August 23rd,2022 — This new report from Stratview Research analyses the Smart LED Lighting Market over the trend period from 2014 to 2019 and forecast period from 2022 to 2027. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Smart LED Lighting Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Smart LED Lighting Market is no different. Derived from the previous market scenario, the Smart LED Lighting Market is likely to witness an impressive CAGR of 22.5% during the forecast period but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present. 

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/2601/Smart-LED-Lighting-Market.html#form

The Smart LED Lighting Market is segmented by–

Key Players:

  • Wolfspeed, Inc.
  • Eaton Corporation PLC
  • Koninklijke Philips N.V.
  • ABB Ltd
  • Wipro Limited
  • SSK Group
  • Tvilight Projects B.V.
  • Digital Lumens
  • Acuity Brands, Inc.
  • Bridgelux, Inc.

Regional analysis:

In terms of regions, Europe dominated the smart LED lighting market in 2021, owing to the rising adoption of luxury home decoration, as well as increased awareness of the aesthetic appeal of the products, particularly in the key markets such as Germany, the United Kingdom, and France. On the other hand, North America is expected to grow at the fastest CAGR over the forecast period.

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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