Why smart lighting has become popular in the market

With the continuous improvement of the luminous efficiency of LED components and the sharp decline in manufacturing costs, on the premise of improving the problem of global warming, governments of various countries have promoted LED lamps through various policies, which has also led to the continuous expansion of LED lighting applications.

The U.S. Department of Energy believes that LED lighting efficiency is more than 6-7 times that of traditional lamps, and product durability is more than 25 times. It is expected to save US $ 250 billion in energy costs in the next 20 years, and the electricity consumption of lighting Can reduce nearly 50%, can reduce 18 million tons of carbon emissions. Under the multiple advantages of saving power and reducing carbon emissions, it naturally promotes the global sales of LED lamps.

智能照明成市场为何流行起来

Although the potential of the LED lighting market is endless, in the past few years, many new entrants have been attracted to join, so that the lighting industry, which has been slow to move, has gradually moved to the Red Sea market where prices have been reduced, forcing many major lighting brands to readjust their business strategies.

Consumer market plunges into price war

As the penetration rate of LED lighting products continues to grow, the consumer market is showing a trend of excessive competition, which has also led to the development of low-cost LED lighting fixtures. In the 2018 lighting-level packaging and LED lighting market outlook, the lighting market will develop towards smart lighting, niche lighting, and emerging country lighting, and the smart lighting market has the greatest potential.