Lighting as a Service Market
Global Lighting as a Service Market : Growth Factors
Owing to rising demand for the energy , the efficient lighting is expected to augment global lighting as a service market growth . Government guidelines and regulations for implementation of energy-efficient lighting systems are projected to propel the global market in the coming future . Several benefits offered by the lighting as a service include ensuring cost savings , no safeguarding charge , which is forcing countries to use lighting as a service model , no straight costs and reduction in energy consumption may foster the global lighting as a service market growth in future . Companies focus on new business strategies to enhance the global market share by adopting new products and techniques , partnerships & collaborations , mergers & acquisitions , which may positively impact the global market in the near future . Conversely , lack of responsiveness regarding true value propositions of the lighting as service system may hinder the global lighting as a service market growth to some extent .
Global Lighting as a Service Market : Segmentation
The global lighting as a service market is categorized based on components as maintenance & other services , luminaries & control equipment , and software & communication systems . Based on installation , the global market is divided as outdoor , and indoor . Further , the global market is divided based on end-user as municipal , commercial , and industrial .
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