The intelligent lighting control management system market is elongating its reach in Europe at 14.98% CAGR during the forecasting years 2019-2027. Germany, the United Kingdom, France, Spain, Russia & the collective countries from the Rest of Europe are considered for this market study. The emerging consumer preferences of internet-of-things applications and wireless connectivity are influencing the market demand for wireless lighting control systems.
The energy management system and security access control systems have driven the adoption rate for smart home technology because the smart homes provide the benefit of controlling and programming several automated home electric devices with a remote. The lighting arrangement is an integral part of the smart homes, so the former is expected to see consecutive adoption rates in the upcoming years, mainly due to the government’s supportive regulatory initiatives. To maximize the natural resources in the lighting control systems to provide the best interior environment and energy efficiency, it requires an efficiently skilled workforce. Lack of availability of such can hold back the market growth. The United Kingdom has the fastest growing market in Europe due to the growth in the leisure and hospitality sector of the country.
Legrand, Eaton Corporation PLC, Leviton Manufacturing Co. Inc., Schneider Electric, Osram GmBH, Hubbell Incorporated, Control4 Corporation, Cree, Inc., Honeywell International Inc., Enlighted Inc., LSI Industries, Inc., Acuity Brands, Inc., General Electric Company, Lutron Electronics Co., Inc. and Philips Lighting are some of the eminent companies that have a competing edge over each other in the Europe intelligent lighting control management system market.