2012 high efficiency led lighting starts to enjoy 30% for the users of financial subsidies

China released to phase out incandescent route map in October 2012, at that time, most people believe that the energy saving light will replace incandescent. Just six months later, the semiconductor lighting for a more energy efficient lamp has been entering a large scale into the market.

Spend $ 40 billion for LED Street Light lamps procurement users to provide 30% financial subsidy

The strength of LED lights energy saving are obvious: compared with the same brightness, the 3W LED energy saving lamps spent 333 hours to consume 1 kWh of the electricity, while the ordinary 60W incandescent spent 17 hours to consume 1 kWh of the electricity, the ordinary 5W energy saving lamps consume 1 kWh of electricity.  Moreover, the LED lamp life is 5-6 times than the energy-saving lamps. “If  you do not consider  material aging factors,an LED may be used more than 20 years.” BOE Technology Group Vice President Li said.

High efficiency led lighting technology and the products have matured. “12th Five-Year” period , the unit of Guangdong Province, mainland GDP carbon dioxide emissions decreased by 19.5%target. For this reason, Starting from March 1, 2012, all financial investment in Guangdong province develop lighting project, all public lighting shall be using LED lights.

March 20, 2012, organized by the Ministry of Finance, National Development and Reform Commission, Ministry of Science and Technology 2012 semiconductor lighting products, financial subsidies to promote the project” in Beijing,  mainland public tender, 110 companies from all over the world have nearly 300 bids representatives participated in the tender. China Development and Reform Commission has made clear that in 2012 the Chinese government will spend 40 billion yuan t0 the procurement of LED street lamp and to th30 percent of financial subsidies for the users of high efficiency led lighting.

The subsidy policy will not only boost the LED lighting market, but also stimulate the demand for civilian use LED lighitng. The insider believes taht the real start of the domestic LED high bay lighting market will commence later this year.

The reshuffle of Large international companies, mergers and acquisitions is inevitable, so LED small businesses is hard to compete.

As a barometer of the high efficiency led lighting industry, the Guangzhou International Lighting Exhibition of data also shows signs of this, according to the organizers of Guangzhou Guangya Messe Frankfurt Co., Ltd.General Manager Mr. Hu Zhongshun said, the exhibition held in this year will not only expand the scale of 220,000 square meters, and 500 well-known listed companies, have to snatch a large booth in preparation for the second half of the industry to warm up.