Construction and commercial lighting will enhance the global LED lighting market size

Future energy saving and environmental protection and consumer trends, such as the impact of the development of LED lighting applications come into focus. According to China's Taiwan region "Industrial Technology Research Institute" IEK research pointed out that in 2007 the global LED lighting market is about $330 million, based market is smaller, but with the decreasing cost and improve the efficiency of LED, LED lighting commercialization will speed up the pace, estimated that by 2011 the global LED lighting market will grow to 1 billion 400 million dollars, including building lighting and commercial lighting will lead to become the main market. Currently on the market LED lighting product quality varies greatly, and the product itself in the heat, color, standards, business models and other aspects still have to be overcome.

"Pointed out that the Institute research statistics, the global lighting market by 2011 will grow to $132 billion, one of North America remains the world's largest regional electricity consumption, but European countries for lighting demand growth will slow down, including Chinese and Asia and Africa and other emerging countries demand will be popular in the new building needs, promote, and outdoor lighting power the increased use of power driven by rapid growth. Among them, the lighting market size of $25 billion 400 million, lighting equipment / device market size of $106 billion 600 million. Commercial lighting lighting market accounted for the total global consumption of 43%, the highest proportion, including retail, office building, warehouse use, education building, health care and other applications of electricity consumption in total commercial lighting market 70%.

At present, the proportion of LED lighting in the global lighting market is still low, in 2007 the global LED lighting market size of about $330 million, compared with the year of 2006, the annual growth rate of 60%, rapid growth. Coupled with a small variety of market demand, it is still a basic market. The Institute believes that with the average cost of LED decreased gradually, plus the school can continue to improve, LED lighting commercialization will also accelerate the pace of. Among them, at this stage accounted for the largest application area of LED lighting for the construction of landscape lighting, accounting for the global LED lighting market ratio of 45%. Due to the luminous flux and luminous efficiency of white LED, including garden lights, searchlights, step lights, balcony lights, etc. the rate is growing rapidly, especially in China as the largest application market, the ratio reached 36%. The Institute estimates that the LED architectural landscape lighting applications market will grow to $470 million by 2011, a compound annual growth rate of 38%, accounting for the proportion of overall LED lighting market will reach 50%.

Retail display lighting is also a growing area of LED applications. The Institute said that although the 2006 retail display lighting applications accounted for only 3% of the global LED lighting market, the market size of only $6 million 500 thousand, but with the show the importance of the space lighting application and integration of the characteristics of the product gradually increase, is expected to retail display lighting applications in the next few years will be rapid growth, by 2011 the global LED market is expected to scale retail display lighting applications up to $144 million, accounting for the proportion of the global LED lighting market will increase to 10%. From 2006 to 2011 the compound growth rate will reach 68%.

Consumer handheld lighting currently accounts for 15% of the global LED lighting market. The main application of goods including a flashlight, reading lamp, miner's lamp and so on, which in terms of professional use and special field flashlight, LED penetration rate of 30%, is the main reason in the special professional flashlight field, the market price sensitivity is lower than the general consumption. The future is expected to be the key to the overall growth rate of LED flashlight, will remain in the reliability of the product itself and the price. The Institute estimates that the LED consumer handheld lighting products market size in 2011 will grow to $99 million, a compound annual growth rate from 2006 to 2011 27%.

As for the current global LED lighting market is more than 17% of the font lamp / contour lighting applications, the expected growth will be lower than the architectural landscape, retail display, consumer handheld products, such as LED lighting applications. The Institute pointed out that the main reason is the current font lights / contour lighting applications mostly belongs to the small nature of the project, the main customers only in the global large chains such as McDonald's, Wai-Mart and so on, manufacturers small scale and territoriality phenomenon, for example, light is the font lights / contour lighting manufacturers have more than 6 thousand. As a result, it is estimated that by 2011, the market will grow to $79 million, with a CAGR of 18%.

The Institute pointed out that LED lighting products not only has the advantages of small size, the LED lighting products have been fully grasp the semiconductor lighting can emit light to advantages, reduce the light loss, and long service life of semiconductor lighting, can reduce the maintenance cost, also in the regulation of brightness can withstand more frequent action switch the. Expected in the global energy demand growth and price trends, the traditional light source technology will face bottlenecks in the development of LED technology and cost reduction, LED lighting market has long been a major obstacle.

LED lighting applications to accelerate the popularity of the short term, there are still problems from technology, standards, and business models, such as the need to overcome. Technical aspects, including heat, color, system reliability and efficiency issues, but also to continue to improve the manufacturers. Including product standards, measurement standards, control and interface standards, also need further integration. With the currently available LED lighting products are not many product information uneven in quality, complete, easy to mislead consumers, as well as from including competition OLED and other high efficiency light source and traditional low-cost light source, LED industry may also be restructuring and adjustment of industrial structure.

Source: Chinese semiconductor lighting network