Energy Savings Imperatives Drive 138 Million Smart Light Component Shipments in 2030

NEW YORK, March 27, 2024 /PRNewswire/ -- Smart Lighting or Network Lighting Control (NLC) is a premium lighting product that has been in the market for more than a decade, offering additional efficiency by automating and dynamically controlling conventional LED systems. Rising operational costs are driving the push for energy efficiency. At the same time, occupant well-being and labor shortages motivate building owners and developers to embrace connected intelligent lighting solutions. According to global technology intelligence firm ABI Research, 138 million smart light components, which include luminaires, sensors, controllers, and switches, will be shipped in 2030 and installed in smart buildings.