2016 global LED lighting market share will reach 34.64 billion US dollars

DIGITIMES Research estimates that the global LED lighting market will reach US$34.64 billion in 2016, and the penetration rate will be 31.3%, which is 4.1% higher than 2015. Among them, the penetration rate of LED bulbs and spotlights will exceed 28% and 30%, and the LED tube will be 17.3%. It is expected that the proportion of LED street lamps will be 15.7%.

2016 global LED lighting market share will reach 34.64 billion US dollars

DIGITIMES Research expects global LED lighting market to reach US$34.64 billion in 2016

DIGITIMES Research also predicts that LED lamps with luminous efficacy of 100 lm/W and above will become popular specifications in 2016. The proportion will reach 52.5% in 2016, and there will be cheap products on the channel. The price of 4 ton T8 LED lamps in domestic brands is at Below RMB 10, the average price of Philips in the US Home Depot channel is US$8.99. DIGITIMES Research estimates that LED products will be out of the year due to the increasing popularity of high-profile products and the decline of ASP by 37.6% in 2016. The cargo volume will be 690 million, and the annual growth rate will reach 45.9%.

The original spotlights of LED spotlights are higher, and the lighting manufacturers will increase the proportion of such products in the future in order to avoid the Red Sea market (such as LED bulbs and low-cost LED tubes). It is worth noting that the networked lighting control system has gradually become the design of the commercial lighting field, and the growth rate will be higher than that of the LED lighting in the future. In the future, the LED spotlight will be combined with the "system and service", and the penetration rate is expected to break through in 2016. 30%.

In terms of LED street lights, as many areas have started multi-year reloading plans, the number of installations in the country where LED street lamps were implemented earlier has not changed much. In contrast, LED street lights have significantly increased growth areas. Urban roads, and emerging countries that are beginning to implement LED lighting projects, are expected to have 10.4 million LED street lights in 2016, which will grow 13.5% from 2015.

5.20th Shenzhen Convention and Exhibition Center·Peony Hall will usher in the 3rd China LED Intelligent Lighting Innovation Application Summit Forum] core technology solutions and market analysis.

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