According to a new report published by Allied Market Research, titled, “Luminaire and Lighting Control Market by Product, Component, Light, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global luminaire and lighting control market size was valued at $72.72 billion in 2020, and is projected to reach $130.56 billion by 2030, registering a CAGR of 6.44%. The North America region is expected to be the leading contributor to the global market during the forecast period, followed by Asia-Pacific and Europe.
The report highlights numerous factors that influence the growth of the global Luminaire and Lighting Control Market such as market demand & forecast and qualitative and quantitative information. The qualitative data of market report includes pricing analysis, key regulations, macroeconomic factors, microeconomic factors, key impacting factors, company share analysis, market dynamics & challenges, strategic growth initiatives, and competition intelligence.
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Key Players Analysis:
The major players profiled in the Luminaire and Lighting Control Market report include, Acuity Brands, Inc., Cree, Inc., Eaton Corporation, General Electric, OSRAM AG, Philips N.V., Dialight, Legrand S.A., Lutron Electronics Co., Inc, and Hubbell Incorporated.
Top winning strategies are analyzed by performing a thorough study of the leading players in the global Luminaire and Lighting Control Market. Comprehensive analysis of recent developments and growth curves of various companies help to understand the growth strategies adopted by them and their potential effect on the market. The analysis indicates the performance potential of a firm in the market with respect to its competitors. Every company follows its own business strategy to attain the maximum market share. The companies were evaluated depending on annual reports, SEC filings, and press releases.
The study cracks market demand in 15+ high-growth markets in the regions. Region wise, the global Luminaire and Lighting Control Market share has been studied across North America, Asia-Pacific, Europe, and LAMEA. In term of quantitative analysis, AMR offers market sizing in terms value. Furthermore, the study covers market forecast till 2030 along with its compound annual growth rate at segment and country level. Along with this, key market trends and Y-O-Y are covered under the same section/analysis.
Key Data Points Included in Luminaire and Lighting Control Market Report
- The Luminaire and Lighting Control Market analysis covers detailed information pertaining to industry and major industry participants.
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Major countries have been mapped according to their individual revenue contribution to the regional market.
- The report outlines the current market trends and future scenario of the global Luminaire and Lighting Control Market to understand the prevailing opportunities and potential investment pockets.
- The key drivers, restraints, and opportunities and their detailed impact analysis are elucidated in the study.
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Segmental and Competition Dashboard
In the segmental analysis chapter, the report provides key trends, dynamics, qualitative and quantitative information related to each product segment. The report segments the global Luminaire and Lighting Control Market based on financial services, distribution channel. This analysis will be covered at regional and country level for current and estimated years, i.e., 2021–2030.
Competition dashboard offers key information related to market structure and Luminaire and Lighting Control Market share analysis for top players. Along with this, company profiles will be covered under same section, which includes company description, financial analysis, and key developments. The report further features these companies in the competitive landscape chapter, which covers product/service mapping of top players, competitive dashboard, competitive heat map, and key developments between forecast period.
Key Market Segments
- Lighting Control
- Restaurants and Hotels
- Healthcare Facilities
- Educational Institutions
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of AMR, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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