Light Management System Market

Light Management System Market By Function, By End-User, By Application

Category Electronics, Semiconductors and Information & Communication Technology
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Light Management System Market Insights

The global light management system market is projected to grow at a CAGR of approximately 13% during the period of forecast. The growing consumer demand for smart controls in building automation systems and adoption of energy optimizing lighting are likely to drive the global light management system market.

Lighting control systems allow complex lighting scenes to be created without complicated mechanisms. The major factor restraining the growth of the light management system market is a perception of the high cost to the consumer.
 Light Management System Market
Light Management System Market: Function Insights

The light management system market based is segmented into dimming control management, schedule-based management, occupancy-based management, and daylight control management.

Dimming control management is used extensively to reduce the energy consumption of light sources and effectively, the intensity and output of those light sources. Dimming control management includes systems that provide the management of brightness, color, and temperature of lighting. This segment is followed by the occupancy-based management segment, holding the second largest market share. Space occupancy is determined using occupancy sensors.

Light Management System Market: Application Insights

The light management system market is segmented into indoor and outdoor applications. The demand for indoor systems is projected to witness the highest growth over the coming years. This is due to the increasing use of smart lighting controls in the commercial sector across developed and developing countries.

Light Management System Market: End User/ Type Insights

By type, light management systems can be segmented as analog and digital. Digital light management systems include DALI (Digital Addressable Lighting Interface), DSI(Digital Serial Interface) and DMX(Digital Multiplex) based systems among others. Digital light management systems are more commonly found in commercial environments, is very flexible in its deployment and use. These systems are expected to hold a larger market share with its rising usage in commercial and residential areas.

Light Management System Market: Regional Insights

The North American market is expected to dominate the light management system market, by region. The growing investments in smart cities across the world will offer significant opportunities for light management system providers.

The indoor light management system market in the Asia Pacific is expected to grow at the highest CAGR due to the increasing demand in China and India among other emerging economies.
 Light Management System Market
Light Management System Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Light Management System over the coming years. Some leading consumers of this market are Laing O'Rourke, Skanska, and Bechtel among others.

Light Management SystemMarket: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Light Management System Market Share & Competitor Analysis

Some of the leading players in the light management system market are GE, Philips Lighting, Delmatic, Light Management Inc, Bright Light Systems, CIMCON, Eaton, Zumtobel, and OSRAM.

Please note: This is not an exhaustive list of companies profiled in the report.

Companies are developing features that enable gesture controls. General Electric Company provides occupancy sensors with three different technologies which enable users to use sensors as an appropriate solution for their space.

The intensity of activity occurring in the required space and the design of the room determine the level of sensitivity required by the user within the sensor. The technologies include Passive Infrared (PIR), ultrasonic and dual tech. New technological developments are likely to further broaden the market size of light management systems.

In May 2018, Osram launched a light management system for commercial interior and building site spaces. This system, dubbed Encelium Extend Networked LMS, is an advanced lighting control solution combined with a platform for the internet of things. It enables advanced energy reporting, data analytics, building automation system integration and web-accessible control.

During the same time, Philips Lighting, Highlights announced a series of innovations at the LIGHTFAIR International Trade Show and Conference. These innovations include the launch of Philips RoomFlex, a customizable room control system for the hospitality sector to differentiate guest experience. Another is Philips SiteWise, an area lighting management system which helps property managers, building owners, and other site managers to increase energy savings and improve the sense of security in outdoor spaces, such as parking lots and pedestrian walkways.

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The global Light Management System Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Light Management System Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Light Management System Market.

Light Management System Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Light Management System Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Light Management System Market

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