The Global Lighting as a Service Market Research Report published by emergenresearch has been formulated by analysis of key business details and extensive geographical spread of the Lighting as a Service industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Lighting as a Service market along with crucial statistical data about the Lighting as a Service market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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.
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Key participants General Electric, Future Energy Solutions, UrbanVolt, Igor Inc., Valoya Oy, SIB Lighting and Lunera Lighting among others.
Market Dynamics:
The report offers insightful information about the market dynamics of the Lighting as a Service market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Lighting as a Service market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Lighting as a Service market.
For the purpose of this report, Emergen Research has segmented into the global Lighting as a Service Market on the basis of component, installation, application and region:
- Component Outlook (Revenue, USD Billion; 2017-2027)
- Luminaries and Controls
- Software
- Service
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Commercial
- Industrial
- Others
- Installation Outlook (Revenue, USD Billion; 2017-2027)
- Indoor
- Outdoor
The current COVID-19 pandemic is expected to have an effect on the growth of the Lighting as a Service industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Lighting as a Service sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Lighting as a Service industry.
The report further studies the latest technological and product developments of the regions and offers key insights into current and emerging trends. It also studies investment opportunities, consumption and production patterns, supply and demand, consumer demand and behavior, economic growth, macro- and micro-economic growth factors, regulatory framework, government support, and presence of key players in each region. The key regions list comprises of North America, Latin America, Europe, Asia Pacific, and Middle East & Africa along with their market size, market share, and revenue CAGR with key factors influencing the market growth.
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Key questions addressed in the report:
Who are the leading players dominating the global Lighting as a Service Market?
Which factors could potentially hamper the global Lighting as a Service market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for Lighting as a Service in this industry vertical?
The study dives deep into the profiles of top market players and their key financials. This comprehensive report is not only for business analysts and any existing and new entrant can use it when designing their business strategies. The research is one of its kind global analyses of aspects such as import and export status, supply chain management, profit and gross margin worldwide for the forecast period 2020 – 2027. Extensive coverage of statistics associated with recent events including acquisition and mergers and strengths and weaknesses of a company forms an important part of the study on the Lighting as a Service market.
Regional Overview:
The global Lighting as a Service market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Lighting as a Service market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Table of Content
Chapter 1. Lighting as a Service Market Methodology & Sources
1.1. Lighting as a Service Market Definition
1.2. Lighting as a Service Market Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Lighting as a Service Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2028
Chapter 3. Key Insights
Chapter 4. Lighting as a Service Market Segmentation & Impact Analysis
4.1. Lighting as a Service Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Lighting as a Service Market indicators analysis
4.2.2. Lighting as a Service Market drivers analysis
4.2.2.1. Increasing energy consumption and prices
4.2.2.2. Rising government policies regarding energy efficiency
4.2.2.3. Increasing smart grid services
4.2.3. Lighting as a Service Market restraints analysis
4.2.3.1. Highly competitive with presences of local & global players
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Lighting as a Service Market By Form Factor Insights & Trends, Revenue (USD Billion)
Chapter 6. Lighting as a Service Market By Input type Insights & Trends Revenue (USD Billion)
Chapter 7. Lighting as a Service Market By Application Insights & Trends, Revenue (USD Billion)
Chapter 8. Lighting as a Service Market By End-use Insights & Trends, Revenue (USD Billion)
Chapter 9. Lighting as a Service Market Regional Outlook
Continued…
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