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Chinese smart lighting market scale growth forecast


Intelligent lighting has the purpose of safety, energy saving, comfort and high efficiency. Therefore, intelligent lighting has good development prospects in the field of home, office, business and public facilities. With the development of emerging technologies such as the Internet of Things and big data, the functions of intelligent lighting systems to sense environmental changes and automatically adjust light intensity will continue to strengthen.

As the smart lighting market continues to grow, major manufacturers are also accelerating their layout. It is foreseeable that the intelligent lighting solution will bring a new operating mode, which will involve a huge industrial chain. Chips, sensors, LED lighting, communication modules, cloud platforms, etc. will have huge market opportunities. According to data from the OFweek Industry Research Institute, the global smart lighting market has increased in size over the past five years. In 2017, the market size was 26 billion yuan, of which lamps and accessories accounted for about 30%.

             Chinese smart lighting market scale growth forecast

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