Market expending of led commercial lighting
From 2010 to 2011, the two years is important time for the rapid growth and popularity of LED lights commercial lighting market. Compared with LED home lighting, commercial lighting market is more convenient in civil lighting market, sold in bulk and scale of procurement, which makes it obvious in the growth rate of the LED lighting in the LED commercial lighting market.
So far, commercial lighting is LED highest penetration rate of breakdown of lighting areas. It is easier for enterprises to accept the commercial space lighting in the price. In addition, with increasing consciousness of energy saving requirements, LED spot plays a growing role in commercial space. The data shows that commercial lighting accounts for 43% in the global lighting market of electricity consumption, which is the highest proportion. It takes 73% of the consumption for retail, office, storage purposes, educational buildings, health care applications.
At present, there are about more than half of the existing LED commercial lighting needs to be replaced in the next three years. For the next decade, about 300 million people will go into cities, the city commercial lighting will further expand, which will lead to greatly prosperous situation.
Foreign companies spent a lot of money in LED market
From Guangzhou International Lighting Exhibition ended June, we can know that, besides the LED exhibiting significant increasing, another change is that LED products is gradually changing from decorative to functional. Under the baton of industrial policy, LED is getting new Pushing Hands. With the competition of foreign brands and domestic brands, the strategic change in function and decoration becomes the point. Who can take a great share finally? God knows.
Foreign brand competition is increasingly intense. Economic and Trade Commission of Guangdong Province authorities admitted that the LED market is large enough to satisfy everyone. But in another two years or even one year, it is difficult to say who will be the big boss. Indeed, China has become one of the global commercial lighting of the fastest growing market in recent years, annual growth of 20% constitutes a huge commercial lighting market. China’s lighting market have huge capacity, many brands, but it has been showing a dominant situation for foreign brand. More critical is the foreign brands use own technology, capital, sales and other advantages from epitaxy, chip, package, and application of a complete industrial chain, occupying the key areas of the market.