2018 global LED indoor commercial lighting market is 15.87 billion US dollars
The latest report "2018 Commercial Lighting, Smart Lighting and Panel Light Market Report" said that in recent years, due to the energy-saving efficiency and cost-effectiveness of LED lamps, consumers have recognized that the global LED commercial lighting market continues to expand, and global LEDs in 2018 The indoor commercial lighting market is 15.87 billion US dollars, accounting for 42% of the global LED lighting output value. It is estimated that the annual compound growth rate of global LED commercial lighting 2018-2021 is 3%, compared with the previous years, the growth rate is slowing down. The main reason comes from the decline in the terminal price of LED lighting products and the decline in stocks that need to be replaced in the market.
According to LED inside analysis, the top 20 commercial lighting manufacturers in the world ranked the top ten commercial lighting manufacturers including Philips Lighting, Acuity Brands, Panasonic, LEDVANCE, Eaton Lighting, Toshiba, NVC Lighting, Fagerhult, Sunlight, Hubbell.
In 2018, commercial smart lighting accounted for 33.5% of the global smart lighting market, reaching 2.53 billion US dollars. Because digital features can bring more new business models and value growth points, commercial lighting is currently the most intelligent lighting. Application place. 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.
Flat-panel lamp product market trend: Europe and the United States flat-panel lights more common size 600 * 600mm, more with dimming function, warm white light, life expectancy of more than 40,000 hours. The quality of Japanese flat panel lamps is high, and the trend of remote control is realized towards intelligent lighting. The focus is on combining local culture to design products that are more in line with market demand, and the product size is more flexible, which is most prominent in Panasonic.