China's output will continue to grow as the international giant offsets general lighting, and its share of the global market is expected to reach 61% by 2020. The LED research institute (GGII) predicts that the output value of LED lighting in China will reach 445 billion yuan by 2020, up 14.1% year on year.
It is worth noting that LED universal lighting has been relatively mature, the growth of the market scale hit a bottleneck. In order to maintain the sustainable development of enterprises, many lighting enterprises have crossed the boundary into other fields (such as the electrical industry), seeking diversified development; There are also a lot of enterprises will focus on automotive lighting, smart lighting, plant lighting and other high margin market segments.

The car LED lighting and LED intelligent lighting market in the growth period has good growth potential and huge market space in the future. Relatively speaking, the threshold of automotive lighting technology is higher, coupled with the relatively closed automotive industry chain, lighting enterprises want to enter is not easy. Therefore, intelligent lighting is more "attractive" to a lot of lighting enterprises.
At this year's Hong Kong spring lighting show, smart lighting is a bit different from the norm. Internet of things solution providers such as graffiti intelligence, tact cloud, and jingxun software have entered the market one after another, sharing the market dividends released by smart lighting. This also confirms the broad market space of intelligent lighting from the side.