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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 | Nov 2015

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

IBISWorld’s Building Lighting Control System Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Acuity Brands Acuity Brands market share
Eaton Eaton market share
Hubbell Inc. Hubbell Inc. market share
Industry Statistics & Market Size
Revenue
$615m
Annual Growth 10-15
3.7%
Annual Growth 15-20
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Profit
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Employment
2,008
Businesses
52
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 Investment Chapter

The Building Lighting Control System Manufacturing industry requires a low level of capital investment because the industry is more dependent on human labor in facility operations. For every dollar spent on wages, about $0.08 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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