What is the development of the lighting industry? How big is the market? Let us speak with data.
At the 27th National Conference on Lighting Materials and LED Lighting Accessories held in September, Chen Yan, President of the China Lighting Association, stated in the theme report “Current Situation and Trend of Electric Light Source Industryâ€: “Global in 2009 The sales of electric light sources amounted to about 30.9 billion U.S. dollars, and the lamps and lanterns totaled 96 billion U.S. dollars, all adding up to about 130 billion U.S. dollars. According to the growth rate of electric light sources of 4.5% and the growth rate of lamps and lanterns of 5.8%, the total sales of electric light sources in 2010 were about The total sales of global lighting products should be US$134 billion, with US$32.3 billion and lighting fixtures of US$102 billion. China’s sales last year were 300 billion yuan, so it seems that the share of China’s lighting products in the world should be three. One-half or so."
According to Strategies Unlimited, the LED lighting market in 2010 was US$5 billion, of which 21% were replacement lamps and the rest were lamps. The global street lamp market in 2010 was US$327 million. According to Strategies Unlimited, the compound annual growth rate of the lamps and lanterns category will be 17% from 2010 to 2015, and the replacement lamp market will have an impressive 59% growth. The sales of street lighting, tunnel lights, and regional lighting including parking lot lights, low ceiling lights, floodlights, and wall lights will increase at a compound annual growth rate of 26%, and the overall LED lighting market will grow by about 30%. (CAGR:2010-2015).
Research department LEDinside estimates that the overall market size of the global lighting market (including traditional lighting and LED lighting) has reached 79.3 billion US dollars in 2010 (excluding the automotive lighting market), and the overall market size of lighting markets in Europe and North America is about 40 billion US dollars. China is about 12.2 billion U.S. dollars.
According to the IEK data from the Taiwan Industrial Technology Research Institute, the global LED replacement light source (based on LED light bulbs) will have an output value (market size) of approximately US$1.08 billion in 2010 and is expected to reach US$2.2 billion in 2011. The annual growth rate is 100%. In 2014, it will challenge the scale of 10 billion U.S. dollars.
According to the McKinsey & Company report, the global LED lighting market is expected to grow from 7 billion euros in 2010 to 40 billion euros in 2016, with a compound annual growth rate of 34%. Subsequently, the growth rate will slow down and the compound annual growth rate will drop to 13% by 2020. The global lighting market is expected to reach 110 billion euros in 2020 - equivalent to the global TV market. By 2020, LED lighting market revenue will be close to 650 billion euros - accounting for nearly 60% of the global lighting market share.
IMS Research Report: In 2010, China accounted for 14% of the global lighting market. By 2015, this ratio is expected to increase to 20%. At present, LED lighting accounts for 10% of the global lighting market, and by 2015, the proportion is expected to increase to 46%.
According to a report from DisplaySearch, lighting will gradually become a mainstream LED application, and it is estimated that the usage volume in 2011 will grow by 20% compared with 2010. In 2010, LED backlighting and lighting revenue totaled US$7.2 billion, and this number is expected to reach US$12.7 billion in 2014. In the second quarter of 2011, LED lighting revenue totaled 3.2 billion U.S. dollars, and it is expected to grow rapidly to 3.4 billion U.S. dollars in the third quarter. In 2011, China will become the largest LED street lamp market, accounting for 55% of the world's market share. In 2011, Japan is the world's largest LED bulb market with a market share of 63%, but it will be reduced to 40% in 2014. South Korea is the world's largest LED supplier in 2010, but Taiwan will replace it after 2011.
According to forecasts of the Electronicast Market Research Institute, the output value of LED general lighting in Latin America will reach 345 million U.S. dollars in 2015, with an average annual growth rate of 42.5%. In 2010, the output value was 59.48 million US dollars.
According to a report by DIGITIMES Research, the size of the Korean LED lighting market is expected to grow from KRW 954.8 billion (approximately US$900 million) in 2010 to 1.56 trillion won in 2012, and it is expected to grow to 8.7 trillion in 2015 and 2020 respectively. Won and Won 35.5 trillion, according to the use of another point of view, before 2014, South Korea's LED interior lighting market will be larger than the LED outdoor lighting, but with LED lighting gradually overcome the technical problems of outdoor use, the 2015 Korean LED outdoor lighting market is expected to scale 3.88 trillion won over 3.88 trillion won.
At present, China has become the world's largest producer of lighting appliances and the second largest exporter of lighting appliances.
