The global Intelligent Lighting Control Market is projected to reach USD 27.29 billion by 2027, according to a recent report by Emergen Research. The evolution of smart technology over the years has significantly modified the industry in terms of energy and cash saving, as well as improved the protection and convenience of the users. With the arrival of cutting-edge technologies within the industry, varied gateways are opened for the businesses of many trade verticals, like dimmers, management systems and software system primarily based solutions and sensors. The state of affairs of the industry has been utterly reworked with the institution of contemporary technologies in it. The world economy on a longer term is anticipated to consume a lot of energy resources within the longer run, particularly with the growing energy demand from the developing countries like India, China, and Japan. Lighting phase sometimes consumes majority of the electricity during a business building and attracts substantial energy levels for a non-public residence. Intelligent lighting controls witnessed important increase within the adoption rate for the usage in varied applications because of multitudinous blessings offered by the technology.

The report analyzes the leading players of the global Intelligent Lighting Control market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Intelligent Lighting Control market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Intelligent Lighting Control market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Lutron Electronics Co., Ltd, General Electric Company, Honeywell International Inc., Leviton Manufacturing Co., Inc., Cree, Inc., Enlighted Inc., Acuity Brands, Inc., OSRAM GmbH, LSI Industries, Inc., Hubbell Incorporated

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Emergen Research has segmented the global Intelligent Lighting Control market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Product Outlook (Revenue, USD Billion; Volume: Kilo Tons; 2017-2027)

• • Sensors
  • Ballast and LED Drivers
  • Microcontrollers
  • Dimmers and Switch Actuators
  • Transmitters and Receivers

• Applications Outlook (Revenue, USD Billion; Volume: Kilo Tons; 2017-2027)

• • Smart Cities
  • Automotive
  • Manufacturing
  • Media and Entertainment
  • Others

• Connectivity Outlook (Revenue, USD Billion; Volume: Kilo Tons; 2017-2027)

• • Wired
  • Wireless

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Intelligent Lighting Control Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Intelligent Lighting Control Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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