Industry news

What is the Lighting Industries trend?

1.The market size continues to grow: In recent years, under the background of national policies, rising consumer demand for intelligent lighting, and continuous research and development and improvement of emerging lighting technologies, the development of my country's smart lighting industry has accelerated. Data shows that the scale of my country's smart lighting market will be 39.8 billion yuan in 2022, a year-on-year increase of 12.4%. In 2023, the scale of my country's smart lighting market will grow to 42.5 billion yuan, and it is expected to reach 47.9 billion yuan in 2024. Smart lighting shipments are also on the rise. In 2022, my country's smart lighting shipments will be about 27.995 million units, a year-on-year increase of 46.6%. In 2023, it will grow to 33.79 million units, a year-on-year increase of 20.7%. By 2024, smart lighting shipments are expected to reach 39.57 million units.

2.Wide range of applications: Smart lighting can be used in many fields such as home, office, business, public facilities, and outdoor. At present, its application areas are mainly concentrated in the fields of business and public facilities, such as hotels, exhibition venues, municipal engineering, road traffic, etc.; it is also used in office buildings and high-end villa projects. With the development of technology and the increase in product promotion, the application of smart lighting in the home field is expected to become popular, and there is also great development potential in fields such as outdoor lighting.

Rising demand for intelligence: Consumers' acceptance of smart homes has increased, more and more home categories have entered the smart era, and the lighting industry has gradually transformed towards digitalization and intelligence. Smart lamps have functions such as light brightness adjustment, color temperature, timing control, scene setting, etc., which can be intelligently controlled through voice, mobile phone/tablet applications, wireless panels or remote control technology, meeting consumers' pursuit of quality of life and convenience.

3.Technological progress and innovation: 5G, AI, Internet of Things and other technologies fully empower smart lighting, which has led to the continuous improvement of the technological content of smart lamps and made them more abundant and diversified in functions, such as forming a coordinated interaction with natural light and automatically adjusting lighting parameters according to the environment and needs. At the same time, lighting companies are also constantly exploring product differentiation, creating an intelligent ecological chain, and transforming from product providers to whole-house smart lighting solution service providers to promote industry development.

Energy saving and environmental protection advantages: Intelligent lighting can output the best lighting power under the condition of ensuring the normal operation of the lamps, reduce the lighting glare caused by overvoltage, make the light distribution more uniform, and save electricity to a large extent, which is in line with the current concept of energy saving and environmental protection, and is very attractive to enterprises and consumers who focus on energy saving and emission reduction.

4.Industry integration trend: As one of the core elements of smart home scenes, smart lamps are increasingly integrated with other smart home devices, forming a complete smart home system, realizing the linkage control of multiple devices, providing users with a more convenient and comfortable smart life experience, and further expanding the market space.