Global LED lighting market will present the three future development trend
Policy for good, to improve products permeability
in order to improve energy efficiency, environmental protection, climate change, as the most advantage of new energy-efficient lighting products, LED lighting products are energy-saving lighting key promotion product from all over the world. Previously, because of the price higher than traditional lighting products LED lighting products, the market has been in a low permeability.
the world is becoming more and more attention, energy saving and emission reduction of LED lighting technology upgrade and prices fell as well as developed countries cutoff to ban incandescent lamp, the promotion of good policy background, the LED lighting products LED lighting products permeability, global LED lighting permeability to 36 in 2017. 7%, rising from 2016, 5. 4%, in 2018 the global LED lighting permeability increased to 42. 5%.
2009- 2018 global LED lighting permeability statistics
the global LED lighting industry demand weakness
the forward-looking industry research institute published 'China LED lighting industry market and investment strategy analysis report statistics show that in the implementation of the global energy conservation, environmental protection concept and national industry policy support, in recent years, the global LED lighting market generally remain more than 10% growth, by 2017 the global scale of LED lighting industry for $55. 1 billion, year-on-year growth of 16. 5%. But compared to previous years, growth is slowing, the main reason from terminal decline in the price of LED lighting products and stock market needs to change.
in 2018, the global LED lighting market growth momentum is weak, the industrial scale reached $62. 9 billion. From the point of the regional economic performance, in addition to the U. S. economic recovery is strong, affected by exchange rate and the uncertainty factors, many emerging economies are facing recession negative stress, including India, Turkey, Argentina and other regions are present crisis of market volatility, thereby reducing the growth of the domestic market, under the overall economic uncertainty, as the people's livelihood needs product lighting market also presents a terminal cargo weak phenomenon.
2012- 2018 global LED lighting industry statistics and growth
have different regional development trend, has formed industry pattern of the three pillars of the
from the world's regional development, at present, the global LED lighting market has formed in the United States, Asia, Europe, as the leading industry of the three pillars of pattern, and presents in Japan, the United States, Germany, for industry, China Taiwan, South Korea, followed by mainland China, Malaysia and other countries and regions to actively follow up the echelon distribution.
among them, the LED lighting market scale continues to grow, to reach 145 in 2018. 300 million dollars, year-on-year growth rate of 8. 7%, the permeability of more than 50%. Which used for commercial lighting lamp, filament lamp, chandeliers and other kinetic energy is the most significant growth.
the lighting manufacturers are brilliant sales performance, and the main revenue comes from the us market. Is a trade war with China tariffs and under the influence of raw material prices, is expected to cost will be passed on to consumers.
in southeast Asia is gradually developed into a dynamic LED lighting market, thanks to the rapid growth of the local economy infrastructure investment is large, large population, so the need for lighting. The Middle East and African markets LED lighting permeability rapid ascension, the future market potential can still be.
the global LED lighting industry in the future development trend analysis
in 2018, the global economy in turmoil, the multinational economic decline, the market demand is weak, the LED lighting market growth momentum is weak, but under the background of national energy conservation and emissions reduction policy for good, the global LED lighting industry still further enhance permeability.
in the future, with the continuous development of lighting energy saving technology, the traditional leading role by incandescent lamp into the LED lighting market, and the Internet of things, the next generation Internet, cloud computing is a new generation of the wide application of information technology, intelligent city has become an inevitable trend. In addition, from the point of market demand, such as southeast Asia and the Middle East region has strong demand in emerging countries. Forward-looking forecast, the future development trend of global LED lighting market will present the three: wisdom, niche lighting, lighting lighting in emerging countries. 1, intelligent lighting
with mature technology, products, and the popularity of related concepts, expects global wisdom lighting can be up to $13. 4 billion in 2020. Industrial and commercial field for the application of intelligent lighting biggest, because of the characteristics of digital, intelligent lighting will bring these two areas more new business models and value growth.
2, niche lighting
four big niche lighting market, include plants, lighting, medical lighting, fishing and shipping port illumination. In the United States and the Chinese market quickly pull litre plant lighting requirements, plant plant construction and greenhouse lighting demand as the main kinetic energy.
3, emerging countries lighting
emerging countries economic development drives the infrastructure as well as the improvement of urbanization rate, large commercial facilities and infrastructure and industrial construction of stimulus LED lighting requirements. In addition, energy conservation and emission reduction policy of the state and local governments, such as energy subsidies and tax breaks in large scale projects such as street light change, residents and business transformation, and the improvement of the standard authentication lighting products, all in promoting LED lighting. In Vietnam market in southeast Asia and the Indian market the most rapid growth.