Building and home intelligence drives the smart LED lighting market
The LED home lighting market will officially enter the growth period from 2014 to 2016, maintaining a rapid growth rate of 30% every year. But on the other hand, LEDs greatly extend the life of lamps and lanterns, and the damaged replacement market is not as huge as the traditional lamps used in the past. Where should LED applications go in the future? "Smart lighting" may be the answer.
Although smart lighting is still in the promotion period, with the active investment of major system manufacturers and the energy-saving trend, the smart home market has more potential than smart phones. The market size in 2019 can reach 8.71 billion U.S. dollars.
According to LEDinside's latest "2015 Global LED Lighting Market Trends" report, the global lighting market will reach US$82.1 billion in 2015, of which the LED lighting market will reach US$25.7 billion, with a market penetration rate of 31%.
According to the regional observation of the global LED lighting market scale in 2015, the European region occupies 23% of the market scale. Although the government does not provide large-scale subsidy policies, its high electricity prices and differences in light culture make LEDs in commercial lighting and outdoor architectural lighting market demand promote. As a major lighting product manufacturing country, China occupies a 21% market share. Coupled with cost advantages and a complete supply chain, the market is the most competitive. The US market accounts for 19% of the market. The demand for LED commercial lighting is developing strongly, and the market for lamp replacement is the fastest growing. Japan has a 9% market share, and commercial lighting and industrial lighting have huge growth potential. The door to emerging markets will be greatly opened in 2015, including the rest of Asia, the Middle East and India, and Latin America, which together account for 28%. The growth momentum is mainly due to population, policy promotion and project promotion.
Smart lighting is part of the smart home. Under the leadership of the Internet of Things, the future smart home market has the opportunity to surpass smart phones, and smart lighting will follow the smart home boom and become a potential market for LED lighting. On the other hand, the trend towards smart buildings and cities is driving the growth of smart lighting technology and the market. Building Energy Management System (BEMS) and Home Energy Management System (HEMS) have incorporated lighting as one of the links, plus with the introduction of semiconductor lighting, it is accelerating the development of smart lighting.
The intelligent lighting system can automatically adjust the most comfortable color temperature and brightness according to human psychological and physical needs, or the needs of the illuminated object. With the measurement information provided by the sensing control, the intelligent lighting system will select the best visual or the most suitable lighting for human physiology.