This year global LED lighting will maintain a 30% increase

Lin Zhixun, head of the Energy Research Group of the Industrial Technology and Trend Research Center at the Industrial Technology Research Institute of Taiwan, pointed out that the growth rate of the global LED lighting market in 2013 should be 30%, and that of global LED lighting in 2020 should be 65.8 billion U.S. dollars.

Lin Zhixun said that the key markets for the development of LED lighting in the future are still in the mainland, Europe, and the United States, but they must also pay attention to relevant standards, norms, energy efficiency requirements, local protectionism, and other non-tariff barriers to trade. The Asian region is currently the main sales area of ​​global LED lighting, and is also the largest application area of ​​LED lighting. In 2011, the market share reached 40%. Mainly due to government support, high economic growth, and frequent construction activities. Among them, the use of LED lighting applications in Japan is the most positive. In 2011, Japan’s LED replacement lighting market reached US$950 million, and it is estimated that the market size in 2012 will reach US$1.23 billion.

In 2012, the penetration rate of LED lighting in the architectural lighting market was as high as 56%. However, due to the maturity of the market, growth has slowed down. Outdoor lighting is benefited from the government's creation of market demand, making LED lighting applications grow slowly. In 2012, the penetration rate of LED lighting in industrial lighting applications was only about 6%.

LED lighting products have already begun to become the main lighting tools, but due to consumers' more sensitive prices, the market penetration of LED lighting in 2012 is very low.

This year's lighting market will be able to expand with the continued development of LED lighting products. At the same time, the penetration rate will gradually increase with the decline of the price, coupled with the introduction of new references and the development of smart lighting, so this year's LED lighting The development prospects are still very good, and the development of the LED lighting market is expected to increase substantially.