LED lighting product shipments soared in 2024 will exceed $4 billion 100 million

According to the U.S. air force research firm predicts that global LED bulbs and modules annual shipments will increase from $864 million in 2015 to $4 billion 100 million in 2024.

The company's "LED lighting: global outlook" report, analysis of all the world's major space lighting LED bulbs and modules market.

Senior researcher Jesse Ford (Jesse Foote), Michael said: "early adopters attracted some characteristics of LED lighting, such as higher efficiency, better able to work in a cold environment, better control etc.. In contrast, the main reason for the current acceptance of LED LED energy saving and not much increase in the cost of. "

According to the report, the world is required to limit the use of incandescent bulbs and put forward the minimum level of efficiency, while Europe is likely to achieve a leading energy efficiency in residential areas.

In North America, the energy independence and Security Act (EISA) requires the efficiency of lighting bulbs not less than 25%, and from 2012 to 2014 fully implemented in phases, and Canada is not far behind. Because of the laws of physics, it is impossible for a manufacturer to design a bulb that is as efficient as a fluorescent or LED. Wang Wei, Institute of Electronic Science and technology, Ministry of industry and information technology, national defense science and Technology Information Center

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