“Smart lighting is an advanced technology in lighting that makes use of intelligent lighting control systems to manage the illumination of a particular area. Smart lighting market is growing at a phenomenal rate and main drivers for this growth are energy efficiency, development in electronics and sensor technology, phase out of incandescent lamps, favorable government policies and evolution of novel wireless technology. Environmental concerns are having an impact on the market for conventional lighting technologies such as incandescent lamps, halogens, and fluorescent lighting. Therefore, there is a need for low-power-consuming lighting systems, which are environment friendly, and can provide illumination for a significantly long time. Smart lighting technology can satisfy these needs and provide greater illumination for a wide range of lighting applications.
Commercial end users are the most prominent application of smart lighting. In commercial buildings, lighting adds up to 40% of total energy cost. Deployment of intelligent lighting control is being supported by building owners, governments, utilities, and many other stakeholders as it helps to drastically reduce energy consumption. Public and government users also occupied prominent share in smart lighting market. As smart lighting projects for public and government buildings are government funded, the growth of this application area would be stable as it would be given priority in every economy. Outdoor lighting application is another promising application area and this market exhibits a huge growth potential for smart lighting. The opportunity of integrating smart lighting market with other important systems such as traffic signals, energy meters, pollution sensors, parking-lot lights, and traffic sensors to form a smart city is a considerable potential area. At present, Europe has the largest market for smart lighting especially in the commercial end user applications. The presence of lighting giants such as Koninklijke Philips N.V. (Netherland), Osram Gmbh (Germany), and Zumtobel AG (Austria) is an important reason behind the implementation of smart lighting system in this region. Smart lighting has the second-largest market in North America. Several new players have emerged in this region, especially in the U.S., who has developed breakthrough products related to smart lighting. The emerging market for smart lighting is the APAC region. In this report, the smart lighting market is segmented on the basis of connectivity technologies, end users, lighting types, components and geography. The market for connectivity technology include wired and wireless connectivity technologies in smart lighting ecosystem. The end user includes commercial, residential, industrial, govt. & public, and others. The lighting types segment covers fluorescent lighting, LED lamps, HID lamps, and others. The components include control & communication components and luminaries & fixtures. In the market segments, each segment is analyzed both in terms of qualitative and quantitative aspect, and it includes all subsegments with detailed analysis. The competitive landscape section primarily focuses on key industry players in the lighting market, their latest developments, and respective market share. Furthermore, the report entails emerging market trends, advancements in the technological space, market demand of the segments, key growth areas, market size, region-wise demand factors, and key competitors’ analysis.
The geographic segmentation of the smart lighting market covers four major regions of the world, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The report also profiles major players in the lighting market. Some of the major players in this market are Osram GmbH (Germany), Koninklijke Philips N.V (Netherlands), General Electric Company (U.S.), and Acuity Lighting Brands Inc. (U.S.).
This report will cater to the needs of leading companies, end users, component manufacturers, and other related stake holder in the smart lighting market. Other parties that could benefit from the report include government bodies, environmental agencies, consulting firms, business development executives, C-level employees and VPs. Our report will help you analyze new opportunities and potential revenue sources and enhance your decision making process for new business strategies. The quantitative and qualitative information in the report along with our comprehensive analysis will help you gain an edge in the market.
The following customization options are available for the smart lighting market report.
Product Analysis
• Product Matrix which gives a detailed comparison of product portfolio of top companies.
Regional Information
• Further breakdown of regional market information for smart lighting technology.
Company Information
• Detailed analysis and profiling of additional market players (Up to 5).
