Lighting as a Service Market is expected to grow at a CAGR of 46.3% from 2016 to 2021Energy MarketingUpdated on Sep 25, 2018 View more like this | Visit India, UN | Contact MNM |
The report "Lighting as a Service Market by End-User (Commercial, Municipal, and Industrial), Installation (Indoor, and Outdoor), Component (Luminaires, Software & Communication Systems, and Maintenance Services), and Region - Global Forecast to 2021", The lighting as a service market is expected to grow from an estimated USD 95.3 Million in 2016 to USD 638.68 Million by 2021, registering a CAGR of 46.3% from 2016 to 2021.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the lighting as a service market. These players include Koninklijke Philips N.V (Netherlands), General Electric Lighting (U.S.), Zumtobel Group AG (Austria), SIB Lighting (U.S.), Lunera Lighting (U.S.), Igor Inc. (U.S.) and Cree Inc. (U.S.). Leading players are trying to penetrate developing economies and are adopting various strategies to increase their market share.
Get Sample Copy for More Information@ https://www.marketsandmarkets.com/requestsample.asp?id=117526361
Scope of the Report:
• By End-User
o Commercial
o Industrial
o Municipal
• By Components
o Luminaries & control equipment
o Software’s & communication systems
o Maintenance & Other services
• By Installation
o Indoor
o Outdoor
• By Region
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East & Africa
Browse 70 market data Tables and 50 Figures spread through 146 Pages and in-depth TOC on "Lighting as a Service Market - Global Forecast to 2021"
The global market is witnessing significant growth on account of the increase in demand for energy efficient lighting systems, and government policies supporting adoption of energy efficient lighting systems over traditional lighting. Increasing convergence of Internet of Things (IoT) with lighting is also expected to drive the demand for the lighting as a service market across the globe.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=117526361
The indoor segment is expected to hold the largest share in the lighting as a service market, by installation, during the forecast period
The indoor segment led the overall lighting as a service market in 2015, owing to the increasing electricity demand from the commercial sector. However, the outdoor segment is expected to register the higher growth rate during the forecast period. Increasing convergence of IoT for street lighting design and efficient utilization is the main driver behind the growth of the outdoor installation segment in the lighting as a service market. Outdoor installation covers street lighting, park and recreational areas, and parking garages, among others.
Commercial segment is expected to be the dominant end-user in the global lighting as a service market
The commercial segment is expected to dominate the global lighting as a service market during the forecast period, whereas the municipal segment is expected to constitute the fastest growing segment, by end-user. Energy savings and cost reductions promised by lighting as a service constitute an attractive offer for commercial end users in view of the increasing corporate focus on sustainability and energy efficiency.
Buy This Report @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=117526361
North America: The leading market for lighting as a service
North America is expected to dominate the global lighting as a service market, and is driven by demand from commercial establishments keen to leverage the cost saving potential of efficient lighting systems and government policy support to phase out traditional lighting systems to reduce energy consumption in the region. It is closely followed by Europe.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the lighting as a service market. These players include Koninklijke Philips N.V (Netherlands), General Electric Lighting (U.S.), Zumtobel Group AG (Austria), SIB Lighting (U.S.), Lunera Lighting (U.S.), Igor Inc. (U.S.) and Cree Inc. (U.S.). Leading players are trying to penetrate developing economies and are adopting various strategies to increase their market share.
Get Sample Copy for More Information@ https://www.marketsandmarkets.com/requestsample.asp?id=117526361
Scope of the Report:
• By End-User
o Commercial
o Industrial
o Municipal
• By Components
o Luminaries & control equipment
o Software’s & communication systems
o Maintenance & Other services
• By Installation
o Indoor
o Outdoor
• By Region
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East & Africa
Browse 70 market data Tables and 50 Figures spread through 146 Pages and in-depth TOC on "Lighting as a Service Market - Global Forecast to 2021"
The global market is witnessing significant growth on account of the increase in demand for energy efficient lighting systems, and government policies supporting adoption of energy efficient lighting systems over traditional lighting. Increasing convergence of Internet of Things (IoT) with lighting is also expected to drive the demand for the lighting as a service market across the globe.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=117526361
The indoor segment is expected to hold the largest share in the lighting as a service market, by installation, during the forecast period
The indoor segment led the overall lighting as a service market in 2015, owing to the increasing electricity demand from the commercial sector. However, the outdoor segment is expected to register the higher growth rate during the forecast period. Increasing convergence of IoT for street lighting design and efficient utilization is the main driver behind the growth of the outdoor installation segment in the lighting as a service market. Outdoor installation covers street lighting, park and recreational areas, and parking garages, among others.
Commercial segment is expected to be the dominant end-user in the global lighting as a service market
The commercial segment is expected to dominate the global lighting as a service market during the forecast period, whereas the municipal segment is expected to constitute the fastest growing segment, by end-user. Energy savings and cost reductions promised by lighting as a service constitute an attractive offer for commercial end users in view of the increasing corporate focus on sustainability and energy efficiency.
Buy This Report @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=117526361
North America: The leading market for lighting as a service
North America is expected to dominate the global lighting as a service market, and is driven by demand from commercial establishments keen to leverage the cost saving potential of efficient lighting systems and government policy support to phase out traditional lighting systems to reduce energy consumption in the region. It is closely followed by Europe.
About MarketsandMarkets
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
