Energy Efficiency Trend Driving Wireless Smart Lighting Control Market
ALBANY, New York, ( PR Submission Site ) July 17, 2018 – Some of the key factors primed to drive the demand in the global wireless smart lighting control market are: modernization and infrastructure development, acceptance of standard protocols for lighting controls, increasing adoption of the Internet of Things (IoT) in the lighting industry, and requirement of energy-efficient lighting control and management systems. On the other hand, perception of higher cost in terms of installation, security and privacy issues, decreasing power consumption of digital dimmers, and lack of standardized regulatory framework in the energy sector are some of the restraints curtailing the market’s prosperity. Growing consumer inclination towards making their contribution for energy conservation is expected to open new opportunities in the near future.
Points of Note:-
Targeted audiences such as residential end users, commercial end users, component suppliers, product manufacturers, semiconductor component and device manufacturers, software and service providers, and original equipment manufacturers (OEMs).
The comprehensive overview of the market has been presented, showcasing where the opportunities currently stand and where they are headed.
Next is segmentations of the market, both in terms of products or application, and regionally and country-wise.
Some of the notable companies currently ahead of the curve in the global wireless smart lighting control market are Philips, GE Lighting, TVILIGHT, Lutron Electronics Co., Inc., Legrand, Virtual Extension, Osram, Murata, Venture Lighting-LeafNut, DimOnOff, Schneider Electric, Cimcon, CONTROL4, Telematics, Echelon, Belkin International, Inc., Ankuoo Electronics Inc., and Evolve Controls.
Based on product type, the market for wireless smart lighting control has been segmented into EnOcean, Z-Wave, Bluetooth, Wi-Fi, and Zigbee, whereas application-wise, the market has been bifurcated into public, commercial, and residential. Geographically, the developed countries of the U.S., France, Germany, and the U.K., are expected to sustain North America and Europe as the regions with maximum profitability, although Asia Pacific is also foreseen to churn out substantial demand towards the end of the aforementioned forecast period.
For more details, sample copy: Wireless Smart Lighting Control Market