Smart Light and Control Market Segmentation, Application, Trends, Opportunity & Forecast 2015 to 202
The Global Smart Light and Control Market are expected to grow at a CAGR of high and is expected to have a global market share of high. There are many market growth factors for Global Smart Light and Control Market, some of the market growth influencers are, Continuously Declining Average Selling Price (Asp) Of Led Bulbs, Influx of Smart Apps, Internet of Things and Remote Access & Control by Software Providers, smart light and control market also address the current issue of global energy crisis.
A smartwatch is a portable device which is to be worn on the wrist for various applications. Smart Light and Control Market are just like a traditional watch but is integrated with latest technologies and sensors. But unlike traditional watches, Smart Light and Control Market have capabilities of smartphones such touchscreens, support apps, and often record heart rate of humans and other vital signs such as calories and blood pressure. Smart Light and Control Market have various connectivity technologies inbuild and in order to exchange information, it establishes connection with a smartphone in order to work to its full potential. the popular technologies by which Smart Light and Control Market gets connected with smartphones are Bluetooth, wi-fi and some devices also allow quick and easy setup using NFC. Once the smart watch is connected with smartphone, user can choose the functionality of smart band such as notification like messages, emails, calls and other. Some Smart Light and Control Market also allow users to control the functionality of their smartphones such as making calls, reading messages and controlling the music of the smartphone. Users can also capture photos remotely through their Smart Light and Control Market.
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Key findings:
- North America was the second largest market for Global Smart Light and Control Market in 2014, after APAC, with a market share of high in 2014.
- Middle East is one of the most promising regions for the Global Smart Light and Control Market, thanks to the growing infrastructural development in the countries there. Middle East generated revenue of high billion in 2014 and is expected to grow over high billion by 2020 at an estimated CAGR of high from 2015 to 2027.
Market Segments:
For the Better understanding of this report the Global Smart Light and Control Market has been segmented on the basis of types Fluorescent Lamps, Compact Fluorescent Light (CFL), Light Emitting Diodes (LED), High Intensity, Discharge Lamps (HID) Others. On the basis of Components LED Drivers & Ballasts, Sensors, Dimmers & Switches, Microprocessor & Controllers, Wireless Receivers & Transmitters and Others. Segmentation by connective technology Wired Connectivity Technology, Wireless Connectivity Technologies. Segmentation by application Residential, Commercial and Other
Key Market Players
- Acuity Brands,
- Ams Ag,
- Bytelight, Commscope, Inc.,
- Daintree Networks,
- Eaton’s Cooper Lighting,
- Enlighted, Inc,
- Lutron,
- Nxp Semiconductors,
- Tvilight.
Regional Analysis:
The Global Smart Light and Control Market in North America is primarily driven by the fact that all the major Lighting industries either operate through this region or have subsidiaries in North America. The North American market is expected to grow at a CAGR of high and is expected to have a market share of high. The European market is expected to be the second largest market globally and is expected to have a market share of high and will grow at a healthy CAGR of high.