Zumtobel Group

Energy Savings Imperatives Drive 138 Million Smart Light Component Shipments in 2030

Retrieved on: 
Wednesday, March 27, 2024
Research, Government, Nordic Semiconductor, Commercial, Green building, Original equipment manufacturer, Light-emitting diode, Hospital, Honeywell, Building, Tuya, Zumtobel Group, Carbon, Lighting control system, Ecosystem, Lighting, CREE, LEED, LED, NLC

NEW YORK, March 27, 2024 /PRNewswire/ -- Smart Lighting or Network Lighting Control (NLC) is a premium lighting product that has been in the market for more than a decade, offering additional efficiency by automating and dynamically controlling conventional LED systems. Rising operational costs are driving the push for energy efficiency. At the same time, occupant well-being and labor shortages motivate building owners and developers to embrace connected intelligent lighting solutions. According to global technology intelligence firm ABI Research, 138 million smart light components, which include luminaires, sensors, controllers, and switches, will be shipped in 2030 and installed in smart buildings.

Key Points: 
  • At the same time, occupant well-being and labor shortages motivate building owners and developers to embrace connected intelligent lighting solutions.
  • According to global technology intelligence firm ABI Research, 138 million smart light components, which include luminaires, sensors, controllers, and switches, will be shipped in 2030 and installed in smart buildings.
  • The newer luminaire models entering the market will have built-in light sensors to optimize occupant behavior and accommodate seasonal shifts.
  • This report is part of the company's Smart Buildings research service, which includes research, data, and ABI Insights.

Energy Savings Imperatives Drive 138 Million Smart Light Component Shipments in 2030

Retrieved on: 
Wednesday, March 27, 2024
Research, Government, Nordic Semiconductor, Commercial, Green building, Original equipment manufacturer, Light-emitting diode, Hospital, Honeywell, Building, Tuya, Zumtobel Group, Carbon, Lighting control system, Ecosystem, Lighting, CREE, LEED, LED, NLC

NEW YORK, March 27, 2024 /PRNewswire/ -- Smart Lighting or Network Lighting Control (NLC) is a premium lighting product that has been in the market for more than a decade, offering additional efficiency by automating and dynamically controlling conventional LED systems. Rising operational costs are driving the push for energy efficiency. At the same time, occupant well-being and labor shortages motivate building owners and developers to embrace connected intelligent lighting solutions. According to global technology intelligence firm ABI Research, 138 million smart light components, which include luminaires, sensors, controllers, and switches, will be shipped in 2030 and installed in smart buildings.

Key Points: 
  • At the same time, occupant well-being and labor shortages motivate building owners and developers to embrace connected intelligent lighting solutions.
  • According to global technology intelligence firm ABI Research, 138 million smart light components, which include luminaires, sensors, controllers, and switches, will be shipped in 2030 and installed in smart buildings.
  • The newer luminaire models entering the market will have built-in light sensors to optimize occupant behavior and accommodate seasonal shifts.
  • This report is part of the company's Smart Buildings research service, which includes research, data, and ABI Insights.

LED Lighting Market worth $118.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 23, 2024
Software, Zumtobel Group, Partial, Urbanization, Commercial, Constant current, Hardware, Component, LG Electronics, Statistics, Panasonic, Longevity, UV curing, Vertical farming, Light-emitting diode, Driver, Carbon, Savant Systems, Electronics, Lighting, Streets, OSRAM, LED, Information and communications technology, Communication, Renewable energy

Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.

Key Points: 
  • Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.
  • Moreover, the versatility of LED technology, providing options for smart lighting solutions and diverse applications across residential, commercial, and industrial sectors, contributes to the overall expansion and dynamism of the LED lighting market.
  • LED lamps are expected to have a higher market share in the LED lighting market due to several compelling reasons.
  • Asia Pacific is expected to account for the largest market share in the global LED lighting market by 2029.

LED Lighting Market worth $118.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 23, 2024
Software, Zumtobel Group, Partial, Urbanization, Commercial, Constant current, Hardware, Component, LG Electronics, Statistics, Panasonic, Longevity, UV curing, Vertical farming, Light-emitting diode, Driver, Carbon, Savant Systems, Electronics, Lighting, Streets, OSRAM, LED, Information and communications technology, Communication, Renewable energy

Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.

Key Points: 
  • Technological advancements and decreasing production costs have made LED lighting more affordable, further stimulating market growth.
  • Moreover, the versatility of LED technology, providing options for smart lighting solutions and diverse applications across residential, commercial, and industrial sectors, contributes to the overall expansion and dynamism of the LED lighting market.
  • LED lamps are expected to have a higher market share in the LED lighting market due to several compelling reasons.
  • Asia Pacific is expected to account for the largest market share in the global LED lighting market by 2029.

Smart Lighting Market to grow by USD 17.20 billion from 2022 to 2027, The emergence of smart lighting to boost growth- Technavio

Retrieved on: 
Monday, February 5, 2024
Acuity Brands, Growth, Wireless, Telecommunications, Internet of things, Restaurant, IBMS, Hardware, Beauty, USD, Zigbee, Component, Internet, RAB, Interoperability, Hubbell Incorporated, Zumtobel Group, IDEAL, Commercial, Compact, Lighting, Communication, Risk, Heat, LED, Honeywell, Z-Wave, Lighting control system, Video game

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The smart lighting market is estimated to grow by USD 17.20 billion from 2023 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The smart lighting market is estimated to grow by USD 17.20 billion from 2023 to 2027, according to Technavio.
  • The emergence of smart lighting is a key driver boosting the market growth.
  • Smart lighting is revolutionizing Lighting systems by integrating advanced technologies like Zigbee and Z-Wave to create Wireless networks that enable efficient energy use.
  • The Global LED Lighting Market size is estimated to grow by USD 34.82 billion at a CAGR of 7.35% between 2022 and 2027.

