It has been projected that Lighting controls market in North America & Europe will reach US$3.8 billion by the year 2015. The market is expected to be propelled by growing demand for lighting control solutions including ballasts, relays, controls, automatic systems, photosensors, and occupancy sensors across various end-use segments as well as new building and retrofit applications.
The usage of lighting controls and systems is expanding in the industrial segment, consisting of workshops, warehouses, and factories. In application areas like airports, metro railway stations, hospitals, auditoriums, and educational institutions including universities, colleges, schools and libraries, the application of lighting controls and systems is growing at a quicker pace.
The new market research report on Lighting Controls states that Europe represents the largest market for lighting controls, when it is compared to North American market. Electronic ballasts market is flourishing in the European lighting controls market, while Controls represent the fastest growing segment in the North American market.
The State and federal Governments implement energy efficiency programs, which induce installation of energy saving lighting systems in the existing older buildings as well as opens new prospects for the large retrofit market segment. The North American & European Markets for Lighting Controls in US$ Million, is being analyzed with this report.
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