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  • GLOBAL SMART LIGHT FIXTURE (LED, HID), CONTROL (Sensor, Ballast, Relays & Switches) & SERVICES MARKET: 2015-2020

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    BIS Research is a leading market intelligence and technology research company. BIS Research

    publishes in-depth market intelligence reports focusing on the market estimations, technology

    analysis, emerging high-growth applications, deeply segmented granular country-level market

    data and other important market parameters useful in the strategic decision making for senior

    management. BIS Research provides multi-client reports, company profiles, databases, and

    custom research services.

    Copyright 2014 BIS Research

    All Rights Reserved. This document contains highly confidential information and is the sole

    property of BIS Research. Disclosing, copying, circulating, quoting or otherwise reproducing

    any or all contents of this document is strictly prohibited. Access to this information is provided

    exclusively for the benefit of the people or organization concerned. It may not be accessed by,

    or offered whether for sale or otherwise to any third party.

    BIS Research Sample Page 2

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    1 MARKET DYNAMICS

    1.1 MARKET OPPORTUNITIES

    1.1.1 THE CHANGING PARADIGM OF LIGHTING INDUSTRY TO ELECTRONICS INDUSTRY

    The advent of smart technologies in the lighting industry has opened the gateways for players

    from a host of industry verticals including control systems, sensors, dimmers and software

    based solutions. The scenario of lighting sector has completely changed with the introduction

    of modern technologies. The image of light bulb as a standalone unit is swiftly changing. The

    smart lighting industry not only involves the lamp, but the sensors that gather information

    from a stimulus, and transfer the information via an interface. The information is read by

    software that generates an appropriate response carried out by the lamp. The response could

    be a change in colour, dimming the illumination, switching on/off, etc.

    Additionally, there has been an influx of wireless connected devices. Technologies such as WiFi,

    Bluetooth and ZigBee are now found in many devices, improving their ease-of-use and

    capabilities. The rapid market adoption of smartphones and tablet computers is not only a

    prime example of this trend, but has also initiated a change in the way people control devices.

    This indicates that industry has made a huge leap in the electronics sector. The association of

    electronics with lighting has a vast array of advantages such as reduction in the energy

    consumption and thus the cost associated with it, increasing comfort for users, and widespread

    functionalities.

    Moreover, the adoption of LEDs as genuine light sources is the most promising aspect of the

    smart lighting industry. LED production has driven the emergence of a number of

    semiconductor companies into the smart lighting market.

    Once the industry comes to term with eradicating the compatibility issues between different

    electronic components and lights fixtures the opportunities are vast for the industry.

    BIS Research Sample Page 3

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    2 SMART LIGHTING MARKET BY LIGHTING TYPE

    2.1 INTRODUCTION

    The lighting industry has undergone profound transformations ever since the first incandescent

    lamp, an artificial source of light, was developed by Edison back in the 1879. With advancing

    technologies and the inclination of the lighting industry towards becoming an electronics

    industry, the incandescent bulb will indeed, if not yet, become an antique in the coming years.

    The concept of smart lighting has brought forth the feature of having high quality illumination

    while minimizing the energy consumption.

    A proper definition of smart lights will be those light sources that help conserve energy and

    operate for an extended period compared to conventional light sources while producing desired

    illumination levels. There are certain pain points that effect the adoption of smart lights on a

    wider scale such as r high initial cost investment compared to incandescent light sources,

    however, smart lights ensure an early and high levels of ROI (Return on Investment) owing to

    their energy efficiency and long life.

    FIGURE 1

    THE TYPES OF SMART LIGHTS

    Source: BIS Research

    BIS Research Sample Page 4

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    The market enjoys the presence of a large number of players from a diverse range of industry

    verticals. The smart lighting market is broken down into different lighting types such as LEDs,

    Fluorescent lamps, etc. The next sections will be discussing the market scenario, dynamics and

    key players for the different lighting type namely-LEDs, Fluorescent Light, Compact

    Fluorescent lights, and HIDs.

