LED smart lighting market
Release time: 2023.12.18
In 2023, in response to the energy-saving market demand, there will be an increasing demand for
LED lighting products that can achieve dimming and color adjustment and be equipped with
intelligent control systems, especially in the outdoor and industrial lighting fields.
Looking forward to 2024, it is expected that consumer market demand will improve and the smart
home lighting market will rebound. On the one hand, typical commercial lighting products such as
spotlights, downlights and light strips are gradually penetrating into the field of smart home
lighting. The market size is expected to grow rapidly to US$2 billion in 2024.