Energy-saving LED street lighting may be the industry leader

In recent years, the development process of LED lighting street lamp products is comparable to the update level of the hot search page on Weibo, with different information and discoveries every day. In particular, LED street lights are even more popular in green lighting projects and road infrastructure construction. They have penetrated into the market step by step and can be seen everywhere in people's lives.
As outdoor lighting products gradually mature, LED street lights are the earliest application segments for outdoor lighting products and are truly the "hidden champion". So, what is the industrial structure and development status of LED street lights? What will be the future development trend?
China’s rapid urbanization and increasing efforts in energy conservation and emission reduction have provided a huge potential market for the future development of street lamps. Whether it is outdoor lighting, landscape lighting, government projects, or outdoor commercial lighting, the rapid development of outdoor lighting in recent years is obvious to all, and the launch of the "Ten Cities Ten Thousand Lights" demonstration project has caused an explosion in the outdoor lighting market. In early 2009, in order to expand domestic demand and promote the development of China’s LED industry , to reduce energy consumption, the Ministry of Science and Technology of China launched the "Ten Cities Ten Thousand Lights" demonstration project. Driven by the "Ten Cities Ten Thousand Lights" demonstration project, China's LED outdoor functional lighting market reached 8.2 billion yuan in 2012, a year-on-year increase of 61%. Among them, the LED street light market size was 4.2 billion, a year-on-year increase of 43%. It can be said that LED street lights are the dark horse in the future lighting industry.
After the "18th National Congress", due to the promotion of new urbanization construction, urban lighting projects have blossomed across the country. And outdoor lighting fixtures are gradually changing from a functional role to a decorative role. Outdoor lamps not only play a lighting role, but also beautify the urban landscape. Street lights are no longer synonymous with "silly, big, black and thick".
In 2014, the LED industry gradually moved from the growth stage to the maturity stage. The scale of the industry is further expanded and penetration into household lighting is accelerated. Market demand is segmented, and the market in emerging application fields is gradually emerging. Corporate competition has intensified, and mergers and reorganizations have occurred frequently. In order to enhance the international competitiveness of my country's LED enterprises and promote the rapid, orderly and healthy development of the industry.
In 2015, we should focus on strengthening the positive interaction of the industrial chain and promoting collaborative innovation between upstream and downstream; intensify application market expansion and carry out differentiated brand building; improve standards and intellectual property systems, improve product testing capabilities; encourage enterprises to strengthen mergers and reorganizations, and guide rational investment in the industry.