The growth rate of LED lighting market in 2013 can reach

by:ALLTOP      2020-02-08
With the continuous decline in LED lighting prices and the rapid expansion of the number and scale, Lin Zhizhen, head of the energy research group of the industrial economy and trend research center of the Institute of Technology, pointed out that the growth rate of the LED lighting market in 2013 should be expected to be 30, the output value of LED lighting in 2020 is 65. 8 billion US dollars. Lin Zhijun said that the key markets for LED lighting development in the future are still in the mainland, Europe and the United States, but attention must also be paid to non-tariff trade barriers such as relevant standards, norms, energy efficiency requirements, local protectionism, etc. However, Asia is currently the main sales area of LED lighting and also the major application area of LED lighting, with a market share of in 2011. It is mainly driven by government support, high economic growth and frequent construction activities. Among them, the Japanese market is actively promoting the application of LED lighting. Japan's LED replacement lighting market reached 952 million US dollars in 2011 and is estimated to reach 1203 million US dollars in 2012. In terms of individual application markets, the penetration rate of LED lighting in the building lighting market reached 56 in 2012, but it has also slowed down due to the maturity and growth of the market. Outdoor lighting is benefiting from the market demand created by the government, which makes the application of LED lighting grow slowly. In 2012, the penetration rate of LED lighting in the application field of industrial lighting was only about 6. The application of LED lighting in commercial lighting is gradually transferred from early functional lighting to main lighting application, because commercial lighting has high turnover rate and long-term use, the penetration rate of LED lighting has increased simultaneously with the market scale. In 2012, the penetration rate of LED lighting in the commercial lighting market has reached 15. Housing is a large application market for lighting. LED lighting system quickly cuts into the residential lighting market with bulbs to replace traditional bulbs. However, due to the high sensitivity of consumers to prices, therefore, the penetration rate of LED lighting in the residential lighting market in 2012 is about 13, which needs to be improved. Office lighting is based on energy saving. LED lighting is based on replacing traditional fluorescent tubes and cutting into the office lighting market. However, LED lamps must also face price competition of T5 fluorescent tubes, therefore, the penetration rate in 2012 is only about 11, and there is also much room for growth.
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