Smart Commercial Lighting Market to Reach US$48 Billion by 2022

June 1, 2018

Smart commercial lighting will grow significantly in the coming years due to the increasing number of global smart cities and awareness of energy efficient lighting solutions, concludes a market study, concludes a market study conducted by Market Research Engine. The ZigBee and Wi-Fi network technologies will continue to be preferred technologies in the smart commercial lighting market.

The report highlights key insights from vendors and end users, and provides an analysis and forecast of the industry covering the following key features: connectivity technologies, lighting lamps, network components and industry applications.

“In coming years, smart commercial market is going to witness double digit growth in developing economies of Asia-Pacific, Middle East and Africa (MEA). Increase infrastructure spending and government push are few factors supporting the growth of market in these economies,” says the study.

“Globally, retail and healthcare will be the leading industry verticals which will be spending a lot in the smart commercial lighting market. Smart CFL and LED lighting lamps will slowly replace the global outdoor lighting such as street lighting and sports stadiums in coming years.”

Find out more: https://www.marketresearchengine.com/requestsample/smart-commercial-lighting-market.

Photo source: LG Electronics

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…