China Smart Lighting Market Overview, 2028

China Smart Lighting Market Overview, 2028
China's demand for smart lighting has grown at a fast pace. In the upcoming time period the production and demand for smart lighting will continue to grow. China has a huge population, and the demand for smart lighting solutions is correspondingly large. The country's rapidly growing urban population, coupled with government policies promoting sustainable development, has created a significant market opportunity for smart lighting companies. China is known for its technological innovation and has a thriving ecosystem of startups and established companies working on smart lighting solutions. Many of these companies are developing cutting-edge technologies, such as Li-Fi (light fidelity) and visible light communication (VLC), which use light waves to transmit data. Furthermore, China is a major manufacturing hub for electronics and lighting products, and many smart lighting companies have set up manufacturing facilities in the country to take advantage of its low labor costs and supply chain infrastructure. The Chinese government has been actively promoting the use of smart lighting in public spaces, such as streets and parks, to reduce energy consumption and improve public safety. Smart street lighting, for example, can automatically adjust the brightness of streetlights based on traffic and weather conditions, leading to significant energy savings. Furthermore, Smart lighting can be used entertainment industry as well. Smart lighting systems can be used to create immersive lighting experiences in theatres, concert halls, and other entertainment venues, enhancing the overall audience experience.

According to the research report ""China Smart Lighting Market Overview, 2028,"" published by Bonafide Research, the China Smart Lighting Market was valued more than USD 1490 Million in 2022. China has been at the forefront of research and development in Li-Fi and VLC technologies, which use light waves to transmit data. Smart lighting companies in China have the opportunity to innovate and develop new applications for these technologies, such as indoor positioning and wireless communication. Furthermore, China is investing heavily in the development of smart cities, which use data and technology to improve the efficiency and livability of urban areas. Smart lighting is a key component of smart cities, and there is a significant opportunity for smart lighting companies to provide lighting solutions that can improve public safety, reduce energy consumption, and enhance the overall urban environment. The industrial sector in China is adopting automation technologies at a rapid pace, and smart lighting can play a role in this trend. Smart lighting systems can be used to optimize lighting conditions in factories and warehouses, improving energy efficiency and worker productivity. The smart home adoption in China is growing rapidly, and smart lighting is a key component of this ecosystem. Chinese consumers are increasingly adopting smart home technologies, and many of them see smart lighting as a convenient and energy-efficient way to control their home environment. Smart lighting in China is often integrated with other smart home devices, such as smart speakers and smart thermostats.

The Chinese government has launched several initiatives to promote the use of smart lighting in the country. The Chinese government launched the ""Green Lighting"" program in 2011 to promote energy-efficient lighting technologies, including LED lighting and smart lighting. The program provides financial incentives for businesses and individuals to upgrade to energy-efficient lighting solutions. The Chinese government has launched several smart city initiatives across the country, which includes the deployment of smart lighting solutions. For example, in 2019, the city of Shenzhen launched a smart street lighting system that uses sensors and data analytics to optimize lighting levels and reduce energy consumption. The ""Made in China 2025"" plan, launched in 2015, aims to transform China into a high-tech manufacturing powerhouse. The plan includes a focus on the development of advanced lighting technologies, such as Li-Fi and VLC, which can be used in smart lighting solutions.

Based on offerings, the market is segmented into hardware, software and services. The Hardware offerings are leading the market of smart lighting with highest market share as well. China has a strong manufacturing industry, which has enabled local manufacturers to produce high-quality hardware offerings at competitive prices. This has allowed them to gain an advantage over foreign competitors, who may face higher production costs. Chinese hardware manufacturers are known for their technological innovation and ability to quickly adapt to changing market conditions. They have been quick to adopt new technologies, such as LED lighting and wireless communication protocols, which has enabled them to offer cutting-edge smart lighting products to the market. Chinese hardware manufacturers have established strong distribution networks throughout the country, which allows them to reach a large customer base and provide efficient after-sales services. This has helped them to gain market share
Based on application, the outdoor application is anticipated to gain maximum growth rate during the upcoming time period. Furthermore, the outdoor application is classified into highways and roadways, architectural lighting and lighting for public places. The lighting for public places is expected to grow with highest CAGR in the market. China has been rapidly urbanizing, with millions of people moving into cities each year. This has led to an increasing demand for smart lighting solutions in public places, such as parks, streets, and public squares, to improve safety and enhance the urban environment. The Chinese lighting industry is known for its technological innovation and ability to quickly adopt new technologies. This has enabled manufacturers to develop smart lighting solutions that are tailored to the unique needs of public places, such as adaptive lighting, remote monitoring, and emergency lighting.

Recent Developments:
• Xiaomi: In 2021, Xiaomi launched a new smart ceiling light that can be controlled through its Mi Home app. The light can be adjusted for brightness and color temperature, and can be scheduled to turn on and off at specific times. It also includes a built-in speaker that can play music or sound effects.
• Opple Lighting: In 2020, Opple Lighting launched a new series of smart lighting products that can be controlled through voice commands or a mobile app. The products include smart bulbs, smart down lights, and smart ceiling lights, and can be used with popular smart home platforms such as Amazon Alexa and Google Assistant.
• Huawei: In 2019, Huawei launched its first smart lighting product, a smart bulb that can be controlled through the company's HiLink platform. The bulb can be adjusted for brightness and color temperature, and can be scheduled to turn on and off at specific times. It can also be controlled through voice commands using a smart speaker.
• Tuya Smart: Tuya Smart is a Chinese company that specializes in providing smart home solutions, including smart lighting. In 2020, the company announced that it had partnered with over 5,000 lighting manufacturers to offer a range of smart lighting products that can be controlled through its mobile app. The products include smart bulbs, smart strips, and smart ceiling lights.
• Signify: Signify, formerly known as Philips Lighting, has a significant presence in the Chinese smart lighting market. In 2021, the company launched a new range of smart bulbs and smart fixtures that can be controlled through its Hue app. The products include bulbs that can be controlled through voice commands, as well as outdoor lighting fixtures that can be used to create a smart lighting system for the garden or patio.

Considered in this report
• Geography: China
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• China Smart Lighting market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Offerings
• Hardware
• Software
• Services

By Application
• Indoor
• Outdoor

By Indoor Application
• Commercial
• Residential
• Industrial
• Others

By Outdoor Application
• Highways & Roadways
• Architectural Lighting
• Lighting for Public Places

By Installation Type
• New
• Retrofit

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Smart Lighting industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.