Connected bulbs are embedded with chips that can communicate with computing devices like smartphones and watches.
A major factor that spurs the prospects for growth in this market is the advent of wireless networking technologies. What makes connected bulbs useful is that they have embedded IoT technology, which lets devices and appliances communicate with each other and also with the Internet.
The Americas will be the largest market for connected bulbs during the forecast period and will account for a market share of more than 40% by 2020. Some of the factors that contribute to this region’s high growth are high internet penetration and the presence of a well-developed IoT infrastructure. In this region, the utility companies are also focusing on adopting advanced metering, which in turn will compel end users to install more smart devices in their homes.
Connected bulbs work very efficiently and are more durable than incandescent bulbs. These bulbs along with smart appliances offer end users numerous benefits like reduced energy costs, remote access, safety, and a better quality of living.
In 2019, the market size of Connected Bulb is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Connected Bulb.
This report studies the global market size of Connected Bulb, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Connected Bulb production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Cree
Osram Sylvania
Philips
General Electric
Belkin
LiFi Labs
...
Market Segment by Product Type
ZigBee
Wi-Fi
Bluetooth
Market Segment by Application
Residential Sector
Industrial Sector
Commercial Sector
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Connected Bulb status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Connected Bulb manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Connected Bulb are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Connected Bulb. Industry analysis & Market Report on Connected Bulb is a syndicated market report, published as Global (United States, European Union and China) Connected Bulb Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Connected Bulb market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.