Global LED Lighting Permeability is Expected to Increase Greatly In 2014

According to the global market research institutions TrendForce LEDinside's green can cause place according to the report, the global market penetration of LED lighting is rapidly increasing, LED lighting output value will reach $2014 in 17.8 billion, the overall LED lighting product shipped quantity of 1.32 billion only, grow from 2013, 68.
LEDinside said global LED lighting products to replace tide from the rapid decline in price, of which the most alternative light source products, the ball bubble lights and tubes is one of the most welcomed by the market to replace light source type, respectively 25 LED lighting products and 38, 2013. In addition, one-piece type of LED lighting products in the future demand will rise gradually, especially the combination of intelligent lighting application products, so the proportion of LED lighting products in 2014 is expected to is expected to increase year by year.
Various regions of the LED lighting market, the government of the north American market for LED lighting support is gradually increased, the United States energy star (EnergyStar) plan for lighting products such as subsidies to the rapid growth of the number of LED lighting products prices down further.CREE and other makers are bullish on the LED lighting market development in 2014, and replace the lighting product sales growth is expected to become the next focus.LEDinside, according to the 2014 north American consumption growth rate is expected to reach 72 LED lighting products.
In addition, in Latin American countries such as Brazil, LED lighting market is presents the fast growth, consumption growth rate reached 64, estimates that LED lighting products especially LED commercial market the most significant growth.Belongs to the mature markets of Europe, although did not see massive subsidies, but its high price and the differences of culture, light makes the commercial lighting and outdoor lighting construction situation continued application requirements, the next few years as the incandescent light bulb ban policy affect the fermentation, forecasts the market will continue to present a stable growth momentum, in 2014 LED lighting product consumption growth rate is expected to reach 69.
In the Chinese market, not only LED manufacturers active layout of LED light source in emerging markets, with the advantage of brand and pipes of traditional lighting manufacturers also positively take the way of network and store both extend LED lighting business, the Chinese government is trying to through the subsidy policy, play an active role to promote the development of LED industry, and resolve because excessive upstream device subsidy leads to overcapacity and business failures.LEDinside estimates China LED lighting products consumption growth rate will reach 86 next year.