Global Lighting Control System Market Growth (Status and Outlook) 2023-2029

Global Lighting Control System Market Growth (Status and Outlook) 2023-2029

Requirement of energy efficient lighting control systems and increasing adoption of Internet of Things (IoT) in lighting industry to drive the growth of the lighting control system market.

LPI (LP Information)' newest research report, the “Lighting Control System Industry Forecast” looks at past sales and reviews total world Lighting Control System sales in 2022, providing a comprehensive analysis by region and market sector of projected Lighting Control System sales for 2023 through 2029. With Lighting Control System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lighting Control System industry.

This Insight Report provides a comprehensive analysis of the global Lighting Control System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lighting Control System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lighting Control System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lighting Control System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lighting Control System.

The global Lighting Control System market size is projected to grow from US$ 14550 million in 2022 to US$ 32650 million in 2029; it is expected to grow at a CAGR of 12.2% from 2023 to 2029.

Lighting control system market in APAC expected to grow at the highest CAGR during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Lighting Control System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software
Lighting as a Service

Segmentation by application
Indoor
Outdoor

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric Company (GE) (US)
Philips Lighting (Netherlands)
Eaton (Ireland)
Legrand (France)
OSRAM Licht (Germany)
Acuity Brands (US)
CREE (US)
Lutron Electronics (US)
Leviton Manufacturing (US)
Echelon (US)
Lightwave PLC (UK)
Digital Lumens (US)

Please note: The report will take approximately 2 business days to prepare and deliver.