With the continued growing in LED street lighting technology, the prices continues to improve, as well as increasingly urgent, road lighting market demand for LED street lighting energy saving urban demand is also growing rapidly. Due to road lighting products used in outdoor space, high performance requirements for products, such as requiring illumination uniformity, glare-free, long life, high reliability, color temperature can be adjusted, at present, the main applications include high-pressure sodium lamps, lamp and LED lights and so on.
Road lighting LED general lighting market is all market segments in the highest market penetration, currently used in support of the growing maturity of secondary roads, but the application needs further exploration in the trunk.
Global market research firm DIGITIMES Research 2014 released in March’s “2014 Global bright LED market trends and forecast installed capacity analysis report” shows that the current global street light installation is about 200 million, of which about 65 million in Europe, accounting for 30 % or more, the United States about 44 million, accounting for about more than 20%.
According to China’s National Bureau of Statistics, as of the end of 2012, the number of all prefecture-level cities in China and more than 289 city road street light about 21 million, plus non-prefecture-level city and township roads, but the past two years China continues to accelerate the pace of urbanization , CSA Research preliminary estimate of China’s current street lights installed capacity (ownership) of about 33 million, accounting for more than 16 percent worldwide.
In recent years, China LED street lamp market penetration (number of installations) rising, 2013 LED street lamp market penetration of about 19%, the market size of about 140 billion yuan. CSA Research preliminary estimates, to 2015, China’s LED street lamp market scale of about 23 billion yuan; then, China’s LED road lighting products, overall market penetration will exceed 45%, a huge market space.