”
“TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY AND PRICING 16
1.5 LIMITATION 16
1.6 MARKET STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Key industry insights 20
2.1.2.3 Breakdown of primaries 20
2.2 DEMAND SIDE ANALYSIS OF SMART LIGHTING MARKET 21
2.2.1 INTRODUCTION 21
2.2.2 DEMAND SIDE ANALYSIS 21
2.2.2.1 Growing urbanization and energy consumption 21
2.2.2.2 Higher disposable income 23
2.2.2.3 Development of smart homes 23
2.3 MARKET SIZE ESTIMATION 24
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 26
2.5 RESEARCH ASSUMPTIONS 27
2.5.1 ASSUMPTIONS 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 32
4.1 ATTRACTIVE MARKET OPPORTUNITY IN THE GLOBAL SMART LIGHTING MARKET 32
4.2 SMART LIGHTING MARKET, BY END USERS 32
4.3 SMART LIGHTING MARKET IN THE APAC REGION, 2014 33
4.4 SMART LIGHTING MARKET, BY CONNECTIVITY TECHNOLOGY 33
4.5 SMART LIGHTING CONNECTIVITY TECHNOLOGY MARKET, BY REGION (2014) 34
5 MARKET OVERVIEW 35
5.1 INTRODUCTION 36
5.2 MARKET SEGMENTATION 36
5.3 MARKET DYNAMICS: SMART LIGHTING MARKET 38
5.3.1 DRIVERS 39
5.3.1.1 Smart lighting shaping infrastructure modernization 39
5.3.1.2 Intelligent lighting for street lighting systems 39
5.3.1.3 Increasing demand for energy-efficient lighting systems 39
5.3.1.4 Convergence of IoT and lighting 40
5.3.1.5 Acceptance of standard protocols for lighting control 41
5.3.2 RESTRAINTS 41
5.3.2.1 Lack of awareness regarding installation costs and payback periods 41
5.3.3 OPPORTUNITIES 42
5.3.3.1 Development of wireless technologies for smart lighting systems 42
5.3.3.2 Smart lighting for smart cities 43
5.3.4 CHALLENGES 43
5.3.4.1 Development of common communication platform 43
6 INDUSTRY TRENDS 44
6.1 INTRODUCTION 44
6.2 VALUE CHAIN ANALYSIS 45
6.2.1 RESEARCH AND DEVELOPMENT 45
6.2.2 SMART LIGHTING ORIGINAL EQUIPMENT MANUFACTURERS 46
6.2.3 KEY TECHNOLOGY PROVIDERS/SYSTEM INTEGRATORS 46
6.2.4 DISTRIBUTORS/MARKETING 46
6.3 KEY INDUSTRY TRENDS 46
6.4 PORTER’S FIVE FORCES 47
6.4.1 BARGAINING POWER OF SUPPLIERS 49
6.4.2 BARGAINING POWER OF BUYERS 50
6.4.3 THREAT OF NEW ENTRANTS 51
6.4.4 THREAT OF SUBSTITUTES 52
6.4.5 COMPETITIVE RIVALRY 53
7 SMART LIGHTING MARKET, BY LIGHT SOURCE 54
7.1 INTRODUCTION 55
7.1.1 FLUORESCENT LAMPS (FL) 57
7.1.2 COMPACT FLUORESCENT LIGHT (CFL) 57
7.1.3 LIGHT EMITTING DIODES (LED) 59
7.1.4 HIGH-INTENSITY DISCHARGE LAMPS (HID) 61
7.1.5 OTHERS 62
8 SMART LIGHTING MARKET, BY COMPONENT 63
8.1 INTRODUCTION 64
8.2 CONTROL & COMMUNICATION COMPONENTS 65
8.2.1 LED DRIVERS & BALLASTS 66
8.2.2 SENSORS 66
8.2.3 DIMMERS & SWITCHES 67
8.2.4 MICROPROCESSOR & CONTROLLERS 67
8.2.5 WIRELESS RECEIVERS & TRANSMITTERS 67
8.2.6 OTHERS 67
8.3 LUMINARIES 67
9 SMART LIGHTING MARKET, BY CONNECTIVITY TECHNOLOGY 68
9.1 INTRODUCTION 69
9.2 WIRED CONNECTIVITY TECHNOLOGY 70
