According to a new report released PikeResearch: the next 10 years, LED lighting systems will rapidly increase sales, especially after a sharp acceleration in 2015. LED lamps and fixtures from 2011 shipments of 6,600 ten thousand to 542 million by 2021, an increase of over 700%.
Asia-Pacific region for many customers, the product is a cost-saving lighting options, but the cost is caused by higher than traditional lighting products, energy efficiency and performance. Thus, in developed countries such as Japan and Korea, customers increasing demand for LED products. In addition, regional and national government also launched a series of programs to promote the development of LED lighting, these programs will become the next decade to promote China LED lighting market is the main driver of progress. According to a new report released PikeResearch the next 10 years, LED lighting systems will rapidly increase sales, especially after a sharp acceleration in 2015. LED lamps and fixtures from 2011 shipments of 6,600 ten thousand to 542 million by 2021, an increase of over 700%.
PikeResearch also found that, over the same period almost all other types of lighting products sales will decline, including incandescent lamps, T8/T5, and compact fluorescent lamps.
AndyBae senior analyst, said: 'high cost and lack of consumer awareness of the Asia-Pacific region is still a major factor in the development of the LED market, but recent news media coverage of the news of the price decline, the Asia Pacific region have also been lighting manufacturers to expand product line to meet market demand. '
Asia-Pacific region some countries the market has been a pioneer in energy-efficient lighting systems. Japan 10 years ago, revealed through the '21st Century Lighting Plan' to lead the LED lighting industry, and soon launched a number of LED subsidies and support programs. Taiwan set up a 'next-generation light source technology development and supply strategy', to promote people and materials to enhance the production of LED lighting applications, reducing the traditional semiconductor business investment.
Meanwhile, China has to develop LED lighting market. For example, the next decade, Shenzhen plans to more than 90% of the public lighting applications, street lighting and commercial establishments to install China LED Gadgets.
PikeResearch report describes the promotion of LED and other energy-efficient lighting products in the Asia Pacific commercial, industrial and outdoor applications in the field of major technology and market trends. The report analyzes the LED and energy-efficient lighting-related policies, the main national market trends, technology trends and competitive landscape.