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Home » News » Marketing News » Growth forecast and trend judgment of the US intelligent lighting market

Growth forecast and trend judgment of the US intelligent lighting market

Views:0     Author:Site Editor     Publish Time: 2018-08-26      Origin:Site

According to a new report from the Freedonia Group, the demand for smart lighting (including light sources, fixtures and controls) in the United States is expected to increase to $945 million by the end of 2018.


According to a new report from the Freedonia Group, the demand for smart lighting (including light sources, fixtures and controls) in the United States is expected to increase to $945 million by the end of 2018. Market research firm said it expects US smart lighting system sales to reach $4.4 billion by 2025.


According to The Freedonia Group, this exponential growth will be driven primarily by several factors.


First, the rapid growth of the broader smart technology and IoT market, including smart home devices, non-residential building automation and smart city infrastructure construction;


Second, consumers are interested in the convenience of smart lighting features such as wireless, remote and voice control;


Third, energy savings, especially in non-residential applications.


In addition, the research firm represents intelligent lighting control equipment, including lighting-specific control equipment (such as centralized lighting system control boxes, lighting-dedicated smart home control centers, and smart light switches and dimmers) that are separate from any light source or fixture. It has accounted for 63% of sales of smart lighting.


Intelligent lighting control is critical to energy savings in non-residential applications, using large sensor networks and intelligent analytics to reduce energy consumption. Smart lighting for the average consumer is primarily convenient (eg, voice control, remote control away from home) typically requires a bridge or control center. Building control suppliers have rapidly expanded their offerings to integrate smart lighting into a broader range of building automation and Internet of Things (IoT) systems.


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