9.2.1 BUILDING AUTOMATION & CONTROL NETWORK (BACNET) 70
9.2.2 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI) 70
9.2.3 POWER-LINE COMMUNICATION (PLC) 71
9.2.4 PROPRIETARY PROTOCOLS 71
9.2.5 OTHERS 72
9.2.5.1 KNX 72
9.2.5.2 LONWORKS 72
9.3 WIRELESS CONNECTIVITY TECHNOLOGIES 78
9.3.1 ENOCEAN 78
9.3.2 ZIGBEE 78
9.3.3 OTHERS 78
10 SMART LIGHTING MARKET, BY END USER 83
10.1 INTRODUCTION 84
10.1.1 COMMERCIAL 85
10.1.1.1 Office lighting 86
10.1.1.2 Retail malls 86
10.1.1.3 Hospitality 86
10.1.2 RESIDENTIAL 89
10.1.3 INDUSTRIAL 92
10.1.4 GOVERNMENT & PUBLIC LIGHTING 96
11 GEOGRAPHIC ANALYSIS 99
11.1 INTRODUCTION 100
11.2 NORTH AMERICA 101
11.2.1 U.S. 104
11.2.2 CANADA 104
11.2.3 MEXICO 104
11.3 EUROPE 105
11.3.1 GERMANY 108
11.3.2 FRANCE 109
11.4 ASIA-PACIFIC 109
11.4.1 CHINA 112
11.4.2 JAPAN 112
11.4.3 INDIA 112
11.5 REST OF THE WORLD 113
12 COMPETITIVE LANDSCAPE 116
12.1 OVERVIEW 116
12.2 MARKET RANKING ANALYSIS FOR THE SMART LIGHTING MARKET, 2014 117
12.2.1 NEW PRODUCT LAUNCHES AND DEVELOPMENTS 119
12.2.2 PARTNERSHIPS & AGREEMENTS 120
12.2.3 CONTRACTS, EXPANSIONS, & PATENTS 120
12.2.4 MERGERS & ACQUISITIONS 121
13 COMPANY PROFILES 122
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 INTRODUCTION 122
13.2 KONINKLIJKE PHILIPS N.V. 123
13.3 GENERAL ELECTRIC COMPANY 127
13.4 ACUITY BRANDS LIGHTING, INC. 130
13.5 OSRAM GMBH 132
13.6 HONEYWELL INTERNATIONAL INC. 135
13.7 EATON CORPORATION PLC. 138
13.8 DIGITAL LUMENS, INC. 140
13.9 LEGRAND S.A. 141
13.10 LUTRON ELECTRONICS COMPANY, INC. 143
13.11 STREETLIGHT. VISION 145
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.
14 APPENDIX 146
14.1 INSIGHTS OF INDUSTRY EXPERTS 146
14.2 DISCUSSION GUIDE 147
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 150
14.4 AVAILABLE CUSTOMIZATIONS 152
14.5 RELATED REPORTS 153
“
“LIST OF TABLES
TABLE 1 INCREASING DEMAND FOR ENERGY-EFFICIENT SYSTEMS IS PROPELLING
THE MARKET 41
TABLE 2 LACK OF AWARENESS REGARDING INSTALLATION AND PAYBACK PERIOD LIKELY TO HAMPER THE GROWTH OF THE SMART LIGHTING MARKET 42
TABLE 3 DEVELOPMENT OF WIRELESS COMMUNICATION TECHNOLOGIES IS CREATINGNEW GROWTH AVENUES FOR THE PLAYERS IN THIS MARKET 42
TABLE 4 LACK OF COMMON OPEN STANDARDS FOR SMART LIGHTING SYSTEM IS A MAJOR CHALLENGE 43
TABLE 5 SMART LIGHTING MARKET, BY LIGHTING TYPE, 2013–2020 (USD MILLION) 56
TABLE 6 SMART LIGHTING MARKET FOR FLUORESCENT LIGHTING TYPE, BY REGION,
2013–2020 (USD MILLION) 58
TABLE 7 SMART LIGHTING MARKET FOR FLUORESCENT LIGHTING TYPE, BY END USER, 2013–2020 (USD MILLION) 58
TABLE 8 SMART LIGHTING MARKET FOR LED LIGHTING TYPE, BY REGION,
2013–2020 (USD MILLION) 59
TABLE 9 SMART LIGHTING MARKET FOR LED LIGHTING TYPE, BY END USER,
2013–2020 (USD MILLION) 60
TABLE 10 SMART LIGHTING MARKET FOR HID LIGHTING TYPE, BY REGION,
2013–2020 (USD MILLION) 61
TABLE 11 SMART LIGHTING MARKET FOR HID LIGHTING TYPE, BY END USER,
