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Global Intelligent Lighting Controls Market – Analysis and Forecast (2017-2023) (Focus on Component Type, Connection Type, Application and Light Source)

Global Intelligent Lighting Controls Market – Analysis and Forecast (2017-2023) (Focus on Component Type, Connection Type, Application and Light Source)

The intelligent lighting controls market is estimated to reach $36 billion by 2023 at a CAGR of 10.2% through the forecast period. Intelligent lighting controls witnessed a major increase in the adoption rate for the usage in various applications due to several advancements offered by the technology.

SKU: ES024A
Published Year: 2017
 
 

The future global economy is anticipated to consume more energy resources in the longer run, especially with the growing energy demand from the developing countries such as China and India. Lighting segment usually consumes majority of the electricity in a commercial building, and draws substantial energy levels for a private residence. Intelligent lighting controls continue to propel the lighting industry towards growth with increasing revenue at a global level. Intelligent lighting controls witnessed a major increase in the adoption rate for the usage in various applications due to several advancements offered by the technology. 

The intelligent lighting controls market is expected to grow at a significant rate during the forecast period. This is due to integration of physical security industry with intelligent lighting, changing paradigm of lighting control industry to electronics industry and adding voice control feature to the upcoming products. Increasing smart homes market along with customization benefits and continuously decreasing average selling price (ASP) of LED bulbs and drivers are some of the factors driving the growth of intelligent lighting control market. The global intelligent lighting control market is estimated to witness a growth at a CAGR of 14.3% and 10.2% over the period 2017 to 2023 in terms of volume and value respectively. 

North America led the global intelligent lighting controls market in 2016 in terms of volume and value. Since energy performance contracts are becoming widespread in North America, specific Energy Service Companies (ESCOs) have been developed in last few years to provide wide-ranging energy services to the owners of buildings. The services offered in a form of package, include equipment installations, technical evaluations, hazardous waste removal, billing, financing, energy monitoring and verification services. The growth of North American intelligent lighting control market is actively supported by the installation of new intelligent lighting systems in the non-residential segment. 

However, Asia Pacific is expected to grow with the highest rate during the forecast period and surpass the market of Europe. This is mainly due to lower cost of consumer equipment in the region. Additionally, the rising trend of smart homes in the region is also supporting the growth of Asia Pacific intelligent lighting controls market. China has a high rate of consumption and production of global lighting products. Within the lighting industry, intelligent lighting enterprises are gradually on the path of expansion which is also attracting many foreign market players for further investments. Additionally, growth of green lighting LED lamps is rising in the China lighting industry.

The most often used strategy for developing a better hold on to the market has been through product launches, followed by partnerships, joint ventures, and collaborations. Moreover, the company profile section includes highlights of significant information about the key companies involved along with their financial positions, key strategies, and developmental activities of recent years. Some of the key players involved in this market are General Electric, Lutron Electronics Co. Inc., Leviton Manufacturing Co. Inc., Honeywell International Inc., Acuity Brands Inc., Cree Inc., Enlighted Inc., Daintree Networks, Koninklijke Philips N.V., OSRAM Licht AG, Legrand, Hubbell Incorporated, LSI Industries Inc., Control4 Corporation, EATON, and Schneider Electric.

The report is a compilation of different segments of global intelligent lighting controls market including market breakdown by component type, connection type, light source, and application. The report also discusses in detail about the key participants involved in the industry.

The report answers the following questions about the global intelligent lighting controls market:

•    What are the prevailing component types, connection types and light sources used in intelligent lighting controls?
•    What are the different application areas of intelligent lighting controls?
•    What are the different factors driving the market in the forecast period?
•    What are the factors restraining the growth of global intelligent lighting controls market?
•    Who are the different participants in the global intelligent lighting controls market?
•    What kind of new strategies are being adopted by existing market players to make a mark in the industry?
•    Which region will lead the global intelligent lighting controls market by the end of forecast period?

