Intelligent Lighting Controls Market Report: Trends, Forecast and Competitive Analysis to 2030

Intelligent Lighting Controls Market Report: Trends, Forecast and Competitive Analysis to 2030

Intelligent Lighting Controls Trends and Forecast

The future of the global intelligent lighting controls market looks promising with opportunities in the smart cities, automotive, manufacturing, and media & entertainment markets. The global intelligent lighting controls market is expected to reach an estimated $34.8 billion by 2030 with a CAGR of 17.0% from 2024 to 2030. The major drivers for this market are growing adoption of cost-effective and energy-efficient lighting solutions and an increase in government programs and the emergence of smart city initiatives in developing nations.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Intelligent Lighting Controls by Segment

The study includes a forecast for the global intelligent lighting controls by type, connectivity type , application, and region.

Intelligent Lighting Controls Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Sensors
• Ballasts & Led Drivers
• Microcontrollers
• Dimmers & Switch Actuators
• Transmitters & Receivers
• Others

Intelligent Lighting Controls Market by Connectivity Type [Shipment Analysis by Value from 2018 to 2030]:

• Wired
• Wireless

Intelligent Lighting Controls Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Smart Cities
• Automotive
• Manufacturing
• Media & Entertainment
• Others

Intelligent Lighting Controls Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Intelligent Lighting Controls Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies intelligent lighting controls companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the intelligent lighting controls companies profiled in this report include-

• Acuity Brands
• Osram
• Control4 Corporation
• Enlighted,General Electric
• Honeywell
• Hubbell
• Leviton Manufacturing
• Lutron Electronics
• Panasonic
• Schneider Electric

Intelligent Lighting Controls Market Insights

Lucintel forecasts that ballasts and LED is expected to witness highest growth over the forecast period due to its features such as compatibility, retrofitting, efficiency,and energy savings.

North America is expected to witness highest growth over the forecast perioddue to various energy efficiency regulations and smart city initiatives.

Features of the Global Intelligent Lighting Controls Market

Market Size Estimates: Intelligent lighting controls market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Intelligent lighting controls market size by type, connectivity type , application, and region in terms of value ($B).

Regional Analysis: Intelligent lighting controls market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, connectivity type , application, and regions for the intelligent lighting controls market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the intelligent lighting controls market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the intelligent lighting controls market size?

Answer: The global intelligent lighting controls market is expected to reach an estimated $34.8 billion by 2030.

Q.2 What is the growth forecast for intelligent lighting controls market?

Answer: The global intelligent lighting controls market is expected to grow with a CAGR of 17.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the intelligent lighting controls market?

Answer: The major drivers for this market are growing adoption of cost-effective and energy-efficient lighting solutions and an increase in government programs and the emergence of smart city initiatives in developing nations.

Q4. What are the major segments for intelligent lighting controls market?

Answer: Lucintel forecasts that ballasts and LED is expected to witness highest growth over the forecast period due to its features such as compatibility, retrofitting, efficiency,and energy savings.

Q5. Who are the key intelligent lighting controls market companies?

Answer: Some of the key intelligent lighting controls companies are as follows:

• Acuity Brands
• Osram
• Control4 Corporation
• Enlighted,General Electric
• Honeywell
• Hubbell
• Leviton Manufacturing
• Lutron Electronics
• Panasonic
• Schneider Electric

Q6. Which intelligent lighting controls market segment will be the largest in future?

Answer: Lucintel forecasts that ballasts and LED is expected to witness highest growth over the forecast period due to its features such as compatibility, retrofitting, efficiency,and energy savings.

Q7. In intelligent lighting controls market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast perioddue to various energy efficiency regulations and smart city initiatives.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the intelligent lighting controls market by type (sensors, ballasts & LED drivers, microcontrollers, dimmers & switch actuators, transmitters & receivers, and others), connectivity type (wired and wireless), application (smart cities, automotive, manufacturing, media & entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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