2017 LED lighting industry white paper

November 1, 2017, TUV Rheinland (hereinafter referred to as "TUV Rheinland") officially released the "2017 LED Lighting Industry White Paper," designed to help LED lighting industry chain enterprises, research institutes, sales and investment enterprises to understand LED lighting’s latest developments in the industry, grasp the market opportunities, make the correct business decisions, and clear the direction of business development.

Based on TUV Rheinland's many years of experience in the LED lighting industry, this white paper summarizes and explains the current and future trends in the global and China LED lighting market. With reference to the relevant European and American regulations and standards, this white paper analyzes the different product manufacturers in the supply chain in face of the quality test. Finally, it also put forward practical countermeasures and suggestions for different applications.

LED lighting market status and trends

With the continuous development of energy-saving lighting technology, the protagonist of the traditional lighting market is converted from incandescent LED. IT is expected by 2020, the global LED lamp production will exceed 7 billion. According to research firm LED inside, penetration of global LED lighting in 2017 is around 39% and will exceed 50% by 2019. China is an important production base of LED lighting products in the world, accounting for more than 80% of the world's total output. China LED lighting industry for several years, a large number, but the manufacturers who has a brand and channel advantages will be the market leader.

Intelligent lighting is the main direction of development of LED lighting

With the smart home, smart city trend of arrival, intelligent lighting has been the concern of LED companies. It is estimated that by 2020, the global intelligent lighting market will reach 13.427 billion U.S. dollars. However, the smart lighting market in China is still in its infancy. The industrial order is chaotic and the standards are not yet fully developed. The business model is still under investigation. The industry needs to cross these difficulties before it can develop healthily.

LED lighting companies are faced with multiple quality tests

LED lighting market is fierce competition. The standards and buyers requires in various countries are various kinds. Chinese enterprises in the overseas market survival and development are facing various challenges. In the North American market, for example, LED lighting products must pass the Nationally Recognized Laboratory (NRTL) related tests, in addition buyers may also require performance-related testing and certification, such as Energy Star certification, the US Department of Energy Lighting Facts label, Federal Trade Commission FTC Lighting Facts label, DLC certification and more. In order to better control product quality and market risk, sometimes buyers will increase a lot of personalized requirements based on different product types, such as product packaging, labeling and manual to meet the requirements of the access market. The different types of LED products have different standards. The white paper had a detailed description for the lamps, light source and driver.