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Building Lighting Control System Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Building Lighting Control System Manufacturing Market Research Report | Technology | Clean Technologies | Feb 2014

Shedding light: Renewed construction activity and increased desire for energy savings will drive growth

IBISWorld’s Building Lighting Control System Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Acuity Brands Inc. Acuity Brands Inc. market share
Eaton Eaton market share
Hubbell Inc. Hubbell Inc. market share
Industry Statistics & Market Size
Revenue
$639m
Annual Growth 09-14
2.3%
Annual Growth 14-19
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Profit
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Employment
2,699
Businesses
46
Industry Analysis & Industry Trends

Building Lighting Control System Manufacturing industry performance has been volatile over the five years to 2014. Construction activity slowed during the recession and businesses halted investment in energy-efficient control systems, causing industry revenue to plummet 12.9% and 6.9% in 2009 and 2010, respectively. Fortunately for industry manufacturers, rising interest in the application of energy efficiency to new building light control systems, in addition to the gradual recovery of the housing market, has renewed interest in industry products. To this end, industry revenue is expected to rise at an annualized rate of 2.3% to $638.6 million over the five years to 2014, boosted by an estimated 5.8% increase in 2014.... purchase to read more

Industry Report - Industry Analysis Chapter

The Building Lighting Control System Manufacturing industry experienced volatile conditions in the aftermath of the recession, when declines in construction and renovation activity in the United States led to a significant decrease in demand for building lighting control systems. As a result, industry revenue fell 12.9% and 6.9% in 2009 and 2010, respectively, largely due to the severe implications of the economic downturn on downstream markets such as commercial and residential construction. However, the news has not been entirely bad for industry operators, since building lighting control system technology is still relatively new and rapidly growing... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Building Lighting Control System Manufacturing Industry?

Companies in the Building Lighting Control System Manufacturing industry manufacture components and develop software for building lighting control systems. These systems include components and software that control communication with switches, motion sensors and light sensors to provide flexible scheduling, daylight harvesting, occupancy control, personal control and load shedding.

Industry Products
Manual controlOccupancy sensingTime schedulingDaylight harvestingTask tuningDemand response
 
Industry Activities
Manufacturing building lighting control systemsMarketing building lighting control systemsResearching and developing building lighting control systems


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