Forecast and Analysis of the Market Size and Development Trend of the Global LED Lighting Industry in 2022

Release time：2022-09-08 17:25:55

Global LED lighting market size

In recent years, the global LED lighting market has been expanding, and the overall market size is growing. 

According to the data, the global LED lighting market size increased from US $62.313 billion to US $67.715 

billion in 2017-2019. In 2020, affected by the epidemic situation of Neocoronal Pneumonia, the scale of the 

global LED lighting market decreased slightly. China Commercial Industry Research Institute predicts that 

the global LED lighting market will reach 67.957 billion US dollars in 2022.

Development trend of global LED lighting industry

In the process of LED lighting industry gradually replacing traditional lighting, products are also constantly

 undergoing technological innovation. In the future, the global LED lighting market will develop towards 

intelligent lighting and health lighting.

1. Intelligent lighting

Since the lighting appliance industry entered the era of LED lighting, it has successively experienced "outdoor 

heat", "indoor heat", "filament lamp heat" and other stages, while the "intelligent heat" is now as hot as tea. 

With the wide application of the Internet of Things, the next generation Internet, cloud computing and other 

new generation information technologies, intelligent lighting has become an inevitable trend. Intelligent 

lighting does not exist as a single general lighting product. The intelligent idea of lighting should be a system 

solution consisting of lamps, sensors, communication devices and control system hardware and software. 

It has become part of the smart home and even the smart city -- part of it exists in human activities.

2. Health lighting

Modern scientific research on light has long made people realize that light is not only lighting. In addition to 

visual functions, light and light environment play a decisive role in human physiology, psychology and health. 

With more and more in-depth control of LED lighting mechanism and digital control technology, it is possible 

to control LED lighting products at the spectral level. For different lighting applications, the use of light with 

appropriate spectral energy distribution to meet users' physiological, psychological, emotional and health 

needs will be an important driving force for the development of LED lighting technology that cannot be ignored.