Overview: With the application of Internet of Things technology and artificial intelligence technology in many industries, the continuous enrichment of smart products, smart lighting, as an important sub-industry of smart products, has attracted more and more attention from consumers, and consumers have put forward new requirements for the intelligence of lighting products. At the same time, the 5G era and interconnection technology have accelerated the iteration of smart lighting equipment, making consumers have new needs for intelligent and high-end lighting and adaptability to various use scenarios, which in turn has promoted the expansion of the scale of the smart lighting industry in mainland China. According to the data, the market size of the smart lighting industry in mainland China will be about 41.3 billion yuan in 2022, a year-on-year increase of 12.2%.
Keywords: development trend of smart lighting industry, competition pattern of smart lighting industry, market size of smart lighting industry, relevant policies of smart lighting industry
1. Overview
Intelligent lighting refers to the use of lighting products, sensors, communication devices, through intelligent methods to brightness adjustment, light on/off distribution control, spectrum adjustment control, scene setting and other functions, to achieve safety, energy saving, health, comfort and other characteristics. Compared with traditional lighting devices, smart lighting devices have more new functions and can provide consumers with a new experience, smart lighting devices can collect environmental, user and other information through various sensors and communication devices, and adjust the device according to the information. At the same time, intelligent lighting equipment is also the entrance to the smart city, when the intelligent lighting equipment in all corners of the city to complete the coverage, you can play a role in urban planning, traffic information, environmental detection and other aspects according to the information of intelligent lighting equipment. According to different application fields, smart lighting can be roughly divided into four categories: industrial and commercial lighting, home lighting, outdoor lighting and public lighting.
Second, industry policies
In 2021, the state issued the "Outline of the 14th Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Long-Range Objectives for 2035" and the "Guiding Opinions of the Ministry of Housing and Urban-Rural Development and Other Departments on Accelerating the Development of Digital Homes and Improving the Quality of Living". There are existing residential and community supporting facilities, and there are certain smart products, and the digital transformation has achieved initial results. In 2022, the state issued the "14th Five-Year Plan for National Urban Infrastructure", which proposes to focus on green lighting and smart light poles to strengthen the energy-saving transformation of urban lighting. The industrial policies successively introduced by the state provide a clear and broad market prospect for the development of the intelligent lighting industry, and provide a good production and operation environment for enterprises.
Third, the industrial chain
From the perspective of the industrial chain, the upstream of smart lighting is raw materials, parts, control systems and models; According to different products, the midstream part can be mainly divided into two parts: intelligent lighting equipment and intelligent lighting platform; According to different application scenarios, the downstream part can be divided into industrial and commercial lighting, home lighting, outdoor lighting, public lighting, etc.
LED chip is one of the important components to achieve intelligent lighting, in recent years, benefiting from the growth of downstream lighting export demand, superimposed on the domestic consumer market recovery, in recent years, the overall lighting industry market has gradually recovered, which has promoted the recovery of the mainland LED chip market scale. According to the data, the market size of the LED chip industry in mainland China will be about 23.1 billion yuan in 2022, a year-on-year increase of 2.1%.
China's LED chip market size from 2015 to 2022
Note: This article is excerpted from the industry analysis article "A Quick Snapshot of China's Smart Lighting Industry in 2023: Rapid Expansion of Industry Scale Driven by Technology and Demand" released by Zhiyan Consulting.
Based on the authoritative data released by the National Bureau of Statistics, government agencies and industry associations, the "Research Report on the Market Operation Situation and Development Strategy of China's Smart Lighting Industry" released by Zhiyan Consulting combines the collection and analysis of global data such as in-depth research data, expert feedback data, and internal operation data to improve the efficiency of customers' business decision-making. This report makes an in-depth investigation and research on the current situation and market of China's smart lighting industry, and makes a prudent judgment on the future development prospects and trends according to the development trajectory of the industry, which provides a crucial decision-making reference for investors to find new market investment opportunities and enter the investment layout of the smart lighting industry.
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