The Global Lighting as a Service Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Lighting as a Service market and its key elements. The global Lighting as a Service (LaaS) Market is projected to reach USD 6.28 billion by 2027, according to a recent report by Emergen Research. The primary driver for the market includes the increasing demand for economical lighting systems. The growing convergence of the technology equipped with Internet of Things (IoT) within the lighting system includes a lower consumption of energy across numerous elements of the planet. However, the service's subscription program generally imposes a better overall price than the owner pays for the self-installation system, which might seemingly cause a challenge.
The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Lighting as a Service industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2027. The report assesses the historical data and current scenario to offer accurate estimations of the Lighting as a Service market in the coming years. Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report provides a thorough estimation of the overall impact of the pandemic on the Lighting as a Service market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Lighting as a Service market.
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North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Lighting as a Service market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Some players analyzed in the report are:
General Electric, Future Energy Solutions, Urban Volt, Igor Inc., Valoya Oy, SIB Lighting, Lunera Lighting, Cree Inc., Itelecom, Koninklijke Philips N.V
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The report further divides the Lighting as a Service market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Lighting as a Service market.
On the basis of type, the market is segmented into
-
Component Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Luminaries and Controls
- Software
- Service
-
Application Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Commercial
- Industrial
- Others
-
Installation Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Indoor
- Outdoor
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Lighting as a Service market?
What are the key product types and applications of the Lighting as a Service industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Lighting as a Service market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Lighting as a Service Market by 2027?
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