With the LED lighting taping into the fluorescent market, ITRI IEK energy research group leader Lin Zhixun yesterday (31) said that it was estimated that the global LED lighting market would reach 54.5 billion yuan by 2017, accounting for up to 48% of the overall lighting market penetration, and Asia has also become the focus of production and consumption, including mainland China will have the opportunity to replace Western Europe to become the largest LED lighting applications market in 2016. Lin Zhixun pointed out that through government policy support, rapid decline in product prices, the growth of the demand for global LED lighting market is rapid, estimated that global LED lighting market will grow to $ 27.2 billion in 2013, annual growth rate is 35%, which accounts for less than 20%of the penetration rate of the total lighting market, as the market gradually grow, plus the governments continue to develop energy-saving regulations, which will drive that the penetration rate will reach 48% in 2017, and the market size is $ 54.5 billion. The unit price of the LED lighting continue to decline, and the market trends that has constantly eroded fluorescent arrived, which drive that the LED light presents a high growth momentum, Linzhi Xun said, institutional component, channel profits will become the key to lower prices for LED lighting products. It is estimated that the growth momentum of the substitutes market will reached saturation point and the demand will gradually develop toward the direction of functional lighting products in 2015 and 2016, estimated global LED light penetration rate will exceed 30% in 2015, and in 2017 reach 48% penetration rate. From the respective regional market development point of view, Linzhi Xun said that although the European market has been a high degree of market penetration, but since the era of traditional lighting was inherited in the continent,the continent has been a major manufacturing center of LED light, moreover the mainland intends to develop LED light , it is estimated that China will replace the Western Europe and become the largest LED lighting applications market in 2016, in addition, coupled with the high development potential in emerging countries, Asia will be the main market of the production and consumption of the LED light. Driven by the good policy and market environment,there are a large number of professional LED manufacturer, the Lead Lighting is a excellent production LED lighting manufacturer that specializes in researching and producing a variety of indoor and outdoor LED light in Shenzhen, Guangdong, China,Lead Lighting adopts high brightness SMD as the light source of the LED tube light and highly integrated and high brightness COB as the light source of the LED flood light, which fully guaranteed stability and soft light of the LED tube light and octahedron breadth and brightness irradiation range of the LED flood light, while LED tube light and LED flood light use low voltage constant current driver, which current the alternating into direct current so that improve energy efficiency and reduce the waste heat energy and stroboscopic effect excite the human eye, the most important is that the LED lighting without adding mercury and other heavy metals harmful to our body and pollution the environment, that’s why the LED light is famous for energy-saving and environmental protection ,login www.ledclan.com to learn more features and uses of the LED tube light and surf www.lead-lighting.com to know more awesome LED floodlights and other LED lighting.
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LED lighting, LED tube light, European market, IEK, market penetration, Western Europe, Shenzhen, , Guangdong, mainland China, China,
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