Intelligent Lighting Systems Market Is Poised To Gain Commercial Traction In The Forthcoming Years

Intelligent lighting systems market operate in the real-time scenarios that enables intelligent sensing and illumination monitoring. The widespread adoption of autonomous systems lead in the rise of intelligent appliances, aircraft and automobiles and many of these can operate automatically without any human intervention. Moreover, intelligent lighting systems offer customization options thereby reducing the need for power stabilizers. Because once the user preference is set, intelligent lighting systems can provide suitable illuminance without disturbing the lighting arrangement. 

SMART lighting systems encompass components such as movable illumination sensors, power meter and lighting fixtures connected in an array wherein information is shared in the network. As existing lighting systems fall short of efficiency and capability, there is a huge demand for autonomous yet flawless power networks. In short, intelligent lighting system can replace the traditional power grid models and with the help of emerging technologies such as Internet of Things and connected meters, there are high expectations set from this model. Also, there can be huge possibilities such as corporate organization and data centers try adopting intelligent lighting systems for their operations.

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Intelligent lighting system market size is expected to grow in the upcoming years as the industry witnessed major events like LED expo in India, LED and Laser Diode Technology expo in Japan and many more in 2019. Intelligent lighting system being the central theme in the LED expo highlighted the strategic collaboration between Messe Frankfurt India (organisers of LED Expo) and ELCOMA (Light India). It is predicted that this will be the biggest platform for lighting industry in India under the banner ‘Light + LED expo India 2020’. In addition, the collaboration represents change in business trends as smart lighting technologies will be the future. LED maintains a high dominance in the lighting industry in India with the regional markets getting matured in terms of scalability and adoptability. Hence, the LED advancements are expected to witness a high surge and Indian markets will witness LED expo twice a year hosted by Messe Frankfurt. 

The rising need for artificial lighting with a high capacity to lessen energy consumption by 30% drives the market growth. Additionally, the growing importance of semiconductors and sensors in existing lighting control helps in minimizing the energy footprint and likewise intelligent lighting system results in reducing energy consumption. On the other hand, the market is poised to witness a widespread adoption of sensors and semiconductors due to decline in the costs of wireless sensors and processors which is then anticipated to create growth opportunities in the near future.

North America is a fast-paced growing market owing to constant technological developments with an objective to expand power efficiency in end-use applications. Increase in disposable incomes of consumers is another growth aspect driven by high adoption of SMART lighting systems. Huge investments for SMART technology is pivotal for development of regional market. In addition, inception of big data and Internet of Things enhance integration of automated process with the smart lighting systems for residential.

Some of the key players identified in the intelligent lighting system market are Anolis Lighting, Coemar Lighting Srl, Clay Paky SpA, Dailight, Guangzhou Guanghong Stage Lighting Equipment Co Ltd., Harman Professional France SAS, OSRAM, Panasonic, Wipro Lighting and Zumbotel Group.