Lamps market 4 years after the fall? LED lamp life or as the main cause

[LED]] energy saving, environmental protection, long service life has been the advantage of the LED lamps to fight the world. For consumers, the lamp has long service life means a few years or even decades without changing light; however, Misfortune might be a blessing disguise. may become long-lived, LED lighting market weakness.

Recently, the U.S. market research firm Strategies Unlimited said that in the next 4 years, the global market will continue to grow the size of the lamp, from $17 billion 900 million in 2014 to $21 billion 200 million in 2018. However, after the market will shrink, by 2022, the market size of the lamp will be reduced to $16 billion.

The agency said that short-term growth and subsequent fall is the same reason - LED lighting penetration in various fields continues to increase. It is expected that LED lamps revenue will increase from $7 billion in 2014 to $15 billion in 2019. Philip, head of research at Smallwood, said: "from 2014 to 2022, the average annual growth rate of LED lighting market is considerable. However, after the peak of the market, the global demand for replacement lamps will be reduced, mainly due to the long life of LED lamps. "

Of course, for now, LED lighting market is still expanding. At present, the biggest factor affecting the lighting market is government regulations, the promulgation of the incandescent ban to make people choose to make lighting technology. It can be said that without these government regulations, the promotion of LED lamps will not be so fast.

The agency said the lighting companies must adapt to changing markets in order to survive. At present, not only the LED lighting market has been showing growth trend, the average annual compound growth rate of other lighting technologies on the market has reached 14%. However, the traditional lighting technology (mainly halogen lamps and energy-saving lamps) growth is short term, in the long run, LED lighting technology will eventually crowned king of lighting". (text / translated Chinese LED network Flora)

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