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Home > Articles > English > LED News > In 2014 the global LED lighting output will rise by 68% up to $ 17.8 billion

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In 2014 the global LED lighting output will rise by 68% up to $ 17.8 billion
From: The Site Author: LIGHTUP LED DateTime: 2013-11-18

 In 2014 the global LED lighting output will rise by 68% up to $ 17.8 billion

 

According to global market research firm TrendForce 's Green Energy Division Silver Member LEDinside latest market report that the global LED lighting market penetration is rapidly improving , 2014 LED lighting output value will reach $ 17.8 billion , the overall number of shipments of LED lighting products 1.32 billion pcs , compared with 2013 growth of 68%.

 

LEDinside said that the global LED lighting products replace the tide from the rapid price decrease , of which the most obvious alternative source products , bulb and lamp are most welcomed by the market replacement lamp types, accounting for 2013 of LED lighting products 38% and 25%. In addition, the integrated LED lighting product types future demand will gradually rise , especially in conjunction with intelligent lighting applications products, it is expected that in 2014 the proportion of LED lighting products will be expected to increase year by year .

 

 

  In 2014 the global LED lighting output will rise by 68% up to $ 17.8 billion

 

 

 

Among the regional markets LED lighting , LED lighting for the North American market to support government efforts are gradually increasing, the U.S. Energy Star (Energy Star) subsidy schemes for lighting products has grown rapidly , prompting further reduce the price of LED lighting products . CREE and other manufacturers are optimistic about the development of LED lighting market in 2014 , and is expected to replace the volume growth of lighting products will become the next focus . LEDinside data show that in 2014 the amount of LED lighting products in North America is expected to reach 72% growth rate .

 

Latin American countries show rapid growth, growth rate reached 64%

 

In other Latin American countries such as Brazil , LED lighting market is showing rapid growth , with an estimated growth rate of consumption of LED lighting products reached 64 %, especially LED grow the most significant commercial market . Belong to the mature markets of Europe , although did not see the massive subsidies, but its high price and the light of cultural differences , making situational commercial lighting and outdoor architectural lighting applications demand persists , the next few years as the incandescent light bulb ban policies affect the fermentation , estimated the market will continue to show steady growth trend, in 2014 the growth rate of consumption of LED lighting products is expected to reach 69%.

 

China's growth rate will reach 86%

 

In the Chinese market, not only emerging LED lighting market, LED manufacturers active layout , with the brand and advantages of the traditional lighting pipe manufacturers also take active networks and two-pronged approach to expand the store LED lighting business , the Chinese government is trying to pass subsidy policy, play active role to promote the development of LED industry , while the upstream device to resolve because of excessive subsidies lead to overcapacity and business failures problem . LEDinside estimate the amount of LED lighting products China next year growth rate will reach 86%

 

 


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