Europe and the rise of LED street lamp replacement tide

With the global environmental issues for energy saving and carbon reduction gradually attention, LED lighting demand gradually rise, compared with consumers replace home lighting up demand by the government led street lamp replacement demand is more clear, but the two sides of LED industry and more locked in Chinese, road light, street lamps to replace Europe actually ignore opportunities gradually forming.

The United States currently LED lighting penetration rate of about 6%, this year is expected to accelerate to 10%, is expected to bid market size will amplify 40~45%; Europe is subject to poor economic conditions, but once the economy improves, the huge business opportunities to replace ensued.

Compared to Taiwan and China, in fact, in Europe and the United States under high tariffs, high tariffs, both the government and the public to have a sense of relative energy saving products, especially in the United States Chau Public electricity cost is high, without a central government, local governments will actively carry out the lamp replacement, less multi government checkpoints impede after the lamp replacement market development speed will be more rapid than Taiwan and Chinese.

Under the light of Lite forest to "LEOTEK" brand in the United States. LED business market for many years, the first American street market opportunities to replace the notice. Operating officer Ye Yaozhong said the company began LED lamp product development, test and preparation from 2007, also successfully made the first street lamp replacement standard case (California 2009), along with the development in recent years, the company has been in the United States market street about 40% market share, second only to CREE 45%.

Ye Yaozhong pointed out that the United States currently has an estimated 36 million street, by the end of last year, the United States LED Street permeability in about 6%, from all over the United States government released the standard case situation, this year is estimated bid market size will be amplified 40~45%, LED lamp can look permeability before the end of this year growth to 10%, the prospect of the company this year with the market will expand and steady growth of 40~45%, the future there is still much room for growth.

In fact,, Lian Jia also enter the U.S. market street, the second generation of LED lights at the end of last year has about 50 thousand North American lamp case, is expected to be shipped to the third quarter of 2014, and became the main momentum this year revenue growth of the company, only 1~4 months of this year total consolidated revenue reached 540 million yuan, the annual increase of 31.52%.

In addition to the United States market, the industry is also optimistic about the European lamp replacement market development, especially the European government due to the poor economic situation, the real opportunity is not to replace the fermentation, it is a good time to every company in advance layout and preparation, once Europe's economic upturn, huge replacement opportunities ensued, Taiwan LED the industry can compete for the street lamp replacement business battlefield, not only China,.