Italian LED lighting market is expected to grow substantially

Researchers at the Politecnico di Milano jointly study LED transmission and intelligent lighting solutions for residential, industrial and public lighting. Studies have shown that although the future development of LED technology has great potential, current LED technology still has low penetration. The report also pointed out that by 2020, the LED and intelligent control system will increase the efficiency of the intelligent lighting report from the original 8% increase of researchers at the Politecnico di Milano in Italy. In this report, a scenario is described: in 2020 Years ago, Italy's LED and smart lighting market is expected to grow at double-digit rates. This means that in 2020, in addition to the intelligent lighting market worth 140 million euros, the Italian LED market will certainly grow from 900 million euros in 2015 and exceed 1.2 billion euros. Researchers at the Politecnico di Milano jointly study LED transmission and intelligent lighting solutions for residential, industrial and public lighting. Studies have shown that although the future development of LED technology has great potential, current LED technology still has low penetration. The report also pointed out that by 2020, LED and intelligent control systems will increase from 8% to 42%. The chart below shows the current market conditions in Italy. The store (third-party market) is characterized by low penetration of LEDs and high penetration of intelligent lighting solutions. In the office, LED and smart lighting solutions are very popular. In contrast, in the industrial sector, the growth rate of the two is very low. Among them, the largest share of the residential sector, the main reason is the rapid expansion of LED lights in the home. Let us take a closer look at the Italian lighting market in 2020. The number of LED products for home lighting in Italy will reach 400 million. Compared with 2015, the industrial lighting market has increased by 80%, and the installation ratio of LED products accounts for 20% of the Italian manufacturing plants. In terms of public lighting, the number of LED street lights can reach 3.5 million in 2020, saving 1TWh of electricity per year (5% of total electricity). Smart lighting in the office is more popular In the office, the market for LEDs and smart lighting is very broad, they are not only more efficient but also smarter. The lighting system includes intelligent control and management equipment with a comprehensive range of sensors and smart city service infrastructure. According to the report, in 2020, there will be more than 680,000 households in Italy involved in smart lighting products (almost 2.7% of the total number of households). Compared with the 180,000 households in 2015, there is a significant increase (0.7% of the total number of households). In the industrial sector, 20,000 small businesses, 770 medium-sized enterprises and 150 large enterprises will realize smart technology in 2020, which is less than 20% of the total number of enterprises. It is expected to increase the penetration of intelligent lighting in business and office. In terms of public lighting, the proportion of street lights is expected to increase from 3% in 2015 to 8%.

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