According to the 2016 Global Lighting Market Report by LEDinside, a division of TrendForce, four LED specialty lighting applications that are attracting growing interests include horticultural lighting, surgical lighting, marine/harbor lighting and smart lighting. The combined market scale of these four applications is estimated to grow from US$4.36 billion in 2016 to US$16.4 billion in 2020, with the CAGR during this forecast period reaching 30%.

 

LEDinside projects that the scale of the global LED smart lighting market to hit US$2.35 billion by the end of 2016 and increase to around US$13.43 billion in 2020. On the whole, LED smart lighting has the most growth potential compared with the other three specialty applications. 

 

“Generally, LED luminaires are now in a period of depressed prices,” said Joanne Wu, assistant research manager of LEDinside. “Smart lighting, while is at infancy in terms of development and does not have the scale to exert significant influence, offers a lot of opportunities. The costs of related hardware and software projects are still high. However, the maturation of technologies and product designs, as well as marketing efforts from vendors, will encourage widespread consumer adoption. This application market therefore is expected to see surging growth in the future.”

 

The outlook is also very bright for the LED horticultural lighting market. LEDinside forecasts that the scale of the LED horticultural lighting market worldwide will grow rapidly from about US$576 million in 2016 to around US$1.42 billion in 2020. “Changes in global climate encourages agricultural and livestock businesses to adopt technological innovations,” said Wu. “Hence, LED horticultural lighting has a booming future due to the rising demand generated by advances in the cultivation of high-quality agricultural produce, livestock farming and fresh food storage. In the U.S., LED horticultural lighting particularly benefits from the expanding legal trades of medicinal and recreational marijuana in some states.”

 

Demand for LED products in the surgical lighting application is picking up as LED light sources continue to improve in terms of luminous efficacy and color rendering. According to LEDinside, the scale of the global LED surgical lighting market will expand from US$612 million to US$787 million during the 2016~2020 period. Major regional markets for LED surgical lighting include Japan, Europe and North America. In the marine/harbor lighting market, products are governed by stricter regulatory standards and thus their average sales prices are also higher compared with general lighting products. For the LED lighting industry, LED marine/harbor lighting is a specialty application that provides high margins and a stable source of revenue. The total value of the global LED marine/harbor lighting market will come to US$820 million this year, based on LEDinside’s projection.

• LED Plant-lighting Markets- Summary
• 2016-2020 Global LED Plant Growth Lighting Market Scale
• Opportunities of Plant Growth Lighting Markets – U.S.
• Opportunities of Plant Growth Lighting Markets – Japan
• Spectrum For Plant Growth Lighting
• LED Products in Plant Growth Lighting
• Influences of Environmental Factors on Strawberry – Take Light as an Example
• Influences of Environmental Factors on Asparagus Lettuce – Take Light as an Example
• Influences of Environmental Factors on Ice Vegetables – Take Light as an Example
• Influences of Environmental Factors on Marijuana – Take Light as an Example
• Major Players are Devoted to the Construction of Plant Factories
• Major Players are Devoted to the Construction of Plant Factories – Philips Lighting
• Major Players are Devoted to the Construction of Plant Factories – Mirai Develops the Biggest Plant Factory in the World

• Surgical Lamp Market – Summary
• 2016-2020 Global Surgical Lamp Market Scale
• Surgical Lamp Market Development- By Region
• Surgical Lighting Market- Opportunities and Challenges
• Surgical Lamp and Requirement
• LED Surgical Lighting
• FDA Certification – Mandatory Certification for U.S. Market
• Osram – Provides High Quality LED Lamp Modules
• Stryker – Consistently Expanding Company Scale
• Mediland – Taiwanese Medical Device Development Pioneer
• BenQ Medical Technology – Extends Market Deployment in Middle East and Southeast Asia
• ST.FRANCIS – Expands Oversea Market with Its Own Brand ST.FRANCIS

• Marine and Harbour Lighting Market- Summary
• 2016-2020 Global Marine and Harbour Lighting Market Scale Marine Lighting
• 2016-2020 Global Marine and Harbour Lighting Market Scale Harbour Lighting
• Overview of Shipping and Ports Lighting Market and Products
• Marine Lighting Market Requirement
• Marine Navigation Light Market Requirement
• Light House Market Requirement
• Harbour Light Market Requirement
• Glamox – A Leading Company in Professional Lighting Filed
• LALIZAS – LED Applied in Lifejackets, Life Ring and Navigation Lighting
• LOPOLIGHT – Announcing Various Maritime Navigation Lighting in Global Market
• Energy Focus Inc. – Supplying lighting products to the United States Navy (USN)

• Smart Lighting is an Important Development Trend in Future
• LED Lighting will Enter the Digital Era
• Smart Lighting will be the Best Access Point to Smart Home
• Smart Lighting will be the Access Point to Smart City
• Chinese Smart Lighting Market Supply Chain
• Key Factors on Smart Lighting Market Development
• 2015-2020 Global Smart Lighting Market Scale
• 2015- 2020 Global Smart Lighting Market Scale- By Application
• 2015-2020 Wireless Technologies Market Share
• Smart Lighting Product Development Trend
• Future Smart Control System Development Trend
• Development Trend of Smart Lighting’s Business Model
• Smart Lighting Business Development Strategy
• Smart Lighting Platform Development Strategy

• COB LED Market Trend – Summary
• COB Market Scale Reaches USD 800 Million in 2016, to Exceed USD 1 Billion in 2020
• Top 5 COB Manufacturers in 2015
• COB Becomes Spot Light, Light Engine to be the Focus
• uCitizen Announced AC-COB Light Engine
• Honourtek Introduced COB Product Having 16 CCTs
• Technology Trend – Flip Chip COB Attracts Much Attention
• The Fidelity Index (Rf) of the IES TM-30-15 TM-30 is Included in the TC 1-90
• DLC 4.0 is Coming For Higher Luminous Efficacy

• Dimmable Driver for Mining Lamps to Meet Industrial Lighting Market Demand
• DOB Linear Power Supply Becomes Emerging Trend- ShineOn

• Smart Lighting Market at GILE 2016 – Summary
• User Experience on Smart Lighting
• Smart Streetlights Boost Smart City Management
• ZigBee and Z-Wave in Wireless Smart Home Technology

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