Albany, NY -- (SBWIRE) -- 10/17/2018 -- The demand within the global market for smart light and control has been rising on account of a shift in the outlook of industrial and commercial units towards energy consumption. International energy agencies have been investing their time and money towards the development of smart energy frameworks, and this trend is expected to elevate demand within the global market for smart lighting and control. Smart lighting and control, in essence, refers to lighting systems that use energy-efficient technologies such as LED in order to reduce the electricity bill. Furthermore, these lighting systems are regulated, monitored, and controlled by Artificial Intelligence (AI) and deep learning technologies. A number of new products including smart bulbs, smart tubes, and smart lamps have been introduced by the smart lighting industry over the past decade. This trend can be attributed to the impelling demand within the global smart lighting and control market in recent times.

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A report added by Market Research Reports (MRR) unshackles several business opportunities and possibilities that dwell within the global market for smart lighting and control. The report has been prepared after conducting a deft rundown of the key trends, opportunities, and restraints floating in the global smart lighting and control market. The title of the report is "Global Smart Light and Control Market Insights, Forecast to 2025".

It is evident that the industrial sector has become a handsome consumer of the global market for smart light and control systems in recent times. Moreover, the relevance of smart lighting has also extended to several public sector domains such as healthcare, banking, and governance. The firms and entities within these sectors consume tonnes of energy for lighting each day, and hence, deploying smart light and control systems in these sectors shall result in large-scale energy conservation. Owing to the aforementioned factors, the global market for smart light and control is foreseen to witness an inflow of tremendous revenues over the coming years. Furthermore, smart light and control systems can detect the presence of humans around an area to automatically switch the lights on and off. This is another key consideration that has brought smart light and control products under the spotlight of attention.

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On the basis of geography, the demand within the market for smart light and control in Europe has been rising at a sturdy pace. This regional growth can be attributed to the proclivity of regional governments towards facilitating smooth installation and maintenance of smart energy systems. The propagation of renewable energy doctrines and modules across India and China is expected to impel demand in the Asia Pacific market.

Some of the key players in the global market for smart light and control are Eatons Cooper Lighting, Nxp Semiconductors, Commscope, and Daintree Networks.

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