Control system is expected to remain the highest growing segment in the global smart lighting market


Posted July 4, 2022 by Lucintel

Trends, opportunities and forecast for smart lighting market by product type (smart bulbs, fixtures, control systems)
 
Control system is expected to remain the highest growing segment in the
global smart lighting market
An exciting new study from the team of Lucintel found that smart lighting market is
expected to reach $21.7 billion by 2027 with a CAGR of 13%. There are significant
money making opportunities available in this market and companies planning to enter
this market need to differentiate in order to maximize their return on investment.
Download Brochure of this report by clicking on https://www.lucintel.com/smart-
lighting-market.aspx
The smart lighting market is segmented based on product types, light source,
communication technology, application, and region. In this market, control system is the
largest segment by product.
The growing demand for IoT technology in the smart lighting system and emergence of
light fidelity (Li-Fi) technology in the field of smart lighting are emerging trends having
impact on dynamics of the industry.
CREE Inc, AMS, Signify N.V., Zumtobel Group, Savant Systems, Inc., SemiLEDs
Corporation are some of the major players profiled in this 195 page report.
Request Sample Pages by clicking on https://www.lucintel.com/smart-lighting-
market.aspx
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the smart
lighting market by products (smart bulbs, fixtures, control systems), light source (light
emitting diode, fluorescent lamps, high-intensity discharge lamps, and others),
application (indoor lights and outdoor lights), communication technology (wired and
wireless), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the smart lighting market?
Q.4 What are some changing demands of customers in the smart lighting market?
Q.5 What are the new developments in the smart lighting market? Which companies are
leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business
growth?
Q.7 What are some of the competitive products and processes in this smart lighting
area and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A activity has occurred in the last 5 years in this smart lighting market?
This unique report from Lucintel will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents, contact Lucintel
at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive analysis,
opportunity analysis, growth consulting, M&A, and due diligence services to executives
and key decision-makers in a variety of industries. For further information, visit
www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056

Cell: 303.775.0751
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Issued By Brandon Fitzgerald
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Last Updated July 4, 2022