Smart Lighting Market Reached $14.24 Billion

According to the report released by the Mordor Intelligence research company, the smart lighting market reached $14.24 billion in 2019. By 2025, the market is expected to reach $58.64 billion, growing by 27.1 percent each year.

Friday, January 31, 2020 - 15:57

According to the report released by the Mordor Intelligence research company, the smart lighting market reached $14.24 billion in 2019. By 2025, the market is expected to reach $58.64 billion, growing by 27.1 percent each year.

Thanks to sustainable application awareness, environmental concerns and the penetration of technology into daily life, the adoption rate of smart lighting solutions continues to grow. In the light of all these factors, the upward trend in integrating technology into lighting systems is gaining momentum.

The smart lighting market is growing more, with governments taking more initiative for the development of smart buildings and smart city projects. The Chinese government has started to support various smart city initiatives and implement smart city technologies. The government offers solid support for smart city initiatives through central and local governments.

Turkey is preparing a conversion to smart cities. Turkey, described the recent “Smart Cities 2020-2023 National Strategy and Action Plan” put forward the vision of smart city technologies. The Presidency circular on the action plan was also published in the Government gazette.

The biggest producers of the sector on a global scale are; PhilipsCree, Eaton, Wipro and GE. In Turkey, two companies stand out in the field of smart street lighting; Logiba and Oliptek. These two local manufacturers dominate the domestic market.

Logiba is a well-established and pioneering company that produces in the field of smart city technologies. The company is committed to developing technologies that fit the smart city concept. Intelligent lighting system is easily managed with the Smart City Lighting System (ASAS) designed by Logiba engineers. All hardware and software components that make up the solutions of Logiba are designed and produced in Turkey. The company’s smart city solutions are not just limited to smart lighting systems. Logiba can also produce solutions in the fields of smart waste tracking, power analysis, meteorology and license plate tracking.

Oliptek brand, which was created in 2018 under the umbrella of Digital Engineering, develops domestic production smart city lighting systems with its expert and experienced engineer staff. The company produces fast solutions in design and implementation in project-based special automation systems. Thanks to Oliptek Smart City Lighting System, the lighting fixtures can be controlled on the roads, parks and gardens by grouping them or individually. Oliptek RF Smart Automation System is used for the control of systems such as heat, humidity, water, ventilation as well as lighting.

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