TABLE OF CONTENT
Executive Summary
1 Research Scope & Methodology
1.1 Scope of the Report
1.2 Intelligent Lighting Control Market Research Methodology
2 Market Dynamics
2.1 Market Drivers
2.1.1 Prevailing Issue of Global Energy Crisis
2.1.2 Increasing Trend of Smart Homes Along with Customization Benefits
2.1.3 Continuously Declining Average Selling Price (ASP) of LED Bulbs and LED Drivers
2.2 Market Opportunities
2.2.1 The Integration of Physical Security Industry with Intelligent Lighting Industry
2.2.2 Changing Paradigm of Lighting Industry to Electronics Industry
2.2.3 Addition of Voice Control Feature to the Upcoming Products
2.3 Market Restraints
2.3.1 Designing Challenges While Using LED Driver
2.3.2 Consumers have to Bear High Replacement Costs from Existing Solutions to Intelligent Lighting Systems
2.3.3 Lack of Standards and the Associated Interoperability Issues
3 Competitive Insights
3.1 Key Strategies and Developments
3.1.1 Partnerships, Joint Ventures, Collaborations and Contracts
3.1.2 New Product Launches, Developments and Expansions
3.1.3 Mergers and Acquisitions
3.1.4 Business Expansion and Certification
3.1.5 Other Developments
3.2 Lighting Industry Trends
3.2.1 Cloud-Based Lighting Controls
3.2.2 Light Fidelity (LiFi) Becoming a Brighter Way to Communicate
3.2.3 OLED Panel Shipments on the Rise
3.2.4 LED Filament Bulbs Equivalent of Incandescent Bulb with LED Lamp Benefits
3.3 Industry Attractiveness
3.3.1 Threat of New Entrants
3.3.2 Bargaining Power of Buyers
3.3.3 Bargaining Power of Suppliers
3.3.4 Threat from Substitutes
3.3.5 Intensity of Competitive Rivalry
3.4 Leading Player Analysis
3.5 R&D Analysis of Leading Players in Intelligent Lighting Controls Market
4 Global Intelligent Lighting Controls Market by Component Type
4.1 Assumptions and Limitations
4.2 Market Overview
4.3 Component Type Market Overview
4.4 Sensors: Most Essential Control for Directing the Lighting Conditions
4.4.1 Sensors Market Overview
4.4.2 Sensors Market by Application
4.4.3 Sensors Market by Connection Type
4.4.4 Sensors Market by Region
4.5 Fluorescent Ballasts and LED Drivers: Heart of Fluorescent and LED Lighting
4.5.1 Ballasts and LED Drivers Market Overview
4.5.2 Ballasts and LED Drivers Market by Application
4.5.3 Ballasts and LED Drivers Market by Connection Type
4.5.4 Ballasts and LED Drivers Market by Region
4.6 Microprocessors and Microcontrollers: Enable Intelligent Management of Light Settings with Optimum Efficiency
4.6.1 Microprocessors and Microcontrollers Market Overview
4.6.2 Microprocessors and Microcontrollers Market by Application
4.6.3 Microprocessors and Microcontrollers Market by Connection Type
4.6.4 Microprocessors and Microcontrollers Market by Region
4.7 Switches and Dimmers
4.7.1 Switches and Dimmers Market Overview
4.7.2 Switches and Dimmers Market by Application
4.7.3 Switches and Dimmers Market by Connection Type
4.7.4 Switches and Dimmers Market by Region
4.8 Transmitters and Receivers
4.8.1 Transmitters and Receivers Market Overview
4.8.2 Transmitters and Receivers Market by Application
4.8.3 Transmitters and Receivers Market by Connection Type
4.8.4 Transmitters and Receivers Market by Region
5 Global Intelligent Lighting Market by Connection Type
5.1 Connection Type Market Overview
5.2 Wired Technology
5.2.1 Building Automation & Control Network (BACnet)
5.2.2 Digital Addressable Lighting Interface (DALI)
5.2.3 Power Line Communication (PLC)
5.2.4 Proprietary Control
5.2.5 Others
5.3 Wireless Technology
5.3.1 EnoCean
5.3.2 ZigBee
5.3.3 Bluetooth
5.3.4 Wi-Fi
6 Global Intelligent Lighting Controls Market by Light Source
6.1 Light Source Market Overview
6.2 Fluorescent Lamp (FL)
6.3 Light Emitting Diode (LED)
6.4 High Intensity Discharge (HID) Lamps
7 Global Intelligent Lighting Controls Market by Applications
7.1 Applications Market Overview
7.2 Residential Application – Smart Homes Creating the BUZZ
7.3 Commercial Application
7.4 Industrial Application
7.5 Outdoor Application
