Description
Smart lighting continues to propel the lighting industry with increasing revenue at a global level. The integration of physical security industry with smart lighting, changing paradigm of lighting industry to electronics industry and adding voice control feature to the upcoming products led to the global emergence of smart lighting market. The global Smart Lighting market is estimated to witness a growth at a CAGR of 12.7% over the period 2016 to 2022. This growth is expected due to increasing smart homes market along with customization benefits and continuously decreasing Average Selling Price (ASP) of LED bulbs.
The U.S. generated the maximum amount of revenue in the year 2015 in the global smart lighting industry among all the countries; whereas, The U.K. has the maximum potential to grow in the forecast period. If the industry has the prospects of growing with the same pace, it will cross $78 billion in total market value by the end of forecast period 2022.
The industry analysis section has examined the impact of the five major forces and value chain analysis to understand the overall attractiveness of the industry. The most often used strategy for developing a better hold on to the market has been through product launches, followed by partnerships, joint ventures, and collaborations. Moreover, the company profile section includes highlights of significant information about the key companies involved along with their financial positions, key strategies, and developmental activities of recent years. Some of the key players involved in this market are Acuity Brands Inc., ams AG, General Electric Company, Honeywell International Inc., Koninklijke Philips N.V., Leviton Manufacturing Co. Inc., Lutron Electronics Co. Inc., NXP Semiconductors NV, OSRAM Licht AG, and Zumtobel Group AG.
The report is a compilation of different segments of Global Smart Lighting Market including market breakdown by component, technology, and application. It further takes in Porter?s five forces analysis and market dynamics. The report also discusses in detail about the key participants involved in the industry.
The report answers the following questions about the Global Smart Lighting Market:
? What are the prevailing components, and technologies used in smart lighting?
? What are the different application areas of smart lighting?
? What are the different factors driving the market in the forecast period?
? What are the factors restraining the growth of Global Smart Lighting Market?
? Who are the different participants in the Global Smart Lighting Market?
? What kind of new strategies are being adopted by existing market players to make a mark in the industry?
? Which region will lead the Global Smart Lighting Market by the end of forecast period?
Table of contents
Executive Summary
1 Report Scope
1.1 Market Definition
1.2 Report Coverage
1.2.1 Market Classification
1.2.1.1 Market Segmentation by Geography
1.3 Assumptions and Limitations
1.4 Stakeholders
2 BIS Research Methodology
2.1 Research Parameters
2.2 Research Design
2.2.1 Primary Research
2.2.2 Secondary Research
2.2.3 Data Triangulation
2.2.4 Data Analysing & Market Estimation
2.2.4.1 Top-down Approach
2.2.4.2 Bottom-up Approach
3 Industry Analysis
3.1 Supply Chain Analysis
3.2 Lighting and LED trends
3.2.1 Cloud-Based Lighting Controls
3.2.2 Light Fidelity (LiFi) Becoming a Brighter Way to Communicate
3.2.3 OLED Panel Shipments on the Rise
3.2.4 LED Filament Bulbs Combining Incandescent Bulb Beauty with LED Lamp Benefits
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.2.1 Prevailing Issue of Global Energy Crisis Supporting the Adoption of Smart Lighting
4.2.2 Increasing Trend of Smart Homes Along with Customization Benefits Supports Smart Lighting Market
4.2.3 Increasing Support of Government for Use of Smart Lighting in Street Lights
4.2.4 Continuously Declining Average Selling Price (ASP) of LED Bulbs
4.3 Opportunities in the Market
4.3.1 The Integration of Physical Security Industry with Smart Lighting
4.3.2 Changing Paradigm of Lighting Industry to Electronics Industry
4.3.3 Adding Voice Control Feature to the Upcoming Products
4.4 Market Restraints
4.4.1 Designing Challenges While Using LED
4.4.2 Consumers have to Bear High Replacement Costs from Existing Solutions to Smart Lighting
4.4.3 Lack of Standards and the Associated Interoperability Issues
5 Competitive Insights
5.1 Key Market Developments & Strategies (2014-2016)
5.1.1 New Product Launches, Developments and Expansions
5.1.2 Partnerships, Joint Ventures, Collaborations and Contracts
5.1.3 Business Expansions and Certifications
5.1.4 Mergers & Acquisitions
5.1.5 Others
5.2 Porter?s Five Forces Analysis
5.2.1 Threat from New Entrants
5.2.2 Bargaining Power of Buyers
5.2.3 Bargaining Power of Suppliers
5.2.4 Threat from Substitutes
5.2.5 Intensity of Competitive Rivalry
5.3 Leading Players Analysis
5.4 R&D Analysis of Leading Players in Smart Lighting Market
6 Global Smart Lighting Market Size & Forecast
