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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

The Building Lighting Control System Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Investment Chapter

The Building Lighting Control System Manufacturing industry requires a medium level of capital investment because the industry is more dependent on human labor in facility operations. For every dollar spent on wages, about $0.21 is allocated to capital assets.

Although the industry's capital investment requirement is moderate, operations use machinery in their production lines. New manufacturing machinery, equipment and facilities improve product quality, increase efficiency and lower production costs. During the recession, many industry operators reduced their labor force to cut down on operating costs, however, as the industry's revenue takes a positive turn, IBISWorld expects industry operators to rehire employees... 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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