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Global Lighting Control Equipment Market Share In 2018 Will

Recently, a well-known industry analyst firm - Global Industry Analysis (GlobalIndustryAnalysts, GIA) pointed out in latest research report that due to the rising importance of the industry, energy efficiency, and demand growth of wireless lighting control equipment,it is expected the Global lighting control equipment market share in 2018 will be up to $ 8 billion. Aladdin Lighting News reporter learned that the type of lighting control system used in airports, factories, hospitals, as well as the railway station and other buildings are rising. R & D and manufacturing advances make a large number of innovative lighting control products emerged. Moreover, due to the cost of the work trial conditions, easy to install, no need to modify the existing structure, wireless lighting control system is a significant popularity. Studies have shown that wireless lighting control system will replace wired control system to be new popular sales. In addition, the ballast accounted for the majority share of the lighting control equipment market, the emergence of electronic ballasts and price decline in future, coupled with the advantages of energy efficiency, electronic ballasts will have strong performance in the market. Currently, Europe is the largest region of the global lighting control equipment market,followed by the United States, due to the continuous increase of the new construction projects in the Asia-Pacific region as well as the mandatory government policy,they require the development of green technology and follow a variety of energy efficiency standards.

    
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