LED home lighting market has great potential

According to industry experts, LED lighting products in the market penetration is hierarchical, hierarchical classification and mainly depends on the user price sensitivity, energy, urgency and so on. Generally speaking, from the lighting applications market segments, long factory lighting, commercial lighting needs are always the first outbreak, local lighting applications quickly penetrate and eventually    gradually household lighting.

Earlier this year, the National Development and Reform Commission, Ministry of Science, Industry and Information Technology and other six ministries will jointly issued the "semiconductor lighting energy industry planning." Planning requirements, LED lighting energy industry output value of average annual growth of around 30% in 2015 reached 450 billion yuan (including LED lighting applications 180 billion yuan). The introduction of planning, no doubt for the LED lighting industry anterior lit a lamp.

From the point of view of the traditional lighting market, China's lighting needs are enormous. 2012 incandescent lamps and CFL lamps mainland market demand reached 1.176 billion and 1.269 billion, straight tube fluorescent lamp market demand 830,000,000, circular fluorescent lamp market demand 800,000,000, halogen lamps market demand for the 755 million ...... If these are replaced by LED lighting products, this market will be very broad. The world's leading innovator of semiconductor lighting manufacturer Cree's CEO Shiwoboda had made it clear that "our goal is to replace every incandescent light bulb."

Although home lighting huge potential market, but because LED lighting needs a larger initial investment, consumer confidence has not yet fully established, so people in the industry said that although the industry is generally optimistic about the prospects of LED home lighting, but the high price and product quality is still the LED popularity of home lighting biggest stumbling block on the road. Industry insiders predict, LED bulbs in the home market to the popularity of 2020 was expected to jump from the current 1% to 32%.