LED lighting market growth rate remains high, penetration rate continues to increase

The report data shows that 2014- In 2016, the output value of domestic LED lighting application was about 116. 9 billion yuan, 156. 6 billion yuan and 204 billion yuan respectively, with a fast growth rate. The domestic market penetration rate of LED lighting products reached 42, is 2015 rise 10 with the network technology and communication technology of development digital home concept of proposed and development intelligent lighting as an digital home of important composition part and was all intelligent manufacturer the pay attention to it. Driven by a large number of multinational enterprises such as IBM, Microsoft, Haier, Samsung, Panasonic and Siemens, the intelligent lighting industry is experiencing rapid development. In recent years, the state has further increased the promotion of energy-saving lighting projects. The National Development and Reform Commission (NDRC) has launched the 'China's action plan for phasing out incandescent lamps and accelerating the promotion of energy-saving lamps', proposing a road map and special plan for China's elimination of incandescent lamps and promotion of energy-saving lamps, and accelerating the transformation of China's incandescent lamp production enterprises, promotion popularity energy-saving lamps. With the progress of technology, energy-saving lighting products represented by LED are widely used. Under the background of energy shortage, LED intelligent lighting is the general trend. According to the data of 'LED lighting industry market prospect and Investment Analysis Report' released by the prospective Industry Research Institute, in 2016, LED lighting market has reached 34. 6 billion US dollars, an increase of 15. 80, the market growth rate remains high, is expected to continue to maintain a strong growth trend. LED lighting market scale (Unit: million US dollars)Information