News

Home / News / Smart Fixtures to Triple Share of General Purpose Lighting Market Through 2024
News

Smart Fixtures to Triple Share of General Purpose Lighting Market Through 2024

According to new research, although only a small part of the general lighting market in 2019, the demand for smart lighting equipment is expected to triple by 2024 and is expected to reach US$6 billion by then.
Including smart home devices, commercial building automation, smart city infrastructure within the broader smart technology, and the rapid growth of the Internet of Things (IoT) market will drive strong sales growth.

Consumers' interest in the convenience of smart lighting functions (such as wireless, away from home, and voice control), especially energy-saving measures in commercial applications, and the trend of increasing user adoption of smart lighting or smart lighting and its technological advancement Sexual functions, including wireless functions and voice control functions.
As consumers spend more time at home, the COVID-19 pandemic has stimulated the adoption of smart home devices. This is an important development that has driven the recent launch of some smart home products.
Contact Us
Understand Our Exclusive Offers
  • Send contact us