7.6 Automotive Application
8 Global Intelligent Lighting Controls Market by Region
8.1 Introduction
8.2 North America Market by Country
8.3 Asia Pacific Market by Country
8.4 Europe Market by Country
8.5 Rest of the World Market by Country
9 Company Profile
9.1 General Electric
9.1.1 Company Overview
9.1.2 Financials
9.1.2.1 Overall Financials
9.1.2.2 Segment Revenue Mix
9.1.2.3 Geographic Revenue Mix
9.1.2.4 Financial Summary
9.1.3 SWOT Analysis
9.2 Lutron Electronics Co., Inc.
9.2.1 Company Overview
9.2.2 Corporate Summary
9.2.3 SWOT Analysis
9.3 Leviton Manufacturing Co., Inc.
9.3.1 Company Overview
9.3.2 Corporate Summary
9.3.3 SWOT Analysis
9.4 Honeywell International Inc.
9.4.1 Company Overview
9.4.2 Financials
9.4.2.1 Overall Financials
9.4.2.2 Segment Revenue Mix
9.4.2.3 Geographic Revenue Mix
9.4.2.4 Financial Summary
9.4.3 SWOT Analysis
9.5 Acuity Brands, Inc.
9.5.1 Company Overview
9.5.2 Financials
9.5.2.1 Overall Financials
9.5.2.2 Geographic Revenue Mix
9.5.2.3 Financial Summary
9.5.3 SWOT Analysis
9.6 Cree, Inc.
9.6.1 Company Overview
9.6.2 Financials
9.6.2.1 Overall Financials
9.6.2.2 Segment Revenue Mix
9.6.2.3 Geographic Revenue Mix
9.6.2.4 Financial Summary
9.6.3 SWOT Analysis
9.7 Enlighted Inc.
9.7.1 Company Overview
9.7.2 Corporate Summary
9.8 Digital Lumens, Inc.
9.8.1 Company Overview
9.8.2 Corporate Summary
9.9 Daintree Networks
9.9.1 Company Overview
9.9.2 Corporate Summary
9.9.3 SWOT Analysis
9.10 Koninklijke Philips N.V.
9.10.1 Company Overview
9.10.2 Financials
9.10.2.1 Overall Financials
9.10.2.2 Segment Revenue Mix
9.10.2.3 Geographic Revenue Mix
9.10.2.4 Financial Summary
9.10.3 SWOT Analysis
9.11 OSRAM Licht AG
9.11.1 Company Overview
9.11.2 Financials
9.11.2.1 Overall Financials
9.11.2.2 Segment Revenue Mix
9.11.2.3 Geographic Revenue Mix
9.11.2.4 Financial Summary
9.11.3 SWOT Analysis
9.12 Legrand
9.12.1 Company Overview
9.12.2 Financials
9.12.2.1 Overall Financials
9.12.2.2 Geographic Revenue Mix
9.12.2.3 Financial Summary
9.12.3 SWOT Analysis
9.13 Hubbell Incorporated
9.13.1 Company Overview
9.13.2 Corporate Summary
9.14 LSI Industries, Inc.
9.14.1 Company Overview
9.14.2 Financials
9.14.2.1 Overall Financials
9.14.2.2 Segment Revenue Mix
9.14.2.3 Geographic Revenue Mix
9.14.2.4 Financial Summary
9.14.3 SWOT Analysis
9.15 CONTROL4 CORPORATION
9.15.1 Company Overview
9.15.2 Financials
9.15.2.1 Overall Financials
9.15.2.2 Geographic Revenue Mix
9.15.2.3 Financial Summary
9.15.3 SWOT Analysis
9.16 EATON
9.16.1 Company Overview
9.16.2 Financials
9.16.2.1 Overall Financials
9.16.2.2 Segment Revenue Mix
9.16.2.3 Geographic Revenue Mix
9.16.2.4 Financial Summary
9.16.3 SWOT Analysis
9.17 Schneider Electric
9.17.1 Company Overview
9.17.2 Financials
9.17.2.1 Overall Financials
9.17.2.2 Segment Revenue Mix
9.17.2.3 Geographic Revenue Mix
9.17.2.4 Financial Summary
9.17.3 SWOT Analysis
List of Tables
Table 1  Comparison Between Various Lightings
Table 2.1 Product Life and Energy Efficiencies of Different Lamps
Table 2.2 Per Unit Price of Different Lamp Technologies
Table 3.1 Partnerships, Joint Ventures, Collaborations and Contracts
Table 3.2 New Product Launches, Developments and Expansions
Table 3.3 Key Mergers and Acquisitions
Table 3.4 Key Business Expansion
Table 3.5 Other Developments
Table 4.1 Component Type Market Size, 2016-2023 (Units Million)
Table 4.2 Component Type Market Size, 2016-2023 ($Million)
Table 4.3 Global Sensors Market Breakdown by Application, Units Million (2016 – 2
Table 4.4 Global Sensors Market Breakdown by Application, $Million (2016 – 2023)
Table 4.5 Global Sensors Market Breakdown by Connection Type, Units Million (2016
Table 4.6 Global Sensors Market Breakdown by Connection Type, $Million (2016 – 20
Table 4.7 Global Sensors Market Breakdown by Region, Units Million (2016 – 2023)
Table 4.8 Global Sensors Market Breakdown by Region, $Million (2016 – 2023)
Table 4.9 Recommended Sockets for Different Fluorescent Lamps Type
