, UAE, South Africa, Nigeria, China, India, Japan, South Korea), By Company
Buildings, Construction, Metals & Mining
According to MarkNtel Advisors’ research report titled “Global Lighting Controls Market Analysis, 2020”, the Lighting Controls market is projected to register a CAGR of around 14% during 2020-25. The Asia-Pacific region is anticipated to rapidly grow in the Global Lighting Controls market in the forthcoming period.
Historical Data: 2015-19
Base Year: 2019
Forecast Period: 2020-25
Middle East & Africa
The Asia-Pacific Lighting Controls market is driven largely by the adoption of lighting controls for large open spaces in the form of halls in hotels and restaurants since the past few years and it is further expected that the construction of new hotels and restaurants would add to larger demand in the coming years. For instance, the construction of hotel and convention centers, worth around USD 282 million in India is expected to add demand for lighting controls by 2022.
Moreover, the push toward the installation of smart street lamps for traffic management and resolving parking issues in India, China, and developing South-East Asian countries would drive the software market for lighting control.
The software segment acquired a considerable market share in the Global Lighting Controls market in 2019. The demand for software both cloud and web-based are expected to increase in the coming years due to surging demand for smart lighting solutions worldwide. The smart lighting control system is easily controllable through smartphones and other smart devices. Thus, the demand for smart lighting solutions is increasing throughout the world. The cloud-based lighting control system are used by end-users to reduce the risk of safety and security. The construction of hospitals, government building, etc. are generating the demand for cloud-based lighting control systems throughout the world.
According to MarkNtel Advisors, the key players capturing a considerable market share in the Global Lighting Controls market include Lutron, Acuity Brands, Legrand, Hubbel Inc., Schneider Electric, Eaton, ABB, etc. The players are introducing new lighting control systems and software to gain a competitive edge in the industry. In 2018, Fulham launched a new line of Bluetooth mesh lighting control systems and software. In 2019, LG introduced a new lighting control system, the LG Smart Lighting Manager (SLM).
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Lighting Controls Market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global Lighting Controls Market?
Who are the key competitors or market players and how they perform in Global Lighting Controls Market on the basis of competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Global Lighting Controls Market study?
Market Outlook, Segmentation and Statistics
Market Size & Analysis
Market Share & Analysis
By Connection Type
Digital Addressable Lighting Interface (DALI)
Power Line Communication (PLC)
Power Over Ethernet (POE)
Bluetooth/Bluetooth Low Energy (BLE)
By End User
Public & Government Buildings
Highways & Roadways
Transportation & Automotive
Middle East & Africa
Strategic Factorial Indexing
Competitor Placement in Markntel Quadrant
Global Fire Control Systems Market Policies, Regulations, Application Standards
Global Fire Control Systems Market Hotspot and Opportunities
Global Fire Control Systems Market Key Strategic Imperatives for Success and Growth
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Global Lighting Controls Market during 2020-25?
A. The market size of Global Lighting Controls Market during 2020-25 is forecast to be around 14%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Lighting Controls Market?
A. Lutron, Acuity Brands, Legrand, Hubbel Inc., Schneider Electric, Eaton, ABB are few of the leading players in the Global Lighting Controls Market.
Q. Does the report scope cover Global Lighting Controls connection type and region wise market statistics also?
A. Yes, the scope of the report encompass detailed Global Lighting Controls connection type and region wise statistics such as market size, market segmentation based on various subcategories.
Q. Which component segment would emerge as an opportunity area for players in Lighting Controls Market?
A. The Software segment the largest segments will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Lighting Controls Market.
1.1. Market Segmentation
1.2. Product Definition
1.3. Research Process
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Lighting Controls Market Outlook, 2015-2025F
4.1. Market Size & Analysis
4.1.1. Market Revenues
4.2. Market Share & Analysis
4.2.1. By Component
22.214.171.124.4. LED Drivers
126.96.36.199.1. Cloud based
188.8.131.52.2. Web based
184.108.40.206.1. Professional Services
220.127.116.11.2. Maintenance Services
18.104.22.168.3. Managed Services
4.2.2. By Installation
22.214.171.124. New Installation
126.96.36.199. Retrofit Installation
4.2.3. By Connection Type
188.8.131.52.1. Digital Addressable Lighting Interface (DALI)
184.108.40.206.2. Power Line Communication (PLC)
220.127.116.11.3. Power Over Ethernet (POE)
18.104.22.168.4. Hybrid (Wired)
22.214.171.124.2. Bluetooth/Bluetooth Low Energy (BLE)
126.96.36.199.6. Hybrid (Wireless)
4.2.4. By End User
188.8.131.52. Public & Government Buildings
184.108.40.206. Highways & Roadways
220.127.116.11. Transportation & Automotive
18.104.22.168. Architectural Lightings
4.2.5. By Region
22.214.171.124. North America
126.96.36.199. South America
188.8.131.52. Middle East & Africa
4.2.6. By Company
184.108.40.206. Revenue Shares
220.127.116.11. Strategic Factorial Indexing
18.104.22.168. Competitor Placement in MarkNtel Quadrant
4.3. Market Attractiveness Index
4.3.1. By Component
4.3.3. By Connection Type
4.3.4. By End User
4.3.5. By Region
5. North America Lighting Controls Market Outlook, 2015-2025F
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Component
5.2.2. By Installation
5.2.3. By Connection Type
5.2.4. By End User
5.2.5. By Country
5.3. Market Attractiveness Index
5.3.1. By Component
5.3.2. By Installation
5.3.3. By Connection Type
5.3.4. By End User
5.3.5. By Country
6. South America Lighting Controls Market Outlook, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Market Revenues
6.2. Market Share & Analysis
6.2.1. By Component
6.2.2. By Installation
6.2.3. By Connection Type
6.2.4. By End User
6.2.5. By Country
6.3. Market Attractiveness Index
6.3.1. By Component
6.3.2. By Installation
6.3.3. By Connection Type
6.3.4. By End User
6.3.5. By Country
7. Middle East & Africa Lighting Controls Market Outlook, 2015-2025F