Molybdenum News Center

Global LED Lighting Market Spring Sprout speed The Process Towards Universal

With the global "no white" effect brought about significant growth potential LED market demand , coupled with falling commodity prices , LED lighting towards the popularization process is at an unprecedented rate to before the move .

According to information revealed in the exhibition , in 2014 , Japan will continue to maintain 25.6 percent share of the global LED market , LED lighting is the largest market in North America to occupy LED23.1% global market share ranked second ; between the EU and China , respectively to 20.3% and 16 % market share followed.

As the field of industrial power LED , and promote the role of Japan in promoting the world's LED industry development process should not be overlooked , especially after the earthquake in Japan occurred in 2011 , forced saving pressure, the Japanese early in 2012 the full implementation of the incandescent ban , brought rapid growth in the LED industry objectively . 2012 Japanese LED bulb light bulb sales ratio of the total 42.3% over incandescent lamps.

In fact, the earlier focus on energy efficiency issues in the EU , for "no white" has already begun . As early as in 2009 and 2010 , the EU began 100W and 75W incandescent moratorium respectively , while the worldwide moratorium from the beginning of 2014 for the 60W incandescent lamp , as early as two years ago, had in 2012 the EU .

However , because of the EU and Japan were walking in the forefront of the market alternative light source , the pace of its energy market to develop early in the North American market are appropriate , so in January 1, 2014 , the U.S. government announced a " ban white ", the North American market is now becoming a hot new industry growth . Authoritative market research agency research shows that the current focus on the early part of the export Japan, Europe and the companies have fought in the North American market .

Data show that in 2013 the U.S. market new products in LED lighting accounts for only about 10 % in 2014 but is expected to reach 25 percent in 2015 to reach 50% even more . Thus, the 2014-2015 U.S. LED lighting market compound growth rate will remain at 268% level , the relevant transaction amount will be as high as $ 11.7 billion .

Analysts pointed out that the overall stability of the global lighting market pattern , the U.S. market is showing strong growth momentum , and quickly passed to the global LED market .

In addition, the LED in emerging markets such as Brazil , India, Vietnam, Russia and other countries, the demand for LED lighting products market is showing a clear upward momentum of rapid growth , the relevant departments have also introduced a variety of planning and draft , enabling LED lighting industry development.


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