The annual growth rate of China's smart lighting industry market in 2022 will be around 23%

With the development of the lighting industry for many years, the national LED industry has formed five major regions: the Pearl River Delta, the Yangtze River Delta, the Bohai Sea Rim, the Fujian and Jiangxi regions, and the central and western regions. Among them, these five regions account for more than 90% of the LED companies in the country, and basically form a relatively complete LED characteristic industrial clusters system from upstream chips, epitaxy, midstream packaging to downstream applications, and relying on the construction of the national LED industry base.

According to the data of the professional version of Tianyancha, in 2020, there will be 9,973 registered enterprises in Guangdong province, with an annual registered growth rate of 14.14%. As of March 10, more than 80,000 enterprises in the province have met the "lighting lamps" corporate standards in emerging industries. Among them, Zhongshan City leads the province with more than 32,000 (40.58%), and Shenzhen has 26,000. With more than one (33.32%) lighting companies, the two cities account for more than 70% of the province's share. Guangzhou ranks third with 5,838 (7.25%) lighting companies.

In recent years, driven by technologies such as big data, artificial intelligence, and the Internet of Things, the traditional lighting based on tungsten filament lamps and gas discharge lamps in the past, to LED lighting based on semiconductor devices, has gradually moved towards an Internet of Things. The era of smart lighting IDC released the forecast of China's smart home market in 2021. By 2021, the growth rate of China's smart lighting will exceed 90%. According to data from the Advanced Industry Research LED Research Institute (GGII), the total scale of China's LED smart lighting market will reach 46.6 billion RMB in 2021, of which indoor smart lighting is expected to be 27.3 billion RMB, and outdoor smart lighting is expected to be 19.3 billion RMB.

Facing the promising smart lighting market, traditional lighting manufacturers such as Op Lighting, Sunshine Lighting, and Foshan Lighting have deployed one after another to occupy the commanding heights of development. Last year, Foshan Lighting strengthened the development and promotion of smart lighting products, and cooperated with Alibaba (Tmall Elf Artificial Intelligence Laboratory), Huawei (Hilink), Baidu (Xiaodu), etc. to develop smart home lighting products; On January 18, 2021, Op Lighting launched the South China Park project, claiming to build the new South China Park into a national smart manufacturing demonstration base and a highland for smart product research and development.