The global market for LED Driver for Lighting is projected to reach US$37.4 billion by 2025, driven by internet of things (IoT) and expanding applications of smart lighting in smart cities, industrial internet of things (IIoT), healthcare, intelligent transportation, and smart homes. Smart lighting is emerging to be an integral part of smart city investments supported by benefits and value creation such as increased energy efficiency and low city energy budget by over 50%; sensors in smart lighting can also help provide new capabilities such as monitoring public and traffic for safety, crime detection and security reasons; remote lighting management and control; improve service reliability when smart street lights are deployed via platform-as-a-service solution; and increased citizen satisfaction. In the rapidly growing industry 4.0 space, connected lighting is the starting point for smart factories to leverage benefits such as immediate ROI, lower operational costs, improve worker productivity and better building management. In healthcare facilities, smart lighting has the potential to improve patient health with new research evaluating the impact of light’s spectral intensity on body temperature, and patient behavior.  In intelligent transportation systems, IoT enabled smart road lighting allows for improved road safety, while smart traffic light control system with phased lighting capable of dynamically changing based on traffic density can enable more efficient traffic management.    
As consumer IoT gains momentum and smart homes become more widespread, smart lights will gain in demand for energy savings; easy-to-use light customization; remote operation and control; comfort and convenience benefits. Read More…

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