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The favorable era of LED street lamp manufacturers has begun

The favorable era of LED street lamp manufacturers has begun

Benwei LED Lighting: With the attention of "Internet of Things + Big Data", a favorable era for LED street light manufacturers has begun, and LED street lights are affecting the pattern of the world's lighting industry.

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      "Smart cities are heating up and becoming a sought after object for enterprises. Smart lighting has ushered in a new market trend and has become an inevitable trend in future development!" According to Yao Zexin, business director of Yunzhiyi, the development of LED lighting is affecting The pattern of the world lighting industry, LED will be the new standard of the future lighting market, and the favorable era of LED street lamps has begun. In recent years, Philips, Huawei, Osram and other established lighting companies with a history of more than 100 years have devoted themselves to the research and development of smart LED street lights, rapidly entering the smart lighting market, taking smart lighting as the company's primary strategic goal, and building an integrated smart city. According to a report by the American market research company Market sand Markets, the global LED market is expected to reach US$56.79 billion (about 377 billion RMB) in 2018, and the compound annual growth rate from 2013 to 2018 will reach 18.7%. Other market institutions predict that by 2020, LED will replace 80%-90% of the traditional lighting market.


      The rapid development of mobile internet and cloud computing will only accelerate the development of smart LED street lamps and provide a solid foundation for LED street lamp manufacturers to build smart cities.