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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 SWOT Analysis Chapter

The Building Lighting Control System Manufacturing industry is expected to enter a growth stage of its life cycle. Over the 10 years to 2019, industry value added (IVA), which measures the industry's contribution to the economy, is expected to increase at an average annual rate of 2.9%. This growth rates implies that the industry is expected to grow faster than the US economy, which is projected to rise at an annualized rate of 2.7% over the same period.

In the 10 years to 2019, the number of enterprises is expected to grow at an annualized rate of 3.2% to 56. This will occur in spite of more mergers and acquisitions and manufacturing plants increasingly being offshored... 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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