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LED Industrial Lighting Market Has Strong Growth

According to Green's career at TrendForce, LEDinside's latest report shows that industrial lighting in the lighting industry is vital, especially replaceable lighting products (general store LED bulbs and lamp, etc.) have fierce price competition, so more and more LED manufacturers hope to cross the industrial lighting to enhance profitability. LEDinside estimated in 2015 global LED industrial lighting market will reach 2.366 billion dollars, in 2018 to 3.935 billion dollars then.LEDinside research assistant manager, said Wu Ying Jie, LED energy-saving effect allows industrial lighting under prolonged use, cost-recovery ratio of household lighting competitive, more adequate incentive for industry to replace LED Bay Light products. In addition, to further reduce LED lighting products to enhance the performance and price, coupled with industrial lighting products, profits will be more effective, industrial lighting market will be the focus of 2015-2016 LED packaging and lighting manufacturers compete. LED bay light fixtures for the largest proportion of species, which is divided into mining and general use with (ie, indoor and outdoor spaces for storage, sports venues, etc.), in the development of industrial lighting market as a major center of gravity. Due to the use of LED light source, no warm-up time, you can instantly spot off, plus long product life are also savings in maintenance costs, longer than HID lamps use more substantial savings in electricity bills. With the upgrading of LED technology and cooling capacity, 80W-250W LED High Bay Light products for the mainstream market, the luminous flux of about 10,000lm-30,000lm, illumination about 275-300lux. Because the product is not yet fully entered the patio lights standardized products, pricing strategies will vary depending on product specifications and region. Chinese manufacturers of products where prices are low and fewer product specifications, so the pricing is more fixed price fluctuation.The main industrial lighting leaders including US GE Lighting, CREE, Cooper Lighting; Japan Iwasaki Electric, Toshiba and China Ocean King has a good performance in recent years. CREE launched super power LED light source, reducing costs while also making the structure more simple product design; GE light sources are modular and stressed the thermal design, product life of up to 100,000 hours.
 

    
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