According to the latest research data, the four special commercial lighting markets, including plant lighting, medical surgical lighting, marine and port lighting, and smart lighting, have gradually attracted market attention. In 2016, the global special commercial lighting market for LEDs was US$4.36 billion. Looking at $16.4 billion by 2020, compound growth from 2016 to 2020 According to the latest research data, the four special commercial lighting markets including plant lighting, medical surgical lighting, shipping and port lighting, and smart lighting are gradually receiving The market is concerned that in 2016, LED global special commercial lighting market will be 4.36 billion US dollars, and will reach 16.4 billion US dollars by 2020, and the compound growth rate will reach 30% from 2016 to 2020. It is estimated that the global LED smart lighting market will be US$2.35 billion in 2016 and US$13.427 billion in 2020, making it the most promising market for special commercial lighting applications. Wu Yingjie, an associate researcher at LEDinside, said that although LED lighting has entered a low-cost era, the smart lighting market is in its infancy, and the scale effect has not yet been formed. The cost of related software and hardware products is still high. In the future, with the evolution of technology and products, The manufacturers are actively promoting and the public acceptance is improved, and the market will grow substantially. The outlook for the global LED plant lighting market is also quite optimistic. It is estimated that the global LED plant lighting market will be approximately US$575 million in 2016 and will grow rapidly to US$1.424 billion in 2020. Wu Yingjie pointed out that under the global climate change, the market demand for delicate crop cultivation, aquaculture, food storage and preservation has driven the market of plant lighting to prosper. The US market is more benefiting from medical cannabis cultivation, and some states and even open marijuana for entertainment, the demand is increasing. Benefiting from the continuous improvement of LED light efficiency and color rendering, it is estimated that the global LED medical surgical lighting market will reach US$612 million in 2016 and reach US$787 million by 2020. The main demand is from Europe, North America and Japan. In addition, ship lighting and port lighting fixtures have higher requirements due to regulations, and the unit price is higher than general lighting, making LED shipping and port lighting a special lighting application with relatively stable output and high gross profit. LEDinside estimates that the global LED shipping and port lighting market will have a value of $820 million in 2016.
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