Why Asia is the main driver of LED lighting in the future?

International online news Henkel group recently released "2025 lighting trends analysis report" shows that the Asia Pacific region will become the key to the future of the global industrial growth driving force.

The report notes that in 2025 the Asian urbanization will grow from 44% in 2010 to $53%, compared with the same period of global urbanization grew by only 6%. With the increasing size of the middle class in Asia, consumer demand for transportation and communications technology will continue to grow, and consumers will be more demanding on energy efficiency and sustainability. Asia market trends are driving innovation in lighting technology in four key areas of residential, medical diagnostics and treatment, outdoor applications and transportation.

Among them, in the field of building, green building and intelligent Home Furnishing will shape a new architectural concept, with the environment detection of digital lighting system, remote and automatic control; in the medical field, the prosperity and development of medical imaging, mobile monitoring devices and biosensors will bring the optical diagnosis; in outdoor lighting, outdoor lighting and street will maximize use of daylight, save energy and reduce the pollution of the city; in the field of transport, the development of intelligent transportation will lead to traffic lights by lighting solutions and sustainable, energy-efficient vehicles will also use more environmentally friendly lighting.

Currently, the global lighting market size of about $66 billion, is expected to grow to $100 billion by 2020, when, LED lighting will occupy more than 70% of the global lighting market share. The market demand for LED lighting in Asia is particularly strong, mainly due to the prosperity of the construction market in the process of urbanization, as well as the government's strong support for energy-saving lighting. Asia is not only the main consumer market for LED lighting, but also the main manufacturing market for LED lighting, a large number of LED lighting factories in mainland China and Taiwan, China, South Korea and Japan, the rapid rise of.

Another major market power for LED development is the need for redevelopment. After the 2011 earthquake and tsunami in Japan, the huge demand for the reconstruction of the LED in the Japanese market penetration increased to 50%, and is expected to further increase to 90%.

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