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In the future, LED lighting will be more human-controlled or human-centric. With such lighting technology, people will be able to create the most effective lighting environment for them. Users will be able to control and monitor the LED lighting system in many different ways.
LEDs dominated the lighting industry in 2020, sweeping 61% of the global lighting market. This impact on the industry isn’t going to slow down. According to Mordor Intelligence, the LED lighting market was valued at $75.81 billion last year and is projected to grow to $160.3 billion by 2026—that’s huge! This growth is not only good for the lighting industry, but also for the environment. If the trend continues down its projected path, the world can avoid 160 million metric tons of carbon dioxide emissions every year.
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