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Sales of Wireless Lighting Market to Witness Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive

Future Market Insights (FMI)’s upcoming research study on the global Wireless Lighting market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Wireless Lighting Market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Wireless Lighting market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the industrial automation & equipment industry. The Wireless Lighting market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Wireless Lighting market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

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The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Wireless Lighting market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

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Wireless Lighting Market: Segmentation

To analyze the Wireless Lighting market effectively and efficiently, the information has been segregated into key segments and sub-segments.

By Product

  • Wi-Fi
  • Z-Wave
  • ZigBee
  • Bluetooth
  • Enocean

By Application

  • Residential
  • Commercial Buildings
  • Government offices and building
  • Street Lighting
  • Others

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Wireless Lighting Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Wireless Lighting market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Wireless Lighting market report.

Key players covered in the report include:

  • Panasonic Corporation
  • GE Lighting
  • Schneider Electric S.E
  • Acuity Brands Lighting
  • Hubbell Lighting
  • Honeywell International
  • OSRAM Licht AG
  • Eaton Corporation
  • CREE Inc
  • Royal Philips NV.
  • Leviton Manufacturing Co., Inc
  • Lutron Electronics Co., Inc
  • Glamox lighting
  • Lifi Labs Inc
  • Switchmate Home LLC
  • IKEA
  • Disano Illuminazione S.p.A
  • EGLO Leuchten GmbH

Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of Wireless Lighting in different regional markets?
  • At what rate has the global Wireless Lighting market been expanding during the forecast period?
  • How will the global Wireless Lighting market look like by the end of the forecast period?
  • What innovative technologies are the Wireless Lighting market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Wireless Lighting market?

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Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Wireless Lighting market.