The global LED lighting market will increase to $34.64 billion in 2016

According to DIGITIMES Research, the global LED lighting market will reach US$34.64 billion in 2016, and the penetration rate will be 31.3%, which is 4.1% higher than that of 2015. Among them, LED bulbs and spotlights will exceed 28%. % and 30%, LED tube will be 17.3%, LED street light will be 15.7% in total installed capacity.

The luminous efficiency of LED lamps is 100 lm/W or more, which is a popular specification. It is estimated that the proportion in 2016 will reach 52.5%, and there will be cheap products on the channel. The price of 4å‘ŽT8 LED lamps of mainland brands is below RMB10. The average price of Philips in the US Home Depot channel is US$8.99. DIGITIMES Research estimates that LED lamp shipments will be in the year due to factors such as the increasing popularity of high-profile products and the 37% decline in ASP in 2016. 690 million, the annual growth rate will reach 45.9%.

The original spotlights of LED spotlights are higher, and the lighting manufacturers will increase the proportion of such products in the future in order to avoid the Red Sea market (such as LED bulbs and low-cost LED tubes). It is worth noting that the networked lighting control system has gradually become the design of the commercial lighting field, and the growth rate will be higher than the LED lighting in the future. In the future, the LED spotlight will be combined with the “system and service”, and the penetration rate will be broken in 2016. 30%.

In terms of LED street lights, the number of installations in the country where LED streetlights were implemented earlier has changed little in many areas because of the several-year reloading plan. In contrast, LED streetlights have significantly increased growth areas and will be newly developed cities. Roads, and emerging countries that are beginning to implement LED lighting plans, are expected to have 10.4 million LED street lights in 2016, which will grow 13.5% from 2015.

Global LED lighting market scale and penetration rate forecast from 2009 to 2016

The global LED lighting market will increase to $34.64 billion in 2016
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