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Global Smart Lighting

A report entitled "Global Smart Lighting Market 2016-2020" was recently released by Technavio. A smart lighting system comprises four components: lighting source (LED or traditional lighting technologies such as LFL and CFL), sensing element, wireless connection enabling ICs (ICs for connecting the bulb to Wi-Fi, ZigBee, or Bluetooth), and an application software.

The global smart lighting market to grow at a CAGR of 19.06% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global smart lighting market for 2016-2020. The market size is calculated on the basis of revenue generated from the sales of new and replacement lamps in the smart lighting segment only.

The market is divided into the following segments based on geography: 

- Americas
- APAC
- EMEA

Technavio's report, Global Smart Lighting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
- Acuity Brands
- General Electric
- Honeywell
- OSRAM
- Schneider Electric

Other prominent vendors 
- Advanced Lighting Technology
- Bridgelux 
- Cree
- Dialight
- Eaton
- Emerson Electric 
- Everlight Electronics
- MLS Electronics
- Toyoda Gosei

Market driver 
- Rising demand for LEDs

Labels: Global Smart Lighting,LED,LFL,CFL,Zigbee,WiFi,Bluetooth,illumination

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