The global Bluetooth led bulb market was valued at USD 121 million in 2019 and is estimated to reach USD 237 million by 2026, expanding at a CAGR of 10% during the forecast period, 2020 – 2026. The growth of the market is attributed to increasing demand for energy efficient lighting system.
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Bluetooth led bulb is an innovative technology, this bulb uses the intelligent lighting control systems to manage light, on the basis of various parameters, such as color, amount of natural light, temperature, movement, and occupancy. This technology is expected to compete in a many range of lighting applications successfully, owing to its rising cost competitiveness. These bulbs are operated using smartphone app features or specially designed remote controls.
Additionally, the increasing significance of smart homes is projected to drive the demand for bluetooth led bulbs. The Chicago Department of Transportation declared the application of Streetlight Modernizing Program in 2018 with the goal to replace 270,000 conventional street lights with led bulbs.
Segment covered in the report:
By Compatibility Types:
Smartphones
Tablets
Laptops
By Application:
Residential
Commercial
Industrial
By Regions:
Asia Pacific
North America
Latin America
Europe
Middle East & Africa
By Key Players:
Osram
OPPLE Lighting
Lutron Electronics
Legrand
Koninklijke Philips
iLumi Solutions
Honeywell
General Electric
Evluma
Eaton
Delta Light
and Acuity Brands
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Table Of Content:
1.Executive Summary
2.Assumptions and Acronyms Used
3.Research Methodology
4.Bluetooth LED Bulb Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bluetooth LED Bulb Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bluetooth LED Bulb Market – Supply Chain
4.5. Global Bluetooth LED Bulb Market Forecast
4.5.1. Bluetooth LED Bulb Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bluetooth LED Bulb Market Size (000? Units) and Y-o-Y Growth
4.5.3. Bluetooth LED Bulb Market Absolute $ Opportunity
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bluetooth LED Bulb Market Size and Volume Forecast by Type
5.3.1. Red Light
5.3.2. Blue Light
5.3.3. Green Light
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
Continued…
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