Semiconductor

  Indoor lighting is the use of various lights to manage the ambience of a room and have a positive impact on the residents. The centralized control over lights due to strides in information technology and electronic devices are likely to push the approach of smart indoor lighting. It can be used to provide further control on the décor and look of rooms. The global smart indoor lighting market report by Market Research Future (MRFR) considers the various types of lights available, adoption of technologies, and its prospects for the period of 2018 to 2023 (forecast period). The COVID-19 pandemic and its impact on the industry is considered as a active factor and the narrative provided keeping it under consideration. Market Scope The global  smart home lighting market  is expected to grow at 27% CAGR over the forecast period. It can reach a value of USD 8 billion by 2023. The huge need for reducing consumption of electricity in industrial, commercial, and industrial setting...