Key Findings
The Asia Pacific intelligent lighting control management system market is getting bigger at the fastest pace at a CAGR of 17.71% during the forecasting years of 2019-2027. China, Japan, India, South Korea, Australia and the countries from the Rest of Asia Pacific are considered for this market study. This particular regional market had contributed XX % of market share in 2018 & had been estimated to contribute a market share of XX % by 2027.
Market Insights
There are numerous strategies and guidelines of major regulatory bodies in China who are actively boosting and stimulating the growth of the lighting industry in the country. The nation has a high rate of consumption and production of global lighting products. Within the lighting industry, intelligent lighting enterprises are steadily growing and fortunately, attracting many foreign entrepreneurs for further investments. Japan comes second in line behind China for holding a major share in the APAC intelligent lighting control market. It can be attributed to the growth of the IoT market in Japan which influences the smart home market home development in the nation.
Competitive Insights
Legrand, Control4 Corporation, Eaton Corporation PLC, Leviton Manufacturing Co. Inc., Schneider Electric, Honeywell International Inc., Cree, Inc., Enlighted Inc., LSI Industries, Inc., Acuity Brands, Inc., Hubbell Incorporated, Osram GmBH, General Electric Company, Lutron Electronics Co., Inc. and Philips Lighting are the major revenue holders the intelligent lighting control market.