China outdoor LED lighting market shrinking?

Abstract: Although China has installed a lot of outdoor lighting, but because of quality problems, in 2011 China outdoor LED lighting market is shrinking. And North America, the U.S. Department of Energy, U.S. cities and the American Association of solid-state lighting, street lighting design associations of joint efforts, the quality of people's increasing awareness of and promote the traditional lighting to LED technology transition.

 

According to market research firm Strategies Unlimited's recently released "and the large outdoor space with LED lighting market analysis and forecasts," reports the United States in the field of LED outdoor lighting has a leading position.

The report concluded that, although China has installed a lot of outdoor lighting, but because of quality problems, in 2011 China outdoor LED lighting market is shrinking. And North America, the U.S. Department of Energy, U.S. cities and the American Association of solid-state lighting, street lighting design associations of joint efforts, the quality of people's increasing awareness of and promote the traditional lighting to LED technology transition.

Since the fourth quarter of 2010 LED package prices have dropped by 20-25%, Strategies Unlimited also predicted the average price of outdoor lighting will continue to decline in 2011, and this trend is likely to continue and accelerate in 2012. Although from 2010 to 2015, shipments of LED lighting at a compound annual growth rate (CAGR) is expected to be 26%, but due to the reduction in prices, income at a compound annual growth rate is expected to be only 11% by 2015 revenue is expected to will reach $ 544 billion.

Jingdian、 Everlight are work hard to promote LED bulb

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On 23th, in a symposium of taiwan balance industry development and enviromental protection related legislation and environmental protection agenda, Li bingjie, president of jingdian corporation, and Ye yanfu, president of Everlight Electronic Co.,Ltd. emphasied that with the increading need for electricity power, current generate method not fully meet the environment protection requirement, “to save electricity is better than to generate power”, you can achieve power consumption saving as long as change a LED light bulb. They said.  

Mr. Li said we can clear see LED energy saving benefit better than generate when comparing solar power generate efficiency 15 degree/ dollar with LED energy saving benefit 83 degree/ dollar.