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Joint Peace Lighting Co., Limited

ADD:No.4, Lane9, Tongpai East,Tianan Park Bantian,Longgang District´╝îShenzhen China 518129.

Contact:Annie (Sales Director)




LED Lighting Will Dominate a Quarter of the Global Lighting Market in 2017

According to the latest industry report, thanks to vendor capacity expansion, LED price decline, environmental considerations and government subsidies, LED lighting demand is rapidly increasing.
LED lighting demand would rise to 33 million in 2013 compared with 2012, and LED purchase will become the three times longer in 2017. Spotlights, LED lamps, street lamps, LED light bulbs and strip lights, all LED lighting products demand will reach 90 million in 2017, the permeability will increase to 26%, which is only 5% in 2012. Commercial lighting's continued growth, the implementation of government subsidies, and consumer demand for energy-saving products are the main reasons for improving LED permeability.
"Government subsidies and the consumer demand of high-tech efficiency light source of LED products make LED lighting industry become the dominant role." An analyst of one search agent said, "As more and more consumers choose more efficient LED lighting to replace traditional lights, the LED demand growth will be even more severe in the next three years." In addition, Japan led light bulb supplier is one of the biggest LED lighting markets since 2011, predicts Japan leading position will be kept until 2017. The LED bulbs, spotlights, fluorescent lamps and LED lamps and lanterns are the main drivers.
From 2012 to 2017, the growth of LED lighting in the Chinese market will be more than other regions. Government subsidies, such as the 12th Five-Year Plan has driven the demand of LED street lights. North American and European demand for LED lighting applications will also be improved, especially the demand for the China tube led light.