Huge LED street lighting market space

With the advent of the global energy crisis and building a conservation-oriented society concept deeply rooted, LED road lighting energy saving new technologies that will definitely have traditional lighting technologies have a huge impact. The future direction of development of road lighting will also be LED lighting technology, we can see LED prospects in the domestic and global road lighting is limitless.

Huge LED road lighting market space

Now, with the technology continues to improve, continue to regulate the industry and continue to raise awareness of domestic road lighting using LED light source, more and more existing road lighting will have to replace the light source LED, construction of roads and engineering are large segments use the LED light source. LED road lighting has become the most suitable electric light this assertion has been recognized, and even a lot of people think that the future for a long period of time will be the only electric light LED road lighting used.

According to industry bodies in 2014 the global LED street light installation quantity statistics show that the current global street light installation is about 200 million, of which about 65 million in Europe, accounting for more than 30 percent, the United States about 44 million, accounting for about more than 20% Japan about more than 400 ten thousand, China about 33 million, accounting for more than 16 percent worldwide.

In recent years, China LED street lamp market penetration (number of installations) rising, in 2011 more than 7% in 2012 to 11% in 2013 LED street lamp market penetration of about 19%, the market size of about 140 billion yuan . According to preliminary estimates, in 2015 the market size of LED lights in about 23 billion yuan; then, China’s LED road lighting products, overall market penetration will exceed 45%, a huge market space.