SMART LIGHTING MARKET ANALYSIS

Key Developments

• In February 2023, Signify, a global leader in lighting solutions, provided Huanggang City in Hubei Province, China, with LED street lighting, intelligent poles, and a connected lighting system. The city selected Signify’s BrightSites smart poles, Philips LED streetlights, and the Interact connected lighting system, which together deliver high-quality, energy-efficient LED illumination and two-way communication via a cloud-based platform.
• In January 2023, Lutron Electronics, a leading provider of lighting control systems, announced plans to introduce new solutions and enhance existing products. These innovations will enable AV professionals to deliver high-quality, future-ready lighting control, allowing clients to achieve their interior design goals without compromising on aesthetics or experience.
• In January 2023, GE Lighting, a company under the Savant brand, announced an expansion of its Cync smart home ecosystem. The Cync lineup now features Dynamic Effects for entertainment, including 16 million colors, pre-set and custom light shows, on-device music syncing, and more. Additionally, following a successful launch the previous year, Cync has expanded its Wafer light fixture line.