The market size of special commercial lighting is expected to reach 16.4 billion U.S. dollars in 2020
Plant lighting: The market prospect of LED application in plant lighting is quite optimistic, and the market scale is expected to grow rapidly. The market size in 2016 was approximately US$575 million, and LEDinside estimates that it will grow to US$1.424 billion by 2020.
Medical surgical lamp lighting: In 2016, the global medical surgical lamp lighting market reached 612 million U.S. dollars, and it has been increasing year by year. According to LEDinside's estimation, the global medical surgical lighting market will grow to 787 million U.S. dollars by 2020.
Marine lighting: According to LEDinside's estimates, the global LED marine lighting output value in 2016 was 233 million U.S. dollars. Because the lamps on ships have stringent regulatory requirements, they are special compared to general lighting, have higher unit prices and relatively stable prices. The global shipping industry is facing the pressure of overcapacity, the number of new ships is limited, coupled with the long service life of ship lighting. Therefore, most of the growth momentum of LED ship lighting comes from the replacement of traditional light sources. Therefore, LED marine lighting is a special lighting application with relatively stable output value and high gross profit.
Port lighting: According to LEDinside's estimation, the global LED port lighting output value reached 587 million U.S. dollars in 2016. Due to the stringent environmental requirements of port lighting, lighting fixtures need to have a higher level of protection and erection height. Most port lighting fixtures are large alternatives to HID. The unit price and specifications of the power LED lighting lamps are much higher than those of traditional lighting. However, due to the relatively fixed number of terminals and ports, the growth momentum of LED port lighting mostly comes from the replacement of traditional light sources, which is a special lighting application with relatively stable output value and high gross profit.
Smart lighting: In 2015, the global smart lighting market was estimated to be US$1.716 billion. Although LED lighting has entered the low-price era, the smart lighting market is not yet mature, the scale effect has not yet formed, and the cost of related software and hardware products is high. Therefore, the current smart lighting market is relatively small. However, with the future technology, product maturity, manufacturers' active promotion, and the popularization of smart lighting related concepts, the market will continue to grow and is expected to reach 13.427 billion US dollars in 2020.