Driven by LED Lamps, Global Smart Lighting Market to Log 15.90% CAGR from 2014 to 2020
The global smart lighting market is fueled by the development of sensor and wireless technology, growing demand for energy-efficient lighting systems, and the replacement of incandescent lamps with LEDs, states Transparency Market Research in its latest report. The market study, titled "Smart Lighting Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020", finds that that market is expanding at an impressive CAGR of 15.90% from 2014 to 2020, rising from a value of US$21 bn...
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