LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET 2021-2028

ICT | AI and IoT

LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET 2021-2028

Market by Connection Type, Light Source, Component Type, Application, and Country | Forecast 2021-2028

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Triton’s report alludes that the Latin American intelligent lighting control system market is estimated to register progress at a CAGR of 12.43% during the considered period 2021-2028.


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The countries analyzed in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

In Latin America, countries such as Brazil, Mexico, Argentina, and Colombia are adopting intelligent lighting control systems. Here, the intelligent lighting control system is an automated technology, with the ability to manage the lighting quality as per the user’s need. Hence, the growing adoption of such technology will help improve energy saving across the region. Moreover, these systems are gaining significant traction in homes, offices, vehicles, and public places.

Furthermore, there government regulations pertaining to energy-efficiency are developing. Intelligent lighting systems include distinct sensors, central processing units, and more, improving energy efficiency and performance. This has attracted several companies also to enter the region’s market. Therefore, as stated above, these factors are motivating the growth of the intelligent lighting control system across Latin America.

In Brazil, LED lighting is gaining substantial traction, along with the adoption of intelligent lighting systems. This surge has attracted several foreign companies to set up their business operations in the country. Moreover, the LED lighting is considered to support significant energy savings, generating opportunities for innovative IoT initiatives. Additionally, the growing inclination of people towards intelligent lighting is motivating vendors to enter into strategic partnerships and develop an intelligent lighting ecosystem. Therefore, the increasing trend of LED lighting, coupled with rising awareness relating to IoT lighting systems, is likely to fuel Brazil’s intelligent lighting control system market in the near future.

Honeywell International Inc is a technology and manufacturing company, offering aerospace products and services, along with energy-efficient products and solutions for homes, businesses, and others. Its home and building technologies segment also provides products, software, solutions, and technologies that assist homeowners in controlling their comfort, security, and energy use. The company is engaged in sales, services, manufacturing, and R&D activities in several regions, including Latin America.

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Table of Content

1. LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. DECREASE IN THE PRICE OF SENSORS AND OTHER COMPONENTS

2.2.2. INCREASED NEED FOR DEMAND MANAGEMENT HELPS THE MARKET’S GROWTH

2.2.3. GROWING IMPORTANCE OF INTELLIGENT LIGHTING IN SMART BUILDING

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1. INTEROPERABILITY

2.4.2. FEATURES

2.4.3. COST

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. INDUSTRY COMPONENTS

2.7.1.   RAW MATERIAL SUPPLIERS

2.7.2.   INTEGRATORS AND PROVIDERS

2.7.3.   END-USERS

2.8. MARKET DRIVERS

2.8.1.   SUPPORT FROM GOVERNMENT

2.8.2.   SURGE IN ELECTRICITY COSTS

2.8.3.   INCREASING AWARENESS

2.9. MARKET RESTRAINTS

2.9.1.   HIGH INITIAL INVESTMENT

2.9.2.   LONGER BREAKEVEN PERIOD

2.9.3.   LACK OF SYSTEM INTEGRATION AND SKILLED WORKFORCE

2.10. MARKET OPPORTUNITIES

2.10.1. GROWTH OF SMART HOMES

2.10.2. GROWTH IN WIRELESS LIGHTING CONTROL SYSTEM

2.11. IMPACT OF COVID-19 ON INTELLIGENT LIGHTING CONTROL SYSTEM MARKET

3. LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET OUTLOOK - BY CONNECTION TYPE   

3.1. WIRED

3.2. WIRELESS

4. LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET OUTLOOK - BY LIGHT SOURCE

4.1. FLUORESCENT LAMPS

4.2. LIGHT EMITTING DIODE LAMPS

4.3. HIGH-INTENSITY DISCHARGE LAMPS

5. LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET OUTLOOK - BY COMPONENT TYPE

5.1. SENSORS

5.2. BALLASTS AND LED DRIVERS

5.3. MICROPROCESSORS AND MICROCONTROLLERS

5.4. SWITCHES & DIMMERS

5.5. TRANSMITTERS AND RECEIVERS

6. LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET OUTLOOK - BY APPLICATION

6.1. COMMERCIAL      

6.2. OUTDOOR

6.3. RESIDENTIAL

6.4. INDUSTRIAL

6.5. AUTOMOTIVE

7. LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET - REGIONAL OUTLOOK

7.1. BRAZIL

7.2. MEXICO

7.3. REST OF LATIN AMERICA

8. COMPETITIVE LANDSCAPE

8.1. ACUITY BRANDS INC

8.2. CONTROL4 CORPORATION

8.3. CREE INC

8.4. EATON CORPORATION PLC

8.5. ENLIGHTED INC

8.6. HONEYWELL INTERNATIONAL INC

8.7. HUBBELL INCORPORATED

8.8. LEGRAND

8.9. LEVITON MANUFACTURING CO INC

8.10. LSI INDUSTRIES INC

8.11. LUTRON ELECTRONICS CO INC

8.12. OSRAM GMBH

8.13. PHILIPS LIGHTING

8.14. SCHNEIDER ELECTRIC

9. METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2: MARKET ATTRACTIVENESS INDEX

TABLE 3: VENDOR SCORECARD

TABLE 4: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY CONNECTION TYPE, 2021-2028 (IN $ MILLION)

TABLE 5: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY LIGHT SOURCE, 2021-2028 (IN $ MILLION)

TABLE 6: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY COMPONENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 7: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 8: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PORTER’S FIVE FORCES ANALYSIS

FIGURE 2: KEY BUYING IMPACT ANALYSIS

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY WIRED, 2021-2028 (IN $ MILLION)

FIGURE 5: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY WIRELESS, 2021-2028 (IN $ MILLION)

FIGURE 6: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY FLUORESCENT LAMPS, 2021-2028 (IN $ MILLION)

FIGURE 7: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY LIGHT EMITTING DIODE LAMPS, 2021-2028 (IN $ MILLION)

FIGURE 8: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY HIGH-INTENSITY DISCHARGE LAMPS, 2021-2028 (IN $ MILLION)

FIGURE 9: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY SENSORS, 2021-2028 (IN $ MILLION)

FIGURE 10: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY BALLASTS AND LED DRIVERS, 2021-2028 (IN $ MILLION)

FIGURE 11: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY MICROPROCESSORS AND MICROCONTROLLERS, 2021-2028 (IN $ MILLION)

FIGURE 12: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY SWITCHES & DIMMERS, 2021-2028 (IN $ MILLION)

FIGURE 13: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY TRANSMITTERS AND RECEIVERS, 2021-2028 (IN $ MILLION)

FIGURE 14: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

FIGURE 15: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY OUTDOOR, 2021-2028 (IN $ MILLION)

FIGURE 16: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY RESIDENTIAL, 2021-2028 (IN $ MILLION)

FIGURE 17: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 18: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

FIGURE 19: LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)

FIGURE 20: BRAZIL INTELLIGENT LIGHTING CONTROL SYSTEM MARKET 2021-2028 (IN $ MILLION)

FIGURE 21: MEXICO INTELLIGENT LIGHTING CONTROL SYSTEM MARKET 2021-2028 (IN $ MILLION)

FIGURE 22: REST OF LATIN AMERICA INTELLIGENT LIGHTING CONTROL SYSTEM MARKET 2021-2028 (IN $ MILLION)

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