Table 4.10 Global Ballasts and LED Drivers Market Breakdown by Application, Units Million (2016 – 2023)
Table 4.11 Global Ballasts and LED Drivers Market Breakdown by Application, $Million (2016 – 2023)
Table 4.12 Global Ballasts and LED Drivers Market Breakdown by Connection Type, Units Million (2016 – 2023)
Table 4.13 Global Ballasts and LED Drivers Market Breakdown by Connection Type, $Million (2016 – 2023)
Table 4.14 Global Ballasts and LED Drivers Market Breakdown by Region, Units Million (2016 – 2023)
Table 4.15 Global Ballasts and LED Drivers Market Breakdown by Region, $Million (2016 – 2023)
Table 4.16 Global Microprocessors and Microcontrollers Market Breakdown by Application, Units Million (2016 – 2023)
Table 4.17 Global Microprocessors and Microcontrollers Market Breakdown by Application, $Million (2016 – 2023)
Table 4.18 Global Microprocessors and Microcontrollers Market Breakdown by Connection Type, Units Million (2016 – 2023)
Table 4.19 Global Microprocessors and Microcontrollers Market Breakdown by Connection Type, $Million (2016 – 2023)
Table 4.20 Global Microprocessors and Microcontrollers Market Breakdown by Region, Units Million (2016 – 2023)
Table 4.21 Global Microprocessors and Microcontrollers Market Breakdown by Region, $Million (2016 – 2023)
Table 4.22 Global Switches and Dimmers Market Breakdown by Application, Units Million (2016 – 2023)
Table 4.23 Global Switches and Dimmers Market Breakdown by Application, $Million (2016 – 2023)
Table 4.24 Global Switches and Dimmers Market Breakdown by Connection Type, Units Million (2016 – 2023)
Table 4.25 Global Switches and Dimmers Market Breakdown by Connection Type, $Million (2016 – 2023)
Table 4.26 Global Switches and Dimmers Market Breakdown by Region, Units Million (2016 – 2023)
Table 4.27 Global Switches and Dimmers Market Breakdown by Region, $Million (2016 – 2023)
Table 4.28 Global Transmitters and Receivers Market Breakdown by Application, Units Million (2016 – 2023)
Table 4.29 Global Transmitters and Receivers Market Breakdown by Application, $Million (2016 – 2023)
Table 4.30 Global Transmitters and Receivers Market Breakdown by Connection Type, Units Million (2016 – 2023)
Table 4.31 Global Transmitters and Receivers Market Breakdown by Connection Type, $Million (2016 – 2023)
Table 4.32 Global Transmitters and Receivers Market Breakdown by Region, Units Million (2016 – 2023)
Table 4.33 Global Transmitters and Receivers Market Breakdown by Region, $Million (2016 – 2023)
Table 5.1 Connection Type Market Size, 2016-2023 (Units Million)
Table 5.2 Connection Type Market Size, 2016-2023 ($Million)
Table 5.3 Advantages and Disadvantages of Wi-Fi Technology
Table 6.1 Intelligent Lighting Controls Market Size by Light Source, 2016-2023 (Units Million)
Table 6.2 Intelligent Lighting Controls Market Size by Light Source, 2016-2023 ($Million)
Table 7.1 Intelligent Lighting Controls Market Size by Applications, 2016-2023 (Units Million)
Table 7.2 Intelligent Lighting Controls Market Size by Applications, 2016-2023 ($Million)
Table 7.3 Company Mapping for Interior Lighting
Table 7.4 Company Mapping for Exterior Lighting
Table 7.5 Company Mapping for Application Based Lighting
Table 7.6 Company Mapping for Voice Controlled Lighting
Table 7.7 Company Mapping for Shops, Retail & Grocery Store Lighting
Table 7.8 Company Mapping for Restaurant Lighting
Table 7.9 Company Mapping for Hotel Lighting
Table 7.10 Company Mapping for Sports Arena and Stadium Lighting
Table 7.11 Company Mapping for Corporate Office Lighting
Table 7.12 Company Mapping for Warehouse Lighting
Table 7.13 Company Mapping for Production Hall Lighting
Table 7.14 Company Mapping for Outdoor Storage Areas Lighting
Table 7.15 Company Mapping for Entrance areas and Corridors Lighting
Table 7.16 Company Mapping for Loading Docks Lighting
Table 7.17 Company Mapping for Parking Areas Lighting
Table 7.18 Company Mapping for Architectural Lighting
Table 7.19 Company Mapping for Street Lights
Table 7.20 Company Mapping for Smart City Lighting
