Marketing News

Italian LED smart lighting market is expected to expand significantly


Researchers at the Politecnico di Milano University presented a report on “Efficient & Intelligent Lighting”, which described a scenario in which the Italian LED and smart lighting market is expected to grow at double-digit rates by 2020. . This means that in 2020, in addition to the intelligent lighting market worth 140 million euros, the Italian LED market will certainly grow from 900 million euros in 2015 and exceed 1.2 billion euros.

Researchers at the Politecnico di Milano jointly study LED transmission and intelligent lighting solutions for residential, industrial and public lighting. Studies have shown that although the future development of LED technology has great potential, current LED technology still has low penetration. The report also pointed out that by 2020, LED and intelligent control systems will increase from 8% to 42%.

The number of LED products for home lighting in Italy will reach 400 million. Compared with 2015, the industrial lighting market has increased by 80%, and the installation ratio of LED products accounts for 20% of the Italian manufacturing plants. In terms of public lighting, the number of LED street lights in 2020 can reach 3.5 million, saving 1TWh of electricity per year (5% of total electricity).

In the office, the market for LEDs and smart lighting is very broad, they are not only more efficient but also smarter. The lighting system includes intelligent control and management equipment with a comprehensive range of sensors and smart city service infrastructure.

According to the report, in 2020, there will be more than 680,000 households in Italy involved in smart lighting products (almost 2.7% of the total number of households). Compared with the 180,000 households in 2015, there is a significant increase (0.7% of the total number of households). In the industrial sector, 20,000 small businesses, 770 medium-sized enterprises and 150 large enterprises will realize smart technology in 2020, which is less than 20% of the total number of enterprises. It is expected to increase the penetration of intelligent lighting in business and office. In terms of public lighting, the proportion of street lights is expected to increase from 3% in 2015 to 8%.

We use cookies to offer you a better browsing experience, analyze site traffic and personalize content. By using this site, you agree to our use of cookies. Privacy Policy
Reject Accept