LED bulb shipments will reach 8. In 2015. $6. 4 billion

The annual shipments of OFweeLED bulbs and modules will increase from 8. In 2015. US $6. 4 billion increased to US $4. 1 billion in 2024. The company's 'LED lighting: Outlook' report analyzes the LED bulb and module markets in all major space lighting fields. Senior researcher Jessie Ford of flying man company said: early users were attracted by some characteristics of LED lighting, such as higher efficiency, better work in cold environment, better control, etc. In contrast, the main reason for accepting LED at present is that LED is energy-saving and the upfront cost does not increase much. According to the report, the world has demanded restrictions on the use of incandescent lamps and proposed small efficiency levels for bulbs, while Europe is likely to achieve residential energy efficiency. In North America, the Energy Independence and Safety Act requires the efficiency of lighting bulbs to be no less than 25 and to be fully implemented in stages from 2012 to 2014, while Canada is not far behind. Due to the laws of physics, it is impossible for manufacturers to design bulbs with the same efficiency as fluorescent lamps or LED.