LED Lighting Has Become a Mainstream Choice
Posted: 11/18/2015 11:11:27   Edited: 03/29/2016 04:03:56  Clicks: 925
High cost has long been the obstacle of LED's development, however LED is the mainstream choice while vigorously promoted energy-saving lamps have become out products. In a survey among incandescent lamp, energy-saving lamps and LED lights, LED lights is thought to be the highest cost performance choice and is gradually accepted by people
 
Forward-looking strategic planning and investment analysis report of China's LED industry market from 2015 to 2020 released by Forward-looking industry institute shows that the growth of LED bulbs in the lighting market can be roughly divided into three stages in general: before 2013, incandescent lamp, fluorescent lamp and energy-saving lamp were the main light source of the light bulb lighting, and LED, with a little high price, was at the demonstration stage, mainly replacing incandescent lamp. As global policy of forbidding the production and use of incandescent carried out from 2012 to 2014, incandescent light gradually disappeared in the market of 2012. At this stage, the energy-saving lamp market came to growth period. At the same time, the cost of LED bulbs is declining. As more and more manufacturers stepped into LED market, its price will decline faster and the outbreak of LED market is also likely to be 1 to 2 years in advance.
  
As the present situation shows, the light source efficiency can be up to more than 220 lm/w, and the terminal market price of lighting products have been declining. The product price of Osram, Cree, etc. has reduced to near $10 and the same brand price is about $5. Considering the great difference of service life, and the actual use-cost of LED lamps is cheaper than that of ordinary energy-saving lamps. As the cost performance of LED lamps has surpassed that of energy-saving lamps, LED light will gradually become the mainstream of the market.
 
From the perspective of the price of LED end products, the cost performance of domestic LED lamps has great competitive advantage. As is expected, benefiting from the incandescent light bulb ban and cost performance improvement of LED lighting products, LED lighting market is likely to achieve 28.5% growth in 2015, and domestic growth is expected to exceed 40%,and the boom of industry will continue. But China's LED industry still faces serious problems: first, there are numerous enterprises and it is hard for small and medium-sized enterprises to finance; Second, serious product homogeneity and the quality cannot be guaranteed; the third is poor industry standard and the lacking of core intellectual property rights. Therefore, in order to improve the international competitiveness of China's LED enterprises and promote rapid, orderly and healthy development.
 
 LED Lighting Has Become a Mainstream Choice

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