Everlight was one of the few manufacturers showcasing LEDs for niche market applications at LED Expo Thailand 2015, which took place last week at IMPACT Exhibition and Convention Center.

In part one of smart lighting article series, LEDinside addressed traditional lighting manufacturers’ profit-oriented business strategies as one of the main factors driving the development of smart lighting products. As mentioned in part one of these series, lighting manufacturers will have to turn to smart LEDs as a method to generate sustainable revenue, which ABI Research projected could increase overall LED revenues by 30% in 2020. In this article, LEDinside will explore how budding Internet of Things (IoT) has spurred none traditional lighting manufacturers to enter the smart lighting market, which has led to growing cross-industry collaborations.

In 2013 LED lighting market value was only half of backlight market, but with rising demands LED lighting market value is expected to be the same as backlight in 2014, said FOREPI Chairman Chien Fen-ren during Asia Pacific LED Lighting Standard and Specification Development Seminar on Jan. 8, 2014. Chien went on noting by 2015 LED lighting market value will be double of the backlight market.