Report on Smart Lighting Market Worth $56.05 Billion by 2020

Smart Lighting Market report categorizes the global market by Lighting Type (LED, FL, CFL, HID), Connectivity Technology (Wired, Wireless), Component (Relays, Occupancy Sensors, Actuators, Transmitters, Receivers), & Application (Commercial, Industrial, Public, Government, Residential)."

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Dallas, TX -- (SBWire) -- 12/05/2014 --According to a new market research report "Smart Lighting Market by Component (Relays, Occupancy Sensors, Actuators, Transmitters, Receivers), Lighting Type (LED, FL, CFL, HID), Connectivity Technology (Wired, Wireless), Application (Commercial, Industrial, Public, Government, Residential) & Geography - Global Forecast & Analysis to 2014-2020" published by MarketsandMarkets, the smart lighting market is expected to grow at a CAGR of 15.8% from 2014 to 2020, and to reach $56.05 billion by 2020.

Browse 80 market data tables with 55 figures spread through 265pages and in-depth TOC on "Smart Lighting Market by Component (Relays, Occupancy Sensors, Actuators, Transmitters, Receivers), Lighting Type (LED, FL, CFL, HID), Connectivity Technology (Wired, Wireless), Application (Commercial, Industrial, Public, Government, Residential) & Geography - Global Forecast & Analysis to 2014-2020"
http://www.marketsandmarkets.com/Market-Reports/smart-lighting-market-985.html
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This research report categorizes the smart lighting market, based on lighting type, lighting control components, connectivity technology and applications; it also covers the forecast revenue from 2014 to 2020. It describes the deployments of smart lighting technology in different regions. The report describes the applications mapping of the market with respect to the growth potential and adoption by the users.

The lighting types covered in this report include consists of LED lamps, Fluorescent lamps (FL), Compact Fluorescent lamps (CFL), and High Intensity Discharge lamps (HID). The report covers this market based on these lighting types across North America, South America, Europe, Asia-Pacific, and RoW.

The market has also been separated based on lighting control components used in smart lighting systems, which include relays, controllable breakers, occupancy sensors, dimming actuators, switch actuators, blind/ shutter actuators, transmitters and receivers.

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Asia-Pacific (APAC) region is expected to face an increasing demand in the upcoming years for the smart lighting industry. At present, APAC consumes 30% of the total energy consumption of world and is expected to consume more than 50% in the near future. The large-scale urban development across the region is responsible for large amount of energy consumption. The developing rate of mega cities is highest in Asia and the region is in need of energy efficiency techniques.

Acuity Brands Inc. (U.S.) is one of the leading providers of lighting control devices, components, services in multiple industrial sectors like commercial, industrial, residential as well as institutional infrastructures. The lighting, day-lighting and controls and indoor lighting, outdoor lighting technologies manufactured by Acuity Brands, Inc. are designed in accordance with the environment and applications. The company brand names like: Lighting Control and Design, ROAM, Sensor Switch, and Synergy are offered in the U.S. market. The company offers square LED luminaries that are versatile, timeless and comprehensive, under the brand name Peerless which is the leading brand for indoor lighting. The company has also introduced new Holophane LED floodlights to improve quality of light, increase energy efficiency while reducing the maintenance cost.

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