Overseas LED lighting market is ushering in rapid development period

According to the U.S. Department of energy said, LED lighting in 2030 will reduce the consumption of nearly half of U.S. energy loss; by 2030, the United States is the largest field of energy saving potential of the commercial areas, followed by the two residential areas are expected to save 37% and 34% respectively.

The United States Department of energy released January 14th report shows that the light emitting diode (LED) lighting demand will increase by 7.4% per year; as one of the world's best lighting market, the enormous potential of the size of the U.S. LED market may show the whole overseas LED market is in a period of rapid expansion.

Overseas LED lighting market is ushering in rapid development period

Industry observers pointed out that the growth in overseas market demand stimulus in the second half of 2013 has emerged, and there is a great opportunity to continue rapid growth momentum of exports, overseas market penetration of LED domestic manufacturers is expected to exceed the expected increase. According to the U.S. Department of energy said, LED lighting in 2030 will reduce the consumption of nearly half of U.S. energy loss; by 2030, the United States is the largest field of energy saving potential of the commercial areas, followed by the two residential areas are expected to save 37% and 34% respectively. Even if the eyes back to the short term, the U.S. LED market demand growth is also coveted, the U.S. Department of energy report predicts that in 2016 the overall size of the U.S. lighting market will reach $25 billion 100 million.

The industry pointed out that the global research institutions, 2014 began to lock up 60 watt incandescent lamps below, the pulling effect of obtained LED alternative source of demand have appeared in the second half of 2013.