Global Market Analysis and Forecasts: Intelligent Lighting Controls in Commercial Buildings
In the midst of the ongoing transformation from previously dominant fluorescent lighting to more efficient and flexible LED lighting, the market for lighting controls has expanded broadly. Expansion has occurred in terms of both the variety of control systems that are available and the sheer number of systems being installed. Building energy codes largely drive the adoption of more basic lighting controls such as occupancy sensors and photosensors. Yet, those codes also create opportunities for lighting projects to upgrade to a more comprehensive control system for a modest price increase.
According to a new report from Navigant Research, revenue from global networked lighting controls is expected to grow from US$2.2 billion in 2015 to US$4.8 billion in 2024. To meet the growing demand for lighting control systems, different types of vendors have moved into the lighting controls market. Leading the innovative side of this move are pure-play start-up companies, which are largely responsible for the proliferation of creative ways to visualize lighting usage and devise new strategies to manage lighting energy consumption. Large, traditional lighting companies have begun offering a range of lighting control products, as well. Finally, the established building controls companies have also been expanding their capabilities to include lighting controls along with other buildingwide control systems.
Navigant Research’s report analyzes the worldwide market for sensors, relays, switches, ballasts, drivers, network control gear, network services, and communications technologies, with a specific focus on networked lighting controls. Global market forecasts for unit shipments and revenue, segmented by equipment type, building type, construction type, technology, and region, extend through 2024. The report details the market drivers for lighting controls technologies, including building codes, hardware costs, and consumer expectations, as well as barriers to adoption, and provides profiles of select industry players.
Key questions addressed
Here’s what you’ll learn from the report:
• what major new legislation has been enacted that will drive the adoption of lighting controls
• barriers hindering the adoption of lighting controls
• different lighting control strategies that can be implemented
• trends in innovative lighting control
• the global outlook for various lighting controls equipment in different types of commercial buildings
• which wireless communications protocols are leading the pack for lighting controls
• how developments in LED lamps and wireless controls are affecting the lighting controls market
• how various established and start-up companies are positioned for success in the lighting controls market
Find out more: https://www.navigantresearch.com/research/intelligent-lighting-controls-for-commercial-buildings.