2013–2020 (USD MILLION) 61
TABLE 12 SMART LIGHTING MARKET FOR OTHER LIGHTING TYPE, BY REGION,
2013–2020 (USD MILLION) 62
TABLE 13 SMART LIGHTING MARKET FOR OTHER LIGHTING TYPE, BY END USER,
2013–2020 (USD MILLION) 62
TABLE 14 SMART LIGHTING MARKET, BY COMPONENT, 2013–2020 (USD MILLION) 65
TABLE 15 SMART LIGHTING MARKET, BY COMPONENT, 2013–2020 (USD MILLION) 66
TABLE 16 SMART LIGHTING MARKET, BY CONNECTIVITY TECHNOLOGY,
2013–2020 (USD MILLION) 69
TABLE 17 SMART LIGHTING MARKET, BY WIRED CONNECTIVITY TECHNOLOGY, BY REGION, 2013–2020 (USD MILLION) 73
TABLE 18 SMART LIGHTING MARKET, BY WIRED CONNECTIVITY TECHNOLOGY,
2013–2020 (USD MILLION) 74
TABLE 19 SMART LIGHTING MARKET FOR WIRED CONNECTIVITY TECHNOLOGY, BY END USER, 2013–2020 (USD MILLION) 74
TABLE 20 SMART LIGHTING MARKET FOR BACNET CONNECTIVITY TECHNOLOGY,
BY END USER, 2013–2020 (USD MILLION) 75
TABLE 21 SMART LIGHTING MARKET FOR DALI CONNECTIVITY TECHNOLOGY, BY END USER, 2013–2020 (USD MILLION) 76
TABLE 22 SMART LIGHTING MARKET FOR POWER-LINE CONNECTIVITY TECHNOLOGY,
BY END USER, 2013–2020 (USD MILLION) 76
TABLE 23 SMART LIGHTING MARKET FOR PROPRIETARY PROTOCOLS CONNECTIVITY TECHNOLOGY, BY END USER, 2013–2020 (USD MILLION) 77
TABLE 24 SMART LIGHTING MARKET FOR OTHER CONNECTIVITY TECHNOLOGY, BY END USER, 2013–2020 (USD MILLION) 77
TABLE 25 SMART LIGHTING MARKET FOR WIRELESS CONNECTIVITY TECHNOLOGY,
2013–2020 (USD MILLION) 79
TABLE 26 SMART LIGHTING MARKET FOR WIRELESS CONNECTIVITY TECHNOLOGY,
BY REGION, 2013–2020 (USD MILLION) 80
TABLE 27 SMART LIGHTING MARKET FOR WIRELESS CONNECTIVITY TECHNOLOGY,
BY REGION, 2013–2020 (USD MILLION) 80
TABLE 28 SMART LIGHTING MARKET FOR ENOCEAN CONNECTIVITY TECHNOLOGY,
BY END USERS 2013–2020 (USD MILLION) 81
TABLE 29 SMART LIGHTING MARKET FOR ZIGBEE CONNECTIVITY TECHNOLOGY, BY END USER, 2013–2020 (USD MILLION) 81
TABLE 30 SMART LIGHTING MARKET FOR OTHER CONNECTIVITY TECHNOLOGIES,
BY END USER, 2013–2020 (USD MILLION) 82
TABLE 31 SMART LIGHTING MARKET, BY END USER, 2013–2020 (USD MILLION) 84
TABLE 32 SMART LIGHTING MARKET FOR COMMERCIAL USERS, BY REGION,
2013–2020 (USD MILLION) 85
TABLE 33 SMART LIGHTING MARKET FOR COMMERCIAL USERS, BY TYPE,
2013–2020 (USD MILLION) 87
TABLE 34 SMART LIGHTING MARKET FOR COMMERCIAL USERS, BY CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 87
TABLE 35 SMART LIGHTING MARKET FOR COMMERCIAL USERS, BY WIRED CONNECTING TECHNOLOGY STANDARD, 2013–2020 (USD MILLION) 88
TABLE 36 SMART LIGHTING MARKET FOR COMMERCIAL USERS, BY WIRELESS CONNECTING TECHNOLOGY STANDARD, 2013–2020 (USD MILLION) 88
TABLE 37 SMART LIGHTING MARKET FOR COMMERCIAL USERS, BY LIGHTING SOURCE,
2013–2020 (USD MILLION) 89
TABLE 38 SMART LIGHTING MARKET FOR RESIDENTIAL USERS, BY REGION,
2013–2020 (USD MILLION) 89
TABLE 39 SMART LIGHTING MARKET FOR RESIDENTIAL USER, BY CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 90
