Indoor Lighting Management Market Scope
The indoor lighting management market
refers to the technology and systems used to control and manage the lighting in
indoor spaces, such as offices, homes, and commercial buildings. This includes
automated lighting controls, sensors, and software applications that allow for
remote management and energy efficiency. The market is driven by the increasing
demand for smart buildings and sustainable energy solutions.
The indoor lighting management market is expected to grow at
approximately USD 17 billion by 2023. It can display a 19% CAGR between 2017
and 2023 (forecast period).
The market is driven by dipping
prices of LED lights, focus on renewable energy, changing lifestyles of people,
and high disposable income levels. The long shelf life of LEDs, high
reliability and energy-efficiency, and high brightness levels are features
which can attract people towards indoor lighting. Development of smart homes
coupled with support from connected ecosystem solutions pushed by vendors can
drive the market demand.
Advances in interior designs, leaps
in the construction sector, and energy saving policies are other major drivers
of the market. Creation of flexible workspaces, use of energy intelligence, and
use of sensors for creating ambience will aim to improve the experience of
employees working in complexes.
Get
free sample report @ https://www.marketresearchfuture.com/sample_request/3852
Indoor lighting involves the various
types of lights used in illuminating the interiors of houses and large
complexes. The effect on the ambience and environment of buildings and people can
induce its demand greatly. The global indoor lighting market report considers
the various drivers, challenges, opportunities, and trends for the forecast
period while keeping in mind the outbreak of the COVID-19 pandemic.
Indoor Lighting Management Market Segmentation
The global indoor lights management
market can be segmented on the basis of product, type, space type, and
application.
By product, it is segmented into wall
mounted, surface mounted, downlights, recessed, suspended, free standing,
projectors, multiple lighting systems, and others.
By types the indoor lighting
management consists of task lighting, ambient lighting, and accent lighting.
Accent lighting enables users by automatically adjusting to the day and night
light source. It enhance users interior space by extending the usable space of
their property during the darker hours and help set the mood of the property
they want, and offers users with certain choice features. On the other hand,
the ambient lighting segment is likely to drive the market growth due to
efforts of energy conservation by governments and accelerated moves to lower
carbon emissions.
By space type, it is segmented into
commercial, industrial, residential, and office.
By application, it is segmented into
commercial lights, kitchen lights, bathroom lights, picture lights, ceiling
lights, wall lights, floor lamps, table lamps, and others.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/indoor-lighting-management-market-3852
Indoor Lighting Management MarketRegional
Analysis
The regional analysis of indoor
lighting management market is being studied for region such as Asia Pacific
(APAC), North America, Europe, and Rest-of-the-World (RoW). North America is
one of the leading regions in the indoor lighting management market owing to
high disposable income of people and demand for ambient lighting is boosting
the market in the region.
Rapid infrastructural activities
across different industries have driven the market of indoor lighting
management market in the APAC. This growth is mainly attributed to the rising
demand for ambient lighting paired with stringent energy efficiency regulation.
The huge need for recessed lights in offices, retail showrooms, and residential
buildings as well as programs such as the National Program for LED-based Home
and Street Lighting for driving sales of LEDs can drive the market demand
exponentially.
Competitive Outlook
Koninklijke Philips N.V., General
Electric, Osram Sylvania, Havells Sylvania, Crompton Greaves, Osram Licht AG,
Thorn Lighting, Shenzhen MR LED, Gstar Technology Co. Ltd., and Ushio Lighting
Technologies are key players of the global indoor lighting management market.
No comments:
Post a Comment