Indoor lighting management can be defined as an essential part of home or any indoor space that enhance the total ambience of the room. In indoor lighting, light fixtures is the important part of interior design.
The major drivers fueling the market of indoor lighting management market includes, high disposable income of people, changing lifestyle and availability of low cost light emitting diode for indoor space is driving the market. The study indicates, dynamic benefits of LED luminaries that includes high intensity of brightness, high energy efficiency, low radiated heat, high reliability, negligible UV rays and long life span is one of the significant factors driving market growth. According to the study, the decreasing price of LED components is boosting the indoor lighting management market grow
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The indoor lighting management market is growing rapidly because of the advancements in the lighting technology and numerous applications of lighting technology in various fields. LEDs in indoor lighting market is replacing traditional CFLs and incandescent bulbs. The demand for ambient lighting is increasing due to rise in the disposable income of people, city infrastructure and industrialization which is boosting the indoor lighting management market. The invention of energy efficient lights and advanced technology in indoor lighting is aiding the indoor lighting management market.
The Indoor Lighting Management Market is expected to grow at approximately USD 17 Billion by 2023, at 19% of CAGR between 2017 and 2023.
Indoor Lighting Management Market Key Players:
Market Research Future (MRFR) recognizes the following companies as the key players in the indoor lighting management market – Crompton Greaves (India), General Electric (U.S.), Gstar Technology Co. Ltd. (China), Havells Sylvania (U.K.), Osram Licht AG (Germany), Osram Sylvania (U.S.), Koninklijke Philips N.V. (Netherlands), Shenzhen MR LED (China), Thorn Lighting (U.K.), Ushio Lighting Technologies (Japan), among others.
Indoor Lighting Management Market Segmentation:
The indoor lighting management lighting market has been segmented on the basis of product type and application. On basis of application the indoor lighting management lighting consists of ceiling lights, wall lights, picture lights, table lamps and others. Ceiling lamps adds liveliness to the room, they project brightness and warmth and refine the room. By type it consists of ambient lighting, task lighting and accent lighting. Ambient lighting, brighten the room during day and night time. Task lighting can be used for specific purpose that includes grooming, cooking and carrying out official work.
The regional analysis of indoor lighting management market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America is one of the leading player in the indoor lighting management market owing to high disposable income of people and demand for ambient lighting is boosting the market in the region. Rapid infrastructure activities across different industries has driven the market of indoor lighting management market in Asia-Pacific region. This growth is mainly attributed to the rising demand for ambient lighting paired with stringent energy efficiency regulation.
- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- IT Solution Providers
- Original Equipment Manufacturers
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
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