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Lighting Management System-Global Market Insights and Sales Trends 2024
Synopsis
A lighting management system is used to control the lighting installed in a premise to save electricity and manage the energy usage efficiently. The system comprises sensors attached in a loop, which help in manual and remote management of lighting luminescence. These systems are used to control the luminous emittance per square foot area. The lighting management system market is expected to surge in the coming years owing to
The global lighting management system market is driven by emergence of Internet of Things (IOT) and its application in energy management solutions, increase in demand for smart lighting applications, growth in awareness for energy efficiency and savings, and rise in penetration of energy management solutions, especially at the workplace. However, lack of technical handling knowledge, and high initial investment and maintenance cost restrict the market growth. These systems have high market penetration in North America and are establishing their footprints in Asia-Pacific and Europe as well.
The global Lighting Management System market size is expected to reach US$ 23060 million by 2029, growing at a CAGR of 8.4% from 2023 to 2029. The market is mainly driven by the significant applications of Lighting Management System in various end use industries. The expanding demands from the Residential, Commercial, Industrial and Others, are propelling Lighting Management System market. Daylight Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Occupancy Sensors segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Lighting Management System market, driven by demand from China, the second largest economy with some signs of stabilising, the Lighting Management System market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lighting Management System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lighting Management System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lighting Management System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lighting Management System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lighting Management System covered in this report include Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V, Lutron Electronics Co. Inc and Leviton Manufacturing, etc.
The global Lighting Management System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric
General Electric Corporation
OSRAM Licht AG
Siemens AG
LG Electronics
Legrand
Koninklijke Philips N.V
Lutron Electronics Co. Inc
Leviton Manufacturing
Legrand North America, LLC
Global Lighting Management System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lighting Management System market, Segment by Type:
Daylight Sensors
Occupancy Sensors
Programmable Ballasts
User Interfaces
Others
Global Lighting Management System market, by Application
Residential
Commercial
Industrial
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Lighting Management System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
A lighting management system is used to control the lighting installed in a premise to save electricity and manage the energy usage efficiently. The system comprises sensors attached in a loop, which help in manual and remote management of lighting luminescence. These systems are used to control the luminous emittance per square foot area. The lighting management system market is expected to surge in the coming years owing to
The global lighting management system market is driven by emergence of Internet of Things (IOT) and its application in energy management solutions, increase in demand for smart lighting applications, growth in awareness for energy efficiency and savings, and rise in penetration of energy management solutions, especially at the workplace. However, lack of technical handling knowledge, and high initial investment and maintenance cost restrict the market growth. These systems have high market penetration in North America and are establishing their footprints in Asia-Pacific and Europe as well.
The global Lighting Management System market size is expected to reach US$ 23060 million by 2029, growing at a CAGR of 8.4% from 2023 to 2029. The market is mainly driven by the significant applications of Lighting Management System in various end use industries. The expanding demands from the Residential, Commercial, Industrial and Others, are propelling Lighting Management System market. Daylight Sensors, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Occupancy Sensors segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Lighting Management System market, driven by demand from China, the second largest economy with some signs of stabilising, the Lighting Management System market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Lighting Management System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Lighting Management System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Lighting Management System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Lighting Management System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Lighting Management System covered in this report include Schneider Electric, General Electric Corporation, OSRAM Licht AG, Siemens AG, LG Electronics, Legrand, Koninklijke Philips N.V, Lutron Electronics Co. Inc and Leviton Manufacturing, etc.
The global Lighting Management System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric
General Electric Corporation
OSRAM Licht AG
Siemens AG
LG Electronics
Legrand
Koninklijke Philips N.V
Lutron Electronics Co. Inc
Leviton Manufacturing
Legrand North America, LLC
Global Lighting Management System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Lighting Management System market, Segment by Type:
Daylight Sensors
Occupancy Sensors
Programmable Ballasts
User Interfaces
Others
Global Lighting Management System market, by Application
Residential
Commercial
Industrial
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Lighting Management System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Lighting Management System
1.1 Lighting Management System Market Overview
1.1.1 Lighting Management System Product Scope
1.1.2 Lighting Management System Market Status and Outlook
1.2 Global Lighting Management System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Lighting Management System Market Size by Region (2018-2029)
1.4 Global Lighting Management System Historic Market Size by Region (2018-2023)
