2013年10月11日星期五

the fastest penetration rate tends to be partial lighting applications

More businesses are switching to LED lighting products, due to the Chinese government’s promotional policies and lighting consumption costs. According to an industry source, China’s domestic LED tube shipment growth rate soared above 100% in 2013. In the next five years, growth rates of LED tube lights will be above 33%, and market sales growth rate will be more than 20%. LED tube light sales market is projected to reach RMB 44.5 billion in 2017.

According to industry experts, there are different LED lighting products and market penetration rate levels. These levels are classified according to user’s price sensitivity and power urgency. In general, lighting application markets can be further divided into long period factory lighting, while commercial lighting demands usually take off first. The sector with the fastest penetration rate tends to be partial lighting applications, and eventually leads to residential lighting demands.


China’s six government agencies including NDRC, Ministry of Science and Technology, Ministry of Industry and Information Technology jointly announced a “LED energy saving industry plan” in early 2013. The plan requires the LED lighting and energy-saving industry market value to reach an Year-On-Year (YOY) growth rate of about 30%, and reach RMB 450 billion by 2015. Out of these, LED lighting application products market value needs to reach RMB 180 billion. The launch of this project will no doubt become a lamp that lights up the path ahead for the LED lighting industry.

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