The smart lighting market will be valued at USD $4.8 billion by 2026

1. 1 Smart lighting market will be valued USD $4.8 billion by 2026 Sales of smart lighting marketexpected to grow at a CAGR of 25.4% to reach $4.8 billion USD by 2022. This growth is mainly being driven by the growing demand for advanced home and office automation (75%) and the rising global adoption of smart lighting systems across the globe (7%). Due to these advantages, there is a growing demand in the market for maintaining an accurate hold on the latest developments in this technology niche which has made it one of the fastest-growing industries in this application space. Due to such benefits, there is high potential for growth and success in this industry which makes it one of the fastest-growing segments in this domain. This product holds a huge number of benefits which include greater energy efficiency, simpler installation and lower upkeep costs amongst others. These features make these products more appealing than consumer alternatives that offer no increase in efficiency or gain from upgrading their lights. Adding smart lights to your home can have some interesting effects. Firstly the light quality improves immensely on both the quantity, shelf life, and energy efficiency of the product being emitted. Secondly the installation process is relatively simple and there are obvious cost saving benefits to be leveraged when it comes time to replace these bulbs in the future. Empowering consumers and companies small office applications such as opening late hours or blazing a path through a dark environment fall into this category. Long term implications are just starting to be seen as indicators point towards long-term conservation and the Reduction of greenhouse gas emission tied into mitigating global warming down on a worldwide factor level.“Smart lighting market” in detail along with the table of contents: https://researchlayer.com/report/details/7/smart-lighting 1

2. 2 There is something exciting about knowing you're living green while having one of your areas where you control making substantial positive impacts with your day-to-day choices About us: Research Layer is a popular market research and consumer consultant. We maintain our relation with clients until the complete brand life-cycle by providing innovative unique mix and analytical for designing customized solutions for greatest impact delivery. Research Layer proudly develops, sets industry standards and continuously focuses on innovation. As we blend innovation and analytical thinking for delivering customized solutions to our clients, we can maintain strong and rewarding relationships. Research Layer enables clients to develop marketing and consumer strategies with array of incorporated services. We have a business research team that collects data points via multiple sources with a blend of qualitative and quantitative approach. Then a consultative report is built after the data analysis is complete. These reports can be used by the clients for making strategic decisions based on the results of these studies. Research Layer offers insight into 800 + niche from Machinery & Equipment’s to Pharmaceutical Healthcare, chemicals and material, retail & e-commerce. We offer many services that are particularly designed for B2B, IT, Healthcare, automotive & transportation and banking and financial services, which mainly include consumer experience research. Additionally, we offer customized research reports, syndicated research reports and consulting services. Experts at the Research Layer know that the research done needs to be as perfect as the expected outcome. Hence, we take the pride in offering the various research products, 24/7 customer support and dedicated custom research services for delivering the insights required for your goals. Contact Us, Research Layer 17224 S. Figueroa Street, Gardena, California (CA) 90248, United States Call: +1 9155293004 (U.S.) / +91 8483 9659 21 (APAC) Website: www.researchlayer.com Connect with us: Facebook|Instagram| LinkedIn | Twitter 2