Global Analysis of Smart Lighting & Control Systems Market Anticipated to Surge at a CAGR of 15.6 % during 2016-2024
No of Pages – 188 Publishing Date - December , 2016
Browse detailed TOC , Tables , Figures , and Charts in Global Serial Device Server Consumption 2016 Market Research Report at :
http :// www . marketresearchhub . com / report / smart-lighting-and-control-systems-market-global-industryanalysis-size-share-growth-trends-and-forecast-2016-2024-report . html
Due to the technological advancements for intelligent control systems having features like automated light control ( daylight / natural ), color temperature and occupancy , the market of smart lighting and control system is experiencing an admirable growth from the past few years . A new report by Transparency Market Research states that global market is expected to be worth US $ 96.38 bn until the end of 2024 as compared to US $ 26.26 bn in 2015 . This study has been published to the online portal of Market Research Hub ( MRH ) and is added to its database . The base year considered in the report is 2015 . Moving further , major driver and key trends are highlighted in the report . According to Smart Lighting Market Report , rising demand for implementation of smart lighting & control systems across outdoor lighting applications such as parking lot , street lighting , walkways and playing fields globally is creating strong prospects for smart lighting and control systems market . Also , growing acceptance of advance and wireless lighting controls has led to the extensive presence of smart lighting and control system dealers around the globe .