Many companies participate in the smart LED lighting market

Major suppliers in the smart lighting market include Philips Lighting, Osram, GE Lighting, Cree, Schneider Electric, Echelon, Acuity Brands, Silver Spring Networks, Deako and Tvilight, etc. Construction, mergers and acquisitions, and new product technology research and development will become the main markets Strategy.

Many companies participate in the smart LED lighting market

With the increasing popularity of home automation systems in the residential and commercial fields, major industry giants are already launching innovative products to keep in line with the customization needs of the current consumer base.

Speaking of this, Legrand, one of the most important experts in the smart lighting market, launched a series of new lighting control products at the 2018 US Consumer Electronics Show. The latest series is called Radiant Collection, which includes a variety of lighting and scene controllers, panels, dimmers, plug-in modules and light switches. It is worth mentioning that these devices are compatible with OpenSmart Foundation 1.3.1 security standards, and can be seamlessly integrated with Samsung ’s SmartThings, Amazon Alexa, and Google Assistant and other smart home platforms.

Obviously, the above Legrand case demonstrates the fact that the global smart lighting market participants are mobilizing their resources to develop advanced and high-end products at any time to survive in this growing business field.

Strategic cooperation between well-known enterprises will affect the development trend of the intelligent lighting industry.

Digital Lumens is one of the major players in the smart lighting market. Recently, it has cooperated with Schneider Electric to use interconnection technology and provide its customers with enhanced automation and energy management solutions. The company's open API enables its LightRules software platform to access a series of real-time sensor data and controls from solutions such as Schneider Electric's SmartStruxure, including energy consumption, temperature, and occupancy monitoring.

In addition, the API can also be integrated with third-party building management systems. As part of the agreement, Schneider Electric will support the company ’s sensor-based connected lighting and next-generation analysis suites, which will help Digital Lumens consolidate its position in the smart lighting industry in the next few years.

In June 2017, Australia-based Vivid Technology announced that it has signed a memorandum of understanding with Honeywell Building Solutions Australia to provide its LED lighting technology to a range of strategic products. It is worth mentioning that Vivid has worked with Honeywell in the past and has a good track record of successfully completing joint projects at RMIT University and Northern NSW Health in Northern Melbourne.

According to the latest memorandum of understanding, the two companies will use each other's marketing plan, technology enhancements and product roadmap to gain a competitive advantage in Australia's overall smart lighting industry.

Industry participants continue to strengthen cooperation to expand the North American smart lighting market share.

As one of the largest intelligent lighting market participants in North America, Acuity Brands has worked with Silver Spring Networks to develop networked street lighting control solutions. Obviously, the solution will help utilities, smart cities, and large-scale park operators to renovate their aging lighting infrastructure and improve operational efficiency. As part of the agreement, Silver Spring ’s standards-based Gen5 IPv6 network platform will be integrated with Streetlight Vision smart city management software. Industry experts pointed out that this integration will further upgrade the LED lighting system, thereby greatly reducing energy consumption.

Driven by numerous alliances among industry competitors, North America has more than 28% of the smart lighting market share. In addition to cooperation, the expansion of the North American smart lighting market can also be attributed to the growing prominence of smart cities in the region.

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