Smart Light Fixture and Control Market : Light Emitting Diode (LED) Lighting Is Expected to Realize the Fastest Growth During 2014 – 2020 by P&S Market Research
The global smart light fixture and control market is expected to increase from $22,110.0 million in 2014 to $59,188.1 million in 2020, with the CAGR of 17.9% during 2015 - 2020. The global smart light fixture and control market is mainly driven by continuously declining average selling price (ASP) of LED bulbs. LEDs have become much cheaper than any other traditional lighting currently in use. The key drivers for reducing LED lighting costs are improving the brightness of light generated,...
View full press release