Future demand for integrated LED lighting products combined with smart applications will rise

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2020-10-23 16:27

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With the tide of LED lighting replacement, the future demand for integrated LED lighting products will gradually rise, especially products that combine smart lighting applications. "The next ten years will be a decade in which the Internet of Things, smart city construction, and semiconductor lighting application technologies develop simultaneously and thrive."
 
Since 2014, the penetration rate of LED lighting in the global market is rapidly increasing. The output value of LED lighting this year is expected to reach 17.8 billion US dollars, and the overall LED lighting product shipments will reach 1.32 billion. Affected by the improvement of upstream chip technology and the rapid decline in prices, the gap between LED lighting and traditional lighting products has gradually narrowed. It is expected that the proportion of LED lighting products will increase year by year since 2014, the trend of LED lighting replacement is spreading in a large area, and new technologies are constantly emerging. At the same time, integrated LED lighting products equipped with smart lighting applications have appeared one after another and attracted the eager attention of consumers. Therefore, major international manufacturers are optimistic about the development trend of LED intelligent lighting.
 
"The development of LED lighting will go through three stages: the first stage is to replace traditional lighting, the second stage is to improve light efficiency and innovation, and the third stage is the era of interconnected lighting. It will not only serve the function of lighting. , But to bring more system services based on lighting."

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