2018 global LED indoor commercial lighting market is 15.87 billion dollars

In recent years, due to the energy-saving benefits and cost-effectiveness of LED lamps, they have gradually gained consumer recognition. The global LED commercial lighting market continues to expand. In 2018, the global LED indoor commercial lighting market was 15.87 billion US dollars, accounting for the global LED lighting output value. 42%, estimated global LED commercial lighting 2018 ~ 2021 compound annual growth rate of 3%, compared to previous years, the slowdown, mainly due to the decline in the terminal prices of LED lighting products and the market need to change the stock decline.

In 2018, commercial smart lighting accounted for 33.5% of the global smart lighting market, reaching 2.53 billion U.S. dollars, because digital features can bring more new business models and value growth points, so commercial lighting is currently the largest intelligent lighting Application site. The market is expected to continue to grow in the coming years, and by 2020, the global smart lighting scale will reach US$13.4 billion.

Flat lamp product market trends: Europe and the United States flat panel lamp size 600 * 600mm, more with a dimming function, mainly warm white, life expectancy of 40,000 hours or more. Japan's flat panel light products have high light quality, and they are moving towards the development of remote control for smart lighting. They also focus on designing products that are more in line with market demand in combination with local culture, and the product size is more flexible, with Panasonic being the most significant.