Globally the market for lighting controls will rise from $1.5 billion in 2012 to over $4.3 billion

This interesting article which is one of a number emanating from global research companies this year focussing on the Smart lighting controls market and emerging market disruptive technologies enabling many new players to deliver such solutions that better serve the developer, owner, manager and user of commercial and public buildings. While North America will remain the largest market for intelligent lighting controls through the end of the decade, the most rapid growth will come in Asia Pacific, where revenues will rise at a compound annual growth rate (CAGR) of 21%