After several years of low-price competition and industry integration, the LED lighting industry has entered a mature stage. The performance-price ratio of products has been greatly improved, the market penetration of applications has been improved, and the traditional application market has gradually saturated. The superior competitiveness of enterprises is gradually shifting from enterprise scale and product cost to product and technological capability, and the added value of products is becoming increasingly prominent.


The rise of the Internet of Things drives LED lighting to high-value digital lighting with small networking. Intelligent system can collect user, environment and other information through various sensors, analyze data, and then adjust equipment. Intelligent lighting that integrates individualization and people-oriented is becoming the focus of future industrial development.



In 2017, with the development of technology, maturity of products, active promotion of manufacturers and popularization of related concepts of intelligent lighting, the global intelligent lighting market entered a stage of rapid development, with a market size of nearly 4.6 billion US dollars and an annual growth rate of 95%. In the next few years, the market is expected to continue to grow, with the global smart lighting scale reaching $13.4 billion by 2020.