In-depth analysis of lighting industry development trends over the next five years (2024-2029)


In-depth analysis of lighting industry development trends over the next five years (2024-2029)

Lighting, this once “light up the darkness” as the only mission of the ancient industry, in the wave of technology and the needs of the times together, is experiencing an unprecedented profound change. The next five years, will be the lighting industry from the “functionality” to “intelligent”, “digital” and “humane “The key stage. Industry boundaries are becoming increasingly blurred, the core of product value from the “lamps” itself to “light” carried by the data, experience and service. The following will be from six dynamic dimensions, in-depth analysis of the future of the lighting industry.

I. Intelligent Internet and Internet of Things (IoT) in-depth integration: from “people control the light” to “light moves with the environment”.

Intelligent lighting has gone beyond simple cell phone APP control or voice switching, and its future lies in serving as the nerve endings of the Internet of Things, seamlessly integrating into the body of the building and the city, and realizing the closed loop of sensing, computing and execution.

Second, Human-Centric Lighting (HCL) has become the core of value: from “lighting up the space” to “caring for health”.

As people’s health and well-being of the degree of importance of the unprecedented increase in light on the human body’s physiological rhythms (circadian rhythm) of the impact has become a scientific consensus. Human factors lighting will move from high-end concepts to mainstream applications, becoming the key to product premiums.

III. Sustainable development and the circular economy: from “green products” to “full life-cycle greening”

The global push towards “dual carbon” goals has made sustainability an option for companies. The competition of the future is not only about performance and cost, but also about carbon footprint.

IV. The interface between light and the digital twin, the metaverse: from “physical illumination” to “digital imaging”

The application of digital twin (Digital Twin) technology in the field of smart cities and intelligent buildings has opened up a new value space for the lighting industry. As widely distributed nodes in the physical world, lamps and lanterns have become the indispensable data collection end and instruction execution end for building the Digital Twin world.

V. Technology integration and miniaturization, invisibility: from “see the light, see the light” to “see the light, do not see the light”

Consumers and designers are increasingly looking for minimalism and purity in space, wanting the light itself to be the focal point of the vision and the fixtures to be hidden or integrated with the architecture and furniture as much as possible.

VI. Business model innovation: from “selling products” to “selling services”

Increased product homogenization and competitive pricing pressures will drive leading companies to transform from hardware manufacturers to solution and service providers.

Summarizing the outlook

The lighting industry in the next five years will no longer be an isolated physical industry, but a composite ecosystem integrating electronics, communications, software, health, materials and design. The core driving force for its development will come from the four engines of intelligent integration, health value mining, sustainability requirements and digital world convergence.

Successful companies will no longer be mere “light makers”, but “shapers of light environment experience”, “providers of healthy light life” and “contributors to smart city data services”. Contributor of smart city data services”. For industry participants, it is necessary to take an unprecedented open stance, actively cooperate with cross-industry partners, and increase investment in software, data analysis and ecosystem construction in order to light up their own future in this dramatic change.