LED enterprises must do a good job in brand and business model to meet the new trend of lighting1

The Paris agreement signed by more than 190 countries promised to further reduce emissions by by 2020 to cope with warming. The Australian government set an example by providing financial subsidies nationwide, such as the Victoria energy efficiency target (VEET)Project and New South Wales Energy Conservation Project (ESS). The Indian government has also taken action. By the end of 2, from cheap incandescent lamps to affordable LED lighting solutions, the change of bulbs has had a profound impact on the lighting industry. This trend of change will continue. Sustainable solutions and low energy consumption make LED lights lighting and profitable for enterprises. With the reduction of energy consumption of LED lamps, the demand for LED lamps for civil and commercial lighting has risen sharply. This is what future lighting dealers and manufacturers want to see. Political forces played a role. The Paris agreement signed by more than 190 countries promised to further reduce emissions by by 2020 to cope with warming. The Australian government set an example by providing financial subsidies nationwide, such as the Victoria energy efficiency target (VEET)Project and New South Wales Energy Conservation Project (ESS). The Indian government has also taken action to purchase 0. 2 billion LED bulbs by the end of 2016 and to issue a tender notice for street lamp renovation projects to enterprises. In addition, the World Bank launched the light Africa project make sub-Saharan Africa area of 0. 2 billion more than 50 million people the Sustainable of lighting solution which led lights will in the project in play huge of role. On the impact of the lighting market, Starlite, a British lighting company, said: since Thomas Edison invented the light bulb in 1880, LED lighting has been a great development in the lighting industry. In today's $110 billion lighting market, LED lights are estimated to account for $30. 5 billion. Analysts predict that the LED market is eating away at the market share of the lighting industry. The market is growing and several companies are trying to enter the market. If Philips Lighting Division Announces its initial public offering, it will raise more than US $0. 7 billion for the company to expand its share in the lighting market and promote LED lighting systems and services. In addition, Australian LED experts have also penetrated the local market and expanded their market share with environmental protection and cost reduction sales models. They attribute success to showing value models to potential customers. Their products LED tubes and commercial LED downlights have penetrated into the LED lamp market in Australia. Public attention to sustainable development many enterprises and people are seriously considering sustainable development. Major brands are readjusting their brand values to put sustainable development into their business models. Consumers have a clearer sense of sustainability, and many companies are creating sustainable products to meet the psychological motives of consumers. LED lights are at the forefront of development. They have created a billion-dollar industry and will continue to promote social and market development. The future of LED is bright. Enterprises should position their own brands and business models, cater to lighting trends, and provide sustainable lighting products to fill the new gap in the lighting market.