According to a new report Asia Pacific Smart Lighting Market, published by KBV research, the Asia Pacific Smart Lighting Market would witness market growth of 22.1% CAGR during the forecast period (2017 - 2023).
The China market holds the largest market share in Asia Pacific Lights & Luminaires Market by Country in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 18.6 % during the forecast period. The Japan market is expected to witness a CAGR of 21.7% during (2017 - 2023) in Asia Pacific Lighting Controls Market. Additionally, The India market is expected to witness a CAGR of 24% during (2017 - 2023).
Key Market Segment - Asia Pacific Smart Lighting Market
The Commercial market holds the largest market share in Asia Pacific Smart Lighting Market by Application in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 20.6 % during the forecast period. The Public Places market is expected to witness a CAGR of 22.7% during (2017 - 2023). Additionally, The Residential market is expected to witness a CAGR of 23.4% by 2023.
The Lights & Luminaires market holds the largest market share in Malaysia Smart Lighting Market by Hardware Type in 2016 and would continue to be a dominant market till 2023. The Lighting Controls market would garner market size of $78.2 million by 2023.
Full Report: https://www.kbvresearch.com/asia-pacific-smart-lighting-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Asia Pacific Smart Lighting Market have been discussed in the report with the competitive analysis and elaborated company profiles of Cree, Inc., Koninklijke Philips N.V. (Philips Lighting), Honeywell International, Inc., Wipro Limited (Wipro Consumer Care and Lighting), Acuity Brands, Inc., Eaton Corporation Plc., Legrand S.A., General Electric, Osram Licht AG, and Streetlight.Vision.
By Communication Technology
By Component
By Application
By Country
Companies Profiled
Unique Offerings from KBV Research
Related Reports:
Global Smart Lighting Market (2017-2023)
North America Smart Lighting Market (2017-2023)