Increased awareness of environmental protection drives global LED lighting popularity

With the gradual increase in global average temperature and the increasingly serious problem of PM2.5 air pollution, in addition to finding more environmentally friendly power generation methods, governments of various countries are also actively promoting various energy-saving subsidy measures to encourage people to replace high-power traditional light bulbs with LED lighting equipment. Reduce the consumption of natural energy. For example, the Global Climate Conference COP21 held in Paris, France at the end of 2015 focused on topics such as reducing global carbon dioxide emissions and creating a green energy environment. Major energy consumers such as the United States, India and the mainland also announced that they will actively promote the installation of LED lamps it’s expected to drive sales of up to 10 billion LED bulbs.

According to LED inside's global LED lighting market trend research report, the LED lighting market size was 25.7 billion US dollars in 2015, and the market penetration rate reached 31%. Driven by the decline in LED lighting fixture prices, the market output value in 2016 is expected to exceed 30 billion US dollars as for the mark, the market penetration rate will reach 36%.

Fast road LED intelligent street lamp system experimental field, paving the way for future entry into the field of intelligent lighting. Industrial Research Institute

Huang Mengjiao, an industry analyst at IEK's Green Energy Industry Research Department, believes that under the continuous evolution of LED lighting technology, the problem of insufficient luminous efficiency in the past has achieved major breakthroughs, and the continued price bottom of terminal products has also made LED lamps a new consumer market. Generation light source. Although the global economic growth has slowed significantly in 2016, which may affect the popularity of LED lamps, with the support of energy policies in emerging countries, the LED lighting market penetration rate is expected to reach a new high of 48% in 2019.

Wu Yingjie, deputy manager of the LEDinside Research Center, pointed out that the continuous promotion of energy subsidy policies by governments in various countries is indeed the main reason for the rapid increase in the popularity of LED lamps. However, because the products have fallen into the price-cutting competition in the Red Sea market, many lighting companies have begun to shift their focus of operation to gross profit. High professional lighting field, such as industrial lighting, commercial lighting, architectural lighting, etc. Smart lighting combined with sensing elements will also be a must for major manufacturers.