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As the price of LED lighting continues to fall and the number of scales expands rapidly, Lin Zhixun, head of the Energy Research Group of the Industrial Economics and Trends Research Center of the Industrial Technology Research Institute, pointed out that the global LED lighting market will maintain a growth rate of 30 in 2013, and the global growth rate should be 2020. LED lighting output value is 65.8 billion US dollars.
Lin Zhixun said that the key market for LED lighting development in the future lies in the mainland, Europe, and the United States, but it must also pay attention to non-tariff trade barriers such as relevant standards, norms, energy efficiency requirements, and local protectionism. The Asian region is currently the main sales area for LED lighting in the world and the largest application area for LED lighting. In 2011, the market share reached 40. Mainly due to government support, high economic growth, and frequent construction activities. Among them, the Japanese market is the most active in promoting LED lighting applications. In 2011, the size of the LED replacement lighting market in Japan reached US$952 million. It is estimated that the market size in 2012 will reach US$1.23 billion.
In terms of individual application markets, the penetration rate of LED lighting in the architectural lighting market in 2012 was as high as 56, but it also slowed down due to the maturity of the market. Outdoor lighting is benefiting from the government's need to create market demand, making LED lighting applications grow slowly. In 2012, the penetration rate of LED lighting in industrial lighting applications was only about 6.
The application of LED lighting in commercial lighting is gradually changed from the early functional lighting to the main lighting application. Because of the high turnover rate and long-term use of commercial lighting, the LED lighting penetration rate and the market scale increase simultaneously. In 2012, LED lighting was The penetration rate of the commercial lighting market has reached 15.
Residential is the largest application market for global lighting. LED lighting quickly cuts into the residential lighting market and replaces traditional light bulbs. However, due to the high sensitivity of consumers to prices, the penetration rate of LED lighting in the residential lighting market in 2012 is about 13. Still to be improved.
Office lighting is demanding energy-saving. LED lighting is the main requirement to replace traditional fluorescent tubes and cut into the office lighting market. However, LED lamps must also face the price competition of T5 fluorescent tubes. Therefore, the penetration rate in 2012 is only about 11, there is also a lot of room for growth.