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SMART MULTI-DIMENSIONAL LIGHT CELL ARRANGEMENT
[Category : - ELECTRICITY & LIGHTING]
[Viewed 916 times]
The present invention relates to a novel arrangement of light cells on a flexible or solid background into a smart multi-dimensional light source capable of unlimited configuration, which comprises of a mother cell that is connected to one source of electrical power and gets charged, subsequently charging all the other light cells and thus illuminating the entire light source with unlimited configuration, and which is capable of being wirelessly switched on or off by means of a smart phone device.
Financial information• The Global LED lighting market is projected to be valued at USD 108.99 billion by 2025 growing at a CAGR of 14.4%
during the forecast period.
• Continuous development of energy-saving capabilities, introduction of Standard Deviation Color Matching (SDCM)
control, and longer lifespan compared to CFL lamps have accelerated demand for LED lamps at a global level.
• Moreover, strict regulatory policies across the U.S., European Union, China, and Canada regarding conventional
lighting and energy consumption are anticipated to provide for favourable market conditions in coming years.
• Key players such as Koninklijke Philips Electronics N.V.; OSRAM GmbH; Cree, Inc.; Eaton; and GE dominate the global
LED lighting market.
• The Global Smart Lighting Market is forecast to grow from USD 9.22 Billion in 2019 to USD 35.43 Billion by 2026, at a
CAGR of 21.2% between 2019 and 2026.
• Increasing usage of wireless technology, modernization and development of infrastructure to transform cities into smart
cities, increasing awareness of energy saving, increased demand for intelligent solutions for street lighting systems,
increasing adoption and decreasing cost of LEDs, growth of wireless lighting techniques, and need for energy-efficient
lighting systems all combine to drive the growth of the Smart Lighting Market.
• Europe is projected to grow at a higher CAGR during the forecast period owing to the high standards of living and drive
for building automation in European countries such as France, Germany, and the United Kingdom
• Major key players in this market include Philips Lighting, Acuity Brands, Osram, Cree, GE and Eaton.
• The global market for Smart Lighting and Control
Systems is projected to grow to US$96.38 billion by
the end of 2024 from US$42.87 billion in 2019 at a
CAGR of 15.6%.
• Smart lighting solutions allow for energy optimization
and adjustment of luminance levels of lighting
according to ambience, intensity of daylight,
infrastructure, and other factors such as occupancy,
and physical presence.
• The global SMART LED market is segmented into North
America, Europe, Latin America, Asia Pacific, and the
Middle East and Africa. Of these geographies, North
America is expected dominate the overall market.
• Key players operating in the global smart lighting and
control systems market include Acuity Brands
Lighting, Inc., GE, Belkin International Inc.,
Koninklijke Philips N.V., Eaton Corporation, Lightwave
PLC, Elgato Systems, LiFI Labs, Inc., Lutron Electronics
Company, Inc., and Honeywell International, Inc.
• Commercial & industrial applications
dominate the Smart LED Lighting market,
and are forecast to hold 51% market share
in 2020.
• The next leading market segment is
Residential, anticipated to hold 31%
market share in 2020.
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