Leading players such as Philips Lighting, Schneider Electric, Acuity Brands, Lutron Electronics, Siemens, Legrand, Honeywell, Johnson Controls, OSRAM, Cree Inc, General Electric and ABB are well placed to compete within the global market and shifting focus & efforts to improve market position in the frontier markets.

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𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

Energy Efficiency Requirements: Energy efficiency standards are becoming more important for the adoption of LMS, because these systems allow for precise control of lighting and help in saving power consumption levels efficiently. The push for light management solutions is being fueled by energy saving efforts, in commercial and public sectors worldwide.

Smart Building and IoT Integration: The increasing popularity of buildings has resulted in a higher usage of LMS systems that seamlessly connect with IoT devices for improved control purposes.Understanding this variation allows for monitoring and operation as well as instant data gathering which has led to its wider acceptance in industries such, as commercial real estate.

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