Smart Lighting Market size to grow by USD 17.20 billion from 2022 to 2027 | Emergence of smart lighting to drive the growth- Technavio

Retrieved on: 
Wednesday, October 4, 2023
Honeywell, Human, Light-emitting diode, Atmosphere, Electricity, RAB, Temperature, YOY, USD, Government, Zumtobel Group, Acuity Brands, Internet, LED, Universe, House, Nature, Restaurant, IDEAL, Siemens, CO2, Growth, Heat, The Physical World, Ecosystem, Geography, Hubbell Incorporated, Software, Television, Beauty salon, Customer service, Speciality chemicals, Internet of things

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- The smart lighting market is expected to grow by USD 17.20 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Oct. 3, 2023 /PRNewswire/ -- The smart lighting market is expected to grow by USD 17.20 billion from 2022 to 2027.
  • Various features, such as automatic room entry activation and color correction, are available in smart lighting networks.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Get a glance at the market contribution of the segments, Request Free Sample Report
    The piezoelectric market size is estimated to grow at a CAGR of 5.94% between 2022 and 2027.

IoT Integration and Energy Efficiency Drive Growth in the Global Industrial Lighting Market to 2028

Retrieved on: 
Thursday, September 28, 2023
Lighting, Panasonic, Internet of things, Safety, COVID-19, Professional corporation, GE, Osram Opto Semiconductors GmbH, Zumtobel Group, Acuity Brands, Bajaj Electricals, LED, OSRAM, Bajaj Group, UV, Institute of Information Technology Advancement, Longevity, ROI, HID, Beauty salon, Renewable energy, Potash, Growth

The global industrial lighting market is experiencing significant growth, reaching a market size of US$ 8.9 Billion in 2022.

Key Points: 
  • The global industrial lighting market is experiencing significant growth, reaching a market size of US$ 8.9 Billion in 2022.
  • Government Initiatives: Government bodies in various countries are promoting LED industrial lighting in the commercial sector due to its energy efficiency, contributing to market growth.
  • What is the breakup of the global industrial lighting market based on the type?
  • What is the breakup of the global industrial lighting market based on the application?

Stadium Lighting Market to grow by USD 200.48 million from 2022 to 2027 | Market driven by the increase in demand for sustainable stadium lighting - Technavio

Retrieved on: 
Thursday, August 31, 2023
Wipro Enterprises, Human, Light-emitting diode, United States v. General Electric Co., Electronics, Risk, USD, Comprehensive, Zumtobel Group, Acuity Brands, Plant, Bajaj Electricals, LED, HID, OSRAM, Animal, GS, Growth, Quanta Computer, Inc. v. LG Electronics, Inc., Hubbell Incorporated, Geography, Manufacturing, Retail

Consequently, the escalating count of stadium construction and upgrades is projected to amplify the need for stadium lighting.

Key Points: 
  • Consequently, the escalating count of stadium construction and upgrades is projected to amplify the need for stadium lighting.
  • Moreover, stadium lighting enriches the stadium experience for viewers and furnishes sports broadcasters with top-notch visuals, especially for slow-motion playback.
  • Thus, the surge in demand for eco-friendly stadium lighting is poised to steer the progress of the stadium lighting market during the forecast period.
  • Key Trends -The increase in the adoption of LED stadium lighting is an emerging market trend shaping the market growth.

The outdoor LED lighting market size is estimated to be USD 25.7 billion in 2022 and is projected to reach USD 51.5 billion by 2027, at a CAGR of 14.9%

Retrieved on: 
Monday, November 28, 2022
Growth, Communication, Geography, Restriction of Hazardous Substances Directive, Zumtobel Group, Wolfspeed, GE, Panasonic, Policy, Government, USD, Lighting, LED, Urbanization, Pulse, Dangerous, GE Current, Ecological design, Renewable energy, Electric light, EU

View original content:https://www.prnewswire.com/news-releases/the-outdoor-led-lighting-market...

Key Points: 
  • The outdoor LED lighting market size is estimated to be USD 25.7 billion in 2022 and is projected to reach USD 51.5 billion by 2027, at a CAGR of 14.9% during the forecast period.
  • Technological innovations and rising environmental concerns have further accelerated the growth of the outdoor LED lighting market.
  • The streets and roads application segment is likely to dominate the outdoor LED lighting market from 2022 to 2027.
  • Europe is projected to account for the second largest market share in the outdoor LED lighting market.

Outlook on the Emergency Lighting Battery Global Market to 2030 - Featuring Philips Lighting Holding, Hubbell Lighting and Schneider Electric Among Others

Retrieved on: 
Tuesday, September 13, 2022
Adoption, Fire, Safety, Diamond Light Source, Smoke, Engineering, Zumtobel Group, Comparison of commercial battery types, Application, Growth, Industry, 111, Region, LED, NFPA, Schneider Electric, National Fire Protection Association, Cooper Industries, Overheating, Marketing, Acuity Brands, Failure, Renewable energy, Electric light, Electric battery

DUBLIN, Sept. 13, 2022 /PRNewswire/ -- The "Emergency Lighting Battery Market Report, by Battery Type, by Lighting Source, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 13, 2022 /PRNewswire/ -- The "Emergency Lighting Battery Market Report, by Battery Type, by Lighting Source, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
  • Emergency lights consists of one or more incandescent bulbs or one or more clusters of high-intensity light-emitting diodes (LED).
  • These factors are expected to further accelerate growth of the global emergency lighting battery market.
  • Therefore, consumers need to spend extra along with lighting cost and battery cost, which is making these emergency lights expensive, in turn negatively affecting growth of the market.