Lucintel Forecasts The Global Lighting Control Market To Reach $58 Billion By 2030

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According to a market report by Lucintel, the future of the global lighting control market looks promising with opportunities the indoor and outdoor markets. The global lighting control market is expected to reach an estimated $58 billion by 2030 from $20 billion in 2023 at a CAGR of 16.3% from 2023 to 2030. The major drivers for this market are growing emphasis on reducing energy consumption, stringent regulations promoting energy-efficient lighting solutions, and increasing integration of lighting controls in smart building systems.
A more than 150-page report to understand trends, opportunity and forecast in lighting control market to 2030 by product type (led drivers, sensors, switches & dimmers, relay units, and gateways), connection type (wired and wireless), installation type (new installation and retrofit installation), application (indoor and outdoor), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Lucintel forecasts that LED driver is expected to witness the highest growth over the forecast period.
Within this market, indoor is expected to witness the higher growth. ...
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Download sample by clicking on lighting control market.
General Electric, Cree, Osram, Philips, Lutron, Leviton Manufacturing, Legrand are the major suppliers in the lighting control market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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