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The development trend and status quo of the global and Chinese lighting market

The development trend and current situation of the global and Chinese lighting market. With the introduction and implementation of the global incandescent lamp elimination route, combined with the current situation of the world's vigorous promotion of environmental protection and energy saving, LED light sources are undoubtedly a well-deserved * suitable replacement light source. Nowadays, the replacement of LED lamps is in full swing all over the world. The wave of LED replacement tide in Europe, America, Southeast Asia and other regions also reflects the continuous growth of the demand for LED lamps. As a large country in lighting production, with the implementation of energy saving and emission reduction policies, the potential demand for the LED market has grown substantially, and the popularization of LED lighting has made rapid progress. Although the current smart lighting is still in the promotion period, with the active investment of major system manufacturers and the energy-saving trend, the smart home market has more potential than smart phones, and the annual market size can reach US$100 million. According to the *new 'Global LED Lighting Market Trend' report, the annual global lighting market will reach 100 million U.S. dollars, of which the LED lighting market will reach 100 million U.S. dollars, with a market penetration rate of %. According to the regional observation of the global LED lighting market scale, the European region accounts for% of the market scale. Although the government does not provide large-scale subsidy policies, its high electricity prices and differences in light culture have increased the demand for LEDs in the commercial lighting and outdoor architectural lighting markets. As a major lighting product manufacturing country, China occupies a% of the market share, coupled with cost advantages and a complete supply chain, market competition* is fierce. The U.S. market accounts for %, and the demand for LED commercial lighting is developing strongly, among which the tube replacement market is growing rapidly*. Japan occupies a% of the market share, and the growth potential of commercial lighting and industrial lighting is huge. The door to emerging markets will be opened substantially this year, including the rest of Asia, the Middle East and India, and Latin America. The growth momentum is mainly benefited by population, policy promotion and project promotion. According to statistics, the global smart lighting market is about US$100 million each year. Although the current smart lighting market is relatively small, the market will continue to grow in the future driven by manufacturers’ active promotion and energy-saving trends, reaching US$100 million per year. Looking at the scale of the global smart lighting market according to product categories, the back-end system accounts for the largest proportion every year, the proportion of local smart lamps is not high, and the proportion of smart switches is the smallest. From the perspective of application, countries in the early stages of LED introduction are usually led by the government, using the public domain as a demonstration field for smart lighting. With the gradual increase in the rate of LED street lamp installations, intelligent street lamps combined with switching time, brightness, and maintenance will be added in the future. As for the product side, the development of LED technology has matured. In the future, the comparison between manufacturers will not only be technological breakthroughs, but more importantly, they can accurately meet the needs of consumers and usage scenarios in order to truly bring smart lighting products into the market. Terminal application.

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