Recently, the International Monetary Fund (IMF) has lowered the global economic growth prospects. The “2014-2011 China LED Lighting Industry Market Preview and Investment Strategic Planning Analysis Report†released by the Prospective Industry Research Institute predicts that the global economy will grow by 3.6 this year. It will be higher than the growth rate of 3 last year.
The market recovery in the United States, Germany, and the United Kingdom has improved. It is expected that the US economy is expected to grow by 2.8 this year and maintain the expectation that the Chinese economy will grow by 7.5 this year. The above regions are important markets for LED lighting development, and the economic recovery or weakness is also It is affecting the scale of the LED lighting market.
Currently, the main market for the LED lighting industry is in North America, Europe and Asia, while Asia is dominated by China and Japan. According to forward-looking data, the global LED lighting penetration rate is expected from 22 in 2012 to 26 in 2013 and 32.7 in the second half of 2014.
At present, the foreign LED lighting industry is moving towards universal popularity. Compared with foreign countries, the LED lighting market in mainland China is not too much. LED lighting is driven by factors such as falling product prices, continuous policy policies and increasing awareness of energy conservation. The market demand for LED lighting is growing rapidly.
LED lamp performance begins to dominate the lighting market. Below is the LED lamp performance table and the corresponding energy-saving lamp and incandescent lamp wattage comparison. The LED lighting market is an important opportunity that any country must seize because it is a light revolution. Represents a better life. The introduction of LED bulbs under $10 has basically reached the sweet spot that people accept, so it is expected that the LED lighting penetration rate will continue to rise.
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