Outdoor LED Smart Lighting Solution Market 2018 Global Size, Share, Emerging Trends, Top Leaders, Sales Revenue and Opportunity Assessment by 2022

Fri Nov 9, 2018 - 7:30am UTC

Market Research Future published a research report on “Outdoor LED Smart Lighting Solution Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Pune, India – November 9, 2018

Outdoor LED Smart Lighting Solution Global Market – Overview

Lighting industry has evolved during 21st century. Various developments have been observed in the last decade which includes switching from incandescent bulbs to CFL then to LED lights. Outdoor smart lighting solution helps in safety and security of users as well as can be a great option for sports, recreation and social events. This technology has also come up with wireless solutions wherein user can operate and control the switching timings, luminescence and colour from his android device or PC. Also the companies are working on developing an intelligence system that will deliver high-quality cost-effective illumination. The lighting solution is not only environment-friendly but also maximises its efficiency by saving the energy up to 80%. These outdoor LED smart lighting can be installed in outdoor as well as commercial locations such as offices, hospitals, highways, industries, etc.

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Outdoor LED Smart Lighting Solution Global Market – Segmentation

• Segmentation by component: software, hardware and service.
• Segmentation by communication technology: wired and wireless.
• Segmentation by application: street lighting, landscape light, stadium, parking, waterways and others.

Key Players

The prominent players in the Outdoor LED Smart Lighting Solutions Market are Philips Lighting Holding B.V. (Netherlands), Acuity Brands, Inc. (U.S.), General Electric (U.S.), Osram Licht AG (Germany), Honeywell International Inc. (U.S.), Cooper Industries, Inc. (U.S.), Schneider Electric SE (France), Digital Lumens, Inc. (U.S.), Streetlight. Vision (France), Lutron Electronics Company, Inc. (U.S.), among others.

Outdoor LED Smart Lighting Solution Global Market – Regional Analysis

The regional analysis of outdoor LED smart lighting solution market is studied for North America, Europe, Asia-Pacific and Rest of the World. Evolution of internet of things (IoT) has driven the market of outdoor LED smart lighting solutions. North America is expected to show dominance in outdoor LED smart lighting solution market due to high adoption of smart and connected lighting technology, and increasing effort to minimize the hazardous impact of electricity consumption on the environment. However, emerging economies of Asia Pacific and rest of the world are expected to witness growth opportunities in the global market. Europe is also one of the major contributor to the outdoor LED smart lighting solution market owing to the adoption of the smart LED solutions in different application segments including commercial, industrial, outdoor and residential segment.

Industry News

April 18, Echelon Partnered with Allied Telesis to Deliver Solutions for Smart Cities and Smart Buildings. Echelon Corporation signed an agreement with Allied Telesis Inc. wherein Allied Telesis will be authorized to implement its outdoor lighting solutions into its smart city and smart campus projects. This will result in transforming LED streetlights into smart city networks that can form a basis of future smart city applications.

April 18, Wipro Lighting launched Internet of Lighting. Wipro has launched its Internet of Lighting (IoL) ™ solutions for smart indoor & outdoor lighting at the Light Show. Due to advancements in internet of things (IoT) and big data, smart and connected digital lighting solutions have come into existence bringing both intelligence and functionality into lighting systems. Wipro has tied-up with Cisco for Power over Ethernet (PoE) based lighting which will enhance user experience and deliver desired outcomes for customers. It has also collaborated with pureLi-Fi, Scotland to deliver high-speed and secure data transmission through LED.

March 18, Spark is continuing their IoT deployment across New Zealand. New Zealand based company Sparknz has announced that its long-range low-power network will be implemented for commercial use in 60% area of the country. Businesses and local councils will be able to use smart lighting technology to remotely manage street lights, monitor them and turn them on or off as per requirement. This will eventually lead to respond faster to community requests and events as well as make changes in daylight that will ensure safer streets for travel.

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Intended Audience

• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• LED Manufacturers
• Smart Lighting Solution Providers

Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future

This news is published on Reuters.

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