Two reasons for the rapid development of LED indoor lighting

(1) policy promotion

May 23, 2012, the Guangdong Provincial People's government issued a "Guangdong province to promote the use of LED lighting product implementation plan", in accordance with the objectives of the program, to the end of the LED industry in 12th Five-Year to achieve annual output value of more than 500 billion yuan. Program mentioned within 3 years to popularize the public lighting field in Guangdong province LED lighting, public lighting areas including roads, public places, government agencies, state-owned enterprises or state-owned financial capital investment in the construction of lighting engineering; the program also referred to speed up the popularization of social LED lighting. LED indoor lighting is the main product demand.

July 3, 2012, the State Ministry of science and Technology issued a semiconductor lighting technology development in 12th Five-Year special plan. According to the objectives set by the plan, by 2015, China's LED industry scale to reach 500 billion yuan. And in 2012, China's LED industry output value of only 192 billion yuan, and there is still a big gap between the $500 billion. Currently, LED lighting has become the largest application area of LED, the future growth of the LED industry will pull the growth of LED indoor lighting.

Two reasons for the rapid development of LED indoor lighting

January 10, 2013, the national development and Reform Commission and other six ministries jointly prepared the "semiconductor lighting industry planning". According to the planning target, to 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%. LED lighting industry output value increased by an average annual growth rate of about 30%, in 2015 reached 450 billion yuan (LED lighting applications, including).

(two) price decline

Price is too high, the technology is not mature LED indoor lighting has been the main factor in the speed of penetration. After years of development, LED lighting technology has been greatly improved, and now is no longer an obstacle to the promotion of LED indoor lighting. The price problem, with the continuous improvement of technology and market competition is becoming increasingly fierce, LED product prices have been in decline, since 2013, the global replacement of the 60W LED retail price has dropped 28%.