    2.1.1 MARKET STATISTICS

    TABLE 1

    FIXTURE MARKET REVENUE BY TYPE ($BILLION), 2015-2020

    Fixture 2014 2015 2016 2017 2018 2019 2020 CAGR

    LED XX XX XX XX XX XX XX XX%

    HID XX XX XX XX XX XX XX XX%

    Total XX XX XX XX XX XX XX XX%

    Source: BIS Research

    The global smart lighting fixture market accounted for revenue of $XX billion in 2014,

    comprising of only LEDs and HID lamps and luminaries. The year 2014 marked the hegemony

    of HID lamps, primarily due to its higher cost and voluminous demand, but the trend will take

    a back flip in the favour of LED fixtures. LEDs will be responsible for revenue of $XX billion by

    2020 at an estimated CAGR of XX% from 2015 to 2020.

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  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    2.2 VALUE CHAIN ANALYSIS OF THE GLOBAL LED MARKET (LED COMPONNET INDUSTRY)

    FIGURE 2

    VALUE CHAIN ANALYSIS FOR GLOBAL LED COMPONENT INDUSTRY

    Source: BIS Research, Hindawi Publications

    BIS Research Sample Page 6

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    2.3 HIGH INTENSITY DISCHARGHE LAMPS

    2.3.1 MARKET STATISTICS

    TABLE 2

    COMMERCIAL HID FIXTURE MARKET VALUE ($ BILLION), 2015-2020

    Application 2014 2015 2016 2017 2018 2019 2020 CAGR

    Office Buildings XX XX XX XX XX XX XX XX%

    Retail XX XX XX XX XX XX XX XX%

    Hospitality XX XX XX XX XX XX XX XX%

    Total XX XX XX XX XX XX XX XX%

    Source: BIS Research

    HID lamps find little or no application in commercial setups such as office buildings, hotels etc.

    The total market size for commercial applications employing HID fixtures accounted for

    approximately $XX billion in 2014, which is expected to fall down to $XX at a negative CAGR of

    XX%.

    TABLE 3

    OTHERS HID FIXTURE MARKET VALUE ($ BILLION), 2015-2020

    Application 2014 2015 2016 2017 2018 2019 2020 CAGR

    Industrial XX XX XX XX XX XX XX XX%

    Architectural XX XX XX XX XX XX XX XX%

    Outdoor XX XX XX XX XX XX XX XX%

    Total XX XX XX XX XX XX XX XX%

    Source: BIS Research

    BIS Research Sample Page 7

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    Street lighting and infrastructural applications such as airports, parks etc find the maximum

    applicability among all other end-uses and therefore this segment bagged the market share of

    $XX billion in 2014. However, with the massive proliferation of LEDs in outdoor applications,

    the market share is expected to drop profoundly, reaching $XX billion by 2020 at a negative

    CAGR of XX% from 2015 to 2020

    BIS Research Sample Page 8

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    3 SMART LIGHT MARKET BY COMPONENTS

    FIGURE 3

    SMART LIGHT COMPONENTS

    Source: BIS Research

    This segment delves with the major components incorporated in a Smart Light Control system.

    Each component serves a different purpose for controlling the lighting system and is

    captivating the interest of electronics component manufacturers across the globe. These

    components are relays and timers, actuators, sensors, ballasts, microcontrollers and

    accessories (remote control, touch screen, etc.).

    BIS Research Sample Page 9

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    4 SMART LIGHTING & CONTROL SYSTEM APPLICATION MARKET

    FIGURE 4

    CLASSIFICATION OF SMART LIGHTING & CONTROL MARKET,

    BY APPLICATION

    Source: BIS Research

    This segment will provide an in-depth analysis of the application verticals for smart lighting and

    control market. The commercial applications discussed in the segment are commercial and

    residential, wherein commercial applications are further divided into hospitality, retail, office

    buildings, institutional, and others.

    BIS Research Sample Page 10

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    FIGURE 5

    LIGHTING REQUIREMENTS IN HOTELS

    Source: BIS Research

    It might not be necessary that the above elements are an absolute must for every hotel, but

    for a XX star hotel, spa resort, etc most of them are usually present. In fact the companies

    such as Futronix, Osram provide individual lighting and control solutions for such applications.

    Companies such as Leviton, took a step ahead with innovative wireless products to make the

    existing lighting smart lights. The Self-Powered Lighting Control Solutions by LevNet RF

    (Leviton), are easy to add wireless control for lighting, heating, and cooling for guests

    comfort.

