Overview

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

IBISWorld’s Building Lighting Control System Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Building Lighting Control System Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Demand for new, energy-efficient systems is expected to increase, supporting greater industry demand
  • Manufacturers have been outsourcing and offshoring to reduce overhead and labor costs
  • Industry players will develop new technologies and refine lighting control systems

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    Industry Analysis & Industry Trends

    The Building Lighting Control System Manufacturing industry's performance has been strong over the five years to 2017. Common types of products include occupancy sensing, time scheduling and manual and daylight harvesting controls. Despite robust industry demand, industry operators face potential threats from competition abroad. Enhanced foreign manufacturing capabilities have led to increased lighting control systems production overseas. IBISWorld expects that industry revenue will increase over the five years to 2022. The industry will continue to benefit from rising construction activity and increased interest in creating energy-efficient buildings to reduce energy costs...

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    Industry Report - Industry Analysis Chapter

    The Building Lighting Control System Manufacturing industry experienced strong growth over the past five years, with revenue rising at an annualized rate of 7.6% to $695.7 million, with a 7.9% increase in 2017 alone. Building lighting control system technology is still relatively new and rapidly growing. The brisk pace of technological development (including leveraging wireless technologies) and a growing focus among building owners on energy efficiency has driven overall revenue growth. Additionally, strong growth in downstream construction markets has benefited industry.

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    Additional Insights for the Building Lighting Control System Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Building Lighting Control System Manufacturing Industry are

  • Ability to change which market the firm operates in
  • Ability to accommodate environmental requirements
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Value of private nonresidential construction and Price of electric power in the Building Lighting Control System Manufacturing industry impact industry performance..

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    Industry Products

    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 controls
    Occupancy sensing controls
    Time-scheduling controls
    Other controls
    Industry Activities
    Manufacturing building lighting control systems
    Marketing building lighting control systems
    Researching and developing building lighting control systems

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Value of private nonresidential construction
  • Price of electric power
  • Import penetration into the manufacturing sector
  • Regulation
  • Housing starts

  • Current Performance
  • Downstream demand
  • Electrical costs
  • International trade
  • Green growth
  • Chart: Revenue Growth

  • Industry Outlook
  • Construction activity continues to rise
  • International trade
  • Industry structure
  • Table: Building Lighting Control System Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Building Lighting Control System Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Industrial Building Construction
  • Electricians
  • Commercial Building Construction

  • Key Selling Industries
  • Circuit Board & Electronic Component Manufacturing
  • Semiconductor & Circuit Manufacturing

  • Products & Services
  • Manual controls
  • Occupancy sensing controls
  • Time-scheduling controls
  • Other controls
  • Chart: Building Lighting Control System Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Domestic commercial, industrial and institutional customers
  • Domestic residential customers
  • Exports
  • Chart: Major Market Segmentation for the Building Lighting Control System Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Building Lighting Control System Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Building Lighting Control System Manufacturing Industry

  • Industry Globalization
    Major Companies
    Acuity Brands Lighting Inc.Eaton Corporation plcHubbell Inc.
  • Table: Acuity Brands Lighting Inc. - financial performance
  • Table: Eaton Corporation plc - financial performance
  • Table: Hubbell Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Building Lighting Control System Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Building Lighting Control System Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Value of private nonresidential construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Building Management System (Bms)
  • A computer-based control system that controls and monitors the building's mechanical and electrical equipment such as ventilation and lighting, and power, fire and security systems.
  • Leadership In Energy And Environmental Design
  • An environmental building certificate program that was established under the US Green Building Council and certifies buildings that meet energy-efficiency and green requirements.
  • Occupancy Sensor
  • A control device that turns off lights after the space becomes unoccupied. May be ultrasonic, infrared or another type.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Building Lighting Control System Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Building Lighting Control System Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Building Lighting Control System Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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