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

IESNA Scholarship

IESNA Establishes Young Professionals Scholarship Fund

The Illuminating Engineering Society of North America is investing in tomorrow’s leaders through a new Young Professionals Scholarship Fund. The fund supports the attendance of students and emerging professionals at IES annual conferences.For the 2015 Annual Conference (November 8-10, 2015, Indianapolis, IN) applications must be received by no later than September 9, 2015.

 

Powder Coating

AkzoNobel’s New Powder Coating Raises Lighting Output by 30%

AkzoNobel has launched an ultra-reflective powder coating that can increase the effective output of commercial lighting fixtures by up to 30%.Developed by the company’s Powder Coatings business, InterponReFlex delivers outstanding levels of light reflectance.Because the product is solvent-free (like all powder coatings), it also has a lower environmental impact than competing materials used in the lighting market.

 

TALQ Certification Process has Improved Security
|

TALQ Certification Process has Improved Security

November 2, 2023 The TALQ Consortium, which developed the Smart City Protocol, a global interface standard for smart city applications, recently added more security to its certification procedures. For several years, a rigorous certification process has enabled TALQ-compliant products to be interoperable with one another. Only official listing on the consortium’s website proves that the…

Changing Scene

  • ERALUX Joins Forces With Electra Sales

    Eralux is thrilled to announce its new partnership with Electra Sales, a renowned sales and distribution powerhouse. This collaboration is set to enhance product accessibility and deliver exceptional value to customers in more regions than ever before. The partnership unites Eralux’s commitment to innovation and affordability with Electra Sales’ extensive industry expertise and proven market… Read More…

  • Salex Expands to Ottawa: Lighting Up the Nation’s Capital

    As the New Year begins, Salex is thrilled to announce an exciting milestone: Salex is now operating in Ottawa. This expansion marks the next chapter in Salex’s journey of delivering innovative lighting solutions and exceptional service to the design and architectural communities. Salex is honoured to bring their expertise to the vibrant and growing Ottawa market. Read More…

Design

  • Project Story: Sainte-Thérèse High School Outdoor Lighting Upgrade

    Project Story: Sainte-Thérèse High School Outdoor Lighting Upgrade

    August 6, 2024 Built in 1980, the building that houses Sainte-Thérèse high school, in Quebec Canada, was looking a little worse for the wear. Renovation work began with two major projects: introducing a multidisciplinary sports centre, as well as redesigning the parking lots.  The employee and visitor parking lots were completely reconfigured during phase 1… Read More…

  • Resilience Illuminated: Reviving Westminster Pier Park After Devastating Fire

    Resilience Illuminated: Reviving Westminster Pier Park After Devastating Fire

    In September 2020, the picturesque city of New Westminster near Vancouver in British Columbia suffered a devastating setback when an intentionally set fire destroyed much of the city’s waterfront park, including its urban beach, sand volleyball courts, and iconic art installation known as Wow Westminster. The fire, which burned for ten days before firefighters could… Read More…

New Products

  • Eureka Introduces Cirra Luminaire

    Eureka Introduces Cirra Luminaire

    January 21, 2025 Minimalist, Thermoformed Family Offers Powerful Yet Low-Glare Illumination On January 9, 2025, Eureka announced the release of its Cirra luminaire. The scalable family features a sleek design and sound-absorbing material for a variety of spaces. Cirra luminaire is square, with soft, rounded edges, creating a unique shape that adds a welcoming feel… Read More…

  • Rebelle Lighting: New RTX4 4301 Mini Wall Mount

    Rebelle Lighting: New RTX4 4301 Mini Wall Mount

    The RTx4 family offers multiple wall mounted luminaires to address entry and area lighting around a building perimeter along with a coordinating bollard. The RTx4 4301 can be used over doorways and beside entrances, it is ADA compliant and exudes a soft glow for optimal visual comfort. This luminaire is available in an LED source… Read More…