DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Lighting as a Service (LaaS) Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022" report to their offering.
The global lighting as a service (LAAS) market is estimated to grow at a CAGR of 46.3% during 2016 to 2022, to reach a market size of US$ 934.4 Million by 2022.
Growing demand for energy efficient lighting and government guidelines and regulations for implementation of energy efficient lighting systems are anticipated to drive the lighting as a service market. Lack of responsiveness about the true value propositions of the lighting as service system is acting as a restraint for the growth of the lighting as a service market.
The development of smart cities in the Asia Pacific regions is expected to drive the growth of the lighting as a service market in this region. Several benefits included in lighting as a service such as no straight costs, reduction in energy consumption, enduring cost savings, enhanced lighting experience, no safeguarding charge are forcing countries to use lighting as a service model.
Key players operating in lighting as a service market include, Acuity Brands Lighting, Inc, Cooper Industries, Inc., Cree, Inc., Future Energy Solutions, General Electric Lighting, IGOR Inc., Koninklijke Philips N.V, Lunera Lighting, SIB Lighting etc.
Companies are working many strategies such as mergers & acquisition, partnership & collaboration launching of new product and technique to sustain and capture high market share in the market.
Key Topics Covered:
1. Introduction
2. Market Overview
3. Market Determinants
4. Sector Analysis
5. Market Segmentation
6. Geographic Analysis
7. Company Profiles
- Acuity Brands Lighting, Inc
- Cooper Industries, Inc.
- Cree, Inc.
- Digital Lumens, Inc.,
- Future Energy Solutions
- General Electric Lighting
- Itelecom Usa
- Igor Inc.
- Koninklijke Philips N.V
- Legrand S.A.,
- Lunera Lighting
- Lutron Electronics Company, Inc.
- Osram Licht Ag,
- RCG Lighthouse
- SIB Lighting
For more information about this report visit http://www.researchandmarkets.com/research/t48b4v/global_lighting
