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Global lighting market will reach $ 82.1 billion in 2015,
driven by the emerging markets, LED lighting market will reach $ 25.7 billion,
penetration will up to 31%.
If divide the 2015 global LED lighting
market by area, the European region accounts for 23% of the market size; due to
its high electricity cost and different lighting culture, even there are no
massive subsidies, LED in commercial
lighting and outdoor architectural lighting demands will continue
improving.
China holds 21% market share, mainly because China is the
main LED lighting manufacturer country, plus the cost advantage and complete supply chain, the market
competition are more intense. In order to improve the sales, regardless of LED
Lighting and LED package manufacturers, application factories, or other related
enterprises are all do their best to enhance the penetration rate.
Looking to 2015, Chinese domestic and
overseas lighting market demands will continue to improve. However, due to
intense competition, the product prices will be declined, this is a crisis that
many manufactures need to face in next year.
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