Table 7.21 Company Mapping for Parking Lighting
Table 7.22 Company Mapping for Public Areas Lighting
Table 8.1 Global Intelligent Lighting Controls Market Breakdown by Region, Units Million (2016 – 2023)
Table 8.2 Global Intelligent Lighting Controls Market Breakdown by Region, $Million (2016 – 2023)
Table 8.3 North America Intelligent Lighting Control Market Breakdown by Country, Units Million (2016 – 2023)
Table 8.4 North America Intelligent Lighting Control Market Breakdown by Country, $Million (2016 – 2023)
Table 8.5 Asia Pacific Intelligent Lighting Control Market Breakdown by Country, Units Million (2016 – 2023)
Table 8.6 Asia Pacific Intelligent Lighting Control Market Breakdown by Country, $Million (2016 – 2023)
Table 8.7 Europe Intelligent Lighting Control Market Breakdown by Country, Units Million (2016 – 2023)
Table 8.8 Europe Intelligent Lighting Control Market Breakdown by Country, $Million (2016 – 2023)
Table 8.9 Rest of the World Intelligent Lighting Controls Market Breakdown by Country, Units Million (2016 – 2023)
Table 8.10  Rest of the World Intelligent Lighting Controls Market Breakdown by Country, $Million (2016 – 2023)
List of Figures
Figure 1 Global Intelligent Lighting Controls Market Size
Figure 2 Sensors Segment is leading Among all the Component Types
Figure 3 Wired Technology is Leading Among Both the Connection Type
Figure 4 LED Generated Maximum Revenue
Figure 5 Residential Application Generated Maximum Revenue
Figure 6 North America Leading the Global Intelligent Lighting Controls Market
Figure 1.1 Scope of the Report
Figure 1.2 Secondary Data Sources
Figure 1.3 Top Down and Bottom up Approach
Figure 1.4 Intelligent Lighting Controls Market Influencing Factors
Figure 1.5 Assumptions and Limitations
Figure 2.1 Market Dynamics
Figure 2.2 Rapidly Increasing Atmospheric Carbon Dioxide Concentration (PPMV) Globally
Figure 2.3 Decreasing Average selling Price of LED Bulbs (2009-2020)
Figure 2.4 Types of Security Concerns at Commercial Offices
Figure 3.1 Key Strategies and Developments
Figure 3.2 OLED Shipments (2013-2016)
Figure 3.3 Porter’s Five Forces for the Intelligent Lighting Controls Market
Figure 3.4 Analysis of Leading Player
Figure 3.5 Research and Development Expenditure, $Million
Figure 4.1 Intelligent Lighting Controls Market Segmentation
Figure 4.2 Global Intelligent Lighting Controls Market in 2017 and 2023
Figure 4.3 Intelligent Lighting Controls – Component Type Market
Figure 4.4 Component Type Market Size, 2017 and 2023
Figure 4.5 Sensors Market Size in Intelligent Lighting Controls Industry
Figure 4.6 Sensors Market by Application
Figure 4.7 Sensors Market by Connection Type
Figure 4.8 Sensors Market by Region
Figure 4.9 Ballasts and LED Drivers Market Size in Intelligent Lighting Controls Industry
Figure 4.10 Ballasts and LED Drivers Market by Application
Figure 4.11 Ballasts and LED Drivers Market by Connection Type
Figure 4.12 Ballasts and LED Drivers Market by Region
Figure 4.13 Microprocessors and Microcontrollers Market Size in Intelligent Lighting Controls Industry
Figure 4.14 Microprocessors and Microcontrollers Market by Application
Figure 4.15 Microprocessors and Microcontrollers Market by Connection Type
Figure 4.16 Microprocessors and Microcontrollers Market by Region
Figure 4.17 Lifespan of LED Lights in Comparison to Internal Temperature
Figure 4.18 Switches and Dimmers Market Size in Intelligent Lighting Controls Industry
Figure 4.19 Switches and Dimmers Market by Application
Figure 4.20 Switches and Dimmers Market by Connection Type
Figure 4.21 Switches and Dimmers Market by Region
Figure 4.22 Transmitters and Receivers Market Size in Intelligent Lighting Controls Industry
Figure 4.23 Transmitters and Receivers Market by Application
Figure 4.24 Transmitters and Receivers Market by Connection Type
Figure 4.25 Transmitters and Receivers Market by Region
Figure 5.1 Intelligent Lighting Controls – Connection Type Market
Figure 5.2 Connection Type Market Size, 2017 and 2023
