2015 LED lighting market forecast: is expected to reach $75 billion

LED lighting industry concentration gradually increased, the basic establishment of industrial clusters, a number of leading enterprises significantly enhance the competitiveness. R & D platform and standards, testing, certification system to further improve.

Development and Reform Commission recently issued the semiconductor lighting energy saving industry plan, by 2015, the key equipment and important raw materials to achieve localization of semiconductor lighting industry, major technology breakthroughs. High end application products reach the international advanced level, energy saving effect is more obvious.

2015 LED lighting market forecast: is expected to reach $75 billion

LED lighting industry concentration gradually increased, the basic establishment of industrial clusters, a number of leading enterprises significantly enhance the competitiveness. R & D platform and standards, testing, certification system to further improve. By 2015, 60W more than ordinary incandescent lighting are all eliminated, the market share will drop to below 10%; energy-saving lamps and other traditional energy efficient lighting products market share stable at around 70%; LED functional lighting products market share of more than 20%.

According to statistics, in recent years, the annual growth rate of global LED lighting energy saving industry output remained above 20%. By 2020 the global lighting market will be more than 150 billion U.S. dollars, LED lighting market is expected to reach $75 billion, accounting for the global lighting market share of 50%.