loading

We are a leading manufacturer of solar power utilization and lighting systems

Forecast and Analysis of LED lighting and SSL Development Trend1

The chart data are all from the 2015 light Strategy Forum meeting held in Las Vegas, Nevada, USA, StrategiesUnlimited's market research briefing. Stephanie Prut said that the revenue from packaging LED in 2014 was 15. 4 billion US dollars, and analyst Philip smolwood expected to increase to 22. 1 billion US dollars by 2019. StrategiesUnlimited analyst Stephanie Prut introduced the new data of the packaged LED market. The packaged LED market increased by 0. 8 billion US dollars from 2013 to 2014, with lighting applications as the main force. The LED in the display backlight market is declining. however, LED still occupies the main force. The income from mobile devices is declining. Also because of the decline in LED prices, the LED for automotive internal applications has been saturated, but the market for appearance applications has huge growth potential. the application of appearance will promote the growth of LED's operating income from automobiles. The application potential of packaged LED is lighting, especially general lighting. 2014 General lighting accounted for the whole lighting market of 75. StrategiesUnlimited predicts that the state 86 of the lighting market will become general lighting in 2019, and the demand for replacement of lamps is expected to become a predator for LEDs in a large range. LED type of high-power LED will be reduced in the proportion of total revenue, all kinds of LEDs will grow in the replacement market. Medium-power LEDs will be used in commercial lighting and specific ceiling dark lamp slots. LED revenue will continue as COBLED becomes a growing outdoor application. growth, the following chart is from strategist unlimited analyst Philip smolwood, introducing research on the bulb and lamp markets. He said that there are about 45 billion lamps installed, of which about 9 billion are incandescent lamps, which are expected to drop to less than 2 billion by 2020. Even by 2022, all kinds of light sources will be used in various places. The installation base of lamps in North America will slowly decline, and the new shipments of such products have also plummeted, as the shipments of LED lamps have increased. His report said that LED lamps accounted for only 5 of the total lamp market in 2014, and predicted that the penetration rate would rise to 28 in 2018 and 52 in 2022, although these figures sound very low. but the main lighting market here, including lamps and fluorescent lamps, will still be the main force in the market. In fact, smolwood predicts that fluorescent tubes will still account for more than 20% of lamp shipments in 2022. Lighting revenue will reach a peak in about four years. Due to the long life of LED products, the market will gradually become saturated and the lighting market will grow slowly in 2022, but LED-based products will account for an increasing share.

GET IN TOUCH WITH Us
recommended articles
Knowledge News & events Project
Leading the future of green energy storage, ALLTOP will appear at the 137th Canton Fair

Exhibition name: 2025 THE 137TH CHINA IMPORT AND EXPORT FAIRExhibition date: April 15-19, 2025Booth No. : 14.3 f33-34g10-11/14.2 D13-14-15Address: China Import and Export Fair Hall (Canton Fair Hall)
Somali municipal project: ALLTOP solar street lights light a green future
Project name: A municipal project (solar street lamp) in Somalia was successfully implemented
Date: January 04, 2025
Project location: Somalia
Quantity and specific configuration: 500 sets of 0278-400W solar street lights
ALLTOP presents innovative products at the 2024 Solar PV and Energy Storage World Expo
2024 Solar PV & Energy Storage World Expo The 16th Guangzhou Intt Solar Photovoltaic & Energy Storage Exhibition Booth No.Booth B551, Hall 10.2, Area B TIME/August 8th-10th, 2024 ADD: Area B, China Import & Export Fair Complex, Guangzhou
Pv + Agriculture: ALLTOP lights up Pakistani farms with green light, photovoltaic agricultural irrigation project is successful
While actively responding to the "Belt and Road" Initiative, ALLTOP should dig deep into overseas markets and carry out accurate market positioning and strategic planning. Comply with the current economic trend in the international situation, while ensuring that its products and services can meet the actual needs of countries along the "Belt and Road", and make ALLTOP unique products can achieve the purpose of truly serving the "Belt and Road", so as to achieve a soft landing and grounding; A pr
Shaping the Future of Energy ALLTOP at the Expo Georgia Exhibition Center
Live up to the old expectations! On April 26,The 28th International Exhibition for Buildi had its grand opening. ALLTOP team appeared in 118A, Hall 11.36, brought many new photovoltaic products, outdoor street lights, photovoltaic energy storage and other one-stop systematic solutions, attracted more than 300 industry leading enterprises to participate in the exhibition, many visitors have stopped to visit, exchange, tens of thousands of visitors, customers together, a glimpse of the annual indu
no data
Our aim is to provide the best products and the most considerate service for customers.
About Us
Customer service
detect