Figure 5.3 Price Comparison between Wired and Wireless Technology Installation
Figure 5.4 Wired Intelligent Lighting Controls Market
Figure 5.5 Wireless Intelligent Lighting Controls Market
Figure 6.1 Intelligent Lighting Controls – Light Source Market
Figure 6.2 Intelligent Lighting Controls Market Size by Light Source, 2017 and 2023
Figure 6.3 Intelligent Lighting Controls Market by FL
Figure 6.4 Intelligent Lighting Controls Market by LED
Figure 6.5 Intelligent Lighting Controls Market by HID
Figure 7.1 Intelligent Lighting Controls – Applications Market
Figure 7.2 Intelligent Lighting Controls Market Size by Applications, 2017 and 2023
Figure 8.1 Global Intelligent Lighting Controls Market by Region
Figure 8.2 Global Intelligent Lighting Control Market by Region
Figure 8.3 North America Intelligent Lighting Control Market by Country
Figure 8.4 Asia Pacific Intelligent Lighting Control Market by Country
Figure 8.5 Europe Intelligent Lighting Control Market by Country
Figure 8.6 Rising Smart Phone Penetration Rate
Figure 8.7 Rest of the World Intelligent Lighting Controls Market by Country
Figure 9.1 General Electric – Overall Financials, 2013-2015
Figure 9.2 General Electric– Business Segment Revenue Mix, 2013-2015 ($Million)
Figure 9.3 General Electric– Geographic Revenue Mix, 2013-2015 ($Billion)
Figure 9.4 General Electric– SWOT Analysis
Figure 9.5 Lutron Electronics – SWOT Analysis
Figure 9.6 Leviton Manufacturing – SWOT Analysis
Figure 9.7 Honeywell International Inc. – Overall Financials, 2014-2016
Figure 9.8 Honeywell International Inc. – Business Segment Revenue Mix, 2014-2016 ($Million)
Figure 9.9 Honeywell International Inc. – Geographic Revenue Mix, 2014-2016 ($Million)
Figure 9.10 Honeywell International Inc. – SWOT Analysis
Figure 9.11 Acuity Brands – Overall Financials, 2014-2016
Figure 9.12 Acuity Brands – Geographic Revenue Mix, 2014-2016 ($Million)
Figure 9.13 Acuity Brands – SWOT Analysis
Figure 9.14 Cree, Inc. – Overall Financials, 2014-2016 ($Million)
Figure 9.15 Cree, Inc. – Business Segment Revenue Mix, 2014-2016 ($Million)
Figure 9.16 Cree, Inc. – Geographic Revenue Mix, 2014-2016 ($Million)
Figure 9.17 Cree, Inc.  – SWOT Analysis
Figure 9.18 Cree, Inc.  – SWOT Analysis
Figure 9.19 Koninklijke Philips N.V. – Overall Financials, 2014-2016 ($Billion)
Figure 9.20 Koninklijke Philips N.V. – Business Segment Revenue Mix, 2014-2016 ($Billion)
Figure 9.21 Koninklijke Philips N.V. – Geographic Revenue Mix, 2013-2015 ($Billion)
Figure 9.22 Koninklijke Philips N.V. – SWOT Analysis
Figure 9.23 OSRAM Licht AG – Overall Financials, 2014-2016($Billion)
Figure 9.24 OSRAM Licht AG – Business Segment Revenue Mix, 2014-2016 ($Million)
Figure 9.25 OSRAM Licht AG – Geographic Revenue Mix, 2014-2016 ($Billion)
Figure 9.26 OSRAM Licht AG – SWOT Analysis
Figure 9.27 Legrand – Overall Financials, 2014-2016($Million)
Figure 9.28 Legrand – Geographic Revenue Mix, 2014-2016 ($Billion)
Figure 9.29 Legrand – SWOT Analysis
Figure 9.30 LSI Industries, Inc. – Overall Financials, 2014-2016 ($Million)
Figure 9.31 LSI Industries, Inc. – Business Segment Revenue Mix, 2014-2016 ($Million)
Figure 9.32 LSI Industries, Inc.  – Geographic Revenue Mix, 2014-2016 ($Million)
Figure 9.33 LSI Industries, Inc. – SWOT Analysis
Figure 9.34 CONTROL4 CORPORATION – Overall Financials, 2014-2016 ($Million)
Figure 9.35 CONTROL4 CORPORATION – Geographic Revenue Mix, 2014-2016 ($Million)
Figure 9.36 CONTROL4 CORPORATION – SWOT Analysis
Figure 9.37 Eaton – Overall Financials, 2013-2015
Figure 9.38 Eaton – Business Segment Revenue Mix, 2013-2015 ($Million)
Figure 9.39 Eaton – Geographic Revenue Mix, 2013-2015 ($Million)
Figure 9.40 Eaton– SWOT Analysis
Figure 9.41 Schneider Electric – Overall Financials, 2014-2016
Figure 9.42 Schneider Electric – Business Segment Revenue Mix, 2014-2016 ($Million)
Figure 9.43 Schneider Electric – Geographic Revenue Mix, 2014-2016 ($Million)
Figure 9.44 Schneider Electric – SWOT Analysis

