According to the new market report of LEDinside, a subsidiary of TrendForce, a market research institution, the penetration rate of LED lighting is rapidly increasing, and the market output value is estimated to reach 17. 8 billion US dollars in 2014, the total number of LED lighting products shipped reached 13. 0. 2 billion, up 68 from 2013. LEDinside said that the replacement tide of LED lighting products comes from the rapid decline in prices, among which the replacement light source products are obvious, and bulb lamps and lamps are the popular replacement light source types in the market, they accounted for 38 and 25 of LED lighting products in 2013 respectively. In addition, the demand for integrated LED lighting products will gradually rise in the future, especially those combined with smart lighting applications. Therefore, it is expected that the proportion of LED lighting products will increase year by year in 2014. Among the LED lighting markets in various regions, the North American market government's support for LED lighting is gradually increasing. Us energy star (EnergyStar) The number of subsidies for lighting products has grown rapidly, and the price of LED lighting products has been further reduced. Cree and other manufacturers are optimistic about the development of LED lighting market in 2014, and expect that the sales growth of alternative lighting products will become the focus of the next business. LEDinside data show that the growth rate of LED lighting products in North America is expected to reach 72. 5% in 2014. In addition, in Latin American countries such as Brazil ,? ? The LED lighting market is showing rapid growth. It is estimated that the growth rate of LED lighting products will reach 64, especially the LED commercial market. The European region, which belongs to the mature market, has not seen a large-scale subsidy policy, but its high electricity price and the difference of light culture make the application of commercial lighting and outdoor building situational lighting continue to exist, in the next few years, with the influence of the total ban on incandescent bulbs, it is estimated that the market will continue to show a stable growth trend, and the growth rate of LED lighting products in 2014 is expected to reach 69. [img] /uploads/allimg/131125/1004423008-0. jpg [/img] In the Chinese market, not only the emerging LED manufacturers actively lay out the LED light source market, but also the traditional lighting manufacturers with brand and pipeline advantages actively adopt a two-pronged approach of network and physical stores to expand the LED lighting business, the Chinese government is also trying to play an active role in promoting the development of LED industry through subsidy policies, while at the same time resolving the problems of overcapacity and enterprise bankruptcy caused by excessive upstream equipment subsidies. LEDinside estimates that China's growth rate of LED lighting products will reach 86 next year.