Smart Lighting, Control Systems Seen at $79B by 2026
The smart lighting and control systems market will reach $78.8 billion by 2026, from $35.7 billion last year, driven by sustainable green building initiatives, reported Global Industry Analysts Friday. The U.S. market is seen reaching $8.9 billion this year. Advances…
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in sensor and electronics segments, evolution of wireless technology and the transition away from incandescent lamps will support expansion, it said.