Smart
lights are gaining huge popularity among the consumers due to its energy
efficiency and wireless controls. A smart light includes remote controls
through mobile devices and automated light adjustments based on conditions like
occupancy or natural light availability. Companies in the general lighting
markets manufacture lights with automated controls and sensors, and smarts and
designer fixtures with inbuilt LED lights.
THE
BUSINESS RESEARCH COMPANY VALUED THE GLOBAL GENERAL LIGHTING MARKET AT $84 BILLION
IN 2017
Asia
Pacific was the largest geographic region in the general lighting market in
2017, accounting for more than two-fifth of the global market. China was the
largest country accounting for one-fifth of the global general lighting market.
Order the report at: https://www.thebusinessresearchcompany.com/report/general-lighting-global-market-report-2018
According to The Business Research Company’s Consultant, Nitin
Gianchandani, major lighting
companies are integrating lighting fixtures with IoT technology to enable
remote user control and for controlling lighting in office, work environment
and city infrastructure. IoT technology is widely being used in homes and work
places to integrate and control internal and external light fixtures. For
instance, Belleds, a smart lighting designer based in Cambridge, offers
wireless lighting control and broadcast location through luminaires using the
beacon technology. The company is partnering with major lighting companies such
as GE, Philips and Acuity to provide its services.
Download
a sample of the report at: https://www.thebusinessresearchcompany.com/sample.aspx?id=523&type=smp
General Electric
Corporation was the largest player in the general lighting market, with
revenues of $15.1 billion in 2016. General
Electric’s growth strategy aims at making the lighting division more profitable
by pulling out from Asian and Latin American markets. As it is a strong brand
in North America, Europe, and the Middle East, it will concentrate on expanding
the scale and boosting the division’s profitability in these markets.
General
lighting market comprises of companies that manufacture chandeliers, ceiling or
wall-mounted fixtures, recessed or track lights and lanterns mounted on the
outside of the home.
General Lighting Global
Market Report 2018 is a detailed report giving a unique insight into this
market. The report is priced at $4000 for an individual user. To use across
your office, the price is $6000 and $8000 if you wish to use across a
multinational company.
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