Smart Lighting Market PPT

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Smart Lighting Market

• Global Opportunity Analysis and Industry
  Forecast, 2018-2027

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Smart Lighting Market Overview

• According to Market Research Future, the global
  smart lighting market is set to grow at an
  astounding CAGR of 27 during the forecast period
  of 2017 to 2027. With advancing technology and a
  growing, growing population, energy efficiency
  has become highly relevant and important. With
  cities around the world moving toward smart city
  infrastructure the market is expected witness
  exponential growth and reach an estimated
  evaluation of USD 25 Bn by the end of 2027.
• Increasing awareness and concern for the
  environment have resulted in both consumers and
  government bodies increased demand for smart
  lighting. The energy efficiency benefits that
  smart lighting offers lend itself to cost
  efficiency as well, thus increasing demand.
  Growing investments in smart homes and smart
  cities combined with rapidly advancing wireless
  communication have augmented the market further.
  Initial installation costs are high, and there is
  a lack of skilled professionals this is expected
  to hamper market growth. However ongoing
  development and advancements of smart technology
  will provide avenues for growth over the
  assessment period.

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• The major factors driving the growth of the smart
  lighting market are growing awareness about
  environmental benefits of energy efficiency,
  rising and improving wireless communication
  technology, and growing investment in smart home
  cities market among others. However, aspects
  such as high installation cost, and lack of
  skilled expertise are hindering the growth of
  smart lighting market.
• The global smart lighting market is expected to
  grow at a CAGR of approximately 27 during the
  forecast period 2017-2027.
• Read More at https//www.marketresearchfuture.com
  /reports/smart-lighting-market-991

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Market Segmentation

• The global smart lighting market has been
  segmented on the basis of type, light source,
  communication technology, application, and
  region. By type, the market is segmented into
  lighting control, fixtures, and smart bulbs.
• By light source, the market is segmented into HID
  light source, fluorescent light source, and light
  source.
• By communication technology, the market is
  segmented into wired and wireless.
• By application, the market is divided into
  outdoor, and indoor.
• The global division of the smart lighting market
  includes North America, Europe, Asia Pacific and
  the Rest of the World.
• Get the sample copy _at_ https//www.marketresearchfu
  ture.com/sample_request/991

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Top Impacting Factors
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Key Market Players
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Intended Audience
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Detailed Regional Analysis

• The global color detection market is studied in
  Asia Pacific, North America, Europe, and Rest of
  the World. It is observed that European region
  dominated the global smart lighting market in
  2014 and is anticipated to maintain its same
  position in the coming years as well, followed by
  the North American market. The increased adoption
  of smart lighting systems as an energy efficient
  lighting solution is fueling the smart lighting
  market in this region. Asia Pacific region is
  expected to be the fastest growing market due to
  increased usage of smart lighting, availability
  of raw materials, and low labor cost.

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