Lighting the World; The Smarter Way. The Industry that is to Grow to a $60 Billion Valuation by 2020

BLOOMINGTON, Minn. - Feb. 10, 2015 - PRLog -- It’s the 21^st century and here we have Smart homes, Smart phones, Smart battery driven vehicles and a whole lot of smart people spearheading these and many such industries, so why should the so selfless lightings and fixtures that illuminate our lives be left behind.

Enter SMART LIGHTNING!

Now you don’t need to shift seats in a room to accommodate due to the lack of lightning in a certain corner, your lighting will automatically brighten up. You are so engrossed in reading the latest Jeffery Archer novel that by the time you are in deep slumber you forget to switch off the lights, don’t worry, the smart lights will switch themselves off. These and a whole host of features make the smart lighting an indispensable item that not only costs lesser in the longer run but is environmental friendly too.

BIS Research, realizing the potential of this industry has released an exhaustive titled: Global Smart Light and Solid State Lighting Product (LED lamp and Fixture, HID, CFL and Others), Components (Ballasts, Sensor & actuator, relays & timers, and others), Application (Residential, Automotive, Commercial, Street and others) Market 2014-20.

The report is a dive into the colossal Smart Lighting market lending a comprehensive understanding of the industry. The factors that drive the industry have been very minutely scrutinized to prevent from providing a misleading picture. Similarly the challenges that the industry can and is facing have been elucidated with great caution. Porter’s five forces analysis, Value Chain analysis and product lifecycle analysis are a part of the report.

The report segments the Smart Lighting market into five segments:

1.   Smart Lighting Market by Lighting Types

2.   Smart Lighting Market by Components

3.   Smart Lighting Market by Communication Network and Technology

4.   Smart Lighting Market by Application

5.   Smart Lighting Market by Geography

The competitive landscape section includes profiling of more than 15 key players of the market such as GE, Honeywell, Cree, Aura Lights, and Phillips among others.

The growing demand for energy efficient products and increasing government regulations to phase out the incandescent lamps has been a key growth enabler. The advent of wireless technology means that the installation of Control systems has become easier and cheaper which will serve as a major driver for more customers to adopt smart lighting systems.

The report answers all such questions and raises a few of its own that are worth a thought.

You can request for a sample by clicking here.  http://bisresearch.com/requestsample?id=208

About BIS Research:

BIS Research ( Business Intelligence and Strategy Research)  is a global market research and advisory company that tracks the emerging trends in technology capable of disrupting the dynamics of the market.

BIS Research publishes in-depth global market intelligence reports across different industry verticals- Telecom, Automotive,  Semiconductor, Information Technology, Electronics,  Medical Devices, and other emerging technologies.