Global Intelligent Lighting Controls Market – Industry Analysis and Forecast (2019-2026)

The intelligent lighting control system contains multiple lighting fixtures, which are connected in a network to control lighting. It also increases energy efficiency, performance, and customer value. The evolution of smart technology has considerably changed the lighting industry in terms of energy, money-saving and boosted the safety and convenience of the end-users.

An increase in electricity prices across the globe, incorporation of physical security industry with intelligent lighting, shifting paradigm of lighting control industry to electronics industry are some of the driving factors behind the growth of the market. In many countries across the globe, the government has formulated regulations to utilize and manage electricity consumption efficiently, which are expected to drive the market growth.

On the other hand, the high installation cost for intelligent lighting control is expected to limit the adoption of intelligent lighting controls in the global market. Furthermore, the growth of smart homes and wireless lighting control systems are expected to offer key opportunities in the market during the forecast period (2019-2026).

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