Published Date: 2022-07-18
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North American Smart Lighting Market size is set to cross USD 5.13 billion by 2028, according to a latest forecast report by Graphical Research.
The market growth can be attributed to a rise in the formulation of favorable government policies. One such instance is the CSLP Program, which was launched for the creation of the largest lighting management system in the U.S. The City of Chicago substantially completed the CSLP (Chicago Smart Lighting Program), which constituted a massive streetlight modernization project that has enhanced nighttime visibility quality throughout the city.
The project created one of the most reliable and largest smart technology infrastructure systems in the country, establishing a national model for other cities as they proceed with the upgradation of their streetlights. The new Smart LMS (Lighting Management System) was created in partnership with the City’s Department of AIS (Assets, Information, and Services).
The light controls segment is expected to record appreciable expansion through 2028, owing to their ability to offer users maximum flexibility in their lighting schemes. The rise can also be credited to an upsurge in the rollout of a range of products by leading companies.
The outdoor lighting segment will surpass USD 1340 million by 2028, credited to the increasing emphasis on the implementation of lighting initiatives focused on the replacement of conventional lighting systems with energy efficient solutions in Canada and the U.S.
Browse detailed statistical insights from the report, “North America Smart Lighting Market Forecast 2028 By Component (Product [Luminaires {Smart Bulbs, Fixtures}, Light Control {Sensors, Switches & Dimmers, Relays, Router & Gateways, LED Driver & Ballasts}], By Technology [Wired {PLC (Power Line Control), PoE (Power over Ethernet), DALI (Digital Addressable Lighting Interface), Hybrid}, Wireless {Bluetooth, Zigbee, Wi-Fi, EnOcean, Hybrid}]), By Lighting Source (LED, Fluorescent Lamp, CFL (Compact Fluorescent Light), HIDL (High Intensity Discharge Lamp), By Application (Indoor Lighting [Residential, Commercial, Industrial], Outdoor Lighting [Highways & Roadways, Public Places, Bridges & Tunnels]), Research Report, Country Outlook (U.S., Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1024/north-america-smart-lighting-market
The wired technology segment is slated to show tremendous growth till 2028. Numerous companies are entering agreements that allow the adoption of both wireless and wired systems. Considering an instance, in April 2021, the DALI Alliance (DiiA) in the US published specifications regarding the way in which the company’s smart lighting products could be incorporated with Zigbee wireless systems and the Bluetooth mesh.
The new specifications allow both wired as well as wireless connectivity for the Digital Illumination Interface (DALI), further providing flexibility for OEMs, lighting designers, as well as system integrators for the deployment of a range of technologies.
The U.S. smart lighting industry will record a CAGR of 16% during the forecast timeline, on account of an increase in the rollout of various regulatory initiatives. Citing an instance, the U.S. Department of Energy (DOE) started financing solid-state lighting (SSL) R&D in the year 2000 and has supported 347 SSL projects till date in the areas of manufacturing R&D, product development, and applied research. The initiatives are funded via the SBIR (Small Business Innovation Research) Program and the DOE SSL Program. The increasing adoption of such initiatives is slated to propel industry expansion over the forthcoming years.
The North American smart lighting market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2028 for the following segments:
North American Market, By Component:
North American Market, By Technology
North American Market, By Application:
The above information has been provided for the following countries:
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