Industry Trends

Smart lighting, healthy lighting, and low-altitude lighting have emerged as the core growth tracks. The global LED lighting market size is projected to reach USD 53.573 billion in 2025, with smart lighting bucking the trend to grow by 19.2%.

I. Overall Market & Smart Lighting

- Size & Growth: While the overall global LED lighting market faces headwinds from weak demand in Europe and the US, smart lighting is driven by IoT, Matter protocol, AI dimming, and energy-saving policies. It is expected to achieve a market size of USD 11.573 billion with a 19.2% year-on-year growth.

- Application Scenarios: Strong demand for smart bulbs, ceiling lights, and strips in the residential sector; Smart streetlights and smart city projects driving IoT lighting outdoors; Smart lighting management systems helping enterprises reduce costs and increase efficiency.

- Technology Highlights: AI algorithms optimizing human-centric lighting, integration of LiFi communication and sensing, and more intelligent device linkage and energy management.

II. Healthy Lighting Growth Logic

- Core Driver: Rising demand for human health, popularization of full-spectrum, circadian rhythm lighting, and medical-grade Light applications, commanding a 30%-50% product premium.

- Scenario Implementation: Accelerated penetration in office, education, and medical sectors; Dual advancement of consumer-grade eye-care desk lamps (e.g., Ra≥98 full spectrum) and professional medical lighting (surgical shadowless lamps, phototherapy cabins).

- Technology & Standards: Precise spectral control and biosensor integration; China's domestic standard General Technical Requirements for Medical LED Lighting Equipment strengthens safety and performance indicators.

III. Emerging Low-Altitude Lighting Track

- Demand Source: Essential lighting needs for UAV logistics, low-altitude economy, smart ports/airports/parks, including takeoff/landing pads, warning, and navigation lighting.

- Product Types: Low-altitude warning lights, dedicated UAV landing pad lights, and aviation obstruction lights, emphasizing high reliability, high visibility, and intelligent linkage.

- Market Performance: Leading enterprises are establishing overseas production capacity (e.g., Vietnam bases), with an annual capacity of hundreds of thousands of units to support regional project delivery and revenue growth.

IV. Core Growth Drivers for the Three Tracks

1. Policy: Global energy conservation and carbon reduction policies driving the replacement of high-value-added products.

2. Technology: Declining costs of chips, communication, and AI, with protocols like Matter accelerating compatibility.

3. Demand: Consumer focus on experience, B-end cost reduction/efficiency, and new increments from the low-altitude economy driving significant structural growth.