2017-2020 LED intelligent lighting market development

After years of low-cost competition and industry consolidation, the LED lighting industry has entered a mature stage. The product cost performance has been greatly improved, the application market penetration rate has increased, and the traditional application market has gradually saturated. The competitive advantage of enterprises is gradually shifting from enterprise scale and product cost to product and technology capabilities, and the added value of products is increasingly prominent.

2017-2020 LED intelligent lighting market development

The rise of the Internet of Things has led LED lighting to move toward high-value digital lighting for small networks. The intelligent system collects users, environment and other information through various sensors, performs data analysis, and then performs equipment adjustment. The integration of personalized, people-oriented smart lighting is becoming the focus of future industrial development.

In 2017, with the development of technology, mature products, active promotion of manufacturers, and popularization of concepts related to smart lighting, the global smart lighting market has entered a stage of rapid development, with a market size of nearly 4.6 billion US dollars and an annual growth rate of 95%. The market is expected to continue to grow in the next few years, and by 2020 the global smart lighting scale will reach $13.4 billion.

Smart lighting not only achieves higher profit margins, but is also an excellent access point for smart cities. With the continuous development of the city, energy consumption, infrastructure and other aspects bring more and more challenges. By 2030, the global urban population is expected to reach 60%, and urban energy consumption accounts for about 75% of the total global energy consumption, and lighting will account for nearly 40% of the city's total energy consumption. As an important part of smart cities, smart lighting has inherent advantages in the number of IoT access points, and governments are actively promoting the development of smart cities.

Lighting giants including Philips and Osram have also laid out this market. In 2015, Philips Lighting participated in the Smart Connected Road Lighting Pilot Project in Los Angeles, deploying the Philips CityTouch Smart Connected Road Lighting Management System in Los Angeles, and Philips Lighting in 2017 will be City Touch flex. The intelligent interconnected road lighting system was introduced to China, and combined with China Telecom's next-generation Internet of Things (NB-IoT) technology and Tianyi cloud technology services, it can be accessed including urban emergency systems, traffic signal management systems, security monitoring systems, etc. Various smart city applications will jointly accelerate the construction of smart cities in China.

In January 2018, OSRAM released the new smart city central management platform SymphoCityTM (an open platform system that integrates software and hardware). In addition to managing lighting, it also enables a multi-functional integrated smart city central management platform for integrated management of urban security, environment, energy and communications. This will help city managers improve efficiency, reduce costs and promote the development of smart cities.

In addition, Chinese manufacturers Feile Audio and Chau Ming Technology are also promoting smart street lamps. Currently, they mainly undertake projects related to the Chinese government. Feile Audio has signed a smart city strategic cooperation agreement with more than 20 cities with Guizhou Province. The Gonggong County Government plans to build a “smart” project with a total investment of approximately RMB 4 billion.

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