Global Smart Lighting Market Outlook to 2023: An $18.92 Billion Opportunity - Analysis by Type, Component, Industry and Region - ResearchAndMarkets.com

The "Global Smart Lighting market - by Type, Component, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The Global Smart Lighting Market had a value of 7.63 Billion USD in 2017 and it is estimated to grow to 18.92 Billion USD by 2023 with a CAGR of 16.34% between 2017 and 2023.

The major growth of the smart lighting market is due to the development of smart cities, increasing usage of wireless technology, and increasing awareness of energy efficiency. The new trends in the market such as growing demand for Internet of Things (IoT) technology and emergence of light fidelity (Li-Fi) technology have a direct impact on the dynamics and market of smart lighting technology.

Tier 1 vendors such as Royal Philips NV, OSRAM Licht AG, Honeywell International, Schneider Electric SE own a market share of 40% of the Global Smart Lighting Market. Asia-Pacific countries such as India, China are mainly focusing on the aspect of smart cities which also include the smart lighting technology. The Indian government has announced plans to invest in smart cities and in 2018 also allocated over 2.3 Billion USD in smart cities, so it also paves a way for smart lighting initiative.

Companies Profiled

  • Enlighted
  • IsGreen
  • Omniflow
  • NanoSys
  • Geolumen
  • Illumitex
  • Greinon
  • Thethings.io
  • Lunera
  • Comfy Light
  • Gainspan
  • and more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Smart Lighting Market Segmentation, Forecasts and Trends - by Type

6. Global Smart Lighting Market Segmentation, Forecasts and Trends - by Component

7. Global Smart Lighting Market Segmentation, Forecasts and Trends - by Industry

8. Global Smart Lighting Market Segmentation, Forecasts and Trends - by Region

9. Company Market Share Analysis

10. Company Profiles

11. Industry Structure

12. Global Smart Lighting Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/jpj56z/global_smart?w=4