LED lighting market penetration will reach 16.8%

Favored by the LED lighting industry development prospects of the LED lighting market, the national government in the 21st century energy shortage situation strongly supported under the policy to promote energy saving, many companies continue to increase investment and support the LED lighting market. With the rapid development of LED lighting, they are first used by the outdoor lighting such as road lighting, landscape lighting has been widely used, by now, it has developed LED lighting applications rhythmically interior lighting that tends to promote the common household lighting, commercial lighting, etc. such a great potential for lighting applications.

http://www.eneltec-led.com/LED-Lighting-Blog/wp-content/uploads/2013/12/LED-lighting-market-penetration-will-reach-16.8%.jpg

Currently LED lighting applied to more deeply in the field of civil lighting. Although the market still are mainly LED street lights, commercial lighting, yet its main push products with LED panel light dimming, color capabilities, LED down light frequently plane attract people’s attention. LED prices are still a problem around. As the most important factors hinder the promotion of LED, the high price of this energy-saving and environmental protection, new fixtures blocked in the civilian market. According to insiders, LDE lighting sapphire as the chip substrate, conductive and have used gold, with sufficient reasons to become a “noble lamps.”

LED lighting market penetration is expected to reach 16.8% in 2015. The report also mentioned that under the stimulus of government policy, household penetration in LED lighting and street lighting applications will be significantly improved, such as mainland China’s 12th Five Year Plan, as well as Taiwan’s LED subsidy policy, these subsidies also contain commercial lighting. LED bulb, LED fluorescent tube in the Japanese market is growing year by year, the main reason is that from the earthquake in March 2011 after, the rise of consciousness and energy subsidy policy of the Japanese government. At the same time, many new LED suppliers enter into the fray, and soon begin production. Taking 500X500 micro chip sizes as an example, the overall supply in 2011 grew by 41%, but much needs to grow only 10%, so creating an oversupply in 2011.