The Connected Lighting Platform is a modular development kit for creating industrial and residential LED lighting systems that are both cost-effective and efficient. The platform is incredibly energy efficient, and it has wireless control (on/off, dimming, and so on) as well as two individually controlled LED channels with a maximum brightness of 7000 lumens.
MARKET DYNAMICS
Adoption of connected lighting systems across stadiums for increasing energy efficiency, sustainability, and operation efficiency is driving the growth of the market. The adoption of connected lighting across smart homes for reducing power consumption is also contributing to the growth of the market over the years.
MARKET SCOPE
The "Global Connected Lighting Platform Market Analysis To 2028" is a specialized and in-depth study of the technology, media, and telecommunications industry with a special focus on global market trend analysis. The connected lighting platform market report aims to provide an overview of the connected lighting platform market with detailed market segmentation by component, application, and geography. The global connected lighting platform market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connected lighting platform market player and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global connected lighting platform market is segmented based on component, application. Based on the component, the connected lighting platform market is segmented into hardware, software, services. Based on application, the connected lighting platform market is segmented into street lighting, stadium lighting, smart homes, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global connected lighting platform market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The connected lighting platform market by each region is later sub-segmented by respective countries and segments. The connected lighting platform market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the connected lighting platform market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the connected lighting platform market in these regions.
IMPACT OF COVID-19 ON CONNECTED LIGHTING PLATFORM MARKET
The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a negative impact on the connected lighting platform market. The onset of the pandemic led to adverse impact on the demand side of the market as well as owing to supply chain disruptions, the supply side was also negatively impacted. Such factors negatively impacted the growth of the global connected lighting platform market during the onset of the pandemic.
MARKET PLAYERS
The reports cover key developments in the connected lighting platform market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from connected lighting platform market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the connected lighting platform market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the connected lighting platform market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Semiconductor Components Industries, LLC
- Signify Holding.
- Qualcomm Technologies, Inc.
- Premier Farnell Limited.
- Comarch SA.
- OSRAM GmbH
- LEDVANCE GmbH.
- Legrand
- Cytronic
- Cooper Lighting LLC.