TABLE 40 SMART LIGHTING MARKET FOR RESIDENTIAL USERS, BY WIRED CONNECTING TECHNOLOGY STANDARD, 2013–2020 (USD MILLION) 91
TABLE 41 SMART LIGHTING MARKET FOR RESIDENTIAL USERS, BY WIRELESS CONNECTING TECHNOLOGY STANDARD, 2013–2020 (USD MILLION) 91
TABLE 42 SMART LIGHTING MARKET FOR RESIDENTIAL USERS, BY LIGHTING TYPE,
2013–2020 (USD MILLION) 92
TABLE 43 SMART LIGHTING MARKET FOR INDUSTRIAL USERS, BY TYPE,
2013–2020 (USD MILLION) 92
TABLE 44 SMART LIGHTING MARKET FOR INDUSTRIAL USERS, BY REGION,
2013–2020 (USD MILLION) 93
TABLE 45 SMART LIGHTING MARKET FOR INDUSTRIAL USERS, BY CONNECTING TECHNOLOGY , 2013–2020 (USD MILLION) 93
TABLE 46 SMART LIGHTING MARKET FOR INDUSTRIAL USERS, BY WIRED CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 94
TABLE 47 SMART LIGHTING MARKET FOR INDUSTRIAL USERS, BY WIRELESS CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 95
TABLE 48 SMART LIGHTING MARKET FOR INDUSTRIAL USERS, BY LIGHTING TYPE,
2013–2020 (USD MILLION) 95
TABLE 49 SMART LIGHTING MARKET FOR GOVERNMENT & PUBLIC USERS,
2013–2020 (USD MILLION) 96
TABLE 50 SMART LIGHTING MARKET FOR GOVERNMENT & PUBLIC USERS,
BY CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 96
TABLE 51 SMART LIGHTING MARKET FOR GOVERNMENT & PUBLIC USERS,
BY WIRED CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 97
TABLE 52 SMART LIGHTING MARKET FOR GOVERNMENT & PUBLIC USERS,
BY WIRELESS CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 97
TABLE 53 SMART LIGHTING MARKET FOR GOVERNMENT & PUBLIC USERS, BY LIGHTING TYPE, 2013–2020 (USD MILLION) 98
TABLE 54 SMART LIGHTING MARKET, BY REGION, 2013–2020 (USD MILLION) 100
TABLE 55 NORTH AMERICA: SMART LIGHTING MARKET, BY END USER,
2013–2020 (USD MILLION) 103
TABLE 56 NORTH AMERICA: SMART LIGHTING MARKET, BY LIGHTING TYPE,
2013–2020 (USD MILLION) 103
TABLE 57 NORTH AMERICA: SMART LIGHTING MARKET, BY CONNECTING TECHNOLOGY, 2013–2020 (USD MILLION) 103
TABLE 58 NORTH AMERICA: SMART LIGHTING MARKET, BY COUNTRY,
2013–2020 (USD MILLION) 104
TABLE 59 EUROPE: SMART LIGHTING MARKET, BY END USER, 2013–2020 (USD MILLION) 107
TABLE 60 EUROPE: SMART LIGHTING MARKET, BY LIGHTING TYPE, 2013–2020 (USD MILLION) 107
TABLE 61 EUROPE: SMART LIGHTING MARKET, BY CONNECTING TECHNOLOGY,
2013–2020 (USD MILLION) 108
TABLE 62 EUROPE: SMART LIGHTING MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 109
TABLE 63 APAC: SMART LIGHTING MARKET, BY END USER, 2013–2020 (USD MILLION) 111
TABLE 64 APAC: SMART LIGHTING MARKET, BY LIGHTING TYPE, 2013–2020 (USD MILLION) 111
TABLE 65 APAC: SMART LIGHTING MARKET, BY CONNECTING TECHNOLOGY,
2013–2020 (USD MILLION) 111
TABLE 66 APAC: SMART LIGHTING MARKET, BY COUNTRY, 2013–2020 (USD MILLION) 112
TABLE 67 ROW: SMART LIGHTING MARKET, BY END USER, 2013–2020 (USD MILLION) 114
