Home Intelligent Lighting Market
Home Intelligent Lighting Market Size and Growth
The Home Intelligent Lighting market is experiencing significant growth, driven by increasing demand for energy-efficient solutions and smart home integration. Currently valued at approximately $10 billion, the market is projected to expand rapidly, with a compound annual growth rate (CAGR) of around 20% over the next five years. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Philips
◍ OSRAM
◍ General Electric
◍ Cree
◍ Inc
◍ Panasonic
◍ Eaton
◍ Thorn
◍ Hubbell Lighting
◍ Acuity Brands Lighting
◍ TOSHIBA
◍ Targetti Sankey
◍ Asian Electronics
◍ LSI Industries
◍ SIMKAR Corporation
◍ Thorlux Lighting
◍ Evolution Lighting
The home intelligent lighting market features key players like Philips, OSRAM, and General Electric, driving innovation and market growth through advanced smart lighting solutions. Companies utilize IoT integration to enhance user experience, energy efficiency, and automation, contributing to market expansion. Sales revenue specific figures for major firms include:
- Philips: €8.3 billion (2023)
- OSRAM: €3.8 billion (2022)
- General Electric: $18.5 billion (2022)
◍ KALCO Lighting
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Market Segmentation
By Application
Living Room
Bedroom
Restaurant
Bathroom
Others
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By Product
Chandelier
Wall Light
Ceiling Light
Floor Light
Others
Market Growth
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$ X Billion USD
