Global LED lighting output value is estimated to exceed 600 billion in 2018

QQ Phone East China Zhou Wenbiao //.ohzmdj.com/ Compared with traditional lighting products, LED lighting products have obvious energy-saving advantages. In recent years, the price of LED lighting products has continued to decline rapidly, product quality has been continuously improved, the price of LED lighting products has been significantly increased, and market demand has continued to grow rapidly. According to statistics from the Advanced LED Industry Research Institute (GLII), the annual global LED lighting output value reached 100 million yuan, a year-on-year increase of %.

In terms of the global LED lighting competition pattern, international lighting manufacturers such as Philips and Osram have benefited from the advantages of brand, technology, channels, and scale, and have always been in a superior position in the industry. In recent years, with the continuous increase in the penetration rate of LED lighting, the traditional lighting market demand continues to shrink. International lighting manufacturers continue to increase their efforts to develop the LED lighting business, and the proportion of their LED lighting business revenue is also rapidly increasing.

Benefiting from the promotion of policies in various countries or regions around the world, as well as the overall cost-effectiveness of LED lighting products, the scale of global LED lighting products will maintain a relatively rapid growth trend in the next two to three years. GLII predicts that by the year, the global LED lighting output value will exceed 100 million yuan, and the compound annual growth rate in the next three years is expected to reach about %.

In the year, Philips LED lighting revenue reached 100 million yuan, and LED lighting revenue accounted for .% of the total lighting business revenue, making it the world's largest LED lighting giant. The Philips financial report shows that in the third quarter of the year, Philips LED lighting accounted for% of the total lighting revenue, and the Philips LED lighting business for the whole year can reach about 100 million yuan. Osram has annual LED lighting revenue of 100 million yuan, accounting for% of revenue, making it the largest LED lighting giant in the world. In 2015, OSRAM’s LED lighting revenue accounted for more than %. According to GLII research, the goal of international lighting manufacturers such as Philips and Osram this year is to increase the proportion of LED lighting business to more than %.

Relatively speaking, the LED lighting business of major domestic lighting manufacturers is still relatively small, which is very different from that of major international manufacturers. GLII statistics show that the largest annual LED lighting revenue of China's major lighting manufacturers is only more than 100 million yuan, and the largest annual revenue is only about 100 million yuan.