Overview Of Smart Lighting Applications

Smart lighting products are currently widely used in four major sectors: industrial and commercial, residential, and outdoor and public lighting. Industrial and commercial lighting accounts for the largest share at 57.21%, while residential lighting accounts for 21.36%. Globally, the outdoor lighting market is steadily growing, projected to reach US$51.62 billion by 2032, with a CAGR of approximately 5.1%. In China, the outdoor lighting market size is expected to grow from RMB 124.7 billion in 2019 to RMB 177.5 billion in 2023, with a CAGR of 9.23%.

Smart lighting features energy-saving characteristics; for example, the annual power consumption of a single lamp can be reduced from 157 kWh to 21.9 kWh, saving approximately 80% on electricity costs. Customized services are offered by some manufacturers for high-end residential communities and commercial projects.

In terms of business models, some manufacturers are shifting from providing single products to providing full-scenario smart lighting solutions, supporting cloud management and open API integration with third-party platforms.