Trend of smart lighting
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Update time : 2021-08-18 19:25:02
Trend of smart lighting
At present, the new trend of home automation is penetrating into households with middle and high-income consumers. The ever-evolving smart home IoT technology has further promoted this trend. Among them, smart lights can be connected to control the functions of electronic devices. In addition, personal assistants such as Alexa, Crotona, and Siri can be synchronized with smart light applications, and can control the light tone, brightness, on/off time, and other functions using only voice commands. Similar transformations using smart lamps have also penetrated into commercial spaces.
The retail industry has become the biggest beneficiary of smart LED lighting. In addition to energy efficiency, "smart" lighting systems installed in retail stores also utilize Bluetooth Low Energy (BLE) and Visible Light Communication (VLC) technologies to enable LED lamps to communicate wirelessly with antennas and cameras in smartphones. Therefore, smart lighting LED technology can help retailers contact customers who visit the store and send information about discounts and product availability based on their buying patterns. It is expected that similar additional integrated functions will promote market growth in the next few years.
With the convergence of artificial intelligence (AI), the Internet of Things (IoT), and other technologies, the residential, commercial, and industrial sectors are slowly entering a rapid development path to expand the capabilities of LED smart luminaires. With the help of artificial intelligence in the local network, smart bulbs can create safe and sustainable lighting solutions while protecting user privacy because data is not uploaded to the cloud. When LED smart lighting is connected to electronic devices via Wi-Fi and other wireless methods, data privacy has always been one of the main issues. It is a way for hackers to penetrate into the network to access personal information.
In addition, during COVID-19, the incidence of hacking of infrastructure connected via the internet has increased. Therefore, building a strong security infrastructure to provide offline connections without the Internet can limit hackers and increase the efficiency and adoption rate of smart lamping during the forecast period.
Some data on the market:
High-end lighting market-The global high-end lighting market in 2016 was estimated to be 14.43 billion U.S. dollars. It is expected that the increased demand for connected lighting and interior design will become a key factor driving the industry's growth.
LED lighting market-The global LED lighting market is worth 50.91 billion U.S. dollars in 2020, and the compound annual growth rate (CAGR) from 2021 to 2028 is expected to be 12.5%. Strict regulations prohibiting or restricting the use of inefficient lighting technologies encourage the deployment of LED lighting government rebates and retrofit programs are boosting market growth.
Smart LED lighting market-The global smart LED lighting market in 2018 is estimated to be USD 7.32 billion. Increasing awareness of technologies such as wireless optical network data transmission, optical fidelity, and the Internet of Things (IoT) is expected to have a positive impact on the market.
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