According To rough estimation, the proportion of global lighting electricity consumption is as much as 20% within total global electricity consumption. Up to 90% electrical energy was converted into heat energy (wasted). This amazing data shows us that traditional energy-saving lights are actually incompetent. And meanwhile, more and more evidences prove that LED lighting technology plays a significant role in energy saving projects promoting all around the world. However, focus always is a money-making point. Governments from the countries all over the world tended to pay their attention on this new type energy-saving and environment friendly lighting technology. At the same time, business men from these countries also started their LED lighting business strategy. Invariably, they made their start point in residential LED lights.
It is understood that the advantages of LED lighting is obvious compare to traditional lamps, higher luminous, more efficiency, a longer life, etc. The luminous efficiency is 2.5 times as much as fluorescent lamps, 13 times as much as filament lamps. This advantage is more obvious in residential LED lights. After ten years developing, LED lighting technology has showed a sign of mature, especially in residential LED lighting area. Not mention Shanghai and Guangzhou, there are more than 100 large-sized LED manufactures emerged in Jiangsu Province in past ten years. Over 70 among them are manufacturers for residential LED lights. “LED has a higher content of technology. The interaction between people and light is possible as a result of intelligent lighting design. This cannot be realized by traditional lights. Another point, LED performs a very strong decorative function, which is significant in residential LED lighting. With the improvement of living standard, people tend to choose products which are both practical and aesthetic. They don’t care about the price. Actually, the price of LED lamps is not much more expensive than that of traditional lamps.” Said Qiang Wang, a designer from a household LED lighting companies in Wuxi.
Energy crisis gives birth to energy saving and environment protection awareness, and also promotes the development of global LED lighting industry. Experts are always optimistic about the LED high bay market. They believe this is a market with strong potential. The constant and rapid development of Chinese LED lighting business is also affirmed. Not only in residential LED lighting industry, but also in other LED lighting business, like outdoor landscape lighting and entertainment lighting.