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The future of the lighting control market in Mexico looks attractive with opportunities in the residential, commercial, and industrial sectors. The major growth drivers for this market are growth in development of smart cities, increasing adoption of Internet of Things (IoT) in the lighting industry, rising utility costs, and favorable government regulations for energy efficiency.
Emerging trends, which have a direct impact on the dynamics of the lighting control industry, include increasing demand for daylight sensors, growth in camera-based lighting control technology, and development of hybrid lighting control systems.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this lighting control market in Mexico report, download the report brochure.
Lighting Control Market in Mexico by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Lighting Control Market in
Mexico: 2014-2025 (US $M) (Randomized Data)
The study includes the market size and forecast for the lighting control market in Mexico by application, installation type, connection type, and product as follows:
Lighting Control Market by Product Type [$M shipment analysis from 2014 to 2025]:
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LED drivers
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Sensors
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Switches & Dimmers
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Relay Units
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Gateways
Lighting Control Market by Application Type [$M shipment analysis from 2014 to 2025]:
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Indoor
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Residential
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Commercial
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Industrial
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Outdoor
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Highways & roadways lighting
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Lighting for public places
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Architectural
Lighting Control Market by Installation Type [$M shipment analysis from 2014 to 2025]:
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New installation
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Retrofit installation
Lighting Control Market by Connection Type [$M shipment analysis from 2014 to 2025]:
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Wired
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BACnet
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Powerline communication
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Wireless
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Zigbee
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Bluetooth
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EnOcean
In this market, LED drivers, sensors, switches & dimmers, relay units, and gateways are used for lighting control in residential, commercial, industrial, and various outdoor lighting applications. LED drivers will remain the largest product type and are expected to witness the highest growth over the forecast period due to increasing penetration of LED lighting, increasing utility and maintenance cost, and increasing demand for connected lighting.
Within the lighting control market, the indoor lighting application will remain the largest market; it is also expected to witness highest growth rate due to the increasing penetration of smart lighting system and increasing customer awareness for energy efficiency.
Some of the features of “Opportunities for the Lighting Control Market in Mexico 2014-2025: Trends, Forecast, and Opportunity Analysis” include:
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Market size estimates: Lighting control market size estimation in terms of value ($M) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, installation type, connection type, and product.
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Segmentation analysis: Lighting control market size by application (indoor and outdoor), installation type (new installation and retrofit installation), connection type (wired and wireless), and product (LED driver, sensors, switches & dimmers, relay units and gateways) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different application, installation type, connection type, and product of lighting control in the lighting control market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the lighting control market in Mexico by application (indoor and outdoor), installation type (new installation and retrofit installation), connection type (wired and wireless), and product (LED driver, sensors, switches & dimmers, relay units and gateways)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the lighting control market?
Q.4 What are the business risks and threats to the lighting control market?
Q.5 What are the emerging trends in this lighting control market and reasons behind them?
Q.6 What are some changing demands of customers in the lighting control market?
Q.7 What are the new developments in the lighting control market? Which companies are leading these developments?