Italian LED And Intelligent Lighting Market Status
Sep 25, 2018
Researchers at the Politecnico di Milano University presented a report on “Efficient & Intelligent Lighting”. By 2020, the Italian LED and lighting market is expected to grow at double-digit rates.
Researchers and the United Trade Association jointly research LED transmission and intelligent lighting solutions in residential, industrial, and public lighting. Studies have shown that although the development potential of LED technology is huge, the penetration of LED technology is currently relatively low. By 2020, LED and intelligent control systems will grow from 8% to 42%.
Italian LED and intelligent lighting market status
The data shows that the number of LED products for home lighting in Italy will reach 400 million in 2020. Compared with 2015, the industrial lighting market will grow by 80%, and the installation ratio of LED products in Italian manufacturing plants will account for 20%. In terms of public lighting, the number of LED street lights will reach 3.5 million in 2020, saving 1TWh of electricity per year (5% of total electricity).
