Smart Commercial Lighting market 2021 Growing Share Analysis, Industry Size, Future Growth, Covid-19 Impact Analysis, Key Manufacturers and 2030

In a recent published report, Kenneth Research has updated the market report for Smart Commercial Lighting market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Smart Commercial Lighting market products.

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Factors such as the growing trade on services across nations worldwide, backed by increasing urbanization and development of several new micro, small and medium enterprises are anticipated to promote towards the growth of the MARKET throughout the forecast period. According to the statistics by the Organization for Economic Co-operation and Development (OECD), the United States recorded to be the largest exporters of international trade in services amongst all the OECD nations with a value worth USD 827 billion in the year 2018.

The report titled Smart Commercial Lighting Market has been added by Kenneth Research, provides detailed insights of the market scenario which is further classified on the basis of market size and market volume, along with the compound annual growth rate (CAGR) of the market over the forecast period, i.e., 2021-2022.

The Smart Commercial Lighting market is a multibillion market which started witnessing growth from the beginning of the current decade. The Smart Commercial Lighting market is witnessing growth mainly due to the growing demand for the environment friendly and energy saving solutions from different industry verticals. The smart commercial lighting solutions available today can automatically adjust themselves according to the time of the day (i.e. daylight simulation lighting) while for traditional lighting systems manually settings are need to be done. The smart commercial lighting is gaining popularity as it helps in dealing with the seasonal depressions and reducing electricity bills such as in hospitals and offices and educational institutes.

The Smart Commercial Lighting market is expected to grow at a CAGR of 20.8% during the forecasted period 2016–2022. The energy saving lighting solutions, government support and growing demand for the IOT based solutions are supporting the growth of the smart commercial lighting market. The demand for the smart energy infrastructure and green buildings is helping the commercial smart lighting market to expand in the developed geographies such as in Americas and Europe. Despite, certain factors like high cost, cyber threat and lack of awareness may still impact the growth of the smart commercial lighting market.

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The wireless technologies and smart network components such as sensors are supporting the growth of this market. These network components help in secure and reliable transfer of data between the connected devices. Few of the smart lighting lamps available today are bluetooth enabled Compact Fluorescent Lights (CFL),Wi-Fi enabled Light-Emitting Diode (LED) and ZigBee enabled lighting systems. Some of the key vendors present in the market are Philips Lighting, GE lighting, Acuity Brands Inc. and Google Inc. The report also talks about companies to watch for such as Smart Lighting Engineering (SLE), LED Roadways Lighting Ltd. (LRL), LIFX, Digital Lumens and Enlighted Inc.

This study covers and analyses “Smart Commercial market” globally. Bringing out the complete key insights of this industry, this reports aims to provide opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

