According to a market report by Lucintel, the future of the global lighting control market looks promising with opportunities the indoor and outdoor markets. The global lighting control market is expected to reach an estimated $58 billion by 2030 from $20 billion in 2023 at a CAGR of 16.3% from 2023 to 2030. The major drivers for this market are growing emphasis on reducing energy consumption, stringent regulations promoting energy-efficient lighting solutions, and increasing integration of lighting controls in smart building systems.
A more than 150-page report to
understand trends, opportunity and
forecast in lighting control market to 2030 by product type (led drivers,
sensors, switches & dimmers, relay units, and gateways), connection type
(wired and wireless), installation type (new installation and retrofit
installation), application (indoor and outdoor), and region (North America,
Europe, Asia Pacific, and the Rest of the World)
Lucintel
forecasts that LED driver is expected to witness the highest growth over the
forecast period.
Within
this market, indoor is expected to witness the higher growth.
Download
sample by clicking on lighting control
market.
General
Electric, Cree, Osram, Philips, Lutron, Leviton Manufacturing, Legrand are the
major suppliers in the lighting control market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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