1 / 8

Lighting as a Service Market To Witness A Phenomenal Growth by 2021

The lighting as a service market is expected to grow from an estimated USD 95.3 Million in 2016 to USD 638.68 Million by 2021, growing a CAGR of 46.3% from 2016 to 2021. The global market is witnessing significant growth on account of the increase in demand for energy efficient lighting systems, and government policies supporting adoption of energy efficient lighting systems over traditional lighting. Increasing convergence of Internet of Things (IoT) with lighting is also expected to drive the demand for the lighting as a service market across the globe.<br>Browse 70 market data Tables and 50 Figures spread through 146 Pages and in-depth TOC on "Lighting as a Service Market”<br>https://www.marketsandmarkets.com/Market-Reports/lighting-as-a-service-market-117526361.html <br>

Dsiddhant
Download Presentation

Lighting as a Service Market To Witness A Phenomenal Growth by 2021

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Lighting as a Service Market by End-User, Installation, Component, and Region - Global Forecast to 2021 www.MarketsandMarkets.com

  2. The lighting as a service market is expected to grow from an estimated USD 95.3 Million in 2016 to USD 638.68 Million by 2021, growing a CAGR of 46.3% from 2016 to 2021. The global market is witnessing significant growth on account of the increase in demand for energy efficient lighting systems, and government policies supporting adoption of energy efficient lighting systems over traditional lighting. Increasing convergence of Internet of Things (IoT) with lighting is also expected to drive the demand for the lighting as a service market across the globe. Don't miss out on business opportunities in Lighting as a Service Market. Download PDF Brochure and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117526361

  3. North America: The leading market for lighting as a service North America is expected to dominate the global lighting as a service market, and is driven by demand from commercial establishments keen to leverage the cost saving potential of efficient lighting systems and government policy support to phase out traditional lighting systems to reduce energy consumption in the region. It is closely followed by Europe. Browse and in-depth TOC on "Lighting as a Service Market" 70 - Tables 50 - Figures 146 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/lighting-as-a-service-market-117526361.html

  4. Commercial segment is expected to be the dominant end-user in the global lighting as a service market The commercial segment is expected to dominate the global lighting as a service market during the forecast period, whereas the municipal segment is expected to constitute the fastest growing segment, by end-user. Energy savings and cost reductions promised by lighting as a service constitute an attractive offer for commercial end users in view of the increasing corporate focus on sustainability and energy efficiency. Request for Customization : https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=117526361

  5. The indoor segment is expected to hold the largest share in the lighting as a service market, by installation, during the forecast period The indoor segment led the overall lighting as a service market in 2015, owing to the increasing electricity demand from the commercial sector. However, the outdoor segment is expected to register the higher growth rate during the forecast period. Increasing convergence of IoT for street lighting design and efficient utilization is the main driver behind the growth of the outdoor installation segment in the lighting as a service market. Outdoor installation covers street lighting, park and recreational areas, and parking garages, among others. Request for Free Sample Report @https://www.marketsandmarkets.com/requestsampleNew.asp?id=117526361

  6. Target Audience: • Lighting manufacturers • Lighting as a Service providers • Research institutes and organizations • Lighting control manufacturers • Lighting industry associations • Technology standards organizations, alliances, and associations • Government bodies, and private Equity firms • Institutional investors • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=117526361

  7. Key players – • Koninklijke Philips N.V. (Netherlands), • General Electric Lighting (U.S.), • ZumtobelGroup AG (Austria), • SIB Lighting (U.S.), • LuneraLighting (U.S.), • Igor Inc. (U.S.), • Itelecom(Chile), • Cree Inc. (U.S.), etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=117526361

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

More Related