Steady growth in smart lighting market size

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III. Current status and trends of the smart lighting industry
With a huge lighting market and a strong lighting industry base, it is one of the largest countries in the world in terms of lighting production and use[2]. The smart lighting industry has mainly gone through three stages - energy saving, automatic control and intelligent control. Smart lighting is now moving from the automatic control stage to the intelligent control stage, where the lighting fixtures automatically control the light through sensors that sense the surrounding environment, and further control of the light and other elements is achieved through the intelligent control system. The smart lighting industry has entered the intelligent control stage.

With the popularization of Internet technology and the deepening of the concept of smart home, smart lighting, as an important part of the overall smart home, has received the attention of many bahrain number data smart device manufacturers and experienced rapid development. In recent years, the market size has been steadily increasing, with intelligent control of lighting products becoming a trend, bringing huge development space and becoming the focus of the entire lighting industry chain.

Since the 1990s, overseas smart lighting manufacturers have begun to invest and build factories in China, and the market size continues to grow, from RMB 7.33 billion in 2015 to RMB 33.7 billion in 2022, with an annual growth rate of about 21.73%.
In recent years, under the influence of smart homes, the market size of the smart lighting industry has accelerated its expansion. Capital is actively invested in smart lighting, and the annual registration volume of smart lighting-related enterprises shows an increasing trend.