Report ID: SQMIG45C2050
Report ID:
SQMIG45C2050 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
65 |
Figures:
70
Global Intelligent Lighting Controls Market size was valued at USD 12 billion in 2022 and is poised to grow from USD 12.74 billion in 2023 to USD 20.62 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).
The intelligent lighting controls market is experiencing significant growth driven by the increasing adoption of energy-efficient and smart lighting solutions. Intelligent lighting controls encompass a range of technologies and systems that enable users to remotely manage and optimize lighting in various environments. These controls include motion sensors, dimmers, timers, smart switches, and advanced lighting management systems.
The market is being fueled by the growing emphasis on sustainability and energy conservation, as intelligent lighting controls enable users to adjust lighting levels based on occupancy, daylight availability, and specific needs. This not only reduces energy consumption but also extends the lifespan of lighting fixtures. Additionally, the integration of IoT (Internet of Things) technology has revolutionized the market, allowing for seamless connectivity and control via smartphones, tablets, and voice assistants.
The commercial sector, including offices, retail spaces, and industrial facilities, is a significant driver of the intelligent lighting controls market, as organizations seek to enhance energy efficiency and create comfortable environments. The residential sector is also witnessing increased adoption, driven by the convenience and aesthetic benefits offered by smart lighting systems. As smart city initiatives gain traction, intelligent lighting controls are playing a pivotal role in creating urban environments that are energy-efficient, environmentally friendly, and responsive to user preferences. Overall, the intelligent lighting controls market is poised for continued expansion as technological advancements and sustainability concerns shape the future of lighting systems.
US Intelligent Lighting Controls Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG45C2050