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New Report on Global Smart Lighting Market

Reviewed

May 22 2014

Research and Markets has announced the addition of the "Global Smart Lighting Market Report: 2014 V1 & V2" report to their offering.

This year, Smart Lighting Markets sector splits into two volumes. Volume I is devoted to an analysis of smart lighting markets and covering the basic drivers and economics of the smart lighting business. Volume II provides coverage of the leading companies, products and technologies that play in the smart lighting market place.

Together both volumes identify where and how the new business for smart lighting systems will appear over the next eight years as the developed world replaces its lighting infrastructure with solid-state lighting (SSL), especially LEDs.

While many smart lighting systems can control compact fluorescent lights (CFLs), there is little doubt that the smart lighting products of the future will primarily intended for LED control. This is not just because LEDs are the lighting of the future, but also because they potentially permit very high levels of control compared with previous generations of lighting. With this in mind, this report examines how the latest control and sensor technologies will impact the development of future smart lighting products.

Many existing smart lighting systems are intended primarily to add to LEDs' already impressive energy efficiency. This makes strategic sense given current concerns about rising real energy prices. However, this report follows the idea that with the market becoming crowded, suppliers of smart lighting systems will need to find new ways to differentiate themselves in the market, either by (1) exploring new end user markets such as street lighting or auto lighting, or (2) adding new functionality such as health and mood lighting or even visible light communications (VLC). The latest lighting research indicates that smart lighting can also lead to improved health and mood, while newer technology is showing the way to using smart lighting systems for air quality monitoring and even the delivery of information services.

This year's reports have considerably extended the report coverage to include analysis beyond the energy-saving features of smart lighting to other business opportunities that the arrival of smart lighting is creating. This is - in particular - the focus of Volume I -- But as with previous reports on smart lighting, our 2014 reports show how new value is being created in the lighting market by adding enhanced electronics and intelligent luminaires and how such product strategies will be able to build on the massive trend towards introducing LED lighting.

Also included in Volume II is an analysis of the smart lighting strategies of the firms that it is expected to see as major players in the smart lighting space. We examine what the prospects for start-ups are in this space.

Key Topics Covered:

VOLUME I: MARKETS AND DRIVERS