The smart lighting market is expected to exceed $ 8 billion in 2020

With the rise of smart city, intelligent lighting will become a new burst of LED industry. It is expected that in 2020 the size of the smart lighting market will be more than 8 billion US dollars. Intelligent lighting, as the basis of the wisdom of the city, vigorously developed the wisdom of the city's policy by various provinces and cities, usher new development opportunities. Intelligent lighting products in the current market penetration rate is less than 10%, and mainly used in such as urban roads, parks and other public areas of public lighting field. At the moment, including buildings, hotels and other professional intelligent lighting, and civilian home intelligent lighting, the intelligent lighting ecosystem of the Internet has been formed and iterated, optimized and developed. Under the general trend of the Internet, the market of the intelligent lighting market has the outbreak condition. It is expected that the future of intelligent lighting market will usher in explosive growth.

According to the relevant research, 2013-2020 intelligent lighting market will be in the accelerated expansion of 17% annual compound annual growth rate. By 2020, the smart lighting is expected to more than 8 billion US dollars. The market development space is huge. CMS China statistics show that, without considering the high value-added products, only 2014-2015 two years of intelligent lighting industry will provide at least more than 60 billion RMB of market space. Intelligent lighting has an important role on improving the quality of life, improve work efficiency, and enhance the management level. Intelligent lighting development space is huge, with the improvement of living standards, intelligent lighting applications will become more common, will become the new outlet of the lighting industry development. In the era of intelligent lighting, LED is no longer in the form of products, but in the form of system solutions. The future direction of intelligent lighting development will be personalized and customized.