Global lighting output value about 1,095 billion US dollars on 2014, slightly lower than in 2013; and LED lighting output value of about $ 28.8 billion, in the lighting market penetration has reached 26%.

From the main market, the United States and Europe have largest amount of people’s livelihood were the 40 ~ 60W incandescent replacement rate because of policy, while the US Energy Star states also enjoy subsidies and by application DLC certification to obtain subsidies, This significantly inject the US LED lighting market. On the other hand, China is the focus of the world’s production of lighting products, local LED lighting penetration rate of 8.9% from 2013, rising to 16.4% in 2014.

Lighting manufacturers in the world’s top ten analysis, which in 2014 accounted for about 27% of total revenues of the global lighting market, so the industry concentration is not high; the top ten ranking of revenue sequentially for the lighting manufacturers Philips, OSRAM, Panasonic, GeneralElectric, AcuityBrands, Zumtobel, Toshiba, CooperLighting, Cree, Hubbell, which, in addition to plain Cree LED lighting company in the top ten vendors outside, many others are having a few decades to centuries-old international lighting manufacturers. However, the world’s top ten LED lighting manufacturers together accounting for the global LED lighting market revenue up 64 percent, belong to a relatively high degree of industrial concentration.

Optical WCC noted that LEDs penetration increased gradually in recent years, the proportion of revenues manufacturers of LED lighting products also conform to this trend and continues to rise, slowing the rate of decline overall lighting business, but in spite of LED lighting market penetration of elevated year by year, the traditional lighting manufacturers still dominate the lighting market; at the same time, LED lighting market also entered the stage of excessive competition, like today (2015) in March, there were Philips will be its packaging and automotive LED lighting business 80.1% stake in Lumileds body, and sold to Chinese background Jinsha River Group, can be said that shocked the global LED industry.