IoT Lighting Systems Deliver Value in 2024

IoT Lighting Systems Deliver Value in 2024

IoT Lighting Systems Deliver Value in 2024

Introduction

The Internet of Things (IoT) is transforming the lighting industry and enabling smart lighting systems that provide value far beyond illumination. By 2024, IoT lighting will be a $34 billion market globally as buildings, cities, and homes adopt networked lighting solutions.

In this article, I will examine the key drivers propelling IoT lighting forward, explore the benefits lighting-as-a-service models unlocked by IoT bring, and highlight real-world examples of IoT lighting delivering value today.

Key Drivers For IoT Lighting

Several key factors are driving adoption of IoT-enabled lighting systems:

Energy Efficiency

IoT lighting systems allow for remote control and automation of lights. This enables advanced scheduling, occupancy sensing, and daylight harvesting that can reduce lighting energy usage by 70-90%.

Data & Analytics

Sensors in smart lights can collect data on occupancy, temperature, ambient light levels and more. This data enables analytics on space utilization, foot traffic patterns, and other insights.

New Business Models

IoT lighting enables lighting-as-a-service models where luminaires are provided to customers alongside maintenance, analytics, and lighting management services for a monthly fee.

Lighting Controls

IoT connectivity allows lights to be controlled and automated from anywhere via smartphones, tablets, and computers. This makes lighting management scalable across large spaces.

Integration With Other Systems

IoT lighting can integrate with HVAC, security, and workflow optimization systems to enable better predictive control.

Benefits of Lighting as a Service

The lighting-as-a-service model unlocked by IoT delivers multiple benefits:

Lower Upfront Costs

Customers avoid major upfront capital expenditures on lighting equipment purchases. The service provider owns the lighting assets.

Risk Transfer

The service provider takes on responsibilities for maintenance, management, and component failures instead of the customer.

Continuous Optimization

The service provider continually analyzes data from the IoT lighting system and makes adjustments to optimize lighting for cost savings, sustainability, and occupant comfort.

Access to New Innovations

The service provider regularly updates lighting hardware and software to take advantage of technology improvements. Customers get access to the latest innovations.

Real-World Examples

Here are some examples of organizations already benefitting from IoT lighting systems:

Office Buildings

  • JP Morgan Chase installed IoT LED lighting across 4.5 million square feet of office space. They are realizing 70% energy savings and improved employee productivity from tuning lighting to human circadian rhythms.

Warehouses

  • IKEA implemented connected LED lighting in warehouses and reduced lighting energy usage by 80%. Intelligent scheduling synced with warehouse operations and skylights provide the ideal illumination.

Manufacturing Facilities

  • Boeing uses IoT lighting at manufacturing facilities that adjusts in real-time based on data from AI vision systems tracking production workflows. This improves quality control and reduces downtime.

Smart Cities

  • Los Angeles streetlights were retrofitted with LED and IoT connectivity. The city can now remotely monitor, manage, and control street lighting while also collecting urban analytics. Energy savings tops 63%.

The Future is Bright for IoT Lighting

IoT-enabled lighting delivers value far beyond illumination. From energy savings to new services, the benefits are substantial. With forecasts predicting strong growth in smart lighting, facilities of all types should look to upgrade to future-proofed IoT lighting systems and leverage the advantages they create. The future is bright for lighting as IoT unlocks new capabilities that save money, improve operations, and deliver intelligence.

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