Smart lighting market penetration is still lower than 2%

As issues such as the Internet of Things and smart cities continue to ferment, LED lighting is also being integrated with related technologies such as the Internet of Things, smart cities, and smart homes. Smart lighting is also regarded as a new blue ocean after the replacement of LED lamps. However, according to relevant data, the penetration rate of the current intelligent lighting market is still lower than 2%. Even if the advantages of intelligent lighting have been widely promoted for a long time, the scale effect has not yet formed. LED inside, a research institute, said that with the gradual maturity of the technology in the future, product forms will become increasingly diversified, and the market will show significant growth after the concept of smart lighting is popularized. It is expected that the output value of the company will reach $13.427 billion by 2020, and the outlook is still worth looking forward to.

Generally speaking, once the intelligent word is topped, the imagination space can develop huge. For example, any LED lighting system, such as street lamps, building lighting, and landscape lighting, will be built in smart cities, and it will generally be home and personal. Mainly smart homes, etc., have a wide market base. According to the category of application, the space in the public domain is strongly supported by the government, so the pace of development is relatively faster.

Although the public domain is the first place to start, commercial and industrial fields are still the largest application areas for intelligent lighting. Because of the long lighting time, smart control can be used to achieve energy-saving purposes. And a large number of lighting requirements also bring another commercial application that combines intelligent functions. For example, LED lamps and lanterns can combine visible light communication technology, can realize the function of accurate positioning, assist the commercial application such as the product broadcast service of the store.

In addition, the industry is an analysis. At present, smart lighting application promotion of the family is obviously not as warm as expected. The first is that consumers’ acceptance of products is still low and is limited by non-uniform standards. Consumers cannot directly install or use smart lighting products, or integrate different brands of products, which is easy to reduce consumer’s willingness to use.

Compared with the price of traditional LED lighting products, LED products with intelligent functions are not low prices, easily affect the consumer's willingness to buy. For smart lighting to enter every household, factors such as application cost and convenient use of the platform will be the issues that must be considered.