Florida,US: With its recently published study on “Smart Commercial Lighting Market: Trends & Forecasts: 2016-2022”, Market Research Engine predicts intelligent LED lighting lamps will dominate the smart commercial lighting market. As per the study, Smart Commercial Lighting market will see a significant growth in the coming years due to the growing number of global smart cities and growing awareness regarding energy efficient lighting solutions. The ZigBee and Wi-Fi network technologies will continue to be preferred technologies in the smart commercial lighting market. “The smart commercial lighting market is a highly competitive market and it is estimated to reach $ 48.12 billion by 2022,”
“Globally, Retail and
Healthcare will be the leading industry verticals which will be spending a lot
in the smart commercial lighting market. Smart CFL and LED lighting lamps will slowly replace
the global outdoor lighting such as street lighting and sports stadiums in
coming years.
“In coming
years, smart commercial market is going to witness double digit growth in developing
economies of Asia-Pacific, Middle East and Africa (MEA). Increase infrastructure spending and
government push are few factors supporting the growth of market in these
economies.”
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