China's series of LED lighting application promotion measures such as “Ten Cities and Ten Thousand Citiesâ€, the National Development and Reform Commission and the Ministry of Housing and Urban-Rural Development, and the Ministry of Transport jointly conducted bidding for semiconductor lighting products application demonstration projects, as well as the most concerned LED lighting prices in the industry. The subsidy policy is also coming out, indicating that LED lighting fixtures have gradually entered the stage of large-scale application in China.
The industry believes that as the world's most populous country and the fastest growing economy, China's LED lighting applications have huge market potential. However, due to the limitation of consumption level and environmental protection awareness, the promotion of domestic LED lighting applications is still lagging behind that of developed countries. At present, except for Outdoor Lighting such as street lamps and tunnel lights, the level and scale of Indoor Lighting applications with the greatest market potential are still quite limited. .
The huge lighting demand has created a good market prospect for LED lighting. China's lighting demand is huge. The domestic market demand for incandescent lamps and energy-saving lamps reached 1.176 billion and 1.269 billion, respectively. The compound annual growth rate from 2007 to 2012 reached 7.59%, and the market demand for fluorescent lamps was 830 million. The market demand for circular fluorescent lamps is 800 million, and the market demand for tungsten halogen lamps is 755 million. These traditional lighting sources and lamps are the target replacement market for LED lighting fixtures. With the improvement of cost performance, LED lighting fixtures will gradually enter these market areas, bringing huge market development space.
A good lighting industry foundation provides a product supply basis for the application of domestic LED lighting. China's lighting industry has a very strong foundation and is the world's largest producer of lighting sources and lamps. According to the statistics of China Lighting Association, last year, the national output of incandescent lamps was 3.8 billion, and the output of fluorescent lamps was 6.69 billion, including 1.83 billion fluorescent lamps, 1.8 billion circular fluorescent lamps, and 4.43 billion CFLs. Last year, HID lamps were produced 1.74. One hundred million, including 56 million high-pressure mercury lamps, 54 million high-pressure sodium lamps, and 63 million metal halide lamps.
At the same time, the consumption of lighting fixtures in China is mainly provided by domestic manufacturers. The share of imported products in China is less than 5%, and nearly 70% of domestic production is used for export. The good lighting industry foundation not only provides a reliable product supply for the domestic LED lighting market application, but also provides a strong support for the domestic LED lighting industry to improve the cost performance of LED lighting through scale effect.
The industry believes that as the world's most populous country and the fastest growing economy, China's LED lighting applications have huge market potential. However, due to the limitation of consumption level and environmental protection awareness, the promotion of domestic LED lighting applications is still lagging behind that of developed countries. At present, except for Outdoor Lighting such as street lamps and tunnel lights, the level and scale of Indoor Lighting applications with the greatest market potential are still quite limited. .
The huge lighting demand has created a good market prospect for LED lighting. China's lighting demand is huge. The domestic market demand for incandescent lamps and energy-saving lamps reached 1.176 billion and 1.269 billion, respectively. The compound annual growth rate from 2007 to 2012 reached 7.59%, and the market demand for fluorescent lamps was 830 million. The market demand for circular fluorescent lamps is 800 million, and the market demand for tungsten halogen lamps is 755 million. These traditional lighting sources and lamps are the target replacement market for LED lighting fixtures. With the improvement of cost performance, LED lighting fixtures will gradually enter these market areas, bringing huge market development space.
A good lighting industry foundation provides a product supply basis for the application of domestic LED lighting. China's lighting industry has a very strong foundation and is the world's largest producer of lighting sources and lamps. According to the statistics of China Lighting Association, last year, the national output of incandescent lamps was 3.8 billion, and the output of fluorescent lamps was 6.69 billion, including 1.83 billion fluorescent lamps, 1.8 billion circular fluorescent lamps, and 4.43 billion CFLs. Last year, HID lamps were produced 1.74. One hundred million, including 56 million high-pressure mercury lamps, 54 million high-pressure sodium lamps, and 63 million metal halide lamps.
At the same time, the consumption of lighting fixtures in China is mainly provided by domestic manufacturers. The share of imported products in China is less than 5%, and nearly 70% of domestic production is used for export. The good lighting industry foundation not only provides a reliable product supply for the domestic LED lighting market application, but also provides a strong support for the domestic LED lighting industry to improve the cost performance of LED lighting through scale effect.
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