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Smart Lighting and Control Systems Global Market is Projected to Reach $153.7 Billion by 2030: Smart Intelligent LED Lighting Catalyzes Growth Prospects

Smart Lighting and Control Systems Global Market is Projected to Reach $153.7 Billion by 2030: Smart Intelligent LED Lighting Catalyzes Growth Prospects

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Smart Lighting and Control Systems Global Market is Projected to Reach $153.7 Billion by 2030: Smart Intelligent LED Lighting Catalyzes Growth Prospects

/PRNewswire/ -- The "Smart Lighting and Control Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The...

Japan , Dublin , Ireland , Germany , China , Canada , German , Laura-wood , Smart-lighting-systems-find-high-networks , Key-smart-lighting-technology-trends , Wipro-enterprisesp-ltd , Daintree-company

Global Smart Lighting and Control Systems Strategic

Dublin, July 04, 2023 (GLOBE NEWSWIRE) -- The "Smart Lighting and Control Systems: Global Strategic Business Report" report has been added to ...

China , Germany , Dublin , Ireland , Japan , Canada , German , Zumtobel-group , Energy-efficiency , Acuity-brands-inc , Wipro-enterprisesp-ltd

Global Smart Lighting and Control Systems Market to Reach $78.8 Billion by 2026

/PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled...

Germany , Australia , Japan , United-states , India , United-kingdom , China , Italy , Canada , South-korea , France , America

Global Smart Lighting and Control Systems Market to Reach $78.8 Billion by 2026

/PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled...

Germany , Australia , Japan , United-states , India , United-kingdom , China , Italy , Canada , South-korea , France , America

Global Smart Lighting and Control Systems Market to 2027: Market is Forecast to Recover and Reach $93.2 Billion

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A Decimated Global Economy Leave Smart Lighting & Control Systems Market High & Dry. Revenues Shrink by -11.9%
The global market for Smart Lighting & Control Systems is expected to decline by -11.9% in the year 2020 and thereafter recover and grow to reach US$93.2 billion by the year 2027, trailing a post COVID-19 CAGR of 14.7% over the analysis period 2020 through 2027. COVID-19 has pushed the global economy into the steepest recession ever with GDP growth nosediving by -4.9%, shaving off over US$7 trillion in value.
Although the pandemic has highlighted the importance of smart technologies in building resilience against disruptions, financial constraints are impeding immediate technology investments. As new construction projects take a hit, novel installations of lighting is dwindling. In industrial and commercial settings, there is likely to be a decrease in retrofit installations, given that there are no tax advantages for such installations. New as well as retrofit installations have declined due to the impact of the pandemic situation.

China , Tokyo , Japan , Dublin , Ireland , Laura-wood , Lighting-technology-advancements-for-commercial-buildings , Eaton-corporation , Smart-lighting-systems-find-high-networks , Smart-lighting-solutions , Lutron-electronics-co-inc , Belkin-international-inc