Smart technology evolution has changed the overall lighting industry in terms of energy saving, money saving, and increased safety and convenience of users. The overall lighting market is growing at a significant rate and is expected to reach a substantial level by 2022. In the lighting market, intelligent lighting controls are gaining widespread popularity and is expected to grow with a significant rate in the coming years. By installing an intelligent lighting control in a building, 50% energy costs can be saved and productivity and comfort of the user can also be improved. Additionally, intelligent lighting controls are capable for paying the initial installation amount within five years and also give a high return on investment in the future. Several countries are opting for various methods for decreasing the carbon dioxide concentration in the atmosphere. Rising energy demands globally calls for improved energy efficiency usage and increased energy supply. 

The intelligent lighting controls market is estimated to reach $36 billion by 2023 at a CAGR of 10.2% through the forecast period. Intelligent lighting controls witnessed a major increase in the adoption rate for the usage in various applications due to several advancements offered by the technology. Increasing smart homes market along with customization benefits and continuously decreasing average selling price (ASP) of LED bulbs and drivers are some of the factors driving the growth of intelligent lighting control market. The changing paradigm of lighting industry to electronics industry is one of the major opportunities for the growth of the intelligent lighting controls market. With the arrival of smart technologies in the lighting industry, various gateways have opened for the companies of several industry verticals, such as control systems, dimmers, and software based solutions, and sensors. The scenario of lighting industry has been completely transformed with the establishment of modern technologies. 

