End Use Application [Indoor (Residential, Commercial, Industrial), Outdoor (Highways & Roadways Lighting, Architectural Lighting, Lighting for Public Places)]
The indoor segment in the lighting control system market is expected to generate the highest revenue share by the end of 2037. The growth of the segment can be attributed to growth in number of commercial spaces such as school, malls, and more. Not only in office spaces and industries but the adoption of lighting control system by residential sector is also experiencing surge. Moreover, growth in construction of luxury house is also estimated to influence the demand for lighting control system.
Component [Hardware (LED Drivers & Ballasts, Sensors, Switches & Dimmers, Relay Units, Gateways, Others), Software, Services]
Lighting control system market from the software segment is projected to grow at the highest CAGR of 17.79% over the forecast period. A wide range of software and applications are available for the implementation of lighting control systems. A wide range of tasks may be carried out by the software, such as finding control points, establishing control points to zones, programming sequences of operation for zones, calibrating sensors, tracking control points, sending service alerts/alarms, keeping track of energy use and other data collected, backing up data and event logs, and creating users/access levels.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Abhishek Verma
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