Current situation of no main lights in China
Domestic: China's smart lighting market shipments are expected to be 33.79 million units in 2023, a year-on-year increase of 20.7%, leading China's smart home equipment market in terms of growth rate. In 2022, the online magnetic non-main lamp market will maintain ultra-rapid growth, taking the Tmall platform as an example, with an annual growth rate of more than 2,000%, and other categories will only grow by 10%. In 2022, the overall capacity of the non-main lamp market has exceeded 10 billion, and the market size is expected to reach 20 billion yuan by 2025.
Global: The market valuation in 2021 is $11.55 billion, and it is expected that by 2030, the global smart lighting market will reach $21.16 billion, with a compound annual growth rate of 7.10%.
As of 2022, the capacity of the non-main lamp market has exceeded 10 billion yuan, and it is expected that in the next 3-5 years, the size of the non-main lamp market in China will maintain a compound annual growth rate of more than 50%.
At present, intelligent non-main lamp is a fast-growing market segment in the lighting industry, and the vast majority of lighting companies will choose to enter the intelligent market through non-main lamp. Domestic manufacturers in the field of non-main lights mainly include the following types: traditional lighting head enterprises (Opple Lighting, NVC Lighting, Foshan Lighting, Sunshine Lighting), professional lighting design enterprises, panel switchgear enterprises (bull), modern lighting enterprises, whole-house intelligent enterprises and intelligent power enterprises. In addition, Europe, North America, Southeast Asia and other regions are also the main markets for the export of magnetic lamps, among which the European market has higher requirements for environmental protection, health, intelligence and other aspects, and the demand for new lighting products such as magnetic lamps is also high.