Outbreaks in LED lighting market
LED lighting market in a huge outbreak of industrial space is coming. Authoritative data predict that by 2020 the global lighting market will more than 150 billion U.S. dollars, compared with $ 134 billion in 2010 an increase of 11.9%. Although the overall growth seems small-scale, the lighting product structure will change significantly. That is, LED lighting market in 2010 was about $ 5 billion and will be $ 75 billion in 2020. 10 years will be 15 times expansion. In addition, according to Taiwan’s Topology Research Institute’s data, the global LED lighting penetration rate of 10%, to 2015 or at the latest in 2020, a penetration rate of 50%
In fact, due to the high cost of the chip and heat sink material LED lighting products applications has been constrained for long time. Data show that in early 2013, LED lighting acquisition cost is 7-8 times of ordinary energy-saving lamps and are energy saving lamps with dimmer function 2 times. For example, the European and American mainstream brands of LED lighting products priced at 19 U.S. dollars / thousand lumens, while the ordinary energy-saving
lamps for only 2.5 U.S. dollars / thousand lumens, energy saving lamps with dimmer function is also just 10 U.S. dollars / thousand lumens
But as far as understanding of the market, LED lighting can be cost-saving in many ways. For example, future chip is expected to continue to decline 20 percents, cooling aluminum can save 30%. With the chip continue to cut prices, while the chip luminous efficiency increased, heat sink a lot of simplification, LED lighting product prices are constantly approaching energy-saving lamps.
In terms of products, LED products large-scale alternative to traditional light sources may be the first in the field of commercial lighting, especially dimming market requirement expanded. In terms of regions, Europe and Japan, industrial and commercial areas with high electricity prices may lead to start. Japan, for example, the more cost by using LED light source than ordinary energy-saving source, two years will be able to recover. “Is expected to in early 2015, European and Japanese household LED lighting market will start, at the same time, commercial and industrial lighting market will start in developing countries.
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