LED smart lighting rapid developing opportunities

After the price competition and industry integration, LED lighting industry has matured, and industry players have begun to pay attention to the added value of their products. With the development of technology, the global smart lighting market has entered a period of rapid development. According to statistics, the smart lighting market in 2017 was close to US$4.6 billion, with an annual growth rate of 95%.

With such rapid development in recent years, where did the opportunity come from? Related professionals have summarized the reasons behind this into three points:

First, with the pre-market cultivation and promotion of the market, more users are concerned about intelligent lighting, and more and more people are willing to try.

Second, product experience is constantly improving. With the continuous cross-border integration of industries, more and more IT companies and lighting companies are cooperating to build ecological chains and standards, and introduce new technologies such as voice control and sensor control;

Third, the cost has been declining and the number of participants has increased. The increase in shipments will inevitably bring about a drop in costs.

From the outside world, intelligent lighting has the advantage of falling behind. Compared with traditional manual lighting, intelligent lighting can achieve the goals of safety, energy saving, comfort and high efficiency. In the future, when the human cost is greatly increased, the adoption of intelligent lighting overall solutions can effectively reduce the intensity of maintenance work, save labor costs, and save energy. Therefore, intelligent lighting has good prospects for development in the home, office, business, and public facilities.