TrendForce's research department, LEDinside points out that LED lighting market in Europe has rapid development, it is because Europe's people'concepts of environmental protection and energy saving, another important factor is the incentive for energy-saving products from high electricity prices in Europe . High price is a very important power for the LED lighting. LEDinside has very high expectations in LED commercial lighting. LEDinside estimates that the price of LED lighting in 2012 will have a rapid decline, it is estimated LED commercial lighting market in Europe in 2015 will grow to $ 1.9 billion, compared to 2011 there will be seven times growth.LEDinside pointed out that for outdoor lighting or commercial lighting with higher power consumption,LED light source will be able to save additional costs.High electricity price can be one important factor that prompts the European LED lighting progress after Japan.People could easily purchase bulb and candle light lower 10W LED in the major European supermarkets and retail stores , but generally speaking,LED residential lighting market is not yet universal.LED lighting prices are still much higher than traditional light fixtures, plus the LED bulb emitting angle of the restrictions can not replace traditional light sources. |
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European LED Commercial Lighting Market Will Be Up To $ 1.9