With
the growing urbanization and significant development in the infrastructure the
market of smart lighting has grown in the recent trend more positively. Light
embraces the lives in several methods involves the productivity, sleep cycles,
emotions, decision making, health, moods, and concentration. Moreover, with the
effective acceptance of the smart lighting and IoT, lighting features such as
intensity, timing and color can automatically adjust to meet the requirement of
the occupants. Not only has this, the smart lighting has been a development in
lighting industry, that creates usage of the control system which perceptively
control light, grounded on the parameters such as temperature, occupancy and
several others. Furthermore, many of the players in the smart lighting market
in North America are analyzing the profitable aspects for increasing the market
trend and growth opportunities which further make the market more competitive
and benefitted for leading the fastest market growth while obtaining the highest
market share in the North America during the short span of time.
According
to the report analysis, ‘North
America Smart Lighting Market Industry Trends Forecast to 2026’ states
that there are several key players which are presently functioning in this
sector more actively for leading the highest market growth and obtaining the
handsome amount of share during the short duration and more positively in the
North America while replacing the traditional lighting systems with the
efficient and advance lighting control systems and increasing the applications
of the smart lighting in the sector such as government buildings, automobiles,
industrial and several others includes Philips Lighting Holding B.V., Acuity
Brands Lighting, Inc., Hafele, Honeywell International Inc., Cree, Inc.,
Digital Lumens, Inc., OSRAM GmbH., Lutron Electronics Co., Inc, Legrand SA,
Seiko Epson Corporation, Encelium technologies, Virtual Extension, Zumtobel
Group AG, Wipro Consumer Care & Lighting, Schneider Electric SE, Eaton,
Leviton Manufacturing Co., Inc., Syska LED, Beam Labs B.V., and several others.
The
North America smart lighting market is anticipated to reach a CAGR of 23.1% in
the forecast period of 2019 to 2026. Moreover, the market of smart lighting is
sectored into different sector across the North America which majorly involves
installation type, software, communication technology, region, application
type, services and offering. Whereas, the sector of installation type includes
Retrofit Installation and New Installation however, the retrofit installation
segment is predicted to account the North America smart lighting market owing
to its low installation cost as associated to new fixtures.
Additionally,
the amalgamation of wireless technology in smart lightings would support the
market for residential indoor application to grow at a high rate. The usage of
lightings based on wireless technology decreased or abolished the wire usage,
thereby diminishing the requirement for the installation and fortification of
cables. Hence, the wireless smart lighting systems have expressively low cost.
Furthermore, maximum utilization and decreased price of LED, growing ultimatum
for the technology based smart lighting systems, decrease in the cost of
installation with the innovation of new technologies and several others are the
some major growth factor for propelling the market growth. Therefore, during
the forecasted period, the market of smart lighting will increase in North
America more significantly over the recent few years.
To
know more, click on the link below:-
Related
Reports:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/smart-lighting-trends/176870-105.html
https://www.kenresearch.com/technology-and-telecom/it-and-ites/smart-lighting-market/176871-105.html
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