Industry Analysis & Industry Trends
Over the past five years, the brisk pace of technological development and a growing focus on energy efficiency and green technology has driven overall revenue growth for the Building Lighting Control System Manufacturing industry, despite declines in 2012 and 2013. Going forward, the industry is expected to continue to grow; an uptick in building construction activity and greater demand for energy-efficient lighting solutions will drive growth over the five years to 2020. Moreover, stronger consumer confidence and rising employment levels are anticipated to lead to an increase in new homes, which will support demand for residential lighting control systems.... purchase to read more
Industry Report - Industry Products Chapter
Manual controls are the largest segment for the Building Lighting Control System Manufacturing industry, accounting for an estimated 55.0% of industry revenue in 2015. This segment includes simple wall switches and complex dimmers, toggles, rotary knobs and push buttons. Although this segment is expected to thrive as lighting control systems become increasingly popular among commercial and residential buildings, other segments are expected to grow at a faster rate, which will lower manual control's share of industry revenue.
Occupancy controls, time scheduling
Occupancy controls are the second largest segment, accounting for an estimated 15.0% of industry revenue in 2015... purchase to read more