Global Lighting Control System market to grow at a CAGR of 12.5% over the period 2014-2019.
Deerfield Beach, FL -- (SBWIRE) -- 08/21/2015 -- Global Lighting Control System market to grow at a CAGR of 12.5 percent over the period 2014-2019. A lighting control system is an intelligent network-based lighting control technology. It can be used separately or in conjunction with other systems such as daylight and occupancy sensors, lighting timers, and building controls. Over the years, lighting controls have garnered attention as an efficient method to operate and manage lighting systems and save energy. These systems are used to maximize energy savings from lighting systems. Lighting control devices are comprised of many sensors, user interfaces, and control modules that collectively form a lighting control system.
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The latest report highlights the increased focus on energy conservation, which is expected to have a direct influence on the market during the forecast period. The report indicates that concerns about energy conservation have led to increased adoption of energy-efficient systems like advanced lighting controls.
These systems are primarily used in residential, commercial, industrial and outdoor applications, where lighting needs to be monitored and set according to necessity.
"Lighting control systems ensure energy savings and help minimize waste, which is a major factor expected to have a positive impact on overall market growth through the projected period,".
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global Lighting Control System market for the period 2015-2019. The following are the major end-users in the Global Lighting Control System market: Industrial segment, Commercial segment, Outdoor segment, and Residential segment.
Global Lighting Control System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Lighting Control System market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Additionally, market vendors are investing heavily into the R&D of lighting control systems that are energy-efficient and compatible with building controls. Some countries and various agencies like LEED, BEE and BREEAM are involved in research to develop, commercialize, and standardize these systems worldwide.