Return

The expansion of the intelligent lighting market and the diversification of demand are conducive to the rapid development of the industry.

The expansion of the intelligent lighting market and the diversification of demand are really conducive to the rapid development of the industry. This phenomenon can be analyzed in detail from the following sides:

Aug 28,2024

The expansion of the intelligent lighting market and the diversification of demand are conducive to the rapid development of the industry.

The expansion of the intelligent lighting market and the diversification of demand are really conducive to the rapid development of the industry. This phenomenon can be analyzed in detail from the following sides:

1. Market scaling up
Data growth. In recent years, the intelligent lighting market has shown rapid growth. According to relevant reports, the market volume of China's intelligent lighting industry reached 44.40 billion yuan in 2023, which is a significant increase over previous years. Among them, the market size of control systems is 19.45 billion yuan, and the market size of lighting and accessories is 24.95 billion yuan.
Political support: The country has adopted a number of policy measures, such as “Notification of the Ministry of Commerce and other 13 departments on a number of measures to stimulate home consumption”, “Work Plan for the Stable Growth of Light Industry (2023-2024)”. "The Ministry of Industry and Information Technology and six other departments", "Guiding Opinions for Promoting the Development of the Energy Electronics Industry" and other policies have provided strong support for the development of the intelligent lighting industry.
Technological progress. With the continuous development and application of technologies such as the Internet of Things, artificial intelligence and 5G, smart lighting products are constantly being iteratively updated, adding richer and more diverse functions to meet the diverse needs of the market.
2. Diversification of needs
A variety of application scenarios: intelligent lighting products are widely used in home, commercial, industrial, urban lighting and other fields. Different fields have different requirements for smart lighting products, which is conducive to the diversification and customized development of products.
Improving consumer demand: With the improvement of living standards, consumer demand for lighting products is no longer limited to the lighting function itself, but pays more attention to intelligence, energy saving, health and product personalization. The growth in demand is encouraging companies to constantly develop new products to meet market demand.
Healthy lighting concept. In recent years, the concept of healthy lighting has gradually gained popularity. Consumers are increasingly looking at the effects of lighting fixtures on vision, mental health and sleep quality. Therefore, smart lighting products with functions such as eye protection, blue light protection and lighting adjustment are welcome in the market.
3. Factors contributing to the rapid development of the industry
Technological innovation: Technological innovation is the main driver of the rapid development of the intelligent lighting industry. Enterprises gain competitive advantages in the market by constantly developing new technologies and new products to improve the level of intelligence and added value of their products.
Industry chain cooperation. The development of the intelligent lighting industry is inseparable from the cooperation of industry chains. The close cooperation between raw material suppliers, mid-level manufacturers, distribution channels and third-party service providers has contributed to the rapid development of the entire industry.
Market demand. As consumer awareness and demand for smart lighting products have grown, market demand has become an important factor in promoting the rapid development of the industry. Enterprises adjust product structure and production plans according to market demand to meet market demand and achieve sustainable development.
To summarize, it can be said that the expansion of the intelligent lighting market and the diversification of demand have jointly contributed to the rapid development of the industry. In the future, with the continuous development of technology and the continuous renewal of market demand, the intelligent lighting industry is expected to open up broader development prospects.

NEXT: