Lighting

The Global Commercial Lighting Controls Market Expected to Reach $3.67 Billion by 2020

Our new research report "Smart Buildings: The Lighting Controls Business 2015 to 2020" is an objective assessment of the global commercial lighting controls market; which brings together all the factors that influence this industries future. The world value of commercial lighting control products in 2015 will be approximately $2.2 billion at factory gate prices. Memoori also forecasts that the global market for lighting controls will grow at a CAGR of 10.6% to 2020. The transition to LEDs for lighting has come at the same time as the development of the Internet of Things (IoT), which is poised to disrupt Building Automation. A subject we have written extensively about in our previous research "The Transformation of BAS into the Building Internet of Things 2015 to 2020". This merging of different technologies opens up the possibility for lighting control to play a much more important role in the building controls industry. This together with wireless networking technology […]

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