Global Lighting Control Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Indoor and outdoor Market Segments by Installation Type New installation and retrofit installation Market Segments by Connection Type Wired and wireless Market Segments by Product LED driver, sensors, switches & dimmers, relay units and gateways Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies NameGeneral Electric, Cree Inc., Osram, Philips, and Lutron Trend Growth Rate and CAGR12% Key Industry Forecast The global lighting control market is expected to reach an estimated $21.1 billion by 2023 with a CAGR of 12% from 2018 to Key Industry Driver Driver: Increasing adoption of Internet of Things (IoT) in the lighting industry, rising utility costs, and favorable government regulations for energy efficiency 2

Industry Overview Market Size The global lighting control market is expected to reach an estimated $21.1 billion by 2023 with a CAGR of 12% from 2018 to Emerging trends, which have a direct impact on the dynamics of the automotive electronic control unit industry, include the integration of multiple ECUs to reduce cost, and the development of ECUs for autonomous driving. Market Size (2023)$21.1 billion CAGR ( )12% 3 Industry Performance : Forecast