1.5 Global Lighting Management System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Lighting Management System Market Size (2018-2029)
1.6.1 North America Lighting Management System Market Size (2018-2029)
1.6.2 Europe Lighting Management System Market Size (2018-2029)
1.6.3 Asia-Pacific Lighting Management System Market Size (2018-2029)
1.6.4 Latin America Lighting Management System Market Size (2018-2029)
1.6.5 Middle East & Africa Lighting Management System Market Size (2018-2029)
2 Lighting Management System Market by Type
2.1 Introduction
2.1.1 Daylight Sensors
2.1.2 Occupancy Sensors
2.1.3 Programmable Ballasts
2.1.4 User Interfaces
2.1.5 Others
2.2 Global Lighting Management System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Lighting Management System Historic Market Size by Type (2018-2023)
2.2.2 Global Lighting Management System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Lighting Management System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Lighting Management System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Lighting Management System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Lighting Management System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Lighting Management System Revenue Breakdown by Type (2018-2029)
3 Lighting Management System Market Overview by Application
3.1 Introduction
3.1.1 Residential
3.1.2 Commercial
3.1.3 Industrial
3.1.4 Others
3.2 Global Lighting Management System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Lighting Management System Historic Market Size by Application (2018-2023)
3.2.2 Global Lighting Management System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Lighting Management System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Lighting Management System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Lighting Management System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Lighting Management System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Lighting Management System Revenue Breakdown by Application (2018-2029)
4 Lighting Management System Competition Analysis by Players
4.1 Global Lighting Management System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Lighting Management System as of 2022)
4.3 Date of Key Players Enter into Lighting Management System Market
4.4 Global Top Players Lighting Management System Headquarters and Area Served
4.5 Key Players Lighting Management System Product Solution and Service
4.6 Competitive Status
4.6.1 Lighting Management System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Schneider Electric
5.1.1 Schneider Electric Profile
5.1.2 Schneider Electric Main Business
5.1.3 Schneider Electric Lighting Management System Products, Services and Solutions
5.1.4 Schneider Electric Lighting Management System Revenue (US$ Million) & (2018-2023)
5.1.5 Schneider Electric Recent Developments
5.2 General Electric Corporation
5.2.1 General Electric Corporation Profile
5.2.2 General Electric Corporation Main Business
5.2.3 General Electric Corporation Lighting Management System Products, Services and Solutions
5.2.4 General Electric Corporation Lighting Management System Revenue (US$ Million) & (2018-2023)
5.2.5 General Electric Corporation Recent Developments
5.3 OSRAM Licht AG
5.3.1 OSRAM Licht AG Profile
5.3.2 OSRAM Licht AG Main Business
5.3.3 OSRAM Licht AG Lighting Management System Products, Services and Solutions
5.3.4 OSRAM Licht AG Lighting Management System Revenue (US$ Million) & (2018-2023)
5.3.5 Siemens AG Recent Developments
5.4 Siemens AG
5.4.1 Siemens AG Profile
5.4.2 Siemens AG Main Business
5.4.3 Siemens AG Lighting Management System Products, Services and Solutions
5.4.4 Siemens AG Lighting Management System Revenue (US$ Million) & (2018-2023)
5.4.5 Siemens AG Recent Developments
5.5 LG Electronics
5.5.1 LG Electronics Profile
5.5.2 LG Electronics Main Business
5.5.3 LG Electronics Lighting Management System Products, Services and Solutions
5.5.4 LG Electronics Lighting Management System Revenue (US$ Million) & (2018-2023)
5.5.5 LG Electronics Recent Developments
5.6 Legrand
5.6.1 Legrand Profile
5.6.2 Legrand Main Business
5.6.3 Legrand Lighting Management System Products, Services and Solutions
5.6.4 Legrand Lighting Management System Revenue (US$ Million) & (2018-2023)
5.6.5 Legrand Recent Developments
5.7 Koninklijke Philips N.V
5.7.1 Koninklijke Philips N.V Profile
5.7.2 Koninklijke Philips N.V Main Business
5.7.3 Koninklijke Philips N.V Lighting Management System Products, Services and Solutions
5.7.4 Koninklijke Philips N.V Lighting Management System Revenue (US$ Million) & (2018-2023)
5.7.5 Koninklijke Philips N.V Recent Developments
5.8 Lutron Electronics Co. Inc
5.8.1 Lutron Electronics Co. Inc Profile
5.8.2 Lutron Electronics Co. Inc Main Business
5.8.3 Lutron Electronics Co. Inc Lighting Management System Products, Services and Solutions
5.8.4 Lutron Electronics Co. Inc Lighting Management System Revenue (US$ Million) & (2018-2023)
5.8.5 Lutron Electronics Co. Inc Recent Developments
5.9 Leviton Manufacturing
5.9.1 Leviton Manufacturing Profile
5.9.2 Leviton Manufacturing Main Business
5.9.3 Leviton Manufacturing Lighting Management System Products, Services and Solutions
5.9.4 Leviton Manufacturing Lighting Management System Revenue (US$ Million) & (2018-2023)
5.9.5 Leviton Manufacturing Recent Developments
5.10 Legrand North America, LLC
5.10.1 Legrand North America, LLC Profile
5.10.2 Legrand North America, LLC Main Business
5.10.3 Legrand North America, LLC Lighting Management System Products, Services and Solutions
5.10.4 Legrand North America, LLC Lighting Management System Revenue (US$ Million) & (2018-2023)
5.10.5 Legrand North America, LLC Recent Developments
6 North America
6.1 North America Lighting Management System Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Lighting Management System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Lighting Management System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Lighting Management System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Lighting Management System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Lighting Management System Market Dynamics
11.1 Lighting Management System Industry Trends
11.2 Lighting Management System Market Drivers
11.3 Lighting Management System Market Challenges
11.4 Lighting Management System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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