Italian led and intelligent lighting market is expected to e

Researchers from the University of technology in Milan, Italy, have put forward a & ldquo; efficient & Intelligent Lighting report & rdquo;, in which they describe a scenario in which the LED and intelligent lighting market in Italy is expected to grow at a double-digit rate by 2020. This means that in 2020, in addition to the intelligent lighting market worth 140 million euros, Italy's LED market is bound to grow from 900 million euros in 2015 and exceed 1.2 billion euros.
 

The researchers of Milan University of technology and Trade Association jointly study led communication and intelligent lighting schemes in residential, industrial and public lighting. Research shows that although the future development of LED technology has great potential, the current LED technology still has low penetration. According to the report, led and intelligent control system will increase from 8% to 42% by 2020.
 

The chart below shows the current market situation in Italy. The store (third-party market) is characterized by low penetration of LED and high penetration of intelligent lighting scheme. In the office, led and intelligent lighting solutions are very popular. In industry, the growth rate of the two is very low. Among them, the largest share is the residential part, mainly due to the rapid expansion of LED lights in the home.