Analysis of the LED Lighting Market Status

 

led street light

According to "2013 LED lighting market in Europe 2015 Report," 2013 European lighting market has continued to grow steadily to $ 18.9 billion, up 10% over 2010, of which 2011 LED lighting market in Europe has exceeded 2.08 billion dollars above. 2012 global LED architectural lighting market size of about $ 3.191 billion, accounting for the overall LED lighting market share of approximately 29%, which is the major application market in Europe, accounting for the global led street light wholesale architectural lighting market is about 35%, the market size of $ 1.12 billion. Survey data also show that the European market over the next five years, LED lighting compound annual growth rate of 38%, following the rapid growth in Japan under a mature market, where architectural lighting and commercial lighting applications due to consumer price sensitivity is low, the LED high illumination acceptance, popularity fastest. Next few years, affected by the policy in 2012 the EU total ban on incandescent light bulbs, estimated market will show significant growth conditions.  compound annual growth rate between the European LED lighting market is expected to reach 38 percent, will be following the Japanese market, a rapidly growing LED lighting under the mature markets. European lighting market development observed in the past, has been a steady growth was sustained performance. Due to the high price of the passenger market, margins are relatively high, the importance of various lighting manufacturers military commander of the land, if you can stand the European lighting market, the region's master orders, product validation, technology and quality, and other fields, has been is the invincible.
From the above data is difficult to find broad prospects in the global LED lighting market It depends on the advantages of LED lights.:
1, small: LED is basically a small chip is encapsulated in epoxy, so it is very small, very light.
2, low power consumption: LED power consumption is very low, in general LED operating voltage is 2-3.6V Operating current is 0.02-0.03A That is to say:.. It consumes less than 0.1W.
3, long life: In the right current and voltage, LED life of up to 100,000 hours
4, high brightness, low heat
5, environmental protection: led street light wholesale is made from non-toxic materials, unlike fluorescent lamps containing mercury can cause pollution, while LED can also be recycled.
6, durable: LED is completely encapsulated in epoxy, which are stronger than light bulbs and fluorescent tubes Light body and no loose parts, these features make the LED can be said to be easily damaged..
However, LED lamps while there are also some disadvantages:
1, the heat problem, if the heat will significantly shorten the life of the poor.
2, the low end of the LED power-saving or lower than energy saving lamps (cold cathode tube, CCFL).
3, higher initial purchase cost.
4, due to a strong directional LED light source, LED lighting design needs to consider the special optical properties.
Even with these shortcomings, the intrinsic characteristics of LED 's decision that it is best to replace the traditional light source, it has a wide range of uses:
Originally used as instruments of LED indication light, then a variety of light-colored LED has been widely used in traffic lights and a large area of ​​the display, resulting in a good economic and social benefits. To 12 inches of red traffic lights , for example, in the United States would have long-life, low-efficiency 140-watt incandescent lamp as a light source, which produces 2000 lumens of white light. The red filter, light loss of 90%, only 200 lumens of red light. In the new design of the lamp, Lumileds company adopted the 18 red led street light wholesale sources, including circuit losses, including a total power consumption of 14 watts to produce the same light effect. LED lights are also important areas of automotive light applications. In 1987, China began installing brake light in the car, because the LED fast response (nanosecond), early and let the driver know that the trailing vehicle driving conditions, reduce the incidence of rear-end accidents. In addition, LED lights on the outdoor red, green, blue full-color display, miniature flashlight key chain and other areas have been applied.

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