With the gradual popularization of smart home appliances, consumers’ acceptance of smart homes has greatly increased. More and more home categories have entered the smart era, and the lighting industry is gradually undergoing digital transformation. As a core element of smart home scenarios, smart lighting has become an important development trend in the lighting industry.
The upstream part of intelligent lighting includes raw materials, components, control systems and models; the midstream part can be mainly divided into two parts: intelligent lighting equipment and intelligent lighting platforms according to different products; the downstream part can be divided into landscape lighting, functional lighting according to different application scenarios. Lighting, emergency lighting, etc.
Made of pure copper or copper alloys into various shapes including rods, wires, etc., they are collectively referred to as copper materials. The “2019-2023 China Copper Industry Market Prospect Survey and Investment and Financing Strategy Research Report” released by the China Business Industry Research Institute shows that China’s copper output will reach 22.865 million tons in 2022, a year-on-year increase of 7.68%. Copper production from January to October 2023 reached 18.519 million tons, a year-on-year increase of 5.4%.
Aluminum products are made of aluminum and other alloying elements. The “2019-2023 China Aluminum Market Prospects Survey and Investment and Financing Strategy Research Report” released by the China Business Industry Research Institute shows that China’s aluminum production will reach 62.216 million tons in 2022, a year-on-year increase of 1.91%. Aluminum production from January to October 2023 reached 52.048 million tons, a year-on-year increase of 5.7%.
Plastic products are a general term for daily and industrial supplies that are made of plastic as the main raw material, including injection molding, blister and other products using plastic as raw material. The “In-depth Market Analysis and Development Trend Forecast Report of China’s Plastic Products Industry from 2022 to 2027” released by the China Business Industry Research Institute shows that for the whole of 2022, the national plastic products industry output will be 77.716 million tons, a year-on-year decrease of 4.3%. From January to October 2023, the national plastic products industry produced 60.907 million tons, a year-on-year increase of 1.2%.
Benefiting from the growth in downstream lighting export demand for terminals, coupled with the recovery of the domestic consumer market, the overall lighting industry market has recovered. The “2022-2025 China LED Chip Market Analysis and Development Strategy Research Report” released by the China Business Industry Research Institute shows that my country’s LED chip market will be in 2022. The size of the chip market is approximately 23.1 billion yuan, a year-on-year increase of 2.67%. Analysts predict that the LED chip market will reach 23.5 billion yuan in 2023 and 24.1 billion yuan in 2024.
In recent years, with the elimination of backward production capacity, the improvement of technical barriers to high-end LED applications, and the emergence of scale advantages of leading companies, the industry position of leading companies has been further consolidated. At present, three companies, Sanan Optoelectronics, Huacan Optoelectronics, and Zhaochi Co., Ltd. account for 32%, 14%, and 12% of China’s LED chip production capacity respectively, totaling nearly 60%. Followed by Qianzhao Optoelectronics, Azure Lithium Core, and Jucan Optoelectronics, accounting for 11%, 10%, and 7% respectively.
In recent years, driven by the continuous demand for intelligence and digitalization in new energy vehicles, industrial automation, medical care, environmental protection, consumption and other fields, China’s smart sensor market has maintained steady growth. The “Special Research Report on China’s Smart Sensor Market Survey and Industry Prospects Forecast 2024-2029” released by the China Business Industry Research Institute shows that China’s smart sensor market size will reach 119.02 billion yuan in 2022, an increase of 16.64% from the previous year. Analysts from the China Business Industry Research Institute predict that China’s smart sensor market will increase to 142.96 billion yuan in 2023 and 164.31 billion yuan in 2024.
In recent years, the global intelligent controller industry has gradually moved domestically, and the scale of my country’s intelligent controller market has continued to grow. The “China Intelligent Controller Industry Prospects Forecast and Strategic Investment Opportunities Insight Report 2023-2028” released by the China Business Industry Research Institute shows that my country’s intelligent controller market size will reach 3.1813 billion yuan in 2022, a year-on-year increase of 17.5%. Analysts from the China Business Industry Research Institute predict that my country’s smart controller market will reach 3,509.5 billion yuan in 2023 and 3,785 billion yuan in 2024.
Overall, the market concentration of my country’s intelligent controller industry is low. There are a large number of intelligent controller manufacturers participating in the competition and their R&D and production capabilities are uneven. The industry oligopoly has not yet been formed. Listed companies in the intelligent controller industry mainly include Hong Kong Computime, Topband, Hetai, Hejing Technology, Netac Intelligent, Yingtang Intelligent Control, Zhenbang Intelligent, Langte Intelligent and other enterprises.
In recent years, under the background of national policies, rising consumer demand for intelligent lighting, and the continuous research and development and improvement of emerging lighting technologies, my country’s intelligent lighting industry has embarked on an accelerated take-off mode. The “2023-2028 China Intelligent Lighting Industry Market Prospects Forecast and Future Development Trend Report” released by the China Business Industry Research Institute shows that my country’s intelligent lighting market size will be 39.8 billion yuan in 2022, a year-on-year increase of 12.4%. Analysts from the China Business Industry Research Institute predict that my country’s smart lighting market will grow to 42.5 billion yuan in 2023 and is expected to reach 47.9 billion yuan in 2024.
With the gradual popularization of smart home appliances, consumers’ acceptance of smart homes has greatly increased. More and more home categories have entered the smart era, and the lighting industry is gradually undergoing digital transformation. The “2023-2028 China Intelligent Lighting Industry Market Prospects Forecast and Future Development Trend Report” released by the China Business Industry Research Institute shows that my country’s intelligent lighting shipments will be approximately 27.995 million units in 2022, a year-on-year increase of 46.6%. Analysts predict that my country’s smart lighting shipments will grow to 33.79 million units in 2023, a year-on-year increase of 20.7%, leading the growth rate of China’s smart home equipment market. By 2024, smart lighting shipments are expected to reach 39.57 million units.
The increase in the number of home lighting equipment and the combination of multiple devices have made the demand for intelligence in the home lighting market more prominent, and the process of intelligent development will be accelerated. Ceiling lights account for the largest proportion, accounting for 28.8%. Followed by switches, downlights/spotlights, light bulbs, table lamps, track lights, night lights, light strips, and floor lamps, accounting for 19.3%, 16.5%, 14.8%, 9.9%, 5.2%, 2.8%, and 2.2% respectively. ,0.2%.