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

  • SLS Group Industries Announces 3 New Ownership Roles

    SLS Group Industries Announces 3 New Ownership Roles

    In a bold move that underscores the power of experience and dedication, three long-term employees: Ryan Cattermole, Nitin Naidu and Douglas McDonald, have ascended to ownership roles at SLS Group Industries Inc., a major lighting sales agency operating in British Columbia, Canada. Ryan Cattermole, a Red Seal certified professional, joined SLS in June 2017, bringing… Read More…

  • Leviton| Viscor Announces Julian Verrall as New Director of Engineering & Product Management

    Leviton|Viscor Announces Julian Verrall as New Director of Engineering & Product Management

    Leviton|Viscor is pleased to announce the appointment of Julian Verrall as their new Director of Engineering and Product Management, effective immediately. With over 13 years of experience in engineering and product management, Julian has successfully led design and new product development initiatives, demonstrating strong leadership and technical expertise. His extensive knowledge and strategic vision will… Read More…

Design

  • LEDVANCE: Modern High Ceiling Lighting Ideas 

    LEDVANCE: Modern High Ceiling Lighting Ideas 

    High ceilings, distinctive in contemporary architecture, create a sense of spaciousness and timeless ambiance. However, lighting these elevated spaces presents unique challenges. Whether you need a cozy light for your bedroom or a practical solution for your kitchen, Ledvance can provide inspiration and guidance to effectively illuminate your high-ceilinged space.​ High ceilings pose intricate lighting… Read More…

  • Magic Lite: How 5CCT Ultra-Thin Recessed Ceiling Lights Deliver Maximum ROI

    Magic Lite: How 5CCT Ultra-Thin Recessed Ceiling Lights Deliver Maximum ROI

    Lighting is one of the most important aspects of any commercial or residential project, yet it is often overlooked when calculating long-term return on investment (ROI). 5CCT ultra-thin recessed ceiling lights have emerged as a game-changer, offering superior efficiency, lower installation costs, and long-term financial savings for contractors, architects, and real estate developers. Unlike traditional recessed fixtures,… Read More…

New Products

  • Zilux: Model F – Digitally Printed Aluminum Luminaire

    Zilux: Model F – Digitally Printed Aluminum Luminaire

    The Model F is a digitally printed aluminum luminaire with wireless universal 24 volts quick-connect twist-lock connector to the pole. Optics integrate 4 sealed IP67 LED modules each rated at 20 watts max. Modules incorporate a heat sink and an impact-resistant lens. Aluminum tapered pole assembly chemically bonded together. Totally prewired at 24 VDC and… Read More…

  • Intermatic: RC-LRS1-WH Long-Range Wireless Switch

    Intermatic: RC-LRS1-WH Long-Range Wireless Switch

    The RC-LRS1-WH – Long-Range Wireless Switch is designed for use with Intermatic pool and spa panels, Intermatic weatherproof covers, and similar weather-rated NEMA 3R enclosures. Featuring 915 MHz spread spectrum wireless technology, the switch communicates with the companion remote control fob (sold separately) at distances up to 400 feet through metal panels, with no external… Read More…