TABLE 68 ROW: SMART LIGHTING MARKET, BY LIGHTING TYPE, 2013–2020 (USD MILLION) 114
TABLE 69 ROW: SMART LIGHTING MARKET, BY CONNECTING TECHNOLOGY,
2013–2020 (USD MILLION) 114
TABLE 70 ROW: SMART LIGHTING MARKET, BY REGION, 2013–2020 (USD MILLION) 115
TABLE 71 RANKING OF MAJOR COMPANIES IN SMART LIGHTING MARKET, 2014 117
TABLE 72 NEW PRODUCT LAUNCHES, 2014-2015 119
TABLE 73 PARTNERSHIPS AND AGREEMENTS, 2014-2015 120
TABLE 74 CONTRACTS, EXPANSIONS, & PATENTS, 2014-2015 120
TABLE 75 MEREGER & ACQUISITIONS, 2014 121
“
“LIST OF FIGURES
FIGURE 1 RESEARCH DESIGN 17
FIGURE 2 REGION-WISE ENERGY CONSUMPTION COMPARISON FOR THE YEARS
1973 AND 2012 22
FIGURE 3 GROWTH IN GDP (PPP) OF DEVELOPING VS. DEVELOPED ECONOMIES,
2011 AND 2025 23
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY, BOTTOM-UP APPROACH 24
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY, TOP-DOWN APPROACH 25
FIGURE 6 MARKET BREAKDOWN & DATA TRIANGULATION 26
FIGURE 7 ASSUMPTIONS OF THE RESEARCH STUDY 27
FIGURE 8 RESIDENTIAL END USERS ARE ESTIMATED TO GROW AT THE FASTEST RATE DURING THE FORECAST PERIOD 28
FIGURE 9 LED LAMPS ARE EXPECTED TO BE THE MOST USED LIGHTING SOURCE FOR SMART LIGHTING BY 2020 29
FIGURE 10 THE SMART LIGHTING CONTROL COMPONENT MARKET IS SET TO REGISTER A HIGH GROWTH RATE DURING THE FORECAST PERIOD 30
FIGURE 11 ASIA-PACIFIC IS EXPECTED TO HAVE THE FASTEST GROWTH IN THE SMART LIGHTING MARKET DURING THE FORECAST PERIOD 31
FIGURE 12 SMART LIGHTING IS THE KEY TO ACHIEVE ENERGY EFFICIENCY IN ALL LIGHTING APPLICATIONS 32
FIGURE 13 COMMERCIAL END USERS ARE EXPECTED TO DOMINATE THE SMART LIGHTING MARKET DURING THE FORECAST PERIOD 32
FIGURE 14 CHINA OCCUPIED THE LARGEST SHARE IN THE APAC
SMART LIGHTING MARKET, 2014 33
FIGURE 15 THE WIRELESS CONNECTIVITY TECHNOLOGY IS EXPECTED TO GROW AT
THE HIGHEST RATE DURING THE FORECAST PERIOD 33
FIGURE 16 EUROPE HELD THE LARGEST MARKET SIZE FOR BOTH WIRED AND WIRELESS CONNECTIVITY TECHNOLOGIES IN 2014 34
FIGURE 17 SMART LIGHTING MARKET, BY LIGHTING SOURCE 36
FIGURE 18 SMART LIGHTING MARKET BY COMPONENTS 37
FIGURE 19 SMART LIGHTING MARKET, BY CONNECTIVITY TECHNOLOGIES 37
FIGURE 20 SMART LIGHTING MARKET, BY END USERS 38
FIGURE 21 INCREASING DEMAND FOR ENERGY-EFFICIENT LIGHTING SYSTEMS IS LIKELY TO SPUR THE DEMAND FOR THE SMART LIGHTING MARKET 38
FIGURE 22 U.S. ANNUAL ENERGY CONSUMPTION IN COMMERCIAL BUILDINGS, 2011 40
FIGURE 23 SMART LIGHTING MARKET: VALUE CHAIN ANALYSIS 45
FIGURE 24 GREATER VERTICAL INTEGRATION IS THE LEADING TREND AMONG
THE KEY MARKET PLAYERS 46
FIGURE 25 PORTER’S FIVE FORCES ANALYSIS FOR THE SMART LIGHTING MARKET 47
FIGURE 26 PORTER’S FIVE FORCES: IMPACT ANALYSIS 48
FIGURE 27 BARGAINING POWER OF SUPPLIERS IN THE SMART LIGHTING MARKET, 2014 49
FIGURE 28 BARGAINING POWER OF BUYERS IN THE SMART LIGHTING MARKET, 2014 50
