The importance of LED lighting for LED market

In 2018, the global LED market will have a total of 25.9 billion dollars, including LED general lighting market share of 57%.LED the market’s other businesses include the sign business, automotive lighting, mobile equipment, display back light and monitor.

The importance of LED lighting for LED market

In commercial and residential markets, general LED lighting applications will continue to gain traction, and achieve further accelerated growth.

Commercial application Gao Liuming LED lighting system will show significant growth, the current for consumers, families LED lighting is still too expensive.

Based on the long-term benefits of LED lighting, energy saving and environmentally friendly features and related tax breaks, the use of LED lighting in the business world will significantly increase, these business areas cover, office buildings, factories and warehouse facilities and parking lot.

LED lights will replace not only high pressure sodium lamp, halogen lamp and incandescent lamp, in some areas even will replace CFLS and fluorescent lamps.It is estimated that in 2011 LED commercial lighting fast growth and is widely applied, and the LED home lighting began to rise until 2012.

Industrial and commercial application of using LED lighting is not surprising that first, because these applications require high intensity lighting for a long time, save power is relatively short-term economic returns.

Second, the long life of LED lamps and lanterns can reduce light bulb replacement cost, the replacement cost includes: the bulb itself replacement cost price, labor force, and some applications, such as in the high canopy lighting labor cost is very high.

LED lighting the high growth of the main driving force is: compared with the traditional lighting, LED lighting can significantly reduce energy consumption.Than incandescent lamp, the same level lighting, LED lighting can save 20% of its electricity.

LED lighting lamps and lanterns is does not contain any toxic substances management and processing, the use of toxic mercury gas CFL.Finally, the LED can implement other technology can match the new low profile.

Another factor promote household LED lighting change is the use of most American families 40 w and 60 w incandescent prohibited the manufacture or import the fact (of course it can still buy), 2012, 2012 w and 70 w incandescent lamp also have to be eliminated.

Therefore, the same lumen output cases, only one 8 of the energy consumption of solid-state leds equivalent products welcomed by the real world.