Figure 1
Global Intelligent Lighting Controls Market

Global Intelligent Lighting Controls Market

 Secondary research, expert interviews, and BIS Research Analysis    

In terms of revenue, the sensors segment holds the major share of 47% in the global intelligent lighting controls market in 2016; whereas microprocessors and microcontrollers segment is expected to increase with the highest CAGR in the coming years. The main sensors used in intelligent lighting industry are ambient light sensors, proximity sensors, occupancy sensors, photo sensors, and daylight sensors. Some companies are moving towards intelligent lighting controls with the use of gesture detecting sensors for gesture controls. General Electric Company provides occupancy sensors with three different technologies so that the users can use the sensors as an appropriate solution for their space. Intensity of activity occurring in the required space and the design of the room determine the level of sensitivity required by the user within the sensor. The technologies include Passive Infrared (PIR), ultrasonic and dual tech.

Among both the connection types used in intelligent lighting controls market, wired connection type holds higher market share of 53.1% in 2016 in terms of value. Wired technology has been more prevalent but with the recent development in RF technologies there’s an increase in the number of wireless installations worldwide. Wired technology based intelligent lighting systems can provide better control and flexibility with the use of additional electronics, which in turn, increase the cost of the overall installation.

Maximum revenue generated in 2016 from the intelligent lighting controls was from the North American countries followed by European countries. The U.S. is the leading market for intelligent lighting controls in the North American region and accounted for 91.3% of the market share in 2016. The landscape of municipalities and cities across the U.S. is rapidly getting changed by the LED streetlights. The intelligent lighting control market is supported by numerous government proposals in the country, such as Leadership in Energy and Environmental Design (LEED), while the program conducted in the U.S. electricity prices and CFL prices are comparatively less in most of the U.S. states. The LED market share is expected to increase in the country, as the price of LED lighting goes down. 

Asia Pacific is expected to grow with the highest CAGR during the forecast period. The fastest growing market of Asia-Pacific intelligent lighting control market over other regions is due to large scale demand for new construction, strong economic growth driven mainly by China, and increasing affordability of LED lighting in the region. The dominance of China in the Asia-Pacific intelligent lighting controls market is due to strong growth of the country. The Government of China supports the installation of outdoor LED lighting, which is further expected to accelerate the growth of the intelligent lighting control market in the country. Various policies of major regulatory bodies in China are actively encouraging and stimulating the growth of the lighting industry in the country. China has a high rate of consumption and production of global lighting products. Within the lighting industry, intelligent lighting enterprises are gradually on the path of expansion which is also attracting many foreign market players for further investments. 

Some of the key players in the industry areGeneral Electric, Lutron Electronics Co. Inc., Leviton Manufacturing Co. Inc., Honeywell International Inc., Acuity Brands Inc., Cree Inc., Enlighted Inc., Daintree Networks, Koninklijke Philips N.V., OSRAM Licht AG, Legrand, Hubbell Incorporated, LSI Industries Inc., Control4 Corporation, EATON, and Schneider Electric.  

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