Light Management System Market Is Projected To Reach USD 21.53 Billion By 2024, At A CAGR Of Over 13% | TechSci Research

According to TechSci Research, Global Light Management System Market is projected to reach USD 21.53 Billion by 2024, growing at a CAGR of over 13% during 2014-2024. The main factors driving the light management system market globally are growing demand for smart controls in building automation systems and increasing adoption of energy-efficient lighting. Based on application, the light management system market has been segmented into indoor and outdoor. The indoor segment is expected to dominate the market during the forecast period due to increasing demand for smart lighting controls in the commercial sector. Some of the top players in the light management system market are GE, Zumtobel, Philips Lighting, Eaton and OSRAM.

Years considered for this report:

Historical Year : 2014 – 2017

Base Year : 2018

Estimated : 2019

Forecast : 2020 – 2024

Objective of the Study:

• To analyse and forecast the market size of Light Management System Market, in terms of value.
• To classify and forecast Global Light Management System Market based on type, application, end-user, function and regional distribution.
• To identify drivers and challenges for Global Light Management System Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Light Management System Market.
• To conduct the pricing analysis for Light Management System Market.
• To identify and analyse the profile of leading players involved in the manufacturing of Global Light Management System Market.

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Some of the leading players in the Global Light Management System Market are Schneider Electric, Eaton, ABB, GE, Acuity, Honeywell, Zumtobel Group, Lutron, Siemens, Philips Lighting etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Light Management System Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

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Key Target Audience:

• Light management system manufacturers
• Original equipment manufacturers (OEMs)
• Electric equipment suppliers
• Software solution providers
• Government bodies
• Traders, Distributors, and Suppliers
• Industry associations and experts
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Light Management System Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Type:
  • Analog
  • Digital
• Market, By Application:
  • Indoor
  • Outdoor
• Market, By End User:
  • Commercial
  • Industrial
  • Municipal
  • Smart Homes
• Market, By Function:
  • Dimming Control Management
  • Schedule-Based Management
  • Occupancy-Based Management
  • Daylight Control Management
• Market, by Region:
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Malaysia
  • Europe & CIS
    • France
    • Germany
    • United Kingdom
    • Italy
    • Spain
  • North America
    • United States
    • Mexico
    • Canada
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East and Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Light Management System Market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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