BIS Research - Emerging Technology Market Intelligence

Intelligent Lighting Control System to Reduce Energy Consumption

Apr 27, 2018 6:18:29 AM / by BIS Research posted in Intelligent Lighting Control Market forecast, Intelligent Lighting Control Market report, Intelligent Lighting Control Market trends, Intelligent Lighting Controls market share, Switches and Dimmers Market, Ballasts and LED Drivers Market, Electronics & Semiconductor, Lighting as a Service (LaaS) market, Global Intelligent Lighting Controls Market, Global Sensors Market, Intelligent Lighting Control Market, Intelligent Lighting Control Market Research, Intelligent Lighting Control Market size, Intelligent Lighting Controls market growth, Intelligent Lighting Controls Market Size, Lighting Control Market, Transmitters and Receivers Market

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With the technological advancements, the lighting industry has changed significantly in terms of saving energy and money. In lighting industry, the intelligent lighting controls are gaining immense popularity. Intelligent lighting controls provide energy efficient light bulbs such as Light Emitting Diode (LED) light, High Intensity Discharge(HID) Lamp, and Compact Fluorescent Light (CFL), which have a better lifespan as compared to the existing light bulbs. According to the latest market intelligence report by BIS Research titled, ‘Global Intelligent Lighting Controls Market-Analysis and Forecast (2018-2024),’ the market is expected to register a CAGR of 20.9% during the forecast period. This significant growth rate is owing to the integration of physical security industry with intelligent lighting, changing paradigm of lighting control industry to electronic industry, and adding voice control features to the upcoming products.

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