Europe is the main application market for LED lighting

According to statistics, 19% of electricity consumption for lighting applications in everyday lighting applications if imported energy efficient means of global energy consumption is able to produce significant results, therefore, governments of countries in order to create a more environmentally friendly image, but also actively through policies, regulations and industry guidance towards the direction of the development of energy-saving lighting applications.

Europe is the main application market for LED lighting

2012 global LED architectural lighting market size is about $ 3.191 billion, accounting for approximately 29% of the overall LED lighting market share, among which the major application market is in Europe, accounting for the global LED architectural lighting market is about 35%, the market size is $ 1.12 billion.

Survey data also shows that the European market over the next five years, LED lighting compound annual growth rate is 38%, following the rapid growth in Japan under a mature market, where architectural lighting and commercial lighting applications due to consumer price sensitivity is low, the LED high illumination acceptance, popularity fastest.

Because of the LED light color characteristics, European countries are more willing to invest more money in promoting cultural and tourism values ??lighting design, in order to attract more tourists. Trend Force said that in the past the use of multi-LED and RGB Color LED to use the main color, but 2011 is too ambitious LED supply demand, making high-power white LED lighting with the ASP annual price cuts of 35 to 40 percent margin, architectural lighting market Lighting manufacturers have improved the acceptance of the white LED, so the 2011 white LED applications in the application of building is more than four percent proportion.

In the next few years, affected by the policy in 2012 the EU total ban on incandescent light bulbs, estimated market will show significant growth conditions. From 2011 to 2015 compound annual growth rate between the European LED lighting market is expected to reach 38 percent, following the Japanese market, which will be a rapidly growing LED lighting under the mature markets.