Exhausting Energy Resource in Developing Country: A Positive Sign for Global Lighting as A Service (Laas) Market in 2019-20

Ÿ   Base Year: 2018

Ÿ   Estimated Year: 2019

Ÿ   Forecast Period: 2019 to 2026

Lighting as a service is an all-inclusive subscription-based pricing model geared at making LED lighting a potential option for any business owner, facility manager or service manager. This pay as you go model does not require any high up-front payment and instead breaks these costs out over time making it a much more affordable option.

Market Insights

The study projects that the Lighting as A Service (Laas) market will register a xxxx% CAGR in terms of revenue, which is expected to reach USD xxxx million in 2026 from USD xxxx million in 2019.

As the ongoing evolution of smart technologies tends to push the overall lighting industry developed towards energy-efficient and cost-saving side, and for the purpose that to enhance the productivity and comfort, mass end-users are accelerating the use of this more safety and convenient system, which has become the major dynamic to the global Lighting as A Service (Laas) market.

Also, the report highlights another contributing driver is the negative influence of climate change brought by extra use of fossil fuels globally, which makes the supply of energy extremely difficult so as to offer boundless opportunities for this more energy-saving solutions.

Further, due to the increased demand for energy resources in developing countries such as India and China, markets in these regions are projected to make notable growth during the forecast period since they seek to find practical solutions to decrease the carbon dioxide concentration in the atmosphere.

One thing worth noting that is the surged spending on LED lights of government bodies or commercial-building manufacturers is probably going to buckle up the market in Commercial and Municipal segment.

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Competitive Outlook

The major global Lighting as A Service (Laas) market competitors include Acuity Brands Lighting, Enlighted Inc., General Electric Lighting, Golumeo, LumenServe, Light Edison, Metrus Energy, Philips Lighting, RCG Lighthouse, Sib Lighting, Sparkfund, UrbanVolt, Valoya, Zumtobel Group Ag, etc.

Type Outlook

•     Indoor

•     Outdoor

Application Outlook

•     Commercial

•     Municipal

•     Industrial

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Regions Covered in the Report:

North America

•     United States

•     Canada

•     Mexico

Europe

•     Germany

•     UK

•     France

•     Italy

•     Nordic Countries (Denmark, Finland, Iceland, Norway and Sweden)

•     Spain

•     Belgium

•     Poland

•     Russia

•     Turkey

•     Others

Asia-Pacific

•     China

•     Japan

•     India

•     South Korea

•     Australia and New Zealand

•     ASEAN Countries (Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, Others)

Latin America, Middle East & Africa

•     GCC Countries (Saudi Arabia, United Arab Emirates, Qatar, Others)

•     Brazil

•     Nigeria

•     South Africa

•     Argentina

•     Others

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The research report provides in-depth analysis on:

•     The estimation of the growth rate, market size and share of the Lighting as A Service (Laas) Market throughout the forecast period.

•     The assessments for the regional market layout characteristics in the world.

•     The SWOT of the Lighting as A Service (Laas) Market.

•     Leading manufacturers’ profiles, product features, business features, target customer features.

•     Significant trends for the growth prospects of the Lighting as A Service (Laas) Market by 2026.

•     The report tracks detailed information about merges, innovations, policies and recent developments in the industry.

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