Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Smart lighting market to reach 2.54 billion units by 2020

- Advertisement -

A recent study done by IT research and advisory firm, Gartner, showed that Internet of Things (IoT) architectures are rapidly driving smart lighting technology. The company forecasts that the smart lighting installed base will grow from 46 million units in 2015 to 2.54 billion units in 2020.

According to Gartner, smart lighting is expanding globally and this can be monitored or controlled from a centralised system or via the cloud.


Dean Freeman, vice president, research, Gartner, said, “Smart solid-state lighting in office buildings and industrial installations has the potential to reduce energy costs by 90 per cent; however, achieving these costs takes more than just installing LED lighting. To successfully achieve the lowest electricity cost, in addition to achieving safety and security while enhancing the office environment, lighting product managers at technology and service providers will need to implement five key strategic phases of smart lighting–LED lighting, sensors and controls, connectivity, analytics and intelligence.”

- Advertisement -

As the company has suggested, the five key strategic phases will help in ensuring the highest level of success in reducing lighting costs and accelerating the adoption of smart lighting solutions. Also, smart lighting providers and manufacturers will be able to leverage the impact of sensor data and analytics on the IoT.

The growth of smart lighting varies across regional locations. The execution of smart lighting systems is mostly directed by government regulations around energy savings and bulb recycling laws. In North America and Europe, new lighting installations are driving smart lighting with the remote and efficient management of fixtures and bulbs.

- Advertisement -

Most Popular Articles

Industry's Buzz

Ministries Unite To Drive India’s EV Revolution

0
Looking at India's EV future, the Union Minister for Heavy Industries holds a meeting discussing strategic deployment of charging system and one unified app...

HorngCom, RRP Ink $12M Semiconductor Deal For Mumbai Plant

0
Powering up India’s chip game, a $12 million tie-up between HorngCom and RRP Electronics promises faster production, advanced ICs, and a leap in self-reliance. HorngCom...

Kaynes Semicon Launches First Overseas Chip Design Centre In Oman

0
A global tech leap, student upskilling, and international ambition—Kaynes Semicon plants its first overseas chip design centre in Oman, fuelling digital dreams worldwide. Kaynes Semicon,...

TCS Secures ₹29.03B Add-On Order From BSNL For 4G Expansion

0
For another 4G push, TCS teams up with BSNL, securing an APO of ₹29.03 billion for 18,685 sites across India. Tata Consultancy Services (TCS) has...

Honda Refocuses Strategy, Cuts EV Spend To Boost Hybrids

0
Betting big on hybrids, Honda reduces EV investment and recalibrates its map to 2030. The move adapts to shifting global demand and regulatory landscapes,...

Learn From Leaders

Vinay Shetty, Regional Director for Component Business for India & South Asia, ASUS

“Motherboards Remain Our Largest-Selling Product Segment In India” – Vinay Shetty, ASUS

0
Gearing up for a bigger India play with its motherboards, ASUS is eyeing local manufacturing, ramping up AI servers and IoT products. From expansion...
Deepak Khatri, Founder, Upside Down Labs

“We Are The First And Only Company In India To Provide Affordable, Open-Source Diy...

0
From early struggles to global success, a startup went from failed prototypes to selling thousands of neuroscience kits worldwide. Sharing his journey of designing...
Anush G Nair, Senior Technology Manager, Tata Elxsi

“This EV Motor Works Without Rare Earth Metals” – Arun G Nair, Tata Elxsi

0
Tata Elxsi, in a conversation with the Electronics For You team, revealed they are working on an electric vehicle motor which, instead of rare-earth...
Amiya Samantaray, Co-founder and CEO, DATOMS

“We Aim To Accelerate EV Adoption By Supporting OEMs And Leasing Companies”- Amiya Samantaray,...

0
What if real-time insights help manufacturers connect with customers and products? DATOMS, a deeptech IoT startup, precisely delivers that. Sharing vehicle integration and EV...
Kedar Reddy, CEO, Sagar Semiconductors

“We Are A Fabless Company Focusing On Power MOSFETs And IGBTs” – Kedar Reddy,...

0
Founded in 2023, with barely a year into business, Sagar Semiconductors says its ready to challenge the behemoths in the power semiconductor business in...

Startups

Quantum Technology

Eight Quantum Startups Get ₹300 Million Push

0
Accelerating homegrown innovation in quantum computing, AI, and advanced defence tech, Eight Indian startups bag up to ₹300 million under the National Quantum Mission. Recently,...

Indian Defence Startups See Surge In Demand Amid Conflict

0
As border tensions drive demand for homegrown drones, countermeasures, and tech, India’s defence startups are booming, sparking a wave of innovation and rapid scaling. The...

Space Tech Startup InspeCity Secures $5.6M Funding For Expansion

0
With $5.6 million seed funding, Indian startup InspeCity rockets ahead to extend satellite lifespans, clean up space junk, and disrupt the $14 billion global...

Government Drives IP Commercialisation At Bengaluru Workshop

0
Observing World IP Day, the Ministry of Science and Technology organised a dynamic workshop in Bengaluru, uniting experts to advance tech commercialisation and scale...
Inspection machine

AI-Based Quality Inspection Systems by Kerala Startup Verifygn

0
A Kerala startup deploys AI-driven hardware-software solutions to automate quality inspection in manufacturing. VerifygnTech Private Limited, a Kerala-based deep tech startup founded in 2019, specialises...