Table of Contents
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.3.1 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Parent/Related Markets
4 Market Outlook
4.1 Market Overview
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Technology Roadmap
4.5 Porter’s 5 (Five) Forces
5 Market Characteristics
5.1 Ecosystem
5.2 Market Dynamics
5.2.1 Drivers Government Initiatives Growing Market for IOT Based Applications Energy Saving
5.2.2 Restraints Lack of Awareness Cyber Threat High Cost of Products & Services
5.2.3 Opportunities Fast Secure Data Transfer Technologies Smart Cities Emerging Economies
5.2.4 DRO-Impact Analysis
5.3 Key Stakeholders
6 Connectivity Technologies: Market Size & Analysis
6.1 Overview
6.1.1 Market Size & Analysis
6.2 ZigBee
6.2.1 Market Size & Analysis
6.3 Wi-Fi
6.3.1 Market Size & Analysis
6.4 Bluetooth
6.4.1 Market Size and Analysis
6.5 EnOcean
6.5.1 Market Size and Analysis
6.6 Z-Wave
6.6.1 Market Size & Analysis
7 Lighting Lamps: Market Size & Analysis
7.1 Overview
7.1.1 Market Size & Analysis
7.2 High Intensity Discharge (HID) Lamps
7.2.1 Market Size & Analysis
7.3 Light Emitting Diode (LED) Lamps
7.3.1 Market Size & Analysis
7.4 Fluorescent Lamps
7.4.1 Market Size & Analysis
7.5 Compact Fluorescent Lamps (CFL)
7.5.1 Market Size & Analysis
7.6 Vendor Profiles
7.6.1 Koninklijke Philips N.V., Overview Business Units Geographical Revenue Recent Developments Business Focus SWOT Analysis Business Strategy
7.6.2 GE Lighting Overview Business Units Geographic Revenues Recent Developments Business Focus SWOT Analysis Business Strategy
7.6.3 Cyan Technologies Plc. Overview Business Units Geographic Revenue Recent Developments Business Focus SWOT Analysis Business Strategy
7.6.4 Acuity Brands Lighting, Inc. Overview Business Units Geographic Revenue Recent Developments Business Focus SWOT Analysis Business Strategy
7.6.5 John Cullen Lighting Overview Business Units Geographic Presence Recent Developments Business Focus SWOT Analysis Business Strategy
8 Network Components: Market Size & Analysis
8.1 Overview
8.1.1 Market Size & Analysis
8.2 Sensors
8.2.1 Market Size & Analysis
8.3 Relays
8.3.1 Market Size & Analysis
8.4 Controllable Breaker
8.4.1 Market Size & Analysis
8.5 Others
8.5.1 Market Size & Analysis
9 Industry Applications: Market Size & Analysis
9.1 Overview
9.1.1 Market Size & Analysis
9.2 Healthcare
9.2.1 Market Size & Analysis
9.3 Offices & Educational Institutes
9.3.1 Market Size & Analysis
9.4 Infrastructure
9.4.1 Roadways
9.4.2 Railways
9.4.3 Airports
9.4.4 Seaports
9.4.5 Market Size & Analysis
9.5 Retail
9.5.1 Market Size & Analysis
9.6 Sports Stadium
9.6.1 Market Size & Analysis
9.7 Others
9.7.1 Market Size & Analysis
10 Regions: Market Size & Analysis
10.1 Overview
10.1.1 Market Size & Analysis
10.2 Americas
10.2.1 US
10.2.2 Canada
10.2.3 Brazil
10.2.4 Market Size & Analysis
10.3 Europe
10.3.1 UK
10.3.2 France
10.3.3 Poland
10.3.4 Market Size & Analysis
10.4 Asia Pacific Excluding Japan (APEJ)
10.4.1 India
10.4.2 China
10.4.3 Australia
10.4.4 Market Size & Analysis
10.5 Middle East & Africa (MEA)
10.5.1 Gulf Corporation Council (GCC)
10.5.2 Africa
10.5.3 Market Size & Analysis
11 Competitive Landscape
11.1 Competitor Comparison Analysis
11.1.1 Analysis By Technology
11.1.2 Analysis By Lighting Lamps
11.1.3 Vendor Assessment
12 Expert’s Views
13 Global Generalists
13.1 Google Inc.
13.1.1 Overview
13.1.2 Offerings
13.1.3 Google in Smart Lighting
13.2 Microsoft Corporation
13.2.1 Overview
13.2.2 Offerings
13.2.3 Microsoft in Smart Commercial Lighting
13.3 International Business Machines Corp.(IBM)
13.3.1 Overview
13.3.2 Offerings
13.3.3 IBM in Smart Commercial Lighting
13.4 Cisco Systems, Inc.
13.4.1 Overview
13.4.2 Offerings
13.4.3 Cisco in Smart Commercial Lighting
13.5 Intel Corporation
13.5.1 Overview
13.5.2 Offerings
13.5.3 Intel in Smart Commercial Lighting
14 Companies to Watch for
14.1 Smart Lighting Engineering (SLE)
14.1.1 Overview
14.1.2 SLE Market
14.1.3 Smart Commercial Lighting Offerings
14.2 LED Roadway Lighting Ltd.(LRL)
14.2.1 Overview
14.2.2 LRL Market
14.2.3 Smart Commercial Lighting Offerings
14.3 LIFX
14.3.1 Overview
14.3.2 LIFX Market
14.3.3 Smart Commercial Lighting Offerings
14.4 Digital Lumens
14.4.1 Overview
14.4.2 Digital Lumens Market
14.4.3 Smart Commercial Lighting Offerings
14.5 Enlighted Inc.
14.5.1 Overview
14.5.2 Enlighted Inc. Market
14.5.3 Smart Commercial Lighting Offerings
Annexure 162
 Acronyms

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