Global market research firm ,Trend Force 's Green Energy Division, LED inside 's latest report showed, LED outdoor lighting has entered a mature market , the global market for outdoor LED lighting shipments and market size will grow rapidly. LED inside's analyst, Wang Ting said :" Pros "LED streetlight solution after years of continuous innovation and improvement matures, many cities in the world , after full validation of early pilot installation of LED lighting energy saving, long life , LED lights Price also dropped to a level closer to the traditional lamps , 2014 ~ 2017 , LED outdoor lighting not only shipments up rapidly, the market size will remain above 20% compound annual growth rate . "In the North American market, by the end of 2013, a total of more than 600 U.S. cities have or are planning to install LED lights, such as Los Angeles, install 142000 , Seattle, install 41,000 , Las Vegas installed 40000 , Boston City to install 32,000 . New York City has plans to replace the city's 250,000 streetlights in 2017 , after the city 's business district will be replaced with LED decorative lighting fixtures , this will be North America 's largest LED lights facelift plan. In addition, the majority of Canadian provinces are actively planning or carrying LED lights facelift facelift incentive plan. North American manufacturer of outdoor lighting market with the added gradually mature, competitive strategies manufacturers mainly in providing cost-effective products , pay more attention to environmental factors, as well as to meet the needs of high-end professional . For example Cree can replace 100W HPS launch price of $ 99 LED lights , is not sufficient to meet the budget needs of municipalities facelift . In addition , as consumers demand more from halogen and incandescent lamps to energy saving and longer life of the LED product transition , such as first-tier manufacturers such as Osram and GE have streamlined the traditional lighting business , will focus on LED products focus on products and solutions . Overall it seems , LED inside said that in North America, China , Europe is still the main outdoor lighting needs of the region , but by the impact of budget cuts and high permeability to push the growth rate to slow the trend has now. The Latin American market developed late, usher in the next World Cup in Brazil , such as the Olympic Games to promote the two events , outdoor lighting market will usher in a period of rapid move up . |
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LED Outdoor Lighting Market Tends To Be Mature