Report Feature
According to a new market report published by Lucintel, the future of the smart lighting market in Mexico looks promising with opportunities in the residential and commercial sectors. The major drivers of growth for this market are development of smart cities, increasing usage of wireless technology, and increasing awareness of energy saving.
Emerging trends, which have a direct impact on the dynamics of the smart lighting industry, include growing demand for Internet of things (IoT) technology and emergence of light fidelity (Li-Fi) technology in the field of smart lighting market.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart lighting market in Mexico report, download the report brochure.
Smart Lighting Market in Mexico by Segment:
2014-2025 (US $M) (Randomized Data)
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Smart Lighting Market in
Mexico: 2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the smart lighting market in Mexico by product types, light source, communication technology, and application as follows:
Smart lighting market by product type [$M shipment analysis for 2014 – 2025]:
- Smart Bulbs
- Fixtures
- Control Systems
- Drivers and ballasts
- Switches and dimmers actuators
- Sensors
- Microcontrollers
- Transmitters and receivers
Smart lighting market by Light Source [$M shipment analysis for 2014 – 2025]:
- Light Emitting Diode
- Fluorescent Lamps
- High-Intensity Discharge Lamps
- Others
Smart lighting market by Communication Technology [$M shipment analysis for 2014 – 2025]:
- Wired
- Digital Addressable Lighting Interface
- Powerline Communication
- Power Over Ethernet
- Wired Hybrid Protocols
- Others
- Wireless
- Zigbee
- Bluetooth
- Enocean
- Wi-Fi
- Others
Smart lighting market by Application [$M shipment analysis for 2014 – 2025]:
- Indoor Lighting
- Commercial
- Industrial
- Residential
- Others
- Outdoor Lighting
- Highway & Roadway Lighting
- Architectural Lighting
- Lighting for Public Place
- Others
Lucintel forecasts that the control system is expected to remain the largest segment due to growth in home automation and to improve energy efficiency. Lucintel predicts that the demand for smart bulbs is likely to experience the highest growth in the forecast period supported by growing demand for wireless technologies in smart cities.
Within the smart lighting market, light emitting diodes (LEDs) are expected to remain the largest market and are expected to witness the highest growth over the forecast period. Declining cost of LEDs, low maintenance, and high energy efficiency are expected to spur the growth of this segment over the forecast period.
Some of the features of “Opportunities for the Smart Lighting Market in Mexico 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
- Market size estimates: Smart lighting market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by product types, light source, communication technology, and application.
- Segmentation analysis: Smart lighting market size by products (smart bulbs, fixtures, and control systems), light source (light emitting diode, fluorescent lamps, high-intensity discharge lamps, and others), application (indoor lights and outdoor lights), and communication technology (wired and wireless) in terms of value shipment.
- Growth opportunities: Analysis on growth opportunities in different product types, light source, communication technology, and application.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the smart lighting market in Mexico by products (smart bulbs, fixtures, and control systems), light source (light emitting diode, fluorescent lamps, high-intensity discharge lamps, and others), application (indoor lights and outdoor lights), and communication technology (wired and wireless)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of companies profiled in smart lighting market report include ?
Q.4 What are the business risks and threats to the market?
Q.5 What are emerging trends in this market and the reasons behind them?
Q.6 What are some changing demands of customers in companies profiled in smart lighting market report include ?
Q.7 What are the new developments in the market? Which smart lighting companies are leading these developments?
Table of Contents
1. Executive Summary
5.2 Emerging Trends of Smart Light Market
6. Company Profiles of Leading Players
5.1.1 Growth Opportunities (2014-2025) for the Smart Light Market in Mexico by Product
5.1.2 Growth Opportunities (2014-2025) for the Smart Light Market in Mexico by Light Source
5.1.3 Growth Opportunities (2014-2025) for the Smart Light Market in Mexico by Communication Technology
5.1.4 Growth Opportunities (2014-2025) for the Smart Light Market in Mexico by Application
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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