FIGURE 29 THREATS OF NEW ENTRANTS IN THE SMART LIGHTING MARKET, 2014 51
FIGURE 30 THREAT OF SUBSTITUTE IN THE SMART LIGHTING MARKET, 2014 52
FIGURE 31 COMPETITIVE RIVALRY IN THE SMART LIGHTING MARKET, 2014 53
FIGURE 32 SMART LIGHTING MARKET, BY LIGHT SOURCE 55
FIGURE 33 THE LED LAMPS MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 56
FIGURE 34 TYPES OF LED 59
FIGURE 35 THE COMMERCIAL END USER MARKET IS EXPECTED TO BE THE LARGEST IN TERMS OF VALUE FOR SMART LED LIGHTING DURING THE FORECAST PERIOD 60
FIGURE 36 SMART LIGHTING MARKET, BY COMPONENT 64
FIGURE 37 THE SENSORS ARE EXPECTED TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 65
FIGURE 38 SMART LIGHTING MARKET, BY CONNECTIVITY TECHNOLOGY 69
FIGURE 39 DALI NETWORK SETUP 71
FIGURE 40 APAC IS EXPECTED TO EXHIBIT THE FASTEST GROWTH FOR WIRED CONNECTIVITY TECHNOLOGIES DURING THE FORECAST PERIOD 73
FIGURE 41 COMMERCIAL END USERS ARE EXPECTED TO DOMINATE THE BACNET CONNECTIVITY TECHNOLOGY MARKET DURING THE FORECAST PERIOD 75
FIGURE 42 ZIGBEE WIRELESS CONNECTIVITY TECHNOLOGY DOMINATED
THE SMART LIGHTING MARKET, 2015–2020 79
FIGURE 43 RESIDENTIAL END USER MARKET IS EXPECTED TO GROW AT
THE HIGHEST CAGR DURING THE FORECAST PERIOD 84
FIGURE 44 THE COMMERCIAL OFFICE USERS DOMINATED THE SMART LIGHTING MARKET, 2014 VS. 2020 86
FIGURE 45 WIRED CONNECTING TECHNOLOGY FOR RESIDENTIAL USERS IN SMART LIGHTING MARKET, 2014 VS. 2020 90
FIGURE 46 ENOCEAN IS EXPECTED TO REGISTER THE HIGHEST GROWTH RATE IN INDUSTRIAL SMART LIGHTING MARKET, 2014 AND 2020 94
FIGURE 47 GOVERNMENT & PUBLIC SMART LIGHTING MARKET, BY LIGHTING TYPE,
2015 AND 2020 98
FIGURE 48 GEOGRAPHIC SNAPSHOT OF THE SMART LIGHTING MARKET (2015–2020) 100
FIGURE 49 NORTH AMERICA SNAPSHOT 102
FIGURE 50 EUROPE SNAPSHOT 106
FIGURE 51 APAC SNAPSHOT 110
FIGURE 52 ROW GEOGRAPHIC SNAPSHOT, 2014 VS. 2020 113
FIGURE 53 NEW PRODUCT LAUNCH WAS THE MAJOR STRATEGY ADOPTED BY KEY PLAYERS, 2013-2015 116
FIGURE 54 COMPARISON OF GROWTH (IN TERMS OF VALUE) OF THE TOP PLAYERS FROM
2012 TO 2014 118
FIGURE 55 BATTLE FOR MARKET SHARE: NEW PRODUCT DEVELOPMENT WAS
THE KEY STRATEGY, 2014-2015 119
FIGURE 56 GEOGRAPHIC REVENUE MIX OF KEY MARKET PLAYERS 122
FIGURE 57 KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT 123
FIGURE 58 KONINKLIJKE PHILIPS N.V. :SWOT ANALYSIS 126
FIGURE 59 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 127
FIGURE 60 GENERAL ELECTRIC COMPANY: SWOT ANALYSIS 129
FIGURE 61 ACUITY BRANDS LIGHTING, INC.: COMPANY SNAPSHOT 130
FIGURE 62 ACUITY BRANDS LIGHTING, INC.: SWOT ANALYSIS 131
FIGURE 63 OSRAM GMBH: COMPANY SNAPSHOT 132
FIGURE 64 OSRAM GMBH: SWOT ANALYSIS 134
FIGURE 65 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 135
FIGURE 66 HONEYWELL INTERNATIONAL, INC.: SWOT ANALYSIS 137
FIGURE 67 EATON CORPORATION PLC.: COMPANY SNAPSHOT 138
FIGURE 68 LEGRAND S.A.: COMPANY SNAPSHOT 141
“
