2025 U.S. Smart Lighting System Sales Will Reach 4.4 Billion U.S. Dollars

Aug 25, 2018

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Join self-media error-Correcting subscriptions Reading: According to a new report by Freedonia Group, the demand for smart lighting (including light sources, lamps and controls) will increase to 9 by the end of 2018.

4.5 billion dollars.

2025 U.S. Smart lighting system sales will reach 4.4 billion U.S. dollars

Freedonia Group This chart shows the growth forecasts for the smart lighting market in the US and the main trends that are expected to drive it forward. According to a new report by Freedonia Group, the demand for smart lighting in the US (including light sources, lamps and controls) will increase to 9 by the end of 2018. 4.5 billion dollars.

Market research firm said it expects us to have 4.4 billion U.S. dollars in smart lighting sales by 2025.

According to the Freedonia group, this exponential growth will be driven mainly by the following factors.

First, the broader smart technology and the rapid growth of the internet of things, including smart home equipment, non-residential building automation and intelligent urban infrastructure, etc.;

Second, consumers are interested in the convenience of intelligent lighting functions, such as wireless, remote and voice control;

Third, energy conservation, especially in non-domestic applications.

In addition, the research company says intelligent lighting control devices, including lighting-specific control devices that are separate from any light source or luminaire (such as a centralized lighting control box, a lighting-specific smart home control center, and intelligent light switches and dimmer) have accounted for 63% of intelligent lighting sales in 2017. Intelligent lighting control is critical to the energy efficiency of non-residential applications, using large sensor networks and intelligent analysis to reduce energy consumption. For ordinary consumers, intelligent lighting is mainly convenient (for example, voice control, remote control away from home) usually requires a bridge or control center. Building control providers have rapidly expanded their offerings to integrate intelligent lighting into a wider range of building automation and IoT (IoT) systems.


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