The smart lighting market size was valued at USD 11,236.5 million in 2023 and is expected to grow at a significant CAGR of 16.8% during the forecast period 2024-2030. The growth of the market is majorly driven by increasing trends towards smart homes.

With smart lighting, users can utilize remote devices like smartphones or tablets to adjust and personalize the lighting in a facility. It may be used to generate a range of lighting conditions for various tasks or events and is energy-efficient, customizable, and easy.

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The Smart Lighting Market segmentation:
1) By Component: Hardware, Software, Services.
2) By Lighting Type: LED, Halogen, Incandescent, Fluorescent, CFL.
3) By Connectivity: Bluetooth, Zigbee, WiFi, DALI, Others.
4) By Application: Indoor, Outdoor.
5) By End User: esidential, Commercial, Industrial, Smart Cities, Automotive, Others.

Based on its Segmentations, and its many positive attributes, an electric light having a filament that is heated until it glows is known as an incandescent light bulb, incandescent lamp, or incandescent light globe. To keep the filament from oxidizing, it is encased in a glass bulb that is either empty or filled with inert gas. Terminals or wires inserted into the glass provide electricity to the filament. Electrical connections and mechanical support are offered by a bulb socket.

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The prominent key players operating in the Smart Lighting Market is Acuity Brands, Inc, Cisco Systems, Inc, Cree, Inc, Eaton, Deco Lighting, Inc, Dialight, General Electric, Honeywell International Inc, Koninklijke Philips N.V, Syska, Tungsram

Scope of The Report:

·         The Smart Lighting Market research report includes historical data, trending features, and market growth estimates for the future.

·         The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.

·         The market report helps to provide the best results for business enhancement and business growth.

·         The report gives a comprehensive overview of both primary and secondary data. 

·         The market key players covered here to help them strengthen their place in the market.

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