LED building lighting market will be dominated by white light in 2014

Jibang technology (TrendForce) LEDinside, its research institution, said that the European LED lighting market will have a compound growth rate of 38 in the next five years, which is the next mature market with rapid growth after Japan, among them, architectural lighting and commercial lighting applications have low price sensitivity to consumers, high acceptance of LED lighting and fast popularization. According to LEDinside 2011- According to the report data of European LED lighting market in 2015, the market size of LED building lighting lamps in 2012 was about 31. 9. 1 billion US dollars, accounting for about 29 percent of the overall LED lighting market, of which Europe is the main application market, accounting for about 35 percent of the LED building lighting market, with a market size of 11 percent. $0. 2 billion. Due to the various light and color characteristics of LED, European countries are willing to invest more in the lighting design that promotes cultural and sightseeing values to attract more tourists. TrendForce said that RGB and ColLED were the main colors used in LED use in the past, but the supply of LED in 2011 was far too much, making ASP of high-power white LED for lighting 35- With a price cut of 40, building lighting manufacturers in the market have increased their acceptance of white LED, so the proportion of white LED in building applications in 2011 has exceeded 40%. With the rapid improvement of the luminous efficiency of white light and the rapid price reduction, it is expected that white light will replace RGB/Color as the main building Color starting in 2013. (Source: Alibaba)