    BIS Research Sample Page 11

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    FIGURE 6

    WHY CONVENTIONAL STREET LIGHTING SYSTEM WILL BECOME

    OBSOLETE IN THE FUTURE?

    Source: BIS Research

    The issues revolving around the conventional street lights are being addressed with the

    proliferation of solid state lighting (LEDs), control systems, and advanced software solution in

    the market. Certain developments from the leading market players have further aggravated

    the market scenario, with strategic collaborations and acquisitions. For instance in 2014 itself,

    Networking giant Cisco partnered with Sensity Systems to target the increasingly vibrant smart

    city market, with a solution to convert street lighting infrastructure into a sensor network to

    support many applications. Yet another collaboration between two monoliths of the lighting

    and communication technology market, Philips and Ericson respectively took place in 2014.

    The companies joined hands to provide the mushrooming cities with better mobile broadband

    connectivity and brighter streets, through smart street lighting.

    BIS Research Sample Page 12

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    5 SMART LIGHTING MARKET BY GEOGRAPHY

    5.1 INTRODUCTION

    This segment covers the region-wise trends in the smart lighting and control market. The

    chapter identifies key growth enablers based on a detailed push and pull force analysis.

    The segment analyses the market dynamics of the industry in the various geographical regions

    by probing into the past and present government regulations, the macro and micro economic

    factors and the various completed, ongoing and future projects. It also takes into consideration

    the mega events taking place in the respective geographies and the impact these events will

    have on the industry.

    The geographies are segmented as follows:

    FIGURE 7

    SMART LIGHT AND CONTROL SEGMENTATION BY GEOGRAPHY

    Source: BIS Research

    BIS Research Sample Page 13

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    6 COMPETITIVE LANDSCAPE (CONTROLS)

    6.1 MARKET ENTROPY

    6.1.1 PRODUCT DEVELOPMENT

    This category includes new product launches by the company as well as upgrade of existing

    products. Product development has accounted for the largest chunk amongst all categories

    resulting in XX% of the developments. Thus, it can be concluded that companies in the Smart

    Light Controls industry are striving hard to achieve groundbreaking advanced solutions. This

    means that the industry is at its embryonic stage and more and more products will be

    introduced in the market as the market seeks to mature. It is, thus vital for companies to

    develop new products and commercialize them in order to maintain or grow the market size.

    With automation systems and a diverse range of control systems finding critical applications in

    the lighting industry, the Smart Light and Control market is set to take the world by a storm.

    The control industry includes such asdimmers, gateways, and sensors among others that have

    not only helped optimize the consumption of light but are presenting an entirely new prospect

    of Human Centric Lighting. The Smart Lighting and Control industry in itself is an emerging

    industry which is expected to grow at the rate of knots over the next decade. Further, Human

    Centric Lighting is a relatively new concept that acquires approximately XX% of the present

    market. However, it is expected to grow and take over XX% of the market over the next five

    years. So, it is anticipated that the product development segment will continue to rise in the

    coming years.

    XX%

    13%

    XX%

    XX%XX%

    34%

    Product Development

    He

    Ac

    Ea

    Ma

    NX

    Oth

    Source: BIS Research

    BIS Research Sample Page 14

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    6.2 COMPETITIVE BENCHMARKING

    The percentage share of various development activities undertaken by a company does not

    give true picture of the impact of those development activities on the company and the

    market. For this reason through our analysis and inputs from industry experts we have arrived

    at a weighted score by attributing specific score to different development activity. The score

    has been given on a scale of XX to XX. The allotment scores product launch-XX, partnership/

    joint venture/collaboration-XX, funding-XX, product upgrade-XX, business expansion/contract-

    XX, mergers/acquisitions-XX, and events-XX.

    XXXXXXXXXXXXXXXXXX

    Weighted Score

    Source: BIS Research

    Based on our calculations we have arrived at weighted score for each key players identified in

    the Lighting Control market. The weighted scores have been segmented into three clusters.

    BIS Research Sample Page 15

  • Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast,

    Relays and Switches) & Services Market: 2015-2020

    7 CO...

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