Electrical Equipment Manufacturing Global Market Forecast To 2022

Asia Pacific was the largest region in the global electrical equipment manufacturing market, accounting for 41% of the market in 2018. Western Europe was the second largest region accounting for 25% of the global electrical equipment manufacturing market. Africa was the smallest region in the global electrical equipment manufacturing market.

Major lighting equipment companies are integrating lighting fixtures with IoT technology to enable remote user control and analyze the data in the environment. IoT technology allows tracking of non-lighting metrics, such as the building performance, physical assets and human activity. Beacons, which are small Bluetooth radio transmitters that give signals to other devices, are used to enable wireless lighting control and broadcast the location of the fixtures. For instance, Belleds, a smart lighting designer based in Cambridge, offers wireless lighting control and broadcast location through luminaires using the beacon technology. The company is partnering with major lighting companies such as GE, Philips and Acuity to provide its services .

Tags: Global Electrical Equipment Manufacturing Market, Global Electrical Equipment Manufacturing Market Research Report, Global Electrical Equipment Manufacturing Market Trends