New Opportunity and Challenges for LED Lighting Industry

by Sandy T. ECVV Online Marketing

According to Yang Lanfang, the vice secretary general of Lighting R & D and Industry Alliance, the National Development and Reform Commission announced a nationwide ban of 100 watts and above ordinary incandescent lighting. It created enormous opportunities for LED lighting companies. As long as the critical breakthrough price point, LED lighting market will suddenly amplified.

According to McKinsey data, from 2010 to 2016, global LED lighting market share increased by 7% today to more than 40%, to 2020, the income of the LED lighting market will be close to 65 billion euros - in the global lighting market occupy nearly 60% share.

At present, China's semiconductor lighting products market size of more than 200 billion, two or three years will rise to 50 billion -600 billion in size. Mainstream lighting market fluorescent lamps, also known as fluorescent lamps, filled with argon and mercury vapor. Than incandescent energy saving of about 75%, but life is still limited, and generally not more than 10,000 hours. The environmental pollution brought about by the metal mercury in fluorescent lamps is also a serious problem.

Chen Baodong, general manager of Hibernian LED lighting, said the new army of the lighting market LED energy-saving lamps has made good progress in energy consumption, life and environmental protection: a theory of LED lamp life for 100,000 hours, the actual use of not less than 5 million hours; same intensity of light efficiency than fluorescent lights for at least 50% energy saving over;, LED lighting technology by leaps and bounds, only energy consumption, for example, is expected next year, it is relative to the fluorescent energy efficiency can be increased to 70%. To achieve a brightness of 100-watt light bulbs, fluorescent at least 25 watts, LED lights need only 10 watts, not to mention the life of the LED lights fluorescent lamp five times. "Chen Baodong said," a 10-watt LED lamp price about $ 50, whle the same light efficiency fluorescent lamps' price is $ 25. It looks like the price difference half count."

In view of the rapid technological innovation, Chen Baodong forecasts that in next year the equivalent of over 30 watts fluorescent 10 watt LED lamp light efficiency; technological breakthroughs will also be accompanied by a reduction in costs. By then, LED lighting will usher in the explosive growth. LED underwater lamp, LED wall lamp and other indoor and outdoor lighting products will have rapid development.