6.1 Introduction
6.2 Global Smart Lighting Market Breakdown by Component
6.2.1 Global Fixture Market Breakdown by Products
6.2.2 Global Control Market Breakdown by Product
6.3 Global Smart Lighting Market Breakdown by Application
6.3.1 Residential Application
6.3.2 Commercial Application
6.3.3 Outdoor Application
6.3.4 Automotive Lighting
6.4 Global Smart Lighting Market Breakdown by Region
7 Global Smart Lighting Market Breakdown by Component
7.1 Fixtures
7.1.1 Fluorescent Lamps (FL)
7.1.1.1 Introduction
7.1.1.2 Fluorescent Lamps Market by Application
7.1.1.3 Fluorescent Lamp Market by Region
7.1.2 Compact Fluorescent Lamps (CFL)
7.1.2.1 Introduction
7.1.2.2 Compact Fluorescent Lamp Market by Application
7.1.2.3 Compact Fluorescent Lamp Market by Region
7.1.3 Light Emitting Diode (LED)
7.1.3.1 Introduction
7.1.3.2 LED Market by Application
7.1.3.3 LED Market by Region
7.1.4 Organic Light Emitting Diode (OLED)
7.1.4.1 Introduction
7.1.4.2 OLED Market by Application
7.1.4.3 OLED Market by Region 108
7.1.5 High Intensity Discharge Lamps (HID)
7.1.5.1 Introduction
7.1.5.2 HID Market by Application
7.1.5.3 HID Market by Region
7.1.6 Plasma Lamps
7.1.6.1 Introduction
7.1.6.2 Plasma Lamps Market by Application
7.1.6.3 Plasma lamps Market by Region
7.2 Controls
7.2.1 Controls Market by Application
7.2.2 Controls Market by Region
7.2.3 Sensors
7.2.3.1 Introduction
7.2.4 Microprocessors & controllers
7.2.4.1 Introduction
7.2.5 Dimmers & Switches
7.2.5.1 Introduction
7.2.6 Wireless Transmitters & Receivers
7.2.6.1 Introduction
8 Global Smart Lighting Market Breakdown by Technology
8.1 Introduction
8.1.1 Wired Technology
8.1.1.1 Building Automation & Control Network (BACnet)
8.1.1.2 Digital Addressable Lighting Interface (DALI)
8.1.1.3 Power Line Communication (PLC)
8.1.1.4 Proprietary Control
8.1.1.5 Others
8.1.2 Wireless Technology
8.1.2.1 EnOcean
8.1.2.2 ZigBee
9 Global Smart Lighting Market Breakdown by Region
9.1 Introduction
9.2 North America Market by Country
9.3 Asia Pacific Market by Country
9.4 Europe Market by Country
9.5 Rest of the World Market by Country
10 Company Profiles
10.1 Introduction
10.2 OSRAM Licht AG
10.2.1 Company Overview
10.2.2 Financials
10.2.2.1 Overall Financials
10.2.2.2 Geographic Revenue Mix
10.2.2.3 Business Segment Revenue Mix
10.2.2.4 Financial Summary
10.2.3 Key Strategies & Developments
10.2.4 SWOT Analysis
10.3 Acuity Brands Inc.
10.3.1 Company Overview
10.3.2 Financials
10.3.2.1 Overall Financials
10.3.2.2 Geographic Revenue Mix
10.3.2.3 Financial Summary
10.3.3 Key Strategies & Developments
10.3.4 SWOT Analysis
10.4 Lutron Electronics Co. Inc
10.4.1 Company Overview
10.4.2 Key Strategies & Developments
10.5 Koninklijke Philips N.V.
10.5.1 Company Overview
10.5.2 Financials
10.5.2.1 Overall Financials
10.5.2.2 Geographic Revenue Mix
10.5.2.3 Business Segment Revenue Mix
10.5.2.4 Financial Summary
10.5.3 Key Strategies & Developments
10.5.4 SWOT Analysis
10.6 Leviton Manufacturing Co. Inc.
10.6.1 Company Overview
10.6.2 Key Strategies & Developments
10.7 Control4
10.7.1 Company Overview
10.7.2 Financials
10.7.2.1 Overall Financials
10.7.2.2 Geographic Revenue Mix
10.7.2.3 Financial Summary
10.7.3 Key Strategies & Developments
10.7.4 SWOT Analysis
10.8 ams AG
10.8.1 Company Overview
10.8.2 Financials
10.8.2.1 Overall Financials
10.8.2.2 Geographic Revenue Mix
10.8.2.3 Business Segment Revenue Mix
10.8.2.4 Financial Summary
10.8.3 Key Strategies & Developments
10.8.4 SWOT Analysis
10.9 Zumtobel Group AG
10.9.1 Company Overview
10.9.2 Financials
10.9.2.1 Overall Financials
10.9.2.2 Geographic Revenue Mix
10.9.2.3 Financial Summary
10.9.3 Key Strategies & Developments
10.9.4 SWOT Analysis
10.10 CommScope Holding Company Inc.
10.10.1 Company Overview
10.10.2 Financials
10.10.2.1 Overall Financials
10.10.2.2 Geographic Revenue Mix
10.10.2.3 Business Segment Revenue Mix
10.10.2.4 Financial Summary
10.10.3 SWOT Analysis
10.11 General Electric Company
10.11.1 Company Overview
10.11.2 Financials
10.11.2.1 Overall Financials
10.11.2.2 Geographic Revenue Mix
10.11.2.3 Business Segment Revenue Mix
10.11.2.4 Financial Summary
10.11.3 Key Strategies & Developments
10.11.4 SWOT Analysis
10.12 NXP Semiconductors N.V.
10.12.1 Company Overview
10.12.2 Financials
10.12.2.1 Overall Financials
10.12.2.2 Geographic Revenue Mix
10.12.2.3 Business Segment Revenue Mix
10.12.2.4 Financial Summary
10.12.3 Key Strategies & Developments
10.12.4 SWOT Analysis
10.13 Honeywell International Inc.
10.13.1 Company Overview
10.13.2 Financials
10.13.2.1 Overall Financials
10.13.2.2 Business Segment Revenue Mix
10.13.2.3 Financial Summary
10.13.3 SWOT Analysis
10.14 Digital Lumens, Inc.
10.14.1 Company Overview
10.14.2 Key Strategies & Developments
10.15 Daintree Networks
10.15.1 Company Overview
10.15.2 Key Strategies & Developments
10.16 Legrand S.A.
10.16.1 Company Overview
10.16.2 Financials
10.16.2.1 Overall Financials
10.16.2.2 Geographic Revenue Mix
10.16.2.3 Financial Summary
10.16.3 SWOT Analysis
