Analysis of LED lighting Technology Development

The rise of the Internet of things has pushed the development of science and technology industry to another new level. Through a variety of sensors to collect user, environment and other information, and data analysis, equipment regulation of intelligent systems, for the traditional LED lighting industry to bring new opportunities for development.

After the low-price competition and industrial consolidation in recent years, LED lighting industry has gradually reached a mature stage. In order to get rid of the price-cutting competition and improve the added value, many large LED lighting factories have positively laid out "intellectualized". Intelligent lighting will not only practice in industrial, government-led urban lighting, but also commercial use. In the scene, the integration of personalization, and people-oriented as the main axis of development, intelligent lighting has undoubtedly become the LED lighting industry in 2018 the most important development trend.

This year, the theme of the biennial important lighting exhibition, the Frankfurt Lighting Fair (Light + Building 2018), has also chosen the safe and convenient networking of intelligent lighting as its exhibition theme. The LED Inside will not only bring readers the first-hand exposure and coverage of this important exhibition, but will also be in the exhibition. This month, we will take the lead in introducing the topic of "LED New Business Opportunities Intelligent Lighting Full Resolution". We will start from the market of intelligent lighting, in-depth analysis of LED intelligent lighting technology development, application cases, potential market analysis, as well as the development of competitors OLED lighting.

First of all, let's start with the smart lighting market. With the development of technology, the maturity of products, the active promotion of manufacturers and the popularization of intelligent lighting related concepts, the global intelligent lighting market has entered a stage of rapid development. According to LED inside's forecast, the market size will be close to 4.6 billion US dollars in 2017, with an annual growth rate of 95%. The market will continue to grow in the next few years. By the year 2020, the scale of global intelligent lighting will reach US $13 billion 400 million.

It is undeniable that intelligent lighting plays an important role in improving the quality of life, working efficiency and management level. With the improvement of living standards, the application of smart home lighting will become more and more common, and will become a new outlet for the development of lighting industry. In addition, as Apple and Amazon have entered the smart home market, it will undoubtedly drive the overall market to have a faster development.