Lighting Control System Market Report: Global Forecast to 2023

LED Report

 

July 5, 2017

High requirement of energy-efficient lighting control systems, increasing adoption of Internet of Things (IoT) in lighting industry, acceptance of standard protocols for lighting control, and modernization and infrastructure development are the major drivers for the lighting control system.

According to the global experts, the lighting control system market, is expected to grow from USD 12.22 Billion in 2016 to USD 38.67 Billion by 2023, at a CAGR of 17.82% between 2017 and 2023. 

This latest analysis covered the topic, “Lighting Control System Market by Installation Type (New Installation and Retrofit), Offering (Hardware, Software, and Lighting as a Service), Application (Indoor and Outdoor), Communication Protocol, and Geography – Global Forecast to 2023” 

The lighting control system market based on offering is dominated by hardware components. The hardware components in lighting products are LED drivers and ballasts, sensors, switches, dimmers, relay units, and gateways. LED drivers and ballasts components held a major share of the market for hardware components.

The lighting control system market for the wireless communication protocol is expected to grow at a high rate between 2017 and 2023. ZigBee is expected to dominate the wireless communication protocol market for lighting control systems during the forecast period.

Increasing focus on enhancing connectivity by building roads and road lights, especially in the developing countries of the APAC region, would spur the growth of the outdoor lighting control system market. 

For more details, click here: http://bit.ly/2tNoPGI

Related Articles

Changing Scene

Design

  • Axis Lighting: Coldstream Municipal Office Project

    Axis Lighting: Coldstream Municipal Office Project

    As part of a comprehensive renovation of the Coldstream Municipal Office, Axis Lighting provided custom lighting solutions that combine performance and architectural refinement. The installation features Sculpt Patterns and Sculpt Recessed luminaires, enhancing both visual comfort and spatial definition throughout key gathering and circulation areas. Designed to support modern municipal workspaces and public engagement areas, the lighting… Read More…

  • RENO Lighting: Toronto Metropolitan University – Multi-Phase LED Lighting Retrofit Project

    RENO Lighting: Toronto Metropolitan University – Multi-Phase LED Lighting Retrofit Project

    A look at what’s underway at Toronto Metropolitan University. RENO Lighting has recently completed the first phase of a multi-phase lighting retrofit project at TMU—an important step in modernizing learning environments with their energy-efficient Prime AIM 2×2 back-lit panels. This is just the beginning. With additional floors scheduled for the new year, the project will… Read More…

New Products

  • Magic Lite: New Commercial Bollards

    Magic Lite: New Commercial Bollards

    Bollard lights have become a cornerstone in outdoor lighting, offering a unique combination of durability and high efficiency. Designed to thrive in outdoor environments, these lights excel at illuminating landscape areas while minimizing glare. Their practical yet aesthetically pleasing design makes them a perfect choice for illuminating pathways, gardens, driveways, and other outdoor spaces. Magic… Read More…

  • Liteline: LUNA PRO 3.5″ Trimless Multiples – The Same Clean Look, Now Multiplied

    Liteline: LUNA PRO 3.5″ Trimless Multiples – The Same Clean Look, Now Multiplied

    Liteline introduces their new LUNA PRO 3.5″ Trimless Multiples, available in round or square, with 1-light, 2-light, and 3-light configurations that deliver the same performance and aesthetic you’ve come to love from LUNA PRO 3.5″. Designed to provide a clean, modern architectural look, these trimless multiples blend seamlessly into the ceiling while providing greater light coverage… Read More…