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Increasing popularity of LED lighting in China
| In the field of lighting, semiconductor lighting (LED), as a new type of green light source, has the characteristics of energy saving, environmental protection, long life and small size, and is widely used in various directions, display, decoration, backlight, ordinary lighting and city night scene. At present, LED has become an ecological light source with a high performance price ratio. It has entered the alternative market for lighting, and the global market for semiconductor lighting has increased with the trend of the global elimination of incandescent lamps and limiting the use of fluorescent lamps (containing mercury).
China is a large country of lighting industry. In recent years, LED lighting has been growing rapidly. The size of China's lighting industry in 2015 is about 560 billion yuan, of which the LED lighting industry is about 155 billion yuan, the annual growth rate is 32.5%, the proportion of LED lighting in the lighting industry is about 28%, the domestic LED lighting product is about 6 billion, the domestic sales volume is about 2 billion 800 million, the domestic market penetration rate of the LED lighting products (the domestic sales number of LED lighting products) The total sales volume of lighting / lighting products is about 32%.
In 2016, the world accelerated the elimination of incandescent lamps. LED has become the mainstream lighting source. China's domestic LED lighting products output is about 8 billion, an increase of 33% over the same period, and domestic sales of about 3 billion 800 million, an increase of 35% over the same period last year. The penetration rate of LED lighting products in the domestic market reached 42%, up 10 percentage points from 2015.
It is estimated that in 2017, the number of LED lighting products in China reached 9 billion 600 million, and the penetration rate of LED lighting products in the domestic market reached 50%.