The United States LED lighting penetration 2020 is expected to reach 46%

According to the New York Times (NYT) quoted research institutions Pike Research report, and in the outdoor lighting market by American commercial, industrial, LED lighting penetration is expected to reach 46% in 2020, the market size of $4 billion 400 million, means that the size of LED lighting in the market is about $2 billion.

Although LED lighting efficiency is high, although the price is high but can be used for a long time, expenses are not expensive than traditional bulbs, but the current price is still allowing consumers to stop. Contains the singular (GE), PHILPS (Philips) and Panasonic are committed to R & D LED lighting, however let and no industry will cost down to $40 each, the price for business users to stop.

But Pike Research also pointed out that in recent years, LED lighting system prices continued to fall, compared with the now popular incandescent lamp and fluorescent lamp, LED lighting is not far more competitive date. In addition to the more attractive price, government subsidies will attract more commercial market into the embrace of LED lighting.

Compared with the domestic market, the commercial market for the calculation of investment and return in more detail, such as high-performance data center and LED lighting, as long as the initial investment returns in the future, the commercial market will be much faster than the domestic market investment, and home users are likely to balk at the first phase of the investment amount is too large.

In addition, Pike is expected to government departments LED lighting market will grow rapidly, many of the city government is a large buyer of LED street lamps. Coupled with a number of pre investment has confirmed that the subsequent annual operating expenses are indeed significantly reduced, is expected to bring more government departments and other relevant departments to adopt.