New ARC Advisory Group research on the Smart Lighting Systems market reveals that lighting networks are beginning to emerge as a possible central nervous system for buildings’ IoT deployments. Lighting control systems have evolved in recent years to reflect the changing lighting needs of modern buildings, plants, infrastructure, and entertainment venues. Today’s advanced lighting control systems can not only reduce energy costs, but also increase control, employee comfort, and productivity.
“The smart lighting systems market is one of the hottest and most dynamic markets today for many reasons, including the LED revolution and associated energy costs/carbon footprint savings, the low cost and fast payback period, IoT for smart buildings, edge computing, advances in wireless technology including mesh networks and gateways, megatrends such as cloud and Big Data/analytics, and the omnipresence of lights in all built environments,” according to Alex Chatha, Director of Smart Buildings & Cities at ARC Advisory Group and key author of ARC’s Smart Lighting Systems Global Market Research report.
“Lighting control networks are developing into the future conduits for IoT data flow in smart buildings.” added Chatha.
About the Smart Lighting Systems Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year forecasts for the Smart Lighting Systems market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by region, revenue category, hardware, software, services, facilities, sales channels, customers, project type, project scope, and LED controls.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:
- Market Intelligence Workbook (Excel) - personalized spreadsheet includes two years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.