Showing posts with label Smart Lighting Market Trends. Show all posts
Showing posts with label Smart Lighting Market Trends. Show all posts

Smart Lighting Market Boom Led by Energy Efficiency and Emission Control Policies


Since the late 19th century, the average global temperatures have increased by around 0.9 °C, the National Aeronautics and Space Administration (NASA) says. The major reason behind is the greenhouse gases emitted by vehicles, houses, and industries, which trap the heat, but do not let it escape. Apart from climate change, these emissions also cause respiratory issues, such as lung cancer, asthma, and chronic obstructive pulmonary disease (COPD).

Thus, with the strong need to conserve electricity, so that the workload on the fossil-fuel-based power plants decreases, the smart lighting market is growing. Such lights are integrated with smart sensors and electronic circuits, which lead to a reduced power consumption.

As per estimates, in the next 25 years, the worldwide electricity demand would jump by around 50%, and to meet it, 700 power plants, each with a capacity of around 500 MW, will have to be constructed, at a cost of $1 trillion. Thus, to ensure as few emissions as possible and also save on money, electricity saving via smart lights is becoming popular.

Another reason behind the growing demand for smart lighting is the large number of initiatives being taken for the development of smart cities. As such infrastructure is specially designed to reduce the usage as well as check the wastage of energy, smart lighting is an essential component here.

With countries strongly pursuing the creation of such ecosystems, such as India under its ambitious Smart Cities Mission, the demand for smart lighting would continue rising in the coming years. Data related to CO2 emissions, humidity, audio-video activities, and ultraviolet (UV) light is gathered by the sensors in such lights.

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Further, with the rising need to control air pollution, technological advancements are being brought about in light-emitting diode (LED)-based illumination products. While LED lighting is already more energy efficient compared to traditional products, advancements in its technology are leading to a further decrease in electricity consumption.

Hence, as the focus on energy efficiency and emission control increases, so would the adoption of smart lighting across the globe.

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