LED Lighting Development Trends

The Rapid Increase of Global LED Lighting Market

A data from McKinsey shows that from the year 2010 to 2016, global LED lighting market share will increase from the 7% of today to 40% by 2020, the income of the LED lighting market will be close to 65 billion Euros - in the world account for nearly 60% of the lighting market share. At present, China's semiconductor lighting products market size is more than 200 billion, two or three years will rise to 50 billion -600 billion in size. Mainstream lighting market is a fluorescent lamp, it is about 75% energy saving than incandescent, but the life is still limited, and generally not more than 10,000 hours, environmental pollution brought about by the metal mercury in fluorescent lamps is also unable to crack the problem. According to reports, the new army of the lighting market led light bulbs wholesale energy-saving lamp, energy consumption, life and environmental protection have improved.

The Future LED lighting products

The LED continuously improves the effectiveness and quality of LED, and the efficacy is generally beyond 200lm / W in 2016. By then, the light guide tubes, the remote phosphor powder and liquid cooling technology continues to progress, that people get a new method of manufacturing LED lights will create new lighting products more competitive in the future. The most important thing is LED lighting will not be limited in the ordinary sense of the lighting market penetration into this market by other technology-led and lighting. LED in some applications quickly has effect on the led bulbs manufacturer and medium-term global light bulb market because of its long life and will have a profound impact. In 2015, the slowdown in the growth rate of global light bulb market began declining in 2016 and 2020 global light bulb market revenue, or $ 24 billion, fell back to the level of revenue from 2011 to 2012, the proportion of LED bulbs will drastically to 66 percent.

Government Support the Development of LED Lighting

LED lighting industry development prospects make people confident in the LED lighting market, the State Government strongly supports the case of energy shortages in the 21st century to promote energy conservation and environmental protection policies, many companies continue to increase investment and support in the LED lighting market. With the rapid development of LED lighting was first used in outdoor lighting such as road lighting, landscape lighting has been widely used since the development of LED lighting applications rhythm extension trend ordinary indoor lighting, home lighting, commercial lighting, etc. such a huge potential for lighting applications. The field of civil lighting LED lighting applications is getting involved in deeper and deeper, though now on the market are mainly LED lighting street lights, commercial lighting.

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