Search results for: 'operational analyst in lighting industry'

Outdoor lighting is presenting significant growth opportunities in the wake of the global demand for LED lighting technologies. Outdoor lighting already represents about 20% of the global LED lighting market and is among its fastest-growing segments, driven by increasing demand for energy efficiency, controllability, and lower maintenance, and the ...

Industrial manufacturing faces unprecedented disruption from equipment downtime, skills shortages, and volatile trade policies, while legacy systems struggle to integrate with modern AI. Fortune 500 companies lose significant revenue each year to unplanned downtime. At the same time, manufacturers face margin compression from tariff volatility and ...

20 Sep 2017  |  North America  |  Market Research

North American Lighting Equipment Market, Forecast to 2023

LED Technology and Connected Lighting will be the Primary Pillars of the Market by 2023

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The North American lighting equipment market is currently in the growth stage and is expected to witness healthy growth between 2016 and 2023. High rate of growth in the LED technology landscape is also tempered by falling revenue in Non-LED applications and falling prices of LED products. Operational cost savings achieved through adoption of energ...

Artificial intelligence (AI) adoption is increasing rapidly across industry segments and functional use cases, significantly impacting the way businesses create and deliver value. Generative AI has accelerated the awareness of the transformative impact of AI and the potential of leveraging the technology to create business value. As AI adoption con...

Energy and cost savings are still perceived as one of the top benefits of light-emitting diode (LED) lighting, and they will continue to influence decision-making in lighting procurement. In major countries, households' rising disposable income will result in the renovation and modification of lighting systems to keep up with LED lighting innovatio...

Soldier lethality is a critical component of the Western armed forces’ modernization plans. Defense thought leaders expect ground close-combat formations to play a substantial role in “any peer-on-peer fight”. Modernizing soldier lethality and operational effectiveness are measured using critical precise weapons, sensors, body armor, and digitized ...

29 Apr 2019  |  Global  |  Market Outlook

Global Homes and Buildings (H&B) Industry Outlook, 2019

Artificial Intelligence (AI), Voice Command Control, and IoT-enabled Lighting to Drive the Industry Forward

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Key Issues Addressed

The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as artificial intelligence (AI), machine learning, Internet of Things (IoT), data analytics, and the cloud. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy management markets. Ev...

28 Feb 2017  |  Global  |  Market Research

Global LED Lighting Market (2017 Update)

Driven by IoT, LaaS will Usher in Connected Lighting and Living by 2023

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This study provides an in-depth analysis of the global LED lighting market in 2016, covering 7 application segments (residential, retail, architectural, outdoor, office, industrial, hospitality) in 5 regions (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific). After evaluating the market size for 2016 to be $ 47,303...

04 Sep 2020  |  North America  |  Market Research

2020 Annual Update of Global LED Lighting Market

Sustainable Lighting That Facilitates Better Living Conditions Will Grow Significantly

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Key Issues Addressed

LED lighting has grown from strength to strength over the last decade driven by energy efficiency regulations, widespread manufacturing and reduced prices of LED light sources. Approximately 15% of building energy is utilized for lighting and the usage of LED's have resulted in significant energy savings to buildings across the globe. Lighting is m...