It’s not a coincidence that multinational lighting conglomerates like Philips Lighting and LEDVANCE have lately been undergoing transformations, including product mix adjustment, more investments in smart lighting, cutting jobs and quitting production related to traditional lighting.

The rise of the Internet of Things has led LED lighting to networked high-value digital lighting. Smart systems can collect information of users and environment, etc., make data analysis, and then adjust devices. Personalized and human-centric smart lighting has become the focus of future industrial development.