At the 27th National Conference on Lighting Materials and LED Lighting Accessories held in September, Chen Yan, President of the China Lighting Association, stated in the theme report “Current Situation and Trend of Electric Light Source Industryâ€: “Global in 2009 The sales of electric light sources amounted to about 30.9 billion U.S. dollars, and the lamps and lanterns totaled 96 billion U.S. dollars, all adding up to about 130 billion U.S. dollars. According to the growth rate of electric light sources of 4.5% and the growth rate of lamps and lanterns of 5.8%, the total sales of electric light sources in 2010 were about The total sales of global lighting products should be US$134 billion, with US$32.3 billion and lighting fixtures of US$102 billion. China’s sales last year were 300 billion yuan, so it seems that the share of China’s lighting products in the world should be three. One-half or so."
According to Strategies Unlimited, the LED lighting market in 2010 was US$5 billion, of which 21% were replacement lamps and the rest were lamps. The global street lamp market in 2010 was US$327 million. According to Strategies Unlimited, the compound annual growth rate of the lamps and lanterns category will be 17% from 2010 to 2015, and the replacement lamp market will have an impressive 59% growth. The sales of street lighting, tunnel lights, and regional lighting including parking lot lights, low ceiling lights, floodlights, and wall lights will increase at a compound annual growth rate of 26%, and the overall LED lighting market will grow by about 30%. (CAGR:2010-2015).
Research department LEDinside estimates that the overall market size of the global lighting market (including traditional lighting and LED lighting) has reached 79.3 billion US dollars in 2010 (excluding the automotive lighting market), and the overall market size of lighting markets in Europe and North America is about 40 billion US dollars. China is about 12.2 billion U.S. dollars.
According to the IEK data from the Taiwan Industrial Technology Research Institute, the global LED replacement light source (based on LED light bulbs) will have an output value (market size) of approximately US$1.08 billion in 2010 and is expected to reach US$2.2 billion in 2011. The annual growth rate is 100%. In 2014, it will challenge the scale of 10 billion U.S. dollars.
According to the McKinsey & Company report, the global LED lighting market is expected to grow from 7 billion euros in 2010 to 40 billion euros in 2016, with a compound annual growth rate of 34%. Subsequently, the growth rate will slow down and the compound annual growth rate will drop to 13% by 2020. The global lighting market is expected to reach 110 billion euros in 2020 - equivalent to the global TV market. By 2020, LED lighting market revenue will be close to 650 billion euros - accounting for nearly 60% of the global lighting market share.
IMS Research Report: In 2010, China accounted for 14% of the global lighting market. By 2015, this ratio is expected to increase to 20%. At present, LED lighting accounts for 10% of the global lighting market, and by 2015, the proportion is expected to increase to 46%.
According to a report from DisplaySearch, lighting will gradually become a mainstream LED application, and it is estimated that the usage volume in 2011 will grow by 20% compared with 2010. In 2010, LED backlighting and lighting revenue totaled US$7.2 billion, and this number is expected to reach US$12.7 billion in 2014. In the second quarter of 2011, LED lighting revenue totaled 3.2 billion U.S. dollars, and it is expected to grow rapidly to 3.4 billion U.S. dollars in the third quarter. In 2011, China will become the largest LED street lamp market, accounting for 55% of the world's market share. In 2011, Japan is the world's largest LED bulb market with a market share of 63%, but it will be reduced to 40% in 2014. South Korea is the world's largest LED supplier in 2010, but Taiwan will replace it after 2011.
According to forecasts of the Electronicast Market Research Institute, the output value of LED general lighting in Latin America will reach 345 million U.S. dollars in 2015, with an average annual growth rate of 42.5%. In 2010, the output value was 59.48 million US dollars.
According to a report by DIGITIMES Research, the size of the Korean LED lighting market is expected to grow from KRW 954.8 billion (approximately US$900 million) in 2010 to 1.56 trillion won in 2012, and it is expected to grow to 8.7 trillion in 2015 and 2020 respectively. Won and Won 35.5 trillion, according to the use of another point of view, before 2014, South Korea's LED interior lighting market will be larger than the LED outdoor lighting, but with LED lighting gradually overcome the technical problems of outdoor use, the 2015 Korean LED outdoor lighting market is expected to scale 3.88 trillion won over 3.88 trillion won.
At present, China has become the world's largest producer of lighting appliances and the second largest exporter of lighting appliances.
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