Smart Lighting Market Research : A Global Analysis

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<ul><li><p>GLOBAL SMART LIGHT FIXTURE (LED, HID), CONTROL (Sensor, Ballast, Relays &amp; Switches) &amp; SERVICES MARKET: 2015-2020 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>BIS Research is a leading market intelligence and technology research company. BIS Research </p><p>publishes in-depth market intelligence reports focusing on the market estimations, technology </p><p>analysis, emerging high-growth applications, deeply segmented granular country-level market </p><p>data and other important market parameters useful in the strategic decision making for senior </p><p>management. BIS Research provides multi-client reports, company profiles, databases, and </p><p>custom research services. </p><p>Copyright 2014 BIS Research </p><p>All Rights Reserved. This document contains highly confidential information and is the sole </p><p>property of BIS Research. Disclosing, copying, circulating, quoting or otherwise reproducing </p><p>any or all contents of this document is strictly prohibited. Access to this information is provided </p><p>exclusively for the benefit of the people or organization concerned. It may not be accessed by, </p><p>or offered whether for sale or otherwise to any third party. </p><p>BIS Research Sample Page 2 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>1 MARKET DYNAMICS </p><p>1.1 MARKET OPPORTUNITIES </p><p>1.1.1 THE CHANGING PARADIGM OF LIGHTING INDUSTRY TO ELECTRONICS INDUSTRY </p><p>The advent of smart technologies in the lighting industry has opened the gateways for players </p><p>from a host of industry verticals including control systems, sensors, dimmers and software </p><p>based solutions. The scenario of lighting sector has completely changed with the introduction </p><p>of modern technologies. The image of light bulb as a standalone unit is swiftly changing. The </p><p>smart lighting industry not only involves the lamp, but the sensors that gather information </p><p>from a stimulus, and transfer the information via an interface. The information is read by </p><p>software that generates an appropriate response carried out by the lamp. The response could </p><p>be a change in colour, dimming the illumination, switching on/off, etc. </p><p>Additionally, there has been an influx of wireless connected devices. Technologies such as WiFi, </p><p>Bluetooth and ZigBee are now found in many devices, improving their ease-of-use and </p><p>capabilities. The rapid market adoption of smartphones and tablet computers is not only a </p><p>prime example of this trend, but has also initiated a change in the way people control devices. </p><p>This indicates that industry has made a huge leap in the electronics sector. The association of </p><p>electronics with lighting has a vast array of advantages such as reduction in the energy </p><p>consumption and thus the cost associated with it, increasing comfort for users, and widespread </p><p>functionalities. </p><p>Moreover, the adoption of LEDs as genuine light sources is the most promising aspect of the </p><p>smart lighting industry. LED production has driven the emergence of a number of </p><p>semiconductor companies into the smart lighting market. </p><p>Once the industry comes to term with eradicating the compatibility issues between different </p><p>electronic components and lights fixtures the opportunities are vast for the industry. </p><p>BIS Research Sample Page 3 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>2 SMART LIGHTING MARKET BY LIGHTING TYPE </p><p>2.1 INTRODUCTION </p><p>The lighting industry has undergone profound transformations ever since the first incandescent </p><p>lamp, an artificial source of light, was developed by Edison back in the 1879. With advancing </p><p>technologies and the inclination of the lighting industry towards becoming an electronics </p><p>industry, the incandescent bulb will indeed, if not yet, become an antique in the coming years. </p><p>The concept of smart lighting has brought forth the feature of having high quality illumination </p><p>while minimizing the energy consumption. </p><p>A proper definition of smart lights will be those light sources that help conserve energy and </p><p>operate for an extended period compared to conventional light sources while producing desired </p><p>illumination levels. There are certain pain points that effect the adoption of smart lights on a </p><p>wider scale such as r high initial cost investment compared to incandescent light sources, </p><p>however, smart lights ensure an early and high levels of ROI (Return on Investment) owing to </p><p>their energy efficiency and long life. </p><p> FIGURE 1 </p><p>THE TYPES OF SMART LIGHTS </p><p>Source: BIS Research </p><p>BIS Research Sample Page 4 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>The market enjoys the presence of a large number of players from a diverse range of industry </p><p>verticals. The smart lighting market is broken down into different lighting types such as LEDs, </p><p>Fluorescent lamps, etc. The next sections will be discussing the market scenario, dynamics and </p><p>key players for the different lighting type namely-LEDs, Fluorescent Light, Compact </p><p>Fluorescent lights, and HIDs. </p><p>2.1.1 MARKET STATISTICS </p><p> TABLE 1 </p><p>FIXTURE MARKET REVENUE BY TYPE ($BILLION), 2015-2020 </p><p> Fixture 2014 2015 2016 2017 2018 2019 2020 CAGR </p><p>LED XX XX XX XX XX XX XX XX% </p><p>HID XX XX XX XX XX XX XX XX% </p><p>Total XX XX XX XX XX XX XX XX% </p><p>Source: BIS Research </p><p>The global smart lighting fixture market accounted for revenue of $XX billion in 2014, </p><p>comprising of only LEDs and HID lamps and luminaries. The year 2014 marked the hegemony </p><p>of HID lamps, primarily due to its higher cost and voluminous demand, but the trend will take </p><p>a back flip in the favour of LED fixtures. LEDs will be responsible for revenue of $XX billion by </p><p>2020 at an estimated CAGR of XX% from 2015 to 2020. </p><p>BIS Research Sample Page 5 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>2.2 VALUE CHAIN ANALYSIS OF THE GLOBAL LED MARKET (LED COMPONNET INDUSTRY) </p><p> FIGURE 2 </p><p>VALUE CHAIN ANALYSIS FOR GLOBAL LED COMPONENT INDUSTRY </p><p>Source: BIS Research, Hindawi Publications </p><p>BIS Research Sample Page 6 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>2.3 HIGH INTENSITY DISCHARGHE LAMPS </p><p>2.3.1 MARKET STATISTICS </p><p> TABLE 2 </p><p>COMMERCIAL HID FIXTURE MARKET VALUE ($ BILLION), 2015-2020 </p><p> Application 2014 2015 2016 2017 2018 2019 2020 CAGR </p><p>Office Buildings XX XX XX XX XX XX XX XX% </p><p>Retail XX XX XX XX XX XX XX XX% </p><p>Hospitality XX XX XX XX XX XX XX XX% </p><p>Total XX XX XX XX XX XX XX XX% </p><p>Source: BIS Research </p><p>HID lamps find little or no application in commercial setups such as office buildings, hotels etc. </p><p>The total market size for commercial applications employing HID fixtures accounted for </p><p>approximately $XX billion in 2014, which is expected to fall down to $XX at a negative CAGR of </p><p>XX%. </p><p> TABLE 3 </p><p>OTHERS HID FIXTURE MARKET VALUE ($ BILLION), 2015-2020 </p><p> Application 2014 2015 2016 2017 2018 2019 2020 CAGR </p><p>Industrial XX XX XX XX XX XX XX XX% </p><p>Architectural XX XX XX XX XX XX XX XX% </p><p>Outdoor XX XX XX XX XX XX XX XX% </p><p>Total XX XX XX XX XX XX XX XX% </p><p>Source: BIS Research </p><p>BIS Research Sample Page 7 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>Street lighting and infrastructural applications such as airports, parks etc find the maximum </p><p>applicability among all other end-uses and therefore this segment bagged the market share of </p><p>$XX billion in 2014. However, with the massive proliferation of LEDs in outdoor applications, </p><p>the market share is expected to drop profoundly, reaching $XX billion by 2020 at a negative </p><p>CAGR of XX% from 2015 to 2020 </p><p>BIS Research Sample Page 8 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>3 SMART LIGHT MARKET BY COMPONENTS </p><p> FIGURE 3 </p><p>SMART LIGHT COMPONENTS </p><p>Source: BIS Research </p><p>This segment delves with the major components incorporated in a Smart Light Control system. </p><p>Each component serves a different purpose for controlling the lighting system and is </p><p>captivating the interest of electronics component manufacturers across the globe. These </p><p>components are relays and timers, actuators, sensors, ballasts, microcontrollers and </p><p>accessories (remote control, touch screen, etc.). </p><p>BIS Research Sample Page 9 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>4 SMART LIGHTING &amp; CONTROL SYSTEM APPLICATION MARKET </p><p> FIGURE 4 </p><p>CLASSIFICATION OF SMART LIGHTING &amp; CONTROL MARKET, </p><p>BY APPLICATION </p><p>Source: BIS Research </p><p>This segment will provide an in-depth analysis of the application verticals for smart lighting and </p><p>control market. The commercial applications discussed in the segment are commercial and </p><p>residential, wherein commercial applications are further divided into hospitality, retail, office </p><p>buildings, institutional, and others. </p><p>BIS Research Sample Page 10 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p> FIGURE 5 </p><p>LIGHTING REQUIREMENTS IN HOTELS </p><p>Source: BIS Research </p><p>It might not be necessary that the above elements are an absolute must for every hotel, but </p><p>for a XX star hotel, spa resort, etc most of them are usually present. In fact the companies </p><p>such as Futronix, Osram provide individual lighting and control solutions for such applications. </p><p>Companies such as Leviton, took a step ahead with innovative wireless products to make the </p><p>existing lighting smart lights. The Self-Powered Lighting Control Solutions by LevNet RF </p><p>(Leviton), are easy to add wireless control for lighting, heating, and cooling for guests </p><p>comfort. </p><p>BIS Research Sample Page 11 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p> FIGURE 6 </p><p>WHY CONVENTIONAL STREET LIGHTING SYSTEM WILL BECOME </p><p>OBSOLETE IN THE FUTURE? </p><p>Source: BIS Research </p><p>The issues revolving around the conventional street lights are being addressed with the </p><p>proliferation of solid state lighting (LEDs), control systems, and advanced software solution in </p><p>the market. Certain developments from the leading market players have further aggravated </p><p>the market scenario, with strategic collaborations and acquisitions. For instance in 2014 itself, </p><p>Networking giant Cisco partnered with Sensity Systems to target the increasingly vibrant smart </p><p>city market, with a solution to convert street lighting infrastructure into a sensor network to </p><p>support many applications. Yet another collaboration between two monoliths of the lighting </p><p>and communication technology market, Philips and Ericson respectively took place in 2014. </p><p>The companies joined hands to provide the mushrooming cities with better mobile broadband </p><p>connectivity and brighter streets, through smart street lighting. </p><p>BIS Research Sample Page 12 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>5 SMART LIGHTING MARKET BY GEOGRAPHY </p><p>5.1 INTRODUCTION </p><p>This segment covers the region-wise trends in the smart lighting and control market. The </p><p>chapter identifies key growth enablers based on a detailed push and pull force analysis. </p><p>The segment analyses the market dynamics of the industry in the various geographical regions </p><p>by probing into the past and present government regulations, the macro and micro economic </p><p>factors and the various completed, ongoing and future projects. It also takes into consideration </p><p>the mega events taking place in the respective geographies and the impact these events will </p><p>have on the industry. </p><p>The geographies are segmented as follows: </p><p> FIGURE 7 </p><p>SMART LIGHT AND CONTROL SEGMENTATION BY GEOGRAPHY </p><p>Source: BIS Research </p><p>BIS Research Sample Page 13 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>6 COMPETITIVE LANDSCAPE (CONTROLS) </p><p>6.1 MARKET ENTROPY </p><p>6.1.1 PRODUCT DEVELOPMENT </p><p>This category includes new product launches by the company as well as upgrade of existing </p><p>products. Product development has accounted for the largest chunk amongst all categories </p><p>resulting in XX% of the developments. Thus, it can be concluded that companies in the Smart </p><p>Light Controls industry are striving hard to achieve groundbreaking advanced solutions. This </p><p>means that the industry is at its embryonic stage and more and more products will be </p><p>introduced in the market as the market seeks to mature. It is, thus vital for companies to </p><p>develop new products and commercialize them in order to maintain or grow the market size. </p><p>With automation systems and a diverse range of control systems finding critical applications in </p><p>the lighting industry, the Smart Light and Control market is set to take the world by a storm. </p><p>The control industry includes such asdimmers, gateways, and sensors among others that have </p><p>not only helped optimize the consumption of light but are presenting an entirely new prospect </p><p>of Human Centric Lighting. The Smart Lighting and Control industry in itself is an emerging </p><p>industry which is expected to grow at the rate of knots over the next decade. Further, Human </p><p>Centric Lighting is a relatively new concept that acquires approximately XX% of the present </p><p>market. However, it is expected to grow and take over XX% of the market over the next five </p><p>years. So, it is anticipated that the product development segment will continue to rise in the </p><p>coming years. </p><p>XX%</p><p>13%</p><p>XX%</p><p>XX%XX%</p><p>34%</p><p>Product Development</p><p>He</p><p>Ac </p><p>Ea</p><p>Ma </p><p>NX </p><p>Oth</p><p>Source: BIS Research </p><p>BIS Research Sample Page 14 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>6.2 COMPETITIVE BENCHMARKING </p><p>The percentage share of various development activities undertaken by a company does not </p><p>give true picture of the impact of those development activities on the company and the </p><p>market. For this reason through our analysis and inputs from industry experts we have arrived </p><p>at a weighted score by attributing specific score to different development activity. The score </p><p>has been given on a scale of XX to XX. The allotment scores product launch-XX, partnership/ </p><p>joint venture/collaboration-XX, funding-XX, product upgrade-XX, business expansion/contract-</p><p>XX, mergers/acquisitions-XX, and events-XX. </p><p>XXXXXXXXXXXXXXXXXX</p><p>Weighted Score </p><p>Source: BIS Research </p><p>Based on our calculations we have arrived at weighted score for each key players identified in </p><p>the Lighting Control market. The weighted scores have been segmented into three clusters. </p><p>BIS Research Sample Page 15 </p></li><li><p>Global Smart Light Fixture (LED, HID), Control (Sensor, Ballast, </p><p>Relays and Switches) &amp; Services Market: 2015-2020 </p><p>7 CO...</p></li></ul>

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