Energy efficient LED light bulbs are increasingly replacing incandescent bulbs and while there are many technical and market challenges to resolve, it is clear that new capabilities and functionalities that transcend far beyond the traditional light bulb are emerging. The future of lighting is changing and taking effect now.
Lighting solutions coming onto the market today are the first initial wave of solid-state lighting that can be both automatically and manually controlled using new high performance sensors and wireless communication methods. This smart lighting report will explore the market changes, explain what the new forms of lighting are, and assess how the market will behave as a result of these new technologies. Smart LED bulbs have considerable potential for all sectors of the market including consumers. The bulbs are capable of not only providing very efficient lighting, but also have the ability to automatically adapt color and intensity to the changing illumination requirements of the user. These smart light bulbs also have the ability to be controlled via a smartphone in the home or even the other side of the world (with the use of other devices). The technological developments behind smart lighting will